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Nonprofit · EIN 35-0261964

DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Tax-exempt · LOOGOOTEE, IN 47553

Financials

$44.5M$41.5M2023$44.8M$41.8M2024$45.3M$41.3M2025
Revenue Expenses · by fiscal year end
Financials of DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$45,334,679$41,334,220$4,000,459$73,048,874$25,839,778$47,209,096
December 31, 2024990$44,845,765$41,813,621$3,032,144$65,699,388$22,246,447$43,452,941
December 31, 2023990$44,489,781$41,546,454$2,943,327$62,601,202$22,064,175$40,537,027
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$43,832,960
Investment income
$143,644
Net gain from sales of assets
$110,553
Net income from sales of inventory
$11,358
Other revenue
$1,358,075

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$440,797
Other salaries and wages
$444,191
Salaries, compensation and benefits (total)
$884,988
Professional fundraising fees
$0
Legal fees
$31,260
Depreciation
$2,040,153

Balance sheet and other

Total assets, start of year
$65,699,388
Total assets, end of year
$73,048,874
Total liabilities, end of year
$25,839,778
Net assets, end of year
$47,209,096
Land, buildings and equipment
$45,710,796
Gross unrelated business income
$11,358
Gross receipts
$45,842,353
Employees
35
Volunteers
0
Year formed
1939
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RYAN DANTCEO
Officer
40$204,169$59,022
STEVE EMBERTONLINEMAN
Highest-paid employee
48.59$154,281$50,262
DENNIS WILSONDIRECTOR OF OPERATIONS
Officer
40$136,176$59,726
ROBERT POWELLDIRECTOR OF SYSTEM OPS.
Officer
40$131,907$58,135
TYLER BOSTOCKLINEMAN
Highest-paid employee
51.1$149,722$40,198
NATHAN ALBRIGHTLINE SUPERINTENDENT
Highest-paid employee
40$125,698$54,017
ERICA WORLANDDIRECTOR OF FINANCE & ADMIN
Officer
40$127,145$50,460
JORDAN KAISERLINEMAN
Highest-paid employee
48.59$135,223$40,023
JESSE SWARTZENTRUBERLINEMAN
Highest-paid employee
47.47$131,056$39,934
DALE MARCHINOFORMER DIRECTOR
Former
0$14,324$14,324
D TERRY CHAPMANTREASURER
Trustee or director, Officer
4.22$19,510$4
BRANDT SCHUCKMANPRESIDENT
Trustee or director, Officer
4.22$14,916$6
TRAVIS SUMMERSDIRECTOR
Trustee or director
2.16$13,371$6
AMY BURRISDIRECTOR
Trustee or director
2.18$12,576$6
JOHN EDWARDSSECRETARY
Trustee or director, Officer
5.85$12,002$6
2 more people on this return
NameTitleHours / weekCompensationOther / benefits
JOSH DOVEVICE PRESIDENT
Trustee or director, Officer
1.79$11,470$6
AUGUST BAUERDIRECTOR
Trustee or director
1.06$10,452$3
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
RYAN DANTCEO
Officer
40$190,147$53,317
DENNIS WILSONDIRECTOR OF OPERATIONS
Officer
40$124,546$53,898
STEVE EMBERTONLINE FOREMAN
Highest-paid employee
47.81$130,270$44,869
ROBERT POWELLDIRECTOR OF SYSTEM OPS.
Officer
40$121,279$52,759
ALAN SIMSJOURNEY LINEMAN
Highest-paid employee
50.31$131,208$41,652
TYLER BOSTOCKJOURNEY LINEMAN
Highest-paid employee
49.48$132,481$36,399
ERICA WORLANDCFO
Officer
40$118,472$45,098
JESSE SWARTZENTRUBERJOURNEY LINEMAN
Highest-paid employee
46.54$117,393$36,352
JORDAN KAISERJOURNEY LINEMAN
Highest-paid employee
46.82$117,662$35,759
DALE MARCHINOFORMER DIRECTOR
Former
0$13,011$13,011
D TERRY CHAPMANTREASURER
Trustee or director, Officer
5.09$19,204$4
BRANDT SCHUCKMANPRESIDENT
Trustee or director, Officer
3.94$14,257$6
TRAVIS SUMMERSDIRECTOR
Trustee or director
2.05$12,640$6
AMY BURRISDIRECTOR
Trustee or director
1.98$12,436$6
JOSH DOVEVICE PRESIDENT
Trustee or director, Officer
1.85$12,014$6
JOHN EDWARDSSECRETARY
Trustee or director, Officer
8.11$11,799$6
AUGUST BAUERDIRECTOR
Trustee or director
1.19$10,011$3
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
RYAN DANTCEO
Officer
40$162,619$51,759
STEVE EMBERTONLINE FOREMAN
Highest-paid employee
49.48$135,250$43,115
DENNIS WILSONDIRECTOR OF OPERATIONS
Officer
40$118,107$51,862
ROBERT POWELLDIRECTOR OF SYSTEM OPERATIONS
Officer
40$117,775$50,901
ALAN SIMSJOURNEY LINEMAN
Highest-paid employee
49.68$127,101$40,370
TYLER BOSTOCKJOURNEY LINEMAN
Highest-paid employee
49.73$127,639$35,140
ERICA WORLANDCFO
Officer
40$114,197$45,732
NATHAN ALBRIGHTLINE SUPERINTENDENT
Highest-paid employee
43.19$116,179$43,023
JORDAN KAISERJOURNEY LINEMAN
Highest-paid employee
49.68$126,293$30,445
DEAN HARRAWOODFORMER DIRECTOR
Former
0$13,232$13,232
DALE MARCHINOFORMER DIRECTOR
Former
0$11,551$11,551
D TERRY CHAPMANDIRECTOR
Trustee or director
5.11$21,667$4
TRAVIS SUMMERSPRESIDENT
Trustee or director, Officer
2.91$18,348$6
AMY BURRISSECRETARY
Trustee or director, Officer
2.01$14,406$6
JOHN EDWARDSDIRECTOR
Trustee or director
7.27$13,399$6
JOSH DOVETREASURER
Trustee or director, Officer
1.71$13,165$6
BRANDT SCHUCKMANVICE PRESIDENT
Trustee or director, Officer
2.91$12,352$6
AUGUST BAUERDIRECTOR
Trustee or director
1.46$11,890$3

Address and contacts

Address (IRS master file)
PO BOX 430, LOOGOOTEE, IN 47553-0430
Principal officer (990 for 2025)
ERICA WORLAND, PO BOX 430, LOOGOOTEE, IN 47553
Signed the 990
ERICA WORLAND, CFO
Phone
(812) 295-4200
Return prepared by
LWG CPAS & ADVISORS LLC

Mission

TO PROVIDE DEPENDABLE ELECTRICITY AND QUALITY SERVICES FOR OUR MEMBERS AT REASONABLE COST.

990 for the year ended December 31, 2025

Program accomplishments

  • DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS.
    Expenses $41,334,220 · revenue $45,179,677

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-0261964
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1939
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$73,048,874
Income (IRS master file)
$45,842,353

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$45,334,679$41,334,220$73,048,874IRS
990December 2024$44,845,765$41,813,621$65,699,388IRS
990December 2023$44,489,781$41,546,454$62,601,202XML
990December 2022$39,754,758$38,111,294$61,548,405IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-0261964).

Questions about DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

What is the EIN of DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION?
The employer identification number (EIN) of DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION is 35-0261964.
Is DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1939.
Are donations to DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION?
The 990 for the year ended December 31, 2025 names ERICA WORLAND.
Who are the officers and directors of DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION?
The 990 for the year ended December 31, 2025 lists 17 people; 17 received compensation from the organization, the highest $204,169 (RYAN DANT, CEO).
How much revenue does DAVIESS-MARTIN COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $45,334,679, expenses of $41,334,220 and total assets of $73,048,874 at year end.

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