DAVIESS-MARTIN COUNTY REMC

Address
12628 E 75 N
LOOGOOTEE, IN 47553
Contact
Website: http://www.dmremc.com
Phone: +1 (812) 295-4200
Nonprofit
NTEE: W80 - Public Utilities
EIN: 35-0261964

Mission

TO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMBERS AT REASONABLE COST.
 20172016201520142013
Basic features of the organization
Year of formation1939
Subsection code12
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$725,317.00$430,153.00$925,614.00$706,034.00$834,017.00
Sum of reportable (W2/1099) compensation$725,317.00$811,183.00$665,014.00$511,386.00$596,011.00
Number of employees2426262531
Number of people compensated >$100k56534
Number of volunteers00000
Number of highly compensated contractors33323
Personnel
Albright, Nathan
TitleLINEMANLINEMANLINEMAN  
Name of key/compensated personNATHAN R ALBRIGHTNATHAN R ALBRIGHTNATHAN R ALBRIGHT  
Position of compensated person
Highest compensated employees (>$100k)TrueTrueTrue  
Average hours per week working for org47.1951.6449.63  
Reportable compensation from org$101,785.00$114,880.00$101,839.00  
Other comp, non-reportable, from org and related orgs$33,123.00$31,984.00$30,061.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Arvin, Michael
TitleMANAGER OF FINANCEMANAGER OF FINANCETREASURERTREASURERSECRETARY
Name of key/compensated personMICHAEL ARVINMICHAEL ARVINMICHAEL ARVINMICHAEL ARVINMICHAEL ARVIN
Position of compensated person
Average hours per week working for org40.0040.001.972.303.40
Reportable compensation from org$91,433.00$63,360.00$5,020.00$6,335.00$6,620.00
Other comp, non-reportable, from org and related orgs$14,806.00$7,916.00$343.00$298.00$1,083.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Bauer, August
TitleVICE-PRESIDENTVICE-PRESIDENTSECRETARYSECRETARYTREASURER
Name of key/compensated personAUGUST BAUERAUGUST BAUERAUGUST BAUERAUGUST BAUERAUGUST BAUER
Position of compensated person
Average hours per week working for org2.875.065.295.207.20
Reportable compensation from org$7,020.00$6,220.00$4,220.00$5,620.00$5,420.00
Other comp, non-reportable, from org and related orgs$11,088.00$10,753.00$9,622.00$9,049.00$9,396.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Carroll, John
Title   FORMER DIRECTORFORMER DIRECTOR
Name of key/compensated person   JOHN CARROLLJOHN CARROLL
Position of compensated person
Average hours per week working for org   0.000.00
Reportable compensation from org   $10,104.00$10,342.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Chapman, Terry
TitleTREASURERTREASURERDIRECTORDIRECTORDIRECTOR
Name of key/compensated personTERRY CHAPMANTERRY CHAPMANTERRY CHAPMANTERRY CHAPMANTERRY CHAPMAN
Position of compensated person
Average hours per week working for org3.284.063.293.302.30
Reportable compensation from org$11,020.00$10,620.00$8,820.00$7,220.00$5,220.00
Other comp, non-reportable, from org and related orgs$21,066.00$20,367.00$19,372.00$20,018.00$19,331.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Divine, Jack
Title LINEMANLINEMANLINEMAN 
Name of key/compensated person JACK E DIVINEJACK E DIVINEJACK E DIVINE 
Position of compensated person
Highest compensated employees (>$100k) TrueTrueTrue 
Average hours per week working for org 48.1045.5845.70 
Reportable compensation from org $112,758.00$100,624.00$100,637.00 
Other comp, non-reportable, from org and related orgs $22,093.00$20,697.00$21,172.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Edwards, John
TitlePRESIDENTPRESIDENTVICE-PRESIDENTVICE-PRESIDENTDIRECTOR
Name of key/compensated personJOHN EDWARDSJOHN EDWARDSJOHN EDWARDSJOHN EDWARDSJOHN EDWARDS
Position of compensated person
Average hours per week working for org8.125.384.674.905.70
Reportable compensation from org$5,420.00$5,620.00$6,020.00$6,620.00$7,620.00
Other comp, non-reportable, from org and related orgs$21,142.00$20,457.00$9,504.00$917.00$959.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Emberton, Steve
TitleLINEMANLINEMAN   
Name of key/compensated personSTEVE L EMBERTONSTEVE L EMBERTON   
Position of compensated person
Highest compensated employees (>$100k)TrueTrue   
Average hours per week working for org50.9450.24   
Reportable compensation from org$109,893.00$106,031.00   
Other comp, non-reportable, from org and related orgs$33,123.00$31,984.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Emberton, Steven
Title    LINEMAN
Name of key/compensated person    STEVEN EMBERTON
Position of compensated person
Highest compensated employees (>$100k)    True
Average hours per week working for org    48.00
Reportable compensation from org    $100,984.00
Other comp, non-reportable, from org and related orgs    $23,173.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Frye, Kenneth
Title  EXEC VP/GEN MANAGEREXEC VP/GEN MANAGEREXEC VP/GEN MANAGER
Name of key/compensated person  KENNETH FRYEKENNETH FRYEKENNETH FRYE
Position of compensated person
Average hours per week working for org  40.0040.0040.00
Reportable compensation from org  $111,809.00$136,751.00$121,556.00
Other comp, non-reportable, from org and related orgs  $17,962.00$29,224.00$43,423.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Harker, Bernard
Title   FORMER DIRECTORFORMER DIRECTOR
Name of key/compensated person   BERNARD HARKERBERNARD HARKER
Position of compensated person
Average hours per week working for org   0.000.00
Reportable compensation from org   $10,104.00$10,342.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Harrawood, Dean
TitleDIRECTORDIRECTORPRESIDENTPRESIDENTVICE-PRESIDENT
Name of key/compensated personDEAN HARRAWOODDEAN HARRAWOODDEAN HARRAWOODDEAN HARRAWOODDEAN HARRAWOOD
Position of compensated person
Average hours per week working for org3.862.223.364.103.40
Reportable compensation from org$6,420.00$4,820.00$5,020.00$7,220.00$6,220.00
Other comp, non-reportable, from org and related orgs$21,398.00$20,070.00$19,086.00$19,501.00$19,264.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Marchino, Dale
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDALE MARCHINODALE MARCHINODALE MARCHINODALE MARCHINODALE MARCHINO
Position of compensated person
Average hours per week working for org1.901.912.352.903.00
Reportable compensation from org$5,020.00$4,620.00$5,220.00$6,220.00$6,420.00
Other comp, non-reportable, from org and related orgs$21,063.00$20,243.00$19,782.00$19,667.00$9,135.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Potts, Gary
Title    LINEMAN
Name of key/compensated person    GARY POTTS
Position of compensated person
Highest compensated employees (>$100k)    True
Average hours per week working for org    48.00
Reportable compensation from org    $107,100.00
Other comp, non-reportable, from org and related orgs    $33,463.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Sims, Alan
TitleLINEMANLINEMAN   
Name of key/compensated personALAN J SIMSALAN J SIMS   
Position of compensated person
Highest compensated employees (>$100k)TrueTrue   
Average hours per week working for org48.4851.09   
Reportable compensation from org$102,735.00$108,113.00   
Other comp, non-reportable, from org and related orgs$33,123.00$31,984.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Streepy, Steve
TitleSECRETARYSECRETARYDIRECTORDIRECTORPRESIDENT
Name of key/compensated personSTEVE STREEPYSTEVE STREEPYSTEVE STREEPYSTEVE STREEPYSTEVE STREEPY
Position of compensated person
Average hours per week working for org3.472.892.884.704.90
Reportable compensation from org$6,420.00$5,535.00$5,420.00$11,620.00$11,220.00
Other comp, non-reportable, from org and related orgs$21,139.00$20,393.00$19,332.00$19,777.00$19,644.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Summers, Travis
TitleDIRECTORDIRECTOR   
Name of key/compensated personTRAVIS SUMMERSTRAVIS SUMMERS   
Position of compensated person
Average hours per week working for org1.542.04   
Reportable compensation from org$4,650.00$4,735.00   
Other comp, non-reportable, from org and related orgs$223.00$216.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Sutter, David
TitleEXEC VP/GEN MANAGEREXEC VP/GEN MANAGEREXEC VP/GEN MANAGER  
Name of key/compensated personDAVID W SUTTERDAVID W SUTTERDAVID W SUTTER  
Position of compensated person
Average hours per week working for org50.0050.0040.00  
Reportable compensation from org$159,959.00$155,808.00$110,933.00  
Other comp, non-reportable, from org and related orgs$50,038.00$48,400.00$34,818.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Wilson, Dennis
TitleLINEMANLINEMANLINEMANLINEMANLINEMAN
Name of key/compensated personDENNIS WILSONDENNIS WILSONDENNIS WILSONDENNIS WILSONDENNIS WILSON
Position of compensated person
Highest compensated employees (>$100k)TrueTrueTrueTrueTrue
Average hours per week working for org48.2049.6249.6749.5048.00
Reportable compensation from org$113,542.00$108,063.00$104,126.00$104,387.00$102,085.00
Other comp, non-reportable, from org and related orgs$33,910.00$31,984.00$30,061.00$30,590.00$32,590.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Wilson, Robert
Title  MANAGER OF FINANCEMANAGER OF FINANCEMANAGER OF FINANCE
Name of key/compensated person  ROBERT WILSONROBERT WILSONROBERT WILSON
Position of compensated person
Average hours per week working for org  40.0040.0040.00
Reportable compensation from org  $95,943.00$98,548.00$94,862.00
Other comp, non-reportable, from org and related orgs  $29,960.00$24,435.00$26,545.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMEMBERS AT REASONABLE COSTTO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMEMBERS AT REASONABLE COSTTO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMEMBERS AT REASONABLE COSTTO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMEMBERS AT REASONABLE COSTTO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMEMBERS AT REASONABLE COST
Program service expenses, total $34,255,724.00$34,576,139.00$34,379,793.00$34,499,031.00
Programs, including revenue & expenses
DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS
Program expenses $34,255,724.00$34,576,139.00$34,379,793.00$34,499,031.00
Program revenue$34,571,533.00$35,050,829.00$34,788,994.00$35,123,219.00$34,715,576.00
Program descriptionDISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERSDISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERSDISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERSDISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERSDISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS
Financial data
Revenue
Total revenue$35,922,176.00$36,594,973.00$36,235,129.00$36,707,206.00$36,336,683.00
Revenue from contributions (total)  $0.00$0.00$0.00
Investment income, current yr$97,825.00$105,095.00$53,845.00$64,571.00$255,597.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$8,650.00$5,156.00$4,079.00$11,409.00$7,872.00
Other revenue, current yr$1,252,818.00$1,439,049.00$1,392,290.00$1,519,416.00$1,365,510.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$34,571,533.00$35,050,829.00$34,788,994.00$35,123,219.00$34,715,576.00
Gross receipts$35,950,156.00$36,628,689.00$36,270,845.00$36,750,251.00$36,516,300.00
Other types of revenue
Miscellaneous revenue (total)$1,244,168.00$1,433,893.00$1,388,211.00$1,508,007.00$1,357,638.00
Income from dividends, interest, and similar investments$94,026.00$69,990.00$50,942.00$50,167.00$46,348.00
Net rental income  $0.00$0.00$0.00
Net inventory sales (total)$8,650.00$5,156.00$4,079.00$11,409.00$7,872.00
Expense categories (totals)
Total functional expenses: sum of all$33,938,469.00$34,255,724.00$34,576,139.00$34,852,162.00$34,497,107.00
Fees for services
Legal fees (total)$69,058.00$61,019.00$18,685.00$20,626.00$54,325.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$49,752,157.00$49,277,259.00$47,790,992.00$46,780,005.00$46,093,175.00
Total assets, beginning of year$49,277,259.00$47,790,992.00$46,780,005.00$46,093,175.00$44,880,241.00
Total liabilities$13,592,176.00$15,371,685.00$15,979,213.00$16,447,602.00$16,756,261.00
Total liabilities, beginning of year$15,371,685.00$15,979,213.00$16,447,602.00$16,756,261.00$16,755,396.00
Net assets$36,159,981.00$33,905,574.00$31,811,779.00$30,332,403.00$29,336,914.00
Net assets, beginning of year$33,905,574.00$31,811,779.00$30,332,403.00$29,336,914.00$28,124,845.00
Other liabilities$2,329,985.00$3,364,136.00$3,330,744.00$3,159,659.00$2,924,195.00
Other assets$365,871.00$448,864.00$527,362.00$607,616.00$747,938.00
Investments: other securities$16,602,657.00$15,627,834.00$14,493,505.00$13,650,365.00$12,175,594.00
Cash: non-interest bearing$527,905.00$146,355.00$282,498.00$356,325.00$407,330.00
Cash: non-interest bearing, beginning of year$146,355.00$282,498.00$356,325.00$407,330.00$1,087,549.00
Inventories for sale or use$478,090.00$402,799.00$466,970.00$482,218.00$466,642.00
Other financial variables
Revenue less expenses$1,983,707.00$2,339,249.00$1,658,990.00$1,855,044.00$1,839,576.00
Savings & temp cash investment  $0.00$250,000.00$1,400,000.00
Accounts receivable, net$3,572,689.00$3,762,790.00$3,597,751.00$3,648,987.00$3,653,678.00
Prepaid expenses & deferred charges$135,705.00$138,247.00$142,373.00$168,060.00$172,844.00
Accounts payable & accrued expenses$4,176,691.00$4,668,407.00$4,795,419.00$4,517,468.00$4,593,664.00
Secured mortgages and notes payable$7,085,500.00$7,339,142.00$7,853,050.00$8,770,475.00$9,238,402.00
Total net assets or fund balances$36,159,981.00$33,905,574.00$31,811,779.00$30,332,403.00$29,336,914.00
Depreciation, depletion, amortization$1,468,563.00$1,433,421.00$1,406,790.00$1,366,485.00$1,324,014.00
Governance and accountability
Number of voting members77777
Number of independent voting members66666
Financial sheets auditedTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Indicators for schedules (selected)
Business transaction with entity ownerTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-08-312017-09-072016-09-222015-08-122014-09-16
IRS schema version2017v2.22016v3.02015v2.12014v5.02013v3.0
Filing identifier201821239349301902201701299349301610201631279349300538201521339349300112201421149349300622
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