Overview
What is Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc is a nonprofit organization based in Victoria, Texas. With a workforce of 102 employees, they specialize in providing electric and broadband internet services to their cooperative members, allocating patronage capital for these offerings. Their mission is to exceed member expectations by delivering safe, reliable, and affordable electricity. They prioritize continuous improvement, focusing on excellent customer service and community engagement. At the end of the year, they served 24,537 active members.
Official website here: www.victoriaelectric.coop
Is Victoria Electric Cooperative Inc legitimate?
Victoria Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Victoria 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: $663,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,875,110
For more financial information, click here
Official website here: www.victoriaelectric.coop
What is the mission statement of Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc is dedicated to supplying electric and broadband internet services to its members on a cooperative basis. The mission of the Cooperative goes beyond just providing electricity; it aims to exceed members' expectations by ensuring the delivery of safe, reliable, and affordable electricity. The organization places a strong emphasis on excellent service and community. Its employees are loyal and focused on enhancing the quality of life for each member. The Electric Division of the Cooperative operates on a cooperative basis, providing electric energy through the allocation of patronage capital. At the end of the year, there were 24,537 active services.
Official website here: www.victoriaelectric.coop
Who is the CEO of Victoria Electric Cooperative Inc?
Blaine Warzecha is the President of Victoria Electric Cooperative Inc.
Official website here: www.victoriaelectric.coop
What is the revenue of Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc's revenue in 2022 was $73,692,757.
Official website here: www.victoriaelectric.coop
Who are the executives of Victoria Electric Cooperative Inc and what are their salaries?
The average compensation at Victoria Electric Cooperative Inc during 2022 was $44,501. There are 102 employees at Victoria Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Blaine Warzecha (General Manager)
- Robert Francis (Engineering Manager)
- Laddy Brown (Operations Manager)
- David Nerada (Service Line Supervisor)
- Jessica Gray (Chief Financial Officer)
- Nina Campos (Broadband Internet Manager)
- Adam Estrada (Information Tech Manager)
- Byron Hausmann (Vice President) [Trustee/Director]
- Samuel F Ruschhaupt Iii (President) [Trustee/Director]
- Raymond Brandl Jr (Director)
- Tammie Boyd (Secretary/Treasurer) [Trustee/Director]
- Michael Maraggia (Director)
- Todd Adams (Director)
- John Beck (Assistant Secretary) [Trustee/Director]
- James Hayes (Director (Apr-Dec))
Official website here: www.victoriaelectric.coop
Where can I find the form 990 for Victoria Electric Cooperative Inc?
The Victoria Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.victoriaelectric.coop
Learn more at the official website: www.victoriaelectric.coop
Mission Statement of Victoria Electric Cooperative Inc
Victoria Electric Cooperative Inc, a cooperative entity, is dedicated to delivering electric and broadband internet services to its members. With a commitment to surpassing expectations, the cooperative aims to provide safe, dependable, and affordable electricity. The team at Victoria Electric Cooperative strives to enhance the quality of life for each member, relying on their loyal employees and a service-focused approach.
In the electric division, Victoria Electric Cooperative supplies electricity on a cooperative basis, distributing patronage capital to its members. At the end of the year, there were 24,537 active electric services in operation. The cooperative's primary goal is to ensure a consistent power supply to its members, fostering a sense of community and collaboration. By pooling resources together, Victoria Electric Cooperative is able to offer competitive pricing and prioritize the needs of its members.
Impact
This information is meant to be a general summary of Victoria 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
Victoria Electric Cooperative Inc's impact can be seen through its provision of essential electric and broadband internet services to its members in a cooperative manner. By serving 24,537 active services in Victoria, TX, the cooperative plays a vital role in ensuring access to safe, reliable, and affordable electricity for the community. Victoria Electric Cooperative's mission to exceed its members' expectations and improve their quality of life demonstrates its commitment to serving the public benefit and contributing positively to the local community.
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
$67,707,373
PATRONAGE DIVIDENDS
Revenue
$2,900,928
BROADBAND ACCESS
Revenue
$2,149,595
SERVICE FEES
Revenue
$507,871
Organization Details
Founding Year
1938
Phone
(361) 573-2428
Principal Officer
Blaine Warzecha
Main Address
PO BOX 2178, VICTORIA, TX, 77902
Website
www.victoriaelectric.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Victoria 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.