Overview
What is Lagrange County Rural Electric Membership Corporation?
The Lagrange County Rural Electric Membership Corporation is a nonprofit organization based in Indiana. As a member-owned cooperative, they are dedicated to delivering efficient and dependable electric services to rural residents in Lagrange County. Their mission prioritizes their role as a service organization, ensuring the provision of uninterrupted electricity to their community.
Official website here: www.lagrangeremc.com
What do the Facebook reviews say about Lagrange County Rural Electric Membership Corporation?
60% of the reviewers on Facebook recommend LaGrange County Rural Electric Membership Corporation. Here is a summary of their reviews:
A portion of the feedback expresses appreciation for the organization’s reliability in providing electricity, highlighting their satisfaction with the services offered. One user even specifically thanked the electric cooperative for maintaining power, suggesting that there are positive experiences among some customers.
However, with a recommendation rate of 60%, it appears there may be a mix of opinions. While a few users are grateful for the service, the comments indicate that not everyone feels entirely positive about their experiences, hinting at possible areas for improvement.
This AI summary has been generated from reviews found on Facebook.
Is Lagrange County Rural Electric Membership Corporation legitimate?
Lagrange County Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lagrange 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $312,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,299,586
For more financial information, click here
Official website here: www.lagrangeremc.com
What is the mission statement of Lagrange County Rural Electric Membership Corporation?
The Lagrange County Rural Electric Membership Corporation functions as a not-for-profit organization catering to its membership base. Committed to delivering efficient and dependable electric services, this corporation places the needs of its members at the forefront of its operations. As a member-owned entity, it is dedicated to ensuring a consistent power supply for its rural community in Indiana.
Official website here: www.lagrangeremc.com
Who is the CEO of Lagrange County Rural Electric Membership Corporation?
Mark Leu is the President of Lagrange County Rural Electric Membership Corporation. The CEO's salary of Lagrange County Rural Electric Membership Corporation is $177,149 and their total compensation is $186,274.
Official website here: www.lagrangeremc.com
What is the revenue of Lagrange County Rural Electric Membership Corporation?
Lagrange County Rural Electric Membership Corporation's revenue in 2022 was $14,349,360.
Official website here: www.lagrangeremc.com
Who are the executives of Lagrange County Rural Electric Membership Corporation and what are their salaries?
The average compensation at Lagrange County Rural Electric Membership Corporation during 2022 was $50,366. There are 32 employees at Lagrange County Rural Electric Membership Corporation.
Here are 9 key members and their salaries (Lagrange County Rural Electric Membership Corporation's CEO's salary is $177,149 and their total compensation is $186,274):
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $17,200
- Related: $0
- Other: $0
- Compensation: $18,250
- Related: $0
- Other: $0
- Compensation: $17,850
- Related: $0
- Other: $0
- Compensation: $18,050
- Related: $0
- Other: $0
- Compensation: $18,450
- Related: $0
- Other: $0
- Compensation: $17,050
- Related: $0
- Other: $0
- Compensation: $177,149
- Related: $0
- Other: $9,125
- Compensation: $102,390
- Related: $0
- Other: $0
Official website here: www.lagrangeremc.com
Where can I find the form 990 for Lagrange County Rural Electric Membership Corporation?
Lagrange County Rural Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lagrangeremc.com
Learn more at the official website: www.lagrangeremc.com
Mission Statement of Lagrange County Rural Electric Membership Corporation
Lagrange County Rural Electric Membership Corporation, a member-owned and non-profit service organization, is dedicated to delivering efficient and dependable electric services to its members. In its mission to power rural communities, the corporation places a high priority on providing reliable electricity to enhance the quality of life for its customers. This commitment to excellence is rooted in the organization's member-owned structure, which fosters a strong sense of community and collaboration among its members.
Founded on the principles of cooperation and mutual support, Lagrange County Rural Electric Membership Corporation has made it their mission to ensure that every household and business in their service area has access to the electricity they need. By focusing on efficiency, the corporation is able to keep costs low and maintain a high standard of service, making electricity a valuable resource for all of its members.
In its continuous efforts to meet the evolving needs of its customers, Lagrange County Rural Electric Membership Corporation invests in the latest technology and infrastructure. This commitment to innovation allows the corporation to deliver electricity that is not only reliable but also sustainable, ensuring that its members have access to a power source that they can count on for years to come. Additionally, the corporation's member-owned structure enables it to be responsive to the unique needs and concerns of its customers, fostering a strong sense of trust and community among its members.
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Impact
October, 2024
Lagrange County Rural Electric Membership Corporation plays a significant role in enhancing the quality of life for residents in rural Lagrange, Indiana, by delivering efficient and reliable electric service. By operating as a member-owned organization, it prioritizes the needs of its customers, ensuring that electricity is accessible and affordable for those living in less populated areas.
The cooperative model fosters a sense of community, as members are directly involved in decision-making processes and benefit from the profits generated. This approach not only supports local economic development but also promotes sustainable practices in energy distribution. The corporation's commitment to providing reliable electricity empowers residents, allows local businesses to thrive, and enhances overall community resilience. Through its efforts, Lagrange County Rural Electric Membership Corporation significantly contributes to both the social and economic fabric of the region.
This information is meant to be a general summary of Lagrange County Rural Electric Membership Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,331
- Program Service Revenue: $13,457,460
- Gross Receipts: $14,349,602
Assets and Liabilities:
- Total Assets: $50,097,597
- Total Liabilities: $32,649,427
- Net Assets: $17,448,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING REVENUE
Revenue
$13,457,460
Organization Details
Founding Year
1936
Phone
(260) 463-7165Principal Officer
Mark Leu
Main Address
1995 E US HIGHWAY 20, LAGRANGE, IN, 46761
Website
www.lagrangeremc.comNTEE Category
Code: W80 - Public benefit
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