Rushshelby Energy Rural Electric Cooperative Inc
Manilla, IN 46150 · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $58,821,331 | $57,314,512 | $54,100,964 |
| FY2023 | $55,792,578 | $54,147,028 | $51,796,718 |
| FY2022 | $51,641,871 | $50,392,913 | $49,376,341 |
| FY2021 | $47,128,138 | $45,857,728 | $48,072,345 |
| FY2020 | $47,073,647 | $46,438,092 | $46,259,809 |
| FY2019 | $47,216,609 | $46,203,964 | $44,677,035 |
| FY2018 | $47,754,361 | $46,616,674 | $42,988,116 |
| FY2017 | $44,538,025 | $43,170,688 | $40,904,591 |
| FY2016 | $82,626 | $83,179 | $42,344 |
| FY2015 | $45,169,963 | $43,205,908 | $35,655,500 |
| FY2014 | $44,952,504 | $43,259,834 | $33,127,835 |
| FY2013 | $42,359,087 | $40,924,711 | $30,714,364 |
| FY2012 | $41,697,379 | $40,087,277 | $28,533,333 |
| FY2011 | $39,446,522 | $37,920,662 | $26,215,978 |
Form 990 filings
The returns filed by Rushshelby Energy Rural Electric Cooperative Inc (EIN 35-2068789), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $57,186,924 | 97% |
| Other revenue | $1,634,407 | 3% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $57,314,512 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 97% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is higher than 88.1% of 185 Public & Societal Benefit organizations nationwide (too few in IN for a state comparison).
- Net assets covered about 11.3 months of expenses at the end of the reporting year. That puts it in the 36th percentile among 124 Public & Societal Benefit organizations in IN.
- Total revenue was higher than 97.6% of 127 Public & Societal Benefit organizations in IN.
- Total revenue rose from $39,446,522 in FY2011 to $58,821,331 in FY2024. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2016).
- Net assets grew from $26,215,978 to $54,100,964 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
RUSHSHELBY ENERGY IS A DISTRIBUTION ELECTRIC COOPERATIVE PROVIDING SALES OF ELECTRICITY AND RELATED EQUIPMENT AND SERVICES TO MEMBERS OF OUR RURAL ELECTRIC MEMBERSHIP COOPERATIVE.
IRS status
| Ruling year | 2001 |
| Subsection | 501(c)(12) |
| Program area (NTEE) | W80 — Public & Societal Benefit (in IN) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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