Mid-Ohio Energy Cooperative Inc

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

EIN: 344380037 ✦ Kenton, OH ✦ Designated as a 501(c)(12)

Overview

What is Mid-Ohio Energy Cooperative Inc?

Mid-Ohio Energy Cooperative Inc, based in Kenton, OH, is a nonprofit electricity provider serving over 8,100 meters across ten Ohio counties. Affordability, safety, and reliability are at the core of its offerings. By returning over half a million dollars in patronage capital to current and former members, Mid-Ohio Energy Cooperative demonstrates its commitment to its community. The cooperative's primary activity involves the sale of electricity to its members, ensuring a consistent power supply.


Official website here: www.midohioenergy.com

Is Mid-Ohio Energy Cooperative Inc legitimate?

Mid-Ohio Energy Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mid-Ohio Energy 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: $1,429,687
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,386,647

For more financial information, click here


Official website here: www.midohioenergy.com

What is the mission statement of Mid-Ohio Energy Cooperative Inc?

Mid-Ohio Energy Cooperative is dedicated to providing safe, affordable, and reliable electricity services to over 8,100 meters in various Ohio counties. The cooperative aims to ensure consistent electricity delivery to its members, fostering solid community relationships. It has returned a substantial amount of patronage capital to both current and former members, demonstrating its commitment to its customer base. Mid-Ohio Energy Cooperative prioritizes the well-being of its community and has made significant financial contributions to its members.


Official website here: www.midohioenergy.com

Who is the CEO of Mid-Ohio Energy Cooperative Inc?

John Metcalf is the President & Ceo of Mid-Ohio Energy Cooperative Inc. The CEO's salary of Mid-Ohio Energy Cooperative Inc is $259,020 and their total compensation is $490,101.


Official website here: www.midohioenergy.com

What is the revenue of Mid-Ohio Energy Cooperative Inc?

Mid-Ohio Energy Cooperative Inc's revenue in 2022 was $25,854,304.


Official website here: www.midohioenergy.com

Who are the executives of Mid-Ohio Energy Cooperative Inc and what are their salaries?

The average compensation at Mid-Ohio Energy Cooperative Inc during 2022 was $100,583. There are 28 employees at Mid-Ohio Energy Cooperative Inc.

Here are 17 key members and their salaries (Mid-Ohio Energy Cooperative Inc's CEO's salary is $259,020 and their total compensation is $490,101):

    John Metcalf (President & Ceo)
  • Compensation: $259,020
  • Related: $0
  • Other: $231,081

    • Brent Ransome (Director Of Operations & Engineering)
  • Compensation: $136,720
  • Related: $0
  • Other: $76,889

    • Tracy Daughenbaugh (Operations Supervisor)
  • Compensation: $112,770
  • Related: $0
  • Other: $88,103

    • Gary Vanderhoff (Operations Supervisor)
  • Compensation: $110,594
  • Related: $0
  • Other: $86,792

    • Barry Boes (Lead Lineman)
  • Compensation: $119,635
  • Related: $0
  • Other: $59,939

    • Solomon Weihrauch (Lineman)
  • Compensation: $111,118
  • Related: $0
  • Other: $43,107

    • Kerri Modd (Manager Of Accounting)
  • Compensation: $96,476
  • Related: $0
  • Other: $56,158

    • Michael Gamby (Director Of Finance & Administration)
  • Compensation: $102,578
  • Related: $0
  • Other: $23,018

    • Robert Imbody (Trustee)
  • Compensation: $12,050
  • Related: $0
  • Other: $0

    • John Thiel (Chairman) [Trustee/Director]
  • Compensation: $10,850
  • Related: $0
  • Other: $0

    • Paul Beineke (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0

    • Gene Mccluer (Trustee)
  • Compensation: $8,900
  • Related: $0
  • Other: $0

    • Trevor Fremont (Vice Chairman) [Trustee/Director]
  • Compensation: $8,900
  • Related: $0
  • Other: $0

    • Howard Lyle (Treasurer) [Trustee/Director]
  • Compensation: $7,850
  • Related: $0
  • Other: $0

    • Anthony Hastings (Secretary) [Trustee/Director]
  • Compensation: $6,700
  • Related: $0
  • Other: $0

    • Daniel Harris (Trustee)
  • Compensation: $6,650
  • Related: $0
  • Other: $0

    • Brice Turner (Assistant Secretary) [Trustee/Director]
  • Compensation: $6,350
  • Related: $0
  • Other: $0


  • Official website here: www.midohioenergy.com

    Where can I find the form 990 for Mid-Ohio Energy Cooperative Inc?

    The Mid-Ohio Energy Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.midohioenergy.com

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

    Mission Statement of Mid-Ohio Energy Cooperative Inc

    Mid-Ohio Energy Cooperative, a leading electricity provider, is committed to delivering safe, affordable, and reliable services to over 8,100 meters spread across ten Ohio counties. The cooperative's mission is geared towards ensuring the communities it serves have consistent access to electricity, making it an essential partner in powering the daily lives of its members.

    Mid-Ohio Energy Cooperative takes pride in its longstanding dedication to its community. Beyond providing essential power, the cooperative has demonstrated its commitment to its members by returning over $590,000 in patronage capital. This capital is a testament to the cooperative's financial success, which is then redistributed to both current and former members as a token of appreciation. Despite its focus on electricity provision, the cooperative reaches beyond the power lines, fostering a strong sense of community and financial stewardship.

    Impact

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




    Thursday, August 15, 2024

    Mid-Ohio Energy Cooperative Inc's impact lies in providing safe, affordable, and reliable electricity services to over 8,100 meters across ten Ohio counties. Through its operations, the cooperative has returned over $590,000 of patronage capital to both current and former members, enhancing the economic well-being of its community. By offering essential electricity services, Mid-Ohio Energy Cooperative contributes to the overall quality of life and economic development in the region it serves.





    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: $61,584
  • Program Service Revenue: $25,650,192
  • Gross Receipts: $25,867,583

    • Assets and Liabilities:
  • Total Assets: $60,790,330
  • Total Liabilities: $32,340,883
  • Net Assets: $28,449,447
  • Programs

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

    Sale of electricity

    Revenue

    $24,837,246

    Patronage from associated organizations

    Revenue

    $812,946

    Organization Details

    Founding Year

    1999

    Principal Officer

    John Metcalf

    Main Address

    1210 WEST LIMA STREET, KENTON, OH, 43326

    NTEE Category

    Code: W80 - Public benefit

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