Three Rivers Electric Cooperative

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

EIN: 430552055 ✦ Linn, MO ✦ Designated as a 501(c)(12)

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Overview

What is Three Rivers Electric Cooperative?

Three Rivers Electric Cooperative is a nonprofit organization based in Linn, Missouri. With a total workforce of 68 employees, they dedicate their efforts to the distribution of electricity to approximately 23,946 consumers in the area. Their mission is to provide essential electric services to the community, ensuring a reliable energy source for businesses and households.

Is Three Rivers Electric Cooperative legitimate?

Three Rivers Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Three Rivers 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

What is the mission statement of Three Rivers Electric Cooperative?

Three Rivers Electric Cooperative is dedicated to the distribution of electricity to approximately 23,946 consumers. Their mission revolves around delivering electrical power to a sizable community of customers. The cooperative focuses on ensuring a reliable and consistent electricity supply for the benefit of its customer base. By distributing electricity, Three Rivers Electric Cooperative plays a crucial role in powering homes and businesses, contributing to the improvement of living standards and enhancing overall productivity within the community.

Who is the CEO of Three Rivers Electric Cooperative?

Roger Kloeppel is the President of Three Rivers Electric Cooperative. The CEO's salary of Three Rivers Electric Cooperative is $190,803 and their total compensation is $432,002.

What is the revenue of Three Rivers Electric Cooperative?

Three Rivers Electric Cooperative's revenue in 2022 was $47,009,896.

Who are the executives of Three Rivers Electric Cooperative and what are their salaries?

There are 68 employees at Three Rivers Electric Cooperative.


Here are 15 key members and their salaries (Three Rivers Electric Cooperative's CEO's salary is $190,803 and their total compensation is $432,002):


Tom Stegeman (President)
  • Compensation: $12,100
  • Related: $0
  • Other: $0
Greg Gaffke (Vice-President)
  • Compensation: $7,600
  • Related: $0
  • Other: $0
Alan Mcneely (Secretary/Treasurer)
  • Compensation: $8,000
  • Related: $0
  • Other: $0
Gene Rademacher (Director)
  • Compensation: $9,950
  • Related: $0
  • Other: $0
Duane Paulsmeyer (Director)
  • Compensation: $10,400
  • Related: $0
  • Other: $0
Stephen Gumper (Director)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Tom Loehner (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Linda Fahrenholtz (Director)
  • Compensation: $6,500
  • Related: $0
  • Other: $0
Mike Wyss (Director)
  • Compensation: $10,450
  • Related: $0
  • Other: $0
Roger Kloeppel (Ceo/General Manager)
  • Compensation: $190,803
  • Related: $0
  • Other: $241,199
Thayne Barton (Assistant Manager)
  • Compensation: $149,170
  • Related: $0
  • Other: $163,276
Timothy Heckman (Lead Lineman)
  • Compensation: $118,866
  • Related: $0
  • Other: $45,874
Jim Klouzek (Foreman)
  • Compensation: $121,089
  • Related: $0
  • Other: $41,389
Kevin Allen (Manager Of Operations)
  • Compensation: $125,781
  • Related: $0
  • Other: $34,318
Mike Buscher (Foreman)
  • Compensation: $116,339
  • Related: $0
  • Other: $61,972
Where can I find the form 990 for Three Rivers Electric Cooperative?

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

Mission Statement of Three Rivers Electric Cooperative

Three Rivers Electric Cooperative, a vital organization dedicated to the distribution of electricity, serves approximately 23,946 consumers. The cooperative's primary mission is to bring the power of electricity to homes and businesses, ensuring a better quality of life for its members. With a commitment to reliability and customer satisfaction, Three Rivers Electric Cooperative strives to deliver electricity in a responsible and sustainable manner.

Three Rivers Electric Cooperative's team of dedicated professionals works tirelessly to ensure the consistent and efficient delivery of electricity to its customers. The organization's infrastructure includes advanced systems and technologies, enabling it to adapt to the ever-evolving energy landscape and meet the needs of its community. In addition to supplying electricity, Three Rivers Electric Cooperative fosters a culture of innovation, exploring new ways to enhance the customer experience and contribute to the overall well-being of its members.

By distributing electricity to its customers, Three Rivers Electric Cooperative plays a significant role in powering homes, businesses, and communities. The organization's commitment to excellence and reliability makes it an essential partner in the daily lives of its members, helping them to thrive and succeed in their personal and professional pursuits. With a customer-centric approach and a steadfast dedication to its mission, Three Rivers Electric Cooperative continues to make a positive impact on the lives of the people it serves.

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Impact




October, 2024

Three Rivers Electric Cooperative plays a vital role in providing reliable electricity to approximately 23,946 customers in Linn, MO. By ensuring a steady supply of electricity, the cooperative facilitates the everyday activities of individuals and businesses in the community, contributing to economic growth and improving the quality of life for residents.

The cooperative's mission to distribute electricity addresses a fundamental need, enabling opportunities for education, healthcare, and various services that depend on consistent power. Its commitment to serving its customers fosters a sense of community and supports local initiatives, enhancing public benefit and promoting a sustainable future for all residents in the area.




This information is meant to be a general summary of Three Rivers 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
$47,009,896 (2022)
Expenses
$47,009,896 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $98,876
  • Program Service Revenue: $46,892,784
  • Gross Receipts: $47,016,141

Assets and Liabilities:

  • Total Assets: $116,632,044
  • Total Liabilities: $63,103,267
  • Net Assets: $53,528,777

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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

$45,626,498

PATRONAGE CAPITAL CREDITS

Revenue

$625,974

JOINT POLE RENTAL

Revenue

$396,780

OTHER ELECTRIC REVENUE

Revenue

$164,380

SERVICE REVENUE

Revenue

$79,152

Organization Details

Founding Year

1939

Principal Officer

Roger Kloeppel

Main Address

PO BOX 918, LINN, MO, 65051

NTEE Category

Code: W80 - Public benefit

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