North Western Electric Cooperative Inc

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

EIN: 344317160 ✦ Bryan, OH ✦ Designated as a 501(c)(12)

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Overview

What is North Western Electric Cooperative Inc?

North Western Electric Cooperative Inc is a nonprofit organization based in Bryan, Ohio, with an approximate workforce of 20 employees. Their mission revolves around providing electricity to around 6,051 rural member customers. The cooperative maintains over 1,070 miles of overhead and underground distribution lines to ensure consistent power supply. Essentially, they focus on delivering essential electric services to the community.


Official website here: www.nwec.com

Is North Western Electric Cooperative Inc legitimate?

North Western Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Western 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: $866,726

For more financial information, click here


Official website here: www.nwec.com

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

North Western Electric Cooperative Inc is dedicated to delivering electricity to roughly 6,051 rural residents. Their primary goal is to ensure a consistent power supply to these members. The organization is engaged in the distribution of electrical energy and the upkeep of over a thousand miles of overhead and underground power lines. They aim to bring the convenience and necessity of electricity to their rural clientele, enhancing their overall quality of life. The cooperative takes pride in its role as a reliable energy provider and is committed to maintaining a robust and efficient electrical infrastructure. Additionally, they strive to provide exceptional customer service, addressing any concerns and inquiries in a prompt and professional manner.


Official website here: www.nwec.com

Who is the CEO of North Western Electric Cooperative Inc?

Darin Thorp is the President of North Western Electric Cooperative Inc.


Official website here: www.nwec.com

What is the revenue of North Western Electric Cooperative Inc?

North Western Electric Cooperative Inc's revenue in 2022 was $17,903,212.


Official website here: www.nwec.com

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

The average compensation at North Western Electric Cooperative Inc during 2022 was $43,336. There are 20 employees at North Western Electric Cooperative Inc.


Here are 10 key members and their salaries:


Darin Thorp (President)
  • Compensation: $221,974
  • Related: $0
  • Other: $75,054
Andrew Overman (Chief Financ)
  • Compensation: $119,290
  • Related: $0
  • Other: $61,067
Kim Shoup (Vice-Chairma)
  • Compensation: $11,900
  • Related: $0
  • Other: $15
Ryan Wehri (Vice Chairma)
  • Compensation: $11,438
  • Related: $0
  • Other: $15
Chris Oberlin (Chairman)
  • Compensation: $11,275
  • Related: $0
  • Other: $15
Mitch Headley (Secretary)
  • Compensation: $11,200
  • Related: $0
  • Other: $15
Richard Polter (Trustee)
  • Compensation: $7,600
  • Related: $0
  • Other: $5
Keith Stark (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $8
Jordan Ruffer (Trustee)
  • Compensation: $4,400
  • Related: $0
  • Other: $15
Andrew Farnham (Trustee)
  • Compensation: $2,650
  • Related: $0
  • Other: $5


Official website here: www.nwec.com

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

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


Official website here: www.nwec.com

Learn more at the official website: www.nwec.com

Mission Statement of North Western Electric Cooperative Inc

North Western Electric Cooperative Inc, a notable entity in the rural electric sector, is dedicated to providing electricity to approximately 6,051 member customers. The Cooperative's primary mission revolves around the distribution of electrical energy to these consumers and the upkeep of over 1,070 miles of overhead and underground distribution lines.

In simple terms, North Western Electric Cooperative Inc serves as a vital lifeline for its rural clientele, ensuring they have access to essential electrical power for their daily needs. The Cooperative's commitment to its members transcends the mere distribution of electricity; it actively maintains the infrastructure required to deliver this vital resource. This includes the regular upkeep of over a thousand miles of power lines, ensuring the reliability and safety of the electricity supply.

The Cooperative's mission is driven by its unwavering dedication to its members. By providing electricity to approximately 6,051 households and businesses, it plays a significant role in improving the quality of life for these communities. The Cooperative's work goes beyond just connecting power lines; it is about empowering its members with the reliable and consistent electricity they need to thrive. Whether it's powering a family's home or enabling a business to operate, North Western Electric Cooperative Inc is an essential partner in the daily lives of its rural members.

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Impact




October, 2024

North Western Electric Cooperative Inc plays a crucial role in delivering electricity to approximately 6,051 rural member customers in the Bryan, Ohio area. By providing reliable electrical energy, the cooperative supports the daily lives and economic activities of its members, ensuring they have access to essential services.

The organization's operations involve the maintenance of over 1,070 miles of overhead and underground distribution lines, which not only facilitates energy distribution but also contributes to the local infrastructure. This extensive network enhances the quality of life for residents by enabling modern conveniences, boosting local businesses, and promoting community development.

In addition to providing electricity, North Western Electric Cooperative Inc fosters a sense of community among its members, encouraging participation in cooperative initiatives and programs. This engagement helps to address the specific needs and concerns of rural customers, making the cooperative a vital part of the local landscape. Overall, the cooperative's impact extends beyond mere electricity provision; it enhances community resilience, supports economic growth, and promotes public benefit in rural areas.




This information is meant to be a general summary of North Western 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
$17,903,212 (2022)
Expenses
$17,903,212 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $650,960
  • Program Service Revenue: $17,107,242
  • Gross Receipts: $17,926,064

Assets and Liabilities:

  • Total Assets: $42,606,185
  • Total Liabilities: $23,037,251
  • Net Assets: $19,568,934

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Programs

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

ELECTRIC SALES TO MEMBERS

Revenue

$17,095,080

METER READ & RECONNECT FEES

Revenue

$12,162

Organization Details

Founding Year

1936

Principal Officer

Darin Thorp

Main Address

4125 STATE ROUTE 576, BRYAN, OH, 43506

NTEE Category

Code: W80 - Public benefit

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