2025-10-13T09:12:48-05:00 2024-12-31 990 2024-01-01 350424700 Johnson County Rural Electric Membership Corporation % John Sturm JOHN 3177366174 750 International Drive Franklin IN 46131 JOHN STURM CEO 3177366174 2025-10-13 true 2024 2025-03-06 01:10:19Z JCREMC John Sturm 750 International Dr Franklin IN 46131 76773794 false X www.jcremc.com X 1936 IN To safely and efficiently provide reliable electric services for the community 7 6 78 0 0 0 71079321 74033350 575534 558970 1724298 2061619 73379153 76653939 0 0 6625003 6514882 0 0 63643554 67321138 70268557 73836020 3110596 2817919 179762305 202674247 81408918 103643938 98353387 99030309 To safely and efficiently provide reliable electric services for the community. false false 73836020 75569897 Distribution of electricity 73836020 false false true false false false false false false false true false true true 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 46 0 true 78 true false false false false false 74033350 2620589 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 43.20 5.00 X 381584 0 100311 TERRY MILLER VP of Finance 43.40 5.00 X 202830 0 102572 KEVIN SHELLEY VP of Engineering 42.50 0.00 X 183513 0 64780 NICK STAINBROOK Director of Operations 42.80 0.00 X 156639 0 63653 SHAWN FRYE Director of Technology 41.80 0.00 X 144412 0 56263 STEVEN STOUT Journeyman Lineman 49.60 0.00 X 143823 0 34199 DANIEL CORTHELL Journeyman Lineman 47.70 0.00 X 134260 0 37063 SAMUEL WOOD Journeyman Lineman 49.40 0.00 X 138976 0 17131 SETH BROWN SecretaryTreasurer 8.00 0.20 X 30350 7700 0 STEPHEN WATSON Vice President 5.50 0.30 X 28277 7700 0 LEE ANN WILBUR President 5.90 0.30 X 26211 7700 0 RONALD BARNETT Board of Director 6.60 0.30 X 24050 7700 0 DENNIS STEWART Board of Director 3.00 0.30 X 23450 7700 0 JAMIE MEREDITH Board of Director 5.80 0.10 X 22950 7700 0 GLENN MCALPIN Board of Director 4.10 0.20 X 22300 7700 0 1663625 53900 475972 29 false true false Stella Energy Solutions 9595 Six Pines Dr Ste 8210 The Woodlands TX 77380 Distributed Energy 12272122 Hoosier Edison Line Co 4301 N 800 W Sharpsville IN 46068 Utility line contractor 2549661 G&G Underground Const 1150 Graham St Franklin IN 46131 Utility line construction 1447358 Asplundh Tree Expert LLC PO Box 532729 Atlanta GA 30353 Tree trimming 934403 Mark It Right LLC PO Box 309 Danville IN 46122 Utility locating 711986 22 Electricity distribution 221000 73747258 73747258 Penaltiesservice charges 221000 286092 286092 74033350 539845 539845 186600 186600 186600 32150 13025 19125 19125 0 107939 106830 1109 Patronage capital 900001 1605277 1605277 Patronage capital assoc 900001 -68730 -68730 337363 337363 1873910 76653939 75569897 0 877208 762002 4011513 990501 235523 515343 430080 19090 8938 251739 79312 536116 526853 62947 128738 3085689 237585 5106045 53849 purchased power 51823527 line operation & maint 4398226 taxes 484384 meter reading 88020 73836020 0 0 0 8040 12836 1848449 2423522 10735260 12733952 13525893 16704466 10583500 9558921 103677 134441 154885446 35970363 113682609 118915083 29274877 29828195 12362831 179762305 202674247 13210348 13205999 63405889 86067530 4792681 4370409 81408918 103643938 X 98353387 99030309 98353387 99030309 179762305 202674247 X 2817919 -2140998 X false true X true false 8938 true Indiana Electric Cooperati 11805 Pennsylvania St Carmel IN 46032 6938 Indiana FORE 11805 Pennsylvania St Carmel IN 46032 2000 497724 497724 152477122 35970363 116506759 1910600 1910600 118915083 patronage cap Hoosier 25424565 F patronage cap NRUCFC 852156 F capital term certificate 510118 F Inv Bank for Cooperative 6655 F Inv Indiana Electric Coop 115611 F Inv NISC 229475 F Inv Assoc Organizations 2806 F Inv in Subsidiaries 2686809 F 29828195 deferred debits 12362831 12362831 accum. provision pension 2931685 obligation capital leases 857757 construction advances 530967 regulatory liability 50000 4370409 76653939 76653939 76653939 73836020 73836020 73836020 X false false false JOHN STURM CEO 350984 30000 600 73149 27162 481895 TERRY MILLER VP of Finance 184623 6000 12207 76759 25813 305402 KEVIN SHELLEY VP of Engineering 173379 6000 4134 39078 25702 248293 NICK STAINBROOK Director of Operations 147007 9632 38210 25443 220292 SHAWN FRYE Director of Technology 133177 11235 30952 25311 200675 STEVEN STOUT Journeyman Lineman 140253 3570 9336 24863 178022 SAMUEL WOOD Journeyman Lineman 138376 600 4936 12195 156107 DANIEL CORTHELL Journeyman Lineman 133660 600 12200 24863 171323 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 the website. Our Part VI Line 19 financial statements are available upon request. Part XI Line 9 The ($2,140,998), other changes in net assets consists of two items. The Part XI Line 9 first is a negative $1,703,532. This number consists of a retirement of Part XI Line 9 patronage captial in the amount of $2,852,457, an increase in fund balances Part XI Line 9 of $1,173,049, due to unclaimed patronage capital brought back into other Part XI Line 9 fund balances and a payout of $24,124 in unclaimed patronage capital that Part XI Line 9 decreased other fund balances during the year. The second item consists Part XI Line 9 a $437,466 increase in the market adjustment valuation of our post Part XI Line 9 retirement benefits. Our post retirement benefits is determined by an Part XI Line 9 acturaial 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 of 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 82900 3805841 1.00000 false Rural Utility Economic Development Corporation 750 International Dr Franklin IN 46131 351989503 Back-Up Generator IN Effective Systems C corp 40000 3620 1.00000 false Effective Systems Fiber Network 750 International Dr Franklin IN 46131 451619463 Data Communications IN Effective Systems C corp 3163385 23193893 1.00000 false true true false true false false true false false false false false false false true false true false false Effective Systems Q 40500 reimbures JCREMC for exp Rural Utility Economic Development Corporation B 40000 grant Effective Systems Fiber Network A 378649 interest D 4032744 loan Franklin G 4032744 book value of assets O 705542 actual costs