From the Boardroom: August 2017Tipmont REMC | Tuesday, August 01, 2017
The regular meeting of the Board of Directors was held Tuesday, June 20, 2017.
All directors were present. Also attending were CEO Ron Holcomb and Attorney Jeff Helmerick.
President Bob Baker opened the meeting. There were no new policies approved. Holcomb submitted his report along with other staff member reports in writing.
Manager of Finance and Administration Doug Martin submitted the overall financials. 557 new services have been installed this calendar year. The margin was $535,815. The cooperative currently has a strong equity rate of 44.67 percent.
The next regular meeting of the board is Tuesday, August 22, 2017.
- Last modified: Tuesday, August 08, 2017