Paulding Putnam Electric Co-Op Inc

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

EIN: 344325955 ✦ Paulding, OH ✦ Designated as a 501(c)(12)

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Overview

What is Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc is a nonprofit organization situated in Paulding, Ohio. With a team of 49 dedicated employees, they focus on distributing electrical energy to approximately 13,490 consumers and maintaining roughly 1,707 miles of overhead and underground distribution lines. Their primary mission is to ensure the safe, reliable, and affordable delivery of electricity to their members and consumers.


Official website here: www.ppec.coop

What are the reviews and ratings of this charity?

Paulding Putnam Electric Co-Op Inc is not currently rated by Charity Navigator. The organization does not fall under the 501(c)(3) IRS classification, which limits its eligibility for a standard rating. Charity Navigator's methodology primarily applies to registered for non-profits in this category, hence their system cannot evaluate this cooperative.

The absence of a Charity Navigator rating does not imply any judgment, positive or negative, regarding the cooperative's operations and impact. The organization's independent status outside the 501(c)(3) framework means traditional financial and accountability metrics used by Charity Navigator to assess nonprofit organizations are unavailable. Consequently, data on revenue, expenses, and salaries of key individuals are not accessible.

No user reviews are available from GreatNonprofits for Paulding Putnam Electric Co-Op Inc. As such, there is no additional feedback from the community or insights into the cooperative's strengths, weaknesses, or community impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Paulding Putnam Electric Co-Op Inc?

94% of 24 reviewers on Facebook recommend Paulding Putnam Electric Co-Op Inc. Here is a summary of their reviews:

Many long-time customers express satisfaction with the company's pricing and service quality, indicating a strong sense of loyalty to the cooperative. One reviewer highlighted their 40-year relationship with Paulding Putnam, reminiscing about the good service they received and contrasting it with their current provider, which they found to be costly and lacking in personal customer support.

Overall, the sentiment reflects a positive view of Paulding Putnam Electric Co-Op Inc., with users appreciating the reliability and community-focused service they have experienced. This sense of connection is a significant factor in their recommendation of the organization.


This AI summary has been generated from reviews found on Facebook.

Is Paulding Putnam Electric Co-Op Inc legitimate?

Paulding Putnam Electric Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Paulding Putnam Electric Co-Op 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: $165,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,074,602

For more financial information, click here


Official website here: www.ppec.coop

What is the mission statement of Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc focuses on distributing electricity safely, reliably, and affordably to its members and consumers. This Ohio-based organization is committed to ensuring a consistent power supply, promoting electrical safety, and keeping energy costs reasonable. With approximately 13,490 consumers and 13,841 service points, the cooperative manages an extensive network of approximately 1,707 miles of overhead and underground distribution lines. The primary goal is to deliver power efficiently and effectively, enhancing the quality of life for the community it serves.


Official website here: www.ppec.coop

Who is the CEO of Paulding Putnam Electric Co-Op Inc?

Randy Price is the Ceo of Paulding Putnam Electric Co-Op Inc. The CEO's salary of Paulding Putnam Electric Co-Op Inc is $0 and their total compensation is $0.


Official website here: www.ppec.coop

What is the revenue of Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc's revenue in 2022 was $47,973,353.


Official website here: www.ppec.coop

Who are the executives of Paulding Putnam Electric Co-Op Inc and what are their salaries?

The average compensation at Paulding Putnam Electric Co-Op Inc during 2022 was $45,711. There are 49 employees at Paulding Putnam Electric Co-Op Inc.


Here are 17 key members and their salaries (Paulding Putnam Electric Co-Op Inc's CEO's salary is $0 and their total compensation is $0):


George Carter (Ceo)
  • Compensation: $286,171
  • Related: $0
  • Other: $93,302
Steven Kahle (Engineering)
  • Compensation: $163,635
  • Related: $0
  • Other: $0
Heather Hunt (Hr Manager)
  • Compensation: $133,577
  • Related: $0
  • Other: $0
Timothy Bowley (Operations M)
  • Compensation: $132,451
  • Related: $0
  • Other: $0
Doug Johanns (Senior Staki)
  • Compensation: $121,240
  • Related: $0
  • Other: $0
Rob Weisenburger (System Engin)
  • Compensation: $117,178
  • Related: $0
  • Other: $0
John M Saxton (Trustee)
  • Compensation: $19,978
  • Related: $0
  • Other: $0
Timothy A Derck (Trustee)
  • Compensation: $18,840
  • Related: $0
  • Other: $0
Joseph Kohnen (Vice-Chairma)
  • Compensation: $17,955
  • Related: $0
  • Other: $0
Adam Schnipke (Trustee)
  • Compensation: $16,825
  • Related: $0
  • Other: $0
Steven Mcmichael (Chairman)
  • Compensation: $16,660
  • Related: $0
  • Other: $0
Ronald Black (Secretary/Tr)
  • Compensation: $16,493
  • Related: $0
  • Other: $0
Ken W Niese (Trustee)
  • Compensation: $16,388
  • Related: $0
  • Other: $0
William Dowler (Trustee)
  • Compensation: $12,800
  • Related: $0
  • Other: $0
Bill Beckman (Trustee)
  • Compensation: $11,250
  • Related: $0
  • Other: $0
Jay Dangler (Trustee)
  • Compensation: $1,950
  • Related: $0
  • Other: $0
Randy Price (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ppec.coop

Where can I find the form 990 for Paulding Putnam Electric Co-Op Inc?

Paulding Putnam Electric Co-Op Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ppec.coop

Learn more at the official website: www.ppec.coop

Mission Statement of Paulding Putnam Electric Co-Op Inc

Paulding Putnam Electric Co-Op Inc, a notable electricity distributor, strives to ensure the safe, reliable, and affordable delivery of electrical energy to its 13,490 consumers, catering to 13,841 service points. The cooperative manages approximately 1,707 miles of overhead and underground distribution lines to make this vision a reality.

By focusing on safety, Paulding Putnam Electric Co-Op Inc prioritizes the well-being of its members and the communities it serves. Reliability is another cornerstone of the cooperative's mission, ensuring a constant power supply and minimizing disruptions. Affordability is also at the forefront of the cooperative's efforts, making electricity accessible to its members while maintaining a reasonable cost.

In addition to the distribution of electrical energy, Paulding Putnam Electric Co-Op Inc is committed to maintaining the infrastructure necessary to support its mission. The cooperative takes pride in its responsibility to deliver essential electricity services to its members, reinforcing the importance of a stable power grid and uninterrupted access to electricity. By consistently upholding the principles of safety, reliability, and affordability, Paulding Putnam Electric Co-Op Inc has become a trusted partner for its members, providing them with the power they need to power their homes and businesses.

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Impact




October, 2024

Paulding Putnam Electric Co-Op Inc significantly impacts its community by ensuring the safe, reliable, and affordable distribution of electricity to its members. Serving 13,490 consumers at 13,841 service points, the cooperative maintains approximately 1,707 miles of overhead and underground distribution lines. This extensive network not only provides essential energy services but also supports local businesses and enhances the quality of life for residents in Paulding, Ohio. By prioritizing safety and reliability, the cooperative fosters trust and security in the region’s energy infrastructure, contributing to the economic stability and growth of the community.




This information is meant to be a general summary of Paulding Putnam Electric Co-Op 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
$47,973,353 (2022)
Expenses
$47,973,353 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,749,961
  • Program Service Revenue: $45,965,082
  • Gross Receipts: $47,973,353

Assets and Liabilities:

  • Total Assets: $120,578,805
  • Total Liabilities: $46,084,822
  • Net Assets: $74,493,983

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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

$45,741,340

METER READ & RECONNECT FEES

Revenue

$223,742

Organization Details

Founding Year

1936

Principal Officer

Randy Price

Main Address

401 MCDONALD PIKE, PAULDING, OH, 45879

NTEE Category

Code: W80 - Public benefit

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