Johnson County Rural Electric Membership Corporation Jcremc

Jcremc

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

EIN: 350424700 ✦ Franklin, IN ✦ Designated as a 501(c)(12)

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Overview

What is Johnson County Rural Electric Membership Corporation Jcremc?

Johnson County Rural Electric Membership Corporation (Jcremc), a cooperative electric utility based in Franklin, Indiana, serves over 18,000 members in Johnson County and adjacent areas of Morgan, Shelby, and Brown counties. Their mission is to ensure the safe and efficient delivery of reliable electric services to the community. Jcremc's operations are focused on meeting the electrical needs of its members.


Official website here: www.jcremc.com

Is Johnson County Rural Electric Membership Corporation Jcremc legitimate?

Johnson County Rural Electric Membership Corporation Jcremc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Johnson County Rural Electric Membership Corporation Jcremc 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: $697,488
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,353,068

For more financial information, click here


Official website here: www.jcremc.com

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

Johnson County Rural Electric Membership Corporation (Jcremc) is dedicated to ensuring the delivery of safe and efficient electric services to its community. As a cooperative utility, its mission is centered around reliably supplying electricity to over 18,000 members spread across various counties. The organization's commitment is to maintain the highest standards of safety and efficiency, ensuring that electricity is consistently accessible to all its members. By focusing on the essential aspect of electricity provision, Jcremc plays a vital role in enhancing the quality of life within the community it serves.


Official website here: www.jcremc.com

Who is the CEO of Johnson County Rural Electric Membership Corporation Jcremc?

John Sturm is the CEO of Johnson County Rural Electric Membership Corporation Jcremc The CEO's salary of Johnson County Rural Electric Membership Corporation Jcremc is $363,320 and their total compensation is $423,189.


Official website here: www.jcremc.com

What is the revenue of Johnson County Rural Electric Membership Corporation Jcremc?

Johnson County Rural Electric Membership Corporation Jcremc's revenue in 2023 was $73,379,153.


Official website here: www.jcremc.com

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

The average compensation at Johnson County Rural Electric Membership Corporation Jcremc during 2023 was $61,592. There are 82 employees at Johnson County Rural Electric Membership Corporation Jcremc.

Here are 15 key members and their salaries (Johnson County Rural Electric Membership Corporation Jcremc's CEO's salary is $363,320 and their total compensation is $423,189):


John Sturm (Ceo)
  • Compensation: $363,320
  • Related: $0
  • Other: $59,869
Terry Miller (Vp Of Finance)
  • Compensation: $174,168
  • Related: $0
  • Other: $57,704
Kevin Shelley (Vp Of Engineering)
  • Compensation: $166,164
  • Related: $0
  • Other: $32,688
Nick Stainbrook (Director Of Operations)
  • Compensation: $153,627
  • Related: $0
  • Other: $28,997
Shawn Frye (Director Of Technology)
  • Compensation: $133,552
  • Related: $0
  • Other: $26,973
Daniel Corthell (Journeyman Lineman)
  • Compensation: $133,061
  • Related: $0
  • Other: $18,325
Daniel Wood (Line Superintendent)
  • Compensation: $131,943
  • Related: $0
  • Other: $23,247
Steven Stout (Journeyman Lineman)
  • Compensation: $130,074
  • Related: $0
  • Other: $11,081
Seth Brown (Secretarytreasurer)
  • Compensation: $25,750
  • Related: $7,700
  • Other: $0
Lee Ann Wilbur (President)
  • Compensation: $25,650
  • Related: $7,700
  • Other: $0
Stephen Watson (Vice President)
  • Compensation: $25,600
  • Related: $7,700
  • Other: $0
Ronald Barnett (Board Of Director)
  • Compensation: $25,400
  • Related: $7,700
  • Other: $0
Jamie Meredith (Board Of Director)
  • Compensation: $21,550
  • Related: $7,700
  • Other: $0
Dennis Stewart (Board Of Director)
  • Compensation: $18,700
  • Related: $5,550
  • Other: $0
Glenn Mcalpin (Board Of Director)
  • Compensation: $17,350
  • Related: $5,900
  • Other: $0


Official website here: www.jcremc.com

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

Johnson County Rural Electric Membership Corporation Jcremc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jcremc.com

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

Mission Statement of Johnson County Rural Electric Membership Corporation Jcremc

Johnson County Rural Electric Membership Corporation Jcremc is a dedicated organization committed to delivering safe and efficient electric services to its community. Located in Indiana, this cooperative electric utility caters to over 18,000 members spread across Johnson County and parts of Morgan, Shelby, and Brown counties.

In keeping with its mission, Johnson County REMC strives to ensure the reliable supply of electric power to its members, prioritizing safety and efficiency at every turn. The organization's unwavering commitment to these principles enables it to maintain a strong and stable power grid, minimizing disruptions and power outages. With a focus on community service, Johnson County REMC goes above and beyond to meet the unique energy needs of its members, addressing their concerns in a prompt and professional manner.

Johnson County REMC's team of skilled and experienced electricians and engineers work tirelessly to maintain the infrastructure and upgrade systems as needed. Their dedication to maintaining high standards ensures that the community's power needs are always met with the latest technology and best practices. By prioritizing safety and reliability, Johnson County REMC fosters a strong sense of trust and confidence among its members, making it an essential partner in the community's development and growth.

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Impact




October, 2024

Johnson County Rural Electric Membership Corporation (JCREMC) plays a vital role in the community by providing safe and efficient electric services. Serving over 18,000 members in Johnson County and parts of Morgan, Shelby, and Brown counties, JCREMC ensures reliable electricity delivery essential for residential, commercial, and industrial needs. This dependable service supports local businesses, enhances quality of life for residents, and fosters economic growth within the region. Located in Franklin, Indiana, JCREMC is dedicated to meeting the energy demands of its community while prioritizing safety and efficiency. Their efforts contribute significantly to public benefit, making a positive impact on the local economy and the overall well-being of the community.




This information is meant to be a general summary of Johnson County Rural Electric Membership Corporation Jcremc. 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
$73,379,153 (2023)
Expenses
$70,268,557 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $440,929
  • Program Service Revenue: $71,079,321
  • Gross Receipts: $74,135,246

Assets and Liabilities:

  • Total Assets: $166,688,644
  • Total Liabilities: $71,594,255
  • Net Assets: $95,094,389

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Programs

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

Electricity distribution

Revenue

$70,836,626

Penaltiesservice charges

Revenue

$242,695

Organization Details

Founding Year

1936

Principal Officer

John Sturm

NTEE Category

Code: W80 - Public benefit

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