CSCharityScored
90

Hendricks County Rural Electric Membership Corporation

Other · Danville, Indiana

Po Box 309, Danville, IN 46122-0309

EIN: 350376478· Founded: Oct 1937· 89 years active· Filing Year: 2023

Annual Revenue

$108.3M

Total Expenses

$108.3M

Total Assets

$246.4M

Program Spending

97%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.9M

1.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.2M

Total Payroll

$6.1M

6% of total expenses

Where the Money Goes

97%
Programs: 97%
Payroll: 6%
Other overhead: 3%
Program Revenue$105.0M (97%)
Total Expenses$108.3M (100%)
Payroll$6.1M (6%)
Overhead (non-program)3%

Trust Score Breakdown

Program Spending Ratio

97% of expenses go to programs

40%

Revenue & Stability

$108.3M annual revenue

15%

Executive Compensation

$1.9M total officer comp (1.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$246.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.