Overview
What is Nueces Electric Cooperative Inc?
Nueces Electric Cooperative Inc is a member-owned cooperative based in Robstown, Texas, with an address at 14353 Cooperative Ave, ZIP code 78380. Their mission is to provide dependable and cost-effective electric service to their members on a cooperative basis, allocating patronage capital. With a team of 98 employees, they served approximately 51,082 active services in the previous year. This nonprofit organization is dedicated to enhancing the quality of life for its members by ensuring the delivery of reliable electric energy.
Official website here: www.nueceselectric.org
Is Nueces Electric Cooperative Inc legitimate?
Nueces Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nueces 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: $1,431,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,959,417
For more financial information, click here
Official website here: www.nueceselectric.org
What is the mission statement of Nueces Electric Cooperative Inc?
Nueces Electric Cooperative Inc is a member-owned cooperative dedicated to enhancing the quality of life of its members. The organization's primary mission is to provide them with reliable and cost-effective electric service in a safety-conscious culture. Through this cooperative model, Nueces Electric Cooperative allocates patronage capital to deliver electric energy to its 51,082 active services. The cooperative's ultimate goal is to help its members continually improve their lifestyles while ensuring the provision of electric energy on a cooperative basis. The organization prioritizes safety in all its operations, ensuring the members receive a consistent supply of energy for their daily needs.
Official website here: www.nueceselectric.org
Who is the CEO of Nueces Electric Cooperative Inc?
Varzavand Irani is the President of Nueces Electric Cooperative Inc. The CEO's salary of Nueces Electric Cooperative Inc is $312,720 and their total compensation is $438,430.
Official website here: www.nueceselectric.org
What is the revenue of Nueces Electric Cooperative Inc?
Nueces Electric Cooperative Inc's revenue in 2022 was $110,016,479.
Official website here: www.nueceselectric.org
Who are the executives of Nueces Electric Cooperative Inc and what are their salaries?
The average compensation at Nueces Electric Cooperative Inc during 2022 was $55,008. There are 98 employees at Nueces Electric Cooperative Inc.
Here are 18 key members and their salaries (Nueces Electric Cooperative Inc's CEO's salary is $312,720 and their total compensation is $438,430):
- Varzavand Irani (Ceo)
- Sarah Fisher (Coo/Assistant Gm)
- Adriana Pena (Cfo)
- Frank Wilson (Cro)
- Robert Holloway (Journey Line Worker)
- Juan Rivera (Journey Line Worker)
- Albert Pena (Journey Line Worker)
- Raymundo Pina (Journey Line Worker)
- Juan Guzman (Journey Line Worker)
- Brian Menking (President) [Trustee/Director]
- David Rosse (Secretary/Treasurer) [Trustee/Director]
- Rumaldo Juarez (Director)
- Gregg Truesdale (Director)
- Gladys Lippincott (Director)
- Juan Alvarado (Director)
- Donald Wayne Herrmann (Director)
- Louis W Hartman Jan-Sep (Director)
- Susan Stewart Oct-Dec (Director)
Official website here: www.nueceselectric.org
Where can I find the form 990 for Nueces Electric Cooperative Inc?
The Nueces Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nueceselectric.org
Learn more at the official website: www.nueceselectric.org
Mission Statement of Nueces Electric Cooperative Inc
Nueces Electric Cooperative Inc, a member-owned cooperative, is dedicated to enhancing the lives of its members by supplying them with dependable and cost-effective electric service. The organization's mission is geared towards helping its members continually improve their quality of life. Nueces Electric Cooperative, Inc prioritizes safety while delivering electric energy on a cooperative basis through the allocation of patronage capital. With over 51,000 active services at the end of the year, the cooperative's reach extends to a vast membership base. By providing reliable electric service, Nueces Electric Cooperative, Inc aims to create a culture where its members can thrive and enjoy the conveniences of modern living. Through its commitment to safety and affordability, the cooperative fosters a strong sense of community and collaboration among its members.
Impact
This information is meant to be a general summary of Nueces 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
Nueces Electric Cooperative Inc's impact is centered on providing quality and reliable electric service to its members at cost on a cooperative basis. By offering electric energy through the allocation of patronage capital, this cooperative serves 51,082 active services at year end. Their mission is to help members improve their quality of life by delivering dependable and cost-effective electric service in a safety-focused environment. This commitment to public benefit ensures that Nueces Electric Cooperative Inc positively influences the lives of its members by meeting their essential energy needs while prioritizing safety and affordability.
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
$102,951,753
PATRONAGE DIVIDENDS
Revenue
$3,256,967
DISTRIBUTION SERVICES
Revenue
$1,751,825
SERVICE FEES
Revenue
$1,075,777
OTHER PROGRAM REVENUE
Revenue
$20,741
Organization Details
Founding Year
1939
Phone
(361) 387-2581
Principal Officer
Varzavand Irani
Main Address
14353 COOPERATIVE AVE, ROBSTOWN, TX, 78380
Website
www.nueceselectric.org
NTEE Category
Code: W80 - Public benefit
If you are a representative of Nueces 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.