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ONEIDA-MADISON ELECTRIC COOPERATIVE
BOUCKVILLE, NY · EIN 150405592 · Form 990 · FY2024 · NTEE W80Z · Public & Societal Benefit · Medium ($1M-$10M)
revenue
$3.6M
expenses
$3.6M
net assets
$3.8M
employees
10
program ratio
0%
mission · from form 990

The aim of Oneida-Madison Electric Cooperative, Inc. is to make electric energy available to its members at the lowest cost consistent with sound economy and good management.

profile · synthesized from sources

Oneida-Madison Electric Cooperative, Inc. is a utility cooperative providing electric service to its member-owners in central New York. The organization operates with the goal of delivering reliable power at the lowest possible cost while maintaining sound financial management. It serves rural communities across Oneida and Madison counties.

named programs · 1 · from sources

What they call their work

Electric Power Distribution
Provides reliable electric service to member-owners across a rural service territory in central New York
activities · 1 group

What they do

  • Electric Grid Operations & Reliability 1 activity
    • Electric energy distribution to members
      Provides electric energy to its members at the lowest cost consistent with sound economy and good management.
financials · form 990 · fy2024
revenue
Total revenue$3.60M
Contributions & grants$00%
Program service revenue$3.59M100%
Investment income$5K0%
Other revenue$6K
expenses
Total expenses$3.60M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$938K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$7.04M
Cash$176K
Investments$325K
Liabilities$3.21M
Net assets$3.83M
Liquid reserves1.7 mo
5 years on record · 2020–2024 · YoY revenue +9.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 9
NameTitleHours/wkCompensation
BRIAN BELL CEO 43 $191K
Barry Tallman Jr line foreman 40 $154K
DANIEL SAULSGIVER Sec - TREASURER 5 $10K
RUDY BROUILLETTE President 4 $6K
JOHN LEHR Vice President 2 $4K
JAMES NASSIMOS DIRECTOR 1 $3K
SETH HOWARD Director 1 $2K
LEWIS KURT PEAVEY DIRECTOR 1 $2K
SCOTT BUGBEE Director 0 $1K
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Cost-Efficient Utility Service
    methodology: cost_efficient_utility
    By implementing sound economic and managerial practices, the cooperative aims to deliver electric energy at the lowest possible cost to members, ensuring affordability and financial sustainability.