2026-05-08T06:24:45-07:00 2025-12-31 990 2025-01-01 350230915 CLARK COUNTY REMC CLAR 8122463316 7810 STATE ROAD 60 SELLERSBURG IN 47172 JEREMY R MILLER ASSISTANT TREASURER 8122463316 2026-05-08 2025 2025-03-06 01:10:19Z JASON S CLEMMONS 7810 STATE ROAD 60 SELLERSBURG IN 47172 77295288 false X WWW.CLARKREMC.COOP X 1939 IN TO EFFICIENTLY DELIVER SAFE,RELIABLE ELECTRIC SERVICE TO OUR MEMBERS. 7 7 59 0 0 0 0 72050463 74027330 69127 15661 2428378 3212940 74547968 77255931 0 0 5908238 6520223 0 0 63498698 65659961 69406936 72180184 5141032 5075747 165310986 173526905 80769917 86735908 84541069 86790997 TO EFFICIENTLY DELIVER SAFE, RELIABLE ELECTRIC SERVICE TO OUR MEMBERS. false false 72180184 77255931 DISTRIBUTION OF ELECTRICITY TO RURAL CONSUMERS. 72180184 false false true false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 31 0 true 59 true false false false false false false false false false false false 75972732 1692842 false false false X 7 7 false false false false true true true true true false false true true false true true true true true false IN X CLARK COUNTY REMC 8122463316 7810 STATE ROAD 60 SELLERSBURG IN 47172 JOHN R BIESEL PRESIDENT 6.35 X X 16961 0 0 JEFFREY A MYERS VICE PRESIDENT 5.03 X X 16140 0 0 JOSEPH W BASHAM SECRETARY-TREASURER 6.01 X X 15832 0 0 STEVEN G DIETERLEN DIRECTOR 7.50 X 13103 0 0 PAUL A GRAF DIRECTOR 5.96 X 15121 0 0 JAMES GREGORY HOSTETTLER DIRECTOR 5.97 X 13555 0 0 MARK A HUBER DIRECTOR 5.03 X 15500 0 0 JASON CLEMMONS CHIEF EXECUTIVE OFFICER 50.00 X X 264974 0 177617 THERA DESMOND ADMIN. ASST./ASST. SECRETARY 40.00 X 99091 0 39558 JEREMY R MILLER MGR. OF FINANCE & ADMIN./ASST. TREASURER 50.00 X 210098 0 102040 NASH SUMMERS MGR. OF OPERATIONS & ENGINEERING 50.00 X 189211 0 76670 KEVIN CROUSE SR WORKING FOREMAN 51.00 X 167158 0 94599 KEVIN KASTENSMIDT MGR. OF INFORMATION TECHNOLOGY 50.00 X 164665 0 71806 JERRY APPLEGATE WORKING FOREMAN 52.00 X 163178 0 61567 WYATT BINKLEY JOURNEYMAN LINEMAN 52.00 X 158665 0 23988 1523252 0 647845 32 false true false ELECTRICOM LLC PO BOX 319 PAOLI IN 47454 CONSTRUCTION 2837660 TOWNSEND TREE SERVICE PO BOX 7015 MUNCIE IN 47308 RIGHT-OF-WAY MAINTENANCE 1469576 SALTSGAVER CONSTRUCTION CO 1805 CORYDON PIKE NEW ALBANY IN 47151 CONSTRUCTION 1113027 ON THE SPOT RESOURCES INC 5035 CHARLOTTE AVE EVANSVILLE IN 47720 LOCATING SERVICES 352214 QUALITY RESOURCES LLC PO BOX 9 SLAUGHTERS KY 42456 EQUIPMENT INSPECTION 183199 7 SALES OF ELECTRICITY 221000 74027330 0 0 74027330 52486 0 52486 0 36825 -36825 -36825 -36825 0 0 5118 2532 2586 2586 PATRONAGE REVENUE 221000 2255796 2255796 0 0 POLE ATTACHMENT RENTALS 221000 362443 0 0 362443 MISCELLANEOUS NON-OPERATING 221000 592115 592115 0 0 3210354 77255931 76838416 0 417515 X 999590 0 0 0 5520633 0 0 0 54640 0 0 0 14800 0 0 0 228377 0 0 0 11768 0 0 0 247829 0 0 0 903839 0 0 0 177166 0 0 0 2806337 0 0 0 5615116 0 0 0 137128 0 0 0 PURCHASED POWER 49364548 0 0 0 OPERATING EXPENSES 1416581 0 0 0 MAINTENANCE EXPENSES 3265771 0 0 0 CUSTOMER ACCOUNT EXPENSES 638103 0 0 0 777958 0 0 0 72180184 0 0 0 1755968 2164286 8999244 9431690 2053168 2528722 1134149 1086437 169495900 42457552 121178161 127038348 30190296 31277422 165310986 173526905 10559867 10686392 67216813 72045619 2993237 4003897 80769917 86735908 X 84541069 86790997 84541069 86790997 165310986 173526905 X 5075747 -2825819 X X false true X true false 2000 0 0 2000 2000 true INDIANA ELECTRIC COOPERATIVES STATE PAC 11805 N PENNSYLVANIA ST CARMEL IN 46032 351998087 2000 0 Pt I-A Line 1 THE REMC MAKES A DIRECT CONTRIBUTION TO THE INDIANA ELECTRIC COOPERATIVES STATE POLITICAL ACTION COMMITTEE. 0 402965 402965 6164732 4871992 1292740 162928203 37585560 125342643 127038348 PATRONAGE CAPITAL - HOOSIER ENERGY 26828373 C PATRONAGE CAPITAL - CFC 1771654 C CAPITAL TERM CERTIFICATES - CFC 927265 C MEMBER CAPITAL SECURITIES - CFC 500000 C PATRONAGE CAPITAL - FEDERATED 232740 C MEMBERSHIP - HOOSIER ENERGY 98332 C PATRONAGE CAPITAL - UNITED UTILITY SUPPLY 645875 C ALL OTHER INVESTMENTS 273183 C 31277422 CUSTOMER DEPOSITS 507713 CUSTOMER ADVANCES FOR CONSTRUCTION 3055238 POST RETIREMENT BENEFIT OTHER THAN PENSION 190923 ALL OTHER LIABILITIES 250023 4003897 X 77255931 77255931 77255931 72180184 72180184 72180184 Pt X, Line 2 ACCOUNTING FOR UNCERTAIN TAX POSITIONS - IN JUNE 2006, THE FASB ISSUED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE GENERALLY ACCEPTED ACCOUNTING PRINCIPAL PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISES FINANCIAL STATEMENTS. THE ACCOUNTING PRINCIPAL REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS ACCOUNTING PRINCIPAL DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE REMC DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS. X X X false false false JASON CLEMMONS 252947 0 0 0 12027 0 149231 0 28386 0 442591 0 0 0 JEREMY R MILLER 200426 0 0 0 9672 0 73891 0 28149 0 312138 0 0 0 NASH SUMMERS 167918 0 0 0 21293 0 48489 0 28181 0 265881 0 0 0 KEVIN CROUSE SR 157741 0 0 0 9417 0 64663 0 29936 0 261757 0 0 0 KEVIN KASTENSMIDT 163330 0 0 0 1335 0 43811 0 27995 0 236471 0 0 0 JERRY APPLEGATE 159083 0 0 0 4095 0 33650 0 27917 0 224745 0 0 0 WYATT BINKLEY 155968 0 0 0 2697 0 10865 0 13123 0 182653 0 0 0 Pt VI, Line 6 CONSUMERS OF THE REMCS ELECTRIC SERVICE ARE CONSIDERED MEMBERS OF THE COOPERATIVE. Pt VI, Line 7a MEMBERS OF THE REMC ELECT THE BOARD OF DIRECTORS. Pt VI, Line 7b A MEMBER VOTE IS REQUIRED TO CHANGE THE ARTICLES OF INCORPORATION OF THE REMC. Pt VI, Line 11b THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND MANAGEMENT BEFORE MAILING TO THE GOVERNMENT. Pt VI, Line 12c ONLY THE CHIEF EXECUTIVE OFFICER AND DIRECTORS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS CONFIRMING THEY HAVE NO CONFLICTS OF INTEREST OR DISCLOSING ANY THEY MAY HAVE. ALL OTHER EMPLOYEES ARE REQUIRED BY THE CORPORATIONS CODE OF BUSINESS ETHICS AND CONDUCT POLICY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON AN ONGOING BASIS. Pt VI, Line 15a THE REMC EMPLOYS AN OUTSIDE, INDEPENDENT FIRM TO PREPARE A COMPENSATION STUDY FOR ALL EMPLOYEES. STUDY INCLUDES DATA FROM NATIONAL, REGIONAL, AND LOCAL LEVEL COMPARISON. DIRECTOR COMPENSATION WAS BASED ON A SIMILAR STUDY. Pt VI, Line 15b THE REMC EMPLOYS AN OUTSIDE, INDEPENDENT FIRM TO PREPARE A COMPENSATION STUDY FOR ALL EMPLOYEES. STUDY INCLUDES DATA FROM NATIONAL, REGIONAL, AND LOCAL LEVEL COMPARISON. DIRECTOR COMPENSATION WAS BASED ON A SIMILAR STUDY. Pt VI, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. Other Pt IX, Line 4: PATRONAGE CAPITAL RETURNED TO MEMBERS TOTALING $2,762,913 HAS BEEN INCLUDED IN THE RECONCILIATION OF NET ASSETS ON PART XI, LINE 9. Pt XI OTHER CHANGES IN NET ASSETS OR FUND BALANCES: Pt XI PATRONAGE CAPITAL RETURNED TO MEMBERS -$2,762,913 Pt XI DECREASE IN OTHER COMPREHENSIVE INCOME -$62,906 Pt XII, Line 2c ENTIRE BOARD HAS OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT AUDITORS.