Owen Electric Cooperative Inc

Unknown organization based in Owenton, KY. 128 employees. Exempt under §501(c)(12).

MissionProvide electric service to members on a patronage basis. Serve approximately 66,000 member accounts. Improve our member's lives by providing safe, reliable, and affordable electric service.

EIN
61-0299615
State
KY
Sector
Unknown
Budget band
$50M+
Latest filing
TY 2024
Records
12 officers · 5 years

Financial snapshot · TY 2024

$246.5M
Total revenue
$246.5M
Total expenses
$319.2M
Net assets

Financial health · TY 2024

20
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
48
8.6 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
6
Mix of program fees, grants & contributions

Leadership compensation

Michael L Cobb
President and CEO
$469,889
Michael Stafford
VP of Member Services
$236,983
Jim Petreshock
VP of Information Systems
$236,802
Joseph Waichulis
Service Technician
$212,745
Jennifer Taylor
VP of Engineering
$211,184

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Owen Electric Cooperative Inc Executive Compensation | 990 Data | DoubleNine