Ozark Border Electric Cooperative Inc

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

EIN: 430445644 ✦ Poplar bluff, MO ✦ Designated as a 501(c)(12)

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Overview

What is Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc is a nonprofit organization based in Poplar Bluff, Missouri. With a team of 107 employees, their mission is to ensure member satisfaction by delivering safe, reliable, and economically feasible electric power. Their core activity involves providing dependable electric service to their members at the most affordable price possible. The cooperative does not report any program service expenses in their filings.


Official website here: www.ozarkborder.org

What are the reviews and ratings of this charity?

Ozark Border Electric Cooperative Inc currently lacks a rating on Charity Navigator due to its classification outside of the traditional 501(c)(3) nonprofit category, which is required for evaluation. As such, it's not eligible for assessment under the Accountability & Finance or Impact & Measurement methodologies commonly utilized by Charity Navigator.

The absence of a rating does not imply a positive or negative standing; instead, it highlights the organization's non-conformance with typical criteria for nonprofit evaluation on this platform. As an independent entity, it operates outside the usual parameters set for 501(c)(3) organizations, which influences the data availability like revenue and key personnel salary.

No user reviews are available on GreatNonprofits, which limits additional feedback from individuals who might have interacted with or benefited from the organization's services. As a result, public data for stakeholder insight, such as community feedback or user-experience testimonials, is currently unavailable.


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

Is Ozark Border Electric Cooperative Inc legitimate?

Ozark Border Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ozark Border 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $766,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,614,313

For more financial information, click here


Official website here: www.ozarkborder.org

What is the mission statement of Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc is committed to delivering reliable electric service to its members at the most economically feasible price. The cooperative prioritizes member satisfaction by ensuring the provision of electricity in a safe and efficient manner. Notably, the organization does not incur expenses classified as program service costs. In essence, Ozark Border Electric Cooperative Inc focuses on delivering affordable, dependable electricity to its members.


Official website here: www.ozarkborder.org

Who is the CEO of Ozark Border Electric Cooperative Inc?

David Schremp is the General Manager of Ozark Border Electric Cooperative Inc.


Official website here: www.ozarkborder.org

What is the revenue of Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc's revenue in 2022 was $30,789,906.


Official website here: www.ozarkborder.org

Who are the executives of Ozark Border Electric Cooperative Inc and what are their salaries?

The average compensation at Ozark Border Electric Cooperative Inc during 2022 was $78,323. There are 107 employees at Ozark Border Electric Cooperative Inc.


Here are 19 key members and their salaries:


David Schremp (General Manager)
  • Compensation: $197,965
  • Related: $0
  • Other: $53,307
John Walker (Engineering Manager)
  • Compensation: $119,263
  • Related: $0
  • Other: $42,570
Hollye Abner (Manager - Finance & Accounting)
  • Compensation: $118,274
  • Related: $0
  • Other: $40,790
Jason Sisk (Journeyman Lineman)
  • Compensation: $117,574
  • Related: $0
  • Other: $14,872
Dustin Prater (Crew Foreman)
  • Compensation: $116,851
  • Related: $0
  • Other: $15,555
Randy Hager (Service Forman)
  • Compensation: $116,301
  • Related: $0
  • Other: $15,059
Corbin Inman (Crew Foreman)
  • Compensation: $115,129
  • Related: $0
  • Other: $15,555
Franklin Atchison (Board President)
  • Compensation: $22,000
  • Related: $0
  • Other: $0
Bill Hager (Board Member)
  • Compensation: $21,500
  • Related: $0
  • Other: $0
Gary Melton (Board Member)
  • Compensation: $21,500
  • Related: $0
  • Other: $0
Curtis Clark (Board Member)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Greg Lintz (Board Member)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Bill Crawford (Board Member)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Judy Lunsford (Board Vice President)
  • Compensation: $19,000
  • Related: $0
  • Other: $0
James Chad Parker (Board Member)
  • Compensation: $19,000
  • Related: $0
  • Other: $0
Jim Hover (Board Member)
  • Compensation: $17,500
  • Related: $0
  • Other: $0
Dewayne Ligons (Board Secretary/Treasurer)
  • Compensation: $17,000
  • Related: $0
  • Other: $0
Jordan Collins (Board Member)
  • Compensation: $13,500
  • Related: $0
  • Other: $0
Charles Bunting (Board Member)
  • Compensation: $13,500
  • Related: $0
  • Other: $0


Official website here: www.ozarkborder.org

Where can I find the form 990 for Ozark Border Electric Cooperative Inc?

Ozark Border Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ozarkborder.org

Learn more at the official website: www.ozarkborder.org

Mission Statement of Ozark Border Electric Cooperative Inc

Ozark Border Electric Cooperative Inc, a dedicated organization, is committed to ensuring the utmost satisfaction of its members by delivering electricity in a safe, dependable, and economically viable manner. Its primary objective is to provide reliable electric service to its community at the most affordable price feasible.

The cooperative operates with a streamlined approach, focusing solely on delivering electricity to its members without any program service expenses. In essence, Ozark Border Electric Cooperative Inc is a beacon of commitment to its members, striving to meet their power needs in an efficient and economical way. By maintaining high levels of reliability and safety, this cooperative has built a reputation of trust and dependability within its community.

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Impact




October, 2024

Ozark Border Electric Cooperative Inc plays a significant role in enhancing the quality of life for its members by delivering safe, reliable, and affordable electric service. Located in Poplar Bluff, Missouri, the cooperative is dedicated to ensuring high levels of member satisfaction. By focusing on economically feasible practices, it provides consistent power supply while maintaining a commitment to reliability. The cooperative's mission fosters community well-being through access to essential energy services, thus positively impacting local residents and businesses. Its operations contribute to a sustainable energy environment, enabling members to enjoy the benefits of affordable electricity without the burden of excessive costs.




This information is meant to be a general summary of Ozark Border Electric Cooperative Inc. 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
$30,789,906 (2022)
Expenses
$30,236,513 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $228,627
  • Gross Receipts: $75,228,598

Assets and Liabilities:

  • Total Assets: $259,148,554
  • Total Liabilities: $157,966,643
  • Net Assets: $101,181,911

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Organization Details

Founding Year

1938

Principal Officer

David Schremp

Main Address

P O BOX 400, POPLAR BLUFF, MO, 639020400

NTEE Category

Code: W80 - Public benefit

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