EIN 71-0207627

Rich Mountain Electric Cooperative (RMEC)

IRS 501(c) type
501(c)(12)
Num. employees
38
City
Mena
Year formed
1945
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Rich Mountain Electric Cooperative Inc. is a member owned Electric distribution Cooperative established to provide Electric service to its members at the lowest possible cost. This includes assisting its members in finding ways to improve energy efficiency at their home or business.
Total revenues
$23,041,846
2022
Total expenses
$22,263,972
2022
Total assets
$85,801,717
2022
Num. employees
38
2022

Program areas at RMEC

Rich Mountain Electric Cooperative provides Electric service to all its members at the lowest cost and offers energy efficiency programs to all its members.

Personnel at RMEC

NameTitleCompensation
Brad CastorChief Executive Officer$211,927
Chris ParkerChief Financial Officer and Office Manager$129,324
Buddy NewboltChairman$42,580
Mark RobbinsTreasurer$46,554
Larry DunawayVice Chairman$37,177
...and 2 more key personnel

Financials for RMEC

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$21,950,190
Investment income and dividends$646,668
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$64,178
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$380,810
Total revenues$23,041,846

Form 990s for RMEC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-10990View PDF
2021-122022-04-28990View PDF
2020-122021-06-30990View PDF
2019-122020-08-18990View PDF
2018-122019-06-19990View PDF
...and 8 more Form 990s

Organizations like RMEC

OrganizationLocationRevenue
Guthrie County Rural Electric Cooperative AssociationGuthrie Center, IA$16,347,009
Webster Electric CooperativeMarshfield, MO$37,992,455
Tongue River Electric CooperativeAshland, MT$14,153,845
Raccoon Valley Electric CooperativeGlidden, IA$16,981,957
Gulf Coast Electric CooperativeWewahitchka, FL$58,628,084
Clarke Electrtic CooperativeOsceola, IA$14,695,333
Jackson County Rural Electric Membership CorporationBrownstown, IN$71,731,324
Tri-County Electric CooperativeMansfield, PA$37,667,959
Arrowhead Electric CooperativeLutsen, MN$16,310,489
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
Data update history
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 10, 2023
Used new vendors
Identified 1 new vendor, including
May 19, 2023
Updated personnel
Identified 1 new personnel
September 28, 2022
Used new vendors
Identified 2 new vendors, including , and
April 29, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 897
Mena, AR 71953
County
Polk County, AR
Website URL
rmec.com/ 
Phone
(870) 286-2012
IRS details
EIN
71-0207627
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1945
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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