Overview
What is Farmers Electric Cooperative Inc?
Farmers Electric Cooperative Inc is a nonprofit organization based in Greenfield, Iowa. With approximately 5,045 consumers or 3,823 members, they provide dependable electricity and other services to enhance the quality of life within their communities. The cooperative added 0.953 miles of line to ensure the delivery of a reliable electrical energy supply. Their mission is to offer safe, affordable electricity to their members, and they currently employ 23 individuals to carry out this essential task.
Official website here: www.farmersrec.com
Is Farmers Electric Cooperative Inc legitimate?
Farmers Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Farmers 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $504,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,316,859
For more financial information, click here
What is the mission statement of Farmers Electric Cooperative Inc?
Farmers Electric Cooperative Inc is committed to delivering a dependable quality and quantity of electrical energy to its members. The cooperative's mission goes beyond just providing electricity, as it aims to enhance the quality of life within the communities it serves. By offering safe, reliable, and affordable electric services, Farmers Electric Cooperative, Inc. ensures that its consumers can go about their daily lives with minimal interruptions. The cooperative's efforts extend beyond electricity, and it strives to make a positive impact on its members' lives in various ways. Approximately 5,045 consumers or 3,823 members have access to these essential services, and the cooperative has recently added 0.953 miles of line to expand its reach.
Official website here: www.farmersrec.com
Who is the CEO of Farmers Electric Cooperative Inc?
Holi Weston is the Director of Farmers Electric Cooperative Inc. The CEO's salary of Farmers Electric Cooperative Inc is $92,166 and their total compensation is $137,242.
Official website here: www.farmersrec.com
What is the revenue of Farmers Electric Cooperative Inc?
Farmers Electric Cooperative Inc's revenue in 2022 was $15,232,605.
Official website here: www.farmersrec.com
Who are the executives of Farmers Electric Cooperative Inc and what are their salaries?
The average compensation at Farmers Electric Cooperative Inc during 2022 was $79,201. There are 23 employees at Farmers Electric Cooperative Inc.
Here are 12 key members and their salaries (Farmers Electric Cooperative Inc's CEO's salary is $92,166 and their total compensation is $137,242):
- C Charles Dunn (Ceo Until 08/2022)
- Holi Weston (Ceo From 08/2022)
- Lori Kinyon (Cfo)
- Roxann Rhoads (Treasurer) [Trustee/Director]
- Janelle Peiffer (Director)
- Steve Chandler (Vice President) [Trustee/Director]
- Mark Earhart (Director)
- Kris Petter (Director)
- Kevin Stender (Director)
- Dan Westphal (President) [Trustee/Director]
- Kevin Tanner (Secretary) [Trustee/Director]
- Cary Gilman (Director From 02/2022)
Official website here: www.farmersrec.com
Where can I find the form 990 for Farmers Electric Cooperative Inc?
The Farmers Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.farmersrec.com
Learn more at the official website: www.farmersrec.com
Mission Statement of Farmers Electric Cooperative Inc
Farmers Electric Cooperative Inc, a dedicated organization, is committed to delivering safe, reliable, and affordable electrical energy to enhance the quality of life within its communities. With a mission to provide its members with a dependable quality and quantity of electrical energy, the cooperative goes above and beyond to ensure a consistent power supply.
Through its operations, Farmers Electric Cooperative Inc strives to improve the living conditions of approximately 5,045 consumers or 3,823 members by providing them with essential electrical services. As a testament to its dedication, the cooperative has added 0.953 miles of line to expand its reach and ensure a stronger electrical infrastructure.
By focusing on providing dependable electrical energy, Farmers Electric Cooperative Inc plays a vital role in enabling its members to conduct their daily activities with ease. The cooperative understands the importance of a reliable power source and takes pride in delivering this necessity to its members, contributing to a more convenient and efficient lifestyle.
Impact
This information is meant to be a general summary of Farmers Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Farmers Electric Cooperative Inc's impact is evident in its dedicated mission to deliver safe, reliable, and affordable electricity to improve the quality of life within its communities. Through providing electric service to approximately 5,045 consumers or 3,823 members and adding 0.953 miles of line, this organization plays a crucial role in ensuring that its members have access to a dependable quality and quantity of electrical energy. By upholding their commitment to public benefit, Farmers Electric Cooperative Inc positively influences the lives of those it serves in Greenfield, IA, and the surrounding areas.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$14,749,952
CAPITAL CREDITS
Revenue
$290,023
Organization Details
Founding Year
1938
Phone
(641) 743-6146
Principal Officer
Holi Weston
Main Address
2389 HWY 92 PO BOX 330, GREENFIELD, IA, 50849
Website
www.farmersrec.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Farmers Electric 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.