2020-11-13T11:59:15-06:00 2019-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2019-01-01 351499808 INDIANA STATEWIDE ASSOCIATION OF RURAL ELECTRIC COOPERATIVES INC INDI 3174872227 8888 KEYSTONE CROSSING NO 1600 INDIANAPOLIS IN 46240 DEIRDRE TIERNAN CFO 3174872230 2020-11-13 1 STACY L MURPHY CPA P00642307 3176344747 206.53.252.130 2020-11-13 11:31:59 US P BC2A2F7F361967654C7DEEB647224C7E765561F5 BC2A2F7F361967654C7DEEB647224C7E765561F5 2019 2021-04-22 16:20:28Z INDIANA ELECTRIC COOPERATIVES DEIRDRE TIERNAN 8888 KEYSTONE CROSSING NO 1600 INDIANAPOLIS IN 46240 8748857 0 X N/A X 1935 IN PROVIDING SERVICES TO RURAL ELECTRIC MEMBERSHIP COOPERATIVES 38 38 35 0 0 0 0 0 8122156 8655863 7623 5225 74067 23182 8203846 8684270 0 0 0 0 4907296 5275178 0 0 0 3325885 3304557 8233181 8579735 -29335 104535 5598932 5796474 1105219 1183347 4493713 4613127 INDIANA ELECTRIC COOPERATIVES EXISTS TO ENHANCE THE COMPETITIVENESS OF ITS MEMBER DISTRIBUTION COOPERATIVES AND GENERATION AND TRANSMISSION COOPERATIVES 0 0 8579735 8678923 PROVIDING SERVICES TO RURAL ELECTRIC MEMBERSHIP COOPERATIVES. 8579735 0 0 1 0 0 0 0 0 0 1 0 0 1 0 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 13 0 35 0 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 8888 KEYSTONE CROSSING SUITE 1600 INDIANAPOLIS IN 46240 CANDACE MEYER CLARK DIRECTOR 0.25 X 0 0 0 D'ANN STOUFFER HEARTLAND DIRECTOR 0.30 X 0 0 0 DAVE COXNEWTON CO DIRECTOR 1.00 X 0 0 0 DAVID RUDOLPHDUBOIS CO DIRECTOR 0.30 X 0 0 0 DAVID WALTHERHARRISON CO DIRECTOR 0.40 X 0 0 0 GARY GERLACHCARROLL WHITE CO PRESIDENT 10.00 X X 11200 0 0 GARY SAYNE WHITEWATER VALLEY DIRECTOR 2.50 X 0 0 0 GLENN MCALPIN JOHNSON DIRECTOR 0.10 X 0 0 0 HARLEY DRAKEWIN ENERGY DIRECTOR 0.00 X 0 0 0 JAMES COXSOUTH CENTRAL DIRECTOR 1.00 X 0 0 0 JAMEY MARCUMHENRY CO DIRECTOR 2.00 X 0 0 0 JEFF BRILL LAGRANGE DIRECTOR 0.00 X 0 0 0 JOHN GASSTROM CEO 45.00 X X 255168 0 29583 KENNETH DEYOUNGJASPER CO DIRECTOR 2.00 X 0 0 0 KIM BUHRT KOSCIUSKO DIRECTOR 1.00 X 0 0 0 LARRY CARLSONTIPMONT CO DIRECTOR 2.00 X 1500 0 0 LARRY JACKSTEUBEN CO DIRECTOR 0.20 X 0 0 0 LEANDER HOOVERFULTON CO DIRECTOR 1.30 X 0 0 0 MARK EVANSPARKE CO DIRECTOR 0.20 X 0 0 0 MARK NIGHRUSHSHELBY DIRECTOR 2.00 X 1800 0 0 MELISSA MENCHOFER SOUTHEASTERN DIRECTOR 2.00 X 0 0 0 MICHAEL NINDEJAY CO DIRECTOR 0.30 X 0 0 0 MIKE WILLIAMSUDWI DIRECTOR 2.00 X 0 0 0 OTTO WERNERKANKAKEE VALLEY DIRECTOR 0.80 X 0 0 0 RANDY KLEEVINGSOUTHERN INDIANA POWE SECRETARY/TREASURER 2.40 X X 3650 0 0 RICHARD LEEPERMARSHALL CO DIRECTOR 2.00 X 0 0 0 ROBERT HIGGINS NORTHEASTERN DIRECTOR 1.00 X 0 0 0 RODNEY HAGER ORANGE DIRECTOR 0.00 X 0 0 0 RON ARNHOLTBARTHOLOMEW CO DIRECTOR 1.00 X 0 0 0 STEVE AMRHEIN-DECATUR CO DIRECTOR 1.00 X 0 0 0 STEVE VALE NINE STAR CONNECT DIRECTOR 2.00 X 1600 0 0 STEVEN MCMICHAEL PAULDING DIRECTOR 2.00 X 1600 0 0 SUSAN WEBB HENDRICKS DIRECTOR 4.00 X 0 0 0 TERRY CHAPMANDAVIESS-MARTIN DIRECTOR 0.10 X 0 0 0 TODD SMITHMIAMI-CASS DIRECTOR 0.50 X 0 0 0 TOM DULL BOONE DIRECTOR 0.20 X 0 0 0 TOM LEAKWARREN CO DIRECTOR 3.00 X 0 0 0 WALTER HUNTERJACKSON CO VICE PRESIDENT 2.50 X X 1650 0 0 WILLIAM KNOX NOBLE DIRECTOR 2.00 X 0 0 0 DEIRDRE TIERNAN CFO 45.00 X 186524 0 66082 COREY WILLIS EMPLOYEE 40.00 X 140793 0 59341 JENNIFER RUFATTO EMPLOYEE 50.00 X 175887 0 51105 MICHAEL BRENNER EMPLOYEE 40.00 X 157952 0 57172 939324 0 263283 5 0 1 0 NRECA 4301 WILSON BLVD ARLINGTON VA 22203 PENSION,401K, HEALTH, LTD AND LIFE 1096956 LSC COMMUNICATIONS 700 AIRTECH PKWY INDIANAPOLIS IN 46231 PRINTING 620422 INDIANAPOLIS MARRIOT DOWNTOWN 350 W MARYLAND STREET INDIANAPOLIS IN 46225 CONFERENCE SPACE, CATERING, LODGING 249449 3 MEM DUES AND ASSESSMEN 900099 6153417 6153417 MEMBER SERVICES 900099 2463326 2463326 IVY TECH-REAP PROGRAM 900099 39120 39120 8655863 5347 5347 64465 64587 -122 -122 -122 CALENDAR 900099 16014 16014 ALMANAC 900099 5256 5256 PATRONAGE REVENUE 900099 4815 4815 -2903 -2903 23182 8684270 8678923 0 5347 X 3603786 3603786 731567 731567 683179 683179 256646 256646 77219 77219 58557 58557 356787 356787 199656 199656 139982 139982 PRINTING COSTS 641413 641413 MEALS AND ENTERTAINMENT 381932 381932 CONSULTING FEES 259203 259203 MEETING EXPENSE 250887 250887 938921 938921 8579735 8579735 0 0 3298655 3527756 651867 808100 376163 387274 1085265 522631 638711 562634 145388 147161 488148 363549 5598932 5796474 1105219 1183347 1105219 1183347 X 0 0 0 0 4493713 4613127 4493713 4613127 5598932 5796474 X 104535 14879 X X 0 1 X 1 0 18000 18000 0 FORE PAC 8888 KEYSTONE CROSSING SUITE 1600 INDIANAPOLIS IN 46240 351998087 18000 280786 74096 206690 804479 448535 355944 562634 WEB SITE 123259 PENSION PREPAYMENT 363131 A/A - WEB SITE -122841 363549 X 8690374 6104 6104 8684270 0 8684270 8585842 6107 6107 8579735 0 8579735 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 19,215. DIRECTORY 2,903. CALENDAR -16,014. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 19,215. DIRECTORY 2,903. CALENDAR -16,014. ROUNDING 3. PART XI. LINE 4B AND PART XI, LINE 2D ACCOUNTS WERE GROUPED DIFFERENTLY ON THE FINANCIAL STATEMENTS, BUT THE REVENUES IN EXCESS OF EXPENSES ARE THE SAME OTHER THAN SMALL ROUNDING DIFFERENCE. 1 X 0 0 0 JOHN GASSTROM CEO 194344 0 60824 0 0 0 0 0 0 0 255168 0 0 0 DEIRDRE TIERNAN CFO 173489 0 13035 0 0 0 0 0 0 0 186524 0 0 0 JENNIFER RUFATTO EMPLOYEE 162852 0 13035 0 0 0 0 0 0 0 175887 0 0 0 MICHAEL BRENNER EMPLOYEE 147954 0 9998 0 0 0 0 0 0 0 157952 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 THEIR 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 AND THE AUDIT 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 IX, LINE 24E MISC EXPENSES : PROGRAM SERVICE EXPENSES 189,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 189,359. DUES AND SUBSCRIPTIONS : PROGRAM SERVICE EXPENSES 120,416. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 120,416. NETWORK SUPPORT : PROGRAM SERVICE EXPENSES 107,702. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,702. TELEPHONE-PROGRAM SERVICES : PROGRAM SERVICE EXPENSES 59,996. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,996. CONFERENCE CENTER EXP: PROGRAM SERVICE EXPENSES 51,713. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,713. JOINT LEGISLATIVE ACTIVITY : PROGRAM SERVICE EXPENSES 48,040. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,040. PHOTO SUPPLIES : PROGRAM SERVICE EXPENSES 47,656. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,656. COURSE REGISTRATION FEES : PROGRAM SERVICE EXPENSES 47,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,260. INSURANCE : PROGRAM SERVICE EXPENSES 40,268. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,268. PUBLICATION COSTS : PROGRAM SERVICE EXPENSES 37,986. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,986. BANK FEES : PROGRAM SERVICE EXPENSES 36,694. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,694. EMPLOYEE EDUCATION : PROGRAM SERVICE EXPENSES 34,866. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,866. REPAIRS AND MAINTENANCE : PROGRAM SERVICE EXPENSES 27,248. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,248. ADVERTISING : PROGRAM SERVICE EXPENSES 25,621. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,621. EQUIPMENT RENTAL AND MAINTENANCE : PROGRAM SERVICE EXPENSES 24,495. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,495. AMORTIZATION OF ROAD : PROGRAM SERVICE EXPENSES 12,939. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,939. POSTAGE COSTS : PROGRAM SERVICE EXPENSES 8,547. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,547. VAULT STORAGE : PROGRAM SERVICE EXPENSES 7,625. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,625. GIFTS, CARDS, FLOWERS, ETC.: PROGRAM SERVICE EXPENSES 3,913. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,913. TAXES : PROGRAM SERVICE EXPENSES 3,556. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,556. SHIPPING COSTS : PROGRAM SERVICE EXPENSES 2,021. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,021. CONTRIBUTIONS : PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. FORM 990, PART XI, LINE 9: MEMBERSHIP DISTRIBUTION 14,879. FORM 990, PART XII, LINE 2C THE PROCESS IS THE SAME AS PRIOR YEAR.