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OWEN ELECTRIC COOPERATIVE, INC.

Company Details

Name: OWEN ELECTRIC COOPERATIVE, INC.
Legal type: Kentucky Corporation
Status: Active
Standing: Good
Profit or Non-Profit: Non-profit
File Date: 09 Jun 1937 (88 years ago)
Organization Date: 09 Jun 1937 (88 years ago)
Last Annual Report: 07 Feb 2025 (a month ago)
Organization Number: 0039308
Industry: Electric, Gas and Sanitary Services
Number of Employees: Large (100+)
ZIP code: 40359
City: Owenton, Gratz, Wheatley
Primary County: Owen County
Principal Office: 8205 HWY 127 N, PO BOX 400, OWENTON, KY 40359
Place of Formation: KENTUCKY

Unique Entity ID

Unique Entity ID Expiration Date Physical Address Mailing Address
EBNBEU6ABVJ4 2025-01-25 8205 HIGHWAY 127 N, OWENTON, KY, 40359, 8507, USA P.O. BOX 400, OWENTON, KY, 40359, 8507, USA

Business Information

Congressional District 04
State/Country of Incorporation KY, USA
Activation Date 2024-01-29
Initial Registration Date 2009-04-15
Entity Start Date 1937-06-09
Fiscal Year End Close Date Dec 31

Points of Contacts

Electronic Business
Title PRIMARY POC
Name TERESA HAMILTON
Address 8205 HWY 127 N, P. O. BOX 400, OWENTON, KY, 40359, USA
Title ALTERNATE POC
Name JENNIFER TAYLOR
Address 8205 HWY 127 N, P. O. BOX 400, OWENTON, KY, 40359, USA
Government Business
Title PRIMARY POC
Name ANDREW LONG
Address 8205 HWY 127 N, P. O. BOX 400, OWENTON, KY, 40359, USA
Title ALTERNATE POC
Name HOLLIE BREEDEN
Address 8205 HWY 127 N, P. O. BOX 400, OWENTON, KY, 40359, USA
Past Performance Information not Available

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
OWEN ELECTRIC COOPERATIVE EMPLOYEE SAVINGS AND PROTECTION PLAN 2019 610299615 2020-09-08 OWEN ELECTRIC COOPERATIVE, INC. 150
File View Page
Three-digit plan number (PN) 004
Effective date of plan 1986-04-01
Business code 221100
Sponsor’s telephone number 5025633563
Plan sponsor’s mailing address 8205 HIGHWAY 127 NORTH, OWENTON, KY, 40359
Plan sponsor’s address 8205 HIGHWAY 127 NORTH, OWENTON, KY, 40359

Number of participants as of the end of the plan year

Active participants 137
Retired or separated participants receiving benefits 1
Other retired or separated participants entitled to future benefits 17
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 153
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2020-09-08
Name of individual signing APRIL BROWN
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-09-08
Name of individual signing APRIL BROWN
Valid signature Filed with authorized/valid electronic signature
OWEN ELECTRIC COOPERATIVE EMPLOYEE SAVINGS AND PROTECTION PLAN 2018 610299615 2019-10-01 OWEN ELECTRIC COOPERATIVE, INC. 147
File View Page
Three-digit plan number (PN) 004
Effective date of plan 1986-04-01
Business code 221100
Sponsor’s telephone number 5025633563
Plan sponsor’s mailing address 8205 HIGHWAY 127 NORTH, OWENTON, KY, 40359
Plan sponsor’s address 8205 HIGHWAY 127 NORTH, OWENTON, KY, 40359

Number of participants as of the end of the plan year

Active participants 127
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 19
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 143
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2019-10-01
Name of individual signing APRIL BROWN
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-10-01
Name of individual signing APRIL BROWN
Valid signature Filed with authorized/valid electronic signature

Director

Name Role
John Grant Director
P. Hope Kinman Director
Robert True Director
Charles Alan Ahrman Director
Eddie McCord Director
Richard Messingschlager Director
Charlie Richardson Director
IRA KEMPER Director
LISTER RANDSDELL Director
J. W. MCILROY Director

Incorporator

Name Role
J. H. SATTERWHITE Incorporator
IRA KEMPER Incorporator
LISTER RANSDELL Incorporator
J. W. MCILROY Incorporator
J. L. TACKETT Incorporator

President

Name Role
Michael L Cobb President

Registered Agent

Name Role
JAMES M. CRAWFORD, ATTY. Registered Agent

Licenses

Department License Number License Type / Line of Authority Status Issue Date Effective Date Inactive Date Expiry Date Address
Department of Insurance DOI ID 398187 Agent - Limited Line Credit Inactive 2000-08-07 - 2004-01-21 - -
Department of Insurance DOI ID 398187 Agent - Credit Personal Property & Unemployment Inactive 1993-05-24 - 2000-08-07 - -
Department of Insurance DOI ID 398187 Agent - Credit Life & Health Inactive 1993-03-01 - 2000-08-07 - -

Permits

Agency Interest Id Program Activity Type Current Milestone Issued Date Milestone Date
33655 Wastewater KPDES Sanitary-Renewal Approval Issued 2022-07-01 2022-07-01
Document Name Final Fact Sheet KY0104868.pdf
Date 2022-07-04
Document Download
Document Name S Final Permit KY0104868.pdf
Date 2022-07-04
Document Download
Document Name S KY0104868 Final Issue Letter.pdf
Date 2022-07-04
Document Download
33655 Wastewater KPDES Sanitary-Renewal Approval Issued 2017-10-31 2017-10-31
Document Name Final Fact Sheet KY0104868.pdf
Date 2017-11-01
Document Download
Document Name S Final Permit KY0104868.pdf
Date 2017-11-01
Document Download
Document Name S KY0104868 Final Issue Letter.pdf
Date 2017-11-01
Document Download
33655 Air Mnr Source Revision Emissions Inventory Complete 2017-06-12 2022-02-08
Document Name Permit S-15-046 R1 Final.pdf
Date 2017-06-14
Document Download
33655 Wastewater KPDES Sanitary-Renewal Approval Issued 2012-06-20 2012-06-20
Document Name S KY0104868 Final Issue Letter 06-20-12.pdf
Date 2012-06-21
Document Download
Document Name Final Fact Sheet KY0104868.pdf
Date 2012-06-21
Document Download
Document Name S Final Permit KY0104868.pdf
Date 2012-06-21
Document Download

Former Company Names

Name Action
OWEN COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION Old Name

Filings

Name File Date
Annual Report 2025-02-07
Annual Report 2024-01-23
Annual Report 2023-02-24
Annual Report 2022-03-04
Annual Report 2021-01-11
Annual Report 2020-02-13
Annual Report 2019-05-28
Annual Report 2018-04-10
Annual Report 2017-04-24
Annual Report 2016-03-08

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
RKY0037AU27 10 Department of Agriculture 10.850 - RURAL ELECTRIFICATION LOANS AND LOAN GUARANTEES 2009-08-21 2011-08-21 SECTION 306 FFB - OTHER
Recipient OWEN ELECTRIC COOPERATIVE INC
Recipient Name Raw OWEN ELECTRIC COOP
Recipient UEI EBNBEU6ABVJ4
Recipient DUNS 006946065
Recipient Address P. O. BOX 400, OWENTON, OWEN, KENTUCKY, 40359-0400, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 480692.00
Face Value of Direct Loan 21083000.00
Link View Page

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
61-0299615 Association Unconditional Exemption PO BOX 400, OWENTON, KY, 40359-0400 1943-03
In Care of Name -
Group Exemption Number 0000
Subsection Benevolent Life Insurance Assoc., Mutual Ditch or Irrigation Co., Mutual Cooperative Telephone Co., Organization Like Those on Three Preceding Lines
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Educational Organization, Local Association of Employees, Horticultural Organization, Business League, Voluntary Employees' Beneficiary Association (Govt. Emps.), Mutual Ditch or Irrigation Co., Cemetery Company, Other Mutual Corp. or Assoc.
Deductibility Contributions are not deductible.
Foundation All organizations except 501(c)(3)
Tax Period 2023-12
Asset 50,000,000 to greater
Income 50,000,000 to greater
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 316615301
Income Amount 237766185
Form 990 Revenue Amount 237766185
National Taxonomy of Exempt Entities -
Sort Name -

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name OWEN ELECTRIC COOPERATIVE INC
EIN 61-0299615
Tax Period 202212
Filing Type E
Return Type 990O
File View File
Organization Name OWEN ELECTRIC COOPERATIVE INC
EIN 61-0299615
Tax Period 202112
Filing Type E
Return Type 990O
File View File
Organization Name OWEN ELECTRIC COOPERATIVE INC
EIN 61-0299615
Tax Period 201912
Filing Type P
Return Type 990O
File View File
Organization Name OWEN ELECTRIC COOPERATIVE INC
EIN 61-0299615
Tax Period 201812
Filing Type P
Return Type 990O
File View File
Organization Name OWEN ELECTRIC COOPERATIVE INC
EIN 61-0299615
Tax Period 201712
Filing Type P
Return Type 990O
File View File
Organization Name OWEN ELECTRIC COOPERATIVE INC
EIN 61-0299615
Tax Period 201612
Filing Type P
Return Type 990O
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7288337402 2020-05-16 0457 PPP 8205 Hwy 127 N, Owenton, KY, 40359
Loan Status Date 2021-06-04
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1985000
Loan Approval Amount (current) 1985000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 23790
Servicing Lender Name German American Bank
Servicing Lender Address 711 Main St, JASPER, IN, 47546-3042
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Owenton, OWEN, KY, 40359-0001
Project Congressional District KY-04
Number of Employees 135
NAICS code 221122
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Non-Profit Organization
Originating Lender ID 27901
Originating Lender Name German American Bank
Originating Lender Address SHELBYVILLE, KY
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 2005393.84
Forgiveness Paid Date 2021-06-01

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
593893 Intrastate Non-Hazmat 2023-03-01 342526 2020 18 61 Private(Property)
Legal Name OWEN ELECTRIC COOPERATIVE
DBA Name -
Physical Address 8205 HWY 127 N, OWENTON, KY, 40359, US
Mailing Address PO BOX 400, OWENTON, KY, 40359, US
Phone (502) 563-3548
Fax (502) 484-2661
E-mail THAMILTON@OWENELECTRIC.COM

Safety Measurement System - All Transportation

Total Number of Inspections for the measurement period (24 months) 1
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 1
Vehicle Maintenance BASIC Roadside Performance measure value 5
Total Number of Vehicle Inspections for the measurement period 1
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 0
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 1
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 1
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 0

Inspections

Unique report number of the inspection B914000258
State abbreviation that indicates the state the inspector is from KY
The date of the inspection 2023-06-14
ID that indicates the level of inspection Full
State abbreviation that indicates where the inspection occurred KY
Time weight of the inspection 1
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 1
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 1
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit STRAIGHT TRUCK
Description of the make of the main unit INTL
License plate of the main unit 248836
License state of the main unit KY
Vehicle Identification Number of the main unit 1HTWESTNXHH658486
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Total number of BASIC violations 1
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 1
Number of Hazardous Materials Compliance BASIC violations 0

Violations

The date of the inspection 2023-06-14
Code of the violation 3963A1DSUJ
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation Y
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 2
The severity weight that is assigned to a violation 3
The time weight that is assigned to a violation 1
The description of a violation Universal Joint with Loose Broken or Missing Component or Bearing Strap
The description of the violation group Other Vehicle Defect
The unit a violation is cited against Vehicle main unit

Crashes

Unique state report number for the incident KY0073073609
Sequence number for each vehicle involved in a crash 1
The date a incident occurred 2024-08-02
State abbreviation KY
Total number of fatalities reported in the crash 0
Total number of injuries reported in the crash 0
The vehicle involved in the accident was towed from the scene Y
Hazardous materials were released during the accident N
Description of the trafficway Two-Way Trafficway Divided Unprotected Median
Description of the access control Partial Access Control
Description of the road surface condition Wet
Description of the weather condition Rain
Description of the light condition Daylight
Vehicle Identification number (VIN) 3C7WRNALXGG317783
Vehicle license number 294552
Vehicle license state KY
The severity weight that is assigned to the incident 1
The time weight that is assigned to the incident 3
Sequence number 1

Government Spending

Branch Date of Service Fiscal Year Cabinet Department Classification Item Name Amount
Executive 2025-02-25 2025 Cabinet of the General Government Department Of Veterans Affairs Utilities And Heating Fuels Electricity 1804.99
Executive 2025-02-25 2025 Tourism, Arts and Heritage Cabinet Kentucky Department Of Parks Utilities And Heating Fuels Electricity 10362.14
Executive 2025-02-21 2025 Energy and Environment Cabinet Department for Environmental Protection Utilities And Heating Fuels Electricity 79.1
Executive 2025-02-21 2025 Transportation Cabinet Department Of Highways Utilities And Heating Fuels Electricity 1.8
Executive 2025-02-19 2025 Justice & Public Safety Cabinet Kentucky State Police Utilities And Heating Fuels Electricity 343.37
Executive 2025-02-18 2025 Transportation Cabinet Department Of Highways Utilities And Heating Fuels Electricity 2240.8
Executive 2025-02-17 2025 Tourism, Arts and Heritage Cabinet Kentucky Department Of Parks Utilities And Heating Fuels Electricity 1836.6
Executive 2025-02-17 2025 Transportation Cabinet Department Of Highways Utilities And Heating Fuels Electricity 98.81
Executive 2025-02-14 2025 Transportation Cabinet Department Of Highways Utilities And Heating Fuels Electricity 8757.51
Executive 2025-02-13 2025 Cabinet of the General Government Department Of Military Affairs Utilities And Heating Fuels Electricity 8178.4

Sources: Kentucky Secretary of State