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Nonprofit · EIN 35-0687680

STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP

Tax-exempt · ANGOLA, IN 46703

Financials

$27.2M$26.1M2023$31.3M$28.6M2024$32.5M$29.4M2025
Revenue Expenses · by fiscal year end
Financials of STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$32,500,482$29,421,547$3,078,935$78,152,064$49,901,514$28,250,550
December 31, 2024990$31,294,376$28,581,224$2,713,152$76,297,082$50,822,382$25,474,700
December 31, 2023990$27,237,127$26,056,299$1,180,828$72,326,480$49,547,089$22,779,391
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$31,411,051
Investment income
$21,783
Other revenue
$1,067,648

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$363,202
Other salaries and wages
$1,817,401
Salaries, compensation and benefits (total)
$3,832,652
Professional fundraising fees
$0
Legal fees
$4,975
Accounting fees
$19,250
Depreciation
$2,961,136

Balance sheet and other

Total assets, start of year
$76,297,082
Total assets, end of year
$78,152,064
Total liabilities, end of year
$49,901,514
Net assets, end of year
$28,250,550
Land, buildings and equipment
$62,344,780
Gross receipts
$32,500,482
Employees
41
Year formed
1937
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
KEVIN KEISERCEO
Officer
50$268,842$4,460
STEVE SMITHCFO
Highest-paid employee
40$142,475$4,127
DUSTIN EVERETTSDIRECTOR OF
Highest-paid employee
40$142,087$3,306
DAVID SHORTDIRECTOR OF
Highest-paid employee
40$131,649$4,127
BRADEN NICHOLSLINEMAN
Highest-paid employee
40$132,009$366
DAYLON ULRICHLINEMAN
Highest-paid employee
40$124,111$0
GARY SHOUGHPRES
Trustee or director, Officer
5.5$17,600$0
MARC NELSONDIRECTOR
Trustee or director
3.5$11,800$0
SAMUEL GUS REEDSEC/TREAS
Trustee or director, Officer
4.8$11,400$0
CARTER SNIDERDIRECTOR
Trustee or director
6.3$10,500$0
LARRY JACKV PRES
Trustee or director, Officer
2.2$8,700$0
MICHAEL KURTZDIRECTOR
Trustee or director
9.4$8,100$0
NEASA KALMEDIRECTOR
Trustee or director
3.5$7,900$0
KEITH KELLERDIRECTOR
Trustee or director
5.6$7,400$0
KYLE STOCKWELLDIRECTOR
Trustee or director
3.2$6,500$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
KEVIN KEISERCEO
Officer
50$219,426$29,219
STEVE SMITHCFO
Highest-paid employee
40$113,283$21,590
DUSTIN EVERETTSDIRECTOR OF
Highest-paid employee
40$128,996$5,353
NAMON MEYERSLINEMAN
Highest-paid employee
40$120,766$8,617
DAYLON ULRICHLINEMAN
Highest-paid employee
40$116,037$10,454
BRADEN NICHOLSLINEMAN
Highest-paid employee
40$107,399$18,487
GARY SHOUGHSEC/TREAS
Trustee or director, Officer
4.96$12,000$0
WAYNE GINGRICHPRES
Trustee or director, Officer
4.95$10,800$0
MARC NELSONDIRECTOR
Trustee or director
3.28$10,800$0
CARTER SNIDERDIRECTOR
Trustee or director
5.52$7,200$0
SAMUEL GUS REEDDIRECTOR
Trustee or director
5.33$7,200$0
LARRY JACKV PRES
Trustee or director, Officer
1.87$6,800$0
MICHAEL KURTZDIRECTOR
Trustee or director
9.72$6,400$0
NEASA KALMEDIRECTOR
Trustee or director
3.93$6,000$0
WILLIAM SNYDERDIRECTOR
Trustee or director
3.31$4,800$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
KEVIN KEISERCEO
Officer
50$209,607$28,121
WAYNE GINGRICHPRES
Trustee or director, Officer
6.29$15,200$0
WILLIAM SNYDERDIRECTOR
Trustee or director
5.44$10,400$0
MARC NELSONDIRECTOR
Trustee or director
2.7$10,000$0
GARY SHOUGHSEC/TREAS
Trustee or director, Officer
4$8,800$0
LARRY JACKV PRES
Trustee or director, Officer
2.52$8,000$0
CARTER SNIDERDIRECTOR
Trustee or director
5.49$8,000$0
MICHAEL KURTZDIRECTOR
Trustee or director
9.04$8,000$0
SAMUEL GUS REEDDIRECTOR
Trustee or director
3.48$6,800$0
NEASA KALMEDIRECTOR
Trustee or director
3.52$6,000$0
SCOTT CHARTERSDIRECTOR
Trustee or director
1.48$4,000$0

Address and contacts

Address (IRS master file)
PO BOX 359, ANGOLA, IN 46703-0359
Principal officer (990 for 2025)
STEVE KAHLE, P O BOX 359, ANGOLA, IN 46703
Signed the 990
STEVE KAHLE, CEO
Phone
(260) 665-3563
Return prepared by
LEONARD J ANDORFER & CO LLP

Mission

ELECTRIC COOPERATIVE

990 for the year ended December 31, 2025

Program accomplishments

  • DISTRIBUTION OF ELECTRICITY AND RELIABLE HIGH SPEED INTERNET TO RURAL CUSTOMERS

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
35-0687680
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$78,152,064
Income (IRS master file)
$32,500,482

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$32,500,482$29,421,547$78,152,064XML
990December 2024$31,294,376$28,581,224$76,297,082XML
990December 2023$27,237,127$26,056,299$72,326,480XML
990December 2022$24,721,068$23,874,923$49,035,276IRS
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 35-0687680).

Questions about STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP

What is the EIN of STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP?
The employer identification number (EIN) of STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP is 35-0687680.
Is STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does STEUBEN 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 STEUBEN 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 STEUBEN 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 STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP?
The 990 for the year ended December 31, 2025 names STEVE KAHLE.
Who are the officers and directors of STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP?
The 990 for the year ended December 31, 2025 lists 15 people; 15 received compensation from the organization, the highest $268,842 (KEVIN KEISER, CEO).
How much revenue does STEUBEN COUNTY RURAL ELECTRIC MEMBERSHIP CORP have?
On its 990 for the year ended December 31, 2025 it reported revenue of $32,500,482, expenses of $29,421,547 and total assets of $78,152,064 at year end.

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