Overview
What is Licking Rural Electrification Inc?
Licking Rural Electrification Inc is a non-profit electric cooperative, headquartered in Newark, Ohio. With a membership base of over 25,900, they serve nine counties within the state. Their primary mission is to distribute electricity to their members, ensuring energy access and reliability. The cooperative is dedicated to its community, providing essential power to enhance the daily lives of its residents.
Official website here: www.theenergycoop.com
Is Licking Rural Electrification Inc legitimate?
Licking Rural Electrification Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Licking Rural Electrification Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $700,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theenergycoop.com
What is the mission statement of Licking Rural Electrification Inc?
Licking Rural Electrification Inc is a non-profit organization dedicated to the distribution of electricity to its member base. With a membership of over 25,000 individuals in various Ohio counties, this cooperative ensures that electricity reaches those in rural areas. In summary, its primary goal is to bring the power of electricity to its community of members. By focusing on the electrical needs of its constituents, Licking Rural Electrification plays a crucial role in enhancing their daily lives. Its commitment to providing electricity extends beyond mere power; it is about improving the standard of living for its members, further illustrating the cooperative's dedication to its community.
Official website here: www.theenergycoop.com
What is the revenue of Licking Rural Electrification Inc?
Licking Rural Electrification Inc's revenue in 2022 was $68,341,532.
Official website here: www.theenergycoop.com
Who are the executives of Licking Rural Electrification Inc and what are their salaries?
The average compensation at Licking Rural Electrification Inc during 2022 was $13,469. There are 52 employees at Licking Rural Electrification Inc.
Here are 20 key members and their salaries (Licking Rural Electrification Inc's CEO's salary is $0 and their total compensation is $502,382):
- Todd Ware (President Ceo)
- Daniel Mcvey (Vp Coo)
- Pat Mcgonagle (Vp Cfo)
- Connie Hogue (Vp Of Human Resources/Safety)
- Joe Higdon (Controller)
- Gary Baker (Vp Of Member Services Marketing)
- Scott Stitts (Vp Cio)
- Josh Filler (Vp Coo)
- Patrick Mulligan (Engineering Manager)
- Nelson Smith (Director)
- Tom Graham (Director)
- Donald Hawk (Director)
- John Klauder (Director)
- Joanne Little (Director)
- Dustin Buckingham (Director)
- Wayne Zollars (Director)
- Brad Patton (Director)
- Jack Schmidt Jr (Director)
- Mike Pettit (Director)
- Daniel Dupps (Director)
Official website here: www.theenergycoop.com
Where can I find the form 990 for Licking Rural Electrification Inc?
The Licking Rural Electrification Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.theenergycoop.com
Learn more at the official website: www.theenergycoop.com
Mission Statement of Licking Rural Electrification Inc
Licking Rural Electrification, a non-profit electric distribution cooperative, is dedicated to bringing electricity to its 25,941 members in nine counties across Ohio. The mission of this cooperative is to provide the essential power needed for modern living to each household and business it serves.
Established in Newark, Ohio, Licking Rural Electrification has made a significant impact on the communities it reaches. By distributing electricity, it enhances the quality of life for its members, enabling them to access various conveniences and opportunities. This non-profit organization plays a crucial role in powering homes, schools, and businesses, ensuring a reliable and consistent energy supply.
Furthermore, Licking Rural Electrification is more than just a power supplier. As a cooperative, it is owned and operated by its members, who share equally in its governance and benefits. This unique structure allows the organization to prioritize the needs and interests of its community, fostering a strong sense of unity and collaboration among its members.
In summary, Licking Rural Electrification is a beacon of progress and sustainability in Ohio, empowering its members by providing them with the essential electric power they need to thrive. Through its commitment to service, reliability, and community involvement, it continues to make a positive difference in the lives of its members and the regions it serves.
Impact
This information is meant to be a general summary of Licking Rural Electrification Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Licking Rural Electrification Inc plays a crucial role in providing electricity to its 25,941 members across 9 counties in Ohio. By ensuring reliable electric distribution to rural areas, the organization enhances the quality of life for its members. Access to electricity is essential for households, businesses, and communities to thrive, powering homes, farms, and essential services. This, in turn, contributes to economic development and improved standards of living in the region. Licking Rural Electrification Inc's impact extends beyond mere service provision; it is a driver of societal progress and empowerment in the rural areas it serves.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL COMMERCIAL
Revenue
$65,234,820
Organization Details
Founding Year
1936
Main Address
1500 GRANVILLE ROAD, NEWARK, OH, 430584970
Website
www.theenergycoop.com
NTEE Category
Code: W80 - Public benefit
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