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Nonprofit · EIN 48-1251358

ROLLING HILLS ELECTRIC COOPERATIVE INC

Tax-exempt · BELOIT, KS 67420

Financials

$30.7M$30.1M2023$32.4M$31.4M2024
Revenue Expenses · by fiscal year end
Financials of ROLLING HILLS ELECTRIC COOPERATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$32,411,761$31,436,582$975,179$102,301,738$64,186,714$38,115,024
December 31, 2023990$30,654,765$30,088,880$565,885$97,089,697$61,370,707$35,718,990
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$31,345,938
Investment income
$215,506
Net gain from sales of assets
$128,793
Other revenue
$850,317

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$1,870,946
Compensation of officers, directors and key employees
$539,419
Other salaries and wages
$203,021
Salaries, compensation and benefits (total)
$742,440
Professional fundraising fees
$0
Depreciation
$3,289,702

Balance sheet and other

Total assets, start of year
$97,089,697
Total assets, end of year
$102,301,738
Total liabilities, end of year
$64,186,714
Net assets, end of year
$38,115,024
Land, buildings and equipment
$87,684,910
Gross receipts
$32,411,761
Employees
50
Year formed
2002
State of legal domicile
KS

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
Jason RabeCEOGeneral Manager
Officer
40$174,638$43,369
Marc MartinOperations Manager
Highest-paid employee
40$126,461$76,560
Angie BehymerAccounting & CSR Manager
Officer
40$90,680$42,465
Adrion ReedExecutive Service Manager
Key employee
40$88,947$20,380
Paul WilsonTrustee
Trustee or director
6$18,015$0
John GeorgeTrustee
Trustee or director
7$12,975$0
Michelle BrokesTrustee
Trustee or director
7$9,400$0
Eric AndersenTrustee
Trustee or director
5$8,950$0
Justin TrostTrustee
Trustee or director
4$6,950$0
Corey DlabalTrustee
Trustee or director
2$5,125$0
Mike BrzonTrustee
Trustee or director
2$4,900$0
Sarah GrossTrustee
Trustee or director
2$4,500$0
Dave DubbertTrustee
Trustee or director
2$4,175$0
Tom MarrTrustee
Trustee or director
2$3,950$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
Douglas JacksonGeneral Manager
Officer
40$165,745$104,616
Marc MartinOperations Manager
Highest-paid employee
40$120,448$71,407
Angie BehymerAccounting & CSR Manager
Officer
40$86,576$38,041
Jason M RabeCEOGeneral Manager
Officer
40$98,878$17,289
Adrion ReedExecutive Service Manager
Key employee
40$86,082$20,579
Paul WilsonTrustee
Trustee or director
5$12,866$0
John GeorgeTrustee
Trustee or director
7$11,800$0
Eric AndersenTrustee
Trustee or director
5$8,550$0
Michelle BrokesTrustee
Trustee or director
7$8,400$0
Justin TrostTrustee
Trustee or director
5$7,800$0
Dave DubbertTrustee
Trustee or director
4$6,150$0
Corey DiabalTrustee
Trustee or director
3$5,400$0
Tom MarrTrustee
Trustee or director
3$4,950$0
Mike BrzonTrustee
Trustee or director
2$4,500$0
Sarah GrossTrustee
Trustee or director
2$4,500$0

Address and contacts

Address (IRS master file)
PO BOX 339, BELOIT, KS 67420-0339
In care of
% JASON RABE
Principal officer (990 for 2024)
Jason Rabe, PO Box 339, Beloit, KS 67420
Signed the 990
JASON RABE, CEOGeneral Manager
Phone
(785) 534-1601
Return prepared by
Kelso Lynch PC PA

Mission

Rolling Hills provides and improves economic growth and quality of life for members,employees, and communities through application of core values and a sound business plan

990 for the year ended December 31, 2024

Program accomplishments

  • See Schedule O

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
48-1251358
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$102,301,738
Income (IRS master file)
$32,411,761

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$32,411,761$31,436,582$102,301,738XML
990December 2023$30,654,765$30,088,880$97,089,697XML
990December 2022$31,758,490$31,758,490$93,057,335IRS
990December 2021–––IRS
990December 2020–––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 48-1251358).

Questions about ROLLING HILLS ELECTRIC COOPERATIVE INC

What is the EIN of ROLLING HILLS ELECTRIC COOPERATIVE INC?
The employer identification number (EIN) of ROLLING HILLS ELECTRIC COOPERATIVE INC is 48-1251358.
Is ROLLING HILLS ELECTRIC COOPERATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2002.
Are donations to ROLLING HILLS ELECTRIC COOPERATIVE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ROLLING HILLS ELECTRIC COOPERATIVE INC 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 ROLLING HILLS ELECTRIC COOPERATIVE INC 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 ROLLING HILLS ELECTRIC COOPERATIVE INC 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 ROLLING HILLS ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 names Jason Rabe.
Who are the officers and directors of ROLLING HILLS ELECTRIC COOPERATIVE INC?
The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $174,638 (Jason Rabe, CEOGeneral Manager).
How much revenue does ROLLING HILLS ELECTRIC COOPERATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $32,411,761, expenses of $31,436,582 and total assets of $102,301,738 at year end.

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