Overview
What is Indian Electric Cooperative Inc?
Indian Electric Cooperative Inc is a nonprofit organization based in Cleveland, Oklahoma. With a mission to provide electricity to its members, they serve a total of 20,252 active services and 4,191 idle services. The cooperative has a workforce of 93 employees and operates on a cooperative basis, allocating patronage capital to its members at the end of the year. The organization's main goal is to ensure the delivery of electricity to its community, with a total of 24,443 services in place.
Official website here: www.iecok.com
Is Indian Electric Cooperative Inc legitimate?
Indian Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Indian 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: $642,191
Professional Fundraising Fees: $0
Other Salaries and Wages: $910,806
For more financial information, click here
Official website here: www.iecok.com
What is the mission statement of Indian Electric Cooperative Inc?
Indian Electric Cooperative Inc is dedicated to providing electricity to its members within a cooperative framework. The organization aims to serve a total of 24,443 members, with 20,252 of these being active at the end of the year. Through this cooperative arrangement, the cooperative allocates patronage capital to its members. The provision of electricity is a key focus for Indian Electric Cooperative Inc, ensuring that its members have reliable access to this essential resource.
Official website here: www.iecok.com
Who is the CEO of Indian Electric Cooperative Inc?
Todd Schroeder is the General Mana of Indian Electric Cooperative Inc.
Official website here: www.iecok.com
What is the revenue of Indian Electric Cooperative Inc?
Indian Electric Cooperative Inc's revenue in 2022 was $58,379,776.
Official website here: www.iecok.com
Who are the executives of Indian Electric Cooperative Inc and what are their salaries?
The average compensation at Indian Electric Cooperative Inc during 2022 was $16,699. There are 93 employees at Indian Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Todd Schroeder (General Mana)
- Kenneth Morgan (Line Foreman)
- David Wilson (Mgr Of Offic)
- James Garrison (Vp Of Operat)
- Kimberly Lay (Mgr Finance)
- Don Lawrence (Mgr Of Corp)
- John Pollard (Mgr Of Engin)
- Jim Hadlock (President) [Trustee/Director]
- Greg Fielding (Trustee)
- Mike Spradling (Vice Preside) [Trustee/Director]
- Ralph Jerome (Assistant Se) [Trustee/Director]
- Chris Hudgins (Trustee)
- Rick Van Deventer (Trustee)
- Berry Keeler (Secr/Treas) [Trustee/Director]
- Lee Peckenpaugh (Trustee)
Official website here: www.iecok.com
Where can I find the form 990 for Indian Electric Cooperative Inc?
The Indian Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.iecok.com
Learn more at the official website: www.iecok.com
Mission Statement of Indian Electric Cooperative Inc
Indian Electric Cooperative Inc, a leading cooperative, is dedicated to supplying electricity to its members in a cooperative manner. With a mission to power homes and businesses, the cooperative served 20,252 active services and a total of 24,443 services in place at year-end. The cooperative's commitment extended to 4,191 idle services, ensuring they too were part of the cooperative's electric network. The cooperative allocated patronage capital to these members, further emphasizing their cooperative spirit. By providing electricity cooperatively, Indian Electric Cooperative Inc aims to strengthen the communities it serves and improve the quality of life for its members. The cooperative's efforts are geared towards ensuring a reliable and sustainable power supply, making it a trusted partner for its members.
Impact
This information is meant to be a general summary of Indian 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
Indian Electric Cooperative Inc's impact lies in providing essential electricity services to its members on a cooperative basis. With over 20,000 active services and a total of over 24,000 services in place, the organization plays a crucial role in ensuring that its members have access to reliable power. By allocating patronage capital and operating on a cooperative model, Indian Electric Cooperative Inc contributes to the well-being and development of the community it serves in Cleveland, OK.
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
$55,668,954
PATRONAGE DIVIDENDS
Revenue
$2,011,401
Organization Details
Founding Year
1939
Phone
(918) 295-9500
Principal Officer
Todd Schroeder
Main Address
P O BOX 49, CLEVELAND, OK, 74020
Website
www.iecok.com
NTEE Category
Code: W80 - Public benefit
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