Western Indiana Energy Remc

Win Energy Remc

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

EIN: 352025174 ✦ Vincennes, IN ✦ Designated as a 501(c)(12)

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Overview

What is Western Indiana Energy Remc?

Western Indiana Energy Remc, also known as WIN Energy Remc, is a cooperative nonprofit organization based in Vincennes, Indiana. Their primary mission is to distribute electricity to approximately 12,700 members, providing safe and reliable electric service at an optimal value. With a team of 59 employees, they prioritize community support alongside their essential operations.


Official website here: www.winenergyremc.com

Is Western Indiana Energy Remc legitimate?

Western Indiana Energy Remc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Western Indiana Energy 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: $1,874,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,225,854

For more financial information, click here


Official website here: www.winenergyremc.com

What is the mission statement of Western Indiana Energy Remc?

Western Indiana Energy REMC is committed to providing safe and reliable electric service to approximately 12,700 member-consumers at the best value. The cooperative strives to deliver electricity in a manner that supports the communities it serves. Its mission goes beyond just supplying electricity; it aims to do so in a cost-effective manner.


Official website here: www.winenergyremc.com

Who is the CEO of Western Indiana Energy Remc?

Thomas L Nowaskie is the Chairman of Western Indiana Energy Remc. The CEO's salary of Western Indiana Energy Remc is $330,645 and their total compensation is $464,939.


Official website here: www.winenergyremc.com

What is the revenue of Western Indiana Energy Remc?

Western Indiana Energy Remc's revenue in 2022 was $70,143,410.


Official website here: www.winenergyremc.com

Who are the executives of Western Indiana Energy Remc and what are their salaries?

The average compensation at Western Indiana Energy Remc during 2022 was $69,494. There are 59 employees at Western Indiana Energy Remc.


Here are 14 key members and their salaries (Western Indiana Energy Remc's CEO's salary is $330,645 and their total compensation is $464,939):


Harley Drake (Chairman)
  • Compensation: $13,200
  • Related: $0
  • Other: $0
Marion Jochim (Vice-Chairman)
  • Compensation: $14,250
  • Related: $0
  • Other: $0
Phillip Carter (Secretary)
  • Compensation: $12,800
  • Related: $0
  • Other: $0
Randall Kuppler (Treasurer)
  • Compensation: $13,100
  • Related: $0
  • Other: $0
Chad Thomas (Director)
  • Compensation: $11,950
  • Related: $0
  • Other: $0
Barry Bane (Director)
  • Compensation: $13,700
  • Related: $0
  • Other: $0
Marlin Dreiman (Director)
  • Compensation: $12,675
  • Related: $0
  • Other: $0
Thomas Nowaskie (Chief Executive Officer)
  • Compensation: $330,645
  • Related: $0
  • Other: $134,294
Leslie Beard (Chief Operating Officer)
  • Compensation: $179,166
  • Related: $0
  • Other: $105,122
Christopher Claybrooks (Director Of Operations)
  • Compensation: $150,220
  • Related: $0
  • Other: $54,860
Eileen Goodwin (Director Of Finance)
  • Compensation: $141,412
  • Related: $0
  • Other: $154,765
Scott Adkins (Lead Line Specialist)
  • Compensation: $130,577
  • Related: $0
  • Other: $54,396
Chance Kelley (Line Specialist)
  • Compensation: $141,549
  • Related: $0
  • Other: $34,492
Ryan Kimbrel (Lead Line Specialist)
  • Compensation: $134,288
  • Related: $0
  • Other: $36,828


Official website here: www.winenergyremc.com

Where can I find the form 990 for Western Indiana Energy Remc?

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


Official website here: www.winenergyremc.com

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

Mission Statement of Western Indiana Energy Remc

Western Indiana Energy REMC, a cooperative entity, is dedicated to providing safe and reliable electric service to approximately 12,700 members. The mission of this organization goes beyond just supplying electricity; it aims to deliver this essential resource at the best value to its consumer-members. Western Indiana Energy REMC is committed to supporting the communities it serves, ensuring a consistent power supply that contributes positively to the daily lives of its members.

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Impact




October, 2024

Western Indiana Energy REMC plays a crucial role in providing reliable electricity to approximately 12,700 members in the Vincennes area. Their mission focuses on delivering safe and reliable electric service at the best value for member-consumers, ensuring that the communities they serve have access to essential energy resources. By operating on a cooperative basis, they foster a sense of community and mutual support among their members, reinforcing local economic stability and enhancing overall quality of life. Additionally, their commitment to community support extends beyond just energy distribution, contributing positively to the areas in which they operate.




This information is meant to be a general summary of Western Indiana Energy 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
$70,143,410 (2022)
Expenses
$70,143,410 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45,008
  • Program Service Revenue: $68,080,158
  • Gross Receipts: $70,143,410

Assets and Liabilities:

  • Total Assets: $149,187,847
  • Total Liabilities: $40,817,462
  • Net Assets: $108,370,385

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Programs

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

ELECTRIC REVENUE

Revenue

$68,080,158

Organization Details

Founding Year

1997

Principal Officer

Thomas L Nowaskie

Main Address

3981 S US HIGHWAY 41, VINCENNES, IN, 475917438

NTEE Category

Code: W80 - Public benefit

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