Dubois Rural Electric Cooperative Inc

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

EIN: 350279278 ✦ Jasper, IN ✦ Designated as a 501(c)(12)

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Overview

What is Dubois Rural Electric Cooperative Inc?

Dubois Rural Electric Cooperative Inc is a nonprofit organization based in Jasper, Indiana. They serve the local communities by providing safe, reliable, and affordable electric power solutions. With a team of 32 employees, Dubois Rural Electric Cooperative, Inc. is dedicated to enhancing the lives of its members by ensuring consistent electricity services, aiming to maintain a high standard of living for those they serve.


Official website here: www.duboisrec.com

What are the reviews and ratings of this charity?

Dubois Rural Electric Cooperative Inc currently does not have a rating on Charity Navigator. This absence of a rating is not indicative of either a positive or negative standing; it purely means the organization has not been evaluated due to its non-501(c)(3) status on the IRS registry. Charity Navigator traditionally assesses organizations on Accountability and Finance, but Dubois does not meet the criteria for such an evaluation in the current system.

The cooperative operates as an independent organization, which means it functions autonomously without auxiliary support. Data from IRS Forms 990 is available, but there is no provided information regarding total revenue, expenses, or salary of key personnel. It’s important to note that organizations not holding a 501(c)(3) status, like Dubois, do not qualify for the same scrutiny or benefits as those that do, including eligibility for tax-deductible contributions.

There are no available user reviews on GreatNonprofits for Dubois Rural Electric Cooperative Inc. As such, we cannot provide insights into public sentiment or anecdotal feedback regarding its performance or community impacts.


This AI summary has been generated from information found on Charity Navigator.

Is Dubois Rural Electric Cooperative Inc legitimate?

Dubois Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dubois Rural 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $719,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,785,452

For more financial information, click here


Official website here: www.duboisrec.com

What is the mission statement of Dubois Rural Electric Cooperative Inc?

Dubois Rural Electric Cooperative Inc strives to enrich the lives of the communities they serve by ensuring access to safe, reliable, and affordable electricity and energy solutions. Their mission is centered around enhancing the living conditions of their members through the provision of essential electrical services. The Cooperative is dedicated to maintaining the highest safety standards and delivering uninterrupted power to support the daily needs of households and businesses. By offering affordable electricity, they aim to alleviate financial burdens and contribute to the overall well-being of the communities they serve. Their commitment extends beyond electricity, as they continually explore and provide energy solutions to help their members make informed decisions for their homes and businesses.


Official website here: www.duboisrec.com

Who is the CEO of Dubois Rural Electric Cooperative Inc?

Brad Knies is the President of Dubois Rural Electric Cooperative Inc. The CEO's salary of Dubois Rural Electric Cooperative Inc is $245,534 and their total compensation is $465,403.


Official website here: www.duboisrec.com

What is the revenue of Dubois Rural Electric Cooperative Inc?

Dubois Rural Electric Cooperative Inc's revenue in 2022 was $33,887,649.


Official website here: www.duboisrec.com

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

The average compensation at Dubois Rural Electric Cooperative Inc during 2022 was $78,278. There are 32 employees at Dubois Rural Electric Cooperative Inc.


Here are 14 key members and their salaries (Dubois Rural Electric Cooperative Inc's CEO's salary is $245,534 and their total compensation is $465,403):


Joseph Henson (Ceo)
  • Compensation: $245,534
  • Related: $0
  • Other: $219,869
Patrick Licklyter (Operations Manager)
  • Compensation: $138,960
  • Related: $0
  • Other: $140,179
Greg Dilger (Project Engineer)
  • Compensation: $127,199
  • Related: $0
  • Other: $86,618
Scott Rottet (Journeyman Lineman)
  • Compensation: $131,615
  • Related: $0
  • Other: $70,343
Matthew Werner (Journeyman Lineman)
  • Compensation: $123,156
  • Related: $0
  • Other: $49,460
Daniel Burke (Journeyman Lineman)
  • Compensation: $131,093
  • Related: $0
  • Other: $25,002
Craig Adams (Cfo)
  • Compensation: $77,295
  • Related: $0
  • Other: $52,112
David Rudolph (Director)
  • Compensation: $22,958
  • Related: $0
  • Other: $0
Brad Knies (President)
  • Compensation: $19,558
  • Related: $0
  • Other: $0
Andy Schwenk (Director)
  • Compensation: $17,833
  • Related: $0
  • Other: $0
Steven Speedy (Director)
  • Compensation: $16,708
  • Related: $0
  • Other: $0
Randall Stemle (Secretary)
  • Compensation: $16,458
  • Related: $0
  • Other: $0
Mark Montgomery (Director)
  • Compensation: $15,708
  • Related: $0
  • Other: $0
Richard Wendholt (Vice President)
  • Compensation: $15,424
  • Related: $0
  • Other: $0


Official website here: www.duboisrec.com

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

Dubois Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.duboisrec.com

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

Mission Statement of Dubois Rural Electric Cooperative Inc

Dubois Rural Electric Cooperative Inc, a dedicated organization, strives to enhance the lives of the members and communities it serves. By focusing on providing safe, reliable, and affordable electricity and energy solutions, it aims to make a significant difference.

This mission-driven cooperative works tirelessly to ensure the communities it serves can rely on a consistent power supply. The team at Dubois Rural Electric Cooperative Inc is committed to delivering electricity that not only keeps homes and businesses running smoothly but also prioritizes the safety of its members.

Moreover, the cooperative extends its reach beyond electricity by offering energy solutions to its members. By providing affordable and efficient energy options, Dubois Rural Electric Cooperative Inc empowers its communities to make informed decisions about their energy usage and reduce their carbon footprint.

In summary, Dubois Rural Electric Cooperative Inc is more than just a power provider. It is a vital community partner dedicated to enhancing the lives of its members by delivering safe, reliable, and affordable electricity and energy solutions.

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Impact




October, 2024

Dubois Rural Electric Cooperative Inc. significantly impacts the lives of its members and the wider community by ensuring access to safe, reliable, and affordable electricity. Located in Jasper, Indiana, the cooperative focuses on enhancing the quality of life for its members by providing essential energy solutions. This commitment not only supports everyday living but also fosters economic growth and sustainability within the region.

By prioritizing reliability and affordability, Dubois Rural Electric Cooperative mitigates energy costs for households and businesses alike, allowing them to allocate resources to other important areas of their lives and operations. Furthermore, the cooperative engages with the community to promote energy efficiency and sustainable practices, which can lead to long-term benefits for both the environment and the local economy.

The cooperative's mission extends beyond just providing electricity; it actively seeks to empower its members through education and resources that encourage responsible energy use. This holistic approach positions Dubois Rural Electric Cooperative as a vital resource, helping to build resilient and thriving communities in Jasper and surrounding areas.




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


Financials

This financial information is from Propublica.

Revenue
$33,887,649 (2022)
Expenses
$33,887,649 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $85,405
  • Program Service Revenue: $33,536,029
  • Gross Receipts: $33,928,748

Assets and Liabilities:

  • Total Assets: $66,102,228
  • Total Liabilities: $20,234,854
  • Net Assets: $45,867,374

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Programs

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

CONSUMER PATRONAGE CAP

Revenue

$44,517

G & T PATRONAGE CAPITAL

Revenue

$698,839

SALE OF ELECTRICTY

Revenue

$32,792,673

Organization Details

Founding Year

1939

Principal Officer

Brad Knies

Main Address

PO BOX 610, JASPER, IN, 47547

NTEE Category

Code: W80 - Public benefit

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