Overview
What is Coleman County Electric Cooperative Inc?
Coleman County Electric Cooperative Inc, based in Texas, is a nonprofit organization dedicated to providing electric energy to its members on a cooperative basis. They allocate patronage capital and had 8,958 active services at the year end. Their mission is to improve their members' lifestyle and the economic environment of their service area by delivering safe, reliable electric service at the lowest practical cost. The cooperative boasts a well-trained, quality workforce and utilizes sound business practices to meet the evolving needs of its membership. They employ a team of 42 individuals.
Official website here: www.colemanelectric.org
Is Coleman County Electric Cooperative Inc legitimate?
Coleman County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Coleman County 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: $363,831
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,396,166
For more financial information, click here
Official website here: www.colemanelectric.org
What is the mission statement of Coleman County Electric Cooperative Inc?
Coleman County Electric Cooperative Inc is dedicated to enhancing the lifestyles of its members by providing them with safe and reliable electric service at an affordable cost. The cooperative is committed to meeting the evolving needs of its membership with a skilled workforce and sound business practices. Its mission extends beyond electricity, aiming to contribute positively to the economic environment of the service area. The cooperative prioritizes the well-being and satisfaction of its members, striving for continuous improvement in the quality of its services.
Official website here: www.colemanelectric.org
Who is the CEO of Coleman County Electric Cooperative Inc?
Synda Smith is the Vice President of Coleman County Electric Cooperative Inc. The CEO's salary of Coleman County Electric Cooperative Inc is $134,383 and their total compensation is $263,047.
Official website here: www.colemanelectric.org
What is the revenue of Coleman County Electric Cooperative Inc?
Coleman County Electric Cooperative Inc's revenue in 2022 was $19,164,414.
Official website here: www.colemanelectric.org
Who are the executives of Coleman County Electric Cooperative Inc and what are their salaries?
The average compensation at Coleman County Electric Cooperative Inc during 2022 was $41,905. There are 42 employees at Coleman County Electric Cooperative Inc.
Here are 8 key members and their salaries (Coleman County Electric Cooperative Inc's CEO's salary is $134,383 and their total compensation is $263,047):
- Synda Smith (General Manager/Ceo)
- Roger Kruse (Vice President) [Trustee/Director]
- Darla Wise (Secretary/Treasurer) [Trustee/Director]
- Richard Lange (Director)
- Bob Fuchs (President) [Trustee/Director]
- Brent Mcmillan (Director)
- Les Dobbins (Director)
- David Wright (Director)
Official website here: www.colemanelectric.org
Where can I find the form 990 for Coleman County Electric Cooperative Inc?
The Coleman County Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.colemanelectric.org
Learn more at the official website: www.colemanelectric.org
Mission Statement of Coleman County Electric Cooperative Inc
Coleman County Electric Cooperative Inc, a dedicated organization, is committed to enhancing the lifestyles of its members by providing them with quality and reliable electric service on a cooperative basis. The cooperative's mission extends beyond just electricity, as it also aims to contribute positively to the economic environment of its service area.
Situated at the heart of its operations, Coleman County Electric Cooperative Inc prioritizes the safety and dependability of the electric service it delivers to its members. This commitment is reflected in its well-trained workforce and the implementation of sound business practices. The cooperative strives to maintain a high standard of service, ensuring that it meets the evolving needs of its membership.
In pursuit of its mission, Coleman County Electric Cooperative Inc goes the extra mile to provide electric service that is both safe and cost-effective for its members. By dedicating itself to continuous improvement, the cooperative remains focused on making a difference in the lives of those it serves. Through its unwavering commitment to quality and affordability, Coleman County Electric Cooperative Inc has built a strong reputation as a trusted provider of electric service within its community.
Impact
This information is meant to be a general summary of Coleman County 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
Coleman County Electric Cooperative Inc's impact is primarily focused on providing quality and reliable electric service to its members at a reasonable cost on a cooperative basis. With 8,958 active services at year-end, the cooperative plays a crucial role in ensuring that its members have access to essential electric energy. By allocating patronage capital and dedicating itself to improving its members' lifestyle and the economic environment of its service area, Coleman County Electric Cooperative Inc contributes to the overall well-being and development of the community it serves. It is committed to offering safe and dependable electric service at the lowest practical cost while adapting to the changing needs of its membership through a skilled workforce and sound business practices.
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
$18,439,881
PATRONAGE DIVIDENDS
Revenue
$521,740
SERVICE FEES
Revenue
$113,056
Organization Details
Founding Year
1937
Phone
(325) 625-2128
Principal Officer
Synda Smith
Main Address
PO BOX 860, COLEMAN, TX, 76834
Website
www.colemanelectric.org
NTEE Category
Code: W80 - Public benefit
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