Mutual & Membership Benefit (Y22)

HEARTLAND RURAL ELECTRIC MEMBERSHIP CORPORATION

EIN: 47-1911282 · MARKLE, IN 46770 · United States · FY 2023 Data

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Financial Overview — FY 2023

$84.0M

Total Revenue

$77.0M

Total Expenses

N/A

Net Assets

Employees

Program Expense Ratio N/A

Fundraising Efficiency N/A

Operating Reserve N/A

Liability-to-Asset N/A

Revenue Diversification N/A

Executive Compensation $0

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$84.0M	$77.0M	N/A	—	63
2022	$27.2M	$21.3M	N/A	—	60
2021	$23.9M	$19.4M	N/A	—	61

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Organization Details

EIN: 47-1911282
State: IN
City: MARKLE
ZIP: 46770
Classification: Y22
Category: Mutual & Membership Benefit
Last Updated: Oct 2025

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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