2025-11-17T09:14:16-05:00 2024-12-31 311413363 BHM CPA GROUP INC PO BOX 875 CIRCLEVILLE OH 431130875 990 2024-01-01 350711159 TIPMONT RURAL ELECTRIC MEMBERSHIP CORPORATION TIPM 8007263953 403 S MAIN STREET LINDEN IN 47955 RONALD L HOLCOMB PRESIDENT & CEO 8007263953 2025-11-14 false RYAN C HIXENBAUGH CPA P01052454 7404745210 2025-11-14 2024 2025-03-06 01:10:19Z RONALD L HOLCOMB 91227243 false X WWW.TIPMONT.ORG X 1938 IN DISTRIBUTION OF ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 7 7 137 0 0 83479530 87963153 128796 147799 2775089 3116291 86383415 91227243 0 3845024 5394387 0 0 0 82481254 85784830 86326278 91179217 57137 48026 277633776 295352490 190489885 202905560 87143891 92446930 DISTRIBUTION OF ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false 91179217 91179218 DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 30,853 MEMBERS ON A COOPERATIVE BASIS. 91179217 false false false false false false false false false true false true false true true 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 true true false false true 67 0 true 137 true false false false false false 87963153 3264090 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false IN X DOUG MARTIN 7652694835 403 S MAIN STREET LINDEN IN 47955 RONALD L HOLCOMB PRESIDENT & 40.00 X 448375 0 95003 JENNIFER RUFATTO CMO 40.00 X 277866 0 44840 JEREMY KONKLE COO 40.00 X 277939 0 33133 JASON M MONROE CUSTOMER EXP 40.00 X 270189 0 13754 DOUGLAS L MARTIN VP, FINANCE 40.00 X 223573 0 31802 TRAVIS L BAILEY TECHNOLOGY I 40.00 X 213379 0 32324 JOSEPH P KLINE DIRECTOR OF 40.00 X 162053 0 55052 CHRISTOPHER BLAISDELL SYSTEM ENGIN 40.00 X 162389 0 45308 ROBERT J BAKER DIRECTOR 25.00 X 48871 0 0 LARRY E CARLSON DIRECTOR 9.00 X 44201 0 0 KIRK ALTER SECRETARY/TR 15.00 X 40296 0 0 LYNN BECK VICE CHAIRMA 20.00 X 25586 0 0 BRANDON S BIBLE CHAIRMAN 7.00 X 23796 0 0 WESLEY STOCKDALE DIRECTOR 7.00 X 13766 0 0 JANET HARLOW DIRECTOR 8.00 X 12901 0 0 THOMAS CUTTER DIRECTOR 7.00 X 3442 0 0 2248622 351216 44 true true false BERRY IT INC 4316 N 00 EW KOKOMO IN 46901 SMART GRID CONT 7770983 HOOSIER EDISON LINE COMPANY 4301 N 88 W SHARPSVILLE IN 46068 ELECTRICAL CONT 2869971 STEPTOE & JOHNSON LLP PO BOX 603212 CHARLOTTE NC 28260 LEGAL CONSULTAN 1380145 MINT CITY TREE SERVICES LLC PO BOX 210 BREMEN IN 46506 TREE TRIMMING 1057238 LONDON ECONOMICS INTERNATIONAL LLC 717 ATLANTIC AVE STE 1A BOSTON MA 02111 OUTSIDE CONSULT 819540 13 ELECTRIC REVENUE 222100 80324359 80324359 SMART GRID REVENUE 517000 7638794 7638794 87963153 147799 147799 228736 228736 228736 228736 PATRONAGE REVENUE 221000 2675000 2675000 OTHER CAPITAL CREDITS 221000 164529 164529 TIPMONT HOLDING INC. 221000 48026 48026 2887555 91227243 91031418 195825 5394387 6407102 8516984 PURCHASED POWER 49053689 OPERATIONS AND MAINTENANC 11563975 GENERAL AND ADMINISTRATIV 5946370 CONSUMER ACCOUNT EXPENSE 4297160 -450 91179217 0 0 0 3650563 5317765 12416117 12425363 4189442 5799743 125950 142752 284556233 61138257 212612164 223417976 43863333 46457182 776207 1791709 277633776 295352490 15692926 14450039 154243771 164004356 20553188 24451165 190489885 202905560 X 99785 99785 87044106 92347145 87143891 92446930 277633776 295352490 X 48026 5255013 X false true X false false 867818 867818 6399752 3079669 3320083 277288663 58058588 219230075 223417976 WABASH VALLEY POWER 24152765 C VENDOR COOPERATIVES 22304417 C 46457182 LINE OF CREDIT 19211896 OTHER DEFERRED COSTS 2499213 ACCUM POST-RETIREMENT OBLIGATION 1810302 CUSTOMER DEPOSITS 929754 24451165 X 91227243 91227243 91227243 85784830 85784830 5394387 5394387 91179217 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE COMPLIES WITH ASC 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COOPERATIVE ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2021, 2022 AND 2023 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. SCHEDULE D, PAGE 4, PART XII, LINE 4B 2024 MARGINS ALLOCATED TO MEMBERS 5,394,387 X X false false false RONALD L HOLCOMB PRESIDENT & CEO 448375 53500 41503 543378 JENNIFER RUFATTO CMO 277866 13111 31729 322706 JEREMY KONKLE COO 277939 33133 311072 JASON M MONROE CUSTOMER EXPERIENCE 270189 12944 810 283943 DOUGLAS L MARTIN VP, FINANCE & ADMIN 223573 31802 255375 TRAVIS L BAILEY TECHNOLOGY INNOVATIO 213379 32324 245703 JOSEPH P KLINE DIRECTOR OF OUTSIDE 162053 23000 32052 217105 CHRISTOPHER BLAISDELL SYSTEM ENGINEERING M 162389 14434 30874 207697 JANET HARLOW DIRECTOR 12901 12901 FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE REMC CONSIST OF THOSE WHO RECEIVE ELECTRICITY FROM THE CO-OP FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING DEPENDING ON THE DISTRICT THEY LIVE IN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS TO BE MADE BY THE BOARD OF DIRECTORS MUST BE APPROVED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B 990 WILL BE REIVEWED DURING A BOARD MEETING BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS THE POLICIES REGULARLY AND EMPLOYEES ARE KEPT UP TO DATE. FORM 990, PAGE 6, PART VI, LINE 15A THE ENTIRE BOARD USED A COMPENSATION STUDY OF OTHER MANAGER'S AND THE SIZE OF THEIR CO-OP. FORM 990, PAGE 6, PART VI, LINE 15B THE ENTIRE BOARD USED A COMPENSATION STUDY OF OTHER MANAGER'S AND THE SIZE OF THEIR CO-OP. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE BY MAIL TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE BY REQUEST, AND FINANCIAL STATEMENTS ARE AVAILABLE ONLINE AND AT THE ANNUAL MEETING. FORM 990, PART XI, LINE 9 2024 MARGINS ALLOCATED 5,394,387 CHANGE IN MEMBERSHIPS -2,205 NET RETIREMENT, REASSIGNMENT, RECLAMATION OF PATRO -72,626 OTHER COMPREHENSIVE INCOME/LOSS -64,543 TOTAL 5,255,013 TIPMONT HOLDING INC PO BOX 20 LINDEN IN 479550020 352080863 SUBSIDIARY IN TIPMONT RE C CORP 48026 21919823 1.00000 false false false false false false false false false false false false false false false false false false false false