Boone Remc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 350188040 ✦ Lebanon in, IN ✦ Designated as a 501(c)(12)

Overview

What is Boone Remc?

Boone REMC is a nonprofit organization based in Lebanon, Indiana, dedicated to delivering energy-related services to its members. Through safe, dependable, and reasonably priced methods, they distribute electricity to their community. Their mission is to ensure the reliable provision of energy services to their members, emphasizing safety and affordability.


Official website here: www.bremc.com

Is Boone Remc legitimate?

Boone Remc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Boone Remc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,318,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,530,580

For more financial information, click here


Official website here: www.bremc.com

What is the mission statement of Boone Remc?

Boone REMC is dedicated to delivering energy-related services to its members in a secure, trustworthy, and affordably priced manner. The organization prioritizes safety and reliability in all aspects of its operations. By providing energy services, Boone REMC strives to contribute positively to the daily lives of its members. Through its commitment to offering reasonable prices, the company ensures that energy remains an accessible resource for all.


Official website here: www.bremc.com

Who is the CEO of Boone Remc?

Benjamin Duke is the Chairman of Boone Remc. The CEO's salary of Boone Remc is $303,417 and their total compensation is $472,473.


Official website here: www.bremc.com

What is the revenue of Boone Remc?

Boone Remc's revenue in 2022 was $63,135,395.


Official website here: www.bremc.com

Who are the executives of Boone Remc and what are their salaries?

The average compensation at Boone Remc during 2022 was $54,789. There are 52 employees at Boone Remc.

Here are 16 key members and their salaries (Boone Remc's CEO's salary is $303,417 and their total compensation is $472,473):

    William Conley (Ceo/President)
  • Compensation: $303,417
  • Related: $0
  • Other: $169,056

    • Jeffrey Dickerson (Vp Of Operations)
  • Compensation: $159,373
  • Related: $0
  • Other: $106,616

    • Allen Jones (Vp Of Engineering Services)
  • Compensation: $150,766
  • Related: $0
  • Other: $108,396

    • Corey Willis (Vp Of Corporate Development & Technology)
  • Compensation: $160,408
  • Related: $0
  • Other: $74,846

    • Pam Warmoth (Executive Assistant & Hr Coordinator)
  • Compensation: $121,793
  • Related: $0
  • Other: $94,008

    • Benjamin Duke (Acting Cfo/Vp Of Corporate Services)
  • Compensation: $150,064
  • Related: $0
  • Other: $47,988

    • Robert Hawkins (Line Superintendent)
  • Compensation: $118,812
  • Related: $0
  • Other: $65,088

    • Noel Kendall (Chairman) [Trustee/Director]
  • Compensation: $24,560
  • Related: $0
  • Other: $0

    • Mark Gruninger (Secretary/Treasesurer) [Trustee/Director]
  • Compensation: $19,560
  • Related: $0
  • Other: $0

    • Jon Stevens (Director)
  • Compensation: $18,960
  • Related: $0
  • Other: $0

    • Alan Cragun (Director)
  • Compensation: $16,560
  • Related: $0
  • Other: $0

    • Thomas Dull (Vice-Chairman) [Trustee/Director]
  • Compensation: $15,360
  • Related: $0
  • Other: $0

    • Bruce Guernsey (Director)
  • Compensation: $15,360
  • Related: $0
  • Other: $0

    • G Tom Taylor (Director)
  • Compensation: $15,360
  • Related: $0
  • Other: $0

    • Danny Lawson (Director)
  • Compensation: $14,510
  • Related: $0
  • Other: $0

    • Mark Starkey (Director)
  • Compensation: $13,560
  • Related: $0
  • Other: $0


  • Official website here: www.bremc.com

    Where can I find the form 990 for Boone Remc?

    The Boone Remc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bremc.com

    Learn more at the official website: www.bremc.com

    Mission Statement of Boone Remc

    Boone Remc, a dedicated nonprofit organization, is committed to delivering energy-related services to its members in a safe, dependable, and reasonably priced manner. The heart of Boone Remc's mission lies in ensuring the well-being of its community by providing essential energy services in a responsible way.

    Boone Remc's unwavering goal is to make a positive impact on people's lives by ensuring their energy needs are met consistently and at a fair price. Through various energy programs, the organization distributes electricity to its members, enhancing their daily lives and contributing to their overall well-being. The team at Boone Remc understands the importance of a reliable energy supply and works diligently to maintain and upgrade their services to meet the evolving needs of their clientele.

    Moreover, Boone Remc prioritizes the safety of its members above all else. By adhering to the highest safety standards, the organization ensures that the delivery and usage of energy services are not only efficient but also secure for its members. The team's dedication to safety extends beyond energy distribution, as they are always proactive in addressing concerns and educating their members on energy safety practices.

    Boone Remc's commitment to its members goes beyond just providing energy services. The organization strives to build a strong, resilient community by fostering trust and reliability in its relationships. Through a customer-centric approach, Boone Remc prides itself on its ability to connect with its members, understand their needs, and respond in a timely and effective manner. This unwavering dedication to its mission has made Boone Remc an integral and valued part of the energy landscape in the communities it serves.

    Impact

    This information is meant to be a general summary of Boone Remc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Boone Remc's impact lies in providing its members with essential energy-related services in a safe, dependable, and cost-effective manner. By distributing electricity through various programs from its location in Lebanon, IN, Boone Remc plays a crucial role in ensuring the community's access to reliable power sources. This ensures that residents have the necessary energy resources to power their homes and businesses, contributing to the overall well-being and functionality of the local area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-3,302
  • Program Service Revenue: $62,007,017
  • Gross Receipts: $63,236,415

    • Assets and Liabilities:
  • Total Assets: $159,678,788
  • Total Liabilities: $98,225,048
  • Net Assets: $61,453,740
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROG.SERV.REVENUE-RELATED-990

    Revenue

    $62,007,017

    Organization Details

    Founding Year

    1936

    Principal Officer

    Benjamin Duke

    Main Address

    PO BOX 563, LEBANON IN, IN, 46052

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Boone Remc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.