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Nonprofit · EIN 35-0491815

MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP

Tax-exempt · PLYMOUTH, IN 46563

Financials

$15.7M$15.1M2021$18.6M$16.3M2023$19.4M$16.9M2024$19.9M$17.2M2025
Revenue Expenses · by fiscal year end
Financials of MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$19,882,792$17,163,215$2,719,577$69,795,122$31,146,377$38,648,745
December 31, 2024990$19,359,397$16,908,826$2,450,571$66,729,495$30,623,904$36,105,591
December 31, 2023990$18,572,753$16,289,404$2,283,349$63,106,946$29,399,164$33,707,782
December 31, 2021990$15,720,855$15,096,018$624,837$57,778,404$28,551,211$29,227,193
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$19,034,503
Investment income
$39,648
Net rental income
$205,780
Net income from sales of inventory
$1,746
Other revenue
$808,641

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$982,992
Salaries, compensation and benefits (total)
$982,992
Professional fundraising fees
$0
Depreciation
$1,474,365

Balance sheet and other

Total assets, start of year
$66,729,495
Total assets, end of year
$69,795,122
Total liabilities, end of year
$31,146,377
Net assets, end of year
$38,648,745
Land, buildings and equipment
$49,035,613
Gross receipts
$19,900,978
Employees
23
Volunteers
0
Year formed
1936
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 / weekCompensationFrom related orgsOther / benefits
DAVE LEWALLENPRESIDENT/CEO
Trustee or director, Officer
40$153,998$0$58,101
CHRISTOPHER LAWLERLINEMAN
Highest-paid employee
40$150,970$0$52,629
CHRISTOPHER ENNISLINEMAN
Highest-paid employee
40$141,160$0$52,729
JOSH VANVACTORLINEMAN
Highest-paid employee
40$140,440$0$52,729
JOHN YATESLINEMAN
Highest-paid employee
40$138,953$0$52,729
TOD BREMSOPEARTION MANAGER
Highest-paid employee
40$136,041$0$54,690
JON RETTINGERDIRECTOR
Trustee or director
6$15,652$12,750$0
DR RICHARD LEEPERDIRECTOR
Trustee or director
6$15,862$12,100$0
TRAVIS W BRYANTDIRECTOR OF FINANCE & ACCOUNTING
Officer
40$14,667$0$2,578
MELINDA OVERMYERDIRECTOR
Trustee or director
3$15,297$0$0
ROBIN ROBERTSDIRECTOR
Trustee or director
10$15,101$0$0
MIKEL LARGEDIRECTOR - CHAIRMAN
Trustee or director, Officer
3$15,084$0$0
ANDY LEMIERDIRECTOR - VICE CHAIRMAN
Trustee or director, Officer
3$15,067$0$0
RYAN SEIBERDIRECTOR - SECRETARY/TREASURER
Trustee or director, Officer
10$14,700$0$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David LewallenCEO/President
Institutional trustee, Officer
40$147,704$0$55,098
Kenneth EgglestonLineman
Highest-paid employee
40$137,272$0$50,056
Christopher EnnisLineman
Highest-paid employee
40$132,609$0$50,056
Christopher LawlerLineman
Highest-paid employee
40$129,359$0$50,056
Joshua VanVactorLineman
Highest-paid employee
40$128,591$0$50,056
Zachary BookerLineman
Highest-paid employee
40$131,936$0$42,800
Naomi PodlesakCFO
Officer
40$103,322$0$48,499
Dr Richard LeeperDirector - Chairman
Trustee or director, Officer
7$16,641$13,850$0
Jon RettingerDirector - Treasurer/Secretary
Trustee or director, Officer
6$16,781$13,500$0
Ryan SieberDirector
Trustee or director
2$16,287$0$0
Robin RobertsDirector
Trustee or director
2$16,278$0$0
Mikel LargeDirector - Vice-Chairman
Trustee or director, Officer
2$16,268$0$0
Andy LemlerDirector
Trustee or director
2$16,064$0$0
Melinda OvermeyerDirector
Trustee or director
2$12,569$0$0
Steven RingerDirector
Trustee or director, Former
2$3,750$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David LewallenCEO/President
Institutional trustee, Officer
40$142,008$0$52,183
Tod BremsOperations Manager
Highest-paid employee
40$127,946$0$50,689
JOHN YATESLINEMAN
Highest-paid employee
40$126,569$0$47,131
Kenneth EgglestonLineman
Highest-paid employee
40$130,487$0$41,041
SAWYER CRIPELINEMAN
Highest-paid employee
40$123,067$0$47,131
Christopher LawlerLineman
Highest-paid employee
40$121,481$0$47,131
NAOMI PODLESAKCFO
Officer
40$98,209$0$45,799
DR RICHARD LEEPERDIRECTOR - CHAIRMAN
Trustee or director, Officer
8$17,604$14,550$0
JON RETTINGERDIRECTOR - TREASURER/SECRETARY
Trustee or director, Officer
8$15,807$9,900$0
MIKEL LARGEDIRECTOR - VICE-CHAIRMAN
Trustee or director, Officer
4$15,885$0$0
ROBIN ROBERTSDIRECTOR
Trustee or director
3$15,662$0$0
ANDY LEMLERDIRECTOR
Trustee or director
3$15,621$0$0
STEPHEN RINGERDIRECTOR
Trustee or director
3$15,223$0$0
Ryan SieberDirector
Trustee or director
3$11,748$0$0
Steve RobertsDirector
Trustee or director, Former
3$3,750$0$0
990 for the year ended December 31, 2021: 14 people
NameTitleHours / weekCompensationOther / benefits
DAVID LEWALLENCEO
Highest-paid employee
40$131,733$63,684
JOHN YATESLINEMAN
Highest-paid employee
46.6$129,886$54,305
ZACHARY BOOKERLINEMAN
Highest-paid employee
46.32$127,025$50,625
CHRISTOPHER ENNISLINEMAN
Highest-paid employee
45.8$124,628$46,650
DAVID DENNYOFFICE MANAGER
Highest-paid employee
40$126,529$43,223
JOSHUA VAN VACTORLINEMAN
Highest-paid employee
45.63$125,225$40,845
RICHARD LEEPERBOARD VICE PRESIDENT
Trustee or director, Officer
10$14,242$10,811
JON RETTINGERBOARD SECRETARY
Trustee or director, Officer
5$6,352$14,245
MIKEL LARGEBOARD MEMBER
Trustee or director
3$13,040$0
ANDY LEMLERBOARD MEMBER
Trustee or director
3$13,030$0
STEPHEN RINGERBOARD MEMBER
Trustee or director
3$12,640$0
STEVEN ROBERTSBOARD MEMBER
Trustee or director
3$10,620$0
ROBIN ROBERTSBOARD MEMBER
Trustee or director
3$10,301$0
ROBERT BROEKERPRESIDENT
Trustee or director, Officer
3$3,651$0

Address and contacts

Address (IRS master file)
11299 12TH RD, PLYMOUTH, IN 46563-9012
Principal officer (990 for 2025)
TRAVIS BRYANT, 11299 12TH ROAD PO BOX 250, PLYMOUTH, IN 465630250
Signed the 990
TRAVIS BRYANT, DIRECTOR OF FINANCE & ACCOUNT
Phone
(574) 936-3161
Return prepared by
LWG CPAS & ADVISORS LLC

Mission

THE PURPOSE OF MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO DISTRIBUTE ELECTRIC ENERGY TGITS MEMBERS AT THE LOWEST COST CONSISTENT WUTH SOUND ECONOMLC MANAGEMENT.

990 for the year ended December 31, 2025

Program accomplishments

  • DISTRIBUTION OF ELECTRICITY ON A COOPERATIVE BASIS.
    Expenses $17,163,215 · revenue $19,882,792

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
35-0491815
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1937
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$69,795,122
Income (IRS master file)
$19,900,978

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$19,882,792$17,163,215$69,795,122IRS
990December 2024$19,359,397$16,908,826$66,729,495IRS
990December 2023$18,572,753$16,289,404$63,106,946XML
990December 2022$17,692,706$15,445,745$60,789,421IRS
990December 2021$15,720,855$15,096,018$57,778,404XML
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 35-0491815).

Questions about MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP

What is the EIN of MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP?
The employer identification number (EIN) of MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP is 35-0491815.
Is MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
Are donations to MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP 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 MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP 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 MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP 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 MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP?
The 990 for the year ended December 31, 2025 names TRAVIS BRYANT.
Who are the officers and directors of MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP?
The 990 for the year ended December 31, 2025 lists 14 people; 14 received compensation from the organization, the highest $153,998 (DAVE LEWALLEN, PRESIDENT/CEO).
How much revenue does MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP have?
On its 990 for the year ended December 31, 2025 it reported revenue of $19,882,792, expenses of $17,163,215 and total assets of $69,795,122 at year end.

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