#418 of 500 · Member & Benefit Funds

South Central Power Company

EIN 31-4311730 · OH · NTEE n/a · Form 990, fiscal 2023

A member-owned electric distribution cooperative founded in 1936. It delivers electricity to more than 125,000 residential, commercial and industrial member-consumers across 24 Ohio counties, and also offers fiber internet service (connectSCP). Governed by a member-elected board of trustees, it emphasizes safe, reliable, affordable service and community support.

Financials, fiscal 2023

Revenue

$368.9M

Expenses

$368.9M

Total assets

$794.7M

Net assets

$347.8M

Operating margin

0.0%

1-year growth

-0.1%

5-year growth (CAGR)

3.6%

Reserve (years of spending)

11.3

Contributions share

n/a

Programme spending

99.2%

Fundraising cost

n/a

Executive pay share

0.86%

Employees

267

Revenue per employee

$1.4M

Grants paid

$17K

Years filing

86

NFP Health Score: 74 / 100

Financial 53 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To add value to the lives of members by delivering safe and dependable electric service, with a focus on value and affordability.

Revenue history