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  4. Hendricks Power Cooperative
EIN 35-0376478

Hendricks Power Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
84
City
Danville
State
Indiana
Year formed
1936
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Hendricks Power Cooperative exists to distribute high quality, reliable and competitively valued electric energy to its member owners in an environmentally responsible manner.
Also known as...
Hendricks County Rural Electric Membership Corporation; Hendricks County Remc
Total revenues
$102,543,098
2022
Total expenses
$102,543,098
2022
Total assets
$234,883,855
2022
Num. employees
84
2022

Program areas at Hendricks Power Cooperative

Distribution of electricity to members.

Personnel at Hendricks Power Cooperative

NameTitleCompensation
Gregory A TernetChief Executive Officer$387,090
Joseph A ParsonsDirector of Operations$153,520
David R OlmsteadDirector of Finance and Member Services$167,080
Dana CochranDirector of Marketing and Member Engagement$168,375
Amy C WatsonDirector of Technology$166,184
...and 2 more key personnel

Financials for Hendricks Power Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$99,620,077
Investment income and dividends$139,319
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$351,397
Net gain from sale of non-inventory assets$41,875
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,390,430
Total revenues$102,543,098

Form 990s for Hendricks Power Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-29990View PDF
2021-122022-11-15990View PDF
2020-122021-10-26990View PDF
2019-122021-10-25990OView PDF
2018-122019-08-15990OView PDF
...and 9 more Form 990s

Organizations like Hendricks Power Cooperative

OrganizationLocationRevenue
Hamilton County Electric Cooperative AssociationHamilton, TX$42,983,209
Bailey County Electric Cooperative AssociationMuleshoe, TX$43,773,512
Northeast La Power CooperativeWinnsboro, LA$35,033,427
Taylor County Rural Electric Cooperative CorporationCampbellsville, KY$62,598,372
Consumers PowerPhilomath, OR$47,215,867
KC Electric AssociationHugo, CO$27,822,101
Sand Mountain Electric CooperativeRainsville, AL$82,388,615
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Black River Electric CooperativeFredericktown, MO$51,524,742
South Kentucky Rural Electric Cooperative CorporationSomerset, KY$153,526,188
Data update history
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 29, 2023
Updated personnel
Identified 2 new personnel
November 26, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 17 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 309
Danville, IN 46122
Metro area
Indianapolis-Carmel-Anderson, IN
County
Hendricks County, IN
Website URL
hendrickspower.com/ 
Phone
(317) 745-5473
Facebook page
HendricksPower 
IRS details
EIN
35-0376478
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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