Ozark Border Electric Cooperative Inc

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

EIN: 430445644 ✦ Poplar bluff, MO ✦ Designated as a 501(c)(12)

Overview

What is Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc is a nonprofit organization based in Poplar Bluff, Missouri. With a team of 107 employees, their mission is to ensure member satisfaction by delivering safe, reliable, and economically feasible electric power. Their core activity involves providing dependable electric service to their members at the most affordable price possible. The cooperative does not report any program service expenses in their filings.


Official website here: www.ozarkborder.org

Is Ozark Border Electric Cooperative Inc legitimate?

Ozark Border Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ozark Border Electric 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: $766,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,614,313

For more financial information, click here


Official website here: www.ozarkborder.org

What is the mission statement of Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc is committed to delivering reliable electric service to its members at the most economically feasible price. The cooperative prioritizes member satisfaction by ensuring the provision of electricity in a safe and efficient manner. Notably, the organization does not incur expenses classified as program service costs. In essence, Ozark Border Electric Cooperative Inc focuses on delivering affordable, dependable electricity to its members.


Official website here: www.ozarkborder.org

Who is the CEO of Ozark Border Electric Cooperative Inc?

David Schremp is the General Manager of Ozark Border Electric Cooperative Inc.


Official website here: www.ozarkborder.org

What is the revenue of Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc's revenue in 2022 was $30,789,906.


Official website here: www.ozarkborder.org

Who are the executives of Ozark Border Electric Cooperative Inc and what are their salaries?

The average compensation at Ozark Border Electric Cooperative Inc during 2022 was $78,323. There are 107 employees at Ozark Border Electric Cooperative Inc.

Here are 19 key members and their salaries:

    David Schremp (General Manager)
  • Compensation: $197,965
  • Related: $0
  • Other: $53,307

    • John Walker (Engineering Manager)
  • Compensation: $119,263
  • Related: $0
  • Other: $42,570

    • Hollye Abner (Manager - Finance & Accounting)
  • Compensation: $118,274
  • Related: $0
  • Other: $40,790

    • Jason Sisk (Journeyman Lineman)
  • Compensation: $117,574
  • Related: $0
  • Other: $14,872

    • Dustin Prater (Crew Foreman)
  • Compensation: $116,851
  • Related: $0
  • Other: $15,555

    • Randy Hager (Service Forman)
  • Compensation: $116,301
  • Related: $0
  • Other: $15,059

    • Corbin Inman (Crew Foreman)
  • Compensation: $115,129
  • Related: $0
  • Other: $15,555

    • Franklin Atchison (Board President) [Trustee/Director]
  • Compensation: $22,000
  • Related: $0
  • Other: $0

    • Bill Hager (Board Member) [Trustee/Director]
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Gary Melton (Board Member) [Trustee/Director]
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Curtis Clark (Board Member) [Trustee/Director]
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Greg Lintz (Board Member) [Trustee/Director]
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Bill Crawford (Board Member) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Judy Lunsford (Board Vice President) [Trustee/Director]
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • James Chad Parker (Board Member) [Trustee/Director]
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Jim Hover (Board Member) [Trustee/Director]
  • Compensation: $17,500
  • Related: $0
  • Other: $0

    • Dewayne Ligons (Board Secretary/Treasurer) [Trustee/Director]
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Jordan Collins (Board Member) [Trustee/Director]
  • Compensation: $13,500
  • Related: $0
  • Other: $0

    • Charles Bunting (Board Member) [Trustee/Director]
  • Compensation: $13,500
  • Related: $0
  • Other: $0


  • Official website here: www.ozarkborder.org

    Where can I find the form 990 for Ozark Border Electric Cooperative Inc?

    The Ozark Border Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ozarkborder.org

    Learn more at the official website: www.ozarkborder.org

    Mission Statement of Ozark Border Electric Cooperative Inc

    Ozark Border Electric Cooperative Inc, a dedicated organization, is committed to ensuring the utmost satisfaction of its members by delivering electricity in a safe, dependable, and economically viable manner. Its primary objective is to provide reliable electric service to its community at the most affordable price feasible.

    The cooperative operates with a streamlined approach, focusing solely on delivering electricity to its members without any program service expenses. In essence, Ozark Border Electric Cooperative Inc is a beacon of commitment to its members, striving to meet their power needs in an efficient and economical way. By maintaining high levels of reliability and safety, this cooperative has built a reputation of trust and dependability within its community.

    Impact

    This information is meant to be a general summary of Ozark Border Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ozark Border Electric Cooperative Inc contributes to the well-being of its community by maintaining high levels of member satisfaction through the provision of power in a safe, reliable, and economically feasible manner. By ensuring reliable electric service to its members at the lowest price economically feasible, the cooperative plays a crucial role in supporting individuals and businesses in the area. Through its commitment to public benefit, Ozark Border Electric Cooperative Inc positively impacts the lives of its members and contributes to the overall economic development of the region.





    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 2022.

  • Investment Income: $228,627
  • Program Service Revenue: $0
  • Gross Receipts: $75,228,598

    • Assets and Liabilities:
  • Total Assets: $259,148,554
  • Total Liabilities: $157,966,643
  • Net Assets: $101,181,911
  • Organization Details

    Founding Year

    1938

    Principal Officer

    David Schremp

    Main Address

    P O BOX 400, POPLAR BLUFF, MO, 639020400

    NTEE Category

    Code: W80 - Public benefit

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