Jay County Rural Electric Membership Corporation

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

EIN: 350420975 ✦ Portland, IN ✦ Designated as a 501(c)(12)

Overview

What is Jay County Rural Electric Membership Corporation?

The Jay County Rural Electric Membership Corporation is a nonprofit organization dedicated to delivering electricity to rural customers in an undisclosed location. With a primary focus on electricity distribution, this cooperative plays a crucial role in providing essential power to its community members. The corporation's mission is centered around this significant activity, ensuring that rural residents have access to reliable electric services.


Official website here: www.jayremc.com

Is Jay County Rural Electric Membership Corporation legitimate?

Jay County Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jay 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: $302,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $801,596

For more financial information, click here


Official website here: www.jayremc.com

What is the mission statement of Jay County Rural Electric Membership Corporation?

The Jay County Rural Electric Membership Corporation focuses on the essential task of supplying electricity to rural customers. Their primary mission revolves around the distribution of electric power, ensuring that communities remain connected and powered. By delivering electricity, they contribute significantly to enhancing the quality of life and supporting local development in rural areas. Their commitment extends beyond just providing electricity; they actively work towards ensuring a reliable and consistent power supply to their customers. Additionally, they may offer related services, such as energy efficiency programs or emergency preparedness plans, to further assist and benefit their clientele.


Official website here: www.jayremc.com

Who is the CEO of Jay County Rural Electric Membership Corporation?

Neil Draper is the Ceo of Jay County Rural Electric Membership Corporation. The CEO's salary of Jay County Rural Electric Membership Corporation is $143,166 and their total compensation is $148,570.


Official website here: www.jayremc.com

What is the revenue of Jay County Rural Electric Membership Corporation?

Jay County Rural Electric Membership Corporation's revenue in 2022 was $22,874,315.


Official website here: www.jayremc.com

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

The average compensation at Jay County Rural Electric Membership Corporation during 2022 was $44,161. There are 25 employees at Jay County Rural Electric Membership Corporation.

Here are 12 key members and their salaries (Jay County Rural Electric Membership Corporation's CEO's salary is $143,166 and their total compensation is $148,570):

    Neil Draper (Ceo)
  • Compensation: $143,166
  • Related: $0
  • Other: $5,404

    • Kent Homan (Director)
  • Compensation: $25,604
  • Related: $0
  • Other: $0

    • Klint Moser (Director)
  • Compensation: $24,272
  • Related: $0
  • Other: $0

    • Ronald Smithson (Director)
  • Compensation: $20,919
  • Related: $0
  • Other: $0

    • Kenneth D Denton (Director)
  • Compensation: $20,073
  • Related: $0
  • Other: $0

    • Brian Addinton (Director)
  • Compensation: $12,536
  • Related: $0
  • Other: $0

    • Steven Ritchie (Director)
  • Compensation: $11,444
  • Related: $0
  • Other: $0

    • Dru Hall (Diretor) [Trustee/Director]
  • Compensation: $10,314
  • Related: $0
  • Other: $0

    • Michael Ninde (Director)
  • Compensation: $9,822
  • Related: $0
  • Other: $0

    • Rick Dues (Director)
  • Compensation: $8,331
  • Related: $0
  • Other: $0

    • Diane Schrock (Secretary) [Trustee/Director]
  • Compensation: $7,333
  • Related: $0
  • Other: $0

    • Thomas L Zimmerman (Chairman) [Trustee/Director]
  • Compensation: $3,207
  • Related: $0
  • Other: $0


  • Official website here: www.jayremc.com

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

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


    Official website here: www.jayremc.com

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

    Mission Statement of Jay County Rural Electric Membership Corporation

    Jay County Rural Electric Membership Corporation, also known as JCREMC, is a dedicated organization that focuses on delivering electricity to rural communities. The corporation's most significant activity revolves around the distribution of electricity, ensuring that residents in these areas have reliable access to this essential resource.

    JCREMC's mission is centered on providing electricity to its customers in a responsible and efficient manner. By delivering electricity, the corporation enhances the quality of life for individuals and families living in rural areas. The organization's unwavering commitment to electricity distribution enables residents to lead more comfortable and productive lives. Moreover, its efforts contribute to fostering economic growth in the rural communities it serves.

    The diligent team at JCREMC works tirelessly to maintain and expand its electrical infrastructure to meet the ever-evolving needs of its customers. Their dedication to excellence in electricity distribution ensures a consistent power supply, allowing rural residents to carry out their daily activities with ease. In summary, JCREMC plays a vital role in enriching the lives of rural communities by delivering electricity and ensuring a reliable electrical infrastructure.

    Impact

    This information is meant to be a general summary of Jay 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

    Jay County Rural Electric Membership Corporation is positively impacting the community by providing essential electricity distribution services to rural customers in Portland, IN. Their mission-driven approach ensures that residents in these areas have access to reliable electricity, improving their quality of life and enabling economic development. Overall, the corporation's efforts contribute to the well-being and sustainability of the local community.





    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: $51,703
  • Program Service Revenue: $22,463,060
  • Gross Receipts: $22,874,315

    • Assets and Liabilities:
  • Total Assets: $33,581,529
  • Total Liabilities: $4,281,037
  • Net Assets: $29,300,492
  • Programs

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

    OPERATING REVENUE

    Revenue

    $22,463,060

    Organization Details

    Founding Year

    1936

    Principal Officer

    Neil Draper

    Main Address

    484 S 200 W, PORTLAND, IN, 47371

    NTEE Category

    Code: W80 - Public benefit

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