Kansas Electric Power Cooperative Inc

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

EIN: 480836984 ✦ Topeka, KS ✦ Designated as a 501(c)(12)

Overview

What is Kansas Electric Power Cooperative Inc?

Based in Topeka, Kansas, the Kansas Electric Power Cooperative Inc is a nonprofit organization that plays a crucial role in providing electricity to sixteen member/owner rural electric cooperatives. With a mission to ensure an adequate and reliable power supply, the cooperative prioritizes reasonable costs for its distribution cooperatives and their members. In essence, the organization acts as a power procurement entity, working diligently to secure a steady and affordable energy source for its cooperative members. The Kansas Electric Power Cooperative Inc employs a team of 32 individuals to accomplish this essential task.


Official website here: www.kepco.org

Is Kansas Electric Power Cooperative Inc legitimate?

Kansas Electric Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kansas Electric Power 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: $640,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,589,379

For more financial information, click here


Official website here: www.kepco.org

What is the mission statement of Kansas Electric Power Cooperative Inc?

Kansas Electric Power Cooperative Inc is dedicated to ensuring a sufficient and dependable power supply for the 16 rural electric cooperative member-owners it serves. Its primary mission is to procure electricity and make it available to these cooperatives at affordable costs. By doing so, the cooperative aims to provide the essential energy needs for the communities it supports. The organization's commitment to its members includes continuously working to secure reliable power sources and negotiating reasonable costs. In summary, Kansas Electric Power Cooperative Inc focuses on providing a steady and cost-effective power supply to its 16 rural electric cooperative member-owners.


Official website here: www.kepco.org

Who is the CEO of Kansas Electric Power Cooperative Inc?

Suzanne Lane is the President of Kansas Electric Power Cooperative Inc. The CEO's salary of Kansas Electric Power Cooperative Inc is $424,965 and their total compensation is $556,066.


Official website here: www.kepco.org

What is the revenue of Kansas Electric Power Cooperative Inc?

Kansas Electric Power Cooperative Inc's revenue in 2022 was $165,593,549.


Official website here: www.kepco.org

Who are the executives of Kansas Electric Power Cooperative Inc and what are their salaries?

The average compensation at Kansas Electric Power Cooperative Inc during 2022 was $100,922. There are 32 employees and 25 volunteers at Kansas Electric Power Cooperative Inc.

Here are 22 key members and their salaries (Kansas Electric Power Cooperative Inc's CEO's salary is $424,965 and their total compensation is $556,066):

    Suzanne Lane (Exec Vp & Ceo)
  • Compensation: $424,965
  • Related: $0
  • Other: $131,101

    • Coleen Wells (Sr Vp & Cfo)
  • Compensation: $251,135
  • Related: $0
  • Other: $168,940

    • Mark Barbee (Sr Vp & Coo)
  • Compensation: $228,666
  • Related: $0
  • Other: $184,745

    • Susan Cunningham (Sr Vp, Reg & Gov'T Affairs)
  • Compensation: $212,530
  • Related: $0
  • Other: $93,270

    • Richard Johnson (Exec Dir, Engineering)
  • Compensation: $161,464
  • Related: $0
  • Other: $76,027

    • Mark Doljac (Exec Dir, Regulatory Affai)
  • Compensation: $154,020
  • Related: $0
  • Other: $82,482

    • Bryan W Coover (Treasurer) [Trustee/Director]
  • Compensation: $11,646
  • Related: $0
  • Other: $0

    • Donald Metzen (Trustee)
  • Compensation: $11,546
  • Related: $0
  • Other: $0

    • Kevin Compton (Trustee)
  • Compensation: $11,044
  • Related: $0
  • Other: $0

    • Larry Froese (Secretary) [Trustee/Director]
  • Compensation: $10,668
  • Related: $0
  • Other: $0

    • Lori Jones (Trustee)
  • Compensation: $10,542
  • Related: $0
  • Other: $0

    • Ken Hedberg (Trustee)
  • Compensation: $9,538
  • Related: $0
  • Other: $0

    • Dan Hubert (Trustee)
  • Compensation: $9,538
  • Related: $0
  • Other: $0

    • John Schon (Trustee)
  • Compensation: $9,538
  • Related: $0
  • Other: $0

    • Douglas Jackson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Morton (Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Brownlee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Goeckel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Parr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Scheibe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Svanes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirk Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kepco.org

    Where can I find the form 990 for Kansas Electric Power Cooperative Inc?

    The Kansas Electric Power Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kepco.org

    Learn more at the official website: www.kepco.org

    Mission Statement of Kansas Electric Power Cooperative Inc

    Kansas Electric Power Cooperative Inc, a crucial organization, is dedicated to procuring an adequate and reliable power supply for the 16 distribution rural electric cooperative member-owners it serves. The cooperative's mission is to ensure a steady and reasonable cost electricity for these member-owners, making it an indispensable partner in their communities.

    By taking on the responsibility to secure a consistent and affordable power source, Kansas Electric Power Cooperative Inc plays a vital role in the daily lives of the member-owners it represents. Its commitment is not just about flipping on the lights, but also about providing the stability and predictability needed for rural families and businesses to thrive.

    In fulfilling this mission, Kansas Electric Power Cooperative Inc continually seeks out and negotiates power contracts with various suppliers. Its efforts ensure that the 16 distribution cooperatives in its network have access to the electricity they need to power their communities. The organization's dedication to this pursuit enables the rural electric cooperatives to focus on their own missions within their respective areas, providing essential services to their members without the added burden of securing a stable power supply.

    Impact

    This information is meant to be a general summary of Kansas Electric Power Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Kansas Electric Power Cooperative Inc's impact lies in its crucial role in providing electricity to 16 member/owner distribution cooperatives in rural areas. By procuring an adequate and reliable power supply at a reasonable cost, the organization ensures that these cooperatives can deliver essential electricity services to their communities. This directly impacts the quality of life, economic development, and overall well-being of individuals and businesses in these rural areas.





    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: $905,466
  • Program Service Revenue: $164,372,171
  • Gross Receipts: $165,593,549

    • Assets and Liabilities:
  • Total Assets: $309,864,388
  • Total Liabilities: $222,438,956
  • Net Assets: $87,425,432
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $164,372,171

    Organization Details

    Founding Year

    1975

    Principal Officer

    Suzanne Lane

    Main Address

    600 SW CORPORATE VIEW, TOPEKA, KS, 66615

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Kansas Electric Power 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.