Overview
What is Henry County Rural Electric Membership Corporation?
Henry County Rural Electric Membership Corporation, also known as HENRY COUNTY REMC, is a nonprofit organization located at 3400 S STATE ROAD 3, NEW CASTLE, IN, 47362. With approximately 7,800 members, they operate on a cooperative basis to distribute reliable, safe, and cost-competitive electric service. Their mission is to enhance the lives of their members and the communities they serve, employing a team of 40 individuals.
Official website here: www.hcremc.com
Is Henry County Rural Electric Membership Corporation legitimate?
Henry County Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Henry County 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: $1,374,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,149,963
For more financial information, click here
What is the mission statement of Henry County Rural Electric Membership Corporation?
The Henry County Rural Electric Membership Corporation is dedicated to providing electric service to around 7,800 members on a cooperative basis. Their mission is to deliver reliable, safe, and cost-effective electricity to enrich the lives of the members and communities they serve. By distributing electricity cooperatively, they aim to make a positive impact on the lives of their customers. The corporation's primary goal is to ensure a consistent power supply, ensuring the well-being and convenience of those who rely on them. They strive to provide electric service that is both affordable and of high quality, as they understand the importance of electricity in modern living. Additionally, they prioritize the safety of their operations, ensuring the communities they serve can depend on them for a reliable and trustworthy energy source.
Official website here: www.hcremc.com
Who is the CEO of Henry County Rural Electric Membership Corporation?
Melissa True is the President of Henry County Rural Electric Membership Corporation. The CEO's salary of Henry County Rural Electric Membership Corporation is $183,783 and their total compensation is $274,351.
Official website here: www.hcremc.com
What is the revenue of Henry County Rural Electric Membership Corporation?
Henry County Rural Electric Membership Corporation's revenue in 2022 was $26,891,779.
Official website here: www.hcremc.com
Who are the executives of Henry County Rural Electric Membership Corporation and what are their salaries?
The average compensation at Henry County Rural Electric Membership Corporation during 2022 was $63,119. There are 40 employees at Henry County Rural Electric Membership Corporation.
Here are 15 key members and their salaries (Henry County Rural Electric Membership Corporation's CEO's salary is $183,783 and their total compensation is $274,351):
- Richard Byrer (Journeyman Lineman)
- Melissa True (Ceo)
- Wesley Jones (Overhead Construction Fore)
- Adam Warwas (Chief Operations Officer)
- Lance Koontz (Overhead Construction Fore)
- Thomas Gettinger (Journeyman Lineman)
- Jay Carr (Director)
- Curtis Poore (Director)
- Sam Sparks (Secretary) [Trustee/Director]
- Jamey Marcum (Treasurer) [Trustee/Director]
- Brian Becker (President) [Trustee/Director]
- Nate Lamar (Director)
- M Shane Young (Vice President) [Trustee/Director]
- Wayne Jester (Director)
- Donald Cross Through June 2022 (Director)
Official website here: www.hcremc.com
Where can I find the form 990 for Henry County Rural Electric Membership Corporation?
The Henry County Rural Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hcremc.com
Learn more at the official website: www.hcremc.com
Mission Statement of Henry County Rural Electric Membership Corporation
Henry County Rural Electric Membership Corporation, or HC REMC, is dedicated to providing reliable, safe, and cost-competitive electric service to enhance the lives of its approximately 7,800 members. The cooperative's primary activity revolves around the distribution of electricity to these members, ensuring they have access to essential energy for their daily needs.
HC REMC's mission is multifaceted. It goes beyond just delivering electricity; the corporation aims to make a positive impact on the communities it serves. By providing cost-effective electric solutions, HC REMC enables its members to improve their standard of living and invest in their future. The corporation's commitment to reliability ensures that power outages are minimized, and when they do occur, the response is prompt and efficient.
Moreover, HC REMC's team of dedicated professionals works tirelessly to ensure the safety of the electric infrastructure. Regular inspections, maintenance, and upgrades are carried out to maintain the highest safety standards and prevent potential hazards. By focusing on these aspects, HC REMC not only guarantees a consistent power supply but also creates a sense of security and peace of mind for its members.
Impact
This information is meant to be a general summary of Henry County 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
Henry County Rural Electric Membership Corporation's impact is significant in providing reliable, safe, and cost-competitive electric service to approximately 7,800 members on a cooperative basis in New Castle, Indiana. By fulfilling its mission to enhance the lives of its members and the communities it serves, this organization plays a vital role in ensuring that residents have access to essential electricity services that improve their quality of life. The cooperative nature of the organization allows for a community-focused approach, benefiting the public and contributing to the overall well-being of the region.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$26,064,644
Organization Details
Founding Year
1936
Phone
(800) 248-8413
Principal Officer
Melissa True
Main Address
3400 S STATE ROAD 3, NEW CASTLE, IN, 47362
Website
www.hcremc.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Henry County 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.