Upshur-Rural Electric Cooperative Corporation

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

EIN: 750628787 ✦ Gilmer, TX ✦ Designated as a 501(c)(12)

Overview

What is Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation (URECC) is a nonprofit organization dedicated to delivering affordable and dependable electric energy to its members and the communities they serve in Texas. With a team of 125 employees, they prioritize sound economic principles, safety, and quality management in their operations. Their mission is to ensure the accessibility of electric energy in a responsible and sustainable manner. URECC's commitment extends beyond providing energy, aiming to maintain a positive impact on the local community.


Official website here: www.urecc.coop

Is Upshur-Rural Electric Cooperative Corporation legitimate?

Upshur-Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Upshur-Rural Electric Cooperative Corporation 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: $1,426,278
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.urecc.coop

What is the mission statement of Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation (URECC) is dedicated to delivering affordable and dependable electric energy to its members and the communities they serve. The corporation prioritizes sound economic principles, safety measures, and quality management to ensure the delivery of reliable power. URECC's mission is centered around providing essential electric energy while maintaining a strong commitment to the wellbeing of its community. The organization's efforts aim to create a sustainable energy infrastructure that supports the needs of its members and fosters growth within the communities it serves. URECC is dedicated to delivering electric energy with a focus on affordability, reliability, and consistent management practices.


Official website here: www.urecc.coop

Who is the CEO of Upshur-Rural Electric Cooperative Corporation?

Robert A Walker Jr is the Ceo of Upshur-Rural Electric Cooperative Corporation. The CEO's salary of Upshur-Rural Electric Cooperative Corporation is $297,093 and their total compensation is $371,861.


Official website here: www.urecc.coop

What is the revenue of Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation's revenue in 2022 was $129,741,762.


Official website here: www.urecc.coop

Who are the executives of Upshur-Rural Electric Cooperative Corporation and what are their salaries?

The average compensation at Upshur-Rural Electric Cooperative Corporation during 2022 was $11,410. There are 125 employees at Upshur-Rural Electric Cooperative Corporation.

Here are 15 key members and their salaries (Upshur-Rural Electric Cooperative Corporation's CEO's salary is $297,093 and their total compensation is $371,861):

    Robert A Walker Jr (Ceo)
  • Compensation: $297,093
  • Related: $0
  • Other: $74,768

    • Billy J Schuler (Serviceman)
  • Compensation: $149,459
  • Related: $0
  • Other: $37,595

    • Damon G Means (Director Of Financial Services)
  • Compensation: $135,365
  • Related: $0
  • Other: $46,330

    • Melissa D Reeves (Director Of Business Services)
  • Compensation: $134,584
  • Related: $0
  • Other: $40,990

    • Jacob W Fielden (Serviceman)
  • Compensation: $136,930
  • Related: $0
  • Other: $30,116

    • Jonathan Hector (Foreman)
  • Compensation: $129,788
  • Related: $0
  • Other: $28,860

    • Jonathan Hunt (Director)
  • Compensation: $22,400
  • Related: $0
  • Other: $0

    • Frankie B King (President, Board Of Directors)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Robert A Branham (Vice-President, Board Of Directors)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Charles H Whiteside (Director)
  • Compensation: $21,100
  • Related: $0
  • Other: $0

    • Samuel Rex Youngblood (Assistant Secretary-Treasurer, Board Of Directors)
  • Compensation: $20,600
  • Related: $0
  • Other: $0

    • R Cody Newman (Director)
  • Compensation: $20,400
  • Related: $0
  • Other: $0

    • Sherry Morgan (Secretary-Treasurer, Board Of Directors)
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Henry Jackson (Director)
  • Compensation: $18,400
  • Related: $0
  • Other: $0

    • J P Abernathy (Director)
  • Compensation: $18,300
  • Related: $0
  • Other: $0


  • Official website here: www.urecc.coop

    Where can I find the form 990 for Upshur-Rural Electric Cooperative Corporation?

    The Upshur-Rural Electric Cooperative Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.urecc.coop

    Learn more at the official website: www.urecc.coop

    Mission Statement of Upshur-Rural Electric Cooperative Corporation

    Upshur-Rural Electric Cooperative Corporation (URECC) is dedicated to delivering affordable and dependable electric energy to its members and the communities it serves. The cooperative's mission is anchored in the principles of sound economy, safety, and quality management. URECC's unwavering commitment to its members extends beyond just providing electricity. It strives to ensure that the energy it delivers is both economically feasible for its members and consistent with the highest safety and quality standards. By doing so, URECC fosters a strong sense of trust and reliability within the communities it serves. The cooperative's mission is not merely a goal, but a guiding principle that drives its daily operations and decisions. Through its consistent efforts, URECC has built a reputation for delivering dependable and affordable electric energy, making it an essential partner to the communities it serves.

    Impact

    This information is meant to be a general summary of Upshur-Rural Electric Cooperative Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Upshur-Rural Electric Cooperative Corporation's impact is significant as it provides affordable, reliable electric energy to its members and the communities it serves. By ensuring a consistent supply of electricity with a focus on sound economy, safety, and quality management, URECC plays a crucial role in enhancing the quality of life for those in the region. This reliable energy source not only powers homes and businesses but also supports economic activities and contributes to the overall development and well-being of the community.





    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: $267,544
  • Program Service Revenue: $127,930,160
  • Gross Receipts: $129,760,052

    • Assets and Liabilities:
  • Total Assets: $262,178,131
  • Total Liabilities: $136,156,455
  • Net Assets: $126,021,676
  • Programs

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

    Sale of Electricity to members

    Revenue

    $127,930,160

    Organization Details

    Founding Year

    1937

    Principal Officer

    Robert A Walker Jr

    Main Address

    PO Box 70, Gilmer, TX, 75644

    NTEE Category

    Code: W80 - Public benefit

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