Heartland Rural Electric Membership Corporation
Markle, Indiana
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $84,024,790↑208% | $77,013,511↑262% | $196,137,055↑8% | — |
| 2022 | $27,240,056↑14% | $21,275,471↑10% | $182,379,683↑16% | — |
| 2021 | $23,868,084↓2% | $19,354,937↑3% | $157,490,377↑14% | — |
| 2020 | $24,464,635↑7% | $18,785,049↑3% | $137,877,637↑15% | — |
| 2019 | $22,867,993 | $18,224,299↑2% | $119,489,882↑9% | — |
| 2018 | $22,861,176↑10% | $17,796,799↑4% | $109,852,484↑4% | — |
| 2017 | $20,853,759↑6% | $17,129,546↑1% | $105,872,414↑3% | — |
| 2016 | $19,725,095↑1% | $16,880,258↑1% | $102,836,544↑6% | — |
| 2015 | $19,507,727↑593% | $16,667,978↑469% | $96,571,886↑2% | — |
| 2014 | $2,813,592 | $2,929,396 | $94,883,760 | — |
Frequently Asked Questions
What does Heartland Rural Electric Membership Corporation do?▼
Heartland Rural Electric Membership Corporation is a mutual & membership benefit nonprofit organization based in Indiana. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heartland Rural Electric Membership Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Heartland Rural Electric Membership Corporation has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Heartland Rural Electric Membership Corporation generate?▼
Heartland Rural Electric Membership Corporation reports $89.9M in annual revenue and holds $203.9M in total assets, based on IRS filings.
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