Consolidated Cooperative

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

EIN: 314259080 ✦ Marengo, 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: $1,317,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,649,024

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?

Philip Caskey is the CEO of Consolidated Cooperative The CEO's salary of Consolidated Cooperative is $287,922 and their total compensation is $508,552.


Official website here: www.consolidated.coop

What is the revenue of Consolidated Cooperative?

Consolidated Cooperative's revenue in 2023 was $62,802,775.


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 2023 was $59,120. There are 84 employees at Consolidated Cooperative.

Here are 21 key members and their salaries (Consolidated Cooperative's CEO's salary is $287,922 and their total compensation is $508,552):


Philip Caskey (Ceo)
  • Compensation: $287,922
  • Related: $0
  • Other: $220,630
Timothy Applegate (Coo)
  • Compensation: $187,197
  • Related: $0
  • Other: $131,898
Jaimey Burden (Vp Operations & Safety)
  • Compensation: $166,566
  • Related: $0
  • Other: $139,364
Amanda Pridemore (Cfo)
  • Compensation: $182,638
  • Related: $0
  • Other: $101,510
Daniel Jones (Special Project Administrator)
  • Compensation: $141,740
  • Related: $0
  • Other: $101,510
Daniel Boysel (Community & Government Relations Vice President)
  • Compensation: $126,335
  • Related: $0
  • Other: $113,420
Christina Shoffner (Vp Information Systems)
  • Compensation: $145,741
  • Related: $0
  • Other: $93,878
Carrie Bessinger (Financial Services Manager)
  • Compensation: $126,247
  • Related: $0
  • Other: $93,338
Jennifer Barger (Cmo)
  • Compensation: $134,795
  • Related: $0
  • Other: $80,604
Daniel Amato (Engineering Manager)
  • Compensation: $130,905
  • Related: $0
  • Other: $80,604
Aimee Jantz (Chief People Officer)
  • Compensation: $119,701
  • Related: $0
  • Other: $82,532
James Tupps (District Operations Supervisor)
  • Compensation: $128,658
  • Related: $0
  • Other: $56,547
Michael Shuster (Vice Chairman)
  • Compensation: $32,466
  • Related: $0
  • Other: $0
Michael Struck (Chairman)
  • Compensation: $20,016
  • Related: $0
  • Other: $0
Timothy G Bachelder (Trustee)
  • Compensation: $18,541
  • Related: $0
  • Other: $0
Larry Roof (Trustee)
  • Compensation: $16,366
  • Related: $0
  • Other: $0
David Erickson (Assistant Secretary)
  • Compensation: $14,541
  • Related: $0
  • Other: $0
Mary Fuller (Secretary)
  • Compensation: $13,691
  • Related: $0
  • Other: $0
Kent Kramer (Treasurer)
  • Compensation: $13,166
  • Related: $0
  • Other: $0
Donald Breece (Trustee)
  • Compensation: $12,841
  • Related: $0
  • Other: $0
Michael Huston (Trustee)
  • Compensation: $7,091
  • Related: $0
  • Other: $0


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 2023 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
$62,802,775 (2023)
Expenses
$62,802,775 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $669,949
  • Program Service Revenue: $58,477,631
  • Gross Receipts: $64,642,413

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

$58,477,631

Organization Details

Founding Year

1996

Principal Officer

Michael Struck

NTEE Category

Code: W80 - Public benefit

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