Public Charity

HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

HENDRICKS COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION is a nonprofit organization categorized as Public Charity based in DANVILLE, IN. Its most recent IRS filing (2025) reports revenue of $122.0M, expenses of $122.0M, total assets of $285.4M.

EIN: 350376478 DANVILLE, IN Latest filing: 2025
Total Revenue$122.0M
Total Expenses$122.0M
Total Assets$285.4M
Grant Records0
Filing Years2020–2025

Mission

HENDRICKS POWER COOPERATIVE EXISTS TO DISTRIBUTE HIGH QUALITY RELIABLE AND COMPETITIVELY VALUED ELECTRIC ENERGY TO ITS MEMBER OWNERS IN AN ENVIRONMENTALLY RESPONSIBLE MANNER.

Where $100 goes at Hendricks County Rural Electric Membership Corporation

How Hendricks County Rural Electric Membership Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Distribution of electricity to members
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director of Technology Amy C Watson
Director Brent Shay
Secretary of Board Christopher Mann
Director-Finance Mbr Svc David R Olmstead
Director David Thomas
Director-Bus Analytics Debra S Anderson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $122.0M $122.0M $285.4M
2024 $115.9M $115.9M $264.4M
2023 $108.3M $108.3M $246.4M
2022 $102.5M $102.5M $234.9M
2020 $91.5M $91.5M $191.5M

Between 2020 and 2025, reported annual revenue grew from $91.5M to $122.0M (+33%), with total assets most recently reported at $285.4M.

Interactive year-over-year charts and full filing details available with membership.

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