NonprofitsJohnson County Rural Elec Mem Corp

Johnson County Rural Elec Mem Corp

FRANKLIN, IN

Total revenue

$76.7M

Total expenses

$73.8M

Net assets

$99.0M

Grants received

EIN

350424700

Tax year

2024

Mission

To safely and efficiently provide reliable electric services for the community

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$74.0M
Investment income$559K
Other revenue$2.1M
Total revenue$76.7M

Expenses

Grants paid
Salaries & benefits$6.5M
Fundraising
Other expenses$67.3M
Total expenses$73.8M
Total assets$202.7M
Net assets$99.0M

People

15 listed

NameRoleCompensation

JOHN STURM

CEO

Board

$382K

43.2 hrs/wk

TERRY MILLER

VP of Finance

Board

$203K

43.4 hrs/wk

KEVIN SHELLEY

VP of Engineering

Board

$184K

42.5 hrs/wk

SETH BROWN

SecretaryTreasurer

Board

$30K

8 hrs/wk

STEPHEN WATSON

Vice President

Board

$28K

5.5 hrs/wk

LEE ANN WILBUR

President

Board

$26K

5.9 hrs/wk

RONALD BARNETT

Board of Director

Board

$24K

6.6 hrs/wk

DENNIS STEWART

Board of Director

Board

$23K

3 hrs/wk

JAMIE MEREDITH

Board of Director

Board

$23K

5.8 hrs/wk

GLENN MCALPIN

Board of Director

Board

$22K

4.1 hrs/wk

NICK STAINBROOK

Director of Operations

Staff

$157K

42.8 hrs/wk

SHAWN FRYE

Director of Technology

Staff

$144K

41.8 hrs/wk

STEVEN STOUT

Journeyman Lineman

Staff

$144K

49.6 hrs/wk

SAMUEL WOOD

Journeyman Lineman

Staff

$139K

49.4 hrs/wk

DANIEL CORTHELL

Journeyman Lineman

Staff

$134K

47.7 hrs/wk

Independent contractors

Stella Energy Solutions

Distributed Energy

$12.3M

Hoosier Edison Line Co

Utility line contractor

$2.5M

G&G Underground Const

Utility line construction

$1.4M

Asplundh Tree Expert LLC

Tree trimming

$934K

Mark It Right LLC

Utility locating

$712K

Details

EIN350424700
Subsection12
Ruling date1937-10
Formed1936
Employees78
JOHNSON COUNTY RURAL ELEC MEM CORP — Mission, Financials & Grants Received | Grantivo