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School & Municipal Energy Cooperative Of Wny

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161556349 ✦ West seneca, NY ✦ Designated as a 501(c)(3)

Overview

What is School & Municipal Energy Cooperative Of Wny?

The School & Municipal Energy Cooperative of Wny, based at 355 Harlem Road, West Seneca, New York 14224, is a nonprofit organization dedicated to offering energy services for municipal corporations. With a mission to provide low-cost gas and electric, they have assisted 92 municipal entities in their energy needs. The Cooperative's primary activity revolves around enhancing energy solutions for these municipal corporations.


Is School & Municipal Energy Cooperative Of Wny legitimate?

School & Municipal Energy Cooperative Of Wny is a legitimate nonprofit organization registered as a 501(c)(3) entity. School & Municipal Energy Cooperative Of Wny submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of School & Municipal Energy Cooperative Of Wny?
Who is the CEO of School & Municipal Energy Cooperative Of Wny?
What is the revenue of School & Municipal Energy Cooperative Of Wny?
Who are the executives of School & Municipal Energy Cooperative Of Wny and what are their salaries?
Where can I find the form 990 for School & Municipal Energy Cooperative Of Wny?

Mission Statement of School & Municipal Energy Cooperative Of Wny

The School & Municipal Energy Cooperative of Wny, with its mission to provide energy services for municipal corporations, plays a vital role in supporting the energy needs of these organizations. In simple terms, this nonprofit cooperative offers affordable gas and electric solutions to 92 municipal corporations.

By focusing on energy services for municipal corporations, the School & Municipal Energy Cooperative of Wny ensures that these essential organizations can effectively manage their energy costs, enabling them to allocate resources more efficiently towards their primary goals. The cooperative's commitment to providing low-cost energy solutions enables these municipal corporations to operate more sustainably, contributing to their overall financial stability and long-term success.

Moreover, the School & Municipal Energy Cooperative of Wny's dedication extends beyond just offering energy services. By collaborating with municipal corporations, the cooperative fosters partnerships that ultimately benefit the communities these organizations serve. Through this collaboration, municipal corporations can make informed decisions regarding their energy usage, potentially contributing to energy conservation efforts and a greener future.

Impact

This information is meant to be a general summary of School & Municipal Energy Cooperative Of Wny. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The School & Municipal Energy Cooperative of WNY has had a significant impact by providing energy services for 92 municipal corporations. By offering low-cost gas and electric options, this cooperative has helped these municipalities save money on their energy expenses. This, in turn, allows these public entities to allocate more resources towards serving their communities and achieving their respective missions.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18,394
  • Program Service Revenue: $18,382,794
  • Gross Receipts: $18,401,188

    • Assets and Liabilities:
  • Total Assets: $5,035,639
  • Total Liabilities: $1,695,724
  • Net Assets: $3,339,915
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GAS REVENUE

    Revenue

    $7,355,600

    ELECTRIC REVENUE

    Revenue

    $9,775,892

    ADMINISTRATIVE REVENUE

    Revenue

    $288,584

    RESERVE REVENUE
    CLEAN ENERGY STANDARD - ELECTRIC

    Revenue

    $962,718

    Organization Details

    Founding Year

    1998

    Principal Officer

    Jim Fregelette

    Main Address

    355 HARLEM ROAD, WEST SENECA, NY, 14224

    NTEE Category

    Code: W800 - Public benefit

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