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
What are the reviews and ratings of this charity?
Boone County Rural Electric Membership Corp (Boone REMC) is currently not rated by Charity Navigator. This lack of a rating, however, does not imply a positive or negative standing; rather, it signifies that Boone REMC has not been evaluated by Charity Navigator due to its non-qualification as a 501(c)(3) organization. Charity Navigator primarily rates organizations based on Accountability & Finance and Impact & Measurement, neither being applicable to Boone REMC.
The organization is independent in nature, aligning as its own entity without auxiliary associations. Nonetheless, this independence is complemented by limited publicly accessible financial data, such as Total Revenue and Expenses or salary information for key persons, which are common inclusions in most nonprofit analyses.
Since Boone REMC cannot be assessed under Charity Navigator's primarily 501(c)(3)-focused methodologies, its leadership credibility and culture have not been formally measured either. User reviews that might provide personal insights into stakeholder experiences or community engagement are notably absent from GreatNonprofits, leaving potential donors or interested parties without anecdotal evidence of the organization's impact or community reputation.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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):
- Compensation: $24,560
- Related: $0
- Other: $0
- Compensation: $15,360
- Related: $0
- Other: $0
- Compensation: $14,510
- Related: $0
- Other: $0
- Compensation: $16,560
- Related: $0
- Other: $0
- Compensation: $19,560
- Related: $0
- Other: $0
- Compensation: $15,360
- Related: $0
- Other: $0
- Compensation: $13,560
- Related: $0
- Other: $0
- Compensation: $18,960
- Related: $0
- Other: $0
- Compensation: $15,360
- Related: $0
- Other: $0
- Compensation: $303,417
- Related: $0
- Other: $169,056
- Compensation: $150,064
- Related: $0
- Other: $47,988
- Compensation: $160,408
- Related: $0
- Other: $74,846
- Compensation: $159,373
- Related: $0
- Other: $106,616
- Compensation: $150,766
- Related: $0
- Other: $108,396
- Compensation: $121,793
- Related: $0
- Other: $94,008
- Compensation: $118,812
- Related: $0
- Other: $65,088
Official website here: www.bremc.com
Where can I find the form 990 for Boone Remc?
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.
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Impact
October, 2024
Boone REMC significantly impacts its community by delivering energy-related services that prioritize safety, dependability, and affordability. Located in Lebanon, IN, it efficiently distributes electricity and implements various programs that enhance member services. By ensuring reliable access to energy, Boone REMC contributes to the overall quality of life for its members, facilitating daily activities and economic stability. Their commitment to reasonable pricing helps alleviate financial pressures on households and businesses, further promoting public benefit within the region.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(765) 482-2390Principal Officer
Benjamin Duke
Main Address
PO BOX 563, LEBANON IN, IN, 46052
Website
www.bremc.comNTEE Category
Code: W80 - Public benefit
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