Platte-Clay Electric Cooperative Inc

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

EIN: 440392918 ✦ Kearney, MO ✦ Designated as a 501(c)(12)

Overview

What is Platte-Clay Electric Cooperative Inc?

Platte-Clay Electric Cooperative Inc, based in Kearney, MO, is a non-profit organization dedicated to delivering electric services to rural areas and providing connections for roughly 24,500 customers. Their mission encompasses the distribution of electric service to underserved regions, ensuring access to essential energy resources.


Is Platte-Clay Electric Cooperative Inc legitimate?

Platte-Clay Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Platte-Clay 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: $1,645,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Platte-Clay Electric Cooperative Inc?
Who is the CEO of Platte-Clay Electric Cooperative Inc?
What is the revenue of Platte-Clay Electric Cooperative Inc?
Who are the executives of Platte-Clay Electric Cooperative Inc and what are their salaries?

The average compensation at Platte-Clay Electric Cooperative Inc during 2022 was $20,563. There are 80 employees at Platte-Clay Electric Cooperative Inc.

Here are 15 key members and their salaries:


Where can I find the form 990 for Platte-Clay Electric Cooperative Inc?

Mission Statement of Platte-Clay Electric Cooperative Inc

Platte-Clay Electric Cooperative, a non-profit organization, is dedicated to delivering electric services to rural communities. With a mission to provide, the cooperative focuses on distributing electricity to areas that may not be reachable by traditional power companies. Serving approximately 24,500 connections, Platte-Clay Electric Cooperative ensures that rural residents have access to essential power resources. By offering electrical services to these rural communities, the cooperative contributes to enhancing the quality of life and economic opportunities for its members.

Impact

This information is meant to be a general summary of Platte-Clay 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

Platte-Clay Electric Cooperative Inc plays a crucial role in providing the distribution of electric service to rural customers, ensuring that residents in these areas have access to reliable electricity. With approximately 24,500 connections, this organization contributes to improving the quality of life for rural communities by delivering essential power services. By extending electricity to underserved areas, Platte-Clay Electric Cooperative Inc helps bridge the gap in access to vital resources and supports the economic development of rural regions.





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: $39,637
  • Program Service Revenue: $74,234,760
  • Gross Receipts: $76,880,883

    • Assets and Liabilities:
  • Total Assets: $192,685,266
  • Total Liabilities: $85,138,123
  • Net Assets: $107,547,143
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $64,820,215

    OTHER SERVICES

    Revenue

    $9,414,545

    Organization Details

    Founding Year

    1938

    Principal Officer

    David Deihl

    Main Address

    PO BOX 100, KEARNEY, MO, 640600100

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Platte-Clay Electric 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.