Public Charity

OTSEGO ELECTRIC COOPERATIVE INC

Based in HARTWICK, NY, OTSEGO ELECTRIC COOPERATIVE INC operates as a Public Charity. The organization reported $14.7M in revenue, $14.3M in expenses, $55.9M in total assets for fiscal year 2025.

EIN: 150500061 HARTWICK, NY Latest filing: 2025
Total Revenue$14.7M
Total Expenses$14.3M
Total Assets$55.9M
Grant Records0
Filing Years2021–2025

Mission

The Mission of Otsego Electric Cooperative, Inc. is working to improve the quality of life of our members and our communities. The Purpose of Otsego Electric Cooperative, Inc. is to provide cost competitive, safe and reliable energy and broadband solutions.

Where $100 goes at Otsego Electric Cooperative Inc

How Otsego Electric Cooperative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$50
PROVIDED ELECTRIC SERVICE TO 4,995 CUSTOMERS OVER 787 MILES OF DISTRIBUTION LINEElectric service was provided on a cooperative basis through the allocation of patronage capital to all customers…
50% of program spending · Reported in the filing: 787 miles of distribution
$50
Provide high speed internet service on a cooperative basis through the allocation of patronage capital to all member-patrons of the broadband business.Patronage basis 2,979 membersnonpatronage basis 1,347 nonmembers
50% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Amy Parr
1ST CLASS LINEMAN Brad Alger
1ST CLASS LINEMAN Brian Wellman
Vice President Charles Arnold
DIRECTOR ACCT Cody Allen
Treasurer Edward Clarke

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $14.7M $14.3M $55.9M
2024 $13.5M $13.1M $55.2M
2023 $13.1M $12.7M $54.9M
2022 $12.8M $12.2M $49.1M
2021 $10.4M $10.3M $49.1M

Between 2021 and 2025, reported annual revenue grew from $10.4M to $14.7M (+41%), with total assets most recently reported at $55.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for OTSEGO ELECTRIC COOPERATIVE INC

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