Black River Electric Cooperative

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

EIN: 430184419 ✦ Fredericktown, MO ✦ Designated as a 501(c)(12)

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Overview

What is Black River Electric Cooperative?

Black River Electric Cooperative is a public utilities nonprofit organization, situated in Fredericktown, Missouri. Their primary objective is to provide electrical power to the community. By implementing diverse programs, they ensure the delivery of electricity to consumers effectively.


Official website here: www.brec.cooop

What are the reviews and ratings of this charity?

The Black River Electric Cooperative does not have a current rating from Charity Navigator. This is primarily because it is not registered as a 501(c)(3) nonprofit, which is a prerequisite for evaluation on the platform. The lack of a rating is not necessarily a reflection of the organization's performance or reliability. It simply indicates that the typical assessment criteria used by Charity Navigator, such as Accountability and Finance, cannot be applied.

The organization’s historical ratings, if any, might have included evaluations based on a different version of today’s Accountability and Finance scores, but specific details are not available. Furthermore, no information on the revenue, expenses, or the salary of key persons is currently accessible due to its foundation status and affiliation.

There are no user reviews available for Black River Electric Cooperative on GreatNonprofits, leaving us without personal anecdotes or experiences from individuals directly involved with or affected by the organization's services. This absence of user feedback limits a comprehensive understanding of the organization's impact and community involvement.


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

Is Black River Electric Cooperative legitimate?

Black River Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Black River 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: $825,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $756,439

For more financial information, click here


Official website here: www.brec.cooop

What is the mission statement of Black River Electric Cooperative?

Black River Electric Cooperative is a public utilities organization committed to delivering electric power to consumers. Its mission encompasses providing electric power through various programs. The cooperative strives to ensure a consistent electricity supply, contributing to the comfort and functionality of homes and businesses. By delivering electricity, the organization contributes significantly to the economic and social development of the communities it serves. Additionally, it may pursue environmentally-friendly practices and collaborate with local partners to enhance its service offerings and promote sustainable energy solutions.


Official website here: www.brec.cooop

Who is the CEO of Black River Electric Cooperative?

John H Singleton is the Ceo of Black River Electric Cooperative. The CEO's salary of Black River Electric Cooperative is $182,883 and their total compensation is $348,896.


Official website here: www.brec.cooop

What is the revenue of Black River Electric Cooperative?

Black River Electric Cooperative's revenue in 2022 was $51,524,742.


Official website here: www.brec.cooop

Who are the executives of Black River Electric Cooperative and what are their salaries?

The average compensation at Black River Electric Cooperative during 2022 was $16,144. There are 98 employees at Black River Electric Cooperative.


Here are 14 key members and their salaries (Black River Electric Cooperative's CEO's salary is $182,883 and their total compensation is $348,896):


John H Singleton (Ceo)
  • Compensation: $182,883
  • Related: $0
  • Other: $166,013
Donald E England (Mgr Of Const)
  • Compensation: $141,878
  • Related: $0
  • Other: $139,540
Paul I Montgomery (Mgr Engineer)
  • Compensation: $156,805
  • Related: $0
  • Other: $112,255
John C Eaves (Cfo)
  • Compensation: $143,472
  • Related: $0
  • Other: $83,037
Korey M King (District Man)
  • Compensation: $122,735
  • Related: $0
  • Other: $83,226
Thomas Mooney (Secretary)
  • Compensation: $40,400
  • Related: $0
  • Other: $0
Dennis Bess (Director)
  • Compensation: $30,404
  • Related: $0
  • Other: $0
James W Hovis (Director)
  • Compensation: $30,102
  • Related: $0
  • Other: $0
Jim Scaggs (Director)
  • Compensation: $29,804
  • Related: $0
  • Other: $0
Gary Cook (President)
  • Compensation: $28,604
  • Related: $0
  • Other: $0
Harold Ellinghouse (Vice Preside)
  • Compensation: $28,304
  • Related: $0
  • Other: $0
Bruce Gastineau (Director)
  • Compensation: $28,304
  • Related: $0
  • Other: $0
Jerry D Ellis (Director)
  • Compensation: $17,629
  • Related: $0
  • Other: $0
J Mark Bollinger (Director)
  • Compensation: $16,728
  • Related: $0
  • Other: $0


Official website here: www.brec.cooop

Where can I find the form 990 for Black River Electric Cooperative?

Black River Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brec.cooop

Learn more at the official website: www.brec.cooop

Mission Statement of Black River Electric Cooperative

Black River Electric Cooperative, a public utilities organization, is dedicated to the provision of electric power. This mission is carried out through various programs designed to ensure uninterrupted power delivery to consumers. The cooperative is more than just an electrical power supplier; it is a commitment to the communities it serves.

Black River Electric Cooperative's primary focus is on delivering electric power to its consumers in a responsible and efficient manner. By providing this essential service, it contributes to the overall development and progress of the communities it serves. The organization's approach to achieving this mission is multifaceted, involving the implementation of innovative programs and initiatives.

The cooperative's mission extends beyond simply providing electricity. It acknowledges the importance of maintaining a reliable and consistent power supply, ensuring the daily essentials and comforts of modern life are accessible to its customers. Black River Electric Cooperative's dedication to its mission is a testament to its commitment to the communities it serves, as it strives to improve lives through the delivery of electric power.

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Impact




October, 2024

Black River Electric Cooperative plays a crucial role in delivering reliable electric power to the community of Fredericktown, MO. By ensuring access to electricity, the cooperative supports not only residential households but also local businesses, contributing to the overall economic vitality of the area. Through its various programs, the cooperative enhances the quality of life for its consumers by promoting energy efficiency and sustainable practices. This focus on service supports community growth and fosters a sense of connection among residents, ultimately benefiting the entire region.




This information is meant to be a general summary of Black River 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.

Revenue
$51,524,742 (2022)
Expenses
$51,524,742 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $502,554
  • Program Service Revenue: $50,848,395
  • Gross Receipts: $52,684,973

Assets and Liabilities:

  • Total Assets: $155,949,633
  • Total Liabilities: $77,193,949
  • Net Assets: $78,755,684

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Programs

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

SALE OF ELECTRICITY

Revenue

$49,064,600

CAPITAL CREDITS

Revenue

$1,227,691

MISC ELECTRIC REVENUE

Revenue

$556,104

Organization Details

Founding Year

1938

Principal Officer

John H Singleton

Main Address

PO BOX 31, FREDERICKTOWN, MO, 63645

NTEE Category

Code: W80 - Public benefit

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