Overview
What is Oconto Electric Cooperative?
Oconto Electric Cooperative is a nonprofit organization based in Oconto Falls, Wisconsin. They are dedicated to providing electricity to their cooperative members efficiently, following the cooperative principles. The organization purchases wholesale power, manages and operates an electrical distribution system, and offers member information and customer support. With a workforce of 38 employees, Oconto Electric Cooperative is committed to delivering electricity to its members while ensuring the sustainability and maintenance of their operations.
Official website here: www.ocontoelectric.com
What are the reviews and ratings of this charity?
The Oconto Electric Cooperative is not currently rated by Charity Navigator, as it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator evaluates organizations based on various criteria, including Accountability & Finance and Impact & Measurement beacons, but cannot apply these to Oconto Electric Cooperative due to its classification. The absence of a rating does not imply a negative or positive assessment but indicates limitations in the evaluation methodology for this organization.
Without a charitable 501(c)(3) status and relevant financial data, such as electronically-filed Form 990s, Charity Navigator does not provide detailed insights into the Cooperative's operations, financial health, or leadership profiles. This lack of data means that Oconto Electric Cooperative's public transparency and fiscal responsibility cannot be evaluated by standard nonprofit metrics.
No user reviews are available from GreatNonprofits, leaving a gap in community feedback about the cooperative's impact or reputation from its stakeholders or the general public. As a result, there is limited publicly available qualitative data to assess the Cooperative’s effectiveness or community involvement thoroughly.
This AI summary has been generated from information found on Charity Navigator.
Is Oconto Electric Cooperative legitimate?
Oconto Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Oconto 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: $585,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ocontoelectric.com
What is the mission statement of Oconto Electric Cooperative?
Oconto Electric Cooperative is dedicated to providing electricity to its members in an efficient manner, adhering to cooperative principles. The organization sources electricity for its members by purchasing wholesale power, manages and maintains an electrical distribution system, and operates member information and customer support services. By following cooperative principles, Oconto Electric Cooperative aims to deliver reliable and effective electric services to its community. It prioritizes member involvement and focuses on meeting the unique electrical needs of each household, fostering a sense of community and mutual support among its members.
Official website here: www.ocontoelectric.com
Who is the CEO of Oconto Electric Cooperative?
Byron Nolde is the Ceo of Oconto Electric Cooperative. The CEO's salary of Oconto Electric Cooperative is $290,598 and their total compensation is $420,978.
Official website here: www.ocontoelectric.com
What is the revenue of Oconto Electric Cooperative?
Oconto Electric Cooperative's revenue in 2022 was $17,335,038.
Official website here: www.ocontoelectric.com
Who are the executives of Oconto Electric Cooperative and what are their salaries?
The average compensation at Oconto Electric Cooperative during 2022 was $15,419. There are 38 employees at Oconto Electric Cooperative.
Here are 14 key members and their salaries (Oconto Electric Cooperative's CEO's salary is $290,598 and their total compensation is $420,978):
- Compensation: $290,598
- Related: $0
- Other: $130,380
- Compensation: $131,018
- Related: $0
- Other: $102,024
- Compensation: $125,392
- Related: $0
- Other: $78,991
- Compensation: $125,037
- Related: $0
- Other: $77,126
- Compensation: $122,663
- Related: $0
- Other: $50,710
- Compensation: $123,724
- Related: $0
- Other: $16,926
- Compensation: $58,979
- Related: $0
- Other: $50,980
- Compensation: $11,850
- Related: $0
- Other: $0
- Compensation: $10,500
- Related: $0
- Other: $0
- Compensation: $10,325
- Related: $0
- Other: $0
- Compensation: $10,205
- Related: $0
- Other: $0
- Compensation: $8,490
- Related: $0
- Other: $0
- Compensation: $6,840
- Related: $0
- Other: $0
- Compensation: $6,195
- Related: $0
- Other: $0
Official website here: www.ocontoelectric.com
Where can I find the form 990 for Oconto Electric Cooperative?
Oconto Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ocontoelectric.com
Learn more at the official website: www.ocontoelectric.com
Mission Statement of Oconto Electric Cooperative
Oconto Electric Cooperative, a not-for-profit organization, is committed to providing electricity to its members efficiently, upholding the cooperative principles. The cooperative sources electricity for its members by purchasing wholesale power, ensuring a reliable and consistent energy supply. In addition, Oconto Electric Cooperative builds, maintains, and operates an electrical distribution system, ensuring that power reaches members' homes and businesses effectively. The organization also runs member information and customer support operations, addressing inquiries and providing assistance to members in a friendly and knowledgeable manner. By focusing on cooperative principles and efficient electricity provision, Oconto Electric Cooperative aims to create a stronger and more connected community. The cooperative's dedication to its members and their energy needs is the driving force behind its operations, ensuring a brighter future for all involved.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Oconto Electric Cooperative plays a vital role in the community by providing reliable electricity to its members in an efficient manner. By adhering to cooperative principles, the organization ensures that its operations are transparent and focused on member needs.
The cooperative purchases wholesale power to supply its members while committing to the maintenance and enhancement of a robust electrical distribution system. This not only guarantees a steady source of electricity but also fosters local infrastructure development. Additionally, Oconto Electric Cooperative prioritizes member communication and customer support, ensuring that its members receive assistance and information tailored to their needs.
Overall, the impact of Oconto Electric Cooperative extends beyond mere electricity delivery; it strengthens the community by supporting local values, promoting sustainable practices, and enhancing the quality of life for its members in Oconto Falls and surrounding areas.
This information is meant to be a general summary of Oconto 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: $37,839
- Program Service Revenue: $17,160,748
- Gross Receipts: $17,705,023
Assets and Liabilities:
- Total Assets: $45,641,773
- Total Liabilities: $24,096,539
- Net Assets: $21,545,234
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC OPERATIONS
Revenue
$16,928,508
PATRONAGE DIVIDEND
Revenue
$210,059
RENTAL INCOME
Revenue
$22,181
Organization Details
Founding Year
1936
Phone
(920) 846-2816Principal Officer
Byron Nolde
Main Address
PO BOX 168, OCONTO FALLS, WI, 541540168
Website
www.ocontoelectric.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Oconto 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.