Rusk County Electric Cooperative Inc

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

EIN: 750535849 ✦ Henderson, TX ✦ Designated as a 501(c)(12)

Overview

What is Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc is a nonprofit organization based in Henderson, Texas. With a mission to enhance the quality of life for over 15,000 cooperative members, the cooperative provides reliable, efficient, and economical electrical energy and services. Established with the goal of delivering essential power, RCEC currently employs 76 individuals to ensure the reliable operation of its services.


Official website here: www.rcelectric.org

Is Rusk County Electric Cooperative Inc legitimate?

Rusk County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rusk 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: $646,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rcelectric.org

What is the mission statement of Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc's mission is focused on delivering reliable, efficient, and economical electrical energy services to enhance the quality of life of its over 15,000 cooperative members. The organization prioritizes the provision of these essential services to its customer base, emphasizing the importance of each member's experience. By doing so, RCEC contributes significantly to the daily lives of its community, ensuring that they have access to the electricity they need to thrive.


Official website here: www.rcelectric.org

Who is the CEO of Rusk County Electric Cooperative Inc?

Kenneth Keeling is the President of Rusk County Electric Cooperative Inc.


Official website here: www.rcelectric.org

What is the revenue of Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc's revenue in 2022 was $74,144,265.


Official website here: www.rcelectric.org

Who are the executives of Rusk County Electric Cooperative Inc and what are their salaries?

The average compensation at Rusk County Electric Cooperative Inc during 2022 was $8,505. There are 76 employees at Rusk County Electric Cooperative Inc.

Here are 14 key members and their salaries:

    Rhett Reid (General Manager)
  • Compensation: $204,655
  • Related: $0
  • Other: $141,948

    • Belinda Kern (Mngr Of Off. Serv.)
  • Compensation: $130,852
  • Related: $0
  • Other: $144,469

    • Jim Dickeson (Operations Manager)
  • Compensation: $133,453
  • Related: $0
  • Other: $124,720

    • Garrett Combs (Line Superintenden)
  • Compensation: $164,375
  • Related: $0
  • Other: $65,319

    • Philip Whitley (Finance Manager)
  • Compensation: $129,668
  • Related: $0
  • Other: $75,139

    • Ruben Contreras (Crew Foreman)
  • Compensation: $132,010
  • Related: $0
  • Other: $66,554

    • John Seale (Serviceman)
  • Compensation: $128,415
  • Related: $0
  • Other: $61,144

    • Kenneth Keeling (President) [Trustee/Director]
  • Compensation: $36,126
  • Related: $0
  • Other: $0

    • Richard Hacker (Director)
  • Compensation: $34,926
  • Related: $0
  • Other: $0

    • Emily Whitworth (Secretary Treas) [Trustee/Director]
  • Compensation: $34,726
  • Related: $0
  • Other: $0

    • Sam Allison (Director)
  • Compensation: $27,693
  • Related: $0
  • Other: $0

    • Jay Innerarity (Vice President) [Trustee/Director]
  • Compensation: $24,298
  • Related: $0
  • Other: $0

    • Nora Tipps (Director)
  • Compensation: $8,205
  • Related: $0
  • Other: $0

    • Tony Cavaliere (Asst. Sec/Treas) [Trustee/Director]
  • Compensation: $6,650
  • Related: $0
  • Other: $0


  • Official website here: www.rcelectric.org

    Where can I find the form 990 for Rusk County Electric Cooperative Inc?

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


    Official website here: www.rcelectric.org

    Learn more at the official website: www.rcelectric.org

    Mission Statement of Rusk County Electric Cooperative Inc

    Rusk County Electric Cooperative Inc, also known as RCEC, is a mission-driven organization that strives to deliver dependable, efficient, and economical electrical energy services to more than 15,000 cooperative members. The cooperative's ultimate goal is to enhance the quality of life for its customers by ensuring a steady electricity supply that powers their daily needs.

    At the heart of RCEC's operations is a commitment to reliability. The cooperative understands the importance of electricity in the modern world and works tirelessly to maintain an uninterrupted power supply. By providing economical services, the cooperative makes access to electricity affordable for its members, ensuring they can enjoy the essential conveniences of modern living.

    Rusk County Electric Cooperative Inc's team of dedicated professionals works diligently to meet the electricity demands of its diverse membership base. Through their efforts, the cooperative has successfully provided electrical energy to over 15,000 individuals and families, empowering them with the resources they need to thrive in their communities. The cooperative's unwavering dedication to its mission has earned it a reputation as a trusted energy partner and a vital contributor to the quality of life of its members.

    Impact

    This information is meant to be a general summary of Rusk 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

    Rusk County Electric Cooperative Inc, based in Henderson, TX, has a significant impact on the community by providing reliable, efficient, and economical electrical services to over 15,000 cooperative members. The organization's mission is centered around enhancing the quality of life for its customers through the provision of essential energy services. Rusk County Electric Cooperative Inc plays a vital role in ensuring that households and businesses have access to the power they need to thrive, contributing to the overall development and well-being of the region.





    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: $133,575
  • Program Service Revenue: $73,889,883
  • Gross Receipts: $74,156,387

    • Assets and Liabilities:
  • Total Assets: $137,864,154
  • Total Liabilities: $61,605,677
  • Net Assets: $76,258,477
  • Programs

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

    PATRONAGE CAPITAL

    Revenue

    $683,657

    SALE OF ELECTRICITY

    Revenue

    $73,206,226

    Organization Details

    Founding Year

    1938

    Principal Officer

    Kenneth Keeling

    Main Address

    PO Box 1169, Henderson, TX, 75653

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Rusk County 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.