JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP

EIN: 350418308 Mutual Benefit

BROWNSTOWN, IN

Total Revenue
$80,476,901
Total Expenses
$80,476,901
Total Assets
$217,295,605
Net Assets
$118,491,928
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
IN
Principal Officer
MARK A MCKINNEY
Phone
8123584458
Tax Period
2024-01-01 to 2024-12-31

JACKSON COUNTY RURAL ELECTRIC MEMBERSHIP, founded in 1937, is a mid-sized nonprofit in the Mutual Benefit sector that reported $80.5M in total revenue in fiscal year 2024.

Mission

DISTRIBUTION OF ELECTRICITY, FIBER-OPTIC BROADBAND, AND VOIP TELEPHONE SERVICE ON A COOPERATIVE BASIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $369,073
Program Service Revenue $77,781,728
Investment Income $515,196
Other Revenue $1,810,904
TOTAL REVENUE $80,476,901

Expense Breakdown

Grants Paid $30,400
Salaries & Benefits $7,075,681
Fundraising Expenses $0
Other Expenses $64,627,752
TOTAL EXPENSES $80,476,901

Year-over-Year Comparison

2024 2023 Change
Revenue $80,476,901 $81,164,964 0.0%
Expenses $80,476,901 $81,164,964 0.0%
Net Income $0 $0 N/A
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
83
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$420,535
Total Directors
9
$155,693
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER HUNTER PRESIDENT 5.00
Director
$21,912 $0 $21,912
JOHN MILLER VICE PRESIDENT 2.70
Director
$18,412 $0 $18,412
PAUL ELLIOTT SECRETARY 3.25
Director
$18,062 $0 $18,062
RYAN ELEENOR DIRECTOR 4.70
Director
$9,893 $0 $9,893
JOHN HACKMAN DIRECTOR 3.90
Director
$18,143 $0 $18,143
DAVID HALL DIRECTOR 4.20
Director
$18,562 $0 $18,562
JOHN TRINKLE DIRECTOR 3.10
Director
$18,462 $0 $18,462
MARK TRISLER DIRECTOR 2.00
Director
$14,685 $0 $14,685
CURTIS WISCHMEIER DIRECTOR 2.50
Director
$17,562 $0 $17,562
MARK MCKINNEY CEO 50.00
Officer
$377,481 $43,054 $420,535
BRAD PRITCHETT VP OF OPERATIONS & ENGINEERING 40.00
Highest
$177,738 $22,526 $200,264
NANCY STIDHAM VP OF COOPERATIVE SERVICES 50.00
Highest
$167,284 $22,217 $189,501
BENJAMIN CONNER VP OF INFORMATION TECHNOLOGY 60.00
Highest
$156,193 $20,186 $176,379
BRIAN COVERT LINE SUPERINTENDENT 45.00
Highest
$150,470 $21,069 $171,539
DONALD GRAY LINEMAN 48.00
Highest
$143,442 $5,066 $148,508
JERRY KELLEY RETIRED DIRECTOR 2.20
$10,970 $0 $10,970
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $80,476,901 $80,476,901 $217,295,605 No data
2023 $81,164,964 $81,164,964 $210,913,040 No data
2022 $71,731,324 $71,731,324 $205,236,060 No data
2021 $63,444,068 $63,444,068 $193,096,068 No data
2020 $60,794,043 $60,794,043 $176,364,015 No data
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