Union Rural Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 314329510 ✦ Marysville, OH ✦ Designated as a 501(c)(12)

Overview

What is Union Rural Electric Cooperative Inc?

Union Rural Electric Cooperative Inc is a nonprofit organization headquartered in Marysville, Ohio, along US Highway 36, with a ZIP code of 43040. They serve approximately 11,000 members and are dedicated to delivering safe and reliable electricity and natural gas to their community at fair prices. The cooperative constructs and maintains the necessary facilities to fulfill this mission. Their team consists of 51 employees who work towards ensuring the successful implementation of their purpose.


Official website here: www.ure.com

Is Union Rural Electric Cooperative Inc legitimate?

Union Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Union Rural Electric Cooperative 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: $835,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ure.com

What is the mission statement of Union Rural Electric Cooperative Inc?

Union Rural Electric Cooperative Inc strives to make a positive impact on its community by ensuring the delivery of safe and dependable energy to its members at reasonable prices. The cooperative's primary goal is to make a difference through the provision of essential energy services. It constructs and maintains facilities to accomplish this mission, serving approximately 11,000 members in the reporting year. By delivering energy reliably, the cooperative contributes to the well-being and development of the community it serves.


Official website here: www.ure.com

Who is the CEO of Union Rural Electric Cooperative Inc?

Anthony P Smith is the President/Ceo of Union Rural Electric Cooperative Inc. The CEO's salary of Union Rural Electric Cooperative Inc is $229,320 and their total compensation is $460,229.


Official website here: www.ure.com

What is the revenue of Union Rural Electric Cooperative Inc?

Union Rural Electric Cooperative Inc's revenue in 2022 was $63,176,541.


Official website here: www.ure.com

Who are the executives of Union Rural Electric Cooperative Inc and what are their salaries?

The average compensation at Union Rural Electric Cooperative Inc during 2022 was $16,377. There are 51 employees at Union Rural Electric Cooperative Inc.

Here are 14 key members and their salaries (Union Rural Electric Cooperative Inc's CEO's salary is $229,320 and their total compensation is $460,229):

    Anthony P Smith (President/Ceo)
  • Compensation: $229,320
  • Related: $0
  • Other: $230,909

    • David G Speicher (Vp Finance/Cfo)
  • Compensation: $161,645
  • Related: $0
  • Other: $125,100

    • Michael C Aquillo (Cxo)
  • Compensation: $158,778
  • Related: $0
  • Other: $100,489

    • Matthew J Zarnosky (Coo)
  • Compensation: $161,519
  • Related: $0
  • Other: $91,538

    • Brian R Lewis (Manager Of Operations)
  • Compensation: $129,852
  • Related: $0
  • Other: $90,317

    • Sean T Luellen (Crew Leader)
  • Compensation: $127,595
  • Related: $0
  • Other: $67,031

    • Benjamin A Hoyer (Crew Leader)
  • Compensation: $133,535
  • Related: $0
  • Other: $57,060

    • Dale Scheiderer (Trustee, Treasurer)
  • Compensation: $14,100
  • Related: $0
  • Other: $0

    • Jeffrey Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $14,100

    • Steve Patton (Trustee, Chairman)
  • Compensation: $13,800
  • Related: $0
  • Other: $0

    • David Thornton (Trustee)
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Jeffrey Reinhard (Trustee, Secretary)
  • Compensation: $12,900
  • Related: $0
  • Other: $0

    • Dan Westlake (Trustee, Vice Chairman)
  • Compensation: $12,600
  • Related: $0
  • Other: $0

    • Mark Lotcyz (Trustee)
  • Compensation: $7,275
  • Related: $0
  • Other: $0


  • Official website here: www.ure.com

    Where can I find the form 990 for Union Rural Electric Cooperative Inc?

    The Union Rural Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ure.com

    Learn more at the official website: www.ure.com

    Mission Statement of Union Rural Electric Cooperative Inc

    Union Rural Electric Cooperative Inc, a community-focused organization, strives to make a positive impact by ensuring the delivery of safe and dependable energy to its members at just prices. The cooperative's primary objective is to provide its member-owners with consistent and trustworthy energy services.

    In pursuit of this mission, Union Rural Electric Cooperative Inc not only distributes electricity and natural gas but also constructs and maintains the necessary facilities. Serving around 11,000 individuals in the reporting year, the cooperative's commitment to its community is unwavering.

    By delivering safe and reliable energy, Union Rural Electric Cooperative Inc contributes significantly to improving the daily lives of its members. This mission statement reflects the cooperative's dedication to creating a better future for its community through essential energy services offered at fair prices.

    Impact

    This information is meant to be a general summary of Union Rural Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Union Rural Electric Cooperative Inc's impact is significant in the community of Marysville, OH. By distributing safe and reliable energy to its members at fair prices, the cooperative plays a vital role in ensuring the well-being and functioning of homes and businesses in the area. With approximately 11,000 members served in the reporting year, Union Rural Electric Cooperative Inc's efforts contribute to the smooth running of daily life by providing essential services to its community. This ultimately helps support economic activities, comfort, and overall quality of life for residents in Marysville and the surrounding areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,446
  • Program Service Revenue: $60,854,003
  • Gross Receipts: $63,208,155

    • Assets and Liabilities:
  • Total Assets: $111,821,827
  • Total Liabilities: $56,552,570
  • Net Assets: $55,269,257
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Electric Revenue

    Revenue

    $58,373,086

    Gas Revenue

    Revenue

    $2,196,921

    Forfeited Discounts

    Revenue

    $131,352

    Pole Attachment Revenue

    Revenue

    $127,284

    Other Electric Services

    Revenue

    $5,915

    Organization Details

    Founding Year

    1936

    Principal Officer

    Anthony P Smith

    Main Address

    15461 US Highway 36, Marysville, OH, 43040

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Union Rural Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.