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Rushshelby Energy Rural Electric Membership Corporation

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

EIN: 352068789 ✦ Manilla, IN ✦ Designated as a 501(c)(12)

Overview

What is Rushshelby Energy Rural Electric Membership Corporation?

Rushshelby Energy Rural Electric Membership Corporation is a nonprofit organization that specializes in distributing electricity and related services to its rural members. Through their cooperative mission, they provide sales of electricity and necessary equipment to ensure efficient energy usage. Their primary focus lies in serving the needs of rural communities.


Official website here: www.rse.coop

Is Rushshelby Energy Rural Electric Membership Corporation legitimate?

Rushshelby Energy Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rushshelby Energy 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: $1,626,863
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,071,127

For more financial information, click here


Official website here: www.rse.coop

What is the mission statement of Rushshelby Energy Rural Electric Membership Corporation?

Rushshelby Energy Rural Electric Membership Corporation serves as a distribution cooperative, delivering electricity and essential services to its rural members. The cooperative's primary mission revolves around providing electricity sales and related equipment, ensuring the communities it serves remain connected and powered. The organization's focus is on catering to the unique needs of rural customers through its distribution electric cooperative mission. By delivering electricity and services, Rushshelby Energy contributes to enhancing the quality of life for its members and fostering sustainable development in rural areas. Additionally, the cooperative is dedicated to maintaining a strong commitment to its members, prioritizing their needs and ensuring their access to reliable energy solutions.


Official website here: www.rse.coop

Who is the CEO of Rushshelby Energy Rural Electric Membership Corporation?

Sam Kinder is the Principal Officer of Rushshelby Energy Rural Electric Membership Corporation. The CEO's salary of Rushshelby Energy Rural Electric Membership Corporation is $195,079 and their total compensation is $284,758.


Official website here: www.rse.coop

What is the revenue of Rushshelby Energy Rural Electric Membership Corporation?

Rushshelby Energy Rural Electric Membership Corporation's revenue in 2022 was $51,641,871.


Official website here: www.rse.coop

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

The average compensation at Rushshelby Energy Rural Electric Membership Corporation during 2022 was $49,963. There are 54 employees at Rushshelby Energy Rural Electric Membership Corporation.

Here are 16 key members and their salaries (Rushshelby Energy Rural Electric Membership Corporation's CEO's salary is $195,079 and their total compensation is $284,758):

    Chris Chastain (Ceo)
  • Compensation: $195,079
  • Related: $0
  • Other: $89,679

    • Tony Adkins (Journeyman Lineman (Serviceman))
  • Compensation: $156,484
  • Related: $0
  • Other: $62,710

    • Linda Hood (Cfo)
  • Compensation: $132,976
  • Related: $0
  • Other: $84,180

    • David Toll (Vp Administration & Member Management)
  • Compensation: $135,611
  • Related: $0
  • Other: $80,638

    • Brad Means (Vp Operations)
  • Compensation: $132,699
  • Related: $0
  • Other: $74,524

    • Greg File (Journeyman Lineman (Foreman))
  • Compensation: $127,328
  • Related: $0
  • Other: $74,005

    • Cameron Cox (Journeyman Lineman)
  • Compensation: $128,506
  • Related: $0
  • Other: $46,394

    • Charlie Smith (President) [Trustee/Director]
  • Compensation: $15,200
  • Related: $0
  • Other: $0

    • Dean Bacon (Vice President) [Trustee/Director]
  • Compensation: $12,350
  • Related: $0
  • Other: $0

    • Ann Sipes (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Mark Nigh (Director)
  • Compensation: $11,500
  • Related: $0
  • Other: $0

    • Keith Theobald (Director)
  • Compensation: $11,400
  • Related: $0
  • Other: $0

    • Bruce Everhart (Treasurer) [Trustee/Director]
  • Compensation: $11,150
  • Related: $0
  • Other: $0

    • Jill Koch (Secretary) [Trustee/Director]
  • Compensation: $11,050
  • Related: $0
  • Other: $0

    • Robert Stroup (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • Fred Smith (Director)
  • Compensation: $10,400
  • Related: $0
  • Other: $0


  • Official website here: www.rse.coop

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

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


    Official website here: www.rse.coop

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

    Mission Statement of Rushshelby Energy Rural Electric Membership Corporation

    Rushshelby Energy, a distribution electric cooperative, is dedicated to providing electricity and essential services to the members of its rural electric membership cooperative. This nonprofit organization's primary mission is to distribute electricity and related equipment, ensuring access to this essential resource for those living in rural areas.

    At the heart of Rushshelby Energy's mission lies its commitment to serving its members. As a cooperative, the organization is member-owned and operated, with a deep-rooted focus on community and connection. By supplying electricity and necessary services, Rushshelby Energy empowers its members to build and maintain their homes, farms, and businesses.

    Rushshelby Energy's programs are tailored to meet the unique needs of rural customers. Through its distribution electric cooperative mission, the organization not only delivers electricity but also strives to ensure that its members receive reliable and efficient services. This commitment to excellence is what sets Rushshelby Energy apart, making it an indispensable partner in the lives of those it serves.

    Impact

    This information is meant to be a general summary of Rushshelby Energy 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

    Rushshelby Energy Rural Electric Membership Corporation plays a crucial role in providing electricity and related services to its rural members. By operating as a distribution electric cooperative, Rushshelby Energy ensures that individuals in rural areas have access to essential electricity resources. This support helps improve the quality of life for rural residents by enabling them to power their homes, businesses, and community facilities. Rushshelby Energy's focus on serving rural customers reflects their commitment to bridging the energy gap in these underserved areas and contributing to their overall development and growth.





    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: $65,875
  • Program Service Revenue: $50,255,260
  • Gross Receipts: $51,809,089

    • Assets and Liabilities:
  • Total Assets: $106,961,014
  • Total Liabilities: $57,584,673
  • Net Assets: $49,376,341
  • Programs

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

    ELECTRIC SALES

    Revenue

    $49,875,758

    PENALTIES AND MISC REVENUE

    Revenue

    $379,502

    Organization Details

    Founding Year

    1999

    Principal Officer

    Sam Kinder

    Main Address

    2777 S 840 W, MANILLA, IN, 46150

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Rushshelby Energy 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.