North Central Electric Cooperative Inc

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

EIN: 344316639 ✦ Attica, OH ✦ Designated as a 501(c)(12)

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Overview

What is North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc, based in Attica, Ohio, serves as a nonprofit organization dedicated to providing electricity and related services to its members. With a team of 41 employees, the cooperative is committed to delivering highly reliable electric service, excellent customer service, and innovative energy solutions, all at competitive prices. The mission of North Central Electric Cooperative Inc is to cater to the needs of its member-owners effectively.


Official website here: www.ncelec.org

Is North Central Electric Cooperative Inc legitimate?

North Central Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Central 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ncelec.org

What is the mission statement of North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc is dedicated to supplying electricity and related services to its member-owners. The cooperative prioritizes delivering highly reliable electric service, superior customer service, and innovative energy solutions at competitive prices. By consistently meeting these standards, North Central Electric Cooperative Inc aims to build trust and strong relationships with its members. The cooperative's commitment extends beyond electricity, as it continuously explores new ways to enhance the energy experience for its community. With a focus on providing value and exceptional service, North Central Electric Cooperative Inc strives to be a trusted partner in the energy needs of its member-owners.


Official website here: www.ncelec.org

Who is the CEO of North Central Electric Cooperative Inc?

Edward Vanhoose is the Secretary of North Central Electric Cooperative Inc. The CEO's salary of North Central Electric Cooperative Inc is $121,642 and their total compensation is $132,163.


Official website here: www.ncelec.org

What is the revenue of North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc's revenue in 2022 was $30,230,060.


Official website here: www.ncelec.org

Who are the executives of North Central Electric Cooperative Inc and what are their salaries?

There are 41 employees at North Central Electric Cooperative Inc.


Here are 16 key members and their salaries (North Central Electric Cooperative Inc's CEO's salary is $121,642 and their total compensation is $132,163):


Kevin Bishop (Secretary)
  • Compensation: $11,375
  • Related: $0
  • Other: $0
Andrew Brose (Director)
  • Compensation: $4,600
  • Related: $0
  • Other: $0
Ronald Frisch (Director)
  • Compensation: $8,450
  • Related: $0
  • Other: $0
David Green (Director)
  • Compensation: $7,250
  • Related: $0
  • Other: $0
Michael Scherger (Vice Chair)
  • Compensation: $11,150
  • Related: $0
  • Other: $0
Dennis Schindler (Director)
  • Compensation: $11,825
  • Related: $0
  • Other: $0
Steven Seitz (Treasurer)
  • Compensation: $11,336
  • Related: $0
  • Other: $0
Rodney Snavely (Chair)
  • Compensation: $16,275
  • Related: $0
  • Other: $0
Nicholas Wagner (Director)
  • Compensation: $13,925
  • Related: $0
  • Other: $0
Edward Vanhoose (President/Ceo)
  • Compensation: $121,642
  • Related: $0
  • Other: $10,521
Brad Warnement (Chief Operating Officer)
  • Compensation: $69,598
  • Related: $0
  • Other: $11,139
Brian Miller (Lineman)
  • Compensation: $109,701
  • Related: $0
  • Other: $21,624
Patrick Pifher (Engineering Services Manager)
  • Compensation: $106,086
  • Related: $0
  • Other: $22,903
Daniel Reer (Lineman)
  • Compensation: $104,870
  • Related: $0
  • Other: $3,903
Randall Phillips (Operations Manager)
  • Compensation: $104,544
  • Related: $0
  • Other: $15,641
Curt Reiter (Lineman)
  • Compensation: $102,090
  • Related: $0
  • Other: $8,977


Official website here: www.ncelec.org

Where can I find the form 990 for North Central Electric Cooperative Inc?

North Central Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ncelec.org

Learn more at the official website: www.ncelec.org

Mission Statement of North Central Electric Cooperative Inc

North Central Electric Cooperative Inc, a mission-driven organization, is dedicated to providing electricity and related services to its member-owners. The cooperative goes beyond just supplying power; it aims to deliver highly reliable electric service, superior customer service, and innovative energy solutions at competitive prices.

By prioritizing reliable electric service, North Central Electric Cooperative Inc ensures that its members have consistent access to power, minimizing disruptions and promoting a stable living environment. The cooperative's commitment to customer service sets it apart, with a team that listens to members' needs and responds with care and professionalism.

Moreover, North Central Electric Cooperative Inc is a pioneer in energy solutions, staying updated with the latest technological advancements to offer its members cutting-edge options that save them money and reduce their carbon footprint. This commitment to innovation underscores the cooperative's dedication to its members and the community, as it continually seeks ways to improve the electric experience.

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Impact




October, 2024

North Central Electric Cooperative Inc plays a significant role in the community by ensuring reliable access to electricity for its members in Attica, Ohio. By providing essential electrical services, it supports local households and businesses, contributing to the overall economic stability and growth of the area. The cooperative focuses on delivering highly reliable electric service, which enhances the quality of life for its members.

Furthermore, North Central Electric Cooperative emphasizes superior customer service, fostering strong relationships with its member-owners. By prioritizing innovative energy solutions at competitive prices, it helps promote sustainability and responsible energy usage within the community. Overall, its commitment to reliability, customer satisfaction, and community engagement creates a positive impact on the lives of those it serves.




This information is meant to be a general summary of North Central 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.

Revenue
$30,230,060 (2022)
Expenses
$28,163,765 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36,264
  • Program Service Revenue: $30,208,960
  • Gross Receipts: $30,230,060

Assets and Liabilities:

  • Total Assets: $77,695,772
  • Total Liabilities: $43,351,969
  • Net Assets: $34,343,803

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL SALES

Revenue

$18,962,794

COMMERCIAL SALES - LARGE

Revenue

$5,399,988

COMMERCIAL SALES- SMALL

Revenue

$3,842,860

PATRONAGE CAPITAL CREDITS

Revenue

$951,259

PUBLIC REVENUES

Revenue

$708,419

Organization Details

Founding Year

1936

Principal Officer

Edward Vanhoose

Main Address

350 STUMP PIKE ROAD, ATTICA, OH, 44807

NTEE Category

Code: W80 - Public benefit

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