Overview
What is Miami-Cass County Rural Electric Membership Corporation?
Miami-Cass County Rural Electric Membership Corporation, headquartered in Peru, IN, is a nonprofit organization dedicated to delivering dependable electricity to rural residents at affordable prices. The company's core mission revolves around providing electricity to its members at reasonable costs. Miami-Cass Remc ensures a consistent electricity supply to its customers and operates under this guiding principle.
Official website here: www.mcremc.coop
Is Miami-Cass County Rural Electric Membership Corporation legitimate?
Miami-Cass County Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Miami-Cass 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: $422,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $425,858
For more financial information, click here
Official website here: www.mcremc.coop
What is the mission statement of Miami-Cass County Rural Electric Membership Corporation?
Miami-Cass County Rural Electric Membership Corporation is dedicated to delivering electricity to its members at reasonable costs. The organization's primary mission is to ensure a reliable and affordable electric service for its rural customers. By providing dependable electricity, Miami-Cass Remc aims to enhance the quality of life for its members and contribute to the development of their communities. The company's commitment to reasonable costs reflects its dedication to making electric service accessible to all, fostering economic opportunities and community growth. Miami-Cass Remc's provision of electricity not only powers homes and businesses but also plays a crucial role in improving overall living conditions for its members.
Official website here: www.mcremc.coop
Who is the CEO of Miami-Cass County Rural Electric Membership Corporation?
Rob Schwartz is the President of Miami-Cass County Rural Electric Membership Corporation. The CEO's salary of Miami-Cass County Rural Electric Membership Corporation is $197,304 and their total compensation is $329,994.
Official website here: www.mcremc.coop
What is the revenue of Miami-Cass County Rural Electric Membership Corporation?
Miami-Cass County Rural Electric Membership Corporation's revenue in 2022 was $17,910,824.
Official website here: www.mcremc.coop
Who are the executives of Miami-Cass County Rural Electric Membership Corporation and what are their salaries?
The average compensation at Miami-Cass County Rural Electric Membership Corporation during 2022 was $32,625. There are 26 employees at Miami-Cass County Rural Electric Membership Corporation.
Here are 13 key members and their salaries (Miami-Cass County Rural Electric Membership Corporation's CEO's salary is $197,304 and their total compensation is $329,994):
- Compensation: $14,098
- Related: $0
- Other: $0
- Compensation: $15,392
- Related: $0
- Other: $0
- Compensation: $12,502
- Related: $0
- Other: $0
- Compensation: $12,580
- Related: $0
- Other: $0
- Compensation: $12,210
- Related: $0
- Other: $0
- Compensation: $13,099
- Related: $0
- Other: $0
- Compensation: $12,060
- Related: $0
- Other: $0
- Compensation: $197,304
- Related: $0
- Other: $132,690
- Compensation: $122,488
- Related: $0
- Other: $66,800
- Compensation: $117,612
- Related: $0
- Other: $47,747
- Compensation: $116,970
- Related: $0
- Other: $33,731
- Compensation: $116,906
- Related: $0
- Other: $22,133
- Compensation: $104,922
- Related: $0
- Other: $62,731
Official website here: www.mcremc.coop
Where can I find the form 990 for Miami-Cass County Rural Electric Membership Corporation?
Miami-Cass County Rural Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcremc.coop
Learn more at the official website: www.mcremc.coop
Mission Statement of Miami-Cass County Rural Electric Membership Corporation
Miami-Cass County Rural Electric Membership Corporation, often referred to as Miami-Cass REMC, is a dedicated organization committed to delivering electricity to its rural members at reasonable costs. The corporation's primary mission is to ensure a dependable electrical service, enabling its members to power their homes and businesses sustainably. By providing affordable electricity, Miami-Cass REMC creates an essential foundation for the growth and development of the communities it serves.
In practice, Miami-Cass REMC goes beyond merely distributing electricity. The corporation takes pride in delivering electricity in a responsible and reliable manner. By investing in the necessary infrastructure and technology, Miami-Cass REMC's team ensures that the power is always available when needed. This commitment to dependability not only benefits the members but also strengthens the overall economy and quality of life in the rural areas.
Moreover, Miami-Cass REMC is a member-driven organization. This means that the decisions and policies are shaped by the needs and concerns of its members. By closely collaborating with its community, the corporation fosters a spirit of mutual trust and cooperation. This approach not only strengthens the organization but also reinforces the bonds within the rural communities it serves.
In summary, Miami-Cass County Rural Electric Membership Corporation is a vital organization that provides electricity to its rural members at reasonable costs. The corporation's unwavering commitment to dependability and its member-driven approach make it an essential partner in the growth and development of the rural communities it serves.
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Impact
October, 2024
Miami-Cass County Rural Electric Membership Corporation plays a crucial role in delivering reliable electricity to rural communities in Indiana, particularly in and around Peru. By focusing on providing dependable service at reasonable costs, it ensures that its members have access to essential energy resources, which is vital for both residential and economic development.
The cooperative structure embodies a commitment to serving its members effectively, with an emphasis on affordability and reliability. This impact extends beyond just providing electricity; it supports local economies, improves quality of life, and fosters community connectivity. By enhancing energy access, the organization empowers residents and businesses to thrive, contributing significantly to the overall well-being and sustainability of rural areas in the region.
This information is meant to be a general summary of Miami-Cass 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: $49,682
- Program Service Revenue: $17,523,718
- Gross Receipts: $17,911,930
Assets and Liabilities:
- Total Assets: $51,768,475
- Total Liabilities: $25,803,212
- Net Assets: $25,965,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SALES
Revenue
$11,097,006
COMMERCIAL AND INDUSTRIAL SALES
Revenue
$5,181,199
SALES TO PUBLIC BUILDINGS
Revenue
$1,130,409
FORFEITED DISCOUNTS
Revenue
$53,597
MISCELLANEOUS ELETRIC REVENUES
Revenue
$26,260
Organization Details
Founding Year
1939
Phone
(765) 473-6668Principal Officer
Rob Schwartz
Main Address
PO BOX 168, PERU, IN, 46970
Website
www.mcremc.coopNTEE Category
Code: W80 - Public benefit
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