Heartland Rural Electric Membership Corporation

Heartland Remc

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

EIN: 471911282 ✦ Markle, IN ✦ Designated as a 501(c)(12)

Overview

What is Heartland Rural Electric Membership Corporation?

Heartland Rural Electric Membership Corporation, also known as Heartland REMC, is a nonprofit organization based in Markle, Indiana. With a team of 60 employees, their primary mission is to distribute electricity and internet fiber to rural customers. They sell both electricity and broadband internet services to members of the corporation. This community-focused organization provides essential utilities to its members, ensuring they have access to reliable energy and internet services.


Official website here: www.heartlandremc.com

Is Heartland Rural Electric Membership Corporation legitimate?

Heartland Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Heartland 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: $633,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,862,808

For more financial information, click here


Official website here: www.heartlandremc.com

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

Heartland Rural Electric Membership Corporation is dedicated to providing essential electric and broadband internet services to its membership base. Through the sale of electricity and internet fiber, the corporation ensures that rural communities have access to these crucial modern conveniences. The organization's primary focus lies in the distribution of electricity and high-speed internet to rural customers, enhancing their quality of life and connectivity. By offering these services, Heartland Rural Electric Membership Corporation significantly contributes to the improvement of daily life experiences for its members.


Official website here: www.heartlandremc.com

Who is the CEO of Heartland Rural Electric Membership Corporation?

Gene Lahr is the C.E.O. of Heartland Rural Electric Membership Corporation.


Official website here: www.heartlandremc.com

What is the revenue of Heartland Rural Electric Membership Corporation?

Heartland Rural Electric Membership Corporation's revenue in 2022 was $27,240,056.


Official website here: www.heartlandremc.com

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

The average compensation at Heartland Rural Electric Membership Corporation during 2022 was $74,944. There are 60 employees at Heartland Rural Electric Membership Corporation.

Here are 19 key members and their salaries:

    Robert Pearson (C.E.O.)
  • Compensation: $283,503
  • Related: $0
  • Other: $69,845

    • Colt Burnau (Vp Engineering & Office Services)
  • Compensation: $189,709
  • Related: $0
  • Other: $58,529

    • Gene Lahr (Finance Manager)
  • Compensation: $138,457
  • Related: $0
  • Other: $44,036

    • Mike Kelsey (Operations Manager)
  • Compensation: $120,620
  • Related: $0
  • Other: $48,092

    • Brad Couch (1St Class Lineman)
  • Compensation: $118,632
  • Related: $0
  • Other: $44,333

    • Donald Bauer (1St Class Lineman)
  • Compensation: $118,035
  • Related: $0
  • Other: $44,191

    • Brady Miller (1St Class Lineman)
  • Compensation: $123,665
  • Related: $0
  • Other: $29,666

    • Alan Schlagenhauf (Director)
  • Compensation: $16,070
  • Related: $9,900
  • Other: $0

    • Doug Wilcox (President Of Board) [Trustee/Director]
  • Compensation: $20,565
  • Related: $0
  • Other: $0

    • Laura Cole (Assistant Secretary - Treasurer Of Board) [Trustee/Director]
  • Compensation: $19,195
  • Related: $0
  • Other: $0

    • Mathew Quickery (Vice President Of Board) [Trustee/Director]
  • Compensation: $18,650
  • Related: $0
  • Other: $0

    • Jason Dawes (Secretary - Treasurer Of Board) [Trustee/Director]
  • Compensation: $18,020
  • Related: $0
  • Other: $0

    • Joh Smith (Director)
  • Compensation: $17,970
  • Related: $0
  • Other: $0

    • D'Ann Stouffer (Director)
  • Compensation: $17,320
  • Related: $0
  • Other: $0

    • Adam Fusselman (Director)
  • Compensation: $17,320
  • Related: $0
  • Other: $0

    • Ralph Keefer (Director)
  • Compensation: $17,070
  • Related: $0
  • Other: $0

    • Robert Hippensteel (Director)
  • Compensation: $16,570
  • Related: $0
  • Other: $0

    • Ted Martz (Director)
  • Compensation: $16,570
  • Related: $0
  • Other: $0

    • Alan Amick (Director)
  • Compensation: $16,570
  • Related: $0
  • Other: $0


  • Official website here: www.heartlandremc.com

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

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


    Official website here: www.heartlandremc.com

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

    Mission Statement of Heartland Rural Electric Membership Corporation

    Heartland Rural Electric Membership Corporation, with its mission at heart, focuses on providing essential electric and broadband internet services to its rural members. This nonprofit organization is dedicated to ensuring that its members have access to these necessities, enhancing their overall quality of life. Through its sales of electricity and broadband internet, Heartland Rural Electric Membership Corporation plays a pivotal role in connecting and empowering rural communities.

    Heartland Rural Electric Membership Corporation's primary activity revolves around the distribution of electricity and internet fiber to its members. The organization's commitment to its members transcends the mere provision of services, as it strives to enhance their living standards with reliable and efficient solutions. By selling electricity and broadband internet, Heartland Rural Electric Membership Corporation bridges the gap for rural areas, ensuring that they stay connected in today's digital world.

    Impact

    This information is meant to be a general summary of Heartland 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

    Heartland Rural Electric Membership Corporation provides essential services such as electricity and broadband internet to its members in rural areas. By distributing electricity and internet fiber to rural customers, Heartland helps improve the quality of life for these communities by ensuring access to reliable utilities. This impact extends beyond mere provision of services, as access to electricity and internet connectivity plays a vital role in economic development, education, healthcare, and overall community well-being. Through its mutual benefit model, Heartland contributes to the sustainability and growth of the rural areas it serves.





    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: $112,352
  • Program Service Revenue: $0
  • Gross Receipts: $80,658,043

    • Assets and Liabilities:
  • Total Assets: $182,379,683
  • Total Liabilities: $94,002,709
  • Net Assets: $88,376,974
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Gene Lahr

    Main Address

    PO BOX 605, MARKLE, IN, 46770

    NTEE Category

    Code: Y22 - Mutual benefit

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