Overview
What is Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc, based in Livingston, Texas, is a nonprofit organization dedicated to providing electrical power sales and services to approximately 87,000 accounts. Operating on a cooperative basis, this organization's mission is to bring power to its members. The cooperative employs a workforce of 183 individuals, ensuring efficient and reliable power delivery.
Official website here: www.samhouston.net
Is Sam Houston Electric Cooperative Inc legitimate?
Sam Houston Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sam Houston 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: $2,456,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.samhouston.net
What is the mission statement of Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc is dedicated to providing electrical power to its members collaboratively. Its mission revolves around the sales and provision of electrical services on a cooperative basis. Approximately 87,000 accounts are served by this cooperative entity. By working together, the cooperative ensures a reliable supply of electricity to its members. The organization's primary objective is to deliver essential energy resources in a cooperative manner. Additionally, the cooperative may engage in various initiatives that support its members and foster a sense of community among its user base.
Official website here: www.samhouston.net
Who is the CEO of Sam Houston Electric Cooperative Inc?
Douglas Turk is the Ceo of Sam Houston Electric Cooperative Inc. The CEO's salary of Sam Houston Electric Cooperative Inc is $385,022 and their total compensation is $562,555.
Official website here: www.samhouston.net
What is the revenue of Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc's revenue in 2022 was $249,325,395.
Official website here: www.samhouston.net
Who are the executives of Sam Houston Electric Cooperative Inc and what are their salaries?
The average compensation at Sam Houston Electric Cooperative Inc during 2022 was $13,423. There are 183 employees at Sam Houston Electric Cooperative Inc.
Here are 25 key members and their salaries (Sam Houston Electric Cooperative Inc's CEO's salary is $385,022 and their total compensation is $562,555):
- Douglas Turk (Ceo)
- Keith Staples (Cio)
- Scott Ferguson (Manager Of O)
- Ryan Brown (Assistant Gm)
- Joseph Conner (Cfo)
- Ricky Harrell (Cms Officer)
- Walter Stapleton - Retired (Cco)
- Terry Lowe (Foreman)
- Craig Barlow (Lineman)
- Robert Lantrip (Lineman)
- Rachel Frey (Cco)
- David Babcock - Retired (Assistant Gm)
- Don Boyett (Treasurer) [Trustee/Director]
- Jim Seale (Director)
- Ernie Miles (Director)
- Michael Oldner (Director)
- Gary Jenke (Director)
- Milt Purvis (Vice Preside) [Trustee/Director]
- James Elmore (Director)
- Katherine Hardin (Secretary) [Trustee/Director]
- Chuck Turner (Director)
- Casey Evans Davis (Director)
- Robert Boyd (President) [Trustee/Director]
- Robert Leisner - See Schedule O (Retired Dire)
- Truitt Thomson - See Schedule O (Retired Dire)
Official website here: www.samhouston.net
Where can I find the form 990 for Sam Houston Electric Cooperative Inc?
The Sam Houston Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.samhouston.net
Learn more at the official website: www.samhouston.net
Mission Statement of Sam Houston Electric Cooperative Inc
Sam Houston Electric Cooperative Inc, a significant cooperative entity, is committed to the sales and servicing of electrical power to its approximately 87,000 accounts. With a cooperative basis as its guiding principle, the organization ensures that the energy needs of its members are met in a collaborative and efficient manner.
At the core of Sam Houston Electric Cooperative Inc's mission lies the provision of electrical power. The cooperative works tirelessly to secure and distribute electricity to its member base, operating with a member-centric approach that places the needs of its consumers at the forefront of its operations. The organization's dedication to its members is evident in its commitment to providing reliable and consistent power, ensuring that no electrical need goes unmet.
Sam Houston Electric Cooperative Inc's cooperative nature extends beyond the mere sales and delivery of electrical power. The cooperative fosters a sense of unity and collaboration among its members, creating a strong and supportive community. This commitment to community is reflected in the organization's unwavering focus on member satisfaction and its ongoing efforts to improve and expand its services to better meet the evolving needs of its members.
In summary, Sam Houston Electric Cooperative Inc is a dedicated cooperative entity that is committed to the sales and servicing of electrical power to its members on a cooperative basis. The organization's mission is centered around ensuring that the energy needs of its members are met in a reliable, consistent, and cooperative manner, fostering a strong and supportive community in the process.
Impact
This information is meant to be a general summary of Sam Houston 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
Sam Houston Electric Cooperative Inc impacts communities by providing sales and service of electrical power to approximately 87,000 accounts on a cooperative basis. Through their mission of offering essential electrical power services to their members, they play a crucial role in ensuring households and businesses have access to reliable energy sources. Additionally, by operating on a cooperative basis, they prioritize the public benefit and serve as a vital resource for individuals and organizations in the areas they serve.
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 ENERGY
Revenue
$243,520,151
PATRONAGE CAPITAL - G&T
Revenue
$3,176,314
PATRONAGE CAPITAL - OTHER
Revenue
$1,831,261
Organization Details
Founding Year
1939
Phone
(936) 327-5711
Principal Officer
Douglas Turk
Main Address
PO BOX 1121, LIVINGSTON, TX, 773511121
Website
www.samhouston.net
NTEE Category
Code: W80 - Public benefit
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