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HENRY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

EIN 35-0377085 NEW CASTLE, IN

Largest nonprofits in Indiana

Revenue 2024
$32,627,865
Expenses 2024
$32,627,865

As filed

Subsection
12
Classification
1000
Street
PO BOX D

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

PROVIDE RELIABLE, SAFE AND COST-COMPETITIVE ELECTRIC SERVICE TO ENHANCE THE LIVES OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.

Activities or mission (Part I)

DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 7,800 MEMBERS ON A COOPERATIVE BASIS.

  • DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 7,800 MEMBERS ON A COOPERATIVE BASIS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • M Shane Young

    PRESIDENT

    Total calculated
    $8,426
    From this org
    $8,426
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.16
  • Jamey Marcum

    VICE PRESIDENT

    Total calculated
    $11,301
    From this org
    $11,301
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.88
  • Curtis Poore

    TREASURER

    Total calculated
    $8,897
    From this org
    $8,897
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.18
  • Joyce Jester

    DIRECTOR

    Total calculated
    $3,859
    From this org
    $3,859
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.91
  • Brian Becker

    DIRECTOR

    Total calculated
    $4,219
    From this org
    $4,219
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.81
  • Robert Craig

    DIRECTOR

    Total calculated
    $3,777
    From this org
    $3,777
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.13
  • Jay Carr

    SECRETARY

    Total calculated
    $10,962
    From this org
    $10,962
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.04
  • Savanah Gibson

    DIRECTOR

    Total calculated
    $3,696
    From this org
    $3,696
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.64
  • Scott Houser

    DIRECTOR

    Total calculated
    $3,977
    From this org
    $3,977
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.13
  • Kerry Glisson

    DIRECTOR

    Total calculated
    $6,957
    From this org
    $6,957
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.21
  • Mike Reynolds

    DIRECTOR

    Total calculated
    $9,536
    From this org
    $9,536
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.35
  • Melissa True

    CEO

    Total calculated
    $300,097
    From this org
    $222,068
    From related orgs
    $0
    Other
    $78,029
    Hours/week
    51.03

    Schedule J breakdown matched by us

    Base
    $222,068
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $78,029
    Filer's total
    $300,097
  • Cody Walker

    EMPLOYEE

    Total calculated
    $168,714
    From this org
    $132,039
    From related orgs
    $0
    Other
    $36,675
    Hours/week
    46.24

    Schedule J breakdown matched by us

    Base
    $132,039
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $36,675
    Filer's total
    $168,714
  • Richard Bryer

    EMPLOYEE

    Total calculated
    $208,958
    From this org
    $144,701
    From related orgs
    $0
    Other
    $64,257
    Hours/week
    48.69

    Schedule J breakdown matched by us

    Base
    $144,701
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $64,257
    Filer's total
    $208,958
  • Adam Warwas

    CHIEF OPERATIONS OFFICER

    Total calculated
    $218,037
    From this org
    $167,264
    From related orgs
    $0
    Other
    $50,773
    Hours/week
    47.9

    Schedule J breakdown matched by us

    Base
    $167,264
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $50,773
    Filer's total
    $218,037
  • Chad Hinesley

    EMPLOYEE

    Total calculated
    $179,635
    From this org
    $132,789
    From related orgs
    $0
    Other
    $46,846
    Hours/week
    50.18

    Schedule J breakdown matched by us

    Base
    $132,789
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $46,846
    Filer's total
    $179,635
  • Wesly Jones

    EMPLOYEE

    Total calculated
    $178,532
    From this org
    $139,390
    From related orgs
    $0
    Other
    $39,142
    Hours/week
    46.08

    Schedule J breakdown matched by us

    Base
    $139,390
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,142
    Filer's total
    $178,532

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $32,627,865
    Expenses
    $32,627,865
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $30,668,882
    Expenses
    $30,668,882
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $26,891,779
    Expenses
    $26,929,478
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $24,960,625
    Expenses
    $24,960,625
    Assets (EOY)
    $59,562,351
  • 2020 · 990

    Revenue
    $24,431,155
    Expenses
    $24,431,155
    Assets (EOY)
    $56,851,799
  • 2019 · 990

    Revenue
    $24,902,289
    Expenses
    $24,902,289
    Assets (EOY)
    $55,097,349
  • 2010 · 990

    Revenue
    not reported
    Expenses
    $17,701,796
    Assets (EOY)
    $26,216,002

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.