NonprofitsJay County Rural Electric Membership Corporation

Jay County Rural Electric Membership Corporation

PORTLAND, IN

Total revenue

$24.0M

Total expenses

$21.8M

Net assets

$33.1M

Grants received

EIN

350420975

Tax year

2024

Mission

The most significant activity of the electric cooperative is the distribution of electricity.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$23.0M
Investment income$89K
Other revenue$921K
Total revenue$24.0M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$19.5M
Total expenses$21.8M
Total assets$37.4M
Net assets$33.1M

People

15 listed

NameRoleCompensation

NEIL DRAPER

CEO

Board

$202K

50 hrs/wk

DRURY E HALL

DIRECTOR

Board

$22K

2.25 hrs/wk

KLINT R MOSER

DIRECTOR

Board

$22K

2.19 hrs/wk

KENT K HOMAN

DIRECTOR

Board

$22K

1.12 hrs/wk

RICK A DUES

DIRECTOR

Board

$20K

3.67 hrs/wk

PHILIP J LAUX

DIRECTOR

Board

$13K

2.46 hrs/wk

KENNETH D DENTON

CHAIRMAN

Board

$9K

3.44 hrs/wk

BETHANY G EDWARDS

DIRECTOR

Board

$7K

2.81 hrs/wk

ANGELA S LUTES

DIRECTOR

Board

$4K

1.48 hrs/wk

RONALD SMITHSON

DIRECTOR

Board

$3K

2.75 hrs/wk

DUANE MONROE

WORKING FORE

Staff

$134K

40 hrs/wk

MASON QUICKERY

JOURNEYMAN L

Staff

$131K

40 hrs/wk

JEFFERY MYERS

ENGINEERING

Staff

$124K

40 hrs/wk

DANIEL PAXSON

JOURNEYMAN L

Staff

$120K

40 hrs/wk

RICKY THOMPSON

JOURNEYMAN L

Staff

$113K

40 hrs/wk

Details

EIN350420975
Subsection12
Ruling date1937-10
Formed1936
Employees26
JAY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION — Mission, Financials & Grants Received | Grantivo