INDIANA STATEWIDE ASSOCIATION OF RURAL ELECTRIC COOPERATIVES Charity Report

Public IRS 990 nonprofit record

INDIANA STATEWIDE ASSOCIATION OF RURAL ELECTRIC COOPERATIVES

EIN 35-1499808 · Mutual & Membership Benefit (Y)

What they do

INDIANA ELECTRIC COOPERATIVES EXISTS to UNIFY, LEAD, SERVE, and ADVOCATE for OUR MEMBER DISTRIBUTION and GENERATION and TRANSMISSION COOPERATIVES

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders47 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.22%of revenue went to mission work100.0% of expenses · Program services

$96.20spent for every $100 of revenueRevenue covered expenses this year.

$1.08in assets for every $1 spent this yearSome assets cannot be spent right away.

0.4%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $566,092 for JOHN CASSADY (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,986,829

Mission workProgram services$9,808,56798.22% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$178,2621.78% of revenueShown in gray on the chart

Total expenses$9,808,56798.22% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.22% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 102.49% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.80% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 92.95% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.07% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.80% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.36% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.40% of revenue

Money in and money out

Revenue$10,196,163

Expenses$9,808,567

Annual surplus $387,596 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,808,567 · 100.0% of expenses

See all reported dollar amounts

Revenue$10,196,163

Expenses$9,808,567

Assets$10,583,135

Income$10,334,718

Contributions$35,750

Mission work (program services)$9,808,567

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHN CASSADYCEO · 40 hrs/week $566,092Base $334,664 · Other $231,428

DEIRDRE TIERNANCFO & COO · 40 hrs/week $352,408Base $235,599 · Other $116,809

JON ELKINSEMPLOYEE · 40 hrs/week $286,279Base $168,600 · Other $117,679

AMANDA BARTHEMPLOYEE · 40 hrs/week $234,968Base $163,159 · Other $71,809

RYAN HEATEREMPLOYEE · 40 hrs/week $228,323Base $178,569 · Other $49,754

MARTY JONESEMPLOYEE · 40 hrs/week $203,281Base $128,307 · Other $74,974

ADAM LOCKEMPLOYEE · 40 hrs/week $197,806Base $137,466 · Other $60,340

GREG PEMBERTONEMPLOYEE · 40 hrs/week $177,232Base $140,144 · Other $37,088

DEBRA HUNTEREMPLOYEE · 40 hrs/week $172,404Base $127,796 · Other $44,608

STEVE MCMICHAEL - PAULDING PUTNAMPRESIDENT · 12 hrs/week $20,320

RICHARD LEEPER - MARSHALLVICE PRESIDENT · 8 hrs/week $13,850

JAMEY MARCUM - HENRYSECRETARY/TREASURER · 8 hrs/week $8,450

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

JOHN CASSADYCEO

DEIRDRE TIERNANCFO & COO

JON ELKINSEMPLOYEE

AMANDA BARTHEMPLOYEE

RYAN HEATEREMPLOYEE

MARTY JONESEMPLOYEE

ADAM LOCKEMPLOYEE

GREG PEMBERTONEMPLOYEE

DEBRA HUNTEREMPLOYEE

STEVE MCMICHAEL - PAULDING PUTNAMPRESIDENT

RICHARD LEEPER - MARSHALLVICE PRESIDENT

JAMEY MARCUM - HENRYSECRETARY/TREASURER

THOMAS DULL - BOONEDIRECTOR

D TERRY CHAPMAN - DAVIESS-MARTINDIRECTOR

DAVID DUTTLINGER - JASPER COUNTYDIRECTOR

MELISSA MENCHHOFER - SOUTHEASTERN IDIRECTOR

MICHAEL YANKAUSKAS - KANKAKEE VALLEDIRECTOR

RANDY KLEAVING -SOUTHERN INDIANA PODIRECTOR

SETH BROWN - JCREMCDIRECTOR

TODD SMITH - MIAMI-CASS REMCDIRECTOR

LYNN BECK - TIPMONTDIRECTOR

DANIEL HOUCHIN - ORANGE COUNTY REMCDIRECTOR

JEFF MYERS - CLARK COUNTYDIRECTOR

DAVID RUDOLPH - DUBOIS RECDIRECTOR

WALTER HUNTER - JACKSON COUNTYDIRECTOR

MARC NELSON - STEUBEN COUNTY REMCDIRECTOR

MARK NIGH - RUSHSHELBY ENERGYDIRECTOR

DAVE THOMAS - HENDRICKS POWERDIRECTOR

MICHAEL WILLIAMS - UDWIDIRECTOR

GARY GERLACH - CARROLL WHITEDIRECTOR

RAYMOND KERKHOF - NINESTAR CONNECTDIRECTOR

STEVE AMRHEIN - DECATUR COUNTYDIRECTOR

BRUCE HAMLIN - SOUTH CENTRAL INDIANDIRECTOR

RON ARNHOLT - BARTHOLOMEWDIRECTOR

WILLIAM KNOX - NOBLE REMCDIRECTOR

BRENT CREEK - NEWTON COUNTYDIRECTOR

DANN STOUFFER - HEARTLAND REMCDIRECTOR

STEVE MINER - KOSCIUSKO REMCDIRECTOR

RONALD SMITHISON - JAY COUNTYDIRECTOR

GARRY SAYNE - WHITEWATER VALLEY REMDIRECTOR

JEFF BRILL - LAGRANGE COUNTY REMCDIRECTOR

JOE KRUYER - NORTHEASTERNDIRECTOR

DWAINE AKERS - WARREN COUNTYDIRECTOR

HARLEY DRAKE - WIN ENERGYDIRECTOR

DAVID WALTHER - HARRISON REMCDIRECTOR

LEANDER HOOVER - FULTON COUNTYDIRECTOR

MICHAEL CARPENTER - PARKE COUNTY REDIRECTOR

About this charity

Recognized since: January 1981
Location: 11805 PENNSYLVANIA ST, CARMEL, IN 46032-4555
County: Hamilton
In care of: DEIRDRE TIERNAN
Primary officer: DEIRDRE TIERNAN, CFO

How to reach them

Phone(317) 487-2220

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LWG CPAS & ADVISORS
NTEE classification: Mutual & Membership Benefit (Y)
IRS tax category: Mutual & Membership Benefit