Form 990 for tax year 2023
Filed by INDIANA STATEWIDE ASSOCIATION OF RURAL ELECTRICS COOPERATIVES INC.
Totals
- Total revenue
- $9,523,311
- Total expenses
- $9,760,351
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $9,431,886
- Investment income
- -$6,625
- Other revenue
- $98,050
- Total assets, end of year
- $9,253,027
- Total liabilities, end of year
- $3,879,785
- Net assets or fund balances, end of year
- $5,373,242
- Program services expenses (Part IX)
- $9,760,351
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $9,760,351
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBER SERVICES
total $4,756,175 · related or exempt $4,756,175
-
2b · Program service revenue: MEM DUES AND ASSESSMEN
total $4,225,700 · related or exempt $4,225,700
-
2c · Program service revenue: IVY TECH - REAP PROGRA
total $450,011 · related or exempt $450,011
-
3 · Investment income
total $5,261 · excluded $5,261
-
7b · Less cost or other basis and sales expenses
other assets $11,886
-
7c · Gain or loss
other assets -$11,886
-
7d · Net gain or loss
total -$11,886 · excluded -$11,886
-
11a · Other revenue: CALENDAR
total $52,377 · related or exempt $52,377
-
11b · Other revenue: ALMANAC
total $22,017 · related or exempt $22,017
-
11c · Other revenue: DIRECTORY
total $20,812 · related or exempt $20,812
-
11d · All other revenue
total $2,844 · related or exempt $2,844
-
11e · Other revenue, total
$98,050
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $3,783,136 · program services $3,783,136
-
8 · Pension plan contributions
total $727,942 · program services $727,942
-
9 · Other employee benefits
total $891,517 · program services $891,517
-
10 · Payroll taxes
total $276,516 · program services $276,516
-
11b · Fees: legal
total $79,789 · program services $79,789
-
11g · Fees: other
total $459,913 · program services $459,913
-
12 · Advertising and promotion
total $15,886 · program services $15,886
-
13 · Office expenses
total $48,425 · program services $48,425
-
14 · Information technology
total $45,638 · program services $45,638
-
16 · Occupancy
total $448,793 · program services $448,793
-
17 · Travel
total $540,161 · program services $540,161
-
19 · Conferences, conventions and meetings
total $158,118 · program services $158,118
-
20 · Interest
total $12,362 · program services $12,362
-
22 · Depreciation, depletion and amortization
total $249,768 · program services $249,768
-
23 · Insurance
total $41,737 · program services $41,737
-
24a · Other expenses: PRINTING COSTS
total $815,338 · program services $815,338
-
24b · Other expenses: MEALS & ENTERTAINMENT
total $244,029 · program services $244,029
-
24c · Other expenses: TRAINING
total $152,657 · program services $152,657
-
24d · Other expenses: TELEPHONE
total $140,287 · program services $140,287
-
24e · All other expenses
total $628,339 · program services $628,339
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,249,729 · end of year $725,899
-
4 · Accounts receivable
beginning of year $1,050,824 · end of year $1,496,851
-
9 · Prepaid expenses and deferred charges
beginning of year $247,603 · end of year $216,876
-
10a · Land, buildings and equipment: cost or other basis
$7,534,012
-
10b · Land, buildings and equipment: accumulated depreciation
$1,122,037
-
10c · Land, buildings and equipment, net
beginning of year $893,567 · end of year $6,411,975
-
12 · Investments: other securities
beginning of year $156,879 · end of year $156,430
-
15 · Other assets
beginning of year $100,000 · end of year $244,996
-
17 · Accounts payable and accrued expenses
beginning of year $1,552,704 · end of year $2,611,820
-
23 · Secured mortgages and notes payable
end of year $1,100,000
-
25 · Other liabilities
beginning of year $535,611 · end of year $167,965
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $5,610,287 · end of year $5,373,242
Mission and programs · 2023
Mission
INDIANA ELECTRIC COOPERATIVES EXISTS TO UNIFY, LEAD, SERVE, AND ADVOCATE FOR OUR MEMBER DISTRIBUTION AND GENERATION AND TRANSMISSION COOPERATIVES
Activities or mission (Part I)
PROVIDING SERVICES TO RURAL ELECTRIC MEMBERSHIP COOPERATIVES
-
PROVIDING SERVICES TO RURAL ELECTRIC MEMBERSHIP COOPERATIVES.
Expenses $9,760,351 · Revenue $9,529,936
As filed on the 2023 return.
Listed in Part VII
-
Bill Knox NobleBILL KNOX NOBLE
DIRECTOR
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Brent Creek - NewtonBRENT CREEK - NEWTON
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Brian Hawkins Orange CountyBRIAN HAWKINS ORANGE COUNTY
DIRECTOR
- Total calculated
- $2,800
- From this org
- $2,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Bruce Hamlin South CentralBRUCE HAMLIN SOUTH CENTRAL
DIRECTOR
- Total calculated
- $3,850
- From this org
- $3,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.2
-
D'Ann Stouffer HeartlandD'ANN STOUFFER HEARTLAND
DIRECTOR
- Total calculated
- $3,800
- From this org
- $3,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6
-
Dave Thomas HendricksDAVE THOMAS HENDRICKS
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
David Duttlinger Jasper CountyDAVID DUTTLINGER JASPER COUNTY
DIRECTOR
- Total calculated
- $7,250
- From this org
- $7,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.5
-
David Rudolph DuboisDAVID RUDOLPH DUBOIS
DIRECTOR
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.5
-
Dwayne Akers WarrenDWAYNE AKERS WARREN
DIRECTOR
- Total calculated
- $1,350
- From this org
- $1,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Garry Sayne WhitewaterGARRY SAYNE WHITEWATER
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Gary Gerlach Carroll WhiteGARY GERLACH CARROLL WHITE
DIRECTOR
- Total calculated
- $3,350
- From this org
- $3,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.4
-
Harley Drake Win EnergyHARLEY DRAKE WIN ENERGY
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Jamey Marcum Henry CountyJAMEY MARCUM HENRY COUNTY
DIRECTOR
- Total calculated
- $6,300
- From this org
- $6,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Jeff Brill LagrangeJEFF BRILL LAGRANGE
DIRECTOR
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Joe Kruyer NortheasternJOE KRUYER NORTHEASTERN
DIRECTOR
- Total calculated
- $5,050
- From this org
- $5,050
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.1
-
Leander Hoover FultonLEANDER HOOVER FULTON
DIRECTOR
- Total calculated
- $2,350
- From this org
- $2,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.25
-
Lynn Beck TipmontLYNN BECK TIPMONT
DIRECTOR
- Total calculated
- $3,600
- From this org
- $3,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Marc Nelson SteubenMARC NELSON STEUBEN
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Mark Evans Parke CountyMARK EVANS PARKE COUNTY
DIRECTOR
- Total calculated
- $3,750
- From this org
- $3,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mark Nigh RushshelbyMARK NIGH RUSHSHELBY
DIRECTOR
- Total calculated
- $4,500
- From this org
- $4,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Melissa Menchhofer SoutheasternMELISSA MENCHHOFER SOUTHEASTERN
DIRECTOR
- Total calculated
- $6,750
- From this org
- $6,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Michael Yankauskas Kankakee ValleyMICHAEL YANKAUSKAS KANKAKEE VALLEY
DIRECTOR
- Total calculated
- $3,750
- From this org
- $3,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8
-
Mike Williams UdwiMIKE WILLIAMS UDWI
DIRECTOR
- Total calculated
- $2,250
- From this org
- $2,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Ray Kerkhoff NinestarRAY KERKHOFF NINESTAR
DIRECTOR
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.5
-
Ron Arnholt BartholomewRON ARNHOLT BARTHOLOMEW
DIRECTOR
- Total calculated
- $5,250
- From this org
- $5,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Ronald Smithson Jay CountyRONALD SMITHSON JAY COUNTY
DIRECTOR
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.5
-
Seth Brown Jc RemcSETH BROWN JC REMC
DIRECTOR
- Total calculated
- $450
- From this org
- $450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.5
-
Steve Amrhein DecaturSTEVE AMRHEIN DECATUR
DIRECTOR
- Total calculated
- $3,800
- From this org
- $3,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.5
-
Steve Miner KosciuskoSTEVE MINER KOSCIUSKO
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Terry Chapman Daviess MartinTERRY CHAPMAN DAVIESS MARTIN
DIRECTOR
- Total calculated
- $3,150
- From this org
- $3,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.3
-
Todd Smith Miami-CassTODD SMITH MIAMI-CASS
DIRECTOR
- Total calculated
- $2,250
- From this org
- $2,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Tom Dull BooneTOM DULL BOONE
DIRECTOR
- Total calculated
- $7,250
- From this org
- $7,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Walter Hunter Jackson CountyWALTER HUNTER JACKSON COUNTY
DIRECTOR
- Total calculated
- $2,700
- From this org
- $2,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.5
-
Dave Walther HarrisonDAVE WALTHER HARRISON
DIRECTOR
- Total calculated
- $1,800
- From this org
- $1,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $1,800
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $1,800
-
Jeff Myers ClarkJEFF MYERS CLARK
DIRECTOR
- Total calculated
- $4,600
- From this org
- $4,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $4,600
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $4,600
-
Randy Kleaving Southern Indiana PowRANDY KLEAVING SOUTHERN INDIANA POW
PRESIDENT
- Total calculated
- $15,335
- From this org
- $15,335
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4
-
Richard Leeper MarshallRICHARD LEEPER MARSHALL
SECRETARY/TREASURER
- Total calculated
- $14,550
- From this org
- $14,550
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9
-
Steve McMichael Paulding PutnamSTEVE MCMICHAEL PAULDING PUTNAM
VICE PRESIDENT
- Total calculated
- $18,950
- From this org
- $18,950
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
John CassadyJOHN CASSADY
CEO
- Total calculated
- $397,130
- From this org
- $259,926
- From related orgs
- $0
- Other
- $137,204
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $259,926
- Bonus
- $0
- Other
- $0
- Deferred
- $110,265
- Nontaxable benefits
- $26,939
- Filer's total
- $397,130
-
Deirdre TiernanDEIRDRE TIERNAN
CFO & COO
- Total calculated
- $339,155
- From this org
- $226,811
- From related orgs
- $0
- Other
- $112,344
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $226,811
- Bonus
- $0
- Other
- $0
- Deferred
- $90,332
- Nontaxable benefits
- $22,012
- Filer's total
- $339,155
-
Amanda BarthAMANDA BARTH
EMPLOYEE
- Total calculated
- $230,642
- From this org
- $155,304
- From related orgs
- $0
- Other
- $75,338
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,304
- Bonus
- $0
- Other
- $0
- Deferred
- $37,770
- Nontaxable benefits
- $37,568
- Filer's total
- $230,642
-
Jealeania MorrisJEALEANIA MORRIS
EMPLOYEE
- Total calculated
- $219,874
- From this org
- $162,455
- From related orgs
- $0
- Other
- $57,419
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,455
- Bonus
- $0
- Other
- $0
- Deferred
- $30,054
- Nontaxable benefits
- $27,365
- Filer's total
- $219,874
-
Jon ElkinsJON ELKINS
EMPLOYEE
- Total calculated
- $321,255
- From this org
- $176,489
- From related orgs
- $0
- Other
- $144,766
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,489
- Bonus
- $0
- Other
- $0
- Deferred
- $111,541
- Nontaxable benefits
- $33,225
- Filer's total
- $321,255
-
Adam LockADAM LOCK
EMPLOYEE
- Total calculated
- $220,939
- From this org
- $131,648
- From related orgs
- $0
- Other
- $89,291
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,648
- Bonus
- $0
- Other
- $0
- Deferred
- $55,610
- Nontaxable benefits
- $33,681
- Filer's total
- $220,939
-
Chris GearldCHRIS GEARLD
EMPLOYEE
- Total calculated
- $187,529
- From this org
- $126,629
- From related orgs
- $0
- Other
- $60,900
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,629
- Bonus
- $0
- Other
- $0
- Deferred
- $27,854
- Nontaxable benefits
- $33,046
- Filer's total
- $187,529
-
Debra HunterDEBRA HUNTER
EMPLOYEE
- Total calculated
- $200,390
- From this org
- $123,001
- From related orgs
- $0
- Other
- $77,389
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $123,001
- Bonus
- $0
- Other
- $0
- Deferred
- $50,246
- Nontaxable benefits
- $27,143
- Filer's total
- $200,390
-
Greg PembertonGREG PEMBERTON
EMPLOYEE
- Total calculated
- $187,473
- From this org
- $129,799
- From related orgs
- $0
- Other
- $57,674
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,799
- Bonus
- $0
- Other
- $0
- Deferred
- $24,568
- Nontaxable benefits
- $33,106
- Filer's total
- $187,473
-
Marty JonesMARTY JONES
EMPLOYEE
- Total calculated
- $195,758
- From this org
- $127,190
- From related orgs
- $0
- Other
- $68,568
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,190
- Bonus
- $0
- Other
- $0
- Deferred
- $36,051
- Nontaxable benefits
- $32,517
- Filer's total
- $195,758
-
Paul Graf ClarkPAUL GRAF CLARK
FORMER DIRECTOR
- Total calculated
- $450
- From this org
- $450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
Schedule J breakdown matched by us
- Base
- $450
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $450
-
Patrick Book HarrisonPATRICK BOOK HARRISON
FORMER DIRECTOR
- Total calculated
- $900
- From this org
- $900
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.15
Schedule J breakdown matched by us
- Base
- $900
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $900
-
Glenn McAplin Jc RemcGLENN MCAPLIN JC REMC
FORMER DIRECTOR
- Total calculated
- $2,250
- From this org
- $2,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.46
Schedule J breakdown matched by us
- Base
- $2,250
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $2,250
-
Mark Hahn Miami-CassMARK HAHN MIAMI-CASS
FORMER DIRECTOR
- Total calculated
- $1,350
- From this org
- $1,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $1,350
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $1,350
-
Thomas Leak WarrenTHOMAS LEAK WARREN
FORMER DIRECTOR
- Total calculated
- $1,350
- From this org
- $1,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $1,350
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $1,350
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412219349301771
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