NonprofitsNoble County Rural Electric Membership Corp

Noble County Rural Electric Membership Corp

ALBION, IN

Total revenue

$27.2M

Total expenses

$26.1M

Net assets

$28.6M

Grants received

EIN

350549925

Tax year

2024

Mission

As a member-owned, not-for-profit service organization, our mission is to provide affordable, reliable and safe electric service to our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$26.1M
Investment income$108K
Other revenue$1.0M
Total revenue$27.2M

Expenses

Grants paid
Salaries & benefits$3.6M
Fundraising
Other expenses$22.1M
Total expenses$26.1M
Total assets$44.9M
Net assets$28.6M

People

16 listed

NameRoleCompensation

RONALD RAYPOLE

PRESIDENT & CEO

Board

$253K

50 hrs/wk

DOUG BURNWORTH

VICE CHAIRMAN

Board

$13K

8.5 hrs/wk

WILLIAM KNOX

TREASURER

Board

$11K

4.7 hrs/wk

RICHARD ROBERTSON

CHAIRMAN

Board

$11K

4.1 hrs/wk

JOE HUTSELL

DIRECTOR

Board

$11K

4.2 hrs/wk

JAY WYSONG

DIRECTOR

Board

$11K

3.6 hrs/wk

GEORGE BENNETT

DIRECTOR

Board

$10K

4.6 hrs/wk

LARRY OTT

DIRECTOR

Board

$10K

4.1 hrs/wk

ANDREW STRACK

SECRETARY

Board

$10K

2.9 hrs/wk

MARK DEMSKE

DIRECTOR

Board

$9K

4.9 hrs/wk

DOUGLAS DICKMEYER

MANAGER OF OPERATIONS

Staff

$159K

50 hrs/wk

ADAM CHITWOOD

MANAGER OF FINANCE/ACCOUNTING

Staff

$133K

45 hrs/wk

DOUGLAS EGGL

LINEMAN

Staff

$127K

46 hrs/wk

SARAH DREIBELBIS

MANAGER OF IT, BILLING & MEMBER RELATIONS

Staff

$115K

45 hrs/wk

ROB HAUCK

LINE FOREMAN

Staff

$109K

45 hrs/wk

KEVIN DRIEBELBIS

COMMUNICATIONS & MARKETING MANAGER

Staff

$107K

45 hrs/wk

Details

EIN350549925
Subsection12
Ruling date1937-10
Formed1936
Employees36
Volunteers0
NOBLE COUNTY RURAL ELECTRIC MEMBERSHIP CORP — Mission, Financials & Grants Received | Grantivo