United Electric Co-Op Inc

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

EIN: 841424733 ✦ Heyburn, ID ✦ Designated as a 501(c)(12)

Overview

What is United Electric Co-Op Inc?

United Electric Co-Op Inc is a nonprofit organization that provides electric energy sales and maintenance services to approximately 4,482 members, catering to 6,632 active services. The cooperative purchases a substantial amount of electricity, totaling 313,933,177 kwh, in order to fulfill its mission of delivering electric energy to its community of patrons.


Official website here: www.uec.coop

Is United Electric Co-Op Inc legitimate?

United Electric Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. United Electric Co-Op 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: $522,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,998,787

For more financial information, click here


Official website here: www.uec.coop

What is the mission statement of United Electric Co-Op Inc?

United Electric Co-op is dedicated to delivering electric energy to its customer base of 4,482 members. With 6,632 active services under its care, the cooperative procures a substantial amount of electricity, totaling 313,933,177 kwh. This acquisition is driven by the co-op's commitment to fulfilling its mission of providing dependable electric energy sales to its patrons. The cooperative goes beyond just energy sales, offering essential maintenance services to ensure the consistent and efficient delivery of power.


Official website here: www.uec.coop

Who is the CEO of United Electric Co-Op Inc?

Michael Darrington is the General Manager of United Electric Co-Op Inc.


Official website here: www.uec.coop

What is the revenue of United Electric Co-Op Inc?

United Electric Co-Op Inc's revenue in 2022 was $22,126,425.


Official website here: www.uec.coop

Who are the executives of United Electric Co-Op Inc and what are their salaries?

The average compensation at United Electric Co-Op Inc during 2022 was $86,948. There are 29 employees at United Electric Co-Op Inc.

Here are 15 key members and their salaries:

    Michael Darrington (General Manager)
  • Compensation: $176,754
  • Related: $0
  • Other: $61,710

    • Trevor Parke (Engineering & Operations Mana)
  • Compensation: $142,240
  • Related: $0
  • Other: $63,682

    • Frank A Matthews (Line Foreman)
  • Compensation: $123,726
  • Related: $0
  • Other: $61,595

    • Ace Jones (Lineman)
  • Compensation: $127,264
  • Related: $0
  • Other: $48,627

    • Charles Fleming (Working Foreman)
  • Compensation: $122,270
  • Related: $0
  • Other: $51,462

    • Blair Burkman (Lineman)
  • Compensation: $125,830
  • Related: $0
  • Other: $47,354

    • Carla Beck (Accountant)
  • Compensation: $100,011
  • Related: $0
  • Other: $58,728

    • David Hruza (Vice-President) [Trustee/Director]
  • Compensation: $17,725
  • Related: $0
  • Other: $0

    • Dean Nielsen (President) [Trustee/Director]
  • Compensation: $16,400
  • Related: $0
  • Other: $0

    • Bruce Beck (Director)
  • Compensation: $15,963
  • Related: $0
  • Other: $0

    • David Phillips (Director)
  • Compensation: $15,700
  • Related: $0
  • Other: $0

    • George Toner (Director)
  • Compensation: $15,500
  • Related: $0
  • Other: $0

    • Cordell Searle (Secretarytreasurer) [Trustee/Director]
  • Compensation: $15,500
  • Related: $0
  • Other: $0

    • Brent Bowen (Director)
  • Compensation: $15,400
  • Related: $0
  • Other: $0

    • David Smith (Director)
  • Compensation: $13,325
  • Related: $0
  • Other: $0


  • Official website here: www.uec.coop

    Where can I find the form 990 for United Electric Co-Op Inc?

    The United Electric Co-Op Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.uec.coop

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

    Mission Statement of United Electric Co-Op Inc

    United Electric Co-Op, a mission-driven electric energy provider, serves 4,482 members by selling electricity and offering maintenance services to 6,632 active accounts. The cooperative's primary goal is to deliver electric energy to its community, as indicated by its purchase of 313,933,177 kwh of electricity. With a commitment to its patrons, United Electric Co-Op ensures a consistent electric energy supply, alongside essential maintenance services. This dedication to its members underpins the cooperative's purpose and identity in the energy sector.

    Impact

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




    Thursday, August 15, 2024

    United Electric Co-Op Inc's impact is significant in providing electric energy sales to patrons in Heyburn, Idaho. With a mission to serve 6,632 active services for 4,482 members, the cooperative plays a crucial role in ensuring reliable electricity supply to the community. Purchasing over 313 million kilowatt-hours of electricity, United Electric Co-Op Inc contributes to the overall well-being and development of the area by fulfilling the essential need for power. Through their operations, they not only provide a vital service but also support the economic and social activities 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: $268,723
  • Program Service Revenue: $21,783,340
  • Gross Receipts: $22,389,324

    • Assets and Liabilities:
  • Total Assets: $27,141,492
  • Total Liabilities: $6,849,250
  • Net Assets: $20,292,242
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $20,739,078

    OTHER OPERATING REV

    Revenue

    $1,044,262

    Organization Details

    Founding Year

    1997

    Principal Officer

    Michael Darrington

    Main Address

    1330 21ST STREET, HEYBURN, ID, 83336

    NTEE Category

    Code: W80 - Public benefit

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