2023-11-14T08:37:33-06:00 2022-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2022-01-01 340365430 LORAIN-MEDINA RURAL ELECTRIC COOPERATIVE INC LORA 4406472133 PO BOX 158 WELLINGTON OH 44090 EDWARD VANHOOSE PRESIDENT/CEO 4406472133 2023-10-24 1 EDWARD VANHOOSE 999009999 0 BRIAN D CHERRY P01355823 3176344747 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EDWARD VANHOOSE PO BOX 158 WELLINGTON OH 44090 48347059 0 X LMRE.ORG X 1936 OH TO PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 11 11 46 0 0 0 638000 0 41607709 46684500 65203 240401 1177542 1422158 43488454 48347059 0 0 0 0 0 0 0 0 0 38490542 40980234 38490542 40980234 4997912 7366825 103003393 106860497 44146384 42897149 58857009 63963348 TO PROVIDE OUR MEMBER-OWNERS WITH HIGHLY RELIABLE ELECTRIC SERVICE, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES. 0 0 40980234 48033137 PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 40980234 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 63 0 46 0 0 0 0 0 0 0 0 46684500 1662559 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 OH X X COLLEEN ANTHONY 4406472133 22898 WEST ROAD WELLINGTON OH 44090 RODNEY EATON CHAIR 5.55 X X 18475 0 0 KEITH LOWE TREASURER 3.59 X X 10500 0 0 JAMES MCCONNELL DIRECTOR 2.61 X 11175 0 0 GARY ROWLAND VICE CHAIR 6.22 X X 15800 0 0 JUDY PICKWORTH DIRECTOR 4.01 X 12575 0 0 BRENDA WOLFE SECRETARY 4.90 X 11100 0 0 JOSEPH SWINKO DIRECTOR 8.08 X 9800 0 0 RICHARD DUMPERTH DIRECTOR 1.31 X 3575 0 0 KENNETH DIEDRICK DIRECTOR 1.59 X 5100 0 0 KATHLEEN NORTON FOX DIRECTOR 1.22 X 3850 0 0 RICHARD INDOE DIRECTOR 1.42 X 5525 0 0 EDWARD VANHOOSE PRESIDENT/CEO 60.00 X 207119 0 17913 BRAD WARNEMENT CHIEF OPERATING OFFICER 53.85 X 118504 0 18967 JOEL MILLER LINE FOREMAN 50.42 X 127064 0 11195 LUCAS STONE LINEMAN 49.12 X 115315 0 13423 NICHOLAS SMITH LINEMAN 46.67 X 106069 0 13376 MICHAEL KELSEY LINEMAN 46.60 X 102179 0 7314 883725 0 82188 6 0 1 0 KNOCKOUT TREE SERVICE LLC 4698 SR 162 NEW LONDON OH 44851 TREE SERVICES 592243 OBERLANDER'S TREE & LANDSCAPE LT 1874 E MANSFIELD ST BUCYRUS OH 44820 TREE SERVICES 146059 JIH GROUP INC 309 MONROE ST MONROEVILLE OH 44847 BUILDING SERVICES 131231 3 RESIDENTIAL SALES 221000 35169133 35169133 COMMERCIAL SALES - LARGE 221000 4849181 4849181 COMMERCIAL SALES - SMALL 221000 4392075 4392075 PUBLIC REVENUES 221000 1313540 1313540 OTHER ELECTRIC REVENUES 221000 960571 960571 46684500 240401 240401 G & T CO-OP CAPITAL CREDITS 900099 1246839 1246839 OTHER CAPITAL CREDITS & PATRONAGE 900099 126867 126867 MISC REVNEUE/EXPENSE 221000 -25069 -25069 73521 73521 1422158 48347059 48033137 0 313922 1204722 1204722 2931773 2931773 PURCHASED POWER 26382543 26382543 GENERAL AND ADMINISTRAT 5431309 5431309 OPERATIONS EXPENSE 2672658 2672658 STATE EXCISE TAX 1430945 1430945 926284 926284 40980234 40980234 0 0 9279948 9992940 5968935 4699472 3857024 4550302 9196 18559 655086 1111810 199041 206255 104625227 38207615 62814221 66417612 19989977 19816910 229965 46637 103003393 106860497 4908552 5121921 36137364 34453159 3100468 3322069 44146384 42897149 X 268185 268185 0 0 58588824 63695163 58857009 63963348 103003393 106860497 X 7366825 -2260486 X X 0 1 X 1 0 223079 223079 4015566 1436916 2578650 100386582 36770699 63615883 66417612 PATRONAGE CAPITAL FROM ASSOCIATED C 17204400 C INVESTMENTS TO CAPITAL CERTIFICATES 766931 C OTHER INVESTMENTS IN ASSOC ORG - BU 1099267 C OTHER INVESTMENTS IN ASSOC ORG - CF 1000 C CADP MBSHP 25 C INVESTMENT IN LMRDC 1050 C INVESTMENT IN FESCO 1000 C INVESTMENT IN HEARTLAND LLC 210379 C MEMBERSHIP IN NRTC 1000 C INVESTMENT IN COBANK 1100 C INVESTMENT IN LORCO - ADMIN, RENT, 346 C INVESTMENT IN SULLIVAN TWP - WASTEW 8643 C INVESTMENT IN ECONOMIC DEVELOPMENT 840 C ECONOMIC DEVELOPMENT INVESTMENT - L 520929 C 19816910 ACC PROV FOR PENSIONS & BENEFITS 782500 EMPLOYER FUNDED HRA FOR RETIREES 921533 CUSTOMER DEPOSITS 543585 DEFERRED CAPITAL CREDIT RETIREMENT 427511 ACC EMPLOYEES LEAVE - VAC & SICK 646940 3322069 48347059 0 48347059 0 48347059 40980234 0 40980234 0 40980234 X X 0 0 0 EDWARD VANHOOSE PRESIDENT/CEO 207119 0 0 0 0 0 0 0 17913 0 225032 0 0 0 GARY ROWLAND SEE BELOW 26382543 0 RODNEY EATON SEE BELOW 215768 0 SCHEDULE L, PART IV, LINE 1 MR. ROWLAND IS BOTH A DIRECTOR FOR BUCKEYE POWER AND A DIRECTOR FOR THE COOPERATIVE. LORAIN-MEDINA ELECTRIC COOPERATIVE HAS AN AGREEMENT TO PURCHASE POWER FROM BUCKEYE POWER. SCHEDULE L, PART IV, LINE 2 MR. EATON IS BOTH A DIRECTOR FOR THE COOPERATIVE AND A DIRECTOR FOR THE STATEWIDE ORGANIZATION, OHIO RURAL ELECTRIC COOPERATIVE. THE COOPERATIVE PAYS ANNUAL DUES FOR TRAINING AND OTHER SERVICES PROVIDED BY THE STATEWIDE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE COOPERATIVE EACH HAVE A VOTE AT THE ANNUAL MEETING TO ELECT DIRECTORS AND VOTE ON PROPOSED CHANGES TO THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE EXAMINATION AND DISCUSSION OF EACH YEAR'S FORM 990 IS PLACED ON THE AGENDA OF THE REGULAR BOARD MEETING. THE 990 IS THOROUGHLY REVIEWED. NECESSARY CHANGES, IF ANY, ARE APPROVED BY MANAGEMENT AND COMMUNICATED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED ANNUALLY TO DISCLOSE ALL INTEREST THAT COULD GIVE RISE TO CONFLICT. EACH DIRECTOR COMPLETES AND SIGNS A QUESTIONNAIRE ADDRESSING CONFLICTS OF INTEREST AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEE COMPENSATION LEVELS ARE REVIEWED ANNUALLY USING INDUSTRY SURVEY DATA. FORM 990, PART VI, SECTION C, LINE 18 RECORDS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING. THIS INFORMATION IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PATRONAGE RETIREMENTS -2,271,755. UNRECOGNIZED POSTRETIREMENT BENEFIT COST 9,809. CHANGE IN MEMBERSHIPS 1,460. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS IN REGARDS TO SELECTION AND OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR. FEDERATED ENERGY SERVICES COOPERATIVE INC PO BOX 475 ATTICA OH 44807 341851918 SERVICE MANAGEMENT OH C 0.50000 0 LORAIN-MEDINA RURAL DEVELOPMENT CORP INC PO BOX 158 WELLINGTON OH 44090 311550068 ECONOMIC DEVELOPMENT OH LORIAN-MEDINA RURAL ELECTRIC COOPERATIVE C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 FEDERATED ENERGY SERVICES COOPERATIVE INC O 751653 SEE SUPPLEMENTAL EXPLANATION FORM 990, SCHEDULE R, PART V, LINE 10 EDWARD VANHOOSE, PRESIDENT/CEO, AND BRAD WARNEMENT, CHIEF OPERATING OFFICER - WAGES AND BENEFITS ARE ALLOCATED AMONG NORTH CENTRAL ELECTRIC AND LORAIN-MEDINA RURAL ELECTRIC COOPERATIVES. WAGES AND BENEFITS ARE PAID BY FESCO. LORAIN-MEDINA RURAL ELECTRIC COOPERATIVE AND NORTH CENTRAL ELECTRIC PAY FESCO FOR EMPLOYEE WAGES AND BENEFITS. FESCO RECONCILES ANY AMOUNTS OWED BETWEEN THE TWO COOPERATIVES FOR THE WAGES AND BENEFITS.