About
To provide our member-owners with highly reliable electric service, superior customer service and innovative energy solutions at competitive prices.
DBA INC
Donations are NOT tax-deductible
Financial Snapshot
FY ending 2024-12-31Financial history
192021222324
RevenueExpenses
Latest FY2024: $50.6M · Avg: $46.6M
LORAIN-MEDINA RURAL ELECTRIC COOP INC
Address
1 N Cooperative Way
Spencer, OH, 44275-956
Governance
Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Public records
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