Overview
What is Mcdonough Power Cooperative Inc?
Mcdonough Power Cooperative Inc is a locally controlled cooperative business based in Macomb, Illinois. With a mission to serve, they provide electric power to approximately 5,000 households and businesses in parts of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler, and Warren counties in west-central Illinois. As a member-owned organization, their primary goal is to ensure the delivery of safe, reliable, and financially responsible electric and related services. Their team, comprised of 18 employees, works diligently to better the lives of their members and the surrounding community. Mcdonough Power Cooperative is committed to maintaining high standards in all aspects of their operations, with a focus on delivering quality electric services to enhance the overall well-being of their membership.
Official website here: www.mcdonoughpower.com
Is Mcdonough Power Cooperative Inc legitimate?
Mcdonough Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mcdonough Power Cooperative Inc 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $465,966
Professional Fundraising Fees: $0
Other Salaries and Wages: $802,876
For more financial information, click here
Official website here: www.mcdonoughpower.com
What is the mission statement of Mcdonough Power Cooperative Inc?
Mcdonough Power Cooperative is a locally controlled and member-owned business with a mission to deliver high-quality electric and related services in a safe, reliable, and financially responsible manner. This cooperative prioritizes the well-being of its membership and the served area by providing electric power to over 5,000 households and businesses in parts of several Illinois counties. By focusing on the betterment of its community, Mcdonough Power Cooperative ensures a sustainable, dependable energy supply, enhancing the quality of life for its members.
Official website here: www.mcdonoughpower.com
Who is the CEO of Mcdonough Power Cooperative Inc?
Robert M Smith is the President & of Mcdonough Power Cooperative Inc.
Official website here: www.mcdonoughpower.com
What is the revenue of Mcdonough Power Cooperative Inc?
Mcdonough Power Cooperative Inc's revenue in 2022 was $12,205,957.
Official website here: www.mcdonoughpower.com
Who are the executives of Mcdonough Power Cooperative Inc and what are their salaries?
The average compensation at Mcdonough Power Cooperative Inc during 2022 was $70,491. There are 18 employees at Mcdonough Power Cooperative Inc.
Here are 16 key members and their salaries:
- Robert M Smith (President &)
- Doug Bear (Line Superin)
- Jamison Holthaus (Journeyman L)
- Joseph Wernsman (Journeyman L)
- Clay Wiemerslage (Journeyman L)
- Brandon Cousins (Journeyman L)
- Tracy Camden (Finance & Ac)
- Steve Hall (Director)
- Jerry Riggins (Director)
- Walter Lewis (Director)
- Jeffrey Moore (Director)
- David Lueck (Director)
- Steven Lynn (Director)
- Courtney Chandler (Director)
- Michael Cox (Director)
- Robert Dwyer (Director)
Official website here: www.mcdonoughpower.com
Where can I find the form 990 for Mcdonough Power Cooperative Inc?
The Mcdonough Power Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mcdonoughpower.com
Learn more at the official website: www.mcdonoughpower.com
Mission Statement of Mcdonough Power Cooperative Inc
Mcdonough Power Cooperative, a member-owned and locally controlled cooperative business, is dedicated to providing high-quality electric and related services in a safe, reliable, and financially responsible manner. The cooperative's ultimate goal is to enhance the livelihoods of its membership and the area it serves.
With a commitment to delivering top-notch electric power, Mcdonough Power Cooperative ensures the provision of electricity to over 5,000 households and businesses across portions of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler, and Warren Counties in west-central Illinois. The cooperative's mission is rooted in accountability and community involvement, as it is owned and governed by the very people it serves. This local control ensures that the power needs of the community remain at the forefront of the cooperative's operations.
Mcdonough Power Cooperative's priority lies in maintaining a safe and reliable electrical system for its members. By adhering to the highest standards of safety and reliability, the cooperative fosters a sense of trust and confidence within its community. Furthermore, the cooperative's financial responsibility is a testament to its long-term commitment to the betterment of its membership. With a focus on efficiency and sustainability, Mcdonough Power Cooperative continues to serve as an essential provider of electric power for generations to come.
Impact
This information is meant to be a general summary of Mcdonough Power Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Mcdonough Power Cooperative Inc plays a crucial role in providing high-quality electric and related services to over 5,000 households and businesses in portions of Illinois. By ensuring a safe, reliable, and financially responsible supply of electricity, Mcdonough Power Cooperative positively impacts the quality of life for its members and the areas it serves.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$11,494,212
CAPITAL CREDITS
Revenue
$564,759
MISCELLANEOUS ELECTRIC
Revenue
$56,606
Organization Details
Founding Year
1938
Phone
(309) 833-2101
Principal Officer
Robert M Smith
Main Address
1210 W JACKSON STREET, MACOMB, IL, 61455
Website
www.mcdonoughpower.com
NTEE Category
Code: W80Z - Public benefit
If you are a representative of Mcdonough Power Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.