Lorain-Medina Rural Electric Coop Inc
Other · Wellington, Ohio
22898 West Rd, Wellington, OH 44090-9474
Annual Revenue
$49.6M
Total Expenses
$41.7M
Total Assets
$113.2M
Program Spending
114%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$1.2M
3.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$1.2M
3% of total expenses
Where the Money Goes
Trust Score Breakdown
Program Spending Ratio
114% of expenses go to programs
Revenue & Stability
$49.6M annual revenue
Executive Compensation
$1.2M total officer comp (3.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$113.2M in assets
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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.