Overview
What is Pedernales Electric Cooperative Inc?
Pedernales Electric Cooperative Inc, located in Johnson City, Texas, is a nonprofit organization dedicated to providing electric energy to its members on a cooperative basis. With a strong commitment to delivering affordable, dependable, and safe energy, the cooperative had 385,727 active services at the end of the year and employed a team of 984 individuals. The organization allocates patronage capital and aims to meet the electric energy needs of its members effectively. Their mission is to ensure the cooperative's members receive high-quality energy services.
Official website here: www.pec.coop
Is Pedernales Electric Cooperative Inc legitimate?
Pedernales Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pedernales 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: $4,565,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,833,774
For more financial information, click here
Official website here: www.pec.coop
What is the mission statement of Pedernales Electric Cooperative Inc?
Pedernales Electric Cooperative Inc is dedicated to providing low-cost, reliable, and safe electric energy to its cooperative members. The organization is committed to delivering electricity in a cooperative manner, utilizing patronage capital for the benefit of its users. With over 385,000 active services at year end, the cooperative ensures a consistent power supply for its community. Their mission encompasses allocating resources and maintaining an unwavering commitment to the well-being and energy needs of its members.
Official website here: www.pec.coop
Who is the CEO of Pedernales Electric Cooperative Inc?
Julie Parsley is the Chief Executive Officer of Pedernales Electric Cooperative Inc. The CEO's salary of Pedernales Electric Cooperative Inc is $781,415 and their total compensation is $826,067.
Official website here: www.pec.coop
What is the revenue of Pedernales Electric Cooperative Inc?
Pedernales Electric Cooperative Inc's revenue in 2022 was $838,417,831.
Official website here: www.pec.coop
Who are the executives of Pedernales Electric Cooperative Inc and what are their salaries?
The average compensation at Pedernales Electric Cooperative Inc during 2022 was $50,202. There are 984 employees at Pedernales Electric Cooperative Inc.
Here are 21 key members and their salaries (Pedernales Electric Cooperative Inc's CEO's salary is $781,415 and their total compensation is $826,067):
- Julie Parsley (Chief Executive Officer)
- Edward A Dauterive (Chief Operations Officer)
- Randy Kruger (Chief Financial Officer)
- Don Ballard (General Counsel)
- Stephen Maldonado (Vp - Operations)
- Timothy Nance (Vp - Member Relations)
- Joseph Louis (Vp - Technology (Jan-Nov))
- David Thompson (Vp - Markets)
- Wayne Mckee (Vp - Safety & Technical Training)
- Jose Trevino (Vp - Engineering)
- Aisha Hagen (Associate General Counsel)
- John Urban (Evp - External Relations)
- Katherine Jones (Controller)
- Nathaniel Fulmer (Vp - Workforce & Safety Operations)
- Milton Rister (Vice President) [Trustee/Director]
- Mark Ekrut (President) [Trustee/Director]
- Paul Graf (Secretary/Treasurer) [Trustee/Director]
- Emily Pataki (Director)
- James Oakley (Director)
- Amy Lea Sj Akers (Director)
- Travis Cox (Director)
Official website here: www.pec.coop
Where can I find the form 990 for Pedernales Electric Cooperative Inc?
The Pedernales Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.pec.coop
Learn more at the official website: www.pec.coop
Mission Statement of Pedernales Electric Cooperative Inc
Pedernales Electric Cooperative Inc, a distinguished organization, is dedicated to the delivery of affordable, dependable, and secure electric energy to its cooperative members. Embodying a deep commitment to its mission, the cooperative strives to ensure that every household and business within its network enjoys the benefits of reliable electricity. The cooperative model of Pedernales Electric Cooperative Inc is unique, as it operates on a cooperative basis, with members contributing to the growth and development of the organization through patronage capital.
At the heart of Pedernales Electric Cooperative Inc's mission lies the provision of electricity. This essential resource, when delivered effectively, empowers communities and enables progress. The cooperative's unwavering dedication to this cause is reflected in the allocation of patronage capital, which serves to strengthen the organization and maintain the infrastructure required to deliver electricity consistently and efficiently. With over 385,000 active services at the end of the year, Pedernales Electric Cooperative Inc stands as a testament to the success of its mission, providing power to a significant number of households and businesses.
In summary, Pedernales Electric Cooperative Inc is a pioneering cooperative that works tirelessly to deliver affordable, dependable, and secure electric energy to its members. Through its cooperative business model and dedication to the community, the organization has become an indispensable part of the lives of over 385,000 households and businesses, ensuring that they have access to the essential resource of electricity.
Impact
This information is meant to be a general summary of Pedernales 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
Pedernales Electric Cooperative Inc makes a significant impact by delivering low-cost, reliable, and safe electric energy to its members in a cooperative manner. With 385,727 active services at year-end, the cooperative plays a crucial role in meeting the energy needs of the community it serves. By fulfilling its mission of providing affordable and dependable electricity, Pedernales Electric Cooperative Inc positively impacts the lives of its members and contributes to the overall well-being and development of the region.
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
$792,251,006
TRANSMISSION ACCESS
Revenue
$20,451,323
CUSTOMER SERVICE FEES
Revenue
$10,277,074
TRANSMISSION LEASE
Revenue
$4,783,618
PATRONAGE DIVIDENDS
Revenue
$2,046,352
Organization Details
Founding Year
1938
Phone
(800) 868-4732
Principal Officer
Julie Parsley
Main Address
PO BOX 1, JOHNSON CITY, TX, 78636
Website
www.pec.coop
NTEE Category
Code: W80 - Public benefit
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