Overview
What is Licking Valley Rural Electric Cooperative Corporation?
Licking Valley Rural Electric Cooperative Corporation is a nonprofit organization headquartered in West Liberty, Kentucky. Their primary mission revolves around providing electric service to their member-owners on a patronage basis, catering to an average of approximately 17,600 consumers monthly. This cooperative employs a team of 44 individuals in delivering power and ensuring the community's energy needs are met.
Official website here: www.lvrecc.com
Is Licking Valley Rural Electric Cooperative Corporation legitimate?
Licking Valley Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Licking Valley Rural Electric Cooperative Corporation 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: $180,506
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lvrecc.com
What is the mission statement of Licking Valley Rural Electric Cooperative Corporation?
The Licking Valley Rural Electric Cooperative Corporation focuses on providing electric service to its member owners on a patronage basis. With an average of approximately 17,597 consumers served monthly, the corporation strives to meet the electrical needs of its community. Its mission encompasses delivering reliable and efficient power solutions while maintaining a strong commitment to its members. The cooperative aims to foster a sense of partnership and ownership amongst its members and prioritizes their satisfaction. Additionally, it may engage in initiatives that promote energy conservation and sustainability.
Official website here: www.lvrecc.com
Who is the CEO of Licking Valley Rural Electric Cooperative Corporation?
Kerry Howard is the President of Licking Valley Rural Electric Cooperative Corporation. The CEO's salary of Licking Valley Rural Electric Cooperative Corporation is $147,506 and their total compensation is $173,995.
Official website here: www.lvrecc.com
What is the revenue of Licking Valley Rural Electric Cooperative Corporation?
Licking Valley Rural Electric Cooperative Corporation's revenue in 2022 was $35,858,923.
Official website here: www.lvrecc.com
Who are the executives of Licking Valley Rural Electric Cooperative Corporation and what are their salaries?
The average compensation at Licking Valley Rural Electric Cooperative Corporation during 2022 was $4,102. There are 44 employees at Licking Valley Rural Electric Cooperative Corporation.
Here are 12 key members and their salaries (Licking Valley Rural Electric Cooperative Corporation's CEO's salary is $147,506 and their total compensation is $173,995):
- Kerry K Howard (General Manager/Ceo)
- Matthew S Harris (Supervisor/Construction)
- Christopher J Murphy (General Superintendent)
- Sandra Bradley (Accountant)
- Tommy Hill (Sec-Treasurer) [Trustee/Director]
- Philip Williams (Director)
- Darrell Cundiff (President) [Trustee/Director]
- Ted Holbrook (Vice President) [Trustee/Director]
- J Frank Porter (Director)
- Kevin Howard (Director)
- Alan Oldfield (Director)
- Ck Stacy (Director)
Official website here: www.lvrecc.com
Where can I find the form 990 for Licking Valley Rural Electric Cooperative Corporation?
The Licking Valley Rural Electric Cooperative Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lvrecc.com
Learn more at the official website: www.lvrecc.com
Mission Statement of Licking Valley Rural Electric Cooperative Corporation
Licking Valley Rural Electric Cooperative Corporation, or Licking Valley RECC, is a mission-driven entity that focuses on delivering electric services to its member-owners on a patronage basis. Serving an average of approximately 17,597 consumers monthly, this cooperative prioritizes the electricity needs of its community members.
In simple terms, Licking Valley RECC's primary objective is to ensure reliable and consistent electric service to its member-owners. By operating on a patronage basis, the cooperative uniquely positions itself to make decisions with the best interests of its members in mind. The cooperative's commitment to its community is reflected in its dedication to serving a sizable consumer base and addressing their electricity requirements. With a strong sense of responsibility, Licking Valley RECC strives to maintain a stable and efficient electric service network for the well-being of its member-owners.
Impact
This information is meant to be a general summary of Licking Valley Rural Electric Cooperative Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Licking Valley Rural Electric Cooperative Corporation provides essential electric service to over 17,500 consumer owners on a patronage basis every month in West Liberty, KY. This impact ensures that households and businesses have reliable access to electricity for their daily operations and activities. By serving a significant number of consumers, Licking Valley Rural Electric Cooperative Corporation plays a vital role in supporting the infrastructure and economic development of the community.
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.
ELECTRIC REVENUE SERVICE
Revenue
$34,672,614
Organization Details
Founding Year
1940
Phone
(606) 743-3179
Principal Officer
Kerry Howard
Main Address
PO BOX 605, WEST LIBERTY, KY, 41472
Website
www.lvrecc.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Licking Valley Rural Electric Cooperative Corporation 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.