WPublic & Societal BenefitEIN: 350687680· Ruling Year: 1938

Steuben County Rural Electric Membership Corp

Angola, Indiana

B+Health Score
66B+

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 9 peers in Public & Societal Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.87×
Peer Median11.38×
💰
$27.2M
Total Revenue
📊
$26.1M
Total Expenses
🏦
$22.8M
Net Assets
📋
$49.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.2%
Year-over-year change (2022 → 2023)
Net Margin
+4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
68.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$27,237,12710%$26,056,2999%$72,326,48047%
2022$24,721,0683%$23,874,9236%$49,035,27632%
2021$24,050,9838%$22,504,1649%$37,231,7693%
2020$22,299,3563%$20,578,7671%$35,977,82315%
2019$21,725,9791%$20,694,107$31,242,5423%
2018$21,952,2525%$20,638,4883%$30,371,4784%
2017$20,938,7173%$19,965,3346%$29,216,5372%
2016$21,482,4623%$21,160,7436%$28,535,4883%
2015$20,758,6501%$19,883,046$27,741,8173%
2014$20,592,2653%$19,931,9714%$26,817,6504%
2013$20,057,767271%$19,154,744314%$25,672,4419%
2012$5,399,44912%$4,621,563$23,641,2716%
2011$4,806,706$4,625,266$22,298,791

Frequently Asked Questions

What does Steuben County Rural Electric Membership Corp do?

Steuben County Rural Electric Membership Corp is a public & societal benefit nonprofit organization based in Indiana. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Steuben County Rural Electric Membership Corp financially healthy?

Based on our 9-metric Financial Health Score model, Steuben County Rural Electric Membership Corp has a score of 66/100 (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 Steuben County Rural Electric Membership Corp generate?

Steuben County Rural Electric Membership Corp reports $31.3M in annual revenue and holds $76.3M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Public & Societal Benefit category, or browse all nonprofits in Indiana.