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LORAIN-MEDINA RURAL ELECTRIC COOP INC
LORAIN-MEDINA RURAL ELECTRIC COOP INC
OH · EIN 340365430
30
Executives Disclosed
$50.6M
Annual Revenue
$122.9M
Total Assets
1.5:1
Internal Pay Ratio
LORAIN-MEDINA RURAL ELECTRIC COOP INC has 30 executives with disclosed compensation. The highest-paid executive, Edward Vanhoose (PRESIDENT/CEO), received peak total compensation of $393,465.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Edward Vanhoose | PRESIDENT/CEO | $393K | $310K | 2019–2024 | 5.2x |
| James Brasee | OPERATIONS MANAGER | $242K | $242K | 2023–2024 | 3.2x |
| Brad Warnement | CHIEF OPERATING OFFICER | $223K | $223K | 2022–2024 | 3x |
| Timothy Rising | OPERATIONS MANAGER | $209K | $209K | 2020–2021 | 2.8x |
| Colleen Anthony | ACCOUNTING MANAGER | $202K | $202K | 2023–2024 | 2.7x |
| Michael Kelsey | LINEMAN | $160K | $160K | 2022–2024 | 2.1x |
| Nicholas Smith | LINEMAN | $154K | $154K | 2022–2024 | 2.1x |
| Clint Slavec | LINEMAN | $148K | $0 | 2023–2023 | 2x |
| Ashtin Plant | LINEMAN | $145K | $0 | 2023–2023 | 1.9x |
| Joell Miller | LINE FOREMAN | $139K | $0 | 2023–2023 | 1.9x |
| Joel Miller | LINEMAN | $138K | $0 | 2022–2024 | 1.8x |
| Lucas Stone | LINEMAN | $129K | $0 | 2022–2022 | 1.7x |
| Joshua Long | CHIEF FINANCIAL OFFICER | $112K | $0 | 2024–2024 | 1.5x |
| James Spears | LINEMAN FOREMAN | $112K | $0 | 2020–2020 | 1.5x |
| Andrew Ruffing | CHIEF ADMINISTRATIVE OFFIC | $106K | $0 | 2023–2024 | 1.4x |
| Justis Clifford | CHIEF STRATEGY OFFICER | $104K | $0 | 2023–2024 | 1.4x |
| Kristine Dawson | DIRECTOR OF FINANCE & ACCO | $104K | $0 | 2019–2021 | 1.4x |
| Rodney Eaton | CHAIR | $23K | $0 | 2019–2024 | 0.3x |
| Gary Rowland | VICE CHAIR | $17K | $0 | 2019–2024 | 0.2x |
| Judy Pickworth | DIRECTOR | $15K | $0 | 2019–2024 | 0.2x |
| James McConnell | DIRECTOR | $13K | $0 | 2019–2024 | 0.2x |
| Joseph Swinko | DIRECTOR | $12K | $0 | 2019–2024 | 0.2x |
| Kenneth Diedrick | DIRECTOR | $12K | $0 | 2022–2024 | 0.2x |
| Keith Lowe | TREASURER | $12K | $0 | 2019–2024 | 0.2x |
| Brenda Wolfe | SECRETARY | $12K | $0 | 2019–2024 | 0.2x |
| Richard Indoe | DIRECTOR | $11K | $0 | 2019–2022 | 0.1x |
| Richard Dumperth | DIRECTOR | $8K | $0 | 2022–2024 | 0.1x |
| Kathleen Norton-Fox | TRUSTEE | $8K | $0 | 2019–2021 | 0.1x |
| Brady McCann | DIRECTOR | $4K | $0 | 2024–2024 | 0.1x |
| Kathleen Norton Fox | DIRECTOR | $4K | $0 | 2022–2022 | 0.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2019 | 11 | $222K | $222K | $222K |
| 2020 | 13 | $219K | $251K | $437K |
| 2021 | 12 | $259K | $309K | $518K |
| 2022 | 17 | $225K | $225K | $225K |
| 2023 | 18 | $248K | $393K | $991K |
| 2024 | 20 | $215K | $310K | $1.3M |
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