NonprofitsFulton County Rural Electric Membership Corporation

Mutual & Membership Benefit

Fulton County Rural Electric Membership Corporation

ROCHESTER, IN

Total revenue

$17.8M

Total expenses

$17.8M

Net assets

$20.4M

Grants received

EIN

350324995

Tax year

2024

Mission

Distribution of electricity to approximately 6,150 members on a cooperative basis

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$17.1M
Investment income$100K
Other revenue$547K
Total revenue$17.8M

Expenses

Grants paid
Salaries & benefits$2.0M
Fundraising
Other expenses$14.3M
Total expenses$17.8M
Total assets$34.2M
Net assets$20.4M

People

14 listed

NameRoleCompensation

ANDREW HORSTMAN

CEO

Board

$171K

50 hrs/wk

ANGELA MILLER

VICE PRESIDENT

Board

$11K

6 hrs/wk

DENNIS BURTON

PRESIDENT

Board

$11K

6 hrs/wk

LEANDER HOOVER

SECRETARY/TREASURER

Board

$10K

5 hrs/wk

ADAM LOEHMER

DIRECTOR

Board

$9K

4 hrs/wk

BROCK SCHWENK

DIRECTOR

Board

$8K

4 hrs/wk

STEPHANIE MCCULLEY

DIRECTOR

Board

$7K

2 hrs/wk

SETH WHITE

DIRECTOR

Board

$5K

2 hrs/wk

BLAIN A HIZER

DIRECTOR

Board

$4K

2 hrs/wk

EVAN WILDERMUTH

JOURNEYMAN LINEMAN

Staff

$127K

40 hrs/wk

FRED MCGLOTHIN

SUPERINTENDENT

Staff

$122K

40 hrs/wk

KELLEY KITCHEN

CFO

Staff

$122K

40 hrs/wk

BRANDON WORTLEY

JOURNEYMAN LINEMAN

Staff

$118K

40 hrs/wk

COLE WALTERS

JOURNEYMAN LINEMAN

Staff

$118K

40 hrs/wk

Independent contractors

ELECTRICOM INC

LINE WORK

$665K

TREE SERVANTS

TREE TRIMMING

$273K

LCB ENTERPRISES INC

CONSTRUCTION

$138K

Details

EIN350324995
NTEE codeY22
Subsection12
Ruling date1937-04
Formed1936
Employees22
Volunteers0
FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo