The board of directors held its regular meeting at the Tipmont REMC headquarters in Linden, Ind. on February 23, beginning at 9 a.m. All directors were present. Also attending were CEO Ron and Attorney Jeff Helmerick.
Posted Wednesday, February 24, 2016
in From the Boardroom
As an electric cooperative, Tipmont is guided by a board of directors elected by our membership to represent their best interests when making important decisions. Being a member of this board is an incredibly important position in our community. The board’s decisions impact issues such as service rates, rights of way and work plans. This position holds significant responsibility and requires individuals who understand their community’s needs and serve the cooperative members’ best interest.
Posted Monday, February 01, 2016
in CEO Notes
The board of directors held its regular meeting at the Tipmont REMC headquarters in Linden, Indiana on January 26, beginning at 9:00 a.m. All directors were present. Also attending were CEO Ron and Attorney Jeff Helmerick.
President Bob Baker opened the meeting. There were no Board policies reviewed this month. The 2016 Budget was reviewed and approved. CEO Holcomb submitted his report along with other staff member reports, in writing. There were no financial submitted this meeting.
The next meeting of the board will be February 23.
Posted Tuesday, January 26, 2016
in From the Boardroom
The board of directors held its regular meeting at the Tipmont REMC headquarters in Linden, Indiana on December 22, beginning at 9:00 a.m. All directors were present. Also attending were CEO Ron Holcomb, Manager of Finance and Administration Deb Morris, Human Resources Director Debbie Schavietello and Attorney Jeff Helmerick.
President Bob Baker opened the meeting. Board policies reviewed that were tabled at the November were presented again this month were; “Access to Corporate Records,” “Allocation and Retirement of Membership Capital Credits,” “Attendance by Members/Public at Meetings of the Board of Directors,” and for the month of December board policy “Director Candidate Qualification and Election” was presented. CEO Holcomb submitted his report along with other staff member reports, in writing. Manager of Finance and Administration Deb Morris submitted the overall financials for December. The margin was $69,870.00, bringing our year-to-date total to $1,121,725.00. There were 37 new services installed in December, bringing our year-to-date total to 470. The cooperative currently has a strong equity rate of 44.98%.
The next meeting of the board will be January 26.
Posted Tuesday, December 22, 2015
in From the Boardroom
The board of directors held its regular meeting at the Tipmont REMC headquarters
in Linden on Nov. 24, beginning at 9 a.m. All directors were present. Also attending
were CEO Ron Holcomb, Manager of Finance and Administration Deb Morris,
Human Resources Director Debbie Schavietello and Attorney Jeff Helmerick.
President Bob Baker opened the meeting. Board policies reviewed this month
were access to corporate records, allocation and retirement of membership capital
credits and attendance by members at board meetings. Holcomb submitted his
report along with other staff member reports, in writing. Morris submitted the
overall financials for November. The margin was $78,638, bringing our year-to-date
total to $1,051,856. There were 55 new services installed in November, bringing
our year-to-date total to 433. The cooperative currently has a strong equity rate of
48.76 percent.
The next meeting of the board will be Dec. 22.
Posted Wednesday, November 25, 2015
in From the Boardroom
The board of directors held its regular meeting at the Holiday Inn Express in Crawfordsville on Nov. 3, beginning at 8:30 a.m. All directors were present. Also attending were CEO Ron Holcomb, Manager of Finance and Administration Deb Morris, Human Resources Director Debbie Schavietello and Attorney Jeff Helmerick and Attorney Brian Garrison.
President Bob Baker opened the meeting. Board policies reviewed this month were “recovery of damage costs” and “campaign activities in director elections at annual meeting.” Holcomb submitted his report along with other staff member reports, in writing. Morris submitted the overall financials for October. The margin was $187,066, bringing our year-to-date total to $973,217. There were 36 new services installed in October, bringing our year-to-date total to 378. The cooperative currently has a strong equity rate of 48.69 percent.
The next meeting of the board will be Nov. 24.
Posted Tuesday, November 03, 2015
in From the Boardroom
The board of directors held its regular meeting at Tipmont REMC in Linden on Sept. 22 at 9 a.m. All directors were present. Also attending were CEO Ron Holcomb, Manager of Finance and Administration Deb Morris, Human Resources Director Debbie Schavietello and Attorney Jeff Helmerick.
President Bob Baker opened the meeting. Board policies reviewed this month were “reimbursement of employee travel expenses.” Holcomb submitted his report along with other staff members’ reports, in writing. Morris submitted the overall financials for August. The margin was $255,823, bringing our year-to-date total to $786,153. There were 44 new services installed in August, bringing our year-to-date total to 342. The cooperative currently has a strong equity rate of 48.40 percent.
The next meeting of the board will be Oct. 27.
Posted Tuesday, September 22, 2015
in From the Boardroom