2020-07-13T17:01:42-05:00 2019-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2019-01-01 340365430 LORAIN-MEDINA RURAL ELECTRIC COOPERATIVE INC LORA 4406472133 PO BOX 158 WELLINGTON OH 44090 KRISTINE DAWSON CFO 4406472133 2020-06-30 1 BRIAN D CHERRY P01355823 3176344747 68.39.87.89 2020-06-30 11:12:05 US P D0C38AB60C307D73A90E817C68D67340FB0F463D D0C38AB60C307D73A90E817C68D67340FB0F463D 2019 2020-09-23 17:36:50Z KRISTINE DAWSON PO BOX 158 WELLINGTON OH 44090 40863021 0 X LMRE.ORG X 1936 OH TO PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 10 10 40 0 408 0 0 0 42307958 39388030 245618 119103 0 1285750 42553576 40792883 0 0 0 0 0 0 0 0 0 37494626 35831188 37494626 35831188 5058950 4961695 88550287 90990146 37971800 36529506 50578487 54460640 TO PROVIDE OUR MEMBER-OWNERS WITH HIGHLY RELIABLE ELECTRIC SERVICE, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES. 0 0 35831188 40673372 PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 35831188 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 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 54 0 1 40 1 0 0 0 0 0 0 0 39388030 1404853 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 OH X X KRISTINE DAWSON 4406472133 22898 WEST ROAD WELLINGTON OH 44090 X RODNEY EATON BOARD PRESIDENT 9.00 X 15225 0 0 RICHARD INDOE TRUSTEE 3.00 X 10675 0 0 KEITH LOWE TREASURER 4.00 X 8900 0 0 JAMES MCCONNELL TRUSTEE 4.00 X 11100 0 0 GARY ROWLAND BOARD VICE PRESIDENT 13.00 X 16175 0 0 JUDY PICKWORTH TRUSTEE 6.00 X 11850 0 0 BRENDA WOLFE SECRETARY 4.00 X 7500 0 0 KATHLEEN NORTON-FOX TRUSTEE 4.00 X 7125 0 0 JOSEPH SWINKO TRUSTEE 4.00 X 7250 0 0 EDWARD VANHOOSE GENERAL MANAGER 40.00 X 154175 0 68184 KRISTINE DAWSON DIRECTOR OF FINANCE & ACCOUNTING 40.00 X 49214 0 8332 299189 0 76516 1 0 1 0 VAUGHN INDUSTRIES 1201 E FINDLAY ST CAREY OH 43316 CONSTRUCTION SERVICES 578874 ASPLUNDH TREE EXPERT CO PO BOX 827464 PHILADELPHIA PA 19182 TREE SERVICES 563057 OBERLANDER'S TREE & LANDSCAPE LT 1874 E MANSFIELD ST BUCYRUS OH 44820 TREE SERVICES 390078 BUCKEYE BORING & EXCAVATION 5688 SR 231 SYCAMORE OH 44882 BORING SERVICES 236426 LANDIS & GYR TECHNOLOGIES LLC 90000 MILL CREEK AVENUE SUITE 100 ALPHARETTA GA 30022 METER TECHNOLOGY SERVICES 149211 5 RESIDENTIAL SALES 221000 28904118 28904118 COMMERCIAL SALES - LARGE 221000 4148164 4148164 COMMERCIAL SALES - SMALL 221000 4085130 4085130 PUBLIC REVENUES 221000 1235493 1235493 OTHER ELECTRIC REVENUES 221000 1015125 1015125 39388030 165281 165281 23960 70138 -46178 -46178 -46178 G & T CO-OP CAPITAL CREDITS 900099 1092897 1092897 OTHER CAPITAL CREDITS & PATRONAGE 900099 110864 110864 MISC REVNEUE/EXPENSE 221000 81581 81581 408 408 1285750 40792883 40673372 408 119103 1244096 1244096 2589550 2589550 PURCHASED POWER 23123568 23123568 GENERAL AND ADMINISTRAT 4182620 4182620 OPERATIONS EXPENSE 2448814 2448814 STATE EXCISE TAX 1434549 1434549 807991 807991 35831188 35831188 0 0 4990365 3064067 286977 3194249 3823468 3787135 9092 12449 815090 496846 208200 198839 93172443 33963422 57433376 59209021 20233484 20445913 750235 581627 88550287 90990146 4545332 4272404 31058665 29829342 2367803 2427760 37971800 36529506 X 268185 268185 0 0 50310302 54192455 50578487 54460640 88550287 90990146 X 4961695 -1079542 X X 0 1 X 1 0 223079 223079 1680629 1388863 291766 91268735 32574559 58694176 59209021 PATRONAGE CAPITAL FROM ASSOCIATED C 17601361 C INVESTMENTS TO CAPITAL CERTIFICATES 791031 C OTHER INVESTMENTS IN ASSOC ORG - BU 1099267 C OTHER INVESTMENTS IN ASSOC ORG - CF 1000 C OTHER INVESTMENTS IN ASSOC ORG - RE 50 C CADP MBSHP 25 C INVESTMENT IN LMRDC 1050 C INVESTMENT IN FESCO 1000 C INVESTMENT IN HEARTLAND LLC 175911 C MEMBERSHIP IN NRTC 1000 C INVESTMENT IN COBANK 1100 C INVESTMENT IN LORCO - ADMIN, RENT, 243126 C INVESTMENT IN SULLIVAN TWP - WASTEW 8223 C INVESTMENT IN ECONOMIC DEVELOPMENT 840 C ECONOMIC DEVELOPMENT INVESTMENT - L 520929 C 20445913 ACC PROV FOR PENSIONS & BENEFITS 812998 EMPLOYER FUNDED HRA FOR RETIREES 904084 CUSTOMER DEPOSITS 660540 DEFERRED CAPITAL CREDIT RETIREMENT 50138 2427760 40792883 0 40792883 0 40792883 35831188 0 35831188 0 35831188 X X 0 0 0 EDWARD VANHOOSE GENERAL MANAGER 154175 0 0 0 0 0 42961 0 25223 0 222359 0 0 0 GARY ROWLAND SEE BELOW 23123568 0 JIM MCCONNELL SEE BELOW 174765 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. MCCONNELL 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 TRUSTEES ARE REQUIRED ANNUALLY TO DISCLOSE ALL INTEREST THAT COULD GIVE RISE TO CONFLICT. EACH TRUSTEE 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 VII, LINE 10 EDWARD VANHOOSE'S SALARY IS ALLOCATED AMONG TWO ELECTRIC COOPERATIVES. TAXABLE WAGES ALLOCATED TO LORAIN-MEDINA RURAL ELECTRIC (EIN # 34-0365430) ARE $154,175 AND OTHER BENEFITS ALLOCATED ARE $68,184. TAXABLE WAGES ALLOCATED TO NORTH CENTRAL ELECTRIC ARE $94,495 AND OTHER BENEFITS ALLOCATED ARE $41,791. LORAIN-MEDINA RURAL ELECTRIC AND NORTH CENTRAL ELECTRIC ARE NOT RELATED ENTITIES BUT THEY SHARE THE SERVICES OF EDWARD VANHOOSE, GENERAL MANAGER. FORM 990, PART VII, LINE 11 KRISTINE DAWSON'S SALARY IS ALLOCATED AMONG TWO ELECTRIC COOPERATIVES. TAXABLE WAGES ALLOCATED TO LORAIN-MEDINA RURAL ELECTRIC (EIN # 34-0365430) ARE $49,214 AND OTHER BENEFITS ALLOCATED ARE $8,332. TAXABLE WAGES ALLOCATED TO NORTH CENTRAL ELECTRIC ARE $30,164 AND OTHER BENEFITS ALLOCATED ARE $5,377. LORAIN-MEDINA RURAL ELECTRIC AND NORTH CENTRAL ELECTRIC ARE NOT RELATED ENTITIES BUT THEY SHARE THE SERVICES OF KRISTINE DAWSON, DIRECTOR OF FINANCE AND ACCOUNTING. FORM 990, PART XI, LINE 9: PATRONAGE RETIREMENTS -804,727. UNRECOGNIZED POSTRETIREMENT BENEFIT COST -278,568. ESCHEAT & CAPITAL CREDIT RETURNS/RE-WRITES 1,372. ADJUSTMENT 696. CHANGE IN MEMBERSHIP 1,685. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. 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 7221 789898 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 1202002 SEE SUPPLEMENTAL EXPLANATION FORM 990, SCHEDULE R, PART V, LINE 1O EDWARD VANHOOSE, GENERAL MANAGER, AND KRISTINE DAWSON, DIRECTOR OF FINANCE AND ACCOUNTING - WAGES AND BENEFITS ARE ALLOCATED AMONG NORTH CENTRAL 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.