Overview
What is National Gas & Oil Cooperative?
The National Gas & Oil Cooperative is a nonprofit utility based in Newark, Ohio. They serve approximately 38,000 members in ten Ohio counties by distributing and transporting natural gas to their communities. With a workforce of 85 employees, their mission is dedicated to ensuring the reliable delivery of natural gas to their members.
Official website here: www.theenergycoop.com
Is National Gas & Oil Cooperative legitimate?
National Gas & Oil Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. National Gas & Oil Cooperative 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: $2,447,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theenergycoop.com
What is the mission statement of National Gas & Oil Cooperative?
The National Gas & Oil Cooperative is dedicated to the distribution and transportation of natural gas to its members. Its mission is focused on serving its approximately 38,000 members in an unspecified number of counties. By prioritizing the needs of its members, the cooperative ensures a reliable supply of natural gas for their use. The cooperative's operations encompass the procurement and delivery of this essential resource, fostering energy security and sustainability for the communities it serves.
Official website here: www.theenergycoop.com
Who is the CEO of National Gas & Oil Cooperative?
Unavailable The CEO's salary of National Gas & Oil Cooperative is $374,686 and their total compensation is $502,382.
Official website here: www.theenergycoop.com
What is the revenue of National Gas & Oil Cooperative?
National Gas & Oil Cooperative's revenue in 2022 was $53,771,324.
Official website here: www.theenergycoop.com
Who are the executives of National Gas & Oil Cooperative and what are their salaries?
The average compensation at National Gas & Oil Cooperative during 2022 was $28,794. There are 85 employees at National Gas & Oil Cooperative.
Here are 21 key members and their salaries (National Gas & Oil Cooperative's CEO's salary is $374,686 and their total compensation is $502,382):
- Compensation: $374,686
- Related: $0
- Other: $127,696
- Compensation: $309,674
- Related: $0
- Other: $122,531
- Compensation: $294,210
- Related: $0
- Other: $131,919
- Compensation: $219,227
- Related: $0
- Other: $81,942
- Compensation: $191,086
- Related: $0
- Other: $96,523
- Compensation: $0
- Related: $181,143
- Other: $86,737
- Compensation: $177,821
- Related: $0
- Other: $88,760
- Compensation: $0
- Related: $193,487
- Other: $67,720
- Compensation: $157,408
- Related: $0
- Other: $74,006
- Compensation: $0
- Related: $35,000
- Other: $0
- Compensation: $0
- Related: $21,700
- Other: $0
- Compensation: $0
- Related: $19,250
- Other: $0
- Compensation: $0
- Related: $17,750
- Other: $0
- Compensation: $0
- Related: $15,500
- Other: $0
- Compensation: $0
- Related: $14,750
- Other: $0
- Compensation: $0
- Related: $13,750
- Other: $0
- Compensation: $0
- Related: $10,250
- Other: $0
- Compensation: $0
- Related: $8,850
- Other: $0
- Compensation: $0
- Related: $7,750
- Other: $0
- Compensation: $0
- Related: $6,750
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.theenergycoop.com
Where can I find the form 990 for National Gas & Oil Cooperative?
National Gas & Oil Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theenergycoop.com
Learn more at the official website: www.theenergycoop.com
Mission Statement of National Gas & Oil Cooperative
The National Gas & Oil Cooperative, with its mission to distribute and transport natural gas for and to its members, plays a vital role in providing essential energy resources to approximately 38,000 individuals in Ohio. This cooperative, dedicated to delivering natural gas, operates as a utility that caters to the energy needs of its community.
In the heart of this mission, the National Gas & Oil Cooperative stands as a reliable partner to its members, ensuring the consistent and efficient delivery of natural gas. By distributing and transporting this essential resource, the cooperative helps power homes and businesses, enhancing the daily lives of its community members in various ways.
Through its unwavering commitment to its members, the National Gas & Oil Cooperative fosters a sense of security and stability in the provision of energy resources. The cooperative's operations extend beyond mere gas distribution, encompassing the transportation aspect to guarantee a seamless and dependable energy experience for those it serves.
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Impact
October, 2024
National Gas & Oil Cooperative plays a crucial role in providing reliable natural gas services to approximately 38,000 members across 10 Ohio counties. By distributing and transporting natural gas, the cooperative ensures that homes and businesses have access to this essential energy source, ultimately supporting economic stability and growth in the region.
The cooperative's efforts enhance community development by fostering energy security and promoting the use of natural gas, which is often more efficient and environmentally friendly compared to other fossil fuels. Their operations not only meet the energy needs of their members but also contribute to the overall public benefit in the areas they serve.
In addition, the cooperative's mission to focus on its members fosters a strong sense of community and collaboration, allowing for a more tailored approach to energy distribution that addresses the unique needs of each county. Through these initiatives, National Gas & Oil Cooperative significantly impacts the quality of life and economic prospects for its members.
This information is meant to be a general summary of National Gas & Oil Cooperative. 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 2022.
- Investment Income: $100,645
- Program Service Revenue: $52,277,429
- Gross Receipts: $53,771,324
Assets and Liabilities:
- Total Assets: $117,645,102
- Total Liabilities: $128,619,051
- Net Assets: -$10,973,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAS SERVICE REVENUE
Revenue
$52,277,429
Organization Details
Founding Year
1998
Phone
(800) 255-6815Main Address
PO BOX 4970, NEWARK, OH, 43058
Website
www.theenergycoop.comNTEE Category
Code: W80 - Public benefit
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