Overview
What is Midwest Electric Inc?
Midwest Electric Inc, located in rural west-central Ohio, is a nonprofit cooperative dedicated to bringing electricity to over 11,000 meters in the area. Established on a not-for-profit basis, the cooperative purchases electric power and efficiently delivers it to its members residing in the region. The mission of Midwest Electric Inc goes beyond just providing electricity; it aims to enhance the quality of life for its members and communities by ensuring reliable and safe electric service, delivering superior customer service, and introducing innovative energy solutions at competitive prices. With a dedicated workforce of 30 employees, the cooperative is committed to improving the lives of those it serves in rural west-central Ohio.
Official website here: www.midwestrec.com
What are the reviews and ratings of this charity?
Midwest Electric Inc is not currently rated by Charity Navigator. The lack of a rating signifies that the organization has not been evaluated, primarily because it does not fall under the 501(c)(3) IRS classification necessary for certain measurements, like Accountability & Finance or Impact & Measurement. This absence does not imply anything inherently positive or negative about the organization.
Charity Navigator data mentioned that Midwest Electric Inc is an independent organization that is not a 501(c)(3), which limits evaluation under several methodologies typically used for nonprofit assessments. The organization has, however, filed IRS documentation such as the Form 990, which is notable for transparency, though specific financial details and key personnel salaries are not available.
There are no user reviews provided on GreatNonprofits for Midwest Electric Inc, making it difficult to extract sentiment or user feedback regarding the organization's services or impact within its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Midwest Electric Inc?
92% of 27 reviewers on Facebook recommend Midwest Electric Inc. Here is a summary of their reviews:
Many users describe the organization as reliable and efficient, appreciating their prompt response times and dependable services. Positive sentiments highlight satisfaction with their overall experience, reinforcing a sense of community belonging.
Overall, it appears that the nonprofit successfully meets the needs of its members, with a strong emphasis on quality service and commitment to its mission.
This AI summary has been generated from reviews found on Facebook.
Is Midwest Electric Inc legitimate?
Midwest Electric Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Midwest Electric 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: $961,477
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,477,969
For more financial information, click here
Official website here: www.midwestrec.com
What is the mission statement of Midwest Electric Inc?
Midwest Electric Inc is dedicated to enhancing the lives of its members by providing them with reliable and high-quality electric power. The cooperative's mission goes beyond just delivering electricity; it strives for superior customer service and innovative energy solutions at competitive prices. By operating on a non-profit basis, Midwest Electric Inc aims to improve the communities it serves, ensuring effective delivery of electricity to over 11,000 meters in rural areas.
Official website here: www.midwestrec.com
Who is the CEO of Midwest Electric Inc?
Matthew Berry is the Principal Officer of Midwest Electric Inc.
Official website here: www.midwestrec.com
What is the revenue of Midwest Electric Inc?
Midwest Electric Inc's revenue in 2022 was $35,560,996.
Official website here: www.midwestrec.com
Who are the executives of Midwest Electric Inc and what are their salaries?
The average compensation at Midwest Electric Inc during 2022 was $114,648. There are 30 employees at Midwest Electric Inc.
Here are 16 key members and their salaries:
- Compensation: $11,570
- Related: $0
- Other: $0
- Compensation: $12,070
- Related: $0
- Other: $0
- Compensation: $12,200
- Related: $0
- Other: $0
- Compensation: $13,995
- Related: $0
- Other: $0
- Compensation: $10,240
- Related: $0
- Other: $0
- Compensation: $14,290
- Related: $0
- Other: $0
- Compensation: $15,815
- Related: $0
- Other: $0
- Compensation: $14,640
- Related: $0
- Other: $0
- Compensation: $219,781
- Related: $0
- Other: $158,189
- Compensation: $143,333
- Related: $0
- Other: $95,754
- Compensation: $158,306
- Related: $0
- Other: $81,294
- Compensation: $116,861
- Related: $0
- Other: $57,509
- Compensation: $117,006
- Related: $0
- Other: $12,517
- Compensation: $126,803
- Related: $0
- Other: $50,200
- Compensation: $113,170
- Related: $0
- Other: $19,842
- Compensation: $119,161
- Related: $0
- Other: $12,220
Official website here: www.midwestrec.com
Where can I find the form 990 for Midwest Electric Inc?
Midwest Electric Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midwestrec.com
Learn more at the official website: www.midwestrec.com
Mission Statement of Midwest Electric Inc
Midwest Electric Inc, a member-owned electric cooperative, is dedicated to enhancing the lives of its members and communities by reliably delivering safe and competitive electric power. The cooperative's primary objective is to effectively distribute electricity to over 11,000 meters located throughout rural West-Central Ohio.
Midwest Electric Inc's mission extends beyond just providing electricity. It aspires to offer superior customer service, ensuring that the needs of its members are met with professionalism and attentiveness. The cooperative is committed to innovating energy solutions that cater to the evolving requirements of its clientele, all while maintaining affordable prices.
In line with its mission, Midwest Electric Inc focuses on improving the quality of life for its members by prioritizing safety and reliability in its power delivery. The cooperative's team of experts works tirelessly to ensure that power outages are minimized, and any issues are addressed promptly and efficiently. Midwest Electric Inc's unwavering commitment to its customers sets it apart, making it an essential provider of essential services in the communities it serves.
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Impact
October, 2024
Midwest Electric Inc plays a vital role in enhancing the quality of life for residents in rural west-central Ohio by providing reliable and affordable electricity. As a member-owned electric cooperative, it serves over 11,000 meters, ensuring that members have access to essential energy services. The cooperative focuses on effective power delivery, emphasizing superior customer service and innovative energy solutions that cater to the unique needs of its community.
By prioritizing the safety and reliability of electrical service, Midwest Electric Inc contributes significantly to the overall well-being of its members and the broader community. Its mission includes fostering economic growth and stability in rural areas, making it a cornerstone of local development. Additionally, the cooperative's non-profit structure allows it to reinvest in infrastructure improvements and community initiatives, further enhancing its impact on the region. By delivering competitively-priced electricity and engaging in proactive outreach, Midwest Electric Inc strengthens both the local economy and the fabric of its community.
This information is meant to be a general summary of Midwest Electric 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: $87,292
- Program Service Revenue: $34,073,312
- Gross Receipts: $35,561,030
Assets and Liabilities:
- Total Assets: $69,714,672
- Total Liabilities: $35,675,679
- Net Assets: $34,038,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$34,073,312
Organization Details
Founding Year
1936
Phone
(419) 394-4110Principal Officer
Matthew Berry
Main Address
06029 COUNTY ROAD 33A, ST MARYS, OH, 458859762
Website
www.midwestrec.comNTEE Category
Code: W80 - Public benefit
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