Daviess-Martin County Remc

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

EIN: 350261964 ✦ Loogootee, IN ✦ Designated as a 501(c)(12)

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Overview

What is Daviess-Martin County Remc?

Daviess-Martin County Remc is a nonprofit electricity provider serving rural communities in Loogootee, Indiana. Their primary objective is to ensure the delivery of reliable electricity to their members, while maintaining a reasonable cost for the services they offer. This mission-driven organization is dedicated to enhancing the quality of life for its customers by providing dependable and high-quality electricity.


Official website here: www.dmremc.com

What are the reviews and ratings of this charity?

The Daviess-Martin County REMC is not currently rated on Charity Navigator. The lack of a rating is due to the organization not being registered as a 501(c)(3) nonprofit, which limits the ability for Charity Navigator to evaluate it using their standard methodologies. This absence of rating should not be interpreted as either positive or negative.

Historically, ratings from similar frameworks primarily reflected criteria based on accountability and finance, but recent evaluations require consideration of additional factors like leadership and impact. Unfortunately, comprehensive data such as revenue, expenses, and salaries are unavailable, further restricting the evaluation possibilities for Daviess-Martin County REMC.

Without user reviews from GreatNonprofits, there is no supplementary feedback to gauge public perception or detailed operational insight. The organization remains independent and functions outside typical nonprofit parameters evaluated by Charity Navigator.


This AI summary has been generated from information found on Charity Navigator.

Is Daviess-Martin County Remc legitimate?

Daviess-Martin County Remc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Daviess-Martin County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $829,001

For more financial information, click here


Official website here: www.dmremc.com

What is the mission statement of Daviess-Martin County Remc?

Daviess-Martin County REMC is dedicated to delivering reliable electricity and top-notch services to its members. The cooperative aims to offer these essentials at reasonable costs, ensuring affordability for all. By providing dependable electricity, it enhances the daily lives and livelihoods of its members. Additionally, the organization is committed to delivering quality services alongside the power, ensuring customer satisfaction. The cooperative's mission prioritizes its members' needs, striving to maintain a strong and consistent power supply while keeping costs manageable.


Official website here: www.dmremc.com

Who is the CEO of Daviess-Martin County Remc?

Erica Worland is the Cfo of Daviess-Martin County Remc. The CEO's salary of Daviess-Martin County Remc is $125,104 and their total compensation is $170,951.


Official website here: www.dmremc.com

What is the revenue of Daviess-Martin County Remc?

Daviess-Martin County Remc's revenue in 2022 was $39,754,758.


Official website here: www.dmremc.com

Who are the executives of Daviess-Martin County Remc and what are their salaries?

The average compensation at Daviess-Martin County Remc during 2022 was $22,405. There are 37 employees at Daviess-Martin County Remc.


Here are 15 key members and their salaries (Daviess-Martin County Remc's CEO's salary is $125,104 and their total compensation is $170,951):


Travis Summers (President)
  • Compensation: $13,848
  • Related: $0
  • Other: $6
Brandt Schuckman (Vice President)
  • Compensation: $11,185
  • Related: $0
  • Other: $6
Josh Dove (Treasurer)
  • Compensation: $11,015
  • Related: $0
  • Other: $6
Amy Burris (Secretary)
  • Compensation: $10,914
  • Related: $0
  • Other: $6
D Terry Chapman (Director)
  • Compensation: $17,776
  • Related: $0
  • Other: $4
John Edwards (Director)
  • Compensation: $11,072
  • Related: $0
  • Other: $6
August Bauer (Director)
  • Compensation: $21,212
  • Related: $0
  • Other: $3
Jane Bahler-Hurt (Ceo-Retired During Year)
  • Compensation: $160,201
  • Related: $0
  • Other: $53,398
Ryan Dant (Ceo)
  • Compensation: $125,104
  • Related: $0
  • Other: $45,847
Erica Worland (Cfo)
  • Compensation: $84,104
  • Related: $0
  • Other: $40,001
Tyler Bostock (Journey Lineman)
  • Compensation: $137,710
  • Related: $0
  • Other: $34,193
Nathan Albright (Journey Lineman)
  • Compensation: $136,634
  • Related: $0
  • Other: $38,247
Steve Emberton (Line Foreman)
  • Compensation: $135,160
  • Related: $0
  • Other: $41,080
Alan Sims (Journey Lineman)
  • Compensation: $128,912
  • Related: $0
  • Other: $38,247
Robert Murphy (Journey Lineman)
  • Compensation: $118,308
  • Related: $0
  • Other: $21,995


Official website here: www.dmremc.com

Where can I find the form 990 for Daviess-Martin County Remc?

Daviess-Martin County Remc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dmremc.com

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

Mission Statement of Daviess-Martin County Remc

Daviess-Martin County REMC, a dedicated electricity provider, is committed to delivering dependable power and top-tier services to its members at affordable prices. This Indiana-based organization prioritizes the needs of rural communities, ensuring a constant electricity supply and maintaining high-quality services. By focusing on reasonable costs, Daviess-Martin County REMC has established a strong reputation for reliability and affordability.

At the core of its mission, Daviess-Martin County REMC strives to provide electricity that residents can count on. This promise is underpinned by a commitment to invest in the necessary infrastructure and technology to maintain a robust power grid. The organization's dedication to its members extends beyond electricity, as it also prioritizes delivering quality services that cater to their unique needs. By offering dependable electricity and exceptional customer care, Daviess-Martin County REMC aims to create a strong community bond and build trust among its members.

In summary, Daviess-Martin County REMC is more than just an electricity provider; it is a trusted partner dedicated to serving rural communities in Indiana. Through its commitment to dependable electricity, quality services, and reasonable costs, the organization has earned the loyalty and appreciation of its members. Daviess-Martin County REMC's mission is to ensure that its members can rely on a consistent power supply and enjoy the benefits of a strong, supportive community.

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Impact




October, 2024

Daviess-Martin County REMC plays a vital role in enhancing the quality of life for rural communities in Loogootee, IN, by delivering reliable electricity and quality services to its members. This commitment ensures that residents have access to essential energy services that support their daily needs and promote economic development. By focusing on reasonable costs, Daviess-Martin County REMC helps to alleviate financial burdens on its members, making energy more accessible and affordable. The organization’s dedication to dependability not only empowers local households and businesses but also fosters a sense of community and resilience in rural areas.




This information is meant to be a general summary of Daviess-Martin County 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.

Revenue
$39,754,758 (2022)
Expenses
$38,111,294 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $30,328
  • Program Service Revenue: $38,792,263
  • Gross Receipts: $39,780,308

Assets and Liabilities:

  • Total Assets: $61,548,405
  • Total Liabilities: $24,411,461
  • Net Assets: $37,136,944

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Programs

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

ELECTRIC SALES

Revenue

$38,778,011

STREET LIGHTING

Revenue

$14,252

Organization Details

Founding Year

1939

Principal Officer

Erica Worland

Main Address

PO BOX 430, LOOGOOTEE, IN, 47553

NTEE Category

Code: W80 - Public benefit

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