Kosciusko Remc

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

EIN: 350449575 ✦ Warsaw, IN ✦ Designated as a 501(c)(12)

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Overview

What is Kosciusko Remc?

Kosciusko REMC, short for Kosciusko Rural Electric Membership Corporation, is a public utilities organization dedicated to providing electricity to its members and customers. With a substantial revenue of $49.6 million generated last year, the nonprofit ensures a steady power supply to its community.


Official website here: www.kremc.com

What are the reviews and ratings of this charity?

Kosciusko Remc is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization. As such, it cannot be evaluated through Charity Navigator's typical beacons such as Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability. The absence of a rating is not indicative of a positive or negative evaluation; rather, it signifies that no assessment has been conducted.

The organization's lack of a Charity Navigator rating primarily stems from its classification under IRS standards, which prevents it from being subject to the metrics traditionally used for charitable evaluation. Additionally, there is no financial data available because it lacks the necessary filings of Form 990 over the required periods. Therefore, fiscal transparency and executive compensation figures are unavailable.

Kosciusko Remc operates independently, without affiliations to larger groups regionally or nationally. Without specific user reviews from GreatNonprofits or a current evaluation from Charity Navigator, there's limited public feedback or analysis on the organization's performance and community impact.


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

What do the Facebook reviews say about Kosciusko Remc?

96% of 18 reviewers on Facebook recommend Kosciusko Remc. Here is a summary of their reviews:

Many users appreciate the outstanding customer service provided by the organization, highlighting the professionalism and friendliness of the staff. Comments frequently noted the helpfulness and willingness of team members to assist with inquiries or issues. This positive interaction clearly enhances the overall experience for users.

Overall, Kosciusko Remc seems to effectively meet the needs of its clientele, fostering a strong sense of satisfaction and support among those who engage with their services.


This AI summary has been generated from reviews found on Facebook.

Is Kosciusko Remc legitimate?

Kosciusko Remc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kosciusko 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: $875,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $371,631

For more financial information, click here


Official website here: www.kremc.com

What is the mission statement of Kosciusko Remc?

Kosciusko REMC functions as a public utilities organization, dedicated to providing electricity to its customer base. The organization's primary objective is to ensure a consistent power supply to its community. Last year, it generated a substantial revenue of $49 million, reflecting its commitment to delivering reliable electric services. The team at Kosciusko REMC focuses on maintaining and upgrading infrastructure to ensure the efficient delivery of electricity. They also prioritize customer satisfaction, striving to address any concerns or issues promptly. Additionally, the organization may engage in community outreach programs, promoting energy conservation and education to promote a sustainable energy future.


Official website here: www.kremc.com

Who is the CEO of Kosciusko Remc?

Kurt Carver is the Director of Kosciusko Remc. The CEO's salary of Kosciusko Remc is $234,808 and their total compensation is $297,691.


Official website here: www.kremc.com

What is the revenue of Kosciusko Remc?

Kosciusko Remc's revenue in 2022 was $51,459,225.


Official website here: www.kremc.com

Who are the executives of Kosciusko Remc and what are their salaries?

The average compensation at Kosciusko Remc during 2022 was $26,533. There are 47 employees at Kosciusko Remc.


Here are 18 key members and their salaries (Kosciusko Remc's CEO's salary is $234,808 and their total compensation is $297,691):


William Stump Jr (Director)
  • Compensation: $5,690
  • Related: $0
  • Other: $0
Terry Bouse (Director)
  • Compensation: $13,650
  • Related: $0
  • Other: $0
John Hand (Secretary/Treasurer)
  • Compensation: $12,935
  • Related: $0
  • Other: $0
Rick Parker (Director)
  • Compensation: $13,650
  • Related: $0
  • Other: $0
Daniel Tucker (Vice-Chairman)
  • Compensation: $12,600
  • Related: $0
  • Other: $0
Pam Messmore (Director)
  • Compensation: $12,600
  • Related: $0
  • Other: $0
Kim Buhrt (Director)
  • Compensation: $1,050
  • Related: $0
  • Other: $0
Steve E Miner (Director)
  • Compensation: $13,650
  • Related: $0
  • Other: $0
Anthony Fleming (Chairman)
  • Compensation: $13,650
  • Related: $0
  • Other: $0
Todd Smith (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0
Loretta Schafer (Director)
  • Compensation: $9,800
  • Related: $0
  • Other: $0
Kurt Carver (President & Ceo)
  • Compensation: $234,808
  • Related: $0
  • Other: $62,883
Tim Landrigan (Cfo)
  • Compensation: $126,240
  • Related: $0
  • Other: $45,213
Jeff Moore (Vp Of Engineering & Operations)
  • Compensation: $130,669
  • Related: $0
  • Other: $128,436
Curt Barkey (Vp Of Technology & Broadband)
  • Compensation: $128,323
  • Related: $0
  • Other: $59,408
Jayne Brunetto (Financial Systems Analyst)
  • Compensation: $137,688
  • Related: $0
  • Other: $27,377
Cody Kindle (Lineman)
  • Compensation: $130,210
  • Related: $0
  • Other: $23,175
Isaac Harp (Lineman)
  • Compensation: $115,067
  • Related: $0
  • Other: $42,367


Official website here: www.kremc.com

Where can I find the form 990 for Kosciusko Remc?

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


Official website here: www.kremc.com

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

Mission Statement of Kosciusko Remc

Kosciusko REMC, a public utilities organization, is dedicated to providing electricity to its members and customers. With a significant revenue generation of $49,567,753 in the previous year, the nonprofit works tirelessly to ensure a consistent electricity supply to those it serves.

In its mission to electrify communities, Kosciusko REMC plays a vital role in powering homes and businesses. As a public utility, the organization is committed to delivering reliable and efficient electric services, enhancing the quality of life for its customers. Through its operations, Kosciusko REMC contributes to the economic development and sustainability of the areas it serves.

The organization's primary focus is on delivering electricity, enabling its members to access essential services, power their homes, and foster growth within their communities. With a strong commitment to customer satisfaction, Kosciusko REMC remains dedicated to maintaining the infrastructure necessary for a stable electricity grid and addressing any issues that may arise promptly.

In summary, Kosciusko REMC is a public utilities organization that operates with the mission of providing electricity to its members and customers. With a significant financial contribution of $49,567,753 in the previous year, the nonprofit is dedicated to ensuring a consistent electricity supply and enhancing the quality of life for those it serves.

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Impact




October, 2024

Kosciusko REMC plays a vital role in providing reliable electricity to its member-customers in the Warsaw, Indiana area. By generating substantial revenue of $49,567,753 last year, the organization has positioned itself as a key player in the local energy landscape, ensuring that residents and businesses have access to essential power services.

The organization focuses on delivering consistent and affordable electricity, contributing to the overall quality of life and economic development in the region. Its operations not only support individual households but also sustain local businesses, enhancing productivity and stimulating growth within the community. This focus on public benefit reflects a commitment to serving the needs of its members, reinforcing the importance of accessible energy in driving progress and prosperity in the area.




This information is meant to be a general summary of Kosciusko 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
$51,459,225 (2022)
Expenses
$49,742,337 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $240,288
  • Program Service Revenue: $50,325,805
  • Gross Receipts: $51,459,225

Assets and Liabilities:

  • Total Assets: $131,199,906
  • Total Liabilities: $60,619,329
  • Net Assets: $70,580,577

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$51,340,701

POLE RENTAL

Revenue

$96,779

EQUITY IN EARNINGS OF SUBSIDIARY

Revenue

-$1,111,675

Organization Details

Founding Year

1935

Principal Officer

Kurt Carver

Main Address

370 SOUTH 250 EAST, WARSAW, IN, 46582

NTEE Category

Code: W80 - Public benefit

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