2021-11-05T07:29:28-05:00 2020-12-31 990 2020-01-01 350424700 Johnson County Rural Electric Membership Corporation JCREMC % John Sturm JOHN 3177366174 750 International Drive Franklin IN 46131 JOHN STURM CEO 3177366174 2021-11-05 JOHN STURM 999009999 0 IAL1 2020 2022-09-23 18:48:47Z JCREMC JOHN STURM 750 International Dr Franklin IN 46131 61928081 false X www.jcremc.com X 1936 IN To safely and efficiently provide reliable electric services for the community 7 6 67 0 0 60904760 59979233 567844 430630 2060790 1461509 63533394 61871372 0 0 5622937 5599980 0 0 54746668 52712258 60369605 58312238 3163789 3559134 137657600 143678667 53446394 54050209 84211206 89628458 To safely and efficiently provide reliable electric services for the community. false false 58312238 60681237 Distribution of electricity 58312238 false false true false false false false false false false true false true false true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false true 42 0 true 67 true false false false false false false 59979233 1948848 false false false X 7 6 false false false false true true false true true false false true true true true true true false false false IN X JCREMC 3177366174 750 International Drive Franklin IN 46131 JOHN STURM CEO 45.00 5.000 X 285913 0 75761 TERRY MILLER CFO 45.00 5.000 X 161952 0 75541 KEVIN SHELLEY Director of Engineerin 45.00 X 140653 0 56824 TIM HOGUE Director of Operations 45.00 X 142959 0 48787 SHAWN FRYE Director of Technology 45.00 X 119390 0 51683 TIM FOSTER Line Superintendent 45.00 X 121044 0 46593 KEN DICKEY Purchasing Coordinator 43.00 X 107459 0 55708 GLENN MCALPIN Board of Director 5.100 X 27028 9698 0 SETH BROWN Board of Director 5.500 X 26628 9698 0 RON BARNETT Board of Director 6.800 X 24878 9698 0 STEPHEN WASTSON President 5.200 X 24512 8001 0 JAMIE MEREDITH SecretaryTreasurer 6.300 X 24054 8798 0 LEE ANN WILBUR Vice President 4.900 X 20776 7897 0 STEVEN SHAUL Board of Director 5.000 X 20741 7710 0 KEVIN MCGINNIS Former Director X 22981 0 0 RON GROSE Former Director X 14146 0 0 1285114 61500 410897 15 true true false Sub-Surface of Indiana 7225 W 700 S Morgantown IN 46160 utility line const maint 1299521 G&G Construction 7144 Gwinnett Place Noblesville IN 46060 utility line const maint 1297774 Asplundh Tree Expert LLC 708 Blair Mill Road Willow Grove PA 19090 tree trimming 1147201 5 Star Electric 175 ST RT 109N Clay KY 42404 utility line const maint 961820 JDH Contracting 8109 Network Dr Plainfield IN 46168 utility line const maint 766605 10 Electrictiy distributi 221000 59933237 59933237 PenaltiesService Char 221000 45996 45996 59979233 391500 391500 486518 486518 486518 486518 64715 25585 39130 39130 39130 0 28636 31124 -2488 -2488 Patronage Capital 900001 861437 861437 Patronage Capital Asso 900001 -196075 -196075 312117 312117 977479 61871372 60681237 1190135 X 616482 3705142 700512 189154 388690 112678 18025 7281 136073 32825 366990 370008 20997 57538 1531174 198579 4264315 90626 purchased power 40847898 line operation & maint 3559854 taxes 932334 meter reading 36558 128505 58312238 0 0 0 54964 54771 2876363 1004538 6424881 7707999 1469347 3560932 4363024 4988985 2087992 1570086 124761516 28396952 91492307 96364564 28302659 28025201 586063 401591 137657600 143678667 7933448 7483765 37001195 40330886 8511751 6235558 53446394 54050209 X 84211206 89628458 84211206 89628458 137657600 143678667 X 3559134 1858118 X false true X true false 7281 7281 7281 true Indiana Electric Coop 8888 Keystone Crossing Ste 1600 Indianapolis IN 46240 5281 Indiana FORE 8888 Keystone Crossing Ste 1600 Indianapolis IN 46240 2000 false false false false false false false 397724 397724 4204892 3451382 753510 120158900 24945570 95213330 96364564 Patronage capital Hoosier Energy 23295211 F Patronage capital NRUCFC 501602 C Investment in Captial Term Certificate 510138 F Investment in Bank for Cooperatives 1000 F Investment in Associated Companies 2806 F Investment in Indiana Electric Coop 104414 F Investment in NISC 199498 F Investment in Subsidiary Companies 2911751 F Deferred Compensation 498781 F 28025201 401591 401591 Accumulated provision pension 4987726 Construction advances 1247832 6235558 61871372 61871372 61871372 58312238 58312238 58312238 X false false false false false false false false false JOHN STURM CEO 263317 12500 10096 51358 24403 361674 TERRY MILLER CFO 146661 4000 11291 52387 23154 237493 KEVIN SHELLEY Director of Engineerin 133736 3000 3917 33843 22981 197477 TIM HOGUE Director of Operations 130856 4000 8103 25805 22982 191746 SHAWN FRYE Director of Technology 109867 4000 5523 28964 22719 171073 TIM FOSTER Line Superintendent 111920 2500 6624 24527 22066 167637 KEN DICKEY Purchasing Coordinator 100369 1573 5517 33404 22304 163167 GLENN MCALPIN Board of Director 9300 2100 17728 7598 27028 9698 SETH BROWN Board of Director 8900 2100 17728 7598 26628 9698 RON BARNETT Board of Director 7150 2100 17728 7598 24878 9698 STEPHEN WASTSON President 10275 1900 14237 6101 24512 8001 JAMIE MEREDITH SecretaryTreasurer 8425 2100 15629 6698 24054 8798 LEE ANN WILBUR Vice President 7250 2100 13526 5797 20776 7897 STEVEN SHAUL Board of Director 7650 2100 13091 5610 20741 7710 KEVIN MCGINNIS Former Director 22981 22981 RON GROSE Former Director 14146 14146 Part VI Line 6 JCREMC has members who receive electricity from JCREMC. Part VI Line 7a JCREMC has members who have the right and responsibility to attend the Part VI Line 7a annual meeting every year and vote for candidates for the board. Part VI Line 11b Form 990 is reviewed by JCREMC's governing body during the board of Part VI Line 11b directors meeting before it is filed. Part VI Line 12c JCREMC's directors, officers and key employee's are required to sign a Part VI Line 12c conflict of interest certification annually. Part VI Line 19 JCREMC's governing documents are available to view on our website. Our Part VI Line 19 financial statements are available upon request. Part XI Line 9 The $1,858,118, other changes in net assets consists of two items. The Part XI Line 9 first is a negative $432,121. This number consists of a retirement of Part XI Line 9 patronage capital in the amount of $706,509, an increase in fund balances Part XI Line 9 of $296,517, due to unclaimed patronage capital brought back into other Part XI Line 9 fund balances and a payout of $22,129 in unclaimed patronage capital that Part XI Line 9 decreased other fund balances during the year. The second item consists of Part XI Line 9 a $2,290,239 decrease in the market adjustment valuation of our post Part XI Line 9 retirement beneifts. Our post retirement benefits is determined by an Part XI Line 9 actuarial study each year and we do not fund any portion of that balance. Part XI Line 9 JCREMC has shown patronage retirement to its members in the other changes Part XI Line 9 in net assets or fund balances section. JCREMC has not shown any amount of Part XI Line 9 patronage retirement on 990, Section IX, Statement of Functional Expenses, Part XI Line 9 line 4. The reason that Section IX, line 4 does not include any retirements Part XI Line 9 from patronage is due to the fact that none of the amounts that were Part XI Line 9 retired from the patronage of JCREMC were operating expenses, but were Part XI Line 9 rather merely a return of JCREMC's equity. The presentation shown by JCREMC Part XI Line 9 was done in order to adequately supply all necessary information to the Part XI Line 9 service as well as accuarately disclose the activity of JCREMC for the year Johnson County Fiber Network Data Communications IN NA NA false false Effective Systems 750 International Dr Franklin IN 46131 320046607 Holding Company IN JCREMC C Corp 102900 3276615 1.00000 false Rural Utility Economic Development Corporation 750 International Dr Franklin IN 46131 351989503 Backup Generator IN Effective Systems C corp 40000 33573 1.00000 false Effective Systems Fiber Network 750 International Dr Franklin IN 46131 451619463 Data Communications IN Effective Systems C corp 370674 5219943 1.00000 false true true false true false false true false false false false false false true true true true false false Effective Systems Q 46455 reimburse JCREMC for exp Rural Utility Economic Development Corporation B 40000 grant Effective Systems Fiber Network A 43138 interest on note D 2175889 loan Franklin G 2175889 book value of assets N 2367 actual costs O 164701 actual costs Franklin IN 46131 P 239273 actual costs Part V Line 2 Effective Systems Fiber Part V Line 2 Network transaction Part V Line 2 type O 164701 actual Part V Line 2 costs Part V Line 2 Effective Systems Fiber Part V Line 2 Network transaction Part V Line 2 type P 239273 actual Part V Line 2 costs