2023-11-03T13:32:05-05:00 2022-12-31 351515068 MONROE SHINE & CO INC CPA'S PO BOX 1407 NEW ALBANY IN 471511407 990 2022-01-01 350377085 HENRY COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION HENR 8002488413 3400 S STATE ROAD 3 NEW CASTLE IN 47362 MELISSA TRUE CHIEF EXECUTIVE OFFICER 8002488413 2023-10-23 1 MELISSA TRUE 999009999 1 JOE A BOESING CPA P00075268 8129452311 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HENRY COUNTY REMC MELISSA TRUE 3400 S STATE ROAD 3 NEW CASTLE IN 47362 26891779 0 X WWW.HCREMC.COM X 1936 IN DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 7,800 MEMBERS ON A COOPERATIVE BASIS. 8 8 40 0 0 0 0 0 24070413 26064644 46349 25390 843863 801745 24960625 26891779 0 0 1070560 0 3136817 3341332 0 0 0 20753248 23588146 24960625 26929478 0 -37699 59562351 64508164 27505873 32431935 32056478 32076229 PROVIDE RELIABLE, SAFE AND COST-COMPETITIVE ELECTRIC SERVICE TO ENHANCE THE LIVES OF OUR MEMBERS AND THE COMMUNITIES WE SERVE. 0 0 DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 7,800 MEMBERS ON A COOPERATIVE BASIS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 1 40 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26064644 859235 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X AMBER HOUSER 8002488413 3400 S STATE ROAD 3 NEW CASTLE IN 47362 BRIAN BECKER PRESIDENT 1.54 X 6675 0 0 M SHANE YOUNG VICE PRESIDENT 1.83 X 6407 0 0 SAM SPARKS SECRETARY 1.88 X 7150 0 0 JAMEY MARCUM TREASURER 3.66 X 6869 0 0 JAY CARR DIRECTOR 1.87 X 8019 0 0 CURTIS POORE DIRECTOR 1.73 X 7869 0 0 NATE LAMAR DIRECTOR 1.76 X 6528 0 0 WAYNE JESTER DIRECTOR 5.01 X 6375 0 0 DONALD CROSS THROUGH JUNE 2022 DIRECTOR 2.00 X 3075 0 0 MELISSA TRUE CEO 53.00 X 183783 0 90568 RICHARD BYRER JOURNEYMAN LINEMAN 52.34 X 161113 0 115766 WESLEY JONES OVERHEAD CONSTRUCTION FORE 48.69 X 148648 0 63026 ADAM WARWAS CHIEF OPERATIONS OFFICER 52.00 X 139048 0 64079 LANCE KOONTZ OVERHEAD CONSTRUCTION FORE 47.14 X 130652 0 52390 THOMAS GETTINGER JOURNEYMAN LINEMAN 45.77 X 127198 0 39577 949409 0 425406 13 0 1 0 AMPP CONSTRUCTION 810 W WASHINGTON ST WINCHESTER IN 47394 LINE CONSTRUCTION 1390470 WILLIAMS TREE COMPANY 310 W BORDER ST PARAGON IN 46166 TREE TRIMING 464239 CLEAN SLATE BRUSH CONTROL 2321 W COUNTY RD 500 S SPICELAND IN 47385 BRUSH TRIMMING 417170 GEHRING UNDERGROUND INC 3355 S US HWY 31 COLUMBUS IN 47201 UNDERGROUND BORING 291765 4 ELECTRIC REVENUE 221000 26064644 26064644 26064644 3105 3105 152223 0 152223 152223 152223 22285 0 22285 22285 22285 PATRONAGE ALLOCATIONS 221000 649522 649522 649522 26891779 26736451 0 155328 1374815 1149963 380147 273201 163206 925188 2383395 COST OF POWER 16904091 DISTRIBUTION EXPENSE 1819839 ADMINISTRATIVE AND GENE 777388 CONSUMER ACCOUNT EXPENS 343825 434420 26929478 693963 1301109 2317013 2879970 736511 1335717 455077 353098 68611504 21005864 44776656 47605640 10583131 10528746 0 503884 59562351 64508164 3812985 5426432 23144890 26099307 547998 906196 27505873 32431935 X 0 0 190206 191191 31866272 31885038 32056478 32076229 59562351 64508164 X -37699 57450 X X 0 1 X 1 0 1000 1000 1000 1 INDIANA FORE - POLITICAL ACTION 720 N HIGH SCHOOL RD INDIANAPOLIS IN 46214 351998087 1000 PART I-A, LINE 1: HENRY COUNTY REMC DONATES TO VARIOUS POLITICAL ORGANIZATIONS THAT WORK IN THE INTEREST OF RURAL UTILITIES. 259189 259189 8785049 1264484 7520565 59567266 19741380 39825886 47605640 PATRONAGE CAPITAL IN WHOLESALE POWER SUPPLIER 9860014 C PATRONAGE CAPITAL IN OTHER VENDOR/COOPERATIVES 668732 C 10528746 POSTRETIREMENT BENEFIT OBLIGATION 402312 OPERATING LEASE LIABILITY 503884 906196 X 26891779 0 26891779 0 26891779 26929478 0 26929478 0 26929478 PART X, LINE 2: THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2022 X X X 0 0 0 MELISSA TRUE CEO 183783 0 0 0 0 0 0 0 90568 0 274351 0 0 0 RICHARD BYRER JOURNEYMAN LINEMAN 161113 0 0 0 0 0 0 0 115766 0 276879 0 0 0 WESLEY JONES OVERHEAD CONSTRUCTION FORE 148648 0 0 0 0 0 0 0 63026 0 211674 0 0 0 ADAM WARWAS CHIEF OPERATIONS OFFICER 139048 0 0 0 0 0 0 0 64079 0 203127 0 0 0 LANCE KOONTZ OVERHEAD CONSTRUCTION FORE 130652 0 0 0 0 0 0 0 52390 0 183042 0 0 0 THOMAS GETTINGER JOURNEYMAN LINEMAN 127198 0 0 0 0 0 0 0 39577 0 166775 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 HENRY COUNTY REMC IS A COOPERATIVE OWNED BY ITS APPROXIMATE 7,800 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS ARE ENTITLED TO VOTE FOR THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING FORM 990, PART VI, SECTION A, LINE 7B ALL GOVERNANCE DECISIONS ARE SUBJECT TO APPROVAL BY THE GOVERNING BODY FORM 990, PART VI, SECTION B, LINE 11B CEO AND MANAGER OF FINANCE AND ADMINISTRATION REVIEW THE 990 AND THEN PRESENT IT TO THE BOARD FOR APPROVAL BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PERIODICALLY REVIEWED BY THE BOARD OF DIRECTORS AND CEO. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD COMPARES WAGES OF OTHER REMC'S IN THE STATE OF INDIANA TO DETERMINE MANAGEMENT AND EMPLOYEE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN ACCUMULATED OTHER COMPREHENSIVE LOSS 117,327. INCREASE IN MEMBERSHIPS 985. RETIREMENT OF PATRONAGE CAPITAL TO MEMBERS -60,862. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR