Overview
What is Firelands Electric Cooperative Inc?
Firelands Electric Cooperative Inc is a nonprofit organization based in New London, Ohio. With a team of 35 dedicated employees, they serve as a rural electricity provider to approximately 7,933 members. Their mission is centered around the distribution of electric energy and associated services to the community they serve.
Official website here: www.firelandsec.com
Is Firelands Electric Cooperative Inc legitimate?
Firelands Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Firelands 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: $354,645
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,429
For more financial information, click here
Official website here: www.firelandsec.com
What is the mission statement of Firelands Electric Cooperative Inc?
Firelands Electric Cooperative Inc is dedicated to providing rural electric energy and associated services to a membership of approximately 7,933 individuals. Their primary mission revolves around the distribution of electricity to aid in powering homes and businesses in rural areas. By doing so, they contribute to improving the quality of life in these communities. Additionally, they offer related services that ensure the reliable and efficient delivery of electricity. Through their efforts, Firelands Electric Cooperative Inc plays a crucial role in ensuring access to essential energy resources in the rural sector.
Official website here: www.firelandsec.com
What is the revenue of Firelands Electric Cooperative Inc?
Firelands Electric Cooperative Inc's revenue in 2023 was $23,566,525.
Official website here: www.firelandsec.com
Who are the executives of Firelands Electric Cooperative Inc and what are their salaries?
The average compensation at Firelands Electric Cooperative Inc during 2023 was $21,519. There are 31 employees at Firelands Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Compensation: $175,696
- Related: $0
- Other: $27,271
- Compensation: $130,893
- Related: $0
- Other: $44,279
- Compensation: $8,450
- Related: $0
- Other: $2,460
- Compensation: $5,850
- Related: $0
- Other: $1,882
- Compensation: $5,150
- Related: $0
- Other: $1,768
- Compensation: $4,725
- Related: $0
- Other: $1,883
- Compensation: $5,600
- Related: $0
- Other: $2,288
- Compensation: $4,550
- Related: $0
- Other: $1,625
- Compensation: $6,650
- Related: $0
- Other: $2,736
- Compensation: $7,081
- Related: $0
- Other: $2,604
- Compensation: $125,143
- Related: $0
- Other: $0
- Compensation: $129,489
- Related: $0
- Other: $0
- Compensation: $136,668
- Related: $0
- Other: $0
- Compensation: $128,630
- Related: $0
- Other: $0
- Compensation: $116,329
- Related: $0
- Other: $0
Official website here: www.firelandsec.com
Where can I find the form 990 for Firelands Electric Cooperative Inc?
Firelands Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.firelandsec.com
Learn more at the official website: www.firelandsec.com
Mission Statement of Firelands Electric Cooperative Inc
Firelands Electric Cooperative Inc is dedicated to providing rural distribution of electric energy and related services to 7,933 members. In simple terms, this cooperative plays a crucial role in bringing electricity to rural communities, ensuring that its members have access to this essential resource.
The mission of Firelands Electric Cooperative Inc goes beyond just supplying electricity. It is an organization committed to delivering reliable and sustainable energy solutions to its members. With a deep sense of responsibility towards its community, the cooperative strives to meet the unique energy needs of each household and business in its network. By focusing on rural distribution, Firelands Electric Cooperative Inc prioritizes serving areas that may not be easily reached by larger energy providers.
Firelands Electric Cooperative Inc is more than just a power supplier; it is a partner to its members. It is a team that understands the importance of a stable electricity supply and takes pride in ensuring that its members have access to the energy they need to live comfortable and productive lives. The cooperative's commitment to its members shines through in its dedication to providing top-notch customer service and addressing any issues promptly. With a strong focus on community engagement and sustainable practices, Firelands Electric Cooperative Inc is not just a business; it is a vital part of the rural communities it serves.
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Impact
October, 2024
Firelands Electric Cooperative Inc significantly impacts its community by providing reliable and affordable electric energy to 7,933 members in New London, Ohio. By focusing on rural distribution, it ensures that underserved and remote areas receive essential power services, fostering economic development and improving the quality of life for residents. This access to electricity is crucial for both daily activities and local businesses, enabling growth and sustainability in the region. Additionally, the cooperative’s commitment to community service enhances public benefit, supporting various local initiatives and promoting energy efficiency practices among its members. Overall, Firelands Electric Cooperative plays a vital role in empowering its community through dependable energy solutions and dedicated service.
This information is meant to be a general summary of Firelands 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 2023.
- Investment Income: $77,004
- Program Service Revenue: $22,709,297
- Gross Receipts: $23,584,784
Assets and Liabilities:
- Total Assets: $51,498,648
- Total Liabilities: $26,431,346
- Net Assets: $25,067,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRIC
Revenue
$22,709,297
Organization Details
Founding Year
1936
Principal Officer
Daniel Schloemer
Main Address
2545 NIVER RD, WILLARD, OH, 44890
Website
www.firelandsec.comNTEE Category
Code: W80 - Public benefit
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