Overview
What is Holmes-Wayne Electric Cooperative Inc?
Holmes-Wayne Electric Cooperative Inc, established in Millersburg, Ohio in 1935, is a nonprofit electric utility company serving over 17,800 accounts in northeast Ohio. With a vast network of 2,300 miles of distribution lines and 18 substations, they have made significant strides in providing electricity to rural areas in eight counties. Their mission is to deliver quality, affordable electric services to their member-customers. The company, which operates with a non-profit status, has been dedicated to this purpose for nearly a century.
Official website here: www.hwecoop.com
Is Holmes-Wayne Electric Cooperative Inc legitimate?
Holmes-Wayne Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Holmes-Wayne 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: $929,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,535,648
For more financial information, click here
Official website here: www.hwecoop.com
What is the mission statement of Holmes-Wayne Electric Cooperative Inc?
Holmes-Wayne Electric Cooperative Inc, established in 1935, operates as a non-profit electric utility with a mission to provide high-quality, affordable electric services to its member-customers. Its largest accomplishment lies in the distribution of electricity to rural areas in eight counties in Ohio. To date, the cooperative has served over 17,800 accounts and maintains over 2,300 miles of distribution lines and 18 substations. Holmes-Wayne Electric Cooperative Inc remains committed to delivering reliable electric services to its community.
Official website here: www.hwecoop.com
Who is the CEO of Holmes-Wayne Electric Cooperative Inc?
Glenn W Miller is the Trustee of Holmes-Wayne Electric Cooperative Inc. The CEO's salary of Holmes-Wayne Electric Cooperative Inc is $293,437 and their total compensation is $401,890.
Official website here: www.hwecoop.com
What is the revenue of Holmes-Wayne Electric Cooperative Inc?
Holmes-Wayne Electric Cooperative Inc's revenue in 2022 was $20,247,705.
Official website here: www.hwecoop.com
Who are the executives of Holmes-Wayne Electric Cooperative Inc and what are their salaries?
The average compensation at Holmes-Wayne Electric Cooperative Inc during 2022 was $103,830. There are 43 employees at Holmes-Wayne Electric Cooperative Inc.
Here are 19 key members and their salaries (Holmes-Wayne Electric Cooperative Inc's CEO's salary is $293,437 and their total compensation is $401,890):
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $8,800
- Related: $0
- Other: $0
- Compensation: $10,800
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $4,400
- Related: $0
- Other: $0
- Compensation: $5,600
- Related: $0
- Other: $0
- Compensation: $123,574
- Related: $0
- Other: $66,728
- Compensation: $178,326
- Related: $0
- Other: $83,704
- Compensation: $293,437
- Related: $0
- Other: $108,453
- Compensation: $120,279
- Related: $0
- Other: $49,256
- Compensation: $121,590
- Related: $0
- Other: $52,821
- Compensation: $119,312
- Related: $0
- Other: $34,358
- Compensation: $121,450
- Related: $0
- Other: $49,256
- Compensation: $123,477
- Related: $0
- Other: $52,807
Official website here: www.hwecoop.com
Where can I find the form 990 for Holmes-Wayne Electric Cooperative Inc?
Holmes-Wayne Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hwecoop.com
Learn more at the official website: www.hwecoop.com
Mission Statement of Holmes-Wayne Electric Cooperative Inc
Holmes-Wayne Electric Cooperative Inc, a non-profit electric utility established in 1935, has dedicated itself to providing quality, affordable electric services to its member-customers in northeast Ohio. With a mission to furnish its community with reliable and cost-effective electricity, the cooperative has expanded its reach to serve over 17,800 accounts across eight counties. Spanning more than 2,300 miles of distribution lines and operating 18 substations, Holmes-Wayne Electric Cooperative Inc has made significant strides in electrifying rural areas, making a substantial difference in the lives of its members.
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Impact
October, 2024
Holmes-Wayne Electric Cooperative Inc has made a significant impact in Northeast Ohio since its establishment in 1935. The cooperative has played a crucial role in providing reliable and affordable electric services to rural areas across eight counties. Serving over 17,800 accounts, it has developed an extensive network of more than 2,300 miles of distribution lines and 18 substations, ensuring that communities have access to essential electricity.
The cooperative's commitment to quality service not only promotes energy accessibility but also supports local economic development by enabling homes and businesses to thrive. By prioritizing low-cost electric services, Holmes-Wayne Electric Cooperative fosters financial relief for its member-customers, allowing them to allocate resources toward other vital needs. Their ongoing service and infrastructure development contribute to the overall well-being and growth of the communities they serve. This impact extends beyond electricity distribution; it encompasses a dedication to enhancing the quality of life for residents in rural Ohio.
This information is meant to be a general summary of Holmes-Wayne 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: $45,067
- Gross Receipts: $52,454,117
Assets and Liabilities:
- Total Assets: $111,892,981
- Total Liabilities: $65,726,851
- Net Assets: $46,166,130
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Organization Details
Founding Year
1935
Phone
(330) 674-1055Principal Officer
Glenn W Miller
Main Address
PO BOX 112, MILLERSBURG, OH, 446540112
Website
www.hwecoop.comNTEE Category
Code: W80 - Public benefit
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