From the Boardroom: September 2017Tipmont REMC | Friday, September 01, 2017
The regular meeting of the Board of Directors was held Tuesday, July 25, 2017.
All directors were present. Also attending were CEO Ron Holcomb and Attorney Jeff Helmerick.
President Bob Baker opened the meeting. The board reviewed Policy 121, Reporting Director Business Expenses and Hours. 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 $393,183. The cooperative currently has a strong equity rate of 44.63 percent. 646 new services have been installed in 2017.
The next regular meeting of the board is Tuesday, September 26, 2017.
- Last modified: Friday, September 01, 2017