Bailey County Electric Cooperative Association

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

EIN: 750124533 ✦ Muleshoe, TX ✦ Designated as a 501(c)(12)

Overview

What is Bailey County Electric Cooperative Association?

Bailey County Electric Cooperative Association is a nonprofit organization committed to delivering top-notch electric services to rural areas at affordable costs. Their mission encompasses a dedication to customer service excellence, marked by reliable electricity, teamwork among employees, and unwavering integrity. The Cooperative's primary goal is to provide electric power to rural communities on a cooperative basis.


Official website here: www.bcecoop.com

Is Bailey County Electric Cooperative Association legitimate?

Bailey County Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bailey County 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: $400,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,502,130

For more financial information, click here


Official website here: www.bcecoop.com

What is the mission statement of Bailey County Electric Cooperative Association?

The Bailey County Electric Cooperative Association is committed to delivering electric power to rural areas at an affordable cost, operating as a cooperative. They prioritize excellent customer service, reflected in their reliable electric service, reasonable rates, effective employee teamwork, and unwavering integrity. Their mission is to provide electricity to rural communities, working collaboratively to ensure access to essential power.


Official website here: www.bcecoop.com

Who is the CEO of Bailey County Electric Cooperative Association?

David Marricle is the Director of Bailey County Electric Cooperative Association. The CEO's salary of Bailey County Electric Cooperative Association is $160,614 and their total compensation is $241,127.


Official website here: www.bcecoop.com

What is the revenue of Bailey County Electric Cooperative Association?

Bailey County Electric Cooperative Association's revenue in 2022 was $43,773,512.


Official website here: www.bcecoop.com

Who are the executives of Bailey County Electric Cooperative Association and what are their salaries?

The average compensation at Bailey County Electric Cooperative Association during 2022 was $58,044. There are 50 employees at Bailey County Electric Cooperative Association.

Here are 13 key members and their salaries (Bailey County Electric Cooperative Association's CEO's salary is $160,614 and their total compensation is $241,127):

    David Marricle (President/Ceo)
  • Compensation: $160,614
  • Related: $0
  • Other: $80,513

    • Ruth Lance (Office Manager)
  • Compensation: $112,009
  • Related: $0
  • Other: $123,890

    • Kim Black (Tech. Serv. & Safety Supervisor)
  • Compensation: $112,375
  • Related: $0
  • Other: $83,705

    • Charles Smith (Engineering Consultant)
  • Compensation: $108,027
  • Related: $0
  • Other: $51,642

    • John Villalobos (Serviceman)
  • Compensation: $108,772
  • Related: $0
  • Other: $35,869

    • James Marricle (Engineering Superintendent)
  • Compensation: $109,613
  • Related: $0
  • Other: $34,449

    • Keith Layton (Director)
  • Compensation: $26,629
  • Related: $0
  • Other: $0

    • Keith Hicks (Chairman) [Trustee/Director]
  • Compensation: $24,081
  • Related: $0
  • Other: $0

    • Ronnie Barrett (Director)
  • Compensation: $24,081
  • Related: $0
  • Other: $0

    • Larry Clawson (Director)
  • Compensation: $24,081
  • Related: $0
  • Other: $0

    • Ronnie Altman (Director)
  • Compensation: $23,881
  • Related: $0
  • Other: $0

    • Jerry Nichols (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $23,681
  • Related: $0
  • Other: $0

    • Greg Welch (Vice Chairman) [Trustee/Director]
  • Compensation: $12,516
  • Related: $0
  • Other: $0


  • Official website here: www.bcecoop.com

    Where can I find the form 990 for Bailey County Electric Cooperative Association?

    The Bailey County Electric Cooperative Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bcecoop.com

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

    Mission Statement of Bailey County Electric Cooperative Association

    Bailey County Electric Cooperative Association, a cooperative entity, is dedicated to delivering electric power to rural communities at an affordable cost. The organization's mission is twofold: providing top-notch customer service and ensuring the reliable supply of electricity.

    In practice, this commitment to customer service manifests in several ways. Bailey County Electric Cooperative Association strives to offer electricity at reasonable rates, ensuring that the communities it serves have access to essential services. The cooperative also values employee teamwork and maintains a high degree of integrity in all its endeavors.

    By operating on a cooperative basis, Bailey County Electric Cooperative Association sets itself apart, providing electric power to rural areas where traditional energy providers may not reach. This unique approach allows the cooperative to extend its reach and positively impact the lives of those in rural communities.

    In summary, Bailey County Electric Cooperative Association is a mission-driven organization dedicated to delivering electric power to rural areas at cost and providing excellent customer service. Through its commitment to affordability, reliability, and strong employee teamwork, the cooperative aims to make a positive impact on the communities it serves.

    Impact

    This information is meant to be a general summary of Bailey County 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

    Bailey County Electric Cooperative Association's impact is significant in providing reliable and affordable electric power to rural areas on a cooperative basis. Through their commitment to excellent customer service, quality service reliability, affordable rates, employee teamwork, and integrity in all endeavors, the cooperative plays a crucial role in enhancing the quality of life for residents in rural areas. By ensuring access to essential electricity services at a reasonable cost, Bailey County Electric Cooperative Association contributes to the economic development and well-being of the communities it serves.





    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: $201,036
  • Program Service Revenue: $43,564,028
  • Gross Receipts: $43,773,512

    • Assets and Liabilities:
  • Total Assets: $98,320,308
  • Total Liabilities: $51,762,794
  • Net Assets: $46,557,514
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $43,183,463

    PATRONAGE DIVIDENDS

    Revenue

    $205,195

    SERVICE FEES

    Revenue

    $174,531

    OTHER PROGRAM REVENUE

    Revenue

    $839

    Organization Details

    Founding Year

    1938

    Principal Officer

    David Marricle

    Main Address

    PO BOX 1013, MULESHOE, TX, 793471013

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Bailey County 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.