Overview
What is Energy Cooperative Of Ohio?
Energy Cooperative of Ohio is a nonprofit organization established with a mission to bring energy users together as members of a cooperative, forming a larger purchasing group. This strategic approach aims to offer significant savings on their energy expenses. Based in Pickerington, Ohio, the cooperative operates with a dedicated team of four employees. Its primary goal is to leverage the collective buying power of its members to secure more affordable energy rates. This nonprofit organization serves as a testament to the strength of unity and cooperation in achieving cost savings in energy consumption.
Is Energy Cooperative Of Ohio legitimate?
Energy Cooperative Of Ohio is a legitimate nonprofit organization registered as a 501(c)(12) entity. Energy Cooperative Of Ohio 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: $5,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Energy Cooperative Of Ohio?
The Energy Cooperative of Ohio's mission is to bring together energy consumers as members of a cooperative, forming a larger purchasing group. This strategy allows them to offer significant savings on energy expenses for their members. By operating as a cooperative, the Energy Cooperative of Ohio empowers its members to collectively negotiate better energy deals, thereby reducing their individual energy costs. This cooperative approach allows the collective to leverage its buying power, thereby offering substantial savings to its members.
What is the revenue of Energy Cooperative Of Ohio?
Energy Cooperative Of Ohio's revenue in 2023 was $0.
Who are the executives of Energy Cooperative Of Ohio and what are their salaries?
The average compensation at Energy Cooperative Of Ohio during 2023 was $5,850. There is 1 employee at Energy Cooperative Of Ohio.
Here are 4 key members and their salaries:
- Compensation: $5,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Energy Cooperative Of Ohio?
Energy Cooperative Of Ohio's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Energy Cooperative Of Ohio
Energy Cooperative of Ohio, as a cooperative, aims to bring together energy users as members, forming a larger buying group. This strategy enables the cooperative to offer significant savings on energy costs to its members. By pooling resources, Energy Cooperative of Ohio leverages its buying power to provide competitive energy rates and cost-effective solutions to its members. This mission is essential in helping individuals and families manage their energy expenses, fostering financial stability and promoting energy efficiency.
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Impact
October, 2024
Energy Cooperative of Ohio significantly impacts its community by uniting energy users into a larger cooperative buying group. This collective approach allows members to leverage their combined purchasing power, resulting in substantial savings on energy costs. By participating in this cooperative model, individuals and businesses can access lower rates and improved energy services, enhancing financial stability within the community. The cooperative fosters collaboration among members, promoting a sense of unity and shared benefit as they work together to reduce their energy expenses. Overall, Energy Cooperative of Ohio plays a pivotal role in helping its members achieve greater affordability and sustainability in their energy consumption.
This information is meant to be a general summary of Energy Cooperative Of Ohio. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $2,586,231
- Gross Receipts: $2,586,231
Assets and Liabilities:
- Total Assets: $1,626,924
- Total Liabilities: $1,663,453
- Net Assets: -$36,529
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE FROM CUSTOMERS
Revenue
$2,586,231
Organization Details
Founding Year
1998
Principal Officer
John M Zornes
NTEE Category
Code: W80 - Public benefit
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