Firelands Electric Cooperative Inc

NEW LONDON, OH EIN: 34-4232845 Website

RURAL DISTRIBUTION OF ELECTRIC ENERGY AND RELATED SERVICE

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$56.3M

+5.6% YoY

Annual Giving

$21K

+24.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$21K

+24.6% YoY

About Firelands Electric Cooperative Inc

Based on IRS filings

Firelands Electric Cooperative Inc is a nonprofit organization, based in NEW LONDON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $56.3M in total assets. In 2024, it awarded 1 grants totaling $21K. Net investment income was $89K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $85K (100%)

States

Ohio

Cities

New London

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$56,308,406	$53,316,449	$51,498,648
Revenue	$25,122,041	$23,566,525	$22,829,839
Expenses	$23,424,612	$21,505,392	$21,558,493
Qualifying Distributions	—	—	—
Net Investment Income	$88,586	$85,845	$36,118
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Open Grants

3 open opportunities from Firelands Electric Cooperative Inc

Foundation

Career Scholarship (High School)

FIRELANDS ELECTRIC COOPERATIVE INC

Amount

Varies

Deadline

December 31, 2027

Annual

Foundation

Career Scholarship (Pre-June 2024 Graduate)

FIRELANDS ELECTRIC COOPERATIVE INC

Amount

Varies

Deadline

December 31, 2027

Annual

Foundation

College Scholarship

FIRELANDS ELECTRIC COOPERATIVE INC

Amount

$10,000

Deadline

January 23, 2027

Annual

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Firelands Electric People Fund Inc ($21,180).

Recipient	Purpose	Amount
FIRELANDS ELECTRIC PEOPLE FUND INC NEW LONDON, OH	TO HELP NEEDY	$21,180

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DANIEL MCNAULL	GENL MGR, TR	45	$166,669
DONALD ENGLET	GENERAL MANA	45	$153,061
TABITHA SHEPHERD	DIR FIN&ACCT	45	$143,037
DANIEL SCHLOEMER	BD PRESIDENT	2.5	$7,450
BRUCE LEIMBACH	BD V-PRESIDE	2.5	$6,100
CARL AYERS	BD SEC/TREAS	2.2	$4,950
THOMAS LUCHA	TRUSTEE	3.7	$7,050
GENE LAMOREAUX	TRUSTEE	2.7	$1,400
JOHN MARTIN	TRUSTEE	1.4	$1,050
ROBERT TURK	TRUSTEE	3	$1,400
JOSEPH WILLIAMS	TRUSTEE	3.4	$4,900
GREG HESS	TRUSTEE	4.2	$5,300
BRIAN CUCCO	TRUSTEE	1.4	$4,150
RICHARD REIDY	TRUSTEE	1.4	$4,800
ELAINE OSWALD	TRUSTEE	2.9	$6,425
RICHARD C BOWERS	LEAD LINEMAN	40	$132,657
ZACHARY COLLINS	LINE SUPERIN	40	$132,893
PHILIP PICKERING	LEAD LINEMAN	40	$129,034
ROBERT SWIGER	ENGINEERING	40	$130,170

Frequently Asked Questions

How large is Firelands Electric Cooperative Inc?

As of 2024, Firelands Electric Cooperative Inc holds $56.3M in total assets with $25.1M in annual revenue. It awarded 1 grants totaling $21K in 2024.

Where does Firelands Electric Cooperative Inc operate?

Firelands Electric Cooperative Inc has awarded grants in Ohio.

What size grants does Firelands Electric Cooperative Inc award?

In 2024, Firelands Electric Cooperative Inc awarded 1 grants totaling $21K — an average of about $21K per grant, based on its IRS Form 990 filings.

What is Firelands Electric Cooperative Inc's EIN?

Firelands Electric Cooperative Inc's EIN (Employer Identification Number) is 34-4232845. IRS Form 990 filing data is available on this page for 2020–2024.