2025-06-26T09:15:51-05:00 2024-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2024-01-01 340365430 LORAIN-MEDINA RURAL ELECTRIC COOPERATIVE INC LORA 4406472133 1 COOPERATIVE WAY SPENCER OH 44275 EDWARD VANHOOSE PRESIDENT/CEO 4406472133 2025-06-12 1 0 BRIAN D CHERRY P01355823 3176344747 2024 2025-03-06 01:10:19Z EDWARD VANHOOSE 1 COOPERATIVE WAY SPENCER OH 44275 50615188 0 X LMRE.ORG X 1936 OH TO PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 9 9 49 0 0 0 0 0 47563773 48995883 648151 293006 1366489 1326299 49578413 50615188 0 0 2059543 2529957 1249244 1292540 0 0 0 38342483 39865793 41651270 43688290 7927143 6926898 113241930 122929686 42166930 47393693 71075000 75535993 TO PROVIDE OUR MEMBER-OWNERS WITH HIGHLY RELIABLE ELECTRIC SERVICE, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES. 0 0 43688290 48995883 PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 43688290 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 52 0 49 1 0 0 0 0 0 0 0 48995883 1619305 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 OH X X JOSHUA LONG 4406472133 1 COOPERATIVE WAY SPENCER OH 44275 RODNEY EATON CHAIR 5.16 X X 17000 0 0 GARY ROWLAND VICE CHAIR 6.29 X X 17100 0 0 KEITH LOWE TREASURER 2.66 X X 9800 0 0 BRENDA WOLFE SECRETARY 3.67 X X 10800 0 0 JAMES MCCONNELL DIRECTOR 0.94 X 3825 0 0 JUDY PICKWORTH DIRECTOR 5.37 X 15300 0 0 JOSEPH SWINKO DIRECTOR 5.38 X 12325 0 0 RICHARD DUMPERTH DIRECTOR 3.06 X 7975 0 0 KENNETH DIEDRICK DIRECTOR 3.32 X 11900 0 0 BRADY MCCANN DIRECTOR 0.88 X 4125 0 0 EDWARD VANHOOSE PRESIDENT/CEO 50.00 X 229069 0 81356 BRAD WARNEMENT CHIEF OPERATING OFFICER 40.00 X 113055 0 110217 JOSHUA LONG CHIEF FINANCIAL OFFICER 40.00 X 95617 0 16818 ANDREW RUFFING CHIEF ADMINISTRATIVE OFFIC 40.00 X 79846 0 25685 JUSTIS CLIFFORD CHIEF STRATEGY OFFICER 40.00 X 78806 0 25542 JAMES BRASEE OPERATIONS MANAGER 40.00 X 119604 0 121926 MICHAEL KELSEY LINEMAN 45.96 X 119314 0 40808 NICHOLAS SMITH LINEMAN 46.60 X 117193 0 36891 JOEL MILLER LINEMAN 44.61 X 115550 0 21716 COLLEEN ANTHONY ACCOUNTING MANAGER 40.00 X 114336 0 87859 1292540 0 568818 13 0 1 0 PLEASANT VALLEY CORPORATION 1093 MEDINA RD MEDINA OH 44256 NEW HEADQUARTERS GC 11540967 FRANKART POWER LINE SERVICES 1650 S TOWNSHIP RD TIFFIN OH 44883 POLE REPLACEMENT 1486684 KILEY'S TREE & BUCKET TRUCK SERVICES LL 213 MONTROSE WAY WELLINGTON OH 44090 TREE TRIMMING 659090 BUCKEYE BORING & EXCAVATION 5688 STATE HIGHWAY 231 SYCAMORE OH 44882 BORING SERVICES 603019 ALPHA ENGINEERING OF INDIANA INC 77600 W NEW YORK STREET INDIANAPOLIS IN 46214 SUBSTATION ENGINEERING 182285 5 RESIDENTIAL SALES 221000 36685719 36685719 COMMERCIAL SALES - LARGE 221000 4955801 4955801 COMMERCIAL SALES - SMALL 221000 4801037 4801037 PUBLIC REVENUES 221000 1454242 1454242 OTHER ELECTRIC REVENUES 221000 1099084 1099084 48995883 293006 293006 G & T CO-OP CAPITAL CREDITS 900099 663977 663977 OTHER CAPITAL CREDITS & PATRONAGE 900099 198514 198514 MISC REVNEUE/EXPENSE 221000 125738 125738 338070 338070 1326299 50615188 49984112 0 631076 2529957 2529957 1292540 1292540 36019 36019 17961 17961 79488 79488 199919 199919 1146088 1146088 3881730 3881730 PURCHASED POWER 26977296 26977296 OPERATIONS EXPENSE 3024720 3024720 GENERAL AND ADMINISTRAT 1936909 1936909 STATE EXCISE TAX 1396208 1396208 1169455 1169455 43688290 43688290 0 0 6295064 1411771 4609997 465578 5595608 7324724 26590 9064 1572118 1396554 215106 226128 131837167 40964169 74647956 90872998 20279491 21222869 113241930 122929686 5891098 7467669 32846893 37248822 3428939 2677202 42166930 47393693 X 268185 268185 0 0 70806815 75267808 71075000 75535993 113241930 122929686 X 6926898 -2465905 X X 0 1 X 1 0 223079 223079 19608836 2247717 17361119 112005252 38716452 73288800 90872998 PATRONAGE CAPITAL FROM ASSOCIATED C 17331072 C INVESTMENTS TO CAPITAL CERTIFICATES 766931 C OTHER INVESTMENTS IN ASSOC ORG - BU 1099267 C OTHER INVESTMENTS IN ASSOC ORG - CF 1000 C CADP MBSHP 25 C INVESTMENT IN LMRDC 1050 C INVESTMENT IN FESCO 1000 C INVESTMENT IN HEARTLAND LLC 234434 C MEMBERSHIP IN NRTC 1000 C INVESTMENT IN COBANK 1100 C INVESTMENT IN LORCO - ADMIN, RENT, 5578 C INVESTMENT IN SULLIVAN TWP - WASTEW 8643 C INVESTMENT IN ECONOMIC DEVELOPMENT 840 C ECONOMIC DEVELOPMENT INVESTMENT - L 1770929 C 21222869 ACC PROV FOR PENSIONS & BENEFITS -117346 EMPLOYER FUNDED HRA FOR RETIREES 925041 CUSTOMER DEPOSITS 485273 DEFERRED CAPITAL CREDIT RETIREMENT 358101 ACC EMPLOYEES LEAVE - VAC & SICK 911176 OTHER DEFERRED CREDITS - CUST ENERGY PREPAY 114957 2677202 50615188 0 50615188 0 50615188 43688290 0 43688290 0 43688290 X X 0 0 0 EDWARD VANHOOSE PRESIDENT/CEO 229069 0 0 0 0 0 65258 0 16098 0 310425 0 0 0 JAMES BRASEE OPERATIONS MANAGER 119604 0 0 0 0 0 95231 0 26695 0 241530 0 0 0 BRAD WARNEMENT CHIEF OPERATING OFFICER 113055 0 0 0 0 0 94119 0 16098 0 223272 0 0 0 COLLEEN ANTHONY ACCOUNTING MANAGER 114336 0 0 0 0 0 61164 0 26695 0 202195 0 0 0 MICHAEL KELSEY LINEMAN 119314 0 0 0 0 0 14113 0 26695 0 160122 0 0 0 NICHOLAS SMITH LINEMAN 117193 0 0 0 0 0 10196 0 26695 0 154084 0 0 0 GARY ROWLAND SEE BELOW 26977296 SEE BELOW 0 RODNEY EATON SEE BELOW 189015 SEE BELOW 0 SCHEDULE L, PART IV, LINE 1 MR. ROWLAND IS BOTH A DIRECTOR FOR BUCKEYE POWER AND A DIRECTOR FOR THE COOPERATIVE. LORAIN-MEDINA ELECTRIC COOPERATIVE HAS AN AGREEMENT TO PURCHASE POWER FROM BUCKEYE POWER. SCHEDULE L, PART IV, LINE 2 MR. EATON IS BOTH A DIRECTOR FOR THE COOPERATIVE AND A DIRECTOR FOR THE STATEWIDE ORGANIZATION, OHIO RURAL ELECTRIC COOPERATIVE. THE COOPERATIVE PAYS ANNUAL DUES FOR TRAINING AND OTHER SERVICES PROVIDED BY THE STATEWIDE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE COOPERATIVE EACH HAVE A VOTE AT THE ANNUAL MEETING TO ELECT DIRECTORS AND VOTE ON PROPOSED CHANGES TO THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE EXAMINATION AND DISCUSSION OF EACH YEAR'S FORM 990 IS PLACED ON THE AGENDA OF THE REGULAR BOARD MEETING. THE 990 IS THOROUGHLY REVIEWED. NECESSARY CHANGES, IF ANY, ARE APPROVED BY MANAGEMENT AND COMMUNICATED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED ANNUALLY TO DISCLOSE ALL INTEREST THAT COULD GIVE RISE TO CONFLICT. EACH DIRECTOR COMPLETES AND SIGNS A QUESTIONNAIRE ADDRESSING CONFLICTS OF INTEREST AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEE COMPENSATION LEVELS ARE REVIEWED ANNUALLY USING INDUSTRY SURVEY DATA. FORM 990, PART VI, SECTION C, LINE 18 RECORDS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING. THIS INFORMATION IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PATRONAGE RETIREMENTS -2,424,971. UNRECOGNIZED POSTRETIREMENT BENEFIT COST -41,804. CHANGE IN MEMBERSHIPS 870. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS IN REGARDS TO SELECTION AND OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. FEDERATED ENERGY SERVICES COOPERATIVE INC PO BOX 475 ATTICA OH 44807 341851918 SERVICE MANAGEMENT OH C 0.50000 0 LORAIN-MEDINA RURAL DEVELOPMENT CORP INC PO BOX 158 WELLINGTON OH 44090 311550068 ECONOMIC DEVELOPMENT OH LORIAN-MEDINA RURAL ELECTRIC COOPERATIVE C -6758 2106377 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 FEDERATED ENERGY SERVICES COOPERATIVE INC O 988868 SEE SUPPLEMENTAL EXPLANATION