Mission
To safely and efficiently provide reliable electric services for the community.
Public Charity
Johnson County Rural Electric Membership Corporation
Johnson County Rural Electric Membership Corporation is a Public Charity headquartered in Franklin, IN. Financial data from the 2025 filing: $77.2M revenue, $75.0M expenses, $244.0M total assets.
EIN: 350424700
Franklin, IN
Latest filing: 2025
Total Revenue$77.2M
Total Expenses$75.0M
Total Assets$244.0M
Grant Records0
Filing Years2020–2025
Where $100 goes at Johnson County Rural Electric Membership Corporation
How Johnson 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
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
Mgr Electric Operation
Daniel Wood
Board of Director
Dennis Stewart
Board of Director
Glenn Mcalpin
Vice President
Jamie Meredith
CEO
John Sturm
VP of Engineering
Kevin Shelley
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $77.2M | $75.0M | $244.0M |
| 2024 | $76.7M | $73.8M | $202.7M |
| 2023 | $73.4M | $70.3M | $179.8M |
| 2022 | $70.5M | $68.0M | $166.7M |
| 2020 | $61.9M | $58.3M | $143.7M |
Between 2020 and 2025, reported annual revenue grew from $61.9M to $77.2M (+25%), with total assets most recently reported at $244.0M.
Interactive year-over-year charts and full filing details available with membership.