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Nonprofit · EIN 35-0324995

FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

Tax-exempt · ROCHESTER, IN 46975

Financials

$17.6M$17.6M2023$17.8M$17.8M2024
Revenue Expenses · by fiscal year end
Financials of FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$17,764,881$17,764,881$0$34,202,704$13,776,190$20,426,514
December 31, 2023990$17,595,532$17,595,532$0$31,131,519$11,497,268$19,634,251
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$17,118,096
Investment income
$99,776
Other revenue
$547,009

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,466,547
Compensation of officers, directors and key employees
$1,111,494
Other salaries and wages
$500,876
Salaries, compensation and benefits (total)
$1,952,832
Professional fundraising fees
$0
Depreciation
$1,097,735

Balance sheet and other

Total assets, start of year
$31,131,519
Total assets, end of year
$34,202,704
Total liabilities, end of year
$13,776,190
Net assets, end of year
$20,426,514
Land, buildings and equipment
$25,136,435
Gross unrelated business income
$29,387
Gross receipts
$17,764,881
Employees
22
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ANDREW HORSTMANCEO
Officer
50$170,865$60,320
FRED MCGLOTHINSUPERINTENDENT
Highest-paid employee
40$122,438$49,137
KELLEY KITCHENCFO
Highest-paid employee
40$121,850$49,319
EVAN WILDERMUTHJOURNEYMAN LINEMAN
Highest-paid employee
40$127,265$36,463
BRANDON WORTLEYJOURNEYMAN LINEMAN
Highest-paid employee
40$118,297$40,098
COLE WALTERSJOURNEYMAN LINEMAN
Highest-paid employee
40$118,166$33,509
ANGELA MILLERVICE PRESIDENT
Trustee or director, Officer
6$10,844$0
DENNIS BURTONPRESIDENT
Trustee or director, Officer
6$10,644$0
LEANDER HOOVERSECRETARY/TREASURER
Trustee or director, Officer
5$9,569$0
ADAM LOEHMERDIRECTOR
Trustee or director
4$8,756$0
BROCK SCHWENKDIRECTOR
Trustee or director
4$8,398$0
STEPHANIE MCCULLEYDIRECTOR
Trustee or director
2$7,353$0
SETH WHITEDIRECTOR
Trustee or director
2$4,532$0
BLAIN A HIZERDIRECTOR
Trustee or director
2$3,671$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
ANDREW HORSTMANCEO
Officer
50$161,466$50,443
FRED MCGLOTHINSUPERINTENDENT
Highest-paid employee
40$121,012$39,135
EVAN WILDERMUTHJOURNEYMAN LINEMAN
Highest-paid employee
40$126,476$33,667
DUSTIN STINSONJOURNEYMAN LINEMAN
Highest-paid employee
40$111,041$44,332
BRANDON WORTLEYJOURNEYMAN LINEMAN
Highest-paid employee
40$115,626$38,416
DARRELL HOPKINSJOURNEYMAN LINEMAN
Highest-paid employee
40$119,413$28,935
LEANDER HOOVERSECRETARY/TREASURER
Trustee or director, Officer
2$10,601$0
DENNIS BURTONPRESIDENT
Trustee or director, Officer
2$9,673$0
ANGELA MILLERVICE PRESIDENT
Trustee or director, Officer
2$9,623$0
BROCK SCHWENKDIRECTOR
Trustee or director
2$9,047$0
ADAM LOEHMERDIRECTOR
Trustee or director
2$7,897$0
STEPHANIE MCCULLEYDIRECTOR
Trustee or director
2$7,722$0
ERIC WALSHDIRECTOR
Trustee or director
2$7,293$0

Address and contacts

Address (IRS master file)
1448 W STATE ROAD 14, ROCHESTER, IN 46975-7919
In care of
% KELLEY KITCHEN
Principal officer (990 for 2024)
KELLEY KITCHEN, 1448 W SR 14, ROCHESTER, IN 46975
Signed the 990
KELLEY KITCHEN, CFO
Phone
(574) 223-3156
Return prepared by
MONROE SHINE & CO INC CPA'S

Mission

THE MISSION OF FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION IS TO PROVIDE ELECTRICITY FOR ITS MEMBERS AT A REASONABLE COST.

990 for the year ended December 31, 2024

Program accomplishments

  • DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 6,300 METERS AND 4,700 MEMBERS ON A COOPERATIVE BASIS

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-0324995
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)
$34,202,704
Income (IRS master file)
$17,764,881

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$17,764,881$17,764,881$34,202,704XML
990December 2023$17,595,532$17,595,532$31,131,519XML
990December 2022$17,488,166$17,488,166$29,979,808IRS
990December 2021–––IRS
990December 2020–––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 35-0324995).

Questions about FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION

What is the EIN of FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION?
The employer identification number (EIN) of FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION is 35-0324995.
Is FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
Are donations to FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FULTON 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 FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FULTON 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 2024.
Who is the principal officer of FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION?
The 990 for the year ended December 31, 2024 names KELLEY KITCHEN.
Who are the officers and directors of FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION?
The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $170,865 (ANDREW HORSTMAN, CEO).
How much revenue does FULTON COUNTY RURAL ELECTRIC MEMBERSHIP CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $17,764,881, expenses of $17,764,881 and total assets of $34,202,704 at year end.

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