2025-11-12T12:13:20-06:00 2024-12-31 363163136 LWG CPAS & ADVISORS LLC 101 WEST OHIO ST SUITE 1401 INDIANAPOLIS IN 46204 990 2024-01-01 350726238 UTILITIES DISTRICT OF WESTERN INDIANA REMC UTIL 8123844446 PO BOX 427 BLOOMFIELD IN 47424 W SHANE SMITH CEO 8123844446 2025-11-12 1 1 BRIAN D CHERRY P01355823 3176344747 2024 2025-03-06 01:10:19Z MELINDA HENDRIX 740 S COUNTRY EST LN BLOOMFIELD IN 47424 51010576 0 X WWW.UDWIREMC.COM X 1936 IN DISTRIBUTION OF ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 7 7 58 0 91339 0 0 0 47701287 49429746 279914 192169 1230432 1386375 49211633 51008290 0 0 1825104 1647166 4734553 7194693 0 0 0 42651976 42166431 49211633 51008290 0 0 112016866 118144031 27962133 33248748 84054733 84895283 X UDWI EXISTS TO IMPROVE RURAL LIFE. WE SAFELY DELIVER RELIABLE ELECTRICITY TO OUR MEMBERS. WE PROVIDE OUTSTANDING CUSTOMER SERVICE FROM EVERY POSITION WITHIN UDWI. WE SERVE OUR COMMUNITIES BY PROVIDING HELPING HANDS AND HEARTS TO THOSE IN NEED. 0 0 51008290 51008290 DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 16,029 MEMBERS ON A COOPERATIVE BASIS. 51008290 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 32 0 1 58 1 1 1 0 0 0 0 0 0 49497952 1402448 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X X W SHANE SMITH 8123844446 1666 W SR 54 BLOOMFIELD IN 47424 WARREN EDWARD CULLISON PRESIDENT 4.00 X X 9413 0 0 MELINDA HENDRIX VICE PRESIDENT 4.00 X X 8261 0 0 MICHAEL E WILLIAMS TREASURER 6.00 X X 9409 0 0 SHAWN DUGAN SECRETARY 6.00 X X 7507 0 0 TODD CARPENTER DIRECTOR 14.75 X 6913 0 0 DAVID KIRKLING DIRECTOR 4.00 X 7979 0 0 TERRY P MCDANIEL DIRECTOR 2.00 X 4637 0 0 DAX COLLINS DIRECTOR (THRU 04/24) 5.00 X 2476 0 0 SOPHIE L WEATHERS HAYWOOD DIRECTOR (THRU 04/24) 5.00 X 2476 0 0 DOUGLAS V CHILDS CEO 40.00 X 223361 0 66887 W SHANE SMITH COO 40.00 X 156971 0 39987 MICHAEL W SULLIVAN CFO 40.00 X 111840 0 28501 CURTIS J HASLER LINEMAN 52.92 X 149586 0 27389 STEPHEN W CAMPBELL LINEMAN 47.25 X 132734 0 40802 CODY A ENGLISH LINEMAN 50.62 X 141760 0 30956 PHILIP R EGENOLF LINEMAN 49.92 X 137296 0 31676 NATHAN W NEILL LINEMAN 48.08 X 135784 0 33020 1248403 0 299218 22 0 1 0 HALEY BROS TREE CARE 2096 W CO RD 140 N PAOLI IN 47454 TREE TRIMMING 1382375 ELECTRICOM LLC PO BOX 319 PAOLI IN 47454 POWERLINE CONSTRUCTION 1309594 UTILITY SERVICE CREW LLC PO BOX 226 ORLEANS IN 47452 POWERLINE CONSTRUCTION 1020794 TOWNSEND TREE SERVICE PO BOX 7015 MUNCIE IN 47308 TREE TRIMMING 414150 INTREN 18202 W UNION RD UNION IL 60180 POWERLINE CONSTRUCTION 298578 11 ELECTRIC REVENUES 221000 49429746 49429746 49429746 153955 153955 112364 0 112364 112364 112364 40500 2286 38214 38214 38214 PATRONAGE ALLOCATIONS 900001 1061973 1061973 EARNING IN SUBSIDIARY 221000 134597 134597 NON-ELECTRIC REVENUES 221000 91339 91339 -13898 -13898 1274011 51008290 50477821 91339 439130 1647166 1647166 541325 541325 4473299 4473299 700920 700920 1109557 1109557 369592 369592 1344517 1344517 3743963 3743963 NON-ELECTRIC EXPENSE 107890 107890 PURCHASED POWER 30716943 30716943 MAINTENANCE EXPENSE 2773465 2773465 CONSUMER ACCOUNTING EXP 1450843 1450843 2028810 2028810 51008290 51008290 0 0 815823 819690 5419069 6269888 960223 863062 310480 332649 126204559 36788508 84447709 89416051 20063562 20442691 112016866 118144031 2287276 3105786 24508149 28794693 1166708 1348269 27962133 33248748 X 0 0 394171 415851 83660562 84479432 84054733 84895283 112016866 118144031 X 0 840550 X X 0 1 X 1 0 500 1 INDIANA ELECTRIC COOPERATIVES STATE PAC 11805 PENNSYLVANIA ST CARMEL IN 46032 351499808 500 PART I-A, LINE 1: DONATION TO INDIANA ELECTRIC COOPERATIVES STATE PAC 973676 973676 2258729 1031279 1227450 122972154 35757229 87214925 89416051 PATRONAGE CAPITAL IN WHOLESALE POWER 17826201 C PATRONAGE CAPITAL - OTHER COOPS 1995330 C HOOSIER HERITAGE MGT 621160 C 20442691 CUSTOMER DEPOSITS 629843 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 601000 DEFERRED COMPENSATION 117426 1348269 X 51008290 0 51008290 0 51008290 49361124 0 49361124 1647166 1647166 51008290 PART X, LINE 2: THE REMC FOLLOWS "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". THE GENERALLY ACCEPTED ACCOUNTING PRINCIPAL PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE ACCOUNTING PRINCIPAL 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 THIS ACCOUNTING PRINCIPAL DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE REMC DOES NOT BELIEVE THEY ARE TAKIN ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF MARGINS TO MEMBERS FORM 990, SCHEDULE D, PART XII, LINE 4B ALLOCATION OF CURRENT YEAR MARGINS TO MEMBERS 1,647,166. X X 0 0 0 DOUGLAS V CHILDS CEO 223361 0 0 0 0 0 46698 0 20189 0 290248 0 0 0 W SHANE SMITH COO 156971 0 0 0 0 0 19798 0 20189 0 196958 0 0 0 CURTIS J HASLER LINEMAN 149586 0 0 0 0 0 3063 0 24326 0 176975 0 0 0 STEPHEN W CAMPBELL LINEMAN 132734 0 0 0 0 0 16476 0 24326 0 173536 0 0 0 CODY A ENGLISH LINEMAN 141760 0 0 0 0 0 6630 0 24326 0 172716 0 0 0 PHILIP R EGENOLF LINEMAN 137296 0 0 0 0 0 7350 0 24326 0 168972 0 0 0 NATHAN W NEILL LINEMAN 135784 0 0 0 0 0 8694 0 24326 0 168804 0 0 0 TODD CARPENTER SEE BELOW 30328308 THE REMC PURCHASES ELECTRICITY WHOLESALE FROM HOOSIER ENERGY REC, INC. MR. CARPENTER IS A CURRENT BOARD MEMBER WHO ALSO SERVES AS A BOARD MEMBER FOR HOOSIER ENERGY. THE REMC HAS A COMMITMENT TO PURCHASE POWER FROM HOOSIER ENERGY. 0 MICHAEL WILLIAMS SEE BELOW 184981 MR. WILLIAMS IS BOTH A DIRECTOR FOR THE REMC AND A DIRECTOR FOR THE STATEWIDE ORGANIZATION, INDIANA ELECTRIC COOPERATIVE. THE REMC PAYS ANNUAL DUES FOR TRAINING AND OTHER SERVICES PROVIDED BY THE STATEWIDE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 6 UDWI REMC IS A COOPERATIVE OWNED BY APPROXIMATELY 16,029 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS ON A ROTATING BASIS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS TO BE MADE BY THE BOARD OF DIRECTOS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST IS MONITORED BY THE CEO AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL: THE BOARD OF DIRECTORS SET AND APPROVE THE CEO'S SALARY USING THE NRECA ANNUAL COMPENSATION SURVEY AS A GUIDE. COMPENSATION PROCESS FOR OFFICERS: THE CEO AND DIRECTOR OF HUMAN RESOURCES USE THE NRECA ANNUAL COMPENSATION SURVEY AS A GUIDE IN DETERMINING THE OTHER OFFICERS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN MEMBERSHIPS 2,034. UNRECOGNIZED NET PERIODIC POSTRETIREMENT BENEFIT COST 16,000. ASSIGNMENT OF MARGINS TO MEMBERS 1,647,166. RETIREMENT OF PATRONAGE CAPITAL -1,013,342. UCLAIMED PROPERTY 188,692. FORM 990, PART XII, LINE 2C THE RESPONSIBILITY OF THE COMMITTEE FOR OVERSIGHT OF THE AUDIT, REVIEW, COMPILATION OF FINANCIAL STATEMENTS, AND SELECTION OF INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEARS. HOOSIER HERITAGE MANAGEMENT LLC PO BOX 542 SULLIVAN IN 47882 462114190 TREE TRIMMING IN 2128335 658824 UTILITIES DISTRICT OF WESTERN INDIANA