Union Rural Electric Co-op Inc

MARYSVILLE, OH EIN: 31-4329510 Website

Our mission is to make a difference in our community by delivering safe and reliable energy to our members at fair prices.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$120.5M

+4.7% YoY

Annual Giving

$98K

+0.0% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$20K

+20.1% YoY

About Union Rural Electric Co-op Inc

Based on IRS filings

Union Rural Electric Co-op Inc is a nonprofit organization, based in MARYSVILLE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $120.5M in total assets. In 2024, it awarded 5 grants totaling $98K. Net investment income was $62K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $160K (100%)

States

Ohio

Cities

BellevueMarysvilleRichwood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$120,545,250	$115,149,437	$111,821,827
Revenue	$65,687,173	$66,933,265	$63,176,541
Expenses	$65,687,910	$63,489,901	$63,239,404
Qualifying Distributions	—	—	—
Net Investment Income	$61,978	$29,442	$24,446
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 5 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Miscellaneous under 5000 dollars ($47,915), Community Foundation of Union County Inc ($27,000), Union County Fair ($10,000).

Recipient	Purpose	Amount
Community Foundation of Union County Inc Marysville, OH	Contribution to youth scholarship fund housed at Community Foundation of Union County, Inc	$27,000
Union County Fair Marysville, OH	Capital campaign to build and improve buildings on the fairgrounds	$10,000
Union County Junior Fair care of Breeders World Bellevue, OH	Grand total of winning bids of livestock and other fair projects by children and youth	$7,300
Richwood Junior Fair Livestock care of Richwood Bank Richwood, OH	Grand total of winning bids of livestock and other fair projects by children and youth	$6,069
Miscellaneous under 5000 dollars	Misc Community Support	$47,915

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Anthony P Smith	President/CEO	45	$280,745
David G Speicher	VP Finance/CFO	45	$186,042
Michael C Aquillo	CXO	40	$169,979
Matthew J Zarnosky	COO	45	$186,268
Sean T Luellen	Crew Leader	44.89	$135,769
Steve Lentz	Director of Information Technology	45	$132,170
Benjamin A Hoyer	Crew Leader	45.81	$132,184
David Thornton	Trustee	3.11	$21,070
Steve Patton	Trustee, Chairman	3.13	$13,275
Dale Scheiderer	Trustee, Treasurer	3.28	$12,975
Dan Westlake	Trustee, Vice Chairman	2.67	$12,975
Jeffrey Reinhard	Trustee	3.27	$12,675
Mark Lotcyz	Trustee	2.72	$12,625
Jeffrey Wilson	Trustee, Secretary	2.76	—
Clifford Collins	Trustee	5.29	$7,525

Frequently Asked Questions

How large is Union Rural Electric Co-op Inc?

As of 2024, Union Rural Electric Co-op Inc holds $120.5M in total assets with $65.7M in annual revenue. It awarded 5 grants totaling $98K in 2024.

Where does Union Rural Electric Co-op Inc operate?

Union Rural Electric Co-op Inc has awarded grants in Ohio.

What size grants does Union Rural Electric Co-op Inc award?

In 2024, Union Rural Electric Co-op Inc awarded 5 grants totaling $98K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Union Rural Electric Co-op Inc's EIN?

Union Rural Electric Co-op Inc's EIN (Employer Identification Number) is 31-4329510. IRS Form 990 filing data is available on this page for 2020–2024.