Nonprofit · EIN 31-4329510
UNION RURAL ELECTRIC CO-OP INC
Tax-exempt · MARYSVILLE, OH 43040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $65,687,173 | $65,687,910 | -$737 | $120,545,250 | $60,657,573 | $59,887,677 |
| December 31, 2023 | 990 | $66,933,265 | $63,489,901 | $3,443,364 | $115,149,437 | $55,834,802 | $59,314,635 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $64,270,838
- Investment income
- $61,978
- Net gain from sales of assets
- $36,150
- Net income from sales of inventory
- -$710
- Other revenue
- $1,354,357
Expenses
- Grants and similar amounts paid
- $106,283
- Benefits paid to members
- $3,248,668
- Compensation of officers, directors and key employees
- $813,797
- Salaries, compensation and benefits (total)
- $813,797
- Professional fundraising fees
- $0
- Depreciation
- $3,489,654
- Program services (functional)
- $65,687,910
Balance sheet and other
- Total assets, start of year
- $115,149,437
- Total assets, end of year
- $120,545,250
- Total liabilities, end of year
- $60,657,573
- Net assets, end of year
- $59,887,677
- Land, buildings and equipment
- $79,525,229
- Gross receipts
- $65,703,836
- Employees
- 52
- Volunteers
- 0
- Year formed
- 1936
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Anthony P Smith | President/CEO Officer | 45 | $280,745 | $111,114 |
| David G Speicher | VP Finance/CFO Officer | 45 | $186,042 | $130,176 |
| Michael C Aquillo | CXO Highest-paid employee | 40 | $169,979 | $101,600 |
| Matthew J Zarnosky | COO Highest-paid employee | 45 | $186,268 | $82,136 |
| Sean T Luellen | Crew Leader Highest-paid employee | 44.89 | $135,769 | $63,990 |
| Steve Lentz | Director of Information Technology Highest-paid employee | 45 | $132,170 | $66,783 |
| Benjamin A Hoyer | Crew Leader Highest-paid employee | 45.81 | $132,184 | $53,578 |
| David Thornton | Trustee Trustee or director, Former | 3.11 | $21,070 | $0 |
| Steve Patton | Trustee, Chairman Trustee or director, Officer | 3.13 | $13,275 | $0 |
| Dale Scheiderer | Trustee, Treasurer Trustee or director, Officer | 3.28 | $12,975 | $0 |
| Dan Westlake | Trustee, Vice Chairman Trustee or director, Officer | 2.67 | $12,975 | $0 |
| Jeffrey Reinhard | Trustee Trustee or director, Officer | 3.27 | $12,675 | $0 |
| Mark Lotcyz | Trustee Trustee or director | 2.72 | $12,625 | $0 |
| Jeffrey Wilson | Trustee, Secretary Trustee or director | 2.76 | $0 | $12,600 |
| Clifford Collins | Trustee Trustee or director | 5.29 | $7,525 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Anthony P Smith | President/CEO Officer | 45 | $247,982 | $196,191 |
| David G Speicher | VP Finance/CFO Officer | 45 | $176,258 | $112,565 |
| Michael C Aquillo | CXO Highest-paid employee | 40 | $171,503 | $85,447 |
| Matthew J Zarnosky | COO Highest-paid employee | 45 | $172,706 | $75,083 |
| Sean T Luellen | Crew Leader Highest-paid employee | 46 | $134,599 | $60,269 |
| Benjamin A Hoyer | Crew Leader Highest-paid employee | 49.69 | $129,047 | $52,476 |
| Steve Lentz | Director of Information Technology Highest-paid employee | 45 | $134,063 | $44,682 |
| William D'Onofrio | Former Trustee Former | 0 | $50,393 | $0 |
| Dale Scheiderer | Trustee, Treasurer Trustee or director, Officer | 3.05 | $12,975 | $0 |
| Steve Patton | Trustee, Chairman Trustee or director, Officer | 2.81 | $12,975 | $0 |
| Jeffrey Reinhard | Trustee, Secretary Trustee or director, Officer | 3.11 | $12,975 | $0 |
| David Thornton | Trustee Trustee or director | 2.9 | $12,675 | $0 |
| Mark Lotcyz | Trustee Trustee or director | 3.36 | $12,650 | $0 |
| Dan Westlake | Trustee, Vice Chairman Trustee or director, Officer | 2.18 | $12,375 | $0 |
| Jeffrey Wilson | Trustee Trustee or director | 2.52 | $0 | $12,300 |
Address and contacts
- Address (IRS master file)
- 15461 US HIGHWAY 36, MARYSVILLE, OH 43040-7621
- In care of
- % DAVID G SPEICHER
- Principal officer (990 for 2024)
- Anthony P Smith, 15461 US Highway 36, Marysville, OH 43040
- Signed the 990
- Daniel Meister, CFO
- Phone
- (937) 642-1826
- Website
- ure.com
Mission
Our mission is to make a difference in our community by delivering safe and reliable energy to our members at fair prices.
Program accomplishments
- The cooperative distributes electricity and natural gas to its member/owners and also constructs and mantains facilities to carry out this purpose. Served approximately 12,000 members in the reporting year.Expenses $65,687,910
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-4329510
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1937
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $120,545,250
- Income (IRS master file)
- $65,703,836
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $65,687,173 | $65,687,910 | $120,545,250 | XML |
| 990 | December 2023 | $66,933,265 | $63,489,901 | $115,149,437 | XML |
| 990 | December 2022 | $63,176,541 | $63,239,404 | $111,821,827 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-4329510).
Questions about UNION RURAL ELECTRIC CO-OP INC
- What is the EIN of UNION RURAL ELECTRIC CO-OP INC?
- The employer identification number (EIN) of UNION RURAL ELECTRIC CO-OP INC is 31-4329510.
- Is UNION RURAL ELECTRIC CO-OP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
- Are donations to UNION RURAL ELECTRIC CO-OP INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does UNION RURAL ELECTRIC CO-OP INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNION RURAL ELECTRIC CO-OP INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNION RURAL ELECTRIC CO-OP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of UNION RURAL ELECTRIC CO-OP INC?
- The 990 for the year ended December 31, 2024 names Anthony P Smith.
- Who are the officers and directors of UNION RURAL ELECTRIC CO-OP INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 14 received compensation from the organization, the highest $280,745 (Anthony P Smith, President/CEO).
- How much revenue does UNION RURAL ELECTRIC CO-OP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $65,687,173, expenses of $65,687,910 and total assets of $120,545,250 at year end.
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