Overview
What is Rushshelby Energy Rural Electric Membership Corporation?
Rushshelby Energy Rural Electric Membership Corporation is a nonprofit organization that specializes in distributing electricity and related services to its rural members. Through their cooperative mission, they provide sales of electricity and necessary equipment to ensure efficient energy usage. Their primary focus lies in serving the needs of rural communities.
Official website here: www.rse.coop
Is Rushshelby Energy Rural Electric Membership Corporation legitimate?
Rushshelby Energy Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rushshelby Energy 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: $1,530,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $888,635
For more financial information, click here
Official website here: www.rse.coop
What is the mission statement of Rushshelby Energy Rural Electric Membership Corporation?
Rushshelby Energy Rural Electric Membership Corporation serves as a distribution cooperative, delivering electricity and essential services to its rural members. The cooperative's primary mission revolves around providing electricity sales and related equipment, ensuring the communities it serves remain connected and powered. The organization's focus is on catering to the unique needs of rural customers through its distribution electric cooperative mission. By delivering electricity and services, Rushshelby Energy contributes to enhancing the quality of life for its members and fostering sustainable development in rural areas. Additionally, the cooperative is dedicated to maintaining a strong commitment to its members, prioritizing their needs and ensuring their access to reliable energy solutions.
Official website here: www.rse.coop
Who is the CEO of Rushshelby Energy Rural Electric Membership Corporation?
Chris Chastain is the CEO of Rushshelby Energy Rural Electric Membership Corporation The CEO's salary of Rushshelby Energy Rural Electric Membership Corporation is $206,022 and their total compensation is $290,740.
Official website here: www.rse.coop
What is the revenue of Rushshelby Energy Rural Electric Membership Corporation?
Rushshelby Energy Rural Electric Membership Corporation's revenue in 2023 was $55,792,578.
Official website here: www.rse.coop
Who are the executives of Rushshelby Energy Rural Electric Membership Corporation and what are their salaries?
The average compensation at Rushshelby Energy Rural Electric Membership Corporation during 2023 was $45,645. There are 53 employees at Rushshelby Energy Rural Electric Membership Corporation.
Here are 16 key members and their salaries (Rushshelby Energy Rural Electric Membership Corporation's CEO's salary is $206,022 and their total compensation is $290,740):
- Compensation: $11,000
- Related: $0
- Other: $0
- Compensation: $10,400
- Related: $0
- Other: $0
- Compensation: $10,550
- Related: $0
- Other: $0
- Compensation: $9,800
- Related: $0
- Other: $0
- Compensation: $10,600
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $12,400
- Related: $0
- Other: $0
- Compensation: $12,350
- Related: $0
- Other: $0
- Compensation: $9,050
- Related: $0
- Other: $0
- Compensation: $206,022
- Related: $0
- Other: $84,718
- Compensation: $112,084
- Related: $0
- Other: $58,968
- Compensation: $153,091
- Related: $0
- Other: $48,855
- Compensation: $141,215
- Related: $0
- Other: $67,913
- Compensation: $136,565
- Related: $0
- Other: $67,202
- Compensation: $133,489
- Related: $0
- Other: $53,575
- Compensation: $126,249
- Related: $0
- Other: $45,080
Official website here: www.rse.coop
Where can I find the form 990 for Rushshelby Energy Rural Electric Membership Corporation?
Rushshelby Energy Rural Electric Membership Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rse.coop
Learn more at the official website: www.rse.coop
Mission Statement of Rushshelby Energy Rural Electric Membership Corporation
Rushshelby Energy, a distribution electric cooperative, is dedicated to providing electricity and essential services to the members of its rural electric membership cooperative. This nonprofit organization's primary mission is to distribute electricity and related equipment, ensuring access to this essential resource for those living in rural areas.
At the heart of Rushshelby Energy's mission lies its commitment to serving its members. As a cooperative, the organization is member-owned and operated, with a deep-rooted focus on community and connection. By supplying electricity and necessary services, Rushshelby Energy empowers its members to build and maintain their homes, farms, and businesses.
Rushshelby Energy's programs are tailored to meet the unique needs of rural customers. Through its distribution electric cooperative mission, the organization not only delivers electricity but also strives to ensure that its members receive reliable and efficient services. This commitment to excellence is what sets Rushshelby Energy apart, making it an indispensable partner in the lives of those it serves.
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Impact
October, 2024
Rushshelby Energy Rural Electric Membership Corporation significantly enhances the quality of life for rural communities by providing reliable electricity and essential services to its members. Located in Manilla, Indiana, the cooperative focuses on meeting the needs of its rural customers, ensuring they have access to electricity and related equipment necessary for modern living.
By operating as a distribution electric cooperative, Rushshelby Energy plays a crucial role in supporting economic development in the region. This includes facilitating local businesses and industries that depend on a stable energy supply. The cooperative's commitment to its members fosters a sense of community and collaboration, empowering residents to invest in their homes and local economies.
Furthermore, Rushshelby Energy’s programs are designed with the specific challenges of rural areas in mind, aiming to improve energy accessibility and efficiency. Their efforts not only promote sustainability but also help to minimize energy costs for members, ultimately contributing to the public benefit and enhancing the overall well-being of the community.
This information is meant to be a general summary of Rushshelby Energy 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 2023.
- Investment Income: $214,782
- Program Service Revenue: $54,021,730
- Gross Receipts: $56,004,274
Assets and Liabilities:
- Total Assets: $106,961,014
- Total Liabilities: $57,584,673
- Net Assets: $49,376,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$53,717,693
PENALTIES AND MISC REVENUE
Revenue
$304,037
Organization Details
Founding Year
1999
Principal Officer
Sam Kinder
Website
www.rse.coopNTEE Category
Code: W80 - Public benefit
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