Parke County Rural Electric Membership Corporation

Same As Above

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

EIN: 350568161 ✦ Rockville, IN ✦ Designated as a 501(c)(12)

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Overview

What is Parke County Rural Electric Membership Corporation?

Parke County Rural Electric Membership Corporation, located in Rockville, Indiana, is a nonprofit organization dedicated to distributing electricity to approximately 9,600 members on a cooperative basis. Their mission is to deliver dependable energy and innovative services to their member owners and communities, all at a competitive cost. With a team of 55 employees, they ensure the provision of reliable electricity to the residents of Parke County.


Official website here: www.pcremc.com

What do the Facebook reviews say about Parke County Rural Electric Membership Corporation?

54% of the 26 reviewers on Facebook recommend Parke County Rural Electric Membership Corporation. Here is a summary of their reviews:

The sentiment surrounding this nonprofit appears to be largely negative, particularly regarding customer service. Several reviewers express frustration with the lack of responsiveness and care from the organization, suggesting that they feel trapped by the absence of competition in the area.

Overall, it seems that many individuals have had disappointing experiences with the services provided by Parke County Rural Electric Membership Corporation, leading to a sense of dissatisfaction among a significant portion of their user base.


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

Is Parke County Rural Electric Membership Corporation legitimate?

Parke County Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Parke 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: $1,113,602
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,242,719

For more financial information, click here


Official website here: www.pcremc.com

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

Parke County Rural Electric Membership Corporation is committed to delivering reliable electricity to approximately 9,600 member-owners and communities. Their mission goes beyond just providing power; they aim to offer innovative services at a competitive cost. By operating on a cooperative basis, they prioritize the needs of their members and strive to enhance their quality of life. Their dedication extends beyond electricity distribution, as they continuously seek ways to improve and adapt to the changing energy landscape. Overall, Parke County Rural Electric Membership Corporation prioritizes the satisfaction of its members and the betterment of the communities it serves.


Official website here: www.pcremc.com

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

Keith Blaydes is the President of Parke County Rural Electric Membership Corporation. The CEO's salary of Parke County Rural Electric Membership Corporation is $178,630 and their total compensation is $230,818.


Official website here: www.pcremc.com

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

Parke County Rural Electric Membership Corporation's revenue in 2022 was $29,048,891.


Official website here: www.pcremc.com

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

The average compensation at Parke County Rural Electric Membership Corporation during 2022 was $42,842. There are 55 employees at Parke County Rural Electric Membership Corporation.


Here are 13 key members and their salaries (Parke County Rural Electric Membership Corporation's CEO's salary is $178,630 and their total compensation is $230,818):


Keith Blaydes (President)
  • Compensation: $14,265
  • Related: $0
  • Other: $0
Mark Evans (Vice President)
  • Compensation: $12,235
  • Related: $0
  • Other: $0
Janean Deplanty (Secretary/Treasurer)
  • Compensation: $11,040
  • Related: $0
  • Other: $0
Doug Brown (Director)
  • Compensation: $21,976
  • Related: $0
  • Other: $0
Kevin Cox (Director)
  • Compensation: $23,086
  • Related: $0
  • Other: $0
Shane Johnson (Director)
  • Compensation: $11,680
  • Related: $0
  • Other: $0
Donald Perry Mager (Director)
  • Compensation: $10,960
  • Related: $0
  • Other: $0
Chadd Jenkins (Ceo/General Manager)
  • Compensation: $178,630
  • Related: $0
  • Other: $52,188
Betty Winters (Manager Of Finance & Admin)
  • Compensation: $124,069
  • Related: $0
  • Other: $41,120
Michael Jeffries (Manager Of Operations)
  • Compensation: $116,079
  • Related: $0
  • Other: $53,464
Rylan Carr (Journeyman Lineman)
  • Compensation: $117,008
  • Related: $0
  • Other: $24,468
William Seay (Journeyman Lineman)
  • Compensation: $115,865
  • Related: $0
  • Other: $39,574
Christopher Bosely (Journeyman Lineman)
  • Compensation: $122,005
  • Related: $0
  • Other: $23,890


Official website here: www.pcremc.com

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

Parke County Rural Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pcremc.com

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

Mission Statement of Parke County Rural Electric Membership Corporation

Parke County Rural Electric Membership Corporation, or PCREMC, is dedicated to providing reliable electricity and innovative services to its approximately 9,600 cooperative members and communities. In simpler terms, this nonprofit organization focuses on distributing electricity to a large number of people in a cooperative manner.

PCREMC's primary mission is to ensure that its member owners and communities receive not just electricity, but a high standard of service at competitive costs. The corporation strives to meet the energy needs of its members in an efficient and effective way, while also keeping the costs reasonable. This commitment to affordability and reliability sets PCREMC apart from other electricity providers.

By operating on a cooperative basis, PCREMC is able to foster a strong sense of community among its members. This cooperative model allows the organization to prioritize the needs and concerns of its members, ensuring that they receive the energy solutions they need to power their homes and businesses. Additionally, the corporation's focus on innovation enables it to stay up-to-date with the latest energy technologies and trends, providing its members with access to the most advanced and efficient energy solutions available.

In summary, Parke County Rural Electric Membership Corporation is a mission-driven organization dedicated to providing reliable electricity and innovative services to its cooperative members and communities. Through its commitment to affordability, reliability, and innovation, PCREMC is able to meet the energy needs of its members in a way that fosters community and promotes economic development.

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Impact




October, 2024

Parke County Rural Electric Membership Corporation (PCREMC) plays a vital role in providing reliable electricity to approximately 9,600 members in the Rockville, Indiana area. By operating on a cooperative basis, it ensures that the community has access to essential energy services while promoting member ownership and participation in decision-making processes.

The organization focuses on delivering innovative services at a competitive cost, which not only benefits individual members but also supports the broader community. Its commitment to maintaining reliable energy services contributes to the economic stability and growth of the region, enhancing the quality of life for residents. Through its cooperative model, PCREMC fosters community engagement and collaborative efforts, making a significant impact on local development and sustainability.




This information is meant to be a general summary of Parke 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.

Revenue
$29,048,891 (2022)
Expenses
$29,059,328 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,595
  • Program Service Revenue: $28,057,780
  • Gross Receipts: $29,048,891

Assets and Liabilities:

  • Total Assets: $73,487,954
  • Total Liabilities: $32,590,441
  • Net Assets: $40,897,513

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Programs

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

ELECTRIC SALES

Revenue

$28,057,780

Organization Details

Founding Year

1937

Principal Officer

Keith Blaydes

Main Address

119 WEST HIGH STREET, ROCKVILLE, IN, 478721735

NTEE Category

Code: W80 - Public benefit

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