MIAMI-CASS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2024
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- Organization
- MIAMI-CASS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION (EIN 35-0512035)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-20
- IRS object ID
- 202532939349300503
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-20T06:54:22-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363163136 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LWG CPAS & ADVISORS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST OHIO ST STE 1401 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 350512035 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIAMI-CASS COUNTY RURAL ELECTRIC | BusinessNameLine1Txt |
| Business Name Line2 | MEMBERSHIP CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MIAM | BusinessNameControlTxt |
| Phone | 7654736668 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 168 | AddressLine1Txt |
| City | PERU | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46970 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROB SCHWARTZ | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7654736668 | PhoneNum |
| Signature | 2025-10-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN D CHERRY | PreparerPersonNm |
| PTIN | P01355823 | PTIN |
| Phone | 3176344747 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIAMI-CASS REMC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROB SCHWARTZ | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 168 | AddressLine1Txt |
| City | PERU | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46970 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,678,356 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.MCREMC.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE DEPENDABLE ELECTRICITY FOR OUR MEMBERS AT REASONABLE COSTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 29 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,997,281 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,646,660 | CYProgramServiceRevenueAmt |
| PY Investment Income | $126,088 | PYInvestmentIncomeAmt |
| CY Investment Income | $70,428 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,576,294 | PYOtherRevenueAmt |
| CY Other Revenue | $1,951,541 | CYOtherRevenueAmt |
| PY Total Revenue | $21,699,663 | PYTotalRevenueAmt |
| CY Total Revenue | $22,668,629 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,330,864 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,016,100 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,547,740 | PYOtherExpensesAmt |
| CY Other Expenses | $21,304,076 | CYOtherExpensesAmt |
| PY Total Expenses | $20,878,604 | PYTotalExpensesAmt |
| CY Total Expenses | $22,320,176 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $821,059 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $348,453 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $66,492,475 | TotalAssetsBOYAmt |
| Total Assets EOY | $97,879,098 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $40,819,838 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $74,592,536 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,672,637 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,286,562 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE DEPENDABLE ELECTRICITY FOR OUR MEMBERS AT A REASONABLE COST. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 29 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Members And Shr Gross Income | $20,646,660 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $589,218 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDRIA TOMPKINS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7654736668 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3086 W 100 N | AddressLine1Txt |
| City | PERU | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46970 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JIM SAVAGE | |||||||
| PRESIDENT | 1.95 | Yes (X) | Yes (X) | $14,946 | $0 | $0 | |
| TODD SMITH | |||||||
| VICE PRESIDENT | 3.36 | Yes (X) | Yes (X) | $13,667 | $0 | $0 | |
| CINDY SCOTT | |||||||
| SECRETARY/TREASURER | 1.59 | Yes (X) | Yes (X) | $13,855 | $0 | $0 | |
| TONY CALDWELL | |||||||
| DIRECTOR | 2.22 | Yes (X) | $13,399 | $0 | $0 | ||
| MARK HAHN | |||||||
| DIRECTOR | 2.13 | Yes (X) | $12,960 | $0 | $0 | ||
| SCOTT MARSCHAND | |||||||
| DIRECTOR | 5.26 | Yes (X) | $14,085 | $0 | $0 | ||
| DONALD WILLSON | |||||||
| DIRECTOR | 1.85 | Yes (X) | $12,960 | $0 | $0 | ||
| ROB SCHWARTZ | |||||||
| CEO | 40.00 | Yes (X) | $255,000 | $0 | $95,261 | ||
| BRANDON WILLIAMS | |||||||
| DIRECTOR OF OPERATIONS | 40.00 | $138,000 | $0 | $60,049 | Yes (X) | ||
| KOLBIE COX | |||||||
| JOURNEYMAN LINEMAN | 40.00 | $138,972 | $0 | $49,985 | Yes (X) | ||
| MATT MAVRICK | |||||||
| DIRECTOR OF IT | 40.00 | $128,211 | $0 | $42,885 | Yes (X) | ||
| GARY ROWE | |||||||
| LINE SUPERINTENDENT | 40.00 | $118,221 | $0 | $51,738 | Yes (X) | ||
| SHAWN DUNNAGAN | |||||||
| JOURNEYMAN LINEMAN | 40.00 | $119,575 | $0 | $49,620 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $993,851 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $349,538 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| QC COMMUNICATIONS INC | |||||
| 7925 W 100 S | WABASH | IN | 46970 | TRENCHING & FIBER INSTALLATION | $11,907,655 |
| BERRY-IT INC | |||||
| 225 W 450 W | KOKOMO | IN | 46901 | TRENCHING & FIBER INSTALLATION | $4,224,158 |
| OCM | |||||
| 1728 CHURCHMAN AVE | INDIANAPOLIS | IN | 46203 | ENGINEERING | $3,660,009 |
| MINT CITY UTILITY SERVICES LLC | |||||
| 6329 ELM RD | BREMEN | IN | 46506 | ROW SERVICES | $519,486 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RESIDENTIAL SALES | 221000 | $12,051,099 | $12,051,099 |
| COMMERCIAL AND INDUSTRIAL SALES | 221000 | $7,365,250 | $7,365,250 |
| SALES TO PUBLIC BUILDINGS | 221000 | $1,110,221 | $1,110,221 |
| FORFEITED DISCOUNTS | 221000 | $56,267 | $56,267 |
| MISCELLANEOUS ELETRIC REVENUES | 221000 | $29,320 | $29,320 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,503 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,503 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,646,660 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,155 | TotalRevenueColumnAmt |
| Exclusion | $80,155 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $9,727 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$9,727 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$9,727 | TotalRevenueColumnAmt |
| Exclusion | -$9,727 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| PATRONAGE CAPITAL REVENUE | 900001 | $700,990 | $700,990 | |
| RENTAL REVENUE | 531120 | $647,293 | $647,293 | |
| OTHER REVENUE | 221000 | $471,951 | $471,951 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $131,307 | TotalRevenueColumnAmt |
| Exclusion | $131,307 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,951,541 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,668,629 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $21,347,650 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,320,979 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $446,133 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,552 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,415 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,311,249 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,265,399 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $13,684,138 |
| MAINTENANCE EXPENSE | $1,254,267 |
| GENERAL AND ADMINISTRAT | $672,479 |
| OPERATIONS EXPENSE | $622,303 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $494,241 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,320,176 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,506,744 | BOYAmt |
| EOY | $1,438,013 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,063 | BOYAmt |
| EOY | $5,074 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,272,304 | BOYAmt |
| EOY | $2,519,553 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,992,382 | BOYAmt |
| EOY | $1,837,256 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $477,655 | BOYAmt |
| EOY | $491,383 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,584,194 | BOYAmt |
| EOY | $20,981,545 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $77,963,577 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,106,738 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,363,629 | BOYAmt |
| EOY | $55,856,839 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,287,264 | BOYAmt |
| EOY | $14,746,180 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,240 | BOYAmt |
| EOY | $3,255 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,492,475 | BOYAmt |
| EOY | $97,879,098 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,534,314 | BOYAmt |
| EOY | $11,077,224 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,799,190 | BOYAmt |
| EOY | $56,709,310 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,486,334 | BOYAmt |
| EOY | $6,806,002 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,819,838 | BOYAmt |
| EOY | $74,592,536 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,400 | BOYAmt |
| EOY | $165,730 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,517,237 | BOYAmt |
| EOY | $23,120,832 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,672,637 | BOYAmt |
| EOY | $23,286,562 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,492,475 | BOYAmt |
| EOY | $97,879,098 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $348,453 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$2,734,528 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $3,000 | PoliticalExpendituresAmt |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IEC STATE PAC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11805 PENNSYLVANIA ST | AddressLine1Txt |
| City | CARMEL | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46032 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 351499808 | EIN |
| Paid Internal Funds | $3,000 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | CASH CONTRIBUTIONS TO INDIANA STATE PAC | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,766 | OtherCostOrOtherBasisAmt |
| Book Value | $43,766 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,133,004 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,038,710 | DepreciationAmt |
| Book Value | $1,094,294 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $75,786,807 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,068,028 | DepreciationAmt |
| Book Value | $54,718,779 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $55,856,839 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (12 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| G&T CAPITAL | $6,389,749 | F |
| SUBSIDIARY COMPANIES | $7,123,033 | F |
| CTC | $307,715 | F |
| CFC | $323,799 | F |
| INDIANA STATEWIDE | $68,874 | F |
| FEDERATED | $93,326 | F |
| UUS | $74,364 | F |
| NISC | $84,992 | F |
| NRTC | $4,031 | F |
| COBANK | $1,000 | F |
| CRC CAPITAL CREDITS | $3,795 | F |
| ACCORD TELECOMMUNICATIONS | $271,502 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $14,746,180 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED CREDITS | Desc |
| Amt | $6,806,002 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,806,002 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROB SCHWARTZ | ||||||||||||||
| CEO | $255,000 | $0 | $0 | $0 | $0 | $0 | $65,127 | $0 | $30,134 | $0 | $350,261 | $0 | $0 | $0 |
| BRANDON WILLIAMS | ||||||||||||||
| DIRECTOR OF OPERATIONS | $138,000 | $0 | $0 | $0 | $0 | $0 | $33,655 | $0 | $26,394 | $0 | $198,049 | $0 | $0 | $0 |
| KOLBIE COX | ||||||||||||||
| JOURNEYMAN LINEMAN | $104,394 | $0 | $0 | $0 | $34,578 | $0 | $24,599 | $0 | $25,386 | $0 | $188,957 | $0 | $0 | $0 |
| MATT MAVRICK | ||||||||||||||
| DIRECTOR OF IT | $123,211 | $0 | $0 | $0 | $5,000 | $0 | $28,158 | $0 | $14,727 | $0 | $171,096 | $0 | $0 | $0 |
| GARY ROWE | ||||||||||||||
| LINE SUPERINTENDENT | $107,382 | $0 | $0 | $0 | $10,839 | $0 | $26,133 | $0 | $25,605 | $0 | $169,959 | $0 | $0 | $0 |
| SHAWN DUNNAGAN | ||||||||||||||
| JOURNEYMAN LINEMAN | $96,642 | $0 | $0 | $0 | $22,933 | $0 | $24,364 | $0 | $25,256 | $0 | $169,195 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JIM SAVAGE | |||
| BOARD MEMBER | $13,689,737 | MIAMI-CASS COUNTY REMC HAS A COMMITTMENT TO PURCHASE POWER FROM WABASH VALLEY POWER ASSOCIATION (WVPA), WHICH IS A TAXABLE COOPERATIVE ENTITY. MR. SAVAGE SITS ON THE BOARD OF DIRECTORS OF WVPA. | 0 |
| TODD SMITH | |||
| BOARD MEMBER | $212,339 | MIAMI-CASS COUNTY REMC MAKES PAYMENTS TO INDIANA ELECTRIC COOPERATIVES (IEC) FOR DUES FEES, TRAINING, AND OTHER SERVICES. MR. SMITH SITS ON THE BOARD OF DIRECTORS OF IEC. | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ALL ENTITIES AND INDIVIDUALS PURCHASING ELECTRIC POWER ARE MEMBERS OF THE REMC. MEMBERS MUST RESIDE WITHIN THE SERVICE AREA. |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER HAS THE RIGHT TO ONE VOTE ON EACH MATTER SUBMITTED TO VOTE AT THE MEETING OF THE MEMBERS, INCLUDING ELECTION OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | OFFICERS OF THE REMC SHALL SUBMIT AT EACH ANNUAL MEETING REPORTS COVERING THE BUSINESS OF THE CORPORATION FOR THE PAST FISCAL YEAR. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS BY THE INDEPENDENT AUDITOR PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | DIRECTORS AND CEO SIGN ANNUAL COMPLIANCE STATEMENTS. PERIODIC REVIEWS ARE HELD AS NEEDED FOR ITEMS NOTED IN THE POLICY. |
| FORM 990, PART VI, SECTION C, LINE 19 | BYLAWS ARE AVAILABLE ON THE WEBSITE. FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL MEETING ADDITION OF THE ELECTRIC CONSUMER MAGAZINE. THIS INFORMATION IS ALSO AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN MEMBERSHIPS -430. RETIREMENT CAPITAL CREDITS -103,456. EQUITY FROM SUBSIDIARY -2,630,642. |