Overview

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Est.

1936

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Hendricks County REMC is a nonprofit organization dedicated to the distribution of electricity to approximately 36,000 customers on a cooperative basis, primarily serving the residents of Hendricks County, Indiana. With an operating budget of $105.7 million and total revenue of $115.9 million for the filing year 2024, the organization plays a crucial role in providing public utilities to its community. For more information, visit their website at www.hendrickspower.com.

Mission Statement

DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 36,000 CUSTOMERS ON A COOPERATIVE BASIS.
Revenues
$115.9M
Expenses
$115.9M
Net Income:
+$0
Assets
$264.4M
Liabilities
$131.6M
Net Assets:
+$132.9M
Operating Budget
$105.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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G
Gregory a Ternet
Board Member
H
Hal Truax
Board Member
M
Matthew J Hession
Board Member

Frequently Asked Questions

What is HENDRICKS COUNTY REMC’s budget?
In 2024, HENDRICKS COUNTY REMC reported an annual operating budget of around $105.7 million. More detailed financial information is available to registered users.
What causes does HENDRICKS COUNTY REMC support?
HENDRICKS COUNTY REMC supports work in Public utilities.
Where does HENDRICKS COUNTY REMC operate?
HENDRICKS COUNTY REMC is headquartered in Danville, IN.