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EIN 61-0299615

Owen Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
138
City
Owenton
State
Kentucky
Year formed
1937
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Owen Electric Cooperative serves an average of 65,000 member accounts and strives to improve our Member's lives by providing safe, reliable, and affordable electric service on a patronage basis. Although located in Owenton, KY, the cooperative does not have any applicable programs.
Total revenues
$237,766,185
2023
Total expenses
$237,766,185
2023
Total assets
$316,615,301
2023
Num. employees
138
2023

Program areas at Owen Electric Cooperative

Not Applicable

Personnel at Owen Electric Cooperative

NameTitleCompensation
Michael CobbPresident and Chief Executive Officer$320,451
Brian JonesVice President of Operations$167,220
James R WilliamsSenior Vice President of Operations and Technology$208,232
Jim PetreshockVice President of Information Systems$152,386
Michael StaffordVice President of Member Services$152,737
...and 3 more key personnel

Financials for Owen Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$232,713,777
Investment income and dividends$868,752
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,183,656
Total revenues$237,766,185

Form 990s for Owen Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-03990View PDF
2022-122023-05-04990View PDF
2021-122022-05-05990View PDF
2020-122021-05-05990View PDF
2019-122021-05-04990OView PDF
...and 10 more Form 990s

Organizations like Owen Electric Cooperative

OrganizationLocationRevenue
Pee Dee Electric CooperativeDarlington, SC$97,590,031
Mid-South SynergyNavasota, TX$151,349,587
Salt River Electric CooperativeBardstown, KY$134,671,914
Powell Valley Electric CooperativeNew Tazewell, TN$78,219,772
Oregon Trail Electric Consumers CooperativeBaker City, OR$60,388,263
Magic Valley Electric CooperativeMercedes, TX$320,139,415
Cotton Electric CooperativeWalters, OK$83,727,067
Boone RemcLebanon in, IN$63,135,395
East River Electric Power CooperativeMadison, SD$335,441,988
Central Valley Electric CooperativeArtesia, NM$89,450,287
Data update history
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2024
Used new vendors
Identified 4 new vendors, including , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 23 new vendors, including , , , , , , , , , , , , , , , , , , , , , , and
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 400
Owenton, KY 40359
County
Owen County, KY
Website URL
owenelectric.com 
Phone
(502) 484-3471
IRS details
EIN
61-0299615
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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