2024-05-14T10:39:30-07:00 2023-12-31 990 2023-01-01 350491815 MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORP MARS 5749363161 11299 12TH ROAD PLYMOUTH IN 46563 Naomi Podlesak Chief Financial Officer 5749363161 2024-05-14 Naomi Podlesak 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z David Lewallen 11299 12th Road Plymouth IN 46563 18599445 0 X WWW.MARSHALLREMC.COM X 1936 IN THE PURPOSE OF MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO DISTRIBUTE ELECTRIC ENERGY TO ITS MEMBERS AT THE LOWEST COST CONSISTANT WITH SOUND ECONOMIC MANAGEMENT. 7 7 21 0 0 0 0 0 17410299 18278930 12358 26966 270049 266857 17692706 18572753 0 0 0 0 919348 765047 0 0 0 14526397 15524357 15445745 16289404 2246961 2283349 60789421 63106946 29356894 29399164 31432527 33707782 THE PURPOSE OF MARSHALL COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO DISTRIBUTE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTANT WITH SOUND ECONOMIC MANAGEMENT. 0 0 16289404 18572754 DISTRIBUTION OF ELECTRICITY ON A COOPERATIVE BASIS. 0 0 0 16289404 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 24 0 0 21 1 0 0 0 0 0 18122209 206658 0 0 0 X 7 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 IN X NAOMI PODLESAK 5749363161 11299 12TH ROAD PLYMOUTH IN 46563 David Lewallen CEO/President 40 0 X X 142008 0 52183 Tod Brems Operations Manager 40 0 X 127946 0 50689 JOHN YATES LINEMAN 40 0 X 126569 0 47131 Kenneth Eggleston Lineman 40 0 X 130487 0 41041 SAWYER CRIPE LINEMAN 40 0 X 123067 0 47131 Christopher Lawler Lineman 40 0 X 121481 0 47131 NAOMI PODLESAK CFO 40 0 X 98209 0 45799 DR RICHARD LEEPER DIRECTOR - CHAIRMAN 8 8 X X 17604 14550 0 JON RETTINGER DIRECTOR - TREASURER/SECRETARY 8 5 X X 15807 9900 0 MIKEL LARGE DIRECTOR - VICE-CHAIRMAN 4 0 X X 15885 0 0 ROBIN ROBERTS DIRECTOR 3 0 X 15662 0 0 ANDY LEMLER DIRECTOR 3 0 X 15621 0 0 STEPHEN RINGER DIRECTOR 3 0 X 15223 0 0 Ryan Sieber Director 3 0 X 11748 0 0 Steve Roberts Director 3 0 X X 3750 0 0 981067 24450 331105 9 1 1 0 Electricom PO Box 319 Paoli IN 47454 Utility Pole Replacement 145469 Lintec Services LLC 19820 North 7th Ave Suite 120 Pheonix AZ 85027 Replace Utility Poles 385298 Mint City Utility PO Box 210 Bremen IN 46506 Trimmed Trees/Spray 649269 3 0 Electric Sales 221000 18278930 18278930 0 0 0 0 0 0 18278930 26966 0 0 26966 0 0 0 0 0 0 0 0 124006 0 0 0 124006 0 124006 124006 0 0 0 0 52853 26692 26161 26161 0 0 Miscellaneous Revenue 523000 116690 0 0 116690 0 0 0 0 116690 18572753 18429097 0 143656 765047 765047 874856 874856 1567481 1567481 Purchased Power 9409714 9409714 0 0 Operations & Maintenance 2032976 2032976 0 0 Consumer Service 445092 445092 0 0 General & Administration 1096197 1096197 0 0 98041 98041 0 0 16289404 16289404 0 0 229171 374880 1713340 511429 0 0 1443876 1556541 0 0 0 0 0 0 846078 1710772 1434805 1417112 51031537 6085018 43566465 44946519 0 0 0 0 11555686 12589693 60789421 63106946 1712765 1716091 0 0 0 0 0 0 0 0 0 0 27639692 27678732 0 0 4437 4341 29356894 29399164 X 113359 113749 118017 109531 31201151 33484502 31432527 33707782 60789421 63106946 X 2283349 0 0 0 0 -8094 X 0 1 0 0 76621 0 76621 4448848 0 3096728 1352120 0 0 0 0 46506068 0 2988290 43517778 0 0 0 0 44946519 Investment in Associated Organization 12589693 12589693 0 Deferred Credits 4341 4341 X X 0 0 0 David Lewallen CEO/President 136000 0 0 0 6008 0 0 0 52183 0 194191 0 0 0 Kenneth Eggleston Lineman 128487 0 2000 0 0 0 0 0 41041 0 171528 0 0 0 Tod Brems Operations Manager 121810 0 0 0 6136 0 0 0 50689 0 178635 0 0 0 JOHN YATES LINEMAN 124569 0 2000 0 0 0 0 0 47131 0 173700 0 0 0 SAWYER CRIPE LINEMAN 121067 0 2000 0 0 0 0 0 47131 0 170198 0 0 0 Christopher Lawler Lineman 119481 0 2000 0 0 0 0 0 47131 0 168612 0 0 0 NAOMI PODLESAK CFO 98209 0 0 0 0 0 0 0 45799 0 144008 0 0 0 DR RICHARD LEEPER DIRECTOR - CHAIRMAN 15400 14500 0 0 2204 0 0 0 0 0 17604 14500 0 0 MIKEL LARGE DIRECTOR - VICE-CHAIRMAN 15400 0 0 0 485 0 0 0 0 0 15885 0 0 0 JON RETTINGER DIRECTOR - TREASURER/SECRETARY 15400 9900 0 0 407 0 0 0 0 0 15807 9900 0 0 ROBIN ROBERTS DIRECTOR 15400 0 0 0 262 0 0 0 0 0 15662 0 0 0 ANDY LEMLER DIRECTOR 15400 0 0 0 221 0 0 0 0 0 15621 0 0 0 STEPHEN RINGER DIRECTOR 15000 0 0 0 223 0 0 0 0 0 15223 0 0 0 Ryan Sieber Director 11650 0 0 0 98 0 0 0 0 0 11748 0 0 0 Steve Roberts Director 3750 0 0 0 0 0 0 0 0 0 3750 0 0 0 Jon Rettinger See Below 9500277 Director 0 Dr Richard Leeper See below 172851 Director 0 Schedule L, Part I, Line 1 Director is a board member for both Marshall County REMC and Wabash Valley Power Association. Marshall purchases power from Wabash. Compensations to the board member was $9,900. Schedule L, Part I, Line 2 Director is both a board member for both Marshall County REMC and Indiana Electric Cooperatives (IEC). IEC provides training and other services to Marshall. Compensation from IEC to the board member was $14,550. Form 990, Part VI, Section A, Line 7a Members vote annually on Board of Directors in accordance with the bylaws of the cooperative. Form 990, Part VI, Section B, Line 11b Form 990 was prepared by the CFO and was reviewed by the board of directors and CEO of the cooperative prior to submittal to IRS. Form 990, Part VI, Section B, Line 12c When a new director is elected, a conflict of interest form is signed. Form 990, Part VI, Section B, Line 15 Data from NRECA, as well as, local data is used in considering job pay since 2022. All non-union pay and/or pay increases are done the same with discussions with the manager and CEO. The CEO pay is determined by the Board of Directors with given NRECA and local data provided by the CFO. Union employees are paid based on the CBA. Form 990, Part VI, Section C, Line 19 Member handbook and bylaws are distributed to the new members or available upon request. Form 990, Part XI, Line 9 Change in Memberships = $390, Unclaimed Refund Checks = -$8,486, return rounding = $2. MARSHALL COUNTY RURAL DEVELOPMENT CORPORATION 11299 12TH ROAD PLYMOUTH IN 46563 823650478 GRANT DEVELOPMENT IN N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0