Indiana Electric Cooperatives


Indiana Electric Cooperatives

IEC's mission is to bring communities together to serve and meet the needs of its member cooperatives. It supports member cooperatives with the tools and resources they need to operate safely, efficiently and legally. Membership: $100/year.

Organization Type:
State or Regional Association
Acronym:
IEC
Tax Exempt Status:
501(c)(6)
Industry:
Cooperatives, Energy/Electricity, Governments (Local/State/Federal/Foreign), Electricity & Electronics, State
Year Founded:
1935
Address:
11805 Pennsylvania St
Carmel, IN 46032
Telephone:
Website:
Staff:
41
Members:
38 member cooperatives


Other Addresses

Address:
8888 Keystone Xing
STE 1600, Indianapolis IN 46240-4606
Telephone:
Toll Free:
Fax:
Website:


Financial Snapshot

 

Total revenues: $9,986,829


Year - 2024
1st-yr growth
4.87%
 
 
 
 
 
Year by Year
Revenue
 
MEMBER SERVICES
 
MEM DUES AND ASSESSMEN
 
REAP PROGRAM
 
Other

Total expenses: $9,808,567


Year - 2024
1st-yr growth
0.49%
 
 
 
 
 
Year by Year
Expenses
 
Compensation for non-officers/directors
 
Other expenses
 
Other employee benefits
 
Other

Total assets: $10,702,935


Year - 2024
1st-yr growth
15.67%
 
 
 
 
 
Year by Year
Assets
 
Land, buildings, & equipment (net)
 
Accounts receivable
 
Cash -- non-interest bearing
 
Other

Total Liabilities: $5,151,426


Year - 2024
1st-yr growth
32.78%
 
 
 
 
 
Year by Year
Liabilities
 
Secured mortgages and notes payabl
 
Accounts payable and accrued expenses
 
Other liabilities


 
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