Overview
What is The Victory Electric Cooperative Association Inc?
The Victory Electric Cooperative Association Inc is a nonprofit organization based in Dodge City, Kansas. With 80 employees, their primary mission is to provide quality, reliable electric service to the cooperative's members on a cooperative basis, as stated in the 20,155 active services at year end. They emphasize safety, affordability, economic development, and financial stability, using prudent business practices and advanced technology. The cooperative aims to allocate patronage capital and ensure the delivery of a dependable energy supply to its consumers.
Official website here: www.victoryelectric.net
Is The Victory Electric Cooperative Association Inc legitimate?
The Victory Electric Cooperative Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Victory Electric Cooperative Association 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: $1,374,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,649,787
For more financial information, click here
Official website here: www.victoryelectric.net
What is the mission statement of The Victory Electric Cooperative Association Inc?
The Victory Electric Cooperative Association Inc is dedicated to delivering safe and reliable electric service to its cooperative members at competitive rates. The organization's mission extends beyond energy provision, as it aims to foster economic development opportunities and offer essential services to consumers. Financial stability is ensured through the implementation of prudent business practices and the adoption of the latest technology. The cooperative provides electric energy on a cooperative basis, distributing patronage capital to its members. At the end of the year, there were 20,155 active services under its purview.
Official website here: www.victoryelectric.net
Who is the CEO of The Victory Electric Cooperative Association Inc?
Shane Laws is the Trustee of The Victory Electric Cooperative Association Inc. The CEO's salary of The Victory Electric Cooperative Association Inc is $378,139 and their total compensation is $539,958.
Official website here: www.victoryelectric.net
What is the revenue of The Victory Electric Cooperative Association Inc?
The Victory Electric Cooperative Association Inc's revenue in 2022 was $87,729,431.
Official website here: www.victoryelectric.net
Who are the executives of The Victory Electric Cooperative Association Inc and what are their salaries?
The average compensation at The Victory Electric Cooperative Association Inc during 2022 was $62,805. There are 80 employees at The Victory Electric Cooperative Association Inc.
Here are 19 key members and their salaries (The Victory Electric Cooperative Association Inc's CEO's salary is $378,139 and their total compensation is $539,958):
- Anthony S Laws (Ceo)
- Ryan Miller (Vp Of Operations)
- Angela K Unruh (Cfo)
- Denzil Mcgill (Cio)
- Eric Speer (Manager Of Operations)
- Rob Henry (Vp Of Engineering)
- Amy Grasser (Vp Of Corporate Services)
- Dustin Forsyth (Crew Chief/Journeyman)
- Cedric Drewes (Secretary/Treasurer) [Trustee/Director]
- James L Ochs (Trustee)
- John Leis (Trustee)
- Patrick Morse (President) [Trustee/Director]
- Randy Quint (Trustee)
- James Daryl Tieben (Vice President) [Trustee/Director]
- Kenny Wehkamp (Trustee)
- Terri Larson (Trustee)
- Gary Gillespie (Trustee)
- Jim Imel (Trustee)
- Kenneth Schulte (Trustee)
Official website here: www.victoryelectric.net
Where can I find the form 990 for The Victory Electric Cooperative Association Inc?
The The Victory Electric Cooperative Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.victoryelectric.net
Learn more at the official website: www.victoryelectric.net
Mission Statement of The Victory Electric Cooperative Association Inc
The Victory Electric Cooperative Association Inc is a dedicated organization committed to delivering quality and reliable electric service to its cooperative members. With a mission to provide a safe, dependable energy supply at competitive rates, this nonprofit goes beyond just powering homes and businesses. It aims to stimulate economic development opportunities for its consumers, ensuring the financial stability of the cooperative through prudent business practices and the use of modern technology.
At the core of The Victory Electric Cooperative Association Inc's operations is the cooperative principle, which involves the allocation of patronage capital to its members. This means that as the members use electricity, they contribute to the cooperative, and in turn, they share in the profits. By the end of the year, there were 20,155 active services being powered by the cooperative. In essence, The Victory Electric Cooperative Association Inc is not just a utility provider; it is a cooperative that empowers its members and invests in their communities.
Impact
This information is meant to be a general summary of The Victory Electric Cooperative Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Victory Electric Cooperative Association Inc impacts the community by providing quality and reliable electric service to its members in Dodge City, Kansas. With a mission to ensure safe and competitive electricity services, the cooperative also focuses on economic development opportunities and the financial stability of its operations. Through prudent business practices and the use of the latest technology, Victory Electric Cooperative Association Inc contributes to the well-being and progress of the community 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.
SALES OF ELECTRICITY
Revenue
$78,484,311
SERVICE FEES
Revenue
$5,320,353
PATRONAGE DIVIDENDS
Revenue
$3,414,634
TRANSMISSION/WHEELING
Revenue
$256,792
Organization Details
Founding Year
1945
Phone
(620) 227-2139
Principal Officer
Shane Laws
Main Address
PO BOX 1335, DODGE CITY, KS, 678011335
Website
www.victoryelectric.net
NTEE Category
Code: W80 - Public benefit
If you are a representative of The Victory Electric Cooperative Association 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.