Paulding Putnam Electric Co-Op Inc

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

EIN: 344325955 ✦ Paulding, OH ✦ Designated as a 501(c)(12)

Overview

What is Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc is a nonprofit organization situated in Paulding, Ohio. With a team of 49 dedicated employees, they focus on distributing electrical energy to approximately 13,490 consumers and maintaining roughly 1,707 miles of overhead and underground distribution lines. Their primary mission is to ensure the safe, reliable, and affordable delivery of electricity to their members and consumers.


Official website here: www.ppec.coop

Is Paulding Putnam Electric Co-Op Inc legitimate?

Paulding Putnam Electric Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Paulding Putnam Electric Co-Op 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: $165,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,074,602

For more financial information, click here


Official website here: www.ppec.coop

What is the mission statement of Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc focuses on distributing electricity safely, reliably, and affordably to its members and consumers. This Ohio-based organization is committed to ensuring a consistent power supply, promoting electrical safety, and keeping energy costs reasonable. With approximately 13,490 consumers and 13,841 service points, the cooperative manages an extensive network of approximately 1,707 miles of overhead and underground distribution lines. The primary goal is to deliver power efficiently and effectively, enhancing the quality of life for the community it serves.


Official website here: www.ppec.coop

Who is the CEO of Paulding Putnam Electric Co-Op Inc?

Randy Price is the Ceo of Paulding Putnam Electric Co-Op Inc. The CEO's salary of Paulding Putnam Electric Co-Op Inc is $0 and their total compensation is $0.


Official website here: www.ppec.coop

What is the revenue of Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc's revenue in 2022 was $47,973,353.


Official website here: www.ppec.coop

Who are the executives of Paulding Putnam Electric Co-Op Inc and what are their salaries?

The average compensation at Paulding Putnam Electric Co-Op Inc during 2022 was $45,711. There are 49 employees at Paulding Putnam Electric Co-Op Inc.

Here are 17 key members and their salaries (Paulding Putnam Electric Co-Op Inc's CEO's salary is $0 and their total compensation is $0):

    George Carter (Ceo)
  • Compensation: $286,171
  • Related: $0
  • Other: $93,302

    • Steven Kahle (Engineering)
  • Compensation: $163,635
  • Related: $0
  • Other: $0

    • Heather Hunt (Hr Manager)
  • Compensation: $133,577
  • Related: $0
  • Other: $0

    • Timothy Bowley (Operations M)
  • Compensation: $132,451
  • Related: $0
  • Other: $0

    • Doug Johanns (Senior Staki)
  • Compensation: $121,240
  • Related: $0
  • Other: $0

    • Rob Weisenburger (System Engin)
  • Compensation: $117,178
  • Related: $0
  • Other: $0

    • John M Saxton (Trustee)
  • Compensation: $19,978
  • Related: $0
  • Other: $0

    • Timothy A Derck (Trustee)
  • Compensation: $18,840
  • Related: $0
  • Other: $0

    • Joseph Kohnen (Vice-Chairma) [Trustee/Director]
  • Compensation: $17,955
  • Related: $0
  • Other: $0

    • Adam Schnipke (Trustee)
  • Compensation: $16,825
  • Related: $0
  • Other: $0

    • Steven Mcmichael (Chairman) [Trustee/Director]
  • Compensation: $16,660
  • Related: $0
  • Other: $0

    • Ronald Black (Secretary/Tr) [Trustee/Director]
  • Compensation: $16,493
  • Related: $0
  • Other: $0

    • Ken W Niese (Trustee)
  • Compensation: $16,388
  • Related: $0
  • Other: $0

    • William Dowler (Trustee)
  • Compensation: $12,800
  • Related: $0
  • Other: $0

    • Bill Beckman (Trustee)
  • Compensation: $11,250
  • Related: $0
  • Other: $0

    • Jay Dangler (Trustee)
  • Compensation: $1,950
  • Related: $0
  • Other: $0

    • Randy Price (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ppec.coop

    Where can I find the form 990 for Paulding Putnam Electric Co-Op Inc?

    The Paulding Putnam Electric Co-Op Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ppec.coop

    Learn more at the official website: www.ppec.coop

    Mission Statement of Paulding Putnam Electric Co-Op Inc

    Paulding Putnam Electric Co-Op Inc, a notable electricity distributor, strives to ensure the safe, reliable, and affordable delivery of electrical energy to its 13,490 consumers, catering to 13,841 service points. The cooperative manages approximately 1,707 miles of overhead and underground distribution lines to make this vision a reality.

    By focusing on safety, Paulding Putnam Electric Co-Op Inc prioritizes the well-being of its members and the communities it serves. Reliability is another cornerstone of the cooperative's mission, ensuring a constant power supply and minimizing disruptions. Affordability is also at the forefront of the cooperative's efforts, making electricity accessible to its members while maintaining a reasonable cost.

    In addition to the distribution of electrical energy, Paulding Putnam Electric Co-Op Inc is committed to maintaining the infrastructure necessary to support its mission. The cooperative takes pride in its responsibility to deliver essential electricity services to its members, reinforcing the importance of a stable power grid and uninterrupted access to electricity. By consistently upholding the principles of safety, reliability, and affordability, Paulding Putnam Electric Co-Op Inc has become a trusted partner for its members, providing them with the power they need to power their homes and businesses.

    Impact

    This information is meant to be a general summary of Paulding Putnam Electric Co-Op Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Paulding Putnam Electric Co-Op Inc's impact lies in its crucial role in distributing electricity safely, reliably, and affordably to its members and consumers. With a mission to provide this essential service, the cooperative serves 13,490 consumers at 13,841 service points, maintaining approximately 1,707 miles of overhead and underground distribution lines. Through its day-to-day operations, Paulding Putnam Electric Co-Op Inc plays a vital role in powering homes, businesses, and communities in Paulding, Ohio, ensuring access to a fundamental utility that enables modern life.





    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: $1,749,961
  • Program Service Revenue: $45,965,082
  • Gross Receipts: $47,973,353

    • Assets and Liabilities:
  • Total Assets: $120,578,805
  • Total Liabilities: $46,084,822
  • Net Assets: $74,493,983
  • Programs

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

    ELECTRIC SALES TO MEMBERS

    Revenue

    $45,741,340

    METER READ & RECONNECT FEES

    Revenue

    $223,742

    Organization Details

    Founding Year

    1936

    Principal Officer

    Randy Price

    Main Address

    401 MCDONALD PIKE, PAULDING, OH, 45879

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Paulding Putnam Electric Co-Op 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.