NonprofitsBoone County Rural Electric Membership Corp

Boone County Rural Electric Membership Corp

LEBANON, IN

Total revenue

$76.5M

Total expenses

$63.8M

Net assets

$87.8M

Grants received

EIN

350188040

Tax year

2024

Mission

Providing our members energy-related services in a safe, dependable, and reasonably priced manner.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$73.5M
Investment income$580K
Other revenue$2.5M
Total revenue$76.5M

Expenses

Grants paid
Salaries & benefits$4.0M
Fundraising
Other expenses$59.7M
Total expenses$63.8M
Total assets$176.3M
Net assets$87.8M

People

18 listed

NameRoleCompensation

WILLIAM CONLEY

CEO/PRESIDENT

Board

$351K

40 hrs/wk

JEANETTE JOHNSON

VP OF CORPORATE SERVICES/CFO

Board

$185K

40 hrs/wk

NOEL KENDALL

CHAIRMAN

Board

$23K

8.58 hrs/wk

THOMAS DULL

VICE-CHAIRMAN

Board

$22K

3.84 hrs/wk

JON STEVENS

DIRECTOR

Board

$21K

6.04 hrs/wk

ALAN CRAGUN

DIRECTOR

Board

$19K

5.44 hrs/wk

BRUCE GUERNSEY

DIRECTOR

Board

$17K

4.13 hrs/wk

MARK GRUNINGER

SECRETARY/TREASURER

Board

$17K

3.38 hrs/wk

MARK STARKEY

DIRECTOR

Board

$15K

3.25 hrs/wk

DANNY LAWSON

DIRECTOR

Board

$15K

1.67 hrs/wk

BRIAN GOTT

DIRECTOR

Board

$14K

4.49 hrs/wk

G TOM TAYLOR

DIRECTOR

Board

$5K

1.59 hrs/wk

COREY WILLIS

VP OF CORPORATE DEVELOPMENT & TECHNOLOGY

Staff

$184K

40 hrs/wk

JEFFERY DICKERSON

VP OF OPERATIONS

Staff

$176K

40 hrs/wk

ALLEN JONES

VP OF ENGINEERING SERVICES

Staff

$175K

40 hrs/wk

BENJAMIN DUKE

ACCOUNTING MANAGER

Staff

$144K

40 hrs/wk

GERALD LASLEY

CONSTRUCTION & STAKING SERVICES COORDINATOR

Staff

$142K

40 hrs/wk

PAM WARMOTH

EXECUTIVE ASSISTANT & HR COORDINATOR

Staff

$139K

40 hrs/wk

Independent contractors

ELECTRICOM LLC

CONTRACTOR

$780K

CO-ALLIANCE COOPERATIVE INC

FUEL

$124K

Details

EIN350188040
Subsection12
Ruling date1938-06
Formed1936
Employees57
Volunteers0
BOONE COUNTY RURAL ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo