North Central Missouri Electric Coo

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

EIN: 440373333 ✦ Milan, MO ✦ Designated as a 501(c)(12)

Overview

What is North Central Missouri Electric Coo?

North Central Missouri Electric Cooperative (NCMEC) is a PO Box-based entity in Milan, Missouri (ZIP code 63556). Their primary focus is to generate, produce, buy, and assemble electric energy for their shareholders' exclusive use. They then transmit, distribute, provide, sell, and dispose of this energy to their members. NCMEC's mission is centered around serving their shareholders by ensuring a steady supply of electric energy. They employ a team of 29 individuals to help carry out these functions.


Is North Central Missouri Electric Coo legitimate?

North Central Missouri Electric Coo is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Central Missouri Electric Coo 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of North Central Missouri Electric Coo?
Who is the CEO of North Central Missouri Electric Coo?
What is the revenue of North Central Missouri Electric Coo?
Who are the executives of North Central Missouri Electric Coo and what are their salaries?
Where can I find the form 990 for North Central Missouri Electric Coo?

Mission Statement of North Central Missouri Electric Coo

North Central Missouri Electric Cooperative (NCMEC) is dedicated to producing, acquiring, and delivering electric energy to its member-shareholders. In simple terms, this electricity cooperative aims to harness various sources of energy and make it accessible to its community of shareholders. NCMEC's mission is multifaceted and involves not only the generation and distribution of electric energy but also its transmission, sale, and disposal to its members. This means that from the very beginning of energy production to the final delivery to the homes and businesses of its shareholders, NCMEC plays an integral role in ensuring a consistent electric energy supply.

Impact

This information is meant to be a general summary of North Central Missouri Electric Coo. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

North Central Missouri Electric Coop has a significant impact on its shareholders by providing them with access to electric energy. Through its activities of generating, manufacturing, purchasing, acquiring, and accumulating electric energy, the coop ensures that its shareholders have a reliable source of electricity. By transmitting, distributing, furnishing, selling, and disposing of electric energy exclusively to its shareholders, North Central Missouri Electric Coop plays a crucial role in meeting the energy needs of the community in MILAN, 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: $96,740
  • Program Service Revenue: $17,948,713
  • Gross Receipts: $18,740,670

    • Assets and Liabilities:
  • Total Assets: $42,562,789
  • Total Liabilities: $22,723,296
  • Net Assets: $19,839,493
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $17,948,713

    Organization Details

    Founding Year

    1940

    Principal Officer

    Melvin Scott

    Main Address

    PO BOX 220, Milan, MO, 63556

    NTEE Category

    Code: W80 - Public benefit

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