Consolidated Cooperative

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

EIN: 314259080 ✦ Mt gilead, OH ✦ Designated as a 501(c)(12)

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Overview

What is Consolidated Cooperative?

Consolidated Cooperative is a nonprofit organization based in Mount Gilead, Ohio, with a PO Box address on State Route 95. They specialize in the distribution of electric energy and associated services to approximately 18,771 consumer accounts. Committed to enhancing the quality of life for their members and communities, Consolidated Cooperative employs a team of 84 individuals. Their mission encompasses dedication and improvement in various aspects of community living.


Official website here: www.consolidated.coop

Is Consolidated Cooperative legitimate?

Consolidated Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Consolidated 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: $1,360,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,939,217

For more financial information, click here


Official website here: www.consolidated.coop

What is the mission statement of Consolidated Cooperative?

Consolidated Cooperative is committed to enhancing the living standards of its members and communities. Through its operations, it focuses on the distribution of electric energy and related services to approximately 18,771 consumer accounts. The cooperative's mission is geared towards making a meaningful difference in people's lives by providing essential energy services. Its dedication extends beyond just energy distribution, as it strives to contribute positively to the communities it serves.


Official website here: www.consolidated.coop

Who is the CEO of Consolidated Cooperative?

Michael Struck is the Chairman of Consolidated Cooperative. The CEO's salary of Consolidated Cooperative is $270,345 and their total compensation is $348,022.


Official website here: www.consolidated.coop

What is the revenue of Consolidated Cooperative?

Consolidated Cooperative's revenue in 2022 was $62,840,671.


Official website here: www.consolidated.coop

Who are the executives of Consolidated Cooperative and what are their salaries?

The average compensation at Consolidated Cooperative during 2022 was $63,096. There are 84 employees at Consolidated Cooperative.


Here are 21 key members and their salaries (Consolidated Cooperative's CEO's salary is $270,345 and their total compensation is $348,022):


Michael Struck (Chairman)
  • Compensation: $10,666
  • Related: $0
  • Other: $0
Michael Shuster (Vice Chairma)
  • Compensation: $10,916
  • Related: $0
  • Other: $0
Mary Fuller (Secretary)
  • Compensation: $14,041
  • Related: $0
  • Other: $0
David Erickson (Assistant Se)
  • Compensation: $6,659
  • Related: $0
  • Other: $0
Kent Kramer (Treasurer)
  • Compensation: $8,866
  • Related: $0
  • Other: $0
Donald Breece (Trustee)
  • Compensation: $13,716
  • Related: $0
  • Other: $0
Timothy G Bachelder (Trustee)
  • Compensation: $13,891
  • Related: $0
  • Other: $0
Michael Huston (Trustee)
  • Compensation: $5,279
  • Related: $0
  • Other: $0
Larry Roof (Trustee)
  • Compensation: $12,366
  • Related: $0
  • Other: $0
Phillip Caskey (Ceo)
  • Compensation: $270,345
  • Related: $0
  • Other: $77,677
Timothy Applegate (Coo Elect. S)
  • Compensation: $185,645
  • Related: $0
  • Other: $73,543
Terilyn Wallis (Cfo/Chro)
  • Compensation: $240,490
  • Related: $0
  • Other: $29,507
Amanda Pridemore (Cfo)
  • Compensation: $48,236
  • Related: $0
  • Other: $7,005
Jennifer Barger (Cmo)
  • Compensation: $153,519
  • Related: $0
  • Other: $59,656
Daniel Jones (Special Proj)
  • Compensation: $199,656
  • Related: $0
  • Other: $58,522
Jaimey Burden (Vp Oper & Sa)
  • Compensation: $166,533
  • Related: $0
  • Other: $61,923
Carrie Bessinger (Fin. Serv. M)
  • Compensation: $143,186
  • Related: $0
  • Other: $33,947
Christina Shoffner (Vp Info Sys)
  • Compensation: $140,127
  • Related: $0
  • Other: $64,809
Josh Cox (Line Mech A)
  • Compensation: $134,475
  • Related: $0
  • Other: $24,574
Tyler Thompson (Fiber E&O Co)
  • Compensation: $134,143
  • Related: $0
  • Other: $30,900
Skylar Caldwell (Line Mech A)
  • Compensation: $131,809
  • Related: $0
  • Other: $36,094


Official website here: www.consolidated.coop

Where can I find the form 990 for Consolidated Cooperative?

Consolidated Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.consolidated.coop

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

Mission Statement of Consolidated Cooperative

Consolidated Cooperative, a dedicated organization, strives to enhance the quality of life for its members and communities. The mission of this cooperative is multifaceted, focusing on the distribution of electric energy and related services to 18,771 consumer accounts. By providing essential energy needs, Consolidated Cooperative sets the foundation for improved living conditions and enhanced opportunities for its members.

Beyond the supply of electric energy, the organization goes the extra mile in contributing to the overall well-being of the communities it serves. Consolidated Cooperative's unwavering commitment is reflected in its mission to make a positive impact on the lives of its clients, ensuring a higher standard of living for all. Through this mission, the cooperative fosters a sense of unity and progress within the communities it serves, ultimately leading to a more prosperous and connected future for its members.

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Impact




October, 2024

Consolidated Cooperative significantly enhances the quality of life for its members and the surrounding community in Mt. Gilead, OH. By providing reliable distribution of electric energy and related services to 18,771 consumer accounts, it plays a vital role in ensuring access to essential utilities. This seamless energy supply not only supports everyday activities but also fosters economic growth and stability in the area. Moreover, the cooperative's commitment to improving community welfare reflects its broader mission, making it a cornerstone of public benefit. Through its focused efforts, Consolidated Cooperative has a profound and lasting impact on the lives of individuals and families by ensuring they have the energy needed to thrive and prosper.




This information is meant to be a general summary of Consolidated 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.

Revenue
$62,840,671 (2022)
Expenses
$58,991,444 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $227,643
  • Program Service Revenue: $60,183,057
  • Gross Receipts: $83,255,381

Assets and Liabilities:

  • Total Assets: $147,465,342
  • Total Liabilities: $99,551,874
  • Net Assets: $47,913,468

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Programs

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

SALE OF ELECTRIC ENERGY

Revenue

$60,183,057

Organization Details

Founding Year

1996

Principal Officer

Michael Struck

Main Address

5255 STATE ROUTE 95 PO BOX 111, MT GILEAD, OH, 43338

NTEE Category

Code: W80 - Public benefit

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