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Nonprofiteer
← LICKING RURAL ELECTRIFICATION INC

Form 990 for tax year 2024

Filed by LICKING RURAL ELECTRIFICATION INC.

Totals

Total revenue
$73,811,472
Total expenses
$70,926,957
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$71,390,737
Investment income
$478,968
Other revenue
$1,941,767
Total assets, end of year
$359,387,067
Total liabilities, end of year
$264,512,538
Net assets or fund balances, end of year
$94,874,529
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • TODD WARE

    PRESIDENT CEO

    Total calculated
    $580,096
    From this org
    $0
    From related orgs
    $429,589
    Other
    $150,507
    Hours/week
    17 + 23 related

    Schedule J breakdown matched by us

    Base
    not reported + $419,911 related
    Bonus
    not reported
    Other
    not reported + $9,678 related
    Deferred
    not reported + $141,093 related
    Nontaxable benefits
    not reported + $9,414 related
    Filer's total
    not reported + $580,096 related
  • DANIEL MCVEY

    VP COO

    Total calculated
    $476,735
    From this org
    $0
    From related orgs
    $342,614
    Other
    $134,121

    Schedule J breakdown matched by us

    Base
    not reported + $326,605 related
    Bonus
    not reported + $9,400 related
    Other
    not reported + $6,609 related
    Deferred
    not reported + $115,260 related
    Nontaxable benefits
    not reported + $18,861 related
    Filer's total
    not reported + $476,735 related
  • PAT MCGONAGLE

    VP CFO

    Total calculated
    $463,897
    From this org
    $0
    From related orgs
    $322,771
    Other
    $141,126
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    not reported + $310,140 related
    Bonus
    not reported + $6,025 related
    Other
    not reported + $6,606 related
    Deferred
    not reported + $110,755 related
    Nontaxable benefits
    not reported + $30,371 related
    Filer's total
    not reported + $463,897 related
  • CONNIE HOGUE

    VP OF HUMAN RESOURCES/SAFETY

    Total calculated
    $329,945
    From this org
    $0
    From related orgs
    $240,513
    Other
    $89,432
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

    Base
    not reported + $227,037 related
    Bonus
    not reported + $6,700 related
    Other
    not reported + $6,776 related
    Deferred
    not reported + $79,879 related
    Nontaxable benefits
    not reported + $9,553 related
    Filer's total
    not reported + $329,945 related
  • JOSH FILLER

    VP COO

    Total calculated
    $307,633
    From this org
    $222,391
    From related orgs
    $0
    Other
    $85,242
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $209,651
    Bonus
    $7,045
    Other
    $5,695
    Deferred
    $68,745
    Nontaxable benefits
    $16,497
    Filer's total
    $307,633
  • JOE HIGDON

    CONTROLLER

    Total calculated
    $304,620
    From this org
    $0
    From related orgs
    $204,286
    Other
    $100,334
    Hours/week
    17 + 23 related

    Schedule J breakdown matched by us

    Base
    not reported + $192,570 related
    Bonus
    not reported + $5,425 related
    Other
    not reported + $6,291 related
    Deferred
    not reported + $69,963 related
    Nontaxable benefits
    not reported + $30,371 related
    Filer's total
    not reported + $304,620 related
  • SCOTT STITTS

    VP CIO

    Total calculated
    $303,280
    From this org
    $0
    From related orgs
    $213,898
    Other
    $89,382
    Hours/week
    14 + 26 related

    Schedule J breakdown matched by us

    Base
    not reported + $202,441 related
    Bonus
    not reported + $4,800 related
    Other
    not reported + $6,657 related
    Deferred
    not reported + $71,686 related
    Nontaxable benefits
    not reported + $17,696 related
    Filer's total
    not reported + $303,280 related
  • PATRICK MULLIGAN

    GAS ENGINEERING MANAGER

    Total calculated
    $249,395
    From this org
    $0
    From related orgs
    $171,407
    Other
    $77,988

    Schedule J breakdown matched by us

    Base
    not reported + $164,086 related
    Bonus
    not reported + $2,375 related
    Other
    not reported + $4,946 related
    Deferred
    not reported + $59,127 related
    Nontaxable benefits
    not reported + $18,861 related
    Filer's total
    not reported + $249,395 related
  • DON WHEELER

    GAS OPERATIONS MANAGER

    Total calculated
    $247,982
    From this org
    $0
    From related orgs
    $173,779
    Other
    $74,203

    Schedule J breakdown matched by us

    Base
    not reported + $163,005 related
    Bonus
    not reported + $5,000 related
    Other
    not reported + $5,774 related
    Deferred
    not reported + $57,706 related
    Nontaxable benefits
    not reported + $16,497 related
    Filer's total
    not reported + $247,982 related
  • NELSON SMITH

    DIRECTOR

    Total calculated
    $34,850
    From this org
    $34,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    3 + 6.25 related
  • JOHN KLAUDER

    DIRECTOR

    Total calculated
    $25,225
    From this org
    $25,225
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 5 related
  • ROY VAN ATTA

    DIRECTOR

    Total calculated
    $24,500
    From this org
    $24,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.17 + 0.83 related
  • BRAD PATTON

    DIRECTOR

    Total calculated
    $21,525
    From this org
    $21,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.67 + 3.33 related
  • TOM GRAHAM

    DIRECTOR

    Total calculated
    $21,450
    From this org
    $21,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.67 + 3.33 related
  • WAYNE ZOLLARS

    DIRECTOR

    Total calculated
    $19,950
    From this org
    $19,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.67 + 3.33 related
  • JOANNE LITTLE

    DIRECTOR

    Total calculated
    $17,275
    From this org
    $17,275
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.67 + 3.33 related
  • DONALD HAWK

    DIRECTOR

    Total calculated
    $17,025
    From this org
    $17,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.67 + 3.33 related
  • DUSTIN BUCKINGHAM

    DIRECTOR

    Total calculated
    $17,025
    From this org
    $17,025
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5 + 4 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
7 October 2025
IRS schema version
2024v5.2
Source object
202502809349300035

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