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Madison Energy Cooperative Association Inc

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

EIN: 311567464 ✦ Canton, OH ✦ Designated as a 501(c)(12)

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Overview

What is Madison Energy Cooperative Association Inc?

Madison Energy Cooperative Association Inc is a nonprofit organization primarily focused on the installation and maintenance of natural gas pipelines. Their primary objective is to ensure the provision of natural gas service for their member's benefit. This involves maintaining the pipelines to ensure a reliable and stable natural gas supply. The organization's mission is centered around serving its members, prioritizing their need for natural gas. While the information provided does not detail any additional programs or initiatives, it is clear that Madison Energy Cooperative Association Inc is dedicated to its core mission of natural gas infrastructure management.

Is Madison Energy Cooperative Association Inc legitimate?

Madison Energy Cooperative Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Madison Energy Cooperative Association 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $9,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Madison Energy Cooperative Association Inc?

Madison Energy Cooperative Association Inc's mission is centered around the installation and maintenance of natural gas pipelines. This is done with the primary objective of providing natural gas service to its members, aiming to benefit them effectively. The organization's activities are essentially geared towards ensuring a reliable supply of natural gas, thereby enhancing energy security for its member base. The cooperative operates with the collective interests of its members at heart, striving to meet their energy needs efficiently and sustainably.

Who is the CEO of Madison Energy Cooperative Association Inc?

David Wheatley is the President of Madison Energy Cooperative Association Inc.

What is the revenue of Madison Energy Cooperative Association Inc?

Madison Energy Cooperative Association Inc's revenue in 2022 was $4,370,569.

Who are the executives of Madison Energy Cooperative Association Inc and what are their salaries?


Here are 5 key members and their salaries:


David Wheatley (President)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Jeff Niemeyer (Board Member)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Stan Kavy (Board Member)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
John Cimino (Board Member)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Richard Ballard (Board Member)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madison Energy Cooperative Association Inc?

Madison Energy Cooperative Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Madison Energy Cooperative Association Inc

Madison Energy Cooperative Association Inc is dedicated to the installation and maintenance of natural gas pipelines. Their primary objective is to provide natural gas service for the benefit of its members. By managing these pipelines effectively, the cooperative ensures a reliable source of energy for its members, enhancing their daily lives. The mission of Madison Energy Cooperative Association Inc is centered around the provision of essential natural gas services, thereby contributing to the comfort and convenience of its member community.

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Impact




October, 2024

Madison Energy Cooperative Association Inc plays a crucial role in the community by providing reliable access to natural gas services. By focusing on the installation and maintenance of natural gas pipelines, the cooperative ensures that members receive consistent energy for heating, cooking, and other essential needs. This reliability contributes to the overall quality of life in Canton, OH, by enhancing energy security and supporting economic stability.

The cooperative's efforts also promote safety and environmental responsibility, as natural gas is often a cleaner alternative to other fossil fuels. This commitment to maintaining and expanding the natural gas infrastructure helps to foster energy independence for its members.

Moreover, Madison Energy Cooperative Association Inc's work signifies a strong community-oriented approach, prioritizing the needs of its members and ensuring that they benefit from affordable and efficient energy solutions. The cooperative's impact is felt not only in individual households but also in the broader economic landscape, as reliable energy access can stimulate local businesses and attract new investments to the area.




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


Financials

This financial information is from Propublica.

Revenue
$4,370,569 (2022)
Expenses
$4,370,133 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $4,366,494
  • Gross Receipts: $4,370,569

Assets and Liabilities:

  • Total Assets: $834,510
  • Total Liabilities: $746,418
  • Net Assets: $88,092

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Programs

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

Natural Gas

Revenue

$4,366,494

Organization Details

Founding Year

1997

Principal Officer

David Wheatley

Main Address

4100 Holiday Street NW 201, Canton, OH, 44718

NTEE Category

Code: W80 - Public benefit

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