Village Energy Cooperative Association Inc

EIN: 341866261 Mutual Benefit

Canton, OH

Total Revenue
$1,837,341
Total Expenses
$1,837,913
Total Assets
$917,630
Net Assets
$24,935
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
OH
Principal Officer
Utility Pipeline Ltd
Phone
8888630032
Tax Period
2024-01-01 to 2024-12-31

Village Energy Cooperative Association Inc, founded in 1998, is a community nonprofit in the Mutual Benefit sector that reported $1.8M in total revenue in fiscal year 2024.

Mission

Installation and maintenance of natural gas pipeline for the purpose of providing natural gas service for the benefit of the members.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,750
Program Service Revenue $1,834,590
Investment Income $1
Other Revenue $0
TOTAL REVENUE $1,837,341

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,837,913
Other Expenses $0
TOTAL EXPENSES $1,837,913

Year-over-Year Comparison

2024 2023 Change
Revenue $1,837,341 $1,909,430 0.0%
Expenses $1,837,913 $1,910,205 0.0%
Net Income $-572 $-775 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dale Copley Board Member 1.00
Officer
$0 $0 $0
Dusten M Watson Board Member 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,837,341 $1,837,913 $917,630 $-572
2023 $1,909,430 $1,910,205 $724,744 $-775
2022 $2,042,866 $2,042,436 $956,510 $430
2021 $1,590,630 $1,594,578 $607,024 $-3,948
2020 $1,339,885 $1,340,170 $432,193 $-285
2019 $1,378,542 $1,373,958 $341,262 $4,584
2018 $1,436,711 $1,434,936 $427,989 $1,775
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