Rita Blanca Electric Cooperative Inc

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

EIN: 750712525 ✦ Dalhart, TX ✦ Designated as a 501(c)(12)

Overview

What is Rita Blanca Electric Cooperative Inc?

Rita Blanca Electric Cooperative Inc is a nonprofit organization dedicated to providing Electric power to rural areas on a cooperative basis. Their mission encompasses excellent customer service, demonstrated through reliable Electric service and affordable rates. Teamwork among employees and maintaining a high level of integrity are also integral parts of their endeavors. By offering Electric power to rural communities at cost, this Cooperative aims to make a positive impact on the lives of its members.


Official website here: www.ritablancaelectric.com

Is Rita Blanca Electric Cooperative Inc legitimate?

Rita Blanca Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rita Blanca 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: $1,117,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,367,377

For more financial information, click here


Official website here: www.ritablancaelectric.com

What is the mission statement of Rita Blanca Electric Cooperative Inc?

The Rita Blanca Electric Cooperative Inc is dedicated to delivering electric power to rural communities on a cooperative basis. With a strong commitment to customer service, the cooperative strives for top-quality electric service reliability and affordable rates. Employee teamwork and integrity are at the heart of all the cooperative's endeavors as they work towards providing electricity to rural areas.


Official website here: www.ritablancaelectric.com

Who is the CEO of Rita Blanca Electric Cooperative Inc?

Brent Wheeler is the Chairman of Rita Blanca Electric Cooperative Inc.


Official website here: www.ritablancaelectric.com

What is the revenue of Rita Blanca Electric Cooperative Inc?

Rita Blanca Electric Cooperative Inc's revenue in 2022 was $90,529,191.


Official website here: www.ritablancaelectric.com

Who are the executives of Rita Blanca Electric Cooperative Inc and what are their salaries?

The average compensation at Rita Blanca Electric Cooperative Inc during 2022 was $63,725. There are 39 employees at Rita Blanca Electric Cooperative Inc.

Here are 18 key members and their salaries:

    Brent Wheeler (General Manager)
  • Compensation: $262,263
  • Related: $0
  • Other: $109,892

    • Graciela Subealdea (Inside Operations Manager)
  • Compensation: $166,983
  • Related: $0
  • Other: $89,848

    • Tracy Howell (Outside Operations Manager)
  • Compensation: $180,044
  • Related: $0
  • Other: $68,074

    • Reynold Martinez (Lineman)
  • Compensation: $119,384
  • Related: $0
  • Other: $73,914

    • Larry Aragon (Lineman)
  • Compensation: $123,065
  • Related: $0
  • Other: $69,094

    • Shaun Scofield (Lineman)
  • Compensation: $122,971
  • Related: $0
  • Other: $62,988

    • John Pope (Lineman)
  • Compensation: $127,718
  • Related: $0
  • Other: $57,067

    • Dale Cleavinger (Service Crew)
  • Compensation: $111,474
  • Related: $0
  • Other: $67,087

    • David Higgins (Director)
  • Compensation: $30,280
  • Related: $0
  • Other: $0

    • Bradley Mcbryde (Vice Chairman) [Trustee/Director]
  • Compensation: $29,491
  • Related: $0
  • Other: $0

    • Brent Spurlock (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $29,491
  • Related: $0
  • Other: $0

    • Brad Green (Director)
  • Compensation: $27,421
  • Related: $0
  • Other: $0

    • Carl D Finch (Chairman) [Trustee/Director]
  • Compensation: $27,271
  • Related: $0
  • Other: $0

    • Chris Sheldon (Director)
  • Compensation: $25,310
  • Related: $0
  • Other: $0

    • Wade Lenz April-Dec (Director)
  • Compensation: $25,248
  • Related: $0
  • Other: $0

    • Darren Stallwitz (Director)
  • Compensation: $21,045
  • Related: $0
  • Other: $0

    • Shad Mcdaniel (Director)
  • Compensation: $20,501
  • Related: $0
  • Other: $0

    • Carl J Kuper Jan-Mar (Director)
  • Compensation: $4,725
  • Related: $0
  • Other: $0


  • Official website here: www.ritablancaelectric.com

    Where can I find the form 990 for Rita Blanca Electric Cooperative Inc?

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


    Official website here: www.ritablancaelectric.com

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

    Mission Statement of Rita Blanca Electric Cooperative Inc

    Rita Blanca Electric Cooperative Inc, a cooperative organization, is dedicated to the mission of providing Electric power to rural communities at an affordable cost. This mission is grounded in the Cooperative's commitment to delivering excellent and innovative customer service.

    The Cooperative's top priority is to ensure top-quality Electric service reliability for its members. It strives to offer reasonable rates, making electricity accessible to those living in rural areas. Employee teamwork is another essential aspect of the Cooperative's mission, with a focus on maintaining a cohesive and dedicated workforce. Integrity is upheld in all Cooperative endeavors, reflecting the organization's commitment to ethical business practices.

    Rita Blanca Electric Cooperative Inc takes pride in its responsibility to provide Electric power to rural communities on a cooperative basis. It is a cooperative undertaking, with the community working together to access this essential service. The Cooperative's dedication to its mission is evident in its pursuit of delivering reliable Electric service and affordable rates to its members, making a significant difference in their lives.

    Impact

    This information is meant to be a general summary of Rita Blanca 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

    Rita Blanca Electric Cooperative Inc's impact is evident in its mission to provide electric power to rural areas at cost on a cooperative basis. By prioritizing excellent customer service, top-quality electric service reliability, affordable rates, employee teamwork, and integrity in all endeavors, the cooperative plays a crucial role in ensuring rural communities have access to reliable electricity. This impact extends beyond just providing a utility service; it contributes to the overall well-being and development of rural areas in Texas.





    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: $384,142
  • Program Service Revenue: $90,140,936
  • Gross Receipts: $90,530,543

    • Assets and Liabilities:
  • Total Assets: $130,821,379
  • Total Liabilities: $26,546,096
  • Net Assets: $104,275,283
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $88,048,674

    PATRONAGE DIVIDENDS

    Revenue

    $1,954,194

    SERVICE FEES

    Revenue

    $138,068

    Organization Details

    Founding Year

    1945

    Principal Officer

    Brent Wheeler

    Main Address

    PO BOX 1947, DALHART, TX, 790225947

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Rita Blanca 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.