Daviess Martin County Rural Electric Membership Corporation

Loogootee, IN
Tax-exempt since Dec. 1939
EIN: 35-0261964

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$44.5M (2023)

Expenses

$41.5M (2023)

Total Assets

$62.6M (2023)

Total Liabilities

$22.1M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$44,489,781

Expenses

$41,546,454

Net Income

$2,943,327

Net Assets

$40,537,027

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$43,153,093	97.0%
Investment Income	$25,982	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,000	0.0%
Net Inventory Sales	$1,802	0.0%
Other Revenue	$1,306,904	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$849,043	2.0%

Assets/Debt
Total Assets	$62,601,202
Total Liabilities	$22,064,175
Net Assets	$40,537,027

Club or Co-Op Income
Income From Members	$43,153,093
Income From Other Sources	$1,336,692

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Ryan Dant (Ceo)	$162,619	$0	$51,759
Steve Emberton (Line Foreman)	$135,250	$0	$43,115
Tyler Bostock (Journey Lineman)	$127,639	$0	$35,140
Alan Sims (Journey Lineman)	$127,101	$0	$40,370
Jordan Kaiser (Journey Lineman)	$126,293	$0	$30,445
Dennis Wilson (Director Of Operations)	$118,107	$0	$51,862
Robert Powell (Director Of System Operations)	$117,775	$0	$50,901
Nathan Albright (Line Superintendent)	$116,179	$0	$43,023
Erica Worland (Cfo)	$114,197	$0	$45,732
D Terry Chapman (Director)	$21,667	$0	$4
Travis Summers (President)	$18,348	$0	$6
Amy Burris (Secretary)	$14,406	$0	$6
John Edwards (Director)	$13,399	$0	$6
Dean Harrawood (Former Director)	$13,232	$0	$13,232
Josh Dove (Treasurer)	$13,165	$0	$6
Brandt Schuckman (Vice President)	$12,352	$0	$6
August Bauer (Director)	$11,890	$0	$3
Dale Marchino (Former Director)	$11,551	$0	$11,551

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990

Filed on May 13, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$39,754,758

Expenses

$38,111,294

Net Income

$1,643,464

Net Assets

$37,136,944

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$38,792,263	97.6%
Investment Income	$24,359	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,969	0.0%
Net Inventory Sales	-$8,211
Other Revenue	$940,378	2.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$829,001	2.2%

Assets/Debt
Total Assets	$61,548,405
Total Liabilities	$24,411,461
Net Assets	$37,136,944

Club or Co-Op Income
Income From Members	$38,792,263
Income From Other Sources	$964,220

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jane Bahler Hurt (Ceo Retired During Year)	$160,201	$0	$53,398
Tyler Bostock (Journey Lineman)	$137,710	$0	$34,193
Nathan Albright (Journey Lineman)	$136,634	$0	$38,247
Steve Emberton (Line Foreman)	$135,160	$0	$41,080
Alan Sims (Journey Lineman)	$128,912	$0	$38,247
Ryan Dant (Ceo)	$125,104	$0	$45,847
Robert Murphy (Journey Lineman)	$118,308	$0	$21,995
Erica Worland (Cfo)	$84,104	$0	$40,001
August Bauer (Director)	$21,212	$0	$3
D Terry Chapman (Director)	$17,776	$0	$4
Travis Summers (President)	$13,848	$0	$6
Brandt Schuckman (Vice President)	$11,185	$0	$6
John Edwards (Director)	$11,072	$0	$6
Josh Dove (Treasurer)	$11,015	$0	$6
Amy Burris (Secretary)	$10,914	$0	$6

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990

Filed on Aug. 21, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$37,042,333

Expenses

$34,943,203

Net Income

$2,099,130

Net Assets

$37,389,815

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,935,545	97.0%
Investment Income	$37,725	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$31,600	0.1%
Net Inventory Sales	-$20,953
Other Revenue	$1,058,416	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$678,192	1.9%

Assets/Debt
Total Assets	$55,417,013
Total Liabilities	$18,027,198
Net Assets	$37,389,815

Club or Co-Op Income
Income From Members	$35,935,546
Income From Other Sources	$1,109,065

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jane Bahler Hurt (General Manager)	$156,970	$0	$55,797
Steve Emberton (Line Foreman)	$122,514	$0	$40,379
Nathan Albright (Lineman)	$120,110	$0	$38,719
Alan Sims (Lineman)	$118,721	$0	$38,719
Tyler Bostock (Lineman)	$112,549	$0	$33,584
Ryan Dant (Director Of Operations)	$112,549	$0	$45,614
D Terry Chapman (Director)	$37,472	$0	$25,130
John Edwards (Treasurer)	$24,392	$0	$16,753
Dean Harrawood (Former Director)	$21,790	$0	$20,708
August Bauer (President)	$21,212	$0	$12,088
Josh Dove (Director)	$13,902	$0	$0
Brandt Schuckman (Vice President)	$12,007	$0	$0
Amy Burris (Director)	$10,698	$0	$0
Travis Summers (Secretary)	$10,652	$0	$0

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990

Filed on July 19, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$35,597,933

Expenses

$34,491,032

Net Income

$1,106,901

Net Assets

$37,771,562

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$34,905,959	98.1%
Investment Income	$46,710	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,500	0.0%
Net Inventory Sales	$4,072	0.0%
Other Revenue	$626,692	1.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$567,894	1.6%

Assets/Debt
Total Assets	$53,226,062
Total Liabilities	$15,454,500
Net Assets	$37,771,562

Club or Co-Op Income
Income From Members	$34,905,959
Income From Other Sources	$691,975

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Arvin (Manager Of Finance)	$146,617	$0	$30,690
Nathan Albright (Lineman)	$113,850	$0	$32,433
Alan Sims (Lineman)	$113,399	$0	$32,433
Tyler Bostock (Lineman)	$112,131	$0	$27,410
William Schmidt (Exec Vp/Gen Manager)	$111,197	$0	$30,690
Steve Emberton (Lineman)	$108,393	$0	$39,093
Caleb Sanders (Lineman)	$107,188	$0	$32,433
Jane Bahler Hurt (Exec Vp/Gen Manager)	$54,811	$0	$17,866
Terry Chapman (Director)	$14,800	$0	$25,134
Steve Streepy (President)	$8,180	$0	$25,137
Travis Summers (Secretary)	$7,924	$0	$6
August Bauer (Vice President)	$6,931	$0	$12,093
John Edwards (Treasurer)	$6,420	$0	$25,137
Brandt Schuckman (Director)	$5,763	$0	$4
Dean Harrawood (Director)	$4,945	$0	$25,137
Dale Marchino (Director)	$3,581	$0	$2,095

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990

Filed on July 28, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$36,353,014

Expenses

$34,957,760

Net Income

$1,395,254

Net Assets

$39,745,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,212,217	96.9%
Investment Income	$181,820	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,900	0.0%
Net Inventory Sales	$5,965	0.0%
Other Revenue	$949,112	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$560,889	1.6%

Assets/Debt
Total Assets	$51,389,248
Total Liabilities	$11,643,736
Net Assets	$39,745,512

Club or Co-Op Income
Income From Members	$35,212,217
Income From Other Sources	$1,140,797

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
William G Schmidt (Exec Vp/Gen Manager)	$152,384	$0	$49,969
Tyler J Bostock (Lineman)	$117,008	$0	$21,823
Nathan R Albright (Lineman)	$113,719	$0	$36,142
Dennis Wilson (Lineman)	$112,804	$0	$36,969
Steve L Emberton (Lineman)	$110,590	$0	$36,142
Caleb Sanders (Lineman)	$107,729	$0	$36,142
Michael Arvin (Manager Of Finance)	$95,474	$0	$30,456
Terry Chapman (President)	$19,120	$0	$24,459
August Bauer (Secretary)	$7,020	$0	$12,760
John Edwards (Director)	$6,620	$0	$23,976
Dean Harrawood (Vice President)	$6,020	$0	$23,599
Steve Streepy (Director)	$6,020	$0	$23,648
Dale Marchino (Director)	$5,050	$0	$23,552
Travis Summers (Treasurer)	$3,880	$0	$202

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990

Filed on May 11, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$37,027,443

Expenses

$35,289,838

Net Income

$1,737,605

Net Assets

$39,205,606

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,944,799	97.1%
Investment Income	$96,815	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,823	0.0%
Net Inventory Sales	$6,096	0.0%
Other Revenue	$968,910	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$407,301	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$542,808	1.5%

Assets/Debt
Total Assets	$50,274,906
Total Liabilities	$11,069,300
Net Assets	$39,205,606

Club or Co-Op Income
Income From Members	$35,944,799
Income From Other Sources	$1,082,644

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve L Emberton (Lineman)	$110,424	$0	$44,685
Nathan R Albright (Lineman)	$110,005	$0	$44,685
Alan J Sims (Lineman)	$108,600	$0	$42,297
Dennis Wilson (Lineman)	$105,028	$0	$46,138
Michael Arvin (Manager Of Finance)	$100,572	$0	$39,994
William G Schmidt (Exec Vp/Gen Manager)	$73,532	$0	$14,192
Terry Chapman (President)	$13,820	$0	$22,774
August Bauer (Secretary)	$7,620	$0	$11,097
Travis Summers (Treasurer)	$7,250	$0	$730
Dean Harrawood (Vice President)	$6,420	$0	$22,870
John Edwards (Director)	$6,220	$0	$22,557
Dale Marchino (Director)	$6,220	$0	$22,634
Steve Streepy (Director)	$6,220	$0	$22,579

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990

Filed on Nov. 12, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$35,922,176

Expenses

$33,938,469

Net Income

$1,983,707

Net Assets

$36,159,981

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$34,571,533	96.2%
Investment Income	$94,026	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,799	0.0%
Net Inventory Sales	$8,650	0.0%
Other Revenue	$1,244,168	3.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$725,317	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$537,776	1.6%

Assets/Debt
Total Assets	$49,752,157
Total Liabilities	$13,592,176
Net Assets	$36,159,981

Club or Co-Op Income
Income From Members	$34,571,534
Income From Other Sources	$1,350,624

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David W Sutter (Exec Vp/Gen Manager)	$159,959	$0	$50,038
Dennis Wilson (Lineman)	$113,542	$0	$33,910
Steve L Emberton (Lineman)	$109,893	$0	$33,123
Alan J Sims (Lineman)	$102,735	$0	$33,123
Nathan R Albright (Lineman)	$101,785	$0	$33,123
Michael Arvin (Manager Of Finance)	$91,433	$0	$14,806
Terry Chapman (Treasurer)	$11,020	$0	$21,066
August Bauer (Vice President)	$7,020	$0	$11,088
Dean Harrawood (Director)	$6,420	$0	$21,398
Steve Streepy (Secretary)	$6,420	$0	$21,139
John Edwards (President)	$5,420	$0	$21,142
Dale Marchino (Director)	$5,020	$0	$21,063
Travis Summers (Director)	$4,650	$0	$223

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990

Filed on May 3, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$36,594,973

Expenses

$34,255,724

Net Income

$2,339,249

Net Assets

$33,905,574

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,050,829	95.8%
Investment Income	$69,990	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$35,105	0.1%
Net Inventory Sales	$5,156	0.0%
Other Revenue	$1,433,893	3.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$430,153	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$571,972	1.7%

Assets/Debt
Total Assets	$49,277,259
Total Liabilities	$15,371,685
Net Assets	$33,905,574

Club or Co-Op Income
Income From Members	$35,050,829
Income From Other Sources	$1,544,144

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
David W Sutter (Exec Vp/Gen Manager)	$155,808	$0	$48,400
Nathan R Albright (Lineman)	$114,880	$0	$31,984
Jack E Divine (Lineman)	$112,758	$0	$22,093
Alan J Sims (Lineman)	$108,113	$0	$31,984
Dennis Wilson (Lineman)	$108,063	$0	$31,984
Steve L Emberton (Lineman)	$106,031	$0	$31,984
Michael Arvin (Manager Of Finance)	$63,360	$0	$7,916
Terry Chapman (Treasurer)	$10,620	$0	$20,367
August Bauer (Vice President)	$6,220	$0	$10,753
John Edwards (President)	$5,620	$0	$20,457
Steve Streepy (Secretary)	$5,535	$0	$20,393
Dean Harrawood (Director)	$4,820	$0	$20,070
Travis Summers (Director)	$4,735	$0	$216
Dale Marchino (Director)	$4,620	$0	$20,243

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990

Filed on May 9, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$36,235,129

Expenses

$34,576,139

Net Income

$1,658,990

Net Assets

$31,811,779

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$34,788,994	96.0%
Investment Income	$50,942	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,903	0.0%
Net Inventory Sales	$4,079	0.0%
Other Revenue	$1,388,211	3.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$925,614	2.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$269,124	0.8%

Assets/Debt
Total Assets	$47,790,992
Total Liabilities	$15,979,213
Net Assets	$31,811,779

Club or Co-Op Income
Income From Members	$34,788,994
Income From Other Sources	$1,446,135

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kenneth Frye (Exec Vp/Gen Manager)	$111,809	$0	$17,962
David W Sutter (Exec Vp/Gen Manager)	$110,933	$0	$34,818
Dennis Wilson (Lineman)	$104,126	$0	$30,061
Nathan R Albright (Lineman)	$101,839	$0	$30,061
Jack E Divine (Lineman)	$100,624	$0	$20,697
Robert Wilson (Manager Of Finance)	$95,943	$0	$29,960
Terry Chapman (Director)	$8,820	$0	$19,372
John Edwards (Vice President)	$6,020	$0	$9,504
Steve Streepy (Director)	$5,420	$0	$19,332
Dale Marchino (Director)	$5,220	$0	$19,782
Dean Harrawood (President)	$5,020	$0	$19,086
Michael Arvin (Treasurer)	$5,020	$0	$343
August Bauer (Secretary)	$4,220	$0	$9,622

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990

Filed on May 6, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$36,707,206

Expenses

$34,852,162

Net Income

$1,855,044

Net Assets

$30,332,403

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$35,123,219	95.7%
Investment Income	$50,167	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,404	0.0%
Net Inventory Sales	$11,409	0.0%
Other Revenue	$1,508,007	4.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$706,034	2.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$183,411	0.5%

Assets/Debt
Total Assets	$46,780,005
Total Liabilities	$16,447,602
Net Assets	$30,332,403

Club or Co-Op Income
Income From Members	$35,123,219
Income From Other Sources	$1,627,033

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kenneth Frye (Exec Vp/Gen Manager)	$136,751	$0	$29,224
Dennis Wilson (Lineman)	$104,387	$0	$30,590
Jack E Divine (Lineman)	$100,637	$0	$21,172
Robert Wilson (Manager Of Finance)	$98,548	$0	$24,435
Steve Streepy (Director)	$11,620	$0	$19,777
John Carroll (Former Director)	$10,104	$0	$0
Bernard Harker (Former Director)	$10,104	$0	$0
Dean Harrawood (President)	$7,220	$0	$19,501
Terry Chapman (Director)	$7,220	$0	$20,018
John Edwards (Vice President)	$6,620	$0	$917
Michael Arvin (Treasurer)	$6,335	$0	$298
Dale Marchino (Director)	$6,220	$0	$19,667
August Bauer (Secretary)	$5,620	$0	$9,049

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990

Filed on May 13, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$36,336,683

Expenses

$34,497,107

Net Income

$1,839,576

Net Assets

$29,336,914

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$34,715,576	95.5%
Investment Income	$46,348	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$209,249	0.6%
Net Inventory Sales	$7,872	0.0%
Other Revenue	$1,357,638	3.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$834,017	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$179,913	0.5%

Assets/Debt
Total Assets	$46,093,175
Total Liabilities	$16,756,261
Net Assets	$29,336,914

Club or Co-Op Income
Income From Members	$34,715,576
Income From Other Sources	$1,623,031

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kenneth Frye (Exec Vp/Gen Manager)	$121,556	$0	$43,423
Gary Potts (Lineman)	$107,100	$0	$33,463
Dennis Wilson (Lineman)	$102,085	$0	$32,590
Steven Emberton (Lineman)	$100,984	$0	$23,173
Robert Wilson (Manager Of Finance)	$94,862	$0	$26,545
Steve Streepy (President)	$11,220	$0	$19,644
John Carroll (Former Director)	$10,342	$0	$0
Bernard Harker (Former Director)	$10,342	$0	$0
John Edwards (Director)	$7,620	$0	$959
Michael Arvin (Secretary)	$6,620	$0	$1,083
Dale Marchino (Director)	$6,420	$0	$9,135
Dean Harrawood (Vice President)	$6,220	$0	$19,264
August Bauer (Treasurer)	$5,420	$0	$9,396
Terry Chapman (Director)	$5,220	$0	$19,331

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990

Filed on April 24, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$35,124,301

Expenses

$33,403,571

Net Income

$1,720,730

Net Assets

$28,124,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$33,617,149	95.7%
Investment Income	$68,410	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,815	0.0%
Net Inventory Sales	$2,327	0.0%
Other Revenue	$1,431,600	4.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$784,265	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$187,499	0.6%

Assets/Debt
Total Assets	$44,880,241
Total Liabilities	$16,755,396
Net Assets	$28,124,845

Club or Co-Op Income
Income From Members	$33,617,149
Income From Other Sources	$1,495,280

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$33,692,732

Expenses

$31,516,775

Net Income

$2,175,957

Net Assets

$27,894,650

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$31,990,466	94.9%
Investment Income	$109,421	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$5,423	0.0%
Other Revenue	$1,587,422	4.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$650,115	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$161,618	0.5%

Assets/Debt
Total Assets	$44,028,601
Total Liabilities	$16,133,951
Net Assets	$27,894,650

Club or Co-Op Income
Income From Members	$31,990,466
Income From Other Sources	$1,685,227

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Daviess Martin County Rural Electric Membership Corporation

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $44.5M (2023)

Expenses $41.5M (2023)

Total Assets $62.6M (2023)

Total Liabilities $22.1M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$44.5M (2023)

Expenses

$41.5M (2023)

Total Assets

$62.6M (2023)

Total Liabilities

$22.1M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

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2019

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2018

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2017

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2015

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2014

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2012

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2011

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Fiscal Year Ending Dec.
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