Kc Electric Association Inc

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

EIN: 840390042 ✦ Hugo, CO ✦ Designated as a 501(c)(12)

Overview

What is Kc Electric Association Inc?

Kc Electric Association Inc is a Colorado-based nonprofit organization located in Hugo, PO Box 8, with a workforce of 24 employees. Their primary mission is to deliver dependable electric power and associated services to their members at the most economical price. The organization operates in three eastern Colorado counties, Cheyenne, Kit Carson, and Lincoln, managing over 3,000 miles of power lines and serving 6,607 meters.


Official website here: www.kcelectric.coop

Is Kc Electric Association Inc legitimate?

Kc Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kc Electric Association 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: $708,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $637,656

For more financial information, click here


Official website here: www.kcelectric.coop

What is the mission statement of Kc Electric Association Inc?

Kc Electric Association Inc is dedicated to delivering reliable electric power and associated services to its members at the most affordable cost. The organization's primary goal is to ensure a consistent power supply to enhance the daily lives of its members. In providing this essential service, Kc Electric Association Inc strives to keep costs low to ensure accessibility for all. Last year, the association sold a substantial amount of electricity to over 6,000 meters, serving a vast network of 3,049 miles of lines across three counties.


Official website here: www.kcelectric.coop

Who is the CEO of Kc Electric Association Inc?

David Churchwell is the General Mana of Kc Electric Association Inc.


Official website here: www.kcelectric.coop

What is the revenue of Kc Electric Association Inc?

Kc Electric Association Inc's revenue in 2022 was $28,375,807.


Official website here: www.kcelectric.coop

Who are the executives of Kc Electric Association Inc and what are their salaries?

The average compensation at Kc Electric Association Inc during 2022 was $56,085. There are 24 employees at Kc Electric Association Inc.

Here are 14 key members and their salaries:

    David Churchwell (General Mana)
  • Compensation: $252,984
  • Related: $0
  • Other: $162,463

    • Paul Norris (Operations M)
  • Compensation: $154,625
  • Related: $0
  • Other: $111,232

    • George Unruh (Foreman Line)
  • Compensation: $119,605
  • Related: $0
  • Other: $81,910

    • Bo Randolph (Cfo)
  • Compensation: $133,976
  • Related: $0
  • Other: $46,163

    • Christopher Notter (Foreman Line)
  • Compensation: $114,298
  • Related: $0
  • Other: $55,986

    • Kevin Penny (President) [Trustee/Director]
  • Compensation: $14,850
  • Related: $0
  • Other: $0

    • Jerry Allen (Director)
  • Compensation: $13,800
  • Related: $0
  • Other: $0

    • G Wayne Parrish (Director)
  • Compensation: $12,900
  • Related: $0
  • Other: $0

    • Eric Poss (Director)
  • Compensation: $12,200
  • Related: $0
  • Other: $0

    • Robert Bledsoe (Director)
  • Compensation: $12,150
  • Related: $0
  • Other: $0

    • James Michal (Director)
  • Compensation: $12,150
  • Related: $0
  • Other: $0

    • David Ritchey (Director)
  • Compensation: $12,150
  • Related: $0
  • Other: $0

    • Terry Tagtmeyer (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Daniel Mills (Director)
  • Compensation: $10,600
  • Related: $0
  • Other: $0


  • Official website here: www.kcelectric.coop

    Where can I find the form 990 for Kc Electric Association Inc?

    The Kc Electric Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kcelectric.coop

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

    Mission Statement of Kc Electric Association Inc

    Kc Electric Association Inc, a dedicated nonprofit organization, strives to deliver dependable electric power and associated services to its members at the most economical costs. With a commitment to affordability, KCEA works tirelessly to ensure its members receive consistent and reliable electricity. The organization sold an impressive 241,311,353 kilowatt-hours (kWh) to 6,607 meters spread across 3,049 miles of line in three counties. KCEA's unwavering focus on member satisfaction and affordability is reflected in its operations, making it an essential utility provider in the energy sector. By supplying electricity efficiently and at competitive rates, Kc Electric Association Inc continues to make a significant impact on the lives of its members.

    Impact

    This information is meant to be a general summary of Kc Electric Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Kc Electric Association Inc plays a vital role in the communities of Cheyenne, Kit Carson, and Lincoln counties in Eastern Colorado. By providing reliable electric power and related services to its members, KCEA ensures that homes, businesses, and essential services have access to the energy they need to thrive. With over 3,000 miles of power lines and serving over 6,000 meters, KCEA's impact is felt far and wide in the region. Their commitment to affordability further enhances their positive footprint, making a tangible difference in the lives of those they serve.





    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: $80,246
  • Program Service Revenue: $28,288,829
  • Gross Receipts: $28,377,289

    • Assets and Liabilities:
  • Total Assets: $63,987,749
  • Total Liabilities: $20,895,291
  • Net Assets: $43,092,458
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $28,077,470

    CAPITAL CREDITS

    Revenue

    $111,796

    OTHER OPERATING REVENUE

    Revenue

    $99,563

    Organization Details

    Founding Year

    1946

    Principal Officer

    David Churchwell

    Main Address

    PO BOX 8, HUGO, CO, 80821

    NTEE Category

    Code: W80 - Public benefit

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