Northeastern Rural Electric Membership Corporation

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

EIN: 350756490 ✦ Columbia city, IN ✦ Designated as a 501(c)(12)

Overview

What is Northeastern Rural Electric Membership Corporation?

Northeastern Rural Electric Membership Corporation is a cooperative based in Columbia City, Indiana. Their primary mission is to provide electricity to rural communities in six Indiana counties, including Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. This nonprofit electric distribution organization is dedicated to delivering essential power to the residents of these counties. Their focus is strictly on electricity distribution and serving the rural population in these regions.


Official website here: www.nremc.com

Is Northeastern Rural Electric Membership Corporation legitimate?

Northeastern Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northeastern 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: $585,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,630,545

For more financial information, click here


Official website here: www.nremc.com

What is the mission statement of Northeastern Rural Electric Membership Corporation?

Northeastern Rural Electric Membership Corporation is dedicated to delivering electricity to residents in rural areas of six Indiana counties: Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. The corporation focuses primarily on the distribution of electricity to ensure that communities in these areas have access to this essential resource. The mission of Northeastern Rural Electric Membership Corporation is to provide reliable electricity to its members, ensuring their homes and businesses have the power they need to thrive. The cooperative is committed to delivering affordable electricity while maintaining a strong commitment to customer service and community engagement. The corporation's dedicated team of professionals works tirelessly to maintain and upgrade the electrical infrastructure, ensuring that power is delivered efficiently and safely to every member. Northeastern Rural Electric Membership Corporation is a vital resource for the communities it serves, providing the foundation for economic growth, educational opportunities, and improved quality of life.


Official website here: www.nremc.com

Who is the CEO of Northeastern Rural Electric Membership Corporation?

Eric Jung is the President & of Northeastern Rural Electric Membership Corporation.


Official website here: www.nremc.com

What is the revenue of Northeastern Rural Electric Membership Corporation?

Northeastern Rural Electric Membership Corporation's revenue in 2022 was $148,636,885.


Official website here: www.nremc.com

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

The average compensation at Northeastern Rural Electric Membership Corporation during 2022 was $82,940. There are 87 employees at Northeastern Rural Electric Membership Corporation.

Here are 14 key members and their salaries:

    Eric Jung (President &)
  • Compensation: $336,170
  • Related: $0
  • Other: $96,190

    • James Eitsert (Vp Distribut)
  • Compensation: $179,984
  • Related: $0
  • Other: $51,246

    • Audra Uher (Cfo)
  • Compensation: $161,420
  • Related: $0
  • Other: $59,042

    • Jaime Walker (Vp Member Se)
  • Compensation: $143,985
  • Related: $0
  • Other: $63,253

    • Scott I Snyder (Line Foreman)
  • Compensation: $145,413
  • Related: $0
  • Other: $47,985

    • Ingrid Tippmann Nicholson (Secretary) [Trustee/Director]
  • Compensation: $21,800
  • Related: $0
  • Other: $0

    • Joseph Kruyer (Board Member) [Trustee/Director]
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Robert Higgins (Chair) [Trustee/Director]
  • Compensation: $21,200
  • Related: $0
  • Other: $0

    • Cathy Egolf (Board Member) [Trustee/Director]
  • Compensation: $17,150
  • Related: $0
  • Other: $0

    • Jeremy Mcclish (Board Member) [Trustee/Director]
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Douglas Schrader (V. Chair) [Trustee/Director]
  • Compensation: $16,600
  • Related: $200
  • Other: $0

    • Erik Linnemeier (Board Member) [Trustee/Director]
  • Compensation: $16,400
  • Related: $0
  • Other: $0

    • Thomas Western (Treasurer) [Trustee/Director]
  • Compensation: $15,300
  • Related: $200
  • Other: $0

    • Gary Gorrell (Board Member) [Trustee/Director]
  • Compensation: $5,800
  • Related: $0
  • Other: $0


  • Official website here: www.nremc.com

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

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


    Official website here: www.nremc.com

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

    Mission Statement of Northeastern Rural Electric Membership Corporation

    Northeastern Rural Electric Membership Corporation, a Cooperative based in Indiana, is dedicated to delivering electricity to rural communities in six counties: Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. Their primary focus lies in the distribution of electrical power, ensuring that residents in these areas have access to reliable and essential energy services. By doing so, they enhance the quality of life and support the economic development of the communities they serve. Through their commitment to electricity distribution, Northeastern Rural Electric Membership Corporation plays a pivotal role in enabling rural households and businesses to thrive.

    Impact

    This information is meant to be a general summary of Northeastern 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

    Northeastern Rural Electric Membership Corporation's impact is significant in providing electricity to rural customers in parts of six Indiana counties. By distributing electricity to areas in Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko counties, they play a vital role in ensuring that residents have access to essential power services. Their programs primarily focus on the distribution of electricity, which is crucial for households, businesses, and communities to function effectively. Through their efforts, Northeastern Rural Electric Membership Corporation contributes to the economic development and quality of life in these rural areas.





    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: $175,776
  • Program Service Revenue: $147,866,391
  • Gross Receipts: $148,667,397

    • Assets and Liabilities:
  • Total Assets: $169,828,960
  • Total Liabilities: $106,072,973
  • Net Assets: $63,755,987
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $147,866,391

    Organization Details

    Founding Year

    1936

    Principal Officer

    Eric Jung

    Main Address

    4901 EAST PARK 30 DRIVE, COLUMBIA CITY, IN, 46725

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Northeastern 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.