Overview
What is Missouri Rural Electric Cooperative?
Missouri Rural Electric Cooperative is a nonprofit organization headquartered in Palmyra, Missouri, with a PO Box address in ZIP code 63461. The cooperative serves approximately 4,400 member-owners in five counties in northeast Missouri, providing electric service to a total of 5,571 meters. With a team of 28 employees, the primary mission of this cooperative is to deliver electricity to its members in the rural area, ensuring reliable and essential electric service to enhance their daily lives.
Official website here: www.morec.org
Is Missouri Rural Electric Cooperative legitimate?
Missouri Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Missouri Rural 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.morec.org
What is the mission statement of Missouri Rural Electric Cooperative?
Missouri Rural Electric Cooperative is dedicated to delivering electric service to approximately 4,400 member-owners in five counties in northeast Missouri. Their primary objective is to ensure that these members have access to reliable electricity, serving a total of 5,571 meters. By providing this essential utility, the cooperative enhances the quality of life for the residents in its community. The organization's distribution system enables it to deliver electricity efficiently and effectively, ensuring continuity and consistency in power supply. Missouri Rural Electric Cooperative's commitment to its members extends beyond just energy, as it strives to improve the overall standard of living for the families and individuals it serves.
Official website here: www.morec.org
Who is the CEO of Missouri Rural Electric Cooperative?
Shondell Haerr is the President of Missouri Rural Electric Cooperative.
Official website here: www.morec.org
What is the revenue of Missouri Rural Electric Cooperative?
Missouri Rural Electric Cooperative's revenue in 2022 was $19,174,289.
Official website here: www.morec.org
Who are the executives of Missouri Rural Electric Cooperative and what are their salaries?
There are 28 employees at Missouri Rural Electric Cooperative.
Here are 12 key members and their salaries:
- Compensation: $166,252
- Related: $0
- Other: $72,092
- Compensation: $91,456
- Related: $0
- Other: $51,901
- Compensation: $9,450
- Related: $0
- Other: $0
- Compensation: $9,100
- Related: $0
- Other: $0
- Compensation: $8,050
- Related: $0
- Other: $0
- Compensation: $7,350
- Related: $0
- Other: $0
- Compensation: $7,350
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $5,950
- Related: $0
- Other: $0
- Compensation: $5,950
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
Official website here: www.morec.org
Where can I find the form 990 for Missouri Rural Electric Cooperative?
Missouri Rural Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morec.org
Learn more at the official website: www.morec.org
Mission Statement of Missouri Rural Electric Cooperative
Missouri Rural Electric Cooperative, a not-for-profit organization, is dedicated to supplying electric service to approximately 4,400 member-owners spread across five counties in Northeast Missouri. With a primary exempt purpose, the Cooperative ensures the provision of electricity to these members, representing a total of 5,571 meters.
In the rural communities of Northeast Missouri, Missouri Rural Electric Cooperative plays a vital role by meeting the electric needs of its members. The Cooperative's distribution system delivers power to homes and businesses, ensuring that the region stays connected and functional. By providing reliable electric service, the Cooperative not only supports its members' daily lives but also contributes to the overall development and progress of the communities it serves.
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Impact
October, 2024
Missouri Rural Electric Cooperative plays a vital role in delivering reliable electric service to approximately 4,400 members across five counties in Northeast Missouri. Serving 5,571 meters, the cooperative ensures that its member-owners receive consistent and efficient electricity, which is essential for both residential and agricultural needs. By maintaining and operating a robust distribution system, the cooperative not only supports the daily lives of its members but also contributes to the economic vitality of the region. This commitment to providing energy fosters community development and enhances the quality of life for residents in the area.
This information is meant to be a general summary of Missouri Rural 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: $39,769
- Program Service Revenue: $18,642,668
- Gross Receipts: $19,174,289
Assets and Liabilities:
- Total Assets: $38,944,273
- Total Liabilities: $18,555,406
- Net Assets: $20,388,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$18,552,962
OTHER ELECTRIC REVENUE
Revenue
$89,706
Organization Details
Founding Year
1936
Principal Officer
Shondell Haerr
Main Address
PO BOX 111, Palmyra, MO, 634610111
Website
www.morec.orgNTEE Category
Code: W80 - Public benefit
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