President to Member Roger G. Yoder
Why are Capital Credits Important?
Q&A Capital credits are something that is sometimes hard for our members to understand. They are a vital function and foundation of the cooperative business structure providing electricity to our member/owners at cost. To try to help you understand capital credits, I have prepared a Q&A on the subject.
WHAT ARE CAPITAL CREDITS?
An electric cooperative does not earn profits in the sense other businesses do. Instead, excess annual revenues remaining after all expenses have been paid, margins, are technically returned (allocated) to the members in proportion to their use of the co-op’s services. Think of it as an “I Owe You” since the allocation process is not a payment in cash. WHY ARE CAPITAL CREDITS IMPORTANT?
Probably the most distinctive element of what makes an electric cooperative different from the other types of electric utilities is patronage capital. Capital credit is one of the key advantages of being a member demonstrating member ownership.
WHAT DOES URE DO WITH CAPITAL CREDITS?
Capital credits are the most significant source of capital (cash) for most electric cooperatives and are used to help meet the expenses of the co-op, such as paying for new equipment to serve members, paying wages and repaying debt. Capital credits help keep rates at a competitive level by reducing the amount of funds that must be borrowed. WHAT’S THE DIFFERENCE BETWEEN ALLOCATED AND RETIRED CAPITAL CREDITS?
Allocated capital credits appear as an entry on the permanent financial records of URE and reflect the amount of your equity or ownership in URE. When capital credit is retired, a check is issued or a credit applied to a monthly invoice and your equity in URE is reduced. HOW DOES URE DETERMINE WHO RECEIVES CAPITAL CREDITS?
Capital credits are allocated to each member after the close of an operating year based on participation in the cooperative (how much electricity you purchased). The
In This Issue Change to Commercial Accounts
allocation method is based on the percentage of the annual revenue of each retail rate class to total system revenues. The assignment to each patron within the class is then based on kWhs purchased to total kWhs purchased for each rate class. HOW ARE CAPITAL CREDITS RECORDED?
Every member has a separate patronage capital credit account number specific to the member regardless of the number of electric accounts or the different rate class of the account that the member may have with URE. The capital credit allocation for each member is tracked by year and separated into distribution and generation amounts. HOW DO I KNOW HOW MUCH CAPITAL CREDITS I HAVE?
Each year within eight months after the close of an operating year (Dec. 31), URE provides notification of the prior year’s allocation of capital credit on the electric bill. The notification is broken down by distribution and generation amounts for that year and the total for each. This is printed on the member’s electric bill to reduce cost instead of a direct mailing.
(Continued on page 22)
Celebrating 30 years of service
Solve the mystery of Capital Credits unclaimed funds
Country Living/November 2009—21
President to Member (—continued from page 21) HOW ARE CAPITAL CREDITS DISBURSED? Every year the board of trustees determine if the co-op’s financial position permits the return, or retirement (cash payment), of capital credits and, if so, what amount of capital credits will be retired.
have their capital credit reallocated to the current members with the next allocation. 2. An inactive member with less than $100 can receive a voluntary special early retirement at a discounted rate.
members, discounting early retirement of capital credits reflect the net present value of making a capital credit retirement now that would otherwise be made at a later date. Or said another way, the value of the dollars they receive today is greater than the value those dollars would have if received some time later.
Q&A URE typically follows the FirstIn-First-Out (FIFO) method of retiring, or the oldest capital credit paid in is paid out first, but URE has also used a hybrid method combining FIFO with a small percentage of a more current year. This is done in an effort to demonstrate the cooperative difference to our less tenured members. URE may choose to apply the capital credit retirement to your account instead of cutting and mailing a check as a means to cut costs. DO MEMBERS RECEIVE INTEREST ON CAPITAL CREDITS?
Interest is not paid on capital credits per the cooperative’s Bylaws. If the cooperative were to pay interest, the money to pay that interest would have to be collected from the members through higher electric rates. WHAT HAPPENS WHEN A MEMBER MOVES OFF THE SYSTEM?
A member who terminates service no longer receives additional capital credit allocations. The balance in the member’s capital credit account is maintained until it is retired or paid in full through general retirements or to their estate. The exception to this is: 1. An inactive member with less than 12 months service and less than $20 total capital credits
3. An inactive member with a bad debt owed to URE will have their capital credit retired early at the discounted rate and applied against the bad debt.
4. If URE has authorized a general retirement and is unable to locate an inactive member after four years and with proper public published listing of these accounts, the capital credit is reallocated to the current members with the next allocation. It is very important that after you move off URE that the office is notified of your current address so you can receive future capital credit retirements. WHAT HAPPENS TO A MEMBERS CAPITAL CREDITS IF THE PERSON DIES?
If the membership is a joint membership, then the capital credits are transferred to the surviving spouse and the membership is converted to a single membership.
Capital credits in the member’s account belong to the member’s estate. In order to assist the member’s heirs in closing the estate, the capital credits are retired as a special early retirement. A representative of the estate must request the capital credits by submitting a copy of the death certificate and completing a request for payment form.
The heirs could decide to leave the capital credit with the cooperative and retire it at the normal retirement dates to receive 100 percent or at the non discounted amount. WHY ARE EARLY CAPITAL CREDITS RETIREMENTS TO ESTATES DISCOUNTED? In the interest of fairness to all
22—Country Living/November 2009
If capital credit is paid out early then URE has to replace the capital with other money at an approximate weighted cost of capital at 7.6 percent interest in the form of loans and member equity from retail rates.
From the board’s point of view, URE normally “holds” the members capital credits for approximately 20 years before returning the capital to pay for plant (poles, wire, transformers, etc.) reducing the need to borrow long term loan funds. Any early retirement therefore is discounted. HOW IS THE DISCOUNT RATE DETERMINED?
The discount rate for the early retirement of capital credit is the weighted average cost of the Debt Capital blended interest rate for all outstanding loans and the cost of Equity Capital based on the estimated compound growth rate in Net Utility Plant and a 20 Year Capital Credit rotation. DOES THE MEMBER HAVE TO REPORT CAPITAL CREDITS ON TAX RETURNS?
Capital credits are a return of money as an overpayment for electric service in a previous year and are not taxable. WHY DOES URE NOT CHARGE A LOWER RATE INSTEAD OF RETAINING CAPITAL CREDITS? The board of trustees has a fiscal responsibility to maintain the financial integrity of URE in a way that provides competitive rates, (Continued on page 22a)
Q&A President to Member
(—continued from page 22)
satisfies our lender requirements and allows for the return of capital credits to members. WHY ARE CAPITAL CREDITS IMPORTANT TO THE BOARD?
As a 501 (C) (12) electric cooperative under the Internal Revenue Code, the allocation and retirement of capital credit is one of the more important principals of operating as a not-for-profit electric cooperative business and crucial for maintaining income tax exempt status. WHY ARE CAPITAL CREDITS IMPORTANT TO THE MEMBERS?
Capital credits represent each member’s share of the cooperative’s margin and ownership of their cooperative.
first year URE made a margin. $65,000 was retired representing patronage capital earned for years 1943-1952.
WHEN DID URE BEGIN RETIRING PATRONAGE CAPITAL?
On May 20, 1936, URE was incorporated. The first patronage capital credit retirement began in 1969 as a special early retirement to the estates of deceased members.
On Dec. 12, 1981, the board adopted an Equity Development Plan including a program to begin a general retirement with the goal to reach a 20-year rotation cycle or, for example, retiring capital credits from 1989 in 2009.
The first general retirement was made in 1982 beginning with the
Board approves change to collect security deposits from commercial accounts
The board took action at the September board meeting to revise Section IX – Member Financial Security in the Terms and Conditions for Supplying Electric Service. The provision addressed by the board pertains to security for commercial threephase accounts. The purpose is to mitigate write-offs for bad debt by expanding the conditions for charging a security deposit which in the past was primarily collected at signup from accounts that could not meet the minimum financial credit score or provide appropriate proof of good credit. This action by the board is prompted by the following conditions: 1. The number of commercial accounts has increased dramatically from 150 to nearly 600 accounts in a short period of time, 2. The size of the load for many commercial accounts increased from the largest being a monthly demand of 100 kW to some accounts with loads between 750 to over 1,000 kW, 3. The amount of monthly billing for commerical accounts has increased dramatically some accounts are over $40,000 due to the magnitude of the load
The 20-year rotation was achieved in 1986 and later accelerated to a 15-year cycle in the late 1990s. Due to accelerated plant growth and demand for capital, the 15year rotation cycle is being moved back to the original 20-year general retirement rotation. HOW MUCH CAPITAL CREDITS HAS URE RETIRED?
Through the end of 2008, URE has paid back approximately $14,300,000 to our member/owners since it began retiring capital credits in 1969.
and higher retail rates and
4. The state of the economy.
Thus the economic risk to URE is much greater today for a commercial account leaving URE with a bad debt. As you probably know, bad debt is part of doing business and is a cost that all good paying members pay through retail rates. So, it is important that URE does everything it can within the rules to collect what is owed.
Therefore in addition to our current practice of charging a security deposit for commercial accounts at signup that cannot meet the minimum financial credit score or provide appropriate proof of good credit, URE will begin requiring a security deposit when a commercial account begins to pay late or has fallen behind on their account.The actual language approved by the board in the Terms and Conditions is as follows: Commercial/Industrial Security The Cooperative reserves the right to require a security deposit from a Member according to the Ohio Revised Code 4933.17. A deposit of 130 percent of the average monthly bill can be required if the customer (1) has not made timely payment two months in a row, (2) received a disconnect notice for nonpayment two or more times in the last twelve months, or (3) has been disconnected during the preceding twelve months. The change to the Terms and Conditions went into effect October 1, 2009.
Country Living/November 2009—22a
This is your life(at by Sue Gibson,
Have you ever read the book The Five People You Meet in Heaven by Mitch Albom? It’s a tale of one’s earthly life explained by five people who were interwined in it. These people may have been loved ones or strangers. Yet, each of them changed life’s path forever. John Gwynn will surely be one of those people. In the four years I have known him, he has influenced people who far *$# %$ $ surpass the borders of Union County. $ & #'
' & Maybe, it could be contributed to his wide array of interests and passions, maybe it’s because he’s been with Union Rural Electric, 30 years. Whatever it is, John Gwynn is one of these individuals, I believe, URE members should get to know.
In his line of work, John has many stories to share. While in the line of duty, John has been chased by cats, snakes, stung by bees and rescued a drunk driver out of a ditch. The job hazards are certainly increased due to the fact that John is highly allergic to just about everything from trees, bees and cats! Ironically, his favorite team is the North Union Wildcats.
22b—Country Living/November 2009
John has an overwhelming knowledge of any and all sports teams from local high school to pro teams. John can give you a play-by-play like no other! He has been an avid supporter of the North Union Wildcats since graduating from there in 1971. While attending, he participated in a wide variety of sports and continued his love for sports as a varsity, jv and middle school coach for football, baseball, softball and basketball. John also has been a game scout for these sports. In fact, John also designed the North Union Wildcat logo in 1996. In 1996, he was nominated by Tom Forman, the North Union High School principal, and awarded the Ohio High School Athletic State Award for exemplary contribution
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John began his URE career in 1978 in a tiny office on East Fifth Street, which is now the Kinnecto warehouse and office building. From that tiny warehouse to our new building, John Gwynn has had a front seat to the changes at URE. John began as a warehouseman. In 1980 he began as the * ( % " warehouse coordinator and purchasing agent and in 2000 became the staking engineer. He has seen three CEOs and a ) slew of board trustees come and go. Technology has been the biggest change. John says, “Staking sheets used to be done by hand, now I can just enter everything in my laptop.”
A few samples of John’s work include: North Union High School logo, Country Living Annual report 1991, pastel drawing
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and service at North Union. The award is for ethics, integrity and sportsmanship.
His love of the arts came from his mother. who also had a passion for fine arts and crafts. John attended Columbus College of Art and Design. He has since entered many art shows including the Ohio State Fair, Union County Fair and Richwood Fair, winning numer%" ( ) ( %"# ous awards and recognitions. #' $ % $ ( From 1993-1997, he & $ ' " ' designed the Annual Report covers for Country Living "$ $$ "+ magazine. His allergies, ) ( % ( again, forced him to trade his oil paints for colored pencils mand pastels.
His passion for life and making a difference came in 1987 when he was diagnosed with testicular and lymph node cancer. Needless to say, this was a very difficult chapter in his life. John says, “One day my parents came to me while I was in the hospital and told me they picked out their burial plots and got me one, too.” At that point, John $ " % says, his competitive spirit came through and he was determined to + beat cancer. %" After many surgeries and an entire year of chemotherapy, the doctors were amazed at his progress. At one point, he couldn’t control his muscles and was not able to speak, due to a lobe issue in his brain. John says, “Throughout the entire cancer ordeal, my URE family always supported me. I can remember Roger Yoder coming to visit me and I will never forget the look on his face. I was in really bad shape.” He was able to return to work and has been going full speed ever since.
John in the field, performing a meter locate for a URE member below: URE office buildings then and now
John continues to volunteer and make a difference everyday. Even after moving to Granville, he and his wife, Beth, a teacher at Granville High school for 31 years, continue to volunteer at their church, Richwood Church of Christ. They are involved in Friday “Fifth Quarter” parties for local teens and teaching Kindergarden Wee Worship Classes. They attend as many North Union sporting events as their schedule allows. John Gwynn has learned life is short, and his daily attitude is, “Don’t sweat the small stuff!”
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Country Living/November 2009—22c
Help Us Solve the Mystery of Capital Credit WE NEED YOUR HELP.
More than 1,150 people have patronage capital refunds from Union Rur anymore. As you read the list, think of relatives, friends, neighbors, even your company or business assoc Electric at 937-642-1826 or 800-642-1826.
ABB FLEXIBLE Automation ACCL ADAMS,HAROLD ADAMS, JEFFREY B ADAMS, JOSEPH ADAMS, RICKY L ADDIS, GENE ADELSBERGER,DAVIDE ADKINS, CARL AISEL, G R ALEXANDER,ALICE L ALKIRE, HELEN ALLAM. TOP SOILCO ALLEN, DANIEL L AMBOS, LYNNETTE L AMERINE, DIANE L AMIS, ROY ANDERSON, KEREN ANDREWS, ROBERT J ANGEL, SHAWNA ARMACOST, JOHN B ARMBRUSTER, DANIELS ARMSTRONG, CARLR ARNETT, JOSEPH M ARRASMITH, TERRY L ARTHUR, MONAL ARY, JAMES L ASBURY, BOBBY R ASBURY, RICHARD D ASHBROOK, TED W AULL, RICHARDJ AYRE, JOHN L BACHMANN, DALE BADGER EXCAVATING BAERTLEIN, DAWNA BAILEY, MATTHEW J BAILEY, NOREEN BAIRD, JOHN W BAKER,ALAN L BAKER, JEANA BAKER, KEVIN S BAKER, SCOTT R BAKER, STEVE BAKER, TRES BAKER, WESLEY BAKER CONCRETE CONST INC BALDWIN, SHANNON R BALLARD, DAVID D BALLENTINE, MICHAELV BALLING, TONY J BARKER, LINDAC BARLOW, KENNETH W BARNETT, DOUGLASA BARNUM, MICHAELJ BARR, GLENN H BARTELS, ROLAND E BARTLETT, KRISTIE BARTUNEK, GERALD E BARTUNEK, KATHLEEN R BAXTER, DAVID BEAVER, ROBERT D BECKER, ELAINE D BEENEY, BUD BEHLEY, KARA L BEIGEL, TAMMY
BEIGHTLER, JEANENE BEIL, LEONARDM BERTSCHE, BRIAN BETTS, STEVEND BICKHAM, MICHAEL BIEDENBACH, BRIAN BISHOP, STEVE BLAND, JOHN J BLEVINS, JOHN A BOGGS, CLAYTON BOGGS, GREGORYA BOHAM, JENNIFER BOLLACK, JOHN T BOSSE, LYNN L BOURKE, TIMOTHY M BOWERS, DARYLJ BOWMAN, RICHARD W BRADFORD, HAROLD BRADFORD, TAMMY BRADFORD, TERESA BRADLEY, JOHN K BRADY, MARTHAJ BRADY, WILLIAM M BRAKE, JEANETTE BRAY, DOTTIE BREECE, ILO BRENTLINGER RAY BRENZO,JR, STEVEN R BRICKER, DONALD C BRINGARDNERBRETT BROCK, SANDRAA BRODBECK, STEVE BROWN, JOHN R BROWN, LARRY M BROWN, RONALD G BROWN, STEVEN D BROWN, TONY BRUDER, SUSAN BRUNNER, BARRY BRYANT, GREGORYA BUCHER, ROBERT BUCHSIEB, MARK BUMGARNER, JAMES R BURKE, NICK BURNS III, JOHN R BURR, SARAH BURROUGHS, RICHARD BURSIK, MATTHEW J BURTON, PERRY W BUSCH BUILDERS INC BUTCHER, TAMIA BYMASTER, DARRIN E CAKSACKKAR, JAMES E CALDWELL,AMY K CALDWELL, MAX CAM TAYLOR COMPANY CAMPBELL, CRAIG E CAMPBELL, GERALDINE CAMPBELL, JOHN N CAMPBELL, MICHAELS CANTRELL, HELEN R CARAWAY, SUSAN CARDWELL, DONALD CARL, JOHN CARMICHAEL, BONNIE CARNES, LAKRINA
CUNNINGHAM, JERRY L CUSTER-SMITHCYNTHIA DAINS, LORI DAMRON, DENNIS R DANIEL, ELIZABETHA DARBYSHIRE, NILE J DAUGHERTY, DEANNAL DAVIDSON, KATHERINE DAVIS, JEFF DAVIS, JON T DAVIS, KA DAVIS, LINDA DAVIS, MARK DAVIS, MICHAELJ DAVISSON, JILL DAYTON-WALTHER CORP DBS DEVELPMNT CO INC DEARDORFF, CHARLES M DELUXE HOMES INC DENMAC COMPANY DENNEY, RICHARD N DETTRA, DONALD DETTY, J B DIALCONSTRUCTION DICKEN, DAVID A
EKMARK, DAVID ELLIOTT, LISA ELLIS, LUE ELSEAINC ELWOOD, BRYAN S EMMELHAINZ, JILL\A ENGEBRITSON MONTE EVANS, DAVID H EVANS, DONALD EVANS, KENNETH EVANS, ROBERT EVANS, WILLIAM G EVERETT, STUART EXLINE, MARTIN M FAGAN, JAMES R FAIRCHILD, PAULK FANNING, MADELINE L FAULK, RAY FAWCETT, BRAD L FEBUS, JENNIFER J FEE, MICHAEL S FEENSTRA, TIFFANY N FERNANDEZ, CAROL FERRELL, DEBORAH FERRELL, PAULM
GALEANO, MICHAELJ GANSHEIMER, KIRAM GARDINER, MICHAELC GARDNER, DONALD J GAVORCIK, MOLLY B GEBHARDT, LINDA GEIMAN, RONALD F GEMSTAR HOMES INC GILES, STEVEN GILKERSON, STEVEN E GILLFILLAN, JAY GILLUM, REBECCA GILMORE, BYRON K GINGERICH, CHRISTI GIZZI, MARIO GLOBALCOMPUTER SOLUTIONS GNADE, ROBERT M GOBROGGE,ALAN GOLDSMITH, PETER GOOTEE, WILLIAM D GORDON, PHILLIP R GOUTY, BEVERLY J GRAHAM, HAROLD GRAHAM, JAY
HALL, LAWRENCE B HALLEY, WILLIAM E HALLEY, WILLIAM P HAMILTON, CHAD HAMILTON, CHARLES HAMILTON, CHERYL HAMILTON, GARY HAMMONDS, JACKIE K HANEY, WILLIAM L HANGER, STEPHEN D HANUS, MICHAEL HARBOLD, LOUE HARDER KIEL, NARCI HARPER,ANGELAM HARRIS, CYNTHIAL HARRIS, DAVID W HARRIS, EDWARD C HARRIS, STEVE HARRISON, CHARLES HARTLEY, DEAN E HARVEY, F D HARVEY, MARGARETA HASSEL, LOUIS J HATFIELD, SHIRLEYA HAY, CHERYLA HAY, ED HAY, RAYMOND To HAY, SUSAN M receive your share of capital credits after you leave HAYWARD,AMY HEER, RICHARD J our lines, we need your current address. Update us HENRETTA, STEPHAN B each time you move so we won’t be looking for you! HENRY, LARRY K HENSEL, BOBBIL For more information, to update your address, or HEPPERLE, POK H HERRERA, TED R read the Code of Regulations, visit our web site at HERRON, BRENDA www.ure.com. HERRON, SAMUELL HICKEL, KEVIN L DICKERSON, MITCH FIELDS, EUGENE GRAHAM, KEITH W HILL, SUSAN K CONNETT, JAMES M FIELDS, TAMARAJ GRAHAM, ZOLA HINES, BILLY CONNOLLY, RAYMOND P DIEHL, BILL DIEHL, CARLA FINKS,ALMAL GRAY, CRISTY L HINES, DELVIN V CONRAD, MICHAELJ FISHER, BRIAN GREEN, CLINT HINES, MARYA CNTRCTRS UNLMTD INC DIENER, CHRISTINA DIETZ, MARK E FITZPATRICK, THOMAS Y GREEN, GREG HLAD, JEFFREY A COOKE, RANDALLS DILLENBECK, KEITH D FLADING, CHRISTINE GREENE, CRISTY M HODGES, CHARLES COOLEY, CAROLB DILLON, CHRIS FLAGSTONE GOLF GREENER, SHAWN HOFF, HARRY COONS, CAROLA DINNEEN EXCAVATING CO COURSE GREENLEE, SUSANNAM HOFFER, TIM COOPER, LON DINOPOULOS, MARC FLEISHMAN, BRUCE GREENWALT,LAWRENCEJ HOFFMAN, MARVIN COOPER, MELODY DISINSKI, FRANCIS J FLEMING, JEFFREY D GREMLER, HELEN HOFFMAN, ROBERT L COOTS, KENNETH R DODDS, JAMESI FLOYD, DARRYLM GREY, THOMASE HOLBROOK, WESLEY L COPAS, DEBORAH M DONALDSON, MARGARET FLOYD, DEANNA GRIEST, KENNETH R HOLEHOUSE, EDWARD G COUCH, CHARLES DOTSON, KIMBERLY S FORTIN, DANIELJ GRIEST, LORRAINE HOLLAM INTER-PRODCOUNTS, FRANKLIN L FOSTER, KATHRYN GRIFFITH, JACKIE UCTS INC COUNTY SAVINGS BANK DOUGLAS, GARY L DRAPER, DAVIDW FOSTER, TAMITHAJ GROVES,ABRAHAM L HOLLEY, FLOYD COUTTS, RICKYE DRUM, JAMIE L FOUR SEASONS GRUBER, CHARLESA HOLLINGSWORTH OUTCOX, O H DRUZBANSKI, MARIA FOUST, DARRELL GUETH, CHERYLL DOOR INC COX, RONALD DUBER, DAVID J FOX, HAROLD W GUY, LC HOLTSCHULTE STEVEN CRAIN, BRYAN DUFF, RANDY S FRAKER, ETHELM GYNN, MATTHEW M HOOPER, DAVID E CRAVER, PAUL L FRALEY, BOYCE HACKER, WILLIAM R HOOVER, JOHNNIE L CRAWFORDCNSTRCTNCO DUNCAN, E S DUTTA, SARBAJIT FRANK, PAULL HADDAD, RAYMOND HOOVER, WILLIAM D CREVISTON, R E DUTTON, JAMES L FRANKLIN, JOHN HAGER, GARY D HOSSLER, WILLIS CRISP, DAVID R E LPIPE INC FRAZIER, FLOYD S HAGER, GLENND HOSTETLER, RUTHA CROUSE, TRACY R EARNHEART, JOHN L FRAZIER, RALPH HAGER, MARYANN CUMMINGS, LORIA HOUSEHOLD BANK EASTWAY, ROBERT J FREDERICK, JAMESA CUMMINS, RUSSELLA HAINES,ARLETTA HOUSER, MICHAELJ EDWARDS, DAVID O CUMMINS, ZARRELL FREDERICK, ROBERT E HAINES, SHERI L HOWARD, SUSAN CUNNINGHAM,ANGELAM EGAN, DON R FULTON, SHERRI L HALEY, LOUIS B HUBSCHMAN, JEFFRYA CUNNINGHAM, JAMES R EICKEMEYER, RONALD L GABEL, JULIE HALL, CHRISTOPHER HUEY, DAVE CARPENTER, BRUCE CARPENTER, DAVID CARPENTER,KATHERINEA CARPENTER, MARY R CARROLL, PENNY S CATON, STEVEN G CHAFINS, RONALD E CHAMBERLAIN,DOUGLASF CHAMPAGNE-WEBBERINC CHANEY, SALINA CLARK, JAMES E CLEMONS, STEVEN B CLINE, W P CLUTCHEY, DAVE CLYDE, GENE F COBB, ROBERTW COCKLIN, PAUL COFFEY, WILLARD COFFMAN, KIM J COLEMAN, STEPHEN G COLLINS, DEREK COLVIN HAULAGE COMBS, RODNEY COMMERCIALCRRRS INC CONLEY,ARNOLD R
Once a member, always a member.
22d—Country Living/November 2009
HUGHES, BEVERLY HUGHES, DONALD E HUGHES, JEANINEA HUNT, EDWIN C HUNT, SCOTT E HUNTER, LINDA HURT, MARK HUSTON, EDITHG HUTCHINSON, FARRELLJ HUZJAK, KEVIN L IIAMS, DIANAL ILES, BRIAN S IMHOFF, HAROLDA INOUE, MASANORI INTERSTATE DSPLYS INC IRVINE, KEITH IRVINE, LISA IRWIN,AT ISAACS, LF JACKSON, BARABARA JACKSON, IRENE JACKSON, LARRY L JACKSON, ROBERT L JAMES, PAUL JAMESON, MITCHELLI JEANMOUGIN, DAVID T JENNE, PAULA JEWELL, JEFF R JOHNSON, CLIFF L JOHNSON, GROVER C JOHNSON, NORMAJ JOHNSON, S E JOHNSON, STEVEN D JOLLIFF, DUANEC JOLLIFF, HARLEY D JONES, CONNIEM JONES, H D JONES, JENNIFER M JONES, JOSEPH D JONES, JOSEPH H JONES, KENNETH E JONES, PAULB JONES, THOMAS W JONES, TIMOTHY J JORDAN, LEEA JORDAN, SCOTT JOYCE, DANIEL F JUNIPER, RONDA KAHLE, GLENN J KARN, ROBERTW KATER, GREGORY E KATER, ROLAND L KAUFMAN, JOHN L KAUFMAN, JOHN KAVANAUGH, JOHN T KEERAN, KEVINK KELLGREN, HOWARD C KELLY, PENNY M KELSEY, CHRIS KENNEY, BERNARD F KENT, COLLEENT KESSLER, JOSEPH W KEYES, KENNETH R KEYS, DIANE J KEYSTONE HOMES INC KIENZEL, CHARLES W
TRIC 800-642-182EC 6 RURAL EL
om Union Rural Electric waiting for them, but we don’t have their current address business associates. When you find someone you know, tell them to call Union Rural
Only the listed individual or a surviving heir may claim a refund. KING, DEEANN KING, DWIGHTA KING, JON KING, WILLIAM C KING THOMPSON/HLZER KINSEY, KIMBERLY F KIRBY, GARY F KISER, NANETTE S KISH, JAMES S KISS, LEROYA KITCHEN, CHRIS KITCHEN, OPAL KLINE, RICHARD KNIPP, COREY KOESTER, KIMISSAS KONKEL, SUSAN E KOVACS, HEATHER KOWAL, CZESLAW KRAJNIK, JAMES L KRATZER, RANDALLK KREAGER, DEAN A KUPKA, SIG G LACASABUILDERS INC LACEY, KEVIN D LACEY, RAYMOND H LAFLER, JOHN E LAGOS, THOMAS LANCASTER, MICHAELJ LANCE, SCOTT LANDIS, LYNN P LANDON, MELANIE LANDRUM, KIMBERLY LANE, RHONDAK LANECOR DEVCO INC LANKA, KENNETH LANSING, DARLENE LARSON, KEVIN D LATHROP COMPANY LAURENSON, BILL LAURIEN, PHILIP C LAWRENCE, JERRY W LAWRENCE, ROGER W LEACH, JOSEPHA LEACH, MRS LEROY LEARY, DEBORAHA LEE, JAE Y LEEDE PRODUCTS INC C LEHMAN, GARY LEIMENSTOLL, ROBERT L LEIPHART, TROY L LEMASTER, JEFFREY C LENKNER, OWEN L LENTZ, GARY W LEONARD, DONALD E LESTER, PAULM LEVAN, MILLARD L LEVENTRY, ROBERT M LEVERING, CHARLES LEVERING, MARTIN LEWANDOWSKI, JOSEPH LEWIS, FREDERICKA LEWIS, LLOYDA LIEDTKE, PATRICIAS LIPOVICH, STEPHEN R LIPP, KEVIN S LITTELL, MARTHA
MESSER, EDGEL LOGAN, HOMER J MESSER, FRANK LOGSDON, CHAD MESSER, SANDRAL LONES, JOSEPH MESSNER BUILDERS LONG, MICHAELK MEYERS, J D LONG, NIKKI N MICHAEL, TAMI LOPEZ, CLAUDIA MILBURN, FRANCES LORE, GWEN MILLER,ALINE LOVE, MICHAELA MILLER, DENNIS J LOWE, LYNNA MILLER, DIANE LOWRY, DAVIDA MILLER, JANICEK LYON, PETE E MILLER, MILES N LYONS, JANET MILLER, RICHARD W MACKEY, PHYLLIS MILLER, ROBERT L MADISON, JAMES E MILLER, ROSEA MAGANA, LOIS MILLER, SUSANL MAIER, MARKA MILLER, WANDAL MANNASMITH, TRACY L MILLS, HAROLD MANNING, DORRIS D MILLSPAUGH, RG MARCONET, MELVIN MINOR, CHRISTOPHER B MARION, SANDRAB MITA, TATSUHIKO MARTIN, DAVID P MOATS, JEAN E MARTIN, KELLY MONEYPENNY, PHILIP C MARTIN, KELLY K MOORE, CLAYTON MASONBRINK, DORAL MOREY, RODGER O MASTERS, GIGI MAUCK SPECIALVEHICLES MORGAN, DIANNE C MORGAN, THEODORE J MAURER, RICHARD MORLEY, BRUCE MAXTON, MICHAELJ MORRIS, CINDYL MAY, DAVID MOSS, MICHAEL MAYFIELD, BILLY D MAZZONE, SALVATORE N MOTZER, JAMESA MOYER, DEBORAH K MCBRAYER, BYRON MULLANGI, VAMISDHAR R MCCALLISTER, JODIE MCCAMMON, KENNETH W MURFIELD, PEG MURPHEY, JOHN D MCCARTHY, BRYAN L MCCLIMANS, CHARLSIE MURRAY, JOSEPH E MUSSEY, KEITH MCCLINSEY, DORIS MCCLINSEY, RICHARD L MUTERSPAUGH, STAN NAPIER, RACHEL MCCLOUD,TRAVIS S NARDI,AJ MCCLURE, CARL NEU, DENISE MCCOMAS, JAMES R MCCONNAHEA THERESAK NEWHART, DIANA NEWMAN, JOYCE MCCRARY, EDWARD G NICHOLS, CAROLYN J MCCREARY, BRENDAL MCDONALD, PATRICIAA NICOL, CATHY M NICOL, JEFF MCDONALD, ROBERT J NICOL, RALPH G MCELROY, RONALD D NILAND, RHONDAK MCEVOY, JAMES M OBERST, ROBERT C MCFARLAND, TODD M O'CONNORS, TIMOTHY P MCGATHA, MARK OGLESBEE, SHEILAA MCGEE, JERRIA OKEEFE, DANIELE MCGOVERN, LARRY OKEEFE, DIANAE MCKAY, NANCY OLDHAM, ROBERT L MCKEEN, WAYNE L OLIVER, SHAWNA MCKELLOP, TERRY J OLTESVIG, RENEE MCKINLEY, WILLIAM OMALLEY, MICHAELD MCKINNON, MICHAEL ONEALL, ROBERT K MCMAHAN, MARY H ORAHOOD, JULIAC MCPHETERS, JEWEL ORR, M PAULINE MCVEY,ANNE E MCVEY, ZACHARY JAMES OTTE, GERTRUDE I OVERLY, DONALD E MEEK, RAYMOND K OWEN, RUSTY G MEHRLE, ROSEM OWSLEY, CARON MEIER, GARY W PAGE, MARTHA MELFE, DAVIDA PALMISANO, S J MERZ, DAVID C
PARISH, LINDAS PARKER, DOUGLAS S PARKER, THOMAS V PARKS, CHUCK PARSLEY, DAVID H PARSONS, LOUELLAM PARTLOW, ROBERT E PASCHKE, GERALD PATEL, SUNILR PATTERSON, JAMES D PAUDICZ,ANTHONY J PAYNE,ARTHUR W PAYTON, JOEL PEAKE, SHEILA PENCE, TIMOTHY E PENCZEK, JACQUELYN PENHOS, J C PENIX, DAVID PEOPLES, TINA PETERS, DAVE PETERSON, DONALD J PETRICK, FRANK PHILLIPS, CARL D PIATT, WENDY K PICKLESIMER, LINDA PIERCE, WILLIAMA PIERRE, NANCYE PIERSOL, JOHN PIZZINO, WILLIAM J PLACE, KRISTA PLACE. PAULINEL PLACEK, RICHARD S POGANY, MICHAELW POLAND, LARRY POLING,ANNA POLING, MICHAELA POLING, SANDRAE POOLE, SHARON L POOLE, TODD L POSTLE, CAROLD POSTLE, CHARLES POTTER, KEVINL POTTS, REX PRESTON, MARGARETA PRICE, JEFFREY P PRICE, MARK H PRIME PERENNIALS INC PRIZZI, JOE QUEEN CITY INC QUICK, DANIEL R J METALS INC RAINES, BRENTE RALEY, WALLACE RAND, TAMI RANDLE, RONALD S RARDIN, DONN R RATLIFF, FRANK RAUSCH, FRED RAUSCH, MARGARET RAUSCH, STEPHEN C RE/MAX WINNERS RELTRS REDBIRD CENTRAL REDINGER, CRAIG REEBEL, JUDYA REED, JOAN M REED, MATT D
REEDER, WILLIAM G SEELY, BERNICE M REESE, SALLY SEMORE, GREGA. REINHART, RANDAL SEPTER, GILBERT REISINGER, MARCUS SETT-R-RITE RELIANT MECHANICALINC SEYED,ABDULRAHEEM RENCH, LEONARD SHAFFER STUCCO & STNE RENIER CONST CORP SHANER, LINDAS REYNOLDS, DALE L SHANK, CHRISTINE REYNOLDS, JULIAM SHANKLIN, JOHN RHINE, RANDY V SHARP, DELORES F RICE, PAULE SHEALY, CHRIS RICE, RONALD C SHECKLER, MARTYN RICHARD, DAVID C SHELDON, PAM RICHARDSON, JAMES R SHELLOILCOMPANY RICHARDSON, STEPHANIE SHELTON, SHARON RICHMOND, GARY SHEPARD, TAMIKO D RIEHLE, DANIELR SHIRK. FRIEDA I RIEHLE, TYREL E SHOULDICE, KENT RINE, JEFFREY A SHOWCASE HOMES RINESMITH, TRACY SHULER, RONALD E RITTENHOUSE, PAULE SIGNATURE BUILDERS RIVERA,ANGELO L SIMMONS, JENNIFER L ROBERTS, PAULA SIMPSON, MARK ROBERTSON, JOHN M SIMS,ANNIE ROBERTSON MARCIA SINDLEDECKER SHAWN,A ROBINETTE, CATHYS SITES, DONNA ROBINSON, J L SKEENS, VICKY ROBINSON, STANLEY E SKIDMORE, C D ROBISON, RONALDA SKIDMORE, KENNETH W RODABAUGH, MARGARET SMITH, BELINDAK ROLLINGS, BILLY H SMITH, DAVIDA ROLLINGS, BILLY H SMITH, DEBBIE RONGHI, WENDY SMITH, GARY C ROPP, DON SMITH, HAROLD J ROSE,AUGUSTJ SMITH, KATRINAL ROSS, CLYDE SMITH, KIMBERLY ROSS, TERESA L SMITH, LAWRENCE D ROSSOU, PHILLIP B SMITH, MARY G ROUNDY,ALICEH SMITH, ROBERTA ROYSTER, STEPHANIE L SNOOK, HAZEL RUSSELL, STEPHEN D SNYDER, JAMES W RUTAN,ANGELAL SNYDER, JENNY S & B FARMS SNYDER, TA SABINS, R C SOBEK, JIM SALYER, DEBORAH S SOLLARS, DARYLL SALYERS, RHONDA L SOLOCINSKI,ALAN SALYERS, ROBERT L SOMERLOT, MICHAELE SAMELSON DVELPMNT CO SOWARDS, BUDDY J SARBG MARYSVILLE LTD SPAIN, RICHARD D SASSEN, STEVEN SPANGLER, KELLY K SAUNDERS, RICK SPANSWICK, THOMAS W SAWABE, TETSUKI SPARLIN, DALE R SCHAFFER, ROBERT E SPEICHER, MECHELLE R SCHOBY, NICHOLE SPENCER, EUGENE W SCHOCK, KIRKA SPIRES, DIANE SCHULTE, THOMAS D SPLITT, CHRISTINE SCHULTZ, STACY SRMACK, JERRY P SCIOTO VALLEY SKEET SROUFE, GARYL SCOTT , NELLIE L STAECK, KEN SCOTT, PAUL STAFFORD, MARK SCOTT, PORTLAND S STEELE, SAMUELM SCRANTON, FRANCES L STEPHENS, RICHARD SECILIOT, PATRICIA STEVENSON, DARRELL SECREST, ROGER STEVENSON, TERRY L SECURITY PACIFIC STEWART, JOHN SEDLOCK, JOHN S STEWART, KENNETH R
STEWART, MICHELE STEWART, SCARLETTA STIDHAM, RICHARD S STIEGELMEYER,CHARLESR STINEMETZ, HAROLD STIRES, MICHAELL STISCHOK, CHERYL STONEBURNER, GREGG STONECO INC STONEROCK, SHARON STORY, TIFFANYA STOUT, JEFFREY W SULLIVAN FARMS SUTHERLAND, STEVEN D SUTTLE, ONEIDA SWAN, CLYDE SWART, REBECCAA TACKETT, KATHLEEN D TAILORED LAWN SERVICE TARQUINIO, JOHN TAYLOR, ERNESTG TAYLOR, JASONM TAYLOR, JOYCEA TEAL, DAVID TEMPLE, REVAR TERRY, MICHAELS TETERS, WARDM THACKREY, KRIS THOMAS, BONNIE L THOMAS, DALEA THOMPSON, DAVID E THOMPSON, RUSSELLG THOMPSON, TRACY L THOMPSON, WILLIE J THORBAHN, SHANE THROWER, LANEA THURMAN, GENEA TILLMAN, MICHAEL TODD, JACK R TODD, MARY E TOLAND, KAMI TOLAND, TAMARAR TOOPS, PHYLLISA TOSI, DONALD TOTTEN, RYAN TREADWAY, MARJORIE L TRENT, ROBERT TROUT, MICHAELA TRUSS-WORTHY INC TURNER, CHARLES TURNER, VIOLA TWIN VALLEY CNSTRCTN VALLAM, SURESH S VENKATARAJGOPAL,TADINADA VEST, FREDRICK L VIGAR, RICKY L VOWELL, CRAIGA VOWELL, DAVIDW VOWELL, GARYL WADE, SHERRIEA WALKER, WALDO F WALPER, DEBORAH WALTER, DEAN A WALTER, PAULAJ WALTERS, STEPHENA WALTERS, STEVE
WANAMAKER, DAVID L WARD, KEN WARNEKE, JOHN WATKINS, BRIAN H WATKINS, F S WATSON, DARLENE WEIKLE, CHRISTOPHER WEISENBACH, JOSEPH M WELCH, FLORENCE WELDON, DONALD F WELLER, PEGGY WELSH, JAMESP WEST, SAMUELB WHEELER, JAMES WHITE,ALMA WHITE,ALVIN WHITE, BROOK E WHITE, JAMES E WHITECO METROCOM WHITEMAN, LARAC WIDMAN, CHARLES G WIERTEL, MARI WIFORD, NATHANA WILLIAMS, JAMES H WILLIAMS, KACEY WILLIAMS, LUKEA WILLIAMSON, FRED WILLIS, EDWARD WILSON, DAVID E WILSON, GREGORY L WILSON, LLOYDC WILSON, RANDY WIMMERS, JAMES E WINDSOR HOMES WINGFIELD, THOMASA WINLAND, LYLE E WIRELESS ONE WORLD WISH, WENDY WOLF, NANCY WOLFE, CHRISTINA WOLFE, HARRYR WOLFE, TABITHA WOLFORD, KAY WOLFREY, AD WOLFREY, ALBERT D WOODRUFF, JAMES S WORTHINGTON, JEFFREY B WOTEN, DOROTHY G WRIGHT, PHILIPM WYGAL, EDWARD L WYGAL, RICHARD WYGLE, DARREN P YEAMANS, ROBERT E YORK, KANDACE YOUNG, ANN E YOUNG, FRED E YOUNG, JAMES M YOUNG, KELLYA YOUNG, STACI L YOUNGBERG, DREW R YUNKER, ROBERT C ZIEGLER, JAMES E ZIENTEK, BENJAMIN ZIPF, JACK E ZWIRNER, CHRIS H
Country Living/November 2009—23
Credits Unclaimed Funds
TO HELP US LOCATE THE MISSIN G, CALL UNIO N
URE Community Update
The September meeting reviewed three new applications, two were assisted. Both of these were for organizations. The Union County Emergency Services Assoication received $800 for its training program. Project Linus requested $1,000 for materials to make and distribute blankets. All funds to be used in Union County. Total disbursments for the month totalling $1,800.
Employees have been busy this past month, participating in various community activities. The Union County YMCA sponsored its annual Community Challenge event. URE participated in 11 challenges. URE had 23 participants and volunteers. The Red Cross Blood Drive was held in the URE multi-purpose room Sept. 23. Check our Web site for the next date and time. Union County readers of the Marysville Journal Tribune voted URE as the “Best Utility” in Union County. Thanks to all our members who voted. We appreciate the support.
MARIE WOODFORD- MJT
PHOTO COURTESY OF YMCA
Linda O’Brien replaced Dave Scott on the Round-Up Board effective Oct. 1. Bill Thamen will assume the role of chairman.
Dan and Alicia Bosch register for the 5K run. When all the points were tallied, the URE team placed fourth out of seven teams in Division 1.
Employees from our Member Services and Operations departments take time out for a photo. Front row: Nicole West, Cindy Stoppa, Amy Pack, Sue Rowlett, Omar Diehl Back row: TR Murray, Dan Springer, Marty Nicol, Sean Luellen, Brian Lewis, John Gwynn, Ken Parrish, Beau Michael, Jeff Brown and Darin Devore.
Happy Thanksgiving UNION RURAL ELECTRIC WILL BE
Thursday ~ November 26 Friday ~ November 27
UNION RURAL ELECTRIC COOPERATIVE, INC. 15461 US Route 36 P.O. Box 393 Marysville, Ohio 43040 937-642-1826 1-800-642-1826 Fax 937-644-4239 WWW.URE.COM 24—Country Living/November 2009
OFFICE HOURS Monday - Friday 8:00 am to 5:00 pm Drop box available for after hours payments. LOCAL CONNECTIONS
VP Communications & Marketing
Communications & Marketing Specialist
PRESIDENT Roger G. Yoder BOARD OF TRUSTEES Jeff Wilson, Chair Jeff Reinhard, Vice Chair Patricia Baker, Secretary Bill D’Onofrio, Treasurer Dr. Garnard Boner Dale Scheiderer David Thornton