Kiamichi Electric Cooperative Inc

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

EIN: 730539216 ✦ Wilburton, OK ✦ Designated as a 501(c)(12)

Overview

What is Kiamichi Electric Cooperative Inc?

Kiamichi Electric Cooperative Inc is a nonprofit organization based in Wilburton, Oklahoma. With a team of 65 employees, they are dedicated to providing safe and reliable electric service to all cooperative members. The cooperative's mission is to offer this essential utility at the lowest possible cost, maintaining sound economics and good management. Their primary activity involves the distribution of electricity to members on a cooperative basis.


Official website here: www.kiamichielectric.org

Is Kiamichi Electric Cooperative Inc legitimate?

Kiamichi Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kiamichi 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: $761,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kiamichielectric.org

What is the mission statement of Kiamichi Electric Cooperative Inc?

Kiamichi Electric Cooperative Inc is committed to providing safe and reliable electric service to all of its cooperative members. Its mission extends beyond just electricity distribution, as it also strives to offer these essential services at the most affordable cost, consistent with sound economics and good management. The cooperative aims to ensure the well-being of its members by delivering electric power in a cooperative manner.


Official website here: www.kiamichielectric.org

Who is the CEO of Kiamichi Electric Cooperative Inc?

Brett Orme is the President of Kiamichi Electric Cooperative Inc. The CEO's salary of Kiamichi Electric Cooperative Inc is $250,873 and their total compensation is $405,060.


Official website here: www.kiamichielectric.org

What is the revenue of Kiamichi Electric Cooperative Inc?

Kiamichi Electric Cooperative Inc's revenue in 2022 was $54,444,719.


Official website here: www.kiamichielectric.org

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

The average compensation at Kiamichi Electric Cooperative Inc during 2022 was $11,721. There are 65 employees at Kiamichi Electric Cooperative Inc.

Here are 14 key members and their salaries (Kiamichi Electric Cooperative Inc's CEO's salary is $250,873 and their total compensation is $405,060):

    Brett Orme (Ceo)
  • Compensation: $250,873
  • Related: $0
  • Other: $154,187

    • Dennis Dolan (Manager Of Operations)
  • Compensation: $137,917
  • Related: $0
  • Other: $191,832

    • Crystal Butler (Cfo)
  • Compensation: $138,359
  • Related: $0
  • Other: $89,575

    • Jeremy Shaffer (Area Maintenance Man)
  • Compensation: $127,045
  • Related: $0
  • Other: $45,282

    • Brian Sawyer (Area Maintenance Man)
  • Compensation: $108,916
  • Related: $0
  • Other: $53,201

    • William Shrock (Area Maintenance Man)
  • Compensation: $108,754
  • Related: $0
  • Other: $49,626

    • Brandon Doyle (Area Maintenance Man)
  • Compensation: $109,843
  • Related: $0
  • Other: $26,279

    • Russell Shaw (Director)
  • Compensation: $39,904
  • Related: $0
  • Other: $0

    • Ron Pelanconi (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $35,697
  • Related: $0
  • Other: $0

    • Larry Culwell (Director)
  • Compensation: $31,772
  • Related: $0
  • Other: $0

    • David Ray (Director)
  • Compensation: $31,722
  • Related: $0
  • Other: $0

    • Mark Ichord (Vice President) [Trustee/Director]
  • Compensation: $28,331
  • Related: $0
  • Other: $0

    • Don Parr (President) [Trustee/Director]
  • Compensation: $28,207
  • Related: $0
  • Other: $0

    • Amy Miller (Director)
  • Compensation: $26,613
  • Related: $0
  • Other: $0


  • Official website here: www.kiamichielectric.org

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

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


    Official website here: www.kiamichielectric.org

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

    Mission Statement of Kiamichi Electric Cooperative Inc

    Kiamichi Electric Cooperative Inc is committed to delivering safe and dependable electric services to all of its cooperative members. The organization's mission is twofold: providing electric power to its members while maintaining the lowest possible cost, all while adhering to sound economic principles and good management practices.

    Founded on the cooperative principle, Kiamichi Electric Cooperative Inc distributes electricity to its members in a collective manner. This means that every member has a voice in the organization's decisions and operations. The cooperative's mission to provide reliable electric service is essential for the daily lives of its members, enabling them to power their homes, businesses, and communities. By adhering to this mission, Kiamichi Electric Cooperative Inc not only meets the basic needs of its members but also contributes to their overall quality of life.

    The cooperative's dedication to delivering safe and dependable electric service is a top priority. It invests in the latest technology and infrastructure to ensure the electricity is delivered efficiently and with minimal disruptions. By maintaining a strong focus on safety and reliability, Kiamichi Electric Cooperative Inc instills confidence in its members and fosters a sense of trust. Additionally, the cooperative's commitment to sound economics and good management practices ensures that its services are sustainable and affordable for its members. Overall, Kiamichi Electric Cooperative Inc's mission is essential in providing essential electric services to its members while maintaining a strong financial footing.

    Impact

    This information is meant to be a general summary of Kiamichi 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

    Kiamichi Electric Cooperative Inc plays a crucial role in providing safe, reliable electric service to all its members in Wilburton, Oklahoma. By distributing electricity on a cooperative basis, the organization ensures that its members have access to essential energy resources. This impact is significant as it directly affects the daily lives and well-being of individuals and businesses in the community. Through its mission of offering affordable electricity while maintaining sound economics and good management practices, Kiamichi Electric Cooperative Inc contributes to the overall economic stability and quality of life in its service area.





    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: $25,356
  • Program Service Revenue: $53,873,204
  • Gross Receipts: $54,517,319

    • Assets and Liabilities:
  • Total Assets: $121,989,088
  • Total Liabilities: $74,005,038
  • Net Assets: $47,984,050
  • Programs

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

    RESIDENTIAL

    Revenue

    $37,226,896

    SMALL COMMERCIAL

    Revenue

    $11,197,493

    INDUSTRIAL

    Revenue

    $2,784,804

    CAPITAL CREDITS

    Revenue

    $1,412,790

    GROSS RECEIPTS TAX

    Revenue

    $1,028,827

    Organization Details

    Founding Year

    1945

    Principal Officer

    Brett Orme

    Main Address

    PO BOX 340, WILBURTON, OK, 74578

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Kiamichi 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.