ZUnclassifiedEIN: 350367872

Harrison County Rural Electric Membership Corporation-89

Corydon, Indiana

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.42×
Peer Median5.86×
💰
$65.5M
Total Revenue
📊
$65.5M
Total Expenses
🏦
$92.7M
Net Assets
📋
$47.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.6%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.42
Net assets divided by total expenses
Liabilities-to-Assets
33.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$65,522,6966%$65,522,6966%$140,234,7813%
2022$62,057,8858%$62,057,8858%$136,584,2375%
2021$57,440,7101%$57,440,7101%$130,552,1094%
2020$58,034,4325%$58,034,4325%$125,723,5396%
2019$61,020,3862%$61,020,3862%$118,902,4644%
2018$62,406,0657%$62,406,0657%$114,539,2777%
2017$58,438,1152%$58,438,1152%$106,933,1144%
2016$59,609,4431%$59,609,4431%$102,815,9264%
2015$60,388,2311%$60,388,2311%$98,934,335
2014$59,784,3943%$59,784,3943%$99,017,9454%
2013$57,942,0554%$57,942,0554%$95,490,9985%
2012$55,614,5252%$55,614,5252%$91,097,3284%
2011$54,410,768$54,410,768$87,412,956

Frequently Asked Questions

What does Harrison County Rural Electric Membership Corporation-89 do?

Harrison County Rural Electric Membership Corporation-89 is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Harrison County Rural Electric Membership Corporation-89 financially healthy?

Based on our 9-metric Financial Health Score model, Harrison County Rural Electric Membership Corporation-89 has a score of 62/100 (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 Harrison County Rural Electric Membership Corporation-89 generate?

Harrison County Rural Electric Membership Corporation-89 reports $69.6M in annual revenue and holds $146.4M in total assets, based on IRS filings.

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