Overview
What is Union Rural Electric Cooperative Inc?
Union Rural Electric Cooperative Inc is a nonprofit organization headquartered in Marysville, Ohio, along US Highway 36, with a ZIP code of 43040. They serve approximately 11,000 members and are dedicated to delivering safe and reliable electricity and natural gas to their community at fair prices. The cooperative constructs and maintains the necessary facilities to fulfill this mission. Their team consists of 51 employees who work towards ensuring the successful implementation of their purpose.
Official website here: www.ure.com
What are the reviews and ratings of this charity?
Union Rural Electric Cooperative Inc does not currently have a rating from Charity Navigator. This absence doesn't imply a negative or positive status; rather, it's due to the Cooperative not fitting the criteria for evaluation, such as being a 501(c)(3) nonprofit. Charity Navigator requires specific beacons that Union Rural Electric Cooperative cannot fulfil under the current guidelines.
The organization's historical ratings were based mainly on accountability and financial metrics akin to today's standards. However, these past ratings did not incorporate newer criteria like Leadership & Adaptability or Impact & Measurement. This limits the current understanding of the organization's effectiveness and operational transparency through Charity Navigator's lens.
Although the IRS data is available, the lack of charity navigator analytics means that insights into Union Rural Electric Cooperative's expenditures, revenue, and salaries of key persons remain opaque to the public. There's no feedback from GreatNonprofits to provide additional context or sentiment about the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Union Rural Electric Cooperative Inc legitimate?
Union Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Union Rural Electric Cooperative 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: $835,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ure.com
What is the mission statement of Union Rural Electric Cooperative Inc?
Union Rural Electric Cooperative Inc strives to make a positive impact on its community by ensuring the delivery of safe and dependable energy to its members at reasonable prices. The cooperative's primary goal is to make a difference through the provision of essential energy services. It constructs and maintains facilities to accomplish this mission, serving approximately 11,000 members in the reporting year. By delivering energy reliably, the cooperative contributes to the well-being and development of the community it serves.
Official website here: www.ure.com
Who is the CEO of Union Rural Electric Cooperative Inc?
Anthony P Smith is the President/Ceo of Union Rural Electric Cooperative Inc. The CEO's salary of Union Rural Electric Cooperative Inc is $229,320 and their total compensation is $460,229.
Official website here: www.ure.com
What is the revenue of Union Rural Electric Cooperative Inc?
Union Rural Electric Cooperative Inc's revenue in 2022 was $63,176,541.
Official website here: www.ure.com
Who are the executives of Union Rural Electric Cooperative Inc and what are their salaries?
The average compensation at Union Rural Electric Cooperative Inc during 2022 was $16,377. There are 51 employees at Union Rural Electric Cooperative Inc.
Here are 14 key members and their salaries (Union Rural Electric Cooperative Inc's CEO's salary is $229,320 and their total compensation is $460,229):
- Compensation: $229,320
- Related: $0
- Other: $230,909
- Compensation: $161,645
- Related: $0
- Other: $125,100
- Compensation: $158,778
- Related: $0
- Other: $100,489
- Compensation: $161,519
- Related: $0
- Other: $91,538
- Compensation: $129,852
- Related: $0
- Other: $90,317
- Compensation: $127,595
- Related: $0
- Other: $67,031
- Compensation: $133,535
- Related: $0
- Other: $57,060
- Compensation: $14,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $14,100
- Compensation: $13,800
- Related: $0
- Other: $0
- Compensation: $13,500
- Related: $0
- Other: $0
- Compensation: $12,900
- Related: $0
- Other: $0
- Compensation: $12,600
- Related: $0
- Other: $0
- Compensation: $7,275
- Related: $0
- Other: $0
Official website here: www.ure.com
Where can I find the form 990 for Union Rural Electric Cooperative Inc?
Union Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ure.com
Learn more at the official website: www.ure.com
Mission Statement of Union Rural Electric Cooperative Inc
Union Rural Electric Cooperative Inc, a community-focused organization, strives to make a positive impact by ensuring the delivery of safe and dependable energy to its members at just prices. The cooperative's primary objective is to provide its member-owners with consistent and trustworthy energy services.
In pursuit of this mission, Union Rural Electric Cooperative Inc not only distributes electricity and natural gas but also constructs and maintains the necessary facilities. Serving around 11,000 individuals in the reporting year, the cooperative's commitment to its community is unwavering.
By delivering safe and reliable energy, Union Rural Electric Cooperative Inc contributes significantly to improving the daily lives of its members. This mission statement reflects the cooperative's dedication to creating a better future for its community through essential energy services offered at fair prices.
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Impact
October, 2024
Union Rural Electric Cooperative Inc plays a crucial role in the community by ensuring the provision of safe and reliable energy to its members at fair prices. By distributing electricity and natural gas, the cooperative serves approximately 11,000 members in Marysville, Ohio, fostering energy accessibility and reliability. The cooperative also actively constructs and maintains the necessary facilities, which not only supports energy distribution but also contributes to local infrastructure development. This commitment to delivering essential services enhances the quality of life for residents, strengthens the local economy, and promotes community welfare. Through its mission, Union Rural Electric Cooperative Inc makes a meaningful impact on the community, prioritizing the needs of its members and reinforcing the importance of sustainable energy practices.
This information is meant to be a general summary of Union Rural Electric Cooperative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,446
- Program Service Revenue: $60,854,003
- Gross Receipts: $63,208,155
Assets and Liabilities:
- Total Assets: $111,821,827
- Total Liabilities: $56,552,570
- Net Assets: $55,269,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Revenue
Revenue
$58,373,086
Gas Revenue
Revenue
$2,196,921
Forfeited Discounts
Revenue
$131,352
Pole Attachment Revenue
Revenue
$127,284
Other Electric Services
Revenue
$5,915
Organization Details
Founding Year
1936
Phone
(937) 642-1826Principal Officer
Anthony P Smith
Main Address
15461 US Highway 36, Marysville, OH, 43040
Website
www.ure.comNTEE Category
Code: W80 - Public benefit
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