Overview
What is Northeast Oklahoma Electric Cooperative Inc?
Northeast Oklahoma Electric Cooperative Inc is a member-owned business based in Vinita, Oklahoma. With a workforce of 203 employees, their primary mission is to deliver competitively-priced electric power and other high-quality services to enhance the quality of life for their members. They serve approximately 41,300 active meters, providing electricity on a cooperative basis, and allocate patronage capital to these members.
Official website here: www.neelectric.com
Is Northeast Oklahoma Electric Cooperative Inc legitimate?
Northeast Oklahoma Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northeast Oklahoma 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: $956,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,150,082
For more financial information, click here
Official website here: www.neelectric.com
What is the mission statement of Northeast Oklahoma Electric Cooperative Inc?
Northeast Oklahoma Electric Cooperative Inc is a member-owned business dedicated to delivering competitively-priced electric power and other high-quality services to enhance the lives of its members. The cooperative aims to provide electricity on a cooperative basis, with 41,304 active meters served at the end of the year. The organization's mission is to improve the quality of life for its members by ensuring a reliable electricity supply, likely through various initiatives and community involvement. Additionally, the cooperative likely allocates patronage capital, which may indicate a focus on returning value to its members.
Official website here: www.neelectric.com
Who is the CEO of Northeast Oklahoma Electric Cooperative Inc?
Daniel Webster is the Trustee of Northeast Oklahoma Electric Cooperative Inc. The CEO's salary of Northeast Oklahoma Electric Cooperative Inc is $311,173 and their total compensation is $460,725.
Official website here: www.neelectric.com
What is the revenue of Northeast Oklahoma Electric Cooperative Inc?
Northeast Oklahoma Electric Cooperative Inc's revenue in 2022 was $87,600,134.
Official website here: www.neelectric.com
Who are the executives of Northeast Oklahoma Electric Cooperative Inc and what are their salaries?
The average compensation at Northeast Oklahoma Electric Cooperative Inc during 2022 was $10,378. There are 203 employees at Northeast Oklahoma Electric Cooperative Inc.
Here are 18 key members and their salaries (Northeast Oklahoma Electric Cooperative Inc's CEO's salary is $311,173 and their total compensation is $460,725):
- Daniel Webster (General Manager/Ceo)
- Darryll Lindsey (Manager Of Member Services)
- Ricky Hignite (Manager Of Information Technology)
- Connie Porter (Controller)
- Shane Burgess (Manager Of Engineering)
- Nick Sutton (Manager Of Operations)
- Erik Feighner (Cfo Until 06/2022)
- Sean Friend (Cfo From 08/2022)
- Dandy Risman (President) [Trustee/Director]
- Jimmy Caudill (Secretary/Treasurer) [Trustee/Director]
- Charles Wyrick (Trustee)
- John Myers (Vice President) [Trustee/Director]
- James Wade (Trustee)
- Nancy Kimbrell (Trustee)
- Brian Kelly (Trustee)
- Sharron Gay (Trustee)
- Benny Seabourn (Trustee Until 08/2022)
- Mike Detherage (Trustee From 09/2022)
Official website here: www.neelectric.com
Where can I find the form 990 for Northeast Oklahoma Electric Cooperative Inc?
The Northeast Oklahoma Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.neelectric.com
Learn more at the official website: www.neelectric.com
Mission Statement of Northeast Oklahoma Electric Cooperative Inc
Northeast Oklahoma Electric Cooperative Inc, a member-owned business, is on a mission to deliver competitively-priced electric power and other high-quality services to enhance the quality of life of its members. The cooperative, headquartered in Oklahoma, exists beyond just providing electricity; it aims to make a difference in the communities it serves.
At the heart of Northeast Oklahoma Electric Cooperative Inc's operations is a commitment to cooperative electricity provision. With a membership of over 41,000 active meters, the organization ensures that each member receives electricity in a collaborative manner, allocating them patronage capital as a reflection of their investment in the cooperative. By working together, the members and the cooperative strive towards a common goal: reliable and affordable electricity.
The cooperative's mission extends beyond mere electricity provision. It is dedicated to improving the lives of its members. By keeping electric rates competitive, Northeast Oklahoma Electric Cooperative Inc empowers its members to thrive in their daily lives. The organization's commitment to quality goes beyond electricity, as it also aims to provide its members with additional high-value services. Through these efforts, the cooperative is more than just a utility company; it's a partner in its members' success.
Impact
This information is meant to be a general summary of Northeast Oklahoma 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
Northeast Oklahoma Electric Cooperative Inc's impact lies in providing competitively-priced electric power and high-quality services to its members, ultimately enhancing their quality of life. The cooperative serves 41,304 active meters with electricity on a cooperative basis, ensuring a reliable source of power for its member-owners. By operating as a member-owned business, Northeast Oklahoma Electric Cooperative Inc plays a crucial role in delivering essential services to the community while prioritizing public benefit.
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.
SALE OF ELECTRICITY
Revenue
$87,712,114
PATRONAGE DIVIDENDS
Revenue
$622,651
Organization Details
Founding Year
1938
Phone
(918) 256-6405
Principal Officer
Daniel Webster
Main Address
PO BOX 948, VINITA, OK, 743010948
Website
www.neelectric.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Northeast Oklahoma Electric 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.