Norris Electric Cooperative

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

EIN: 370442695 ✦ Newton, IL ✦ Designated as a 501(c)(12)

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

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 not tax deductible.

Here 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:

    Tami Phillips (Manager)
  • Compensation: $202,624
  • Related: $0
  • Other: $45,464

    • Ian Moore (Maint Lineman Journeyman)
  • Compensation: $162,081
  • Related: $0
  • Other: $47,678

    • Steve Hunzinger (Maint Lineman Journeyman)
  • Compensation: $149,948
  • Related: $0
  • Other: $39,781

    • Connor Walters (Maint Lineman Journeyman)
  • Compensation: $139,985
  • Related: $0
  • Other: $46,997

    • Ralph Bowersock Jr (Maint Lineman Journeyman)
  • Compensation: $134,949
  • Related: $0
  • Other: $47,612

    • Douglas Casey (Maint Lineman Journeyman)
  • Compensation: $134,686
  • Related: $0
  • Other: $36,019

    • Dave Sheppard (Director)
  • Compensation: $7,425
  • Related: $0
  • Other: $0

    • Dan Strine (Director)
  • Compensation: $7,025
  • Related: $0
  • Other: $0

    • Ron Viehman (Director)
  • Compensation: $6,600
  • Related: $0
  • Other: $0

    • Gordon Mcclure (President) [Trustee/Director]
  • Compensation: $4,675
  • Related: $0
  • Other: $0

    • Justin Parcel (Vice President) [Trustee/Director]
  • Compensation: $4,675
  • Related: $0
  • Other: $0

    • Ted Helmink (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $4,125
  • Related: $0
  • Other: $0

    • Dean Dietrich (Director)
  • Compensation: $3,850
  • Related: $0
  • Other: $0

    • Gilbert Garbe (Director)
  • Compensation: $3,850
  • Related: $0
  • Other: $0

    • Kurt Holscher (Director)
  • Compensation: $3,575
  • Related: $0
  • Other: $0

    • Gary Buser (Director)
  • Compensation: $3,025
  • Related: $0
  • Other: $0

    • Scott Weiss (Director)
  • Compensation: $3,025
  • Related: $0
  • Other: $0

    • Ava Lemmon (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0


  • Official website here: www.norriselectric.com

    Where can I find the form 990 for Norris Electric Cooperative?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Norris Electric Cooperative's impact lies in providing essential electricity services to rural members of the cooperative in Newton, IL. By ensuring reliable access to electricity, Norris Electric Cooperative plays a crucial role in supporting the daily lives, businesses, and overall development of the rural community it serves. Their mission to provide electricity and other vital services to their members helps enhance the quality of life and economic opportunities in rural areas.





    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: $-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
  • 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

    Principal Officer

    Tamara Phillips

    Main Address

    8543 N STATE HWY 130, NEWTON, IL, 62448

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Norris Electric Cooperative 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.