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Northeastern Rural Electric Membership Corporation

501(c)Politically Active
DBA: MEMBERSHIP CORPORATION
Other · COLUMBIA CITY, IN · EIN 35-0756490

About

Northeastern rural electric membership corporation (nremc) is indiana's third largest member-owned electric distribution cooperative supplying electric power to more than 34,000 members in portions of allen, huntington, kosciusko, noble, wabash, and whitley counties in northeastern indiana. Nremc is committed to ensuring sustainable, cost-effective, and reliable energy supply to its members across northeastern indiana. Nremc is an atypical cooperative that has strategically positioned itself to leverage its flexibility through the implementation of behind the meter (BTM) resources. Nremc, as an innovative distribution system operator (DSO), utilizes its flexibility to better control its costs. Nremc is a LOAD serving entity (LSE) in PJM.

DBA Membership Corporation

Donations are NOT tax-deductible
Category
Other
Employees
88
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$132.2M
Expenses
$132.2M
Assets
$197.5M
Liabilities
$127.3M

Financial history

$148.6M$74.3M$0
222324
RevenueExpenses
Latest FY2024: $132.2M · Peak FY2022: $148.6M · Avg: $134.4M

Political & Grant Activity

Campaign Spending
$12K
Lobbying
Grants Given
NORTHEASTERN RURAL ELECTRIC MEMBERSHIP CORPORATION
Your actions

Address

4901 E Park 30 DR
Columbia City, IN, 46725-888

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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