2025-08-18T08:25:20-05:00 2024-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2024-01-01 351499808 INDIANA STATEWIDE ASSOCIATION OF RURAL ELECTRIC COOPERATIVES INDI 3174872220 11805 PENNSYLVANIA ST CARMEL IN 46032 DEIRDRE TIERNAN CFO 3174872220 2025-08-12 1 1 BRIAN D CHERRY CPA P01355823 3176344747 2024 2025-03-06 01:10:19Z INDIANA ELECTRIC COOPERATVIES DEIRDRE TIERNAN 11805 PENNSYLVANIA ST CARMEL IN 46032 10000358 0 X N/A X 1935 IN PROVIDING SERVICES TO RURAL ELECTRIC MEMBERSHIP COOPERATIVES 38 38 38 0 0 0 0 0 9431886 9892050 -6625 -6159 98050 100938 9523311 9986829 0 0 0 0 5679111 5738138 0 0 0 4081240 4070429 9760351 9808567 -237040 178262 9253027 10702935 3879785 5151426 5373242 5551509 INDIANA ELECTRIC COOPERATIVES EXISTS TO UNIFY, LEAD, SERVE, AND ADVOCATE FOR OUR MEMBER DISTRIBUTION AND GENERATION AND TRANSMISSION COOPERATIVES 0 0 9808567 0 9992988 PROVIDING SERVICES TO RURAL ELECTRIC MEMBERSHIP COOPERATIVES. 9808567 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 38 1 0 0 0 0 0 0 0 0 X 38 38 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X DEIRDRE TIERNAN 3174872220 11805 PENNSYLVANIA ST CARMEL IN 46032 RON ARNHOLT - BARTHOLOMEW DIRECTOR 3.00 X 2350 0 0 THOMAS DULL - BOONE DIRECTOR 2.50 X 5850 0 0 GARY GERLACH - CARROLL WHITE DIRECTOR 3.00 X 2700 0 0 JEFF MYERS - CLARK COUNTY DIRECTOR 2.00 X 2800 0 0 D TERRY CHAPMAN - DAVIESS-MARTIN DIRECTOR 3.40 X 5850 0 0 STEVE AMRHEIN - DECATUR COUNTY DIRECTOR 2.00 X 2700 0 0 DAVID RUDOLPH - DUBOIS REC DIRECTOR 2.00 X 2800 0 0 LEANDER HOOVER - FULTON COUNTY DIRECTOR 1.25 X 1350 0 0 DAVID WALTHER - HARRISON REMC DIRECTOR 1.50 X 1350 0 0 D'ANN STOUFFER - HEARTLAND REMC DIRECTOR 2.00 X 2250 0 0 DAVE THOMAS - HENDRICKS POWER DIRECTOR 4.00 X 2700 0 0 WALTER HUNTER - JACKSON COUNTY DIRECTOR 3.00 X 2700 0 0 DAVID DUTTLINGER - JASPER COUNTY DIRECTOR 3.13 X 5800 0 0 RONALD SMITHISON - JAY COUNTY DIRECTOR 2.50 X 2250 0 0 SETH BROWN - JCREMC DIRECTOR 2.50 X 3350 0 0 MICHAEL YANKAUSKAS - KANKAKEE VALLE DIRECTOR 2.50 X 4000 0 0 STEVE MINER - KOSCIUSKO REMC DIRECTOR 2.00 X 2250 0 0 JEFF BRILL - LAGRANGE COUNTY REMC DIRECTOR 2.00 X 2250 0 0 TODD SMITH - MIAMI-CASS REMC DIRECTOR 4.00 X 3150 0 0 BRENT CREEK - NEWTON COUNTY DIRECTOR 3.00 X 2250 0 0 RAYMOND KERKHOF - NINESTAR CONNECT DIRECTOR 2.50 X 2700 0 0 WILLIAM KNOX - NOBLE REMC DIRECTOR 6.50 X 2250 0 0 JOE KRUYER - NORTHEASTERN DIRECTOR 2.00 X 2250 0 0 DANIEL HOUCHIN - ORANGE COUNTY REMC DIRECTOR 3.00 X 2800 0 0 MICHAEL CARPENTER - PARKE COUNTY RE DIRECTOR 2.00 X 900 0 0 MARK NIGH - RUSHSHELBY ENERGY DIRECTOR 2.00 X 2700 0 0 BRUCE HAMLIN - SOUTH CENTRAL INDIAN DIRECTOR 1.00 X 2700 0 0 MELISSA MENCHHOFER - SOUTHEASTERN I DIRECTOR 3.00 X 4950 0 0 RANDY KLEAVING -SOUTHERN INDIANA PO DIRECTOR 3.00 X 3700 0 0 MARC NELSON - STEUBEN COUNTY REMC DIRECTOR 2.00 X 2700 0 0 LYNN BECK - TIPMONT DIRECTOR 2.00 X 3150 0 0 MICHAEL WILLIAMS - UDWI DIRECTOR 2.00 X 2700 0 0 DWAINE AKERS - WARREN COUNTY DIRECTOR 2.00 X 1800 0 0 GARRY SAYNE - WHITEWATER VALLEY REM DIRECTOR 8.00 X 2250 0 0 HARLEY DRAKE - WIN ENERGY DIRECTOR 5.00 X 1800 0 0 STEVE MCMICHAEL - PAULDING PUTNAM PRESIDENT 12.00 X X 20320 0 0 RICHARD LEEPER - MARSHALL VICE PRESIDENT 8.00 X X 13850 0 0 JAMEY MARCUM - HENRY SECRETARY/TREASURER 8.00 X X 8450 0 0 JOHN CASSADY CEO 40.00 X 334664 0 231428 DEIRDRE TIERNAN CFO & COO 40.00 X 235599 0 116809 AMANDA BARTH EMPLOYEE 40.00 X 163159 0 71809 JON ELKINS EMPLOYEE 40.00 X 168600 0 117679 RYAN HEATER EMPLOYEE 40.00 X 178569 0 49754 DEBRA HUNTER EMPLOYEE 40.00 X 127796 0 44608 MARTY JONES EMPLOYEE 40.00 X 128307 0 74974 ADAM LOCK EMPLOYEE 40.00 X 137466 0 60340 GREG PEMBERTON EMPLOYEE 40.00 X 140144 0 37088 1756974 0 804489 18 0 1 0 RIGDON CONSTRUCTION 105 COMMERCE DR STE A DANVILLE IN 46122 CONSTRUCTION SERVICES 2191996 NRECA 4301 WILSON BLVD ARLINGTON VA 22203 EMPLOYEE BENEFITS 1890086 LSC COMMUNICATIONS 700 AIRTECH PKWY INDIANAPOLIS IN 46231 PRINTING SERVICES 899764 INDIANAPOLIS MARRIOTT 10 S WEST ST INDIANAPOLIS IN 46204 EVENT SERVICES 239869 4 MEMBER SERVICES 900099 4961644 4961644 MEM DUES AND ASSESSMEN 900099 4484837 4484837 REAP PROGRAM 900099 409856 409856 IVY TECH 900099 35713 35713 9892050 5283 5283 2087 13529 -11442 -11442 -11442 CALENDAR 900099 54476 54476 DIRECTOR 900099 20429 20429 ALMANAC 900099 18302 18302 7731 7731 100938 9986829 9992988 0 -6159 3896964 3896964 766389 766389 795144 795144 279641 279641 53657 53657 227830 227830 18271 18271 68258 68258 68516 68516 270831 270831 514996 514996 183258 183258 211699 211699 319876 319876 53510 53510 PRINTING COSTS 863771 863771 MEALS & ENTERTAINMENT 266532 266532 TRAINING 155175 155175 TELEPHONE & SOFTWARE 142903 142903 651346 651346 9808567 9808567 0 0 725899 695348 1496851 1426808 216876 280110 8999440 862954 6411975 8136486 156430 158319 244996 5864 9253027 10702935 2611820 1113876 1100000 3325000 167965 712550 3879785 5151426 X 0 0 0 0 5373242 5551509 5373242 5551509 9253027 10702935 178262 5 0 X X 0 1 X 1 0 18000 18000 1 IEC STATE PAC 11805 PENNSYLVANIA ST CARMEL IN 46032 351998089 18000 1763309 1763309 5467875 169673 5298202 1146529 293754 852775 621727 399527 222200 8136486 PROFESSIONAL SERVICE ASSITANCE FUND 119744 AGENTS' FUND 592806 712550 X 9986829 0 9986829 0 9986829 9808567 0 9808567 0 9808567 PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS - THE ASSOCIATION FOLLOWS "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." WHICH PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THE ACCOUNTING PRINCIPLE DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS AS THE ASSOCIATION DOES NOT BELIEVE IT IS TAKING ANY UNCERTAIN POSITIONS. 1 X 0 0 0 JOHN CASSADY CEO 334664 0 0 0 0 0 195434 0 35994 0 566092 0 0 0 DEIRDRE TIERNAN CFO & COO 235599 0 0 0 0 0 95422 0 21387 0 352408 0 0 0 JON ELKINS EMPLOYEE 168600 0 0 0 0 0 86774 0 30905 0 286279 0 0 0 AMANDA BARTH EMPLOYEE 163159 0 0 0 0 0 38877 0 32932 0 234968 0 0 0 RYAN HEATER EMPLOYEE 178569 0 0 0 0 0 11575 0 38179 0 228323 0 0 0 MARTY JONES EMPLOYEE 128307 0 0 0 0 0 42444 0 32530 0 203281 0 0 0 ADAM LOCK EMPLOYEE 137466 0 0 0 0 0 30004 0 30336 0 197806 0 0 0 GREG PEMBERTON EMPLOYEE 140144 0 0 0 0 0 4479 0 32609 0 177232 0 0 0 DEBRA HUNTER EMPLOYEE 127796 0 0 0 0 0 18937 0 25671 0 172404 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF RURAL ELECTRIC MEMBERSHIP COOPERATIVES LOCATED IN THE STATE OF INDIANA WHO PAY DUES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS HAS THE AUTHORITY TO APPOINT THE CHIEF EXECUTIVE OFFICER POSITION. FORM 990, PART VI, SECTION A, LINE 7B THE ASSOCIATION HAS SUB-COMMITTEES THAT MAKE RECOMMENDATIONS BUT BOARD MEMBERS MUST APPROVE ACTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE BEFORE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED AT A BOARD MEETING AND ANNUALLY MEMBERS ARE REQUIRED TO SIGN THE POLICY TO ENSURE COMPLIANCE FORM 990, PART VI, SECTION B, LINE 15 A REVIEW IS PERFORMED ANNUALLY FOR THE CEO BY THE BOARD OF DIRECTORS. COMPARABLE DATA FROM THE INDUSTRY AS WELL AS THE INDIANAPOLIS MARKET IS USED TO ANALYZE SALARY LEVELS. AN ANNUAL REVIEW IS ALSO PERFORMED FOR THE CFO AND COMPARABLE DATA IS USED FROM VARIOUS SOURCES, INCLUDING BUT NOT LIMITED TO, VARIOUS COMPENSATION MANUALS. FORM 990, PART VI, SECTION C, LINE 19 TAX RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT OUR OFFICE. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES MADE FROM PRIOR YEAR.