Nonprofit · EIN 45-3593334
CARROLL WHITE REMC
Tax-exempt · MONTICELLO, IN 47960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $57,716,012 | $57,716,012 | $0 | $115,922,279 | $61,188,534 | $54,733,745 |
| December 31, 2024 | 990 | $53,769,393 | $53,769,393 | $0 | $103,974,954 | $51,184,975 | $52,789,979 |
| December 31, 2023 | 990 | $51,037,731 | $51,037,731 | $0 | $88,612,796 | $37,979,014 | $50,633,782 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $55,235,464
- Investment income
- $162,130
- Net rental income
- $363,121
- Net gain from sales of assets
- $36,598
- Net income from sales of inventory
- $906
- Other revenue
- $2,318,418
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,136,098
- Compensation of officers, directors and key employees
- $549,025
- Salaries, compensation and benefits (total)
- $549,025
- Professional fundraising fees
- $0
- Legal fees
- $19,315
- Accounting fees
- $25,700
- Depreciation
- $4,860,565
- Program services (functional)
- $57,670,997
- Management and general (functional)
- $45,015
Balance sheet and other
- Total assets, start of year
- $103,974,954
- Total assets, end of year
- $115,922,279
- Total liabilities, end of year
- $61,188,534
- Net assets, end of year
- $54,733,745
- Land, buildings and equipment
- $85,209,761
- Gross unrelated business income
- $338,932
- Gross receipts
- $57,743,839
- Employees
- 50
- Volunteers
- 0
- Year formed
- 2012
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHERINE RADERSTORF | CEO Officer | 45.75 | $280,052 | $212,365 |
| MARK JARGSTORF | DIRECTOR OF OPERATIONS Highest-paid employee | 42.57 | $158,538 | $161,379 |
| CHUCK LEAVITT | DIRECTOR OF ENGINEERING Highest-paid employee | 40.1 | $144,669 | $57,553 |
| TYRON WATSON | JOURNEYMAN LINEMAN Highest-paid employee | 48.31 | $146,614 | $36,062 |
| TYSON JONES | JOURNEYMAN LINEMAN Highest-paid employee | 48 | $147,201 | $29,821 |
| DYLAN HART | JOURNEYMAN LINEMAN Highest-paid employee | 48.37 | $149,721 | $25,644 |
| JEFF NEWELL | DIRECTOR Trustee or director | 6.34 | $12,065 | $0 |
| TINA DAVIS | ASST SECRETARY/TREASURER Trustee or director | 6.73 | $10,954 | $0 |
| GARY GERLACH | DIRECTOR Trustee or director | 7.48 | $10,264 | $0 |
| RALPH ZARSE | SECRETARY/TREASURER Trustee or director, Officer | 5.4 | $9,921 | $0 |
| KENT ZIMPFER | PRESIDENT Trustee or director, Officer | 7.37 | $8,914 | $0 |
| AARON ANDERSON | VICE PRESIDENT Trustee or director | 5.65 | $8,463 | $0 |
| MARTIN COTTERMAN | DIRECTOR (START 06/25) Trustee or director | 2.71 | $6,550 | $0 |
| MARGARET FOUTCH | DIRECTOR (THRU 06/25) Trustee or director, Officer | 1.58 | $3,731 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CATHERINE RADERSTORF | CEO Officer | 45.69 | $273,692 | $189,739 |
| MARK JARGSTORF | DIRECTOR OF OPERATIONS Highest-paid employee | 42.51 | $147,350 | $135,345 |
| TRAVIS ALBRIGHT | DIRECTOR OF IT Highest-paid employee | 41.31 | $142,642 | $65,860 |
| CHUCK LEAVITT | DIRECTOR OF ENGINEERING Highest-paid employee | 40.05 | $138,835 | $51,421 |
| FRANKLIN LEACH | JOURNEYMAN LINEMAN Highest-paid employee | 48.51 | $137,128 | $39,577 |
| DYLAN HART | JOURNEYMAN LINEMAN Highest-paid employee | 47.5 | $137,822 | $22,508 |
| TINA DAVIS | ASST SECRETARY/TREASURER Trustee or director | 6.29 | $13,150 | $0 |
| JEFF NEWELL | DIRECTOR Trustee or director | 8.23 | $12,807 | $0 |
| GARY GERLACH | DIRECTOR Trustee or director | 8.1 | $12,479 | $0 |
| KENT ZIMPFER | PRESIDENT Trustee or director, Officer | 10.02 | $10,840 | $0 |
| RALPH ZARSE | SECRETARY/TREASURER Trustee or director, Officer | 6.27 | $10,835 | $0 |
| AARON ANDERSON | VICE PRESIDENT Trustee or director | 6.75 | $9,857 | $0 |
| MARGARET FOUTCH | DIRECTOR Trustee or director, Officer | 2.77 | $8,868 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Catherine Raderstorf | CEO | 45.5 | $227,972 | $149,225 |
| Mark Jargstorf | Dir of Operations | 43.52 | $138,914 | $128,661 |
| Travis Albright | Director of IT | 41.39 | $136,704 | $60,608 |
| Frank Leach | Journeyman/Lineman | 49.75 | $140,256 | $35,348 |
| Jonathon Grieger | Journeyman/Lineman | 48.33 | $135,721 | $38,652 |
| Dylan Hart | Journeyman Lineman | 49.03 | $139,575 | $18,631 |
| Tina Davis | Director Trustee or director | 9.95 | $13,920 | $0 |
| Gary Gerlach | Director Trustee or director | 11.08 | $12,038 | $0 |
| Kent Zimpfer | President Officer | 13.36 | $11,374 | $0 |
| Ralph Zarse | Secretary Officer | 9.1 | $10,732 | $0 |
| Margaret Foutch | Vice President Trustee or director | 7.49 | $10,096 | $0 |
| Aaron Anderson | Director Trustee or director | 9.74 | $9,359 | $0 |
| Jeffery Newell | Director Trustee or director | 6.44 | $8,816 | $0 |
Address and contacts
- Address (IRS master file)
- 302 N 6TH ST, MONTICELLO, IN 47960-1839
- In care of
- % CARROLL WHITE
- Principal officer (990 for 2025)
- CATHY RADERSTORF, 302 N 6TH ST, MONTICELLO, IN 47960
- Signed the 990
- CATHY RADERSTORF, CEO
- Phone
- (800) 844-7161
- Website
- CWREMC.COOP
- Return prepared by
- LWG CPAS & ADVISORS
Mission
PROVIDE ELECTRICITY AND RELATED SERVICES TO OUR MEMBERS; CREATIVELY ENHANCING OUR COMMUNITY THROUGH SAFETY AND SERVICE.
Program accomplishments
- PROVIDE ELECTRICITY AND RELATED SERVICES TO OUR MEMBERS; CREATIVELY ENHANCING OUR COMMUNITY THROUGH SAFETY AND SERVICE.Expenses $57,670,997 · revenue $57,231,323
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3593334
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W80)
- Assets (IRS master file)
- $115,922,279
- Income (IRS master file)
- $57,743,839
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $57,716,012 | $57,716,012 | $115,922,279 | XML |
| 990 | December 2024 | $53,769,393 | $53,769,393 | $103,974,954 | IRS |
| 990 | December 2023 | $51,037,731 | $51,037,731 | $88,612,796 | XML |
| 990 | December 2022 | $48,177,208 | $48,177,208 | $80,175,145 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 45-3593334).
Questions about CARROLL WHITE REMC
- What is the EIN of CARROLL WHITE REMC?
- The employer identification number (EIN) of CARROLL WHITE REMC is 45-3593334.
- Is CARROLL WHITE REMC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2013.
- Are donations to CARROLL WHITE REMC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CARROLL WHITE REMC 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 CARROLL WHITE REMC 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 CARROLL WHITE REMC 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 CARROLL WHITE REMC?
- The 990 for the year ended December 31, 2025 names CATHY RADERSTORF.
- Who are the officers and directors of CARROLL WHITE REMC?
- The 990 for the year ended December 31, 2025 lists 14 people; 14 received compensation from the organization, the highest $280,052 (CATHERINE RADERSTORF, CEO).
- How much revenue does CARROLL WHITE REMC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $57,716,012, expenses of $57,716,012 and total assets of $115,922,279 at year end.
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