Village Energy Cooperative Association Inc

Organization Overview

Village Energy Cooperative Association Inc is located in Canton, OH. The organization was established in 2000. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Energy Cooperative Association Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Village Energy Cooperative Association Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INSTALLATION AND MAINTENANCE OF NATURAL GAS PIPELINE FOR THE PURPOSE OF PROVIDING NATURAL GAS SERVICE FOR THE BENEFIT OF THE MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTALLATION AND MAINTENANCE OF NATURAL GAS PIPELINE FOR THE PURPOSE OF PROVISING NATURAL GAS SERVICE FOR THE BENEFIT OF THE MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Dusten M Watson
Board Member
$750
Dale Copley
Board Member
$750
Delaine Orndorff
Board Member
$750

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Utility Pipeline Ltd
Construction/mgmt
$779,521
Mayfair Energy Solutions
Gas Broker
$528,420
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$4,300
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,300
Total Program Service Revenue$1,586,330
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,590,630

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