Overview
What is Lane-Scott Electric Cooperative Inc?
Lane-Scott Electric Cooperative Inc is a nonprofit organization based in Dighton, Kansas, with a PO Box address (758). Their primary mission is to provide quality and reliable electric service to their members on a cooperative basis, with an emphasis on cost efficiency. They believe that every member deserves reliable and efficient electric service and strive to go beyond that by offering additional services which enrich people's lives and contribute to the betterment of their communities. The organization had 5,795 active services in the last year, and they employ 23 individuals to fulfill their mission. Adhering to cooperative principles, they aim to achieve their objectives in a sustainable and effective manner.
Official website here: www.lanescott.coop
Is Lane-Scott Electric Cooperative Inc legitimate?
Lane-Scott Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lane-Scott 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: $709,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $937,444
For more financial information, click here
Official website here: www.lanescott.coop
What is the mission statement of Lane-Scott Electric Cooperative Inc?
Lane-Scott Electric Cooperative Inc is committed to delivering reliable and efficient electric services to its members at an affordable cost. Adhering to cooperative principles, the organization strives to provide additional services that enrich people's lives and contribute to the betterment of their communities. The cooperative believes in ensuring every member receives quality electric service as part of a cooperative community, with good governance policies and effective management practices in place. In addition to electricity, Lane-Scott Electric Cooperative aims to offer services that enhance the overall well-being of its members.
Official website here: www.lanescott.coop
Who is the CEO of Lane-Scott Electric Cooperative Inc?
Richard Mcleon is the Treasurer of Lane-Scott Electric Cooperative Inc.
Official website here: www.lanescott.coop
What is the revenue of Lane-Scott Electric Cooperative Inc?
Lane-Scott Electric Cooperative Inc's revenue in 2022 was $23,222,453.
Official website here: www.lanescott.coop
Who are the executives of Lane-Scott Electric Cooperative Inc and what are their salaries?
The average compensation at Lane-Scott Electric Cooperative Inc during 2022 was $71,599. There are 23 employees at Lane-Scott Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Richard Mcleon (General Manager)
- Katherine E Lewis (Finance Manager)
- Kasey Jenkinson (Crew Foreman)
- Benjamin Mann (Crew Foreman)
- Myron Seib (Journeyman)
- Chris Terhune (Journeyman)
- Kevin Bradstreet (Journeyman)
- Craig Ramsey (Vice President) [Trustee/Director]
- Richard Jennison (President) [Trustee/Director]
- Harold Hoss (Trustee)
- Paul Seib Jr (Secretary) [Trustee/Director]
- Randall Evans (Trustee)
- Rad Roehl (Trustee)
- Chad Griffith (Trustee)
- Richard Sorem (Trustee)
- Eric Doll (Treasurer) [Trustee/Director]
Official website here: www.lanescott.coop
Where can I find the form 990 for Lane-Scott Electric Cooperative Inc?
The Lane-Scott Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lanescott.coop
Learn more at the official website: www.lanescott.coop
Mission Statement of Lane-Scott Electric Cooperative Inc
Lane-Scott Electric Cooperative Inc is a mission-driven organization dedicated to delivering quality and reliable electric service to its members at a cooperative cost. The cooperative's overarching belief is that every member is entitled to efficient electric service at the most reasonable price, all while adhering to good governance policies and sound management practices.
Beyond providing essential electric services, Lane-Scott Electric Cooperative Inc takes pride in enriching their members' lives and improving the communities in which they reside. They see their obligation not only as a utility provider but as a community partner. The cooperative's adherence to cooperative principles is the cornerstone of achieving these objectives.
Lane-Scott Electric Cooperative Inc is committed to upholding the cooperative business model, which emphasizes the importance of community involvement, member participation, and democratic decision-making. The organization's unwavering dedication to these principles enables them to effectively meet the electric needs of their members while fostering a strong sense of community connection.
Impact
This information is meant to be a general summary of Lane-Scott 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
Lane-Scott Electric Cooperative Inc's impact lies in providing quality and reliable electric service to its members at cost on a cooperative basis. By ensuring that its 5,795 active services receive efficient electricity, the cooperative contributes to the well-being of its members and the communities they live in. Lane-Scott Electric Cooperative Inc's commitment to cooperative principles results in enriching people's lives and improving the overall quality of the communities 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
$20,880,879
PATRONAGE DIVIDENDS
Revenue
$734,947
SERVICE FEES
Revenue
$30,588
Organization Details
Founding Year
1941
Phone
(620) 397-5327
Principal Officer
Richard Mcleon
Main Address
PO BOX 758, DIGHTON, KS, 67839
Website
www.lanescott.coop
NTEE Category
Code: W80 - Public benefit
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