Oregon Trail Electric Consumers Cooperative Inc

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

EIN: 930958642 ✦ Baker city, OR ✦ Designated as a 501(c)(12)

Overview

What is Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc is a nonprofit organization located in the United States, dedicated to delivering safe and dependable electric and related services to its member-owners. By adhering to cooperative principles, this organization strives to enhance the economy and improve the quality of life for its community. The primary mission of Oregon Trail Electric Consumers Cooperative is to ensure the reliable provision of electric services to its members, fostering a sustainable and prosperous environment for all.


Official website here: www.otec.coop

Is Oregon Trail Electric Consumers Cooperative Inc legitimate?

Oregon Trail Electric Consumers Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Oregon Trail Electric Consumers 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: $1,867,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.otec.coop

What is the mission statement of Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc is dedicated to ensuring the delivery of safe and dependable electric and related services to its members. This mission is aligned with the cooperative principles, enabling the organization to positively impact the economy and enhance the quality of life for those it serves. By providing electric service to its member-owners, Oregon Trail Electric Consumers Cooperative plays a crucial role in supporting the communities it reaches. The cooperative's commitment extends beyond electricity, ensuring its members have access to essential services that contribute to their overall well-being.


Official website here: www.otec.coop

Who is the CEO of Oregon Trail Electric Consumers Cooperative Inc?

Les M Penning is the Ceo of Oregon Trail Electric Consumers Cooperative Inc. The CEO's salary of Oregon Trail Electric Consumers Cooperative Inc is $348,987 and their total compensation is $560,464.


Official website here: www.otec.coop

What is the revenue of Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc's revenue in 2022 was $60,388,263.


Official website here: www.otec.coop

Who are the executives of Oregon Trail Electric Consumers Cooperative Inc and what are their salaries?

The average compensation at Oregon Trail Electric Consumers Cooperative Inc during 2022 was $21,711. There are 86 employees at Oregon Trail Electric Consumers Cooperative Inc.

Here are 19 key members and their salaries (Oregon Trail Electric Consumers Cooperative Inc's CEO's salary is $348,987 and their total compensation is $560,464):

    Les M Penning (Ceo)
  • Compensation: $348,987
  • Related: $0
  • Other: $211,477

    • Charles Tracy (Director Of Engineering)
  • Compensation: $182,590
  • Related: $0
  • Other: $124,420

    • Tim Sheehy (Director Of It)
  • Compensation: $152,254
  • Related: $0
  • Other: $131,491

    • Tom Higgins (Working Foreman)
  • Compensation: $197,539
  • Related: $0
  • Other: $85,785

    • Blake Eckstein (General Foreman)
  • Compensation: $224,338
  • Related: $0
  • Other: $49,248

    • Rich Eskew (Working Foreman)
  • Compensation: $177,952
  • Related: $0
  • Other: $84,921

    • Eric Wirfs (Director Of Operations)
  • Compensation: $167,459
  • Related: $0
  • Other: $83,876

    • Travis Smart (Serviceman/Inspect)
  • Compensation: $182,989
  • Related: $0
  • Other: $67,466

    • Heidi Dalton (Cfo)
  • Compensation: $167,973
  • Related: $0
  • Other: $78,194

    • Tadd Mccrae (Working Foreman)
  • Compensation: $182,527
  • Related: $0
  • Other: $47,260

    • Wayne Overton (President) [Trustee/Director]
  • Compensation: $33,950
  • Related: $0
  • Other: $0

    • Aletha Bonebrake (Vice President) [Trustee/Director]
  • Compensation: $26,700
  • Related: $0
  • Other: $0

    • Robert Cargill (Director)
  • Compensation: $25,950
  • Related: $0
  • Other: $0

    • David Baum (Director)
  • Compensation: $24,750
  • Related: $0
  • Other: $0

    • Gary Miller (Secretary-Treas) [Trustee/Director]
  • Compensation: $24,750
  • Related: $0
  • Other: $0

    • Charlene Chase (Director)
  • Compensation: $24,300
  • Related: $0
  • Other: $0

    • Austin Bingaman (Director)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • George Galloway (Director)
  • Compensation: $19,350
  • Related: $0
  • Other: $0

    • Cory Miller (Director)
  • Compensation: $17,100
  • Related: $0
  • Other: $0


  • Official website here: www.otec.coop

    Where can I find the form 990 for Oregon Trail Electric Consumers Cooperative Inc?

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


    Official website here: www.otec.coop

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

    Mission Statement of Oregon Trail Electric Consumers Cooperative Inc

    Oregon Trail Electric Consumers Cooperative, or OTEC, is a mission-driven organization committed to delivering safe and dependable electric and related services to its member-owners. Rooted in the cooperative principles, OTEC goes beyond just providing electricity; it supports the economic well-being and enhances the quality of life for its community members.

    OTEC's primary goal is to ensure the secure and reliable delivery of electric services to its members. Through its programs, the cooperative prioritizes safety in every aspect of its operations. By relying on the cooperative principles, OTEC fosters a sense of community among its members and strives to make a positive impact on their daily lives.

    In addition to electric service, OTEC extends its reach to various initiatives that benefit its members. The cooperative's programs aim to create a strong economic foundation that sustains the communities it serves. By providing electric service, OTEC plays a crucial role in supporting local businesses, schools, and households, all of which contribute to the overall prosperity of its member base.

    OTEC's commitment to its members extends beyond the power grid. By adhering to cooperative principles, the organization creates a strong sense of unity and shared commitment among its members. This collective effort allows OTEC to address the needs of its community in a more holistic and effective manner. With a focus on safety, reliability, and community involvement, Oregon Trail Electric Consumers Cooperative is more than just an electric provider—it's a partner in the development and improvement of the lives of its members.

    Impact

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




    Thursday, August 15, 2024

    Oregon Trail Electric Consumers Cooperative Inc's impact lies in its ability to safely provide reliable electric and related services that support the economy and the quality of life of its members. By following cooperative principles, OTEC plays a crucial role in ensuring that its member-owners have access to essential electric services. This not only contributes to the economic development of the community but also enhances the overall quality of life for OTEC members in Baker City, Oregon. Through its public benefit-focused initiatives, OTEC continues to make a meaningful difference in the lives of those it serves.





    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: $192,239
  • Program Service Revenue: $60,195,743
  • Gross Receipts: $60,388,263

    • Assets and Liabilities:
  • Total Assets: $135,903,516
  • Total Liabilities: $58,019,763
  • Net Assets: $77,883,753
  • Programs

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

    ELECTRIC ENERGY SALES

    Revenue

    $59,154,493

    OTHER ELECTRIC REVENUE

    Revenue

    $758,584

    PATRONAGE ALLOCATIONS

    Revenue

    $106,206

    POLE RENTAL INCOME

    Revenue

    $176,460

    Organization Details

    Founding Year

    1987

    Principal Officer

    Les M Penning

    Main Address

    PO BOX 226, BAKER CITY, OR, 97814

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Oregon Trail Electric Consumers 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.