Douglas Electric Cooperative Inc

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

EIN: 930308755 ✦ Roseburg, OR ✦ Designated as a 501(c)(12)

Overview

What is Douglas Electric Cooperative Inc?

Douglas Electric Cooperative Inc, based in Roseburg, Oregon, is a public utility organization that plays a crucial role in providing electric services to its member community. The cooperative's primary mission encompasses the sale and distribution of electrical power to ensure a consistent energy supply. It is essential to note that Douglas Electric Cooperative functions as a nonprofit entity, dedicating its resources to its members' electrical needs.


Official website here: www.douglaselectric.com

Is Douglas Electric Cooperative Inc legitimate?

Douglas Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Douglas 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: $521,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,274,963

For more financial information, click here


Official website here: www.douglaselectric.com

What is the mission statement of Douglas Electric Cooperative Inc?

Douglas Electric Cooperative is a utility company dedicated to delivering electric services to its member base. The organization's primary objective is to supply electricity, and it offers associated programs to facilitate this mission. The cooperative ensures a reliable electric service for its community, prioritizing their energy requirements. Additionally, it offers various initiatives to cater to the needs of its members. By providing electric services, Douglas Electric Cooperative plays a crucial role in enhancing the quality of life for those it serves.


Official website here: www.douglaselectric.com

Who is the CEO of Douglas Electric Cooperative Inc?

Keith Brooks is the Principal Officer of Douglas Electric Cooperative Inc. The CEO's salary of Douglas Electric Cooperative Inc is $238,839 and their total compensation is $299,910.


Official website here: www.douglaselectric.com

What is the revenue of Douglas Electric Cooperative Inc?

Douglas Electric Cooperative Inc's revenue in 2022 was $24,667,189.


Official website here: www.douglaselectric.com

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

The average compensation at Douglas Electric Cooperative Inc during 2022 was $62,151. There are 45 employees at Douglas Electric Cooperative Inc.

Here are 15 key members and their salaries (Douglas Electric Cooperative Inc's CEO's salary is $238,839 and their total compensation is $299,910):

    Way Todd (Dsi Manager)
  • Compensation: $0
  • Related: $281,333
  • Other: $50,483

    • Brooks Keith (Ceo)
  • Compensation: $238,839
  • Related: $0
  • Other: $61,071

    • Utley Donald (General-Forman)
  • Compensation: $182,494
  • Related: $0
  • Other: $62,310

    • Sherwood Todd (Fire Mitigation Manager)
  • Compensation: $159,811
  • Related: $0
  • Other: $54,905

    • Mccall Cody (Lineman)
  • Compensation: $169,540
  • Related: $0
  • Other: $32,689

    • Bigler Phillip (Assistant Gm)
  • Compensation: $148,071
  • Related: $0
  • Other: $51,040

    • Robbins Nathan (Lineman)
  • Compensation: $159,300
  • Related: $0
  • Other: $33,765

    • Reinhart William (Cfo)
  • Compensation: $141,301
  • Related: $0
  • Other: $47,239

    • Cairns Shirley (Secretary) [Trustee/Director]
  • Compensation: $7,240
  • Related: $0
  • Other: $0

    • House E David (Director)
  • Compensation: $6,280
  • Related: $0
  • Other: $0

    • Jackson Bill (Vice President) [Trustee/Director]
  • Compensation: $5,480
  • Related: $0
  • Other: $0

    • Barnes Evan (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Poage Robert (President) [Trustee/Director]
  • Compensation: $3,680
  • Related: $0
  • Other: $0

    • Armstrong Suzette (Treasurer) [Trustee/Director]
  • Compensation: $3,120
  • Related: $0
  • Other: $0

    • Nelson Terry (Director)
  • Compensation: $2,600
  • Related: $0
  • Other: $0


  • Official website here: www.douglaselectric.com

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

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


    Official website here: www.douglaselectric.com

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

    Mission Statement of Douglas Electric Cooperative Inc

    Douglas Electric Cooperative, a public utility organization, is committed to delivering electric services to its members. Situated in Roseburg, Oregon, this cooperative prioritizes the power needs of its community, offering various programs to cater to their energy requirements.

    At the heart of Douglas Electric Cooperative's mission lies the provision of essential electric services. By harnessing the power of electricity, this cooperative aims to enhance the daily lives of its members, ensuring they have access to reliable and consistent energy. Moreover, Douglas Electric Cooperative extends its reach by offering additional programs, primarily focusing on the sale of electrical services.

    The cooperative's dedication to its members extends beyond the mere supply of electricity. Douglas Electric Cooperative is well-equipped to address the varied needs of its community, adapting to the evolving energy landscape and striving to provide the most effective and efficient solutions. By embracing innovation and consistently delivering high-quality services, Douglas Electric Cooperative continues to strengthen its connection to its members and uphold its commitment to their electrification.

    Impact

    This information is meant to be a general summary of Douglas 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

    Douglas Electric Cooperative Inc's impact lies in providing essential electric service to its members in Roseburg, OR. By ensuring reliable and affordable electricity, Douglas Electric Cooperative contributes to the daily lives and economic activities of individuals, businesses, and communities in the region. This access to electricity enables residents to power their homes, run their businesses, and participate in modern life with convenience and efficiency. Through its programs and services, Douglas Electric Cooperative plays a crucial role in supporting the well-being and development of its members and the local area.





    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: $435,198
  • Program Service Revenue: $18,673,374
  • Gross Receipts: $24,778,208

    • Assets and Liabilities:
  • Total Assets: $76,966,884
  • Total Liabilities: $31,690,286
  • Net Assets: $45,276,598
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $18,408,895

    RENT FROM ELECTRIC PROPERTY

    Revenue

    $264,479

    Organization Details

    Founding Year

    1939

    Principal Officer

    Keith Brooks

    Main Address

    PO BOX 1327, ROSEBURG, OR, 97470

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Douglas 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.