2024-05-09T16:17:32-04:00 2023-12-31 351679361 LEONARD J ANDORFER & CO LLP 110 W BERRY STREET STE 2202 FORT WAYNE IN 468022311 990 2023-01-01 350457973 LAGRANGE COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION LAGR 2604637165 1995 E US HIGHWAY 20 LAGRANGE IN 46761 MARK LEU CEO 2604637165 2024-05-01 true MARK LEU XXX-XX-XXXX false MARK J ANDORFER CPA P00017582 2604239405 2024-05-01 2023 2023-04-26 12:10:37Z MARK LEU 1995 E US HIGHWAY 20 LAGRANGE IN 46761 16021985 false X WWW.LAGRANGEREMC.COM X 1936 IN AS A MEMBER OWNED, NON-PROFIT SERVICE ORGANIZATION, OUR MISSION IS TO PROVIDE EFFICIENT AND RELIABLE ELECTRIC SERVICE TO OUR MEMBERS. 7 7 35 0 0 13457460 15168089 17331 28262 874569 823710 14349360 16020061 8660 6761 7130 7527 2280678 3729141 0 0 11791725 12603938 14088193 16347367 261167 -327306 50097597 55686403 32649427 38407824 17448170 17278579 AS A MEMBER OWNED, NON-PROFIT SERVICE ORGANIZATION, OUR MISSION IS TO PROVIDE EFFICIENT AND RELIABLE ELECTRIC SERVICE TO OUR MEMBERS. false false DISTRIBUTION OF ELECTRICITY AND RELIABLE HIGH SPEED INTERNET TO RURAL CUSTOMERS false false true false false false false false false true true false false true true true true 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 18 0 true 35 true false false false false false 15168089 852072 false false false X 7 7 false false false false false true true true true false false true true true true true true true true false IN X DAVID TRAYLOR 2604637165 1995 E US HIGHWAY 20 LAGRANGE IN 46761 ROGER DOMER PRESIDENT 4.40 X X 16700 0 0 TERRY HOLSINGER VICE PRESIDE 3.45 X X 15000 0 0 JEFF BRILL SECRETARY/TR 3.44 X X 15850 0 0 TONY BONTRAGER DIRECTOR 4.77 X 17050 0 0 CLIFF HIBBS DIRECTOR 4.90 X 17450 0 0 MICHAEL HUPPENTHAL DIRECTOR 4.66 X 16550 0 0 C SHANE RASLER DIRECTOR 4.38 X 17450 0 0 MARK LEU CEO 40.00 X 188143 0 5106 RANDY TROYER TECHNICAL SE 40.00 X 130650 0 0 BRITTANY SAMS MARKETING & 40.00 X 117780 0 0 BRANDON ALTIMUS OPERATIONS & 40.00 X 115050 0 0 DAVID TRAYLOR FINANCE & AC 40.00 X 110370 0 0 778043 5106 5 false true false AMPP CONSTRUCTION LLC 810 W WASHINGTON ST WINCHESTER IN 47391 CONSTRUCTION 208032 1 OPERATING REVENUE 221000 15168089 15168089 15168089 29986 29986 200 1924 -1724 -1724 PATRONAGE REVENUE 221000 566446 566446 RENT FROM ELECTRIC PROPER 900002 252426 252426 MISCELLANEOUS INCOME 900099 4838 4838 823710 16020061 15168089 853696 6761 6761 7527 7527 309299 309299 2273869 2273869 343553 343553 603863 603863 198557 198557 84308 84308 18750 18750 77144 77144 5434 5434 108030 108030 200006 200006 25097 25097 289493 289493 1763396 1763396 105614 105614 COST OF POWER 7954935 7954935 OPERATIONS 1366983 1366983 MAINTENANCE DISTRIBUTION 252691 252691 CUSTOMER ACCOUNTS 199982 199982 152075 152075 16347367 16347367 0 0 766447 598363 1060638 1095451 4920760 3471705 60938535 16768423 37440396 44170112 5706946 6146758 14151 14151 188259 189863 50097597 55686403 5251981 6012776 5265000 21895423 32259757 237023 135291 32649427 38407824 X 1461081 1591714 15987089 15686865 17448170 17278579 50097597 55686403 X -327306 117089 40626 X false true X true false 2000 2000 2000 false INDIANA FORE 8888 KEYSTONE CROSSING STE 1600 INDIANAPOLIS IN 46240 351998087 2000 347817 347817 28344802 1426284 26918518 32245916 15342139 16903777 44170112 WABASH VALLEY POWER ASSOC 4371680 C NRTC PATRONAGE 510038 C CAPITAL TERM AND LON CER 456755 C PATRONAGE CAPITAL CERTIFI 390732 C FEDERATED INSURANCE 136177 C UNITED UTILITY SUPPLY PAT 105198 C SOUTHEASTERN DATA COOPERA 88006 C INDIANA STATE WIDE PATRONA 70040 C ACCORD TELE 18132 C 6146758 COMPENSATED ABSENCES 132831 PATRONAGE CAPITAL PAYABLE 2460 135291 X 16020061 16020061 16020061 16347367 16347367 16347367 SCHEDULE D, PAGE 3, PART X THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED FASB ASC 740-10-25, AND DETERMINED NO MATERIAL UNRECOGNIZED TAX BENEFITS OR LIABILITIES EXIST AS OF DECEMBER 31, 2023. THE ADOPTION OF FASB ASC 740-10-25 DID NOT IMPACT THE CORPORATION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. IF APPLICABLE, THE CORPORATION WILL RECOGNIZE INTEREST AND PENALTIES RELATED TO UNDERPAYMENT OF INCOME TAXES AS INCOME TAX EXPENSE. AS OF DECEMBER 31, 2023, THE CORPORATION HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE CORPORATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR. THE CORPORATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND STATE AGENCIES FOR YEARS BEFORE 2020. false false false MARK LEU CEO 188143 5106 193249 FORM 990, PAGE 6, PART VI, LINE 7A THE REMC'S TERRITORY IS DIVIDED UP INTO DISTRICTS AND THERE IS ONE BOARD MEMBER THAT REPRESENTS EACH DISTRICT. THE BOARD IS ELECTED BY THE MEMBERS OF THE REMC. FORM 990, PAGE 6, PART VI, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE MEMBERS' APPROVAL AND ARE REVIEWED AT THE ANNUAL MEEETING. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE BOARD AT THEIR MONTHLY MEETING PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS AS WELL AS THE OFFICERS REVIEW THE CONFLICT OF INTEREST POLICY AND EMPLOYEES' RELATIONSHIPS ANNUALLY TO VERIFY THERE IS NOT A BREACH OF POLICY. THE BOARD COMPLETES AND SIGNS THE STATEMENT OF DISCLOSURE ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A SALARIES ARE EVALUATED AGAINST THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE ANNUAL RAISES. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES ARE EVALUATED AGAINST THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE ANNUAL RAISES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY MEMBERS. THEY ARE ALL LOCATED AT THE REMC HEADQUARTERS. FORM 990, PART XI, LINE 9 UNRECOGNIZED NET PERIODIC POST-RETIREMENT BENEFIT 40,626