Civic Intelligence

Firelands Electric People Fund Inc

EIN 34-1788501 • 501(c)3 • New London, OH

Profile

Firelands electric people fund, inc. Was organized by the trustees of firelands electric cooperative, inc. For the purpose of accumulating and disbursing funds for charitable purposes within the service area of firelands electric co-op., inc. The funds that make up the 46,959 shown on line 1 were accumulated by rounding up the electric bills of firelands electric co-op., inc. Consumers to the next highest dollar. There were approximately 7,828 consumers of firelands that were participating in the "people fund" as of december 31, 2023. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people fund".

103 Industrial DrNew London, OH 44851

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

51st percentile

2.1%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

67th percentile

9.1%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

7.0%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$16,770

Up $1,405 (+9.1%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$16,770

Up $1,405 (+9.1%) from 2023

Revenue

Up

$68,406

Up $4,446 (+7.0%) from 2023

Expenses

Up

$67,001

Up $6,246 (+10%) from 2023

Net Income

Down

$1,405

Down $1,800 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2012: $21,949Net Assets 2012: $21,9492012Assets 2013: $10,893Net Assets 2013: $10,8932013Assets 2014: $12,069Net Assets 2014: $12,0692014Assets 2015: $14,723Net Assets 2015: $14,7232015Assets 2016: $11,505Net Assets 2016: $11,5052016Assets 2017: $13,105Net Assets 2017: $13,1052017Assets 2018: $15,917Net Assets 2018: $15,9172018Assets 2019: $19,862Net Assets 2019: $19,8622019Assets 2020: $13,473Net Assets 2020: $13,4732020Assets 2021: $10,182Net Assets 2021: $10,1822021Assets 2022: $12,160Net Assets 2022: $12,1602022Assets 2023: $15,365Net Assets 2023: $15,3652023Assets 2024: $16,770Net Assets 2024: $16,7702024

Highlighted filing

2024

Assets$16,770
Liabilities-
Net Assets$16,770

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KRevenue 2012: $45,404Expenses 2012: $42,689Net Income 2012: $2,7152012Revenue 2013: $54,633Expenses 2013: $65,689Net Income 2013: -$11,0562013Revenue 2014: $53,434Expenses 2014: $52,258Net Income 2014: $1,1762014Revenue 2015: $53,583Expenses 2015: $50,929Net Income 2015: $2,6542015Revenue 2016: $54,073Expenses 2016: $57,291Net Income 2016: -$3,2182016Revenue 2017: $58,350Expenses 2017: $56,750Net Income 2017: $1,6002017Revenue 2018: $59,792Expenses 2018: $56,980Net Income 2018: $2,8122018Revenue 2019: $60,845Expenses 2019: $56,900Net Income 2019: $3,9452019Revenue 2020: $61,271Expenses 2020: $67,660Net Income 2020: -$6,3892020Revenue 2021: $62,084Expenses 2021: $65,375Net Income 2021: -$3,2912021Revenue 2022: $62,209Expenses 2022: $60,231Net Income 2022: $1,9782022Revenue 2023: $63,960Expenses 2023: $60,755Net Income 2023: $3,2052023Revenue 2024: $68,406Expenses 2024: $67,001Net Income 2024: $1,4052024

Highlighted filing

2024

Revenue$68,406
Expenses$67,001
Net Income$1,405

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 22, 2025
Return Version
2024v5.0
Gross Receipts
$68,406
Mission and Program Overview

Mission

Firelands electric people fund, inc. Was organized by the trustees of firelands electric cooperative, inc. For the purpose of accumulating and disbursing funds for charitable purposes within the service area of firelands electric co-op., inc. The funds that make up the 54,073 shown on line 1 were accumulated by rounding up the electric bills of firelands electric co-op., inc. Consumers to the next highest dollar. There were 7,493 consumers of firelands that were participating in the "people fund" as of december 31, 2016. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people fund".

Firelands electric people fund, inc. Was organized by the trustees of firelands electric cooperative, inc. For the purpose of accumulating and disbursing funds for charitable purposes within the service area of firelands electric co-op., inc. The funds that make up the 47,226 shown on line 1 were accumulated by rounding up the electric bills of firelands electric co-op., inc. Consumers to the next highest dollar. There were approximately 7,880 consumers of firelands that were participating in the "people fund" as of december 31, 2024. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people fund".

Program Services

DescriptionGrantsExpenses
SEE ATTACHED SCHEDULE$45,821$45,821
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE WALTERSPresident-$0--
CHERI RAPHAELVice Preside-$0--
MARY REESSecretary/Tr-$0--
KENNETH SHUCKTrustee-$0--
RENEE HICKSTrustee-$0--
EVAN HAHNTrustee-$0--
DON HITETrustee-$0--
DONNA WOODWORTHTrustee-$0--
STEVE ARONTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Firelands Electric People Fund Inc
EIN
34-1788501
Phone
4199291571
Address
103 INDUSTRIAL DR, NEW LONDON, OH 44851

Signing Officer

Name
Mary Rees
Title
Secretary/treasurer
Phone
4199291571
Signed
2025-09-22
Discuss with paid preparer
Yes

Preparer

Firm
Bhm CPA Group Inc
Address
PO BOX 875, CIRCLEVILLE, OH 43113-0875
Preparer
Ryan C Hixenbaugh CPA
Phone
7404745210
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: new london lifewise academy address: po box 1179 hilliard, oh 43026 cash contribution: 9,095 name: new london recreational parks address: 2 blake st new london, oh 44851 cash contribution: 9,800

Form 990-ez, Part I, Line 16

Expenses administrative & general 21,180 total 21,180

Form 990-ez, Part III

Firelands electric people fund, inc. Was organized by the trustees of firelands electric cooperative, inc. For the purpose of accumulating and disbursing funds for charitable purposes within the service area of firelands electric co-op., inc. The funds that make up the 47,226 shown on line 1 were accumulated by rounding up the electric bills of firelands electric co-op., inc. Consumers to the next highest dollar. There were approximately 7,880 consumers of firelands that were participating in the "people fund" as of december 31, 2024. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people fund".

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/PrimaryExemptPurposeTxt0FIRELANDS ELECTRIC PEOPLE FUND, INC. WAS ORGANIZED BY THE TRUSTEES OF FIRELANDS ELECTRIC COOPERATIVE, INC. FOR THE PURPOSE OF ACCUMULATING AND DISBURSING FUNDS FOR CHARITABLE PURPOSES WITHIN THE SERVICE AREA OF FIRELANDS ELECTRIC CO-OP., INC. THE FUNDS THAT MAKE UP THE 47,226 SHOWN ON LINE 1 WERE ACCUMULATED BY ROUNDING UP THE ELECTRIC BILLS OF FIRELANDS ELECTRIC CO-OP., INC. CONSUMERS TO THE NEXT HIGHEST DOLLAR. THERE WERE APPROXIMATELY 7,880 CONSUMERS OF FIRELANDS THAT WERE PARTICIPATING IN THE "PEOPLE FUND" AS OF DECEMBER 31, 2024. AN EXAMPLE OF THIS PARTICIPATION IS: A CONSUMER'S ELECTRIC BILL IS 79.79. THE BILL IS ROUNDED UP TO 80.00 WITH .21 GOING INTO THE "PEOPLE FUND".
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: NEW LONDON LIFEWISE ACADEMY ADDRESS: PO BOX 1179 HILLIARD, OH 43026 CASH CONTRIBUTION: 9,095 NAME: NEW LONDON RECREATIONAL PARKS ADDRESS: 2 BLAKE ST NEW LONDON, OH 44851 CASH CONTRIBUTION: 9,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADMINISTRATIVE & GENERAL 21,180 TOTAL 21,180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FIRELANDS ELECTRIC PEOPLE FUND, INC. WAS ORGANIZED BY THE TRUSTEES OF FIRELANDS ELECTRIC COOPERATIVE, INC. FOR THE PURPOSE OF ACCUMULATING AND DISBURSING FUNDS FOR CHARITABLE PURPOSES WITHIN THE SERVICE AREA OF FIRELANDS ELECTRIC CO-OP., INC. THE FUNDS THAT MAKE UP THE 47,226 SHOWN ON LINE 1 WERE ACCUMULATED BY ROUNDING UP THE ELECTRIC BILLS OF FIRELANDS ELECTRIC CO-OP., INC. CONSUMERS TO THE NEXT HIGHEST DOLLAR. THERE WERE APPROXIMATELY 7,880 CONSUMERS OF FIRELANDS THAT WERE PARTICIPATING IN THE "PEOPLE FUND" AS OF DECEMBER 31, 2024. AN EXAMPLE OF THIS PARTICIPATION IS: A CONSUMER'S ELECTRIC BILL IS 79.79. THE BILL IS ROUNDED UP TO 80.00 WITH .21 GOING INTO THE "PEOPLE FUND".
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum04199291571
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRELANDS ELECTRIC PEOPLE FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0FIRE
ReturnHeader/Filer/EIN0341788501
ReturnHeader/Filer/PhoneNum04199291571
ReturnHeader/Filer/USAddress/AddressLine1Txt0103 INDUSTRIAL DR
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ReturnHeader/PreparerPersonGrp/PhoneNum07404745210
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN C HIXENBAUGH CPA
ReturnHeader/ReturnTs02025-09-26T08:50:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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