Skip to content
Nonprofiteer
← All organizations

OWEN ELECTRIC COOPERATIVE INC

EIN 61-0299615 OWENTON, KY

Browse the largest nonprofits in Kentucky

Revenue 2024
$246,541,238
Expenses 2024
$246,541,238

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
2000
Street
PO BOX 400

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

Provide 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.

Activities or mission (Part I)

Provide electric service to members on a patronage basis. Serve an average of 66,000 member accounts. Improve our members' lives by providing safe, reliable, affordable electric service.

  • Not Applicable

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Michael L Cobb

    President and CEO

    Total calculated
    $469,889
    From this org
    $364,392
    From related orgs
    $0
    Other
    $105,497
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $364,392
    Bonus
    $0
    Other
    $0
    Deferred
    $85,388
    Nontaxable benefits
    $20,110
    Filer's total
    $469,890
  • Michael Stafford

    VP of Member Services

    Total calculated
    $236,983
    From this org
    $161,115
    From related orgs
    $0
    Other
    $75,868
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $161,115
    Bonus
    $0
    Other
    $0
    Deferred
    $57,089
    Nontaxable benefits
    $18,779
    Filer's total
    $236,983
  • Jim Petreshock

    VP of Information Systems

    Total calculated
    $236,802
    From this org
    $161,381
    From related orgs
    $0
    Other
    $75,421
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $161,381
    Bonus
    $0
    Other
    $0
    Deferred
    $56,633
    Nontaxable benefits
    $18,789
    Filer's total
    $236,803
  • Joseph Waichulis

    Service Technician

    Total calculated
    $212,745
    From this org
    $158,058
    From related orgs
    $0
    Other
    $54,687
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $158,058
    Bonus
    $0
    Other
    $0
    Deferred
    $35,857
    Nontaxable benefits
    $18,830
    Filer's total
    $212,745
  • Jennifer Taylor

    VP of Engineering

    Total calculated
    $211,184
    From this org
    $155,321
    From related orgs
    $0
    Other
    $55,863
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $155,321
    Bonus
    $0
    Other
    $0
    Deferred
    $47,909
    Nontaxable benefits
    $7,953
    Filer's total
    $211,183
  • Andrew Long

    VP of Engineering

    Total calculated
    $201,386
    From this org
    $139,290
    From related orgs
    $0
    Other
    $62,096
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $139,290
    Bonus
    $0
    Other
    $0
    Deferred
    $43,599
    Nontaxable benefits
    $18,497
    Filer's total
    $201,386
  • Steven Moore

    Service Technician

    Total calculated
    $199,392
    From this org
    $151,165
    From related orgs
    $0
    Other
    $48,227
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $151,165
    Bonus
    $0
    Other
    $0
    Deferred
    $35,475
    Nontaxable benefits
    $12,752
    Filer's total
    $199,392
  • Brian Jones

    VP of Operations

    Total calculated
    $192,788
    From this org
    $166,978
    From related orgs
    $0
    Other
    $25,810
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $166,978
    Bonus
    $0
    Other
    $0
    Deferred
    $6,986
    Nontaxable benefits
    $18,825
    Filer's total
    $192,789
  • Albert Pickett

    Service Technician

    Total calculated
    $191,573
    From this org
    $153,038
    From related orgs
    $0
    Other
    $38,535
    Hours/week
    58

    Schedule J breakdown matched by us

    Base
    $153,038
    Bonus
    $0
    Other
    $0
    Deferred
    $35,540
    Nontaxable benefits
    $2,995
    Filer's total
    $191,573
  • Jerod Mulberry

    Service Technician

    Total calculated
    $191,177
    From this org
    $145,111
    From related orgs
    $0
    Other
    $46,066
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $145,111
    Bonus
    $0
    Other
    $0
    Deferred
    $35,185
    Nontaxable benefits
    $10,881
    Filer's total
    $191,177
  • Joe Schmiade

    Service Technician

    Total calculated
    $166,882
    From this org
    $149,791
    From related orgs
    $0
    Other
    $17,091
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $149,791
    Bonus
    $0
    Other
    $0
    Deferred
    $6,131
    Nontaxable benefits
    $10,960
    Filer's total
    $166,882
  • Erin Rehkamp

    VP of Corporate Services

    Total calculated
    $146,003
    From this org
    $136,990
    From related orgs
    $0
    Other
    $9,013
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $136,990
    Bonus
    $0
    Other
    $0
    Deferred
    $7,762
    Nontaxable benefits
    $1,250
    Filer's total
    $146,002
  • John Grant

    Director

    Total calculated
    $26,775
    From this org
    $26,775
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Charles Richarson

    Secretary-Treasurer

    Total calculated
    $26,679
    From this org
    $26,679
    From related orgs
    $0
    Other
    $0
    Hours/week
    6
  • Richard Messingschlager

    Director

    Total calculated
    $24,906
    From this org
    $24,906
    From related orgs
    $0
    Other
    $0
    Hours/week
    7
  • Robert True

    Director

    Total calculated
    $20,235
    From this org
    $20,235
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Hope Kinman

    Director

    Total calculated
    $19,674
    From this org
    $19,674
    From related orgs
    $0
    Other
    $0
    Hours/week
    4
  • Eddie McCord

    Vice Chairman

    Total calculated
    $19,661
    From this org
    $19,661
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Charles Alan Ahrman

    Chairman

    Total calculated
    $19,200
    From this org
    $19,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $246,541,238
    Expenses
    $246,541,238
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $237,766,185
    Expenses
    $237,766,185
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $232,534,469
    Expenses
    $232,534,469
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $184,758,521
    Expenses
    $184,758,521
    Assets (EOY)
    $280,661,277
  • 2020 · 990

    Revenue
    $164,482,553
    Expenses
    $164,482,553
    Assets (EOY)
    $267,754,840
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $174,532,090
    Assets (EOY)
    $207,756,555
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $172,992,593
    Assets (EOY)
    $197,168,370
  • 2010 · 990

    Revenue
    not reported
    Expenses
    $152,494,264
    Assets (EOY)
    $177,962,932

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.