Howell Oregon Electric Cooperative Inc

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

EIN: 440290777 ✦ West plains, MO ✦ Designated as a 501(c)(12)

Overview

What is Howell Oregon Electric Cooperative Inc?

Howell Oregon Electric Cooperative Inc, based in West Plains, Missouri, is a nonprofit organization dedicated to providing the lowest possible electric rates to its member-owners. With a workforce of 94 employees, the cooperative's mission extends beyond affordable energy. They aim to lead in delivering cost-effective, reliable energy with value-added services to their community. The end-of-year surplus is assigned back to the membership in the form of patronage capital.


Is Howell Oregon Electric Cooperative Inc legitimate?

Howell Oregon Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Howell Oregon 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: $90,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,885,042

For more financial information, click here


What is the mission statement of Howell Oregon Electric Cooperative Inc?
Who is the CEO of Howell Oregon Electric Cooperative Inc?
What is the revenue of Howell Oregon Electric Cooperative Inc?
Who are the executives of Howell Oregon Electric Cooperative Inc and what are their salaries?

The average compensation at Howell Oregon Electric Cooperative Inc during 2022 was $42,294. There are 94 employees at Howell Oregon Electric Cooperative Inc.

Here are 19 key members and their salaries (Howell Oregon Electric Cooperative Inc's CEO's salary is $317,274 and their total compensation is $599,638):


Where can I find the form 990 for Howell Oregon Electric Cooperative Inc?

Mission Statement of Howell Oregon Electric Cooperative Inc

Howell Oregon Electric Cooperative Inc, a member-owned cooperative, is dedicated to delivering affordable electric rates to its members. The organization's mission is to lead in the provision of cost-effective, reliable energy, accompanied by value-added services. The cooperative's primary goal lies in ensuring the lowest possible electric rates for its members. At the end of each year, any remaining profits are assigned to the membership as patronage capital. This financial model, unique to cooperatives, allows the profits to be returned directly to the members who use and benefit from the cooperative's services. Howell Oregon Electric Cooperative Inc's commitment to its members is unwavering, with the organization continually seeking ways to provide energy solutions that are both economical and sustainable. By focusing on cost efficiency, reliability, and value-added services, Howell Oregon Electric Cooperative Inc is not just a utility provider, but a partner in energy management for its members.

Impact

This information is meant to be a general summary of Howell Oregon 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

Howell Oregon Electric Cooperative Inc's impact lies in its mission to be a leader in delivering cost-effective, reliable energy with value-added service to its member-owners. By providing the lowest possible electric rates for its members, the cooperative plays a crucial role in ensuring affordable access to electricity in the community. The end-of-the-year margins being assigned to the membership as patronage capital further demonstrate the organization's commitment to benefiting its members directly. Through its efforts, Howell Oregon Electric Cooperative Inc contributes to the well-being and sustainability of its community in West Plains, MO.





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: $612,582
  • Program Service Revenue: $625,984
  • Gross Receipts: $46,520,495

    • Assets and Liabilities:
  • Total Assets: $152,806,681
  • Total Liabilities: $105,298,955
  • Net Assets: $47,507,726
  • Programs

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

    OTHER CAPITAL CREDIT

    Revenue

    $378,953

    POLE RENTAL

    Revenue

    $224,053

    GAIN FROM EQUITY INVESTMENTS

    Revenue

    $22,978

    Organization Details

    Founding Year

    1939

    Principal Officer

    Dennis Walton

    Main Address

    PO BOX 649, WEST PLAINS, MO, 65775

    NTEE Category

    Code: W80 - Public benefit

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