Overview
What is Norris Electric Cooperative?
Norris Electric Cooperative is a nonprofit organization that provides electricity and additional services to rural members in an undisclosed location. Established with a mission to distribute power, the cooperative aims to ensure that its community members have access to essential electrical resources. The organization's activities focus on delivering electricity and other undisclosed benefits to its members, enhancing their living standards and promoting sustainable growth. By working together as a cooperative, the members of Norris Electric Cooperative can rely on a dependable source of power and the camaraderie of their fellow community members.
Official website here: www.norriselectric.com
What are the reviews and ratings of this charity?
Norris Electric Cooperative is not currently rated by Charity Navigator. This is due to their status as a non-501(c)(3) organization, meaning traditional evaluation criteria such as Accountability, Finance, and other operational metrics cannot be applied directly. The absence of a rating should not be interpreted as either positive or negative.
For Norris Electric Cooperative, Charity Navigator does provide available IRS Business Master File data, confirming its independent status. However, detailed financial information such as revenue, expenses, and key person salaries aren't disclosed. The Cooperative's evaluation is limited due to the lack of comprehensive data typically used for non-profits under a 501(c)(3) designation.
There are no user reviews available for Norris Electric Cooperative on GreatNonprofits. This limits public insight into personal experiences or opinions regarding the organization's impact and community engagement. Consequently, any discussions about the Cooperative's strengths or areas for improvement would be speculative.
This AI summary has been generated from information found on Charity Navigator.
Is Norris Electric Cooperative legitimate?
Norris Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Norris Electric Cooperative 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: $87,507
Professional Fundraising Fees: $0
Other Salaries and Wages: $344,722
For more financial information, click here
Official website here: www.norriselectric.com
What is the mission statement of Norris Electric Cooperative?
The Norris Electric Cooperative is dedicated to providing electricity and additional services to its membership base. Their mission is to ensure the delivery of power to rural communities, enhancing their quality of life. Through reliable electricity, the cooperative aims to contribute significantly to the daily routines and overall development of its members. Furthermore, the cooperative may offer ancillary services to strengthen its relationship with the community it serves, thus fostering a sense of unity and support.
Official website here: www.norriselectric.com
Who is the CEO of Norris Electric Cooperative?
Tamara Phillips is the Principal Officer of Norris Electric Cooperative.
Official website here: www.norriselectric.com
What is the revenue of Norris Electric Cooperative?
Norris Electric Cooperative's revenue in 2022 was $47,152,276.
Official website here: www.norriselectric.com
Who are the executives of Norris Electric Cooperative and what are their salaries?
The average compensation at Norris Electric Cooperative during 2022 was $7,583. There are 57 employees at Norris Electric Cooperative.
Here are 18 key members and their salaries:
- Compensation: $3,025
- Related: $0
- Other: $0
- Compensation: $3,850
- Related: $0
- Other: $0
- Compensation: $3,850
- Related: $0
- Other: $0
- Compensation: $4,125
- Related: $0
- Other: $0
- Compensation: $3,575
- Related: $0
- Other: $0
- Compensation: $4,675
- Related: $0
- Other: $0
- Compensation: $4,675
- Related: $0
- Other: $0
- Compensation: $7,425
- Related: $0
- Other: $0
- Compensation: $7,025
- Related: $0
- Other: $0
- Compensation: $6,600
- Related: $0
- Other: $0
- Compensation: $3,025
- Related: $0
- Other: $0
- Compensation: $2,200
- Related: $0
- Other: $0
- Compensation: $202,624
- Related: $0
- Other: $45,464
- Compensation: $149,948
- Related: $0
- Other: $39,781
- Compensation: $162,081
- Related: $0
- Other: $47,678
- Compensation: $134,686
- Related: $0
- Other: $36,019
- Compensation: $139,985
- Related: $0
- Other: $46,997
- Compensation: $134,949
- Related: $0
- Other: $47,612
Official website here: www.norriselectric.com
Where can I find the form 990 for Norris Electric Cooperative?
Norris Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.norriselectric.com
Learn more at the official website: www.norriselectric.com
Mission Statement of Norris Electric Cooperative
Norris Electric Cooperative, a mission-driven organization, is committed to providing electricity and other essential services to its rural members. In simple terms, its objective is to ensure that every household and business within its network has reliable access to electricity. With a focus on community empowerment, Norris Electric Cooperative goes beyond just energy distribution. It aspires to enhance the quality of life of its members by offering them essential services that contribute to their overall well-being.
The cooperative's actions speak louder than words. It is more than just a power supplier; it is a partner that plays a pivotal role in uplifting the communities it serves. Norris Electric Cooperative's dedication extends beyond the confines of electricity. It is a beacon of hope for its members, working tirelessly to ensure they have the resources they need to thrive. By providing electricity, the cooperative enables its members to power their homes, run their businesses, and maintain a standard of living that is essential for their growth and development. In turn, the communities it serves flourish, creating a cycle of progress that benefits everyone involved.
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Impact
October, 2024
Norris Electric Cooperative plays a vital role in providing electricity and essential services to rural members in the Newton, IL area. By distributing electricity, it ensures that homes and businesses in less populated regions have reliable access to energy, which is crucial for modern living. The cooperative's mission centers on meeting the needs of its members, enhancing their quality of life and supporting local communities.
In addition to electricity, Norris Electric Cooperative may offer other services that contribute to the overall well-being of its members, positioning itself as a key player in the region's development and public benefit. The cooperative model fosters a sense of community and collaboration, ensuring that members are actively engaged and have a voice in the operations and decisions impacting their energy services. This impact extends beyond mere electricity; it helps stimulate local economies and improve everyday life in rural areas, highlighting the importance of sustainable energy solutions for all.
This information is meant to be a general summary of Norris Electric Cooperative. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$155,644
- Program Service Revenue: $47,051,752
- Gross Receipts: $47,359,651
Assets and Liabilities:
- Total Assets: $134,097,088
- Total Liabilities: $58,907,333
- Net Assets: $75,189,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SMALL SINGLE PHASE
Revenue
$27,052,509
COMMERCIAL & INDUSTRIAL SALES
Revenue
$13,628,409
RESIDENTIAL A-D
Revenue
$3,289,096
SMALL ELECTRIC HEAT-AE
Revenue
$2,259,885
PUBLIC AUTHORITY SALES
Revenue
$285,508
Organization Details
Founding Year
1938
Phone
(618) 783-8765Principal Officer
Tamara Phillips
Main Address
8543 N STATE HWY 130, NEWTON, IL, 62448
Website
www.norriselectric.comNTEE Category
Code: W80 - Public benefit
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