Mid-South Electric Cooperative Association

Mid-South Synergy

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

EIN: 740783753 ✦ Navasota, TX ✦ Designated as a 501(c)(12)

Overview

What is Mid-South Electric Cooperative Association?

Mid-South Electric Cooperative Association is a nonprofit organization headquartered in Navasota, Texas. With a total workforce of 207 employees, they provide electric energy to their cooperative members on a cooperative basis, distributing patronage capital. Their mission is to deliver quality and reliable electric service to the cooperative's members and offer additional services such as water, wastewater, internet, and solar energy. The association aims to enhance the quality of life and economic health in the Mid-South Synergy Service Area by providing essential services at reasonable prices. Mid-South Electric Cooperative Association served 37,252 active services at the year end.


Official website here: www.midsouthsynergy.com

Is Mid-South Electric Cooperative Association legitimate?

Mid-South Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mid-South Electric Cooperative Association 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: $3,774,570
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,379,588

For more financial information, click here


Official website here: www.midsouthsynergy.com

What is the mission statement of Mid-South Electric Cooperative Association?

The Mid-South Electric Cooperative Association is dedicated to delivering quality and reliable electric service to its cooperative members. Their mission extends beyond electricity, as they also provide water, wastewater, internet, and solar services. The cooperative aims to enhance the quality of life and economic health of the community by bringing essential services at reasonable prices. Through a cooperative business model, they allocate patronage capital to provide electric energy to their members. At the end of the year, there were 37,252 active services being provided by the cooperative and its subsidiaries.


Official website here: www.midsouthsynergy.com

Who is the CEO of Mid-South Electric Cooperative Association?

Kerry Kelton is the General Manager/Ceo of Mid-South Electric Cooperative Association. The CEO's salary of Mid-South Electric Cooperative Association is $442,544 and their total compensation is $595,545.


Official website here: www.midsouthsynergy.com

What is the revenue of Mid-South Electric Cooperative Association?

Mid-South Electric Cooperative Association's revenue in 2022 was $151,349,587.


Official website here: www.midsouthsynergy.com

Who are the executives of Mid-South Electric Cooperative Association and what are their salaries?

The average compensation at Mid-South Electric Cooperative Association during 2022 was $39,392. There are 207 employees at Mid-South Electric Cooperative Association.

Here are 25 key members and their salaries (Mid-South Electric Cooperative Association's CEO's salary is $442,544 and their total compensation is $595,545):

    Kerry Kelton (General Manager/Ceo)
  • Compensation: $442,544
  • Related: $0
  • Other: $153,001

    • Troy Morris (Sr. Vice President)
  • Compensation: $293,535
  • Related: $0
  • Other: $131,757

    • Michael Mcdougald (Sr. Vice President)
  • Compensation: $292,748
  • Related: $0
  • Other: $114,438

    • Andrew Dallmeyer (Sr. Vice President)
  • Compensation: $235,612
  • Related: $0
  • Other: $96,044

    • David Williams (Vp Operations)
  • Compensation: $227,695
  • Related: $0
  • Other: $94,824

    • Dennis Gilmore (Sr. Vice President)
  • Compensation: $246,352
  • Related: $0
  • Other: $40,951

    • Russell Smith (Sr. Vp Corporate Counsel)
  • Compensation: $243,486
  • Related: $0
  • Other: $34,808

    • Melanie Caballero (Vp Reg Complianc & Claims Mgmt)
  • Compensation: $165,440
  • Related: $0
  • Other: $86,606

    • Dianne Sechelski (Vp Billing)
  • Compensation: $187,657
  • Related: $0
  • Other: $63,612

    • Brandon Northcut (Vp Technology)
  • Compensation: $177,221
  • Related: $0
  • Other: $62,292

    • Michael Long (Sr. Manager Projects)
  • Compensation: $149,243
  • Related: $0
  • Other: $64,540

    • Cathy Barker (Vp Human Resources & Safety)
  • Compensation: $152,386
  • Related: $0
  • Other: $54,707

    • Francisco Reyes (Journeyman Ii)
  • Compensation: $139,639
  • Related: $0
  • Other: $52,820

    • Justin Stapleton (Vice President)
  • Compensation: $137,623
  • Related: $0
  • Other: $54,324

    • Lacy Oaks (Building/Grounds)
  • Compensation: $147,631
  • Related: $0
  • Other: $42,803

    • Kirt Wells (Safety Manager)
  • Compensation: $141,089
  • Related: $0
  • Other: $46,671

    • Dennis Mcwhorter (Director)
  • Compensation: $42,290
  • Related: $0
  • Other: $0

    • Marshall Shirley (President) [Trustee/Director]
  • Compensation: $36,967
  • Related: $0
  • Other: $0

    • Russell Watson (Director)
  • Compensation: $21,411
  • Related: $0
  • Other: $0

    • James Morrison (Vice President) [Trustee/Director]
  • Compensation: $18,967
  • Related: $0
  • Other: $0

    • Jack Shepherd (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $13,932
  • Related: $0
  • Other: $0

    • Kenneth Mcdougald (Director)
  • Compensation: $13,913
  • Related: $0
  • Other: $0

    • Paul Malek (Director)
  • Compensation: $13,691
  • Related: $0
  • Other: $0

    • Robert Pierce (Director)
  • Compensation: $12,916
  • Related: $0
  • Other: $0

    • Steve Driver (Director (Oct-Dec))
  • Compensation: $2,767
  • Related: $0
  • Other: $0


  • Official website here: www.midsouthsynergy.com

    Where can I find the form 990 for Mid-South Electric Cooperative Association?

    The Mid-South Electric Cooperative Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.midsouthsynergy.com

    Learn more at the official website: www.midsouthsynergy.com

    Mission Statement of Mid-South Electric Cooperative Association

    Mid-South Electric Cooperative Association, a cooperative dedicated to delivering quality and reliable services, is committed to enhancing the lives of its members. The cooperative and its subsidiaries strive to provide essential services, including electricity, water, wastewater, internet, and solar energy, at reasonable prices. The mission of Mid-South Electric Cooperative Association is to improve both the quality of life and economic health of the community it serves, extending vital services to its members.

    Through a cooperative business model, Mid-South Electric Cooperative Association distributes patronage capital, enabling it to provide electric energy efficiently and effectively. At the end of the year, the cooperative counted 37,252 active services, a testament to its dedication and success in meeting the energy needs of its members. The cooperative's efforts extend beyond electricity, as it also offers various other services, ensuring its members have access to necessary amenities for a comfortable and connected lifestyle.

    Impact

    This information is meant to be a general summary of Mid-South Electric Cooperative Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mid-South Electric Cooperative Association's impact is significant as it provides quality and reliable electric service to its members in the cooperative. By allocating patronage capital and serving 37,252 active services at year-end, the cooperative plays a crucial role in ensuring access to essential electricity services in Navasota, TX, and its surrounding areas. Their mission to provide quality service at a reasonable price, including electricity, water, wastewater, internet, and solar services, contributes to enhancing the quality of life and economic health in the Mid-South Synergy 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: $-75,774
  • Program Service Revenue: $150,132,766
  • Gross Receipts: $151,657,653

    • Assets and Liabilities:
  • Total Assets: $514,894,894
  • Total Liabilities: $369,362,840
  • Net Assets: $145,532,054
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $136,904,844

    BROADBAND REVENUE

    Revenue

    $10,397,010

    PATRONAGE DIVIDENDS

    Revenue

    $2,149,065

    SERVICE FEES

    Revenue

    $673,512

    OTHER PROGRAM REVENUE

    Revenue

    $8,335

    Organization Details

    Founding Year

    1940

    Principal Officer

    Kerry Kelton

    Main Address

    PO BOX 970, NAVASOTA, TX, 778680970

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Mid-South Electric Cooperative Association 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.