Northeastern Rural Electric Membership Corporation

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

EIN: 350756490 ✦ Columbia city, IN ✦ Designated as a 501(c)(12)

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Overview

What is Northeastern Rural Electric Membership Corporation?

Northeastern Rural Electric Membership Corporation is a cooperative based in Columbia City, Indiana. Their primary mission is to provide electricity to rural communities in six Indiana counties, including Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. This nonprofit electric distribution organization is dedicated to delivering essential power to the residents of these counties. Their focus is strictly on electricity distribution and serving the rural population in these regions.


Official website here: www.nremc.com

What are the reviews and ratings of this charity?

Northeastern Rural Electric Membership Corporation is not currently rated by Charity Navigator because it is not a 501(c)(3) IRS registered nonprofit, which excludes it from evaluations based on Accountability & Finance or other beacon scores. This absence of a rating is not inherently positive or negative but indicates a lack of evaluation due to its nonprofit status type.

Historically, any rating would have predominantly focused on Accountability and Finance, but current methodologies on impact and other qualitative measures are not applicable. As an independent organization, it operates outside any larger affiliated groups, which limits comparative evaluations typically seen in larger networks of nonprofits.

No user reviews are available from GreatNonprofits, leaving a gap in qualitative feedback from community interactions and service recipients. This lack of external input may challenge potential supporters or stakeholders in understanding user satisfaction and community impact.


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

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

84% of the 12 reviewers on Facebook recommend Northeastern Rural Electric Membership Corporation. Here is a summary of their reviews:

While many users share generally positive experiences with the nonprofit, some concerns have been raised regarding property damage. A particular reviewer expressed strong dissatisfaction, labeling their experience as unfortunate and criticizing the organization harshly. Despite this negative feedback, the overall sentiment appears to lean towards approval, indicating that a majority of reviewers find the services provided satisfactory.

Overall, most participants feel that Northeastern Rural Electric Membership Corporation meets their needs, although it’s essential to consider the few voices that reflect significant discontent. Balancing these perspectives can provide a fuller understanding of the organization's reputation among its customers.


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

Is Northeastern Rural Electric Membership Corporation legitimate?

Northeastern Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northeastern 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: $585,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,630,545

For more financial information, click here


Official website here: www.nremc.com

What is the mission statement of Northeastern Rural Electric Membership Corporation?

Northeastern Rural Electric Membership Corporation is dedicated to delivering electricity to residents in rural areas of six Indiana counties: Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. The corporation focuses primarily on the distribution of electricity to ensure that communities in these areas have access to this essential resource. The mission of Northeastern Rural Electric Membership Corporation is to provide reliable electricity to its members, ensuring their homes and businesses have the power they need to thrive. The cooperative is committed to delivering affordable electricity while maintaining a strong commitment to customer service and community engagement. The corporation's dedicated team of professionals works tirelessly to maintain and upgrade the electrical infrastructure, ensuring that power is delivered efficiently and safely to every member. Northeastern Rural Electric Membership Corporation is a vital resource for the communities it serves, providing the foundation for economic growth, educational opportunities, and improved quality of life.


Official website here: www.nremc.com

Who is the CEO of Northeastern Rural Electric Membership Corporation?

Eric Jung is the President & of Northeastern Rural Electric Membership Corporation.


Official website here: www.nremc.com

What is the revenue of Northeastern Rural Electric Membership Corporation?

Northeastern Rural Electric Membership Corporation's revenue in 2022 was $148,636,885.


Official website here: www.nremc.com

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

The average compensation at Northeastern Rural Electric Membership Corporation during 2022 was $82,940. There are 87 employees at Northeastern Rural Electric Membership Corporation.


Here are 14 key members and their salaries:


Eric Jung (President &)
  • Compensation: $336,170
  • Related: $0
  • Other: $96,190
Jaime Walker (Vp Member Se)
  • Compensation: $143,985
  • Related: $0
  • Other: $63,253
James Eitsert (Vp Distribut)
  • Compensation: $179,984
  • Related: $0
  • Other: $51,246
Scott I Snyder (Line Foreman)
  • Compensation: $145,413
  • Related: $0
  • Other: $47,985
Audra Uher (Cfo)
  • Compensation: $161,420
  • Related: $0
  • Other: $59,042
Robert Higgins (Chair)
  • Compensation: $21,200
  • Related: $0
  • Other: $0
Douglas Schrader (V. Chair)
  • Compensation: $16,600
  • Related: $200
  • Other: $0
Ingrid Tippmann Nicholson (Secretary)
  • Compensation: $21,800
  • Related: $0
  • Other: $0
Thomas Western (Treasurer)
  • Compensation: $15,300
  • Related: $200
  • Other: $0
Joseph Kruyer (Board Member)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Cathy Egolf (Board Member)
  • Compensation: $17,150
  • Related: $0
  • Other: $0
Erik Linnemeier (Board Member)
  • Compensation: $16,400
  • Related: $0
  • Other: $0
Jeremy Mcclish (Board Member)
  • Compensation: $17,000
  • Related: $0
  • Other: $0
Gary Gorrell (Board Member)
  • Compensation: $5,800
  • Related: $0
  • Other: $0


Official website here: www.nremc.com

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

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


Official website here: www.nremc.com

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

Mission Statement of Northeastern Rural Electric Membership Corporation

Northeastern Rural Electric Membership Corporation, a Cooperative based in Indiana, is dedicated to delivering electricity to rural communities in six counties: Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. Their primary focus lies in the distribution of electrical power, ensuring that residents in these areas have access to reliable and essential energy services. By doing so, they enhance the quality of life and support the economic development of the communities they serve. Through their commitment to electricity distribution, Northeastern Rural Electric Membership Corporation plays a pivotal role in enabling rural households and businesses to thrive.

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Impact




October, 2024

Northeastern Rural Electric Membership Corporation plays a crucial role in providing reliable electricity to rural communities across six Indiana counties: Whitley, Allen, Huntington, Wabash, Noble, and Kosciusko. By delivering power to these areas, it ensures that residents and businesses have access to essential energy services, promoting economic development and enhancing the quality of life.

The cooperative focuses on meeting the needs of its members by offering tailored programs and services that support energy distribution. Its commitment to serving rural populations helps bridge the gap often faced in less urbanized areas, where access to electricity can be limited. This vital service not only fosters community growth but also brings opportunities for modernization and sustainability.

Situated in Columbia City, IN, Northeastern Rural Electric Membership Corporation is dedicated to the mission of empowering its member communities by providing dependable electric service. Its impact extends beyond mere electricity delivery, as it contributes to the overall resilience and vibrancy of rural Indiana.




This information is meant to be a general summary of Northeastern 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
$148,636,885 (2022)
Expenses
$144,784,808 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $175,776
  • Program Service Revenue: $147,866,391
  • Gross Receipts: $148,667,397

Assets and Liabilities:

  • Total Assets: $169,828,960
  • Total Liabilities: $106,072,973
  • Net Assets: $63,755,987

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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

$147,866,391

Organization Details

Founding Year

1936

Principal Officer

Eric Jung

Main Address

4901 EAST PARK 30 DRIVE, COLUMBIA CITY, IN, 46725

NTEE Category

Code: W80 - Public benefit

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