Fulton County Remc

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

EIN: 350324995 ✦ Rochester, IN ✦ Designated as a 501(c)(12)

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Overview

What is Fulton County Remc?

Fulton County Remc, a cooperative based in Rochester, Indiana, serves approximately 4,900 members by distributing electricity to them at reasonable costs. With a team of 20 employees, the mission of Fulton County Rural Electric Membership Corporation is to ensure reliable access to electricity for its community. The organization's operations are focused on delivering essential energy services to its members cooperatively.


Official website here: www.fultoncountyremc.com

Is Fulton County Remc legitimate?

Fulton County Remc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fulton 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: $1,068,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $417,540

For more financial information, click here


Official website here: www.fultoncountyremc.com

What is the mission statement of Fulton County Remc?

Fulton County Remc, a cooperative corporation, is dedicated to providing electricity to around 4,900 members in an affordable and reasonable manner. Its primary mission revolves around the distribution of electrical power to its community members. By operating on a cooperative basis, Fulton County Remc aims to ensure that its members have reliable access to electricity, contributing to an improved standard of living. The organization's commitment to its members goes beyond just providing electricity, as it strives to maintain a reasonable cost structure, making essential energy accessible to all.


Official website here: www.fultoncountyremc.com

Who is the CEO of Fulton County Remc?

Kelley Kitchen is the Principal Officer of Fulton County Remc. The CEO's salary of Fulton County Remc is $149,969 and their total compensation is $217,575.


Official website here: www.fultoncountyremc.com

What is the revenue of Fulton County Remc?

Fulton County Remc's revenue in 2022 was $17,488,166.


Official website here: www.fultoncountyremc.com

Who are the executives of Fulton County Remc and what are their salaries?

The average compensation at Fulton County Remc during 2022 was $74,289. There are 20 employees at Fulton County Remc.


Here are 14 key members and their salaries (Fulton County Remc's CEO's salary is $149,969 and their total compensation is $217,575):


Dennis Burton (President)
  • Compensation: $7,993
  • Related: $0
  • Other: $0
Eric Walsh (Vice President)
  • Compensation: $6,586
  • Related: $0
  • Other: $0
Leander Hoover (Secretary/Treasurer)
  • Compensation: $7,854
  • Related: $0
  • Other: $0
Adam Loehmer (Director)
  • Compensation: $6,604
  • Related: $0
  • Other: $0
Angela Miller (Director)
  • Compensation: $7,780
  • Related: $0
  • Other: $0
Brock Schwenk (Director)
  • Compensation: $7,329
  • Related: $0
  • Other: $0
Ronald Jana January-June (Director)
  • Compensation: $3,542
  • Related: $0
  • Other: $0
Stephanie Mcculley July-December (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Horstman (Ceo)
  • Compensation: $149,969
  • Related: $0
  • Other: $67,606
Robert Cripe (Journeyman Lineman)
  • Compensation: $105,970
  • Related: $0
  • Other: $55,500
Darrell Hopkins (Journeyman Lineman)
  • Compensation: $106,195
  • Related: $0
  • Other: $31,861
Dustin Stinson (Journeyman Lineman)
  • Compensation: $116,487
  • Related: $0
  • Other: $59,194
Evan Wildermuth (Journeyman Lineman)
  • Compensation: $125,730
  • Related: $0
  • Other: $42,355
Brandon Wortley (Journeyman Lineman)
  • Compensation: $112,793
  • Related: $0
  • Other: $43,360


Official website here: www.fultoncountyremc.com

Where can I find the form 990 for Fulton County Remc?

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


Official website here: www.fultoncountyremc.com

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

Mission Statement of Fulton County Remc

Fulton County REMC, or Fulton County Rural Electric Membership Corporation, is a cooperative that provides electricity to approximately 4,900 members. The organization is committed to fulfilling this mission in a cost-effective manner.

At the heart of Fulton County REMC's operations is the provision of electricity to its members. This cooperative approach sets it apart from traditional utility companies. By working together as members, those in the community can pool their resources to access this essential service. The cooperative nature of Fulton County REMC ensures that the cost of electricity remains reasonable for all involved.

Fulton County REMC's ultimate goal is to bring the power of electricity to its members. The cooperative's dedication to providing this essential resource is reflected in its mission to distribute electricity to its members on a cooperative basis. The affordable pricing structure is a testament to the organization's commitment to serving its community. Whether it's powering homes or businesses, Fulton County REMC plays a vital role in enhancing the daily lives of its members.

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Impact




October, 2024

Fulton County REMC plays a crucial role in the community by providing electricity to approximately 4,900 members on a cooperative basis. Located in Rochester, Indiana, this organization focuses on delivering reliable electric service while ensuring affordability for its members. Its commitment to mutual benefit fosters a cooperative spirit, enabling members to share in the management and decision-making process related to their electricity needs. Through its dedicated service, Fulton County REMC contributes to the economic vitality and overall quality of life for the residents it serves.




This information is meant to be a general summary of Fulton 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
$17,488,166 (2022)
Expenses
$17,488,166 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,039
  • Program Service Revenue: $16,824,181
  • Gross Receipts: $17,488,166

Assets and Liabilities:

  • Total Assets: $29,979,808
  • Total Liabilities: $11,019,840
  • Net Assets: $18,959,968

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Programs

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

ELECTRIC REVENUE

Revenue

$16,824,181

Organization Details

Founding Year

1936

Principal Officer

Kelley Kitchen

Main Address

1448 W STATE RD 14 PO BOX 230, ROCHESTER, IN, 46975

NTEE Category

Code: Y22 - Mutual benefit

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