Orange County Rural Electric Membership Corporation

Same As Above

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

EIN: 350561545 ✦ Orleans, IN ✦ Designated as a 501(c)(12)

Overview

What is Orange County Rural Electric Membership Corporation?

The Orange County Rural Electric Membership Corporation is a nonprofit organization based in Orleans, Indiana, with a PO Box address (PO Box 208). Their primary focus is on distributing electricity to approximately 6,300 members within a cooperative system. With a team of 61 employees, they aim to ensure the delivery of reliable electricity and services to their customers, as stated in their mission description. Their business name remains the same as given above.


Official website here: www.myremc.coop

Is Orange County Rural Electric Membership Corporation legitimate?

Orange County Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Orange County Rural Electric Membership Corporation 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: $1,131,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $504,291

For more financial information, click here


Official website here: www.myremc.coop

What is the mission statement of Orange County Rural Electric Membership Corporation?

The Orange County Rural Electric Membership Corporation is dedicated to providing reliable electricity and services to approximately 6,300 members on a cooperative basis. In essence, their mission revolves around ensuring their customers have consistent access to electricity. The corporation's primary goal is to deliver electricity to its members, operating under a cooperative model.


Official website here: www.myremc.coop

Who is the CEO of Orange County Rural Electric Membership Corporation?

Matthew Deaton is the President of Orange County Rural Electric Membership Corporation. The CEO's salary of Orange County Rural Electric Membership Corporation is $193,218 and their total compensation is $252,729.


Official website here: www.myremc.coop

What is the revenue of Orange County Rural Electric Membership Corporation?

Orange County Rural Electric Membership Corporation's revenue in 2022 was $19,475,548.


Official website here: www.myremc.coop

Who are the executives of Orange County Rural Electric Membership Corporation and what are their salaries?

The average compensation at Orange County Rural Electric Membership Corporation during 2022 was $26,819. There are 61 employees at Orange County Rural Electric Membership Corporation.

Here are 13 key members and their salaries (Orange County Rural Electric Membership Corporation's CEO's salary is $193,218 and their total compensation is $252,729):

    Matthew Deaton (General Manager/Ceo)
  • Compensation: $193,218
  • Related: $0
  • Other: $59,511

    • William Chastain (Operations Manager)
  • Compensation: $109,629
  • Related: $0
  • Other: $56,607

    • Amos Murphy (Journeyman Lineman)
  • Compensation: $111,824
  • Related: $0
  • Other: $48,588

    • Travis Thorlton (Journeyman Lineman)
  • Compensation: $108,067
  • Related: $0
  • Other: $47,229

    • Robert White (Journeyman Lineman)
  • Compensation: $112,087
  • Related: $0
  • Other: $35,921

    • John Newlin (Journeyman Lineman)
  • Compensation: $108,957
  • Related: $0
  • Other: $36,751

    • George Key (Director)
  • Compensation: $16,579
  • Related: $0
  • Other: $0

    • Brian Hawkins (Vice President) [Trustee/Director]
  • Compensation: $15,829
  • Related: $0
  • Other: $0

    • Daniel Houchin (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $14,579
  • Related: $0
  • Other: $0

    • Rodney Hager (Director)
  • Compensation: $14,579
  • Related: $0
  • Other: $0

    • Randy Roberts (President) [Trustee/Director]
  • Compensation: $14,329
  • Related: $0
  • Other: $0

    • Ben Lindsey (Director)
  • Compensation: $14,079
  • Related: $0
  • Other: $0

    • Danny Easterday (Director)
  • Compensation: $13,329
  • Related: $0
  • Other: $0


  • Official website here: www.myremc.coop

    Where can I find the form 990 for Orange County Rural Electric Membership Corporation?

    The Orange County Rural Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.myremc.coop

    Learn more at the official website: www.myremc.coop

    Mission Statement of Orange County Rural Electric Membership Corporation

    Orange County Rural Electric Membership Corporation, also known as OC REMC, is dedicated to providing reliable electricity and services to its approximately 6,300 members. The cooperative's primary activity revolves around the distribution of electricity on a cooperative basis, ensuring that every member enjoys the benefits of a stable power source.

    In simple terms, OC REMC goes beyond being just an electricity provider. Its mission is to deliver electricity that powers the daily lives of its customers while fostering a sense of community and cooperation among its members. By operating on a cooperative basis, the corporation ensures that the needs and expectations of its members remain at the forefront of its operations. This commitment to customer satisfaction is reflected in its efforts to provide reliable electricity, ensuring minimal disruptions to its members' daily routines.

    Furthermore, OC REMC is more than just a utility company. Its mission extends beyond the mere provision of electricity. The corporation strives to create a strong bond between its members by offering them a sense of belonging and a collective voice in the energy industry. This member-centric approach helps foster a sense of community and empowers its members to participate in the decision-making process, ensuring that the corporation remains responsive to their unique needs.

    In summary, Orange County Rural Electric Membership Corporation is a mission-driven organization dedicated to providing reliable electricity and fostering a sense of community among its approximately 6,300 members. By focusing on customer satisfaction and cooperation, OC REMC sets itself apart as more than just a utility provider, but a trusted partner in the daily lives of its members.

    Impact

    This information is meant to be a general summary of Orange County Rural Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Orange County Rural Electric Membership Corporation plays a crucial role in providing electricity to approximately 6,300 members on a cooperative basis. This ensures that residents in Orleans, Indiana, have access to reliable electricity and essential services. By fulfilling its mission of providing dependable electricity services, the corporation positively impacts the daily lives of its customers and contributes to the overall welfare and development of the community.





    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: $14,775
  • Program Service Revenue: $16,501,553
  • Gross Receipts: $19,475,548

    • Assets and Liabilities:
  • Total Assets: $93,979,772
  • Total Liabilities: $73,034,445
  • Net Assets: $20,945,327
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $16,501,553

    Organization Details

    Founding Year

    1937

    Principal Officer

    Matthew Deaton

    Main Address

    PO BOX 208, ORLEANS, IN, 47452

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Orange County Rural Electric Membership Corporation 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.