South Central Indiana Rural Electric Membership Corporation: Single Audit Reports and Findings

South Central Indiana Rural Electric Membership Corporation filed 1 single audit between 2024 and 2024; the most recently observed auditor is LWG CPAs & Advisors (2024), and the 2024 report lists 1 finding. Data as of 2026-09-18.

Data as of Sep 18, 2026 · Source: Federal Audit Clearinghouse (public data)

Single audits by year

One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; South Central Indiana Rural Electric Membership Corporation is recorded in MARTINSVILLE, Indiana under EIN 356043583, and the Clearinghouse records it as a nonprofit.

Single audits filed by South Central Indiana Rural Electric Membership Corporation
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedFindingsMW / SDFAC report
20242024-12-31$1,843,029$750,000LWG CPAs & Advisors1SD2024-12-GSAFAC-0000368225

Which federal programs did this organization report?

From the most recent accepted report. "Major" is the designation the auditor made under 2 CFR 200.518, not ours.

Federal programs on the most recent report
ALNProgramExpendedMajor
97.036DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS)$1,843,029Yes

What findings did the auditor report?

The reference and the requirement letter are the ones the auditor used. The finding text itself is not reproduced here; the FAC report linked above carries it in full.

Findings on the most recent report
ReferenceRequirementSeverityRepeat
2024-001PSignificant deficiencyNo

Form 990 and IRS registration

Form 990 "accounting fees" (Part IX line 11c) cover all accounting services reported by the organization and are not the price of an audit engagement.

Most recent return
990 for 2024-12
Total revenue
$117,076,557
Total assets
$327,147,569
Paid preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
IRS object id
202503219349319045
Exempt under
501(c)(12)
Ruling year
1939
BMF release
2026-09-17

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How we computed this

Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits South Central Indiana Rural Electric Membership Corporation now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.

Cite this page

AuditRadar. “South Central Indiana Rural Electric Mem Single Audits.” https://getauditradar.com/single-audits/in/south-central-indiana-rural-electric-membership-corporation-356043583/. Data as of 2026-09-18.

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