Gascosage Electric Cooperative

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

EIN: 430618625 ✦ Dixon, MO ✦ Designated as a 501(c)(12)

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Overview

What is Gascosage Electric Cooperative?

Founded in Dixon, Missouri, Gascosage Electric Cooperative is a nonprofit organization serving over 10,000 members with 10,130 connected meters. The cooperative's primary mission involves purchasing, acquiring, and accumulating electric energy, which is then transmitted, distributed, furnished, sold, and disposed of to its members. By utilizing the latest technological advancements in the electrical industry, Gascosage Electric Cooperative delivers reliable and affordable electricity with a personalized touch, catering to its diverse membership. The cooperative currently employs a team of 62 individuals who work tirelessly to ensure members receive unmatched comprehensive service.


Official website here: www.gascosage.coop

Is Gascosage Electric Cooperative legitimate?

Gascosage Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Gascosage 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: $268,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,137,097

For more financial information, click here


Official website here: www.gascosage.coop

What is the mission statement of Gascosage Electric Cooperative?

Gascosage Electric Cooperative is dedicated to providing a superior level of comprehensive electric service to its diverse membership. Leveraging the latest technological advances in the electrical industry, the cooperative ensures the delivery of reliable and affordable electricity. Its mission is to purchase, acquire, and accumulate electric energy, as well as transmit, distribute, furnish, sell, and dispose of such energy to members. Serving over 10,000 connected meters and maintaining 1,590 miles of lines, the cooperative prides itself on personalized service and catering to the needs of its community.


Official website here: www.gascosage.coop

Who is the CEO of Gascosage Electric Cooperative?

Carmen Hartwell is the General Manager of Gascosage Electric Cooperative.


Official website here: www.gascosage.coop

What is the revenue of Gascosage Electric Cooperative?

Gascosage Electric Cooperative's revenue in 2022 was $19,292,612.


Official website here: www.gascosage.coop

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

The average compensation at Gascosage Electric Cooperative during 2022 was $38,802. There are 62 employees at Gascosage Electric Cooperative.


Here are 10 key members and their salaries:


Carmen Hartwell (General Manager)
  • Compensation: $132,371
  • Related: $0
  • Other: $53,748
Ronald Wiles (Board Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Donald Warnol (Board President/Director)
  • Compensation: $10,950
  • Related: $0
  • Other: $0
Jim Humphrey (Board Treasurer/Director)
  • Compensation: $10,800
  • Related: $0
  • Other: $0
Alice Carlton (Board Secretary/Director)
  • Compensation: $10,800
  • Related: $0
  • Other: $0
Jacob Warren (Board Director)
  • Compensation: $10,300
  • Related: $0
  • Other: $0
Deborah Krumwiede (Board Director)
  • Compensation: $9,575
  • Related: $0
  • Other: $0
Richard Yelton (Board Vice President/Director)
  • Compensation: $6,800
  • Related: $0
  • Other: $0
Willard Dean Baker (Board Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Luther Riddle Ii (Board Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0


Official website here: www.gascosage.coop

Where can I find the form 990 for Gascosage Electric Cooperative?

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


Official website here: www.gascosage.coop

Learn more at the official website: www.gascosage.coop

Mission Statement of Gascosage Electric Cooperative

Gascosage Electric Cooperative, a prominent player in the electrical industry, is dedicated to procuring, acquiring, and accumulating electric energy. This energy is then transmitted, distributed, furnished, sold, and disposed of to its diverse membership. The Cooperative prides itself on delivering a top-tier, comprehensive service to its members, employing the latest technological advances in the sector.

With a commitment to reliability and affordability, Gascosage Electric Cooperative utilizes personalized service to connect with 10,130 members and manage an extensive network of 1,590 miles of lines. The organization's mission is to ensure its members have uninterrupted access to electric power. By investing in the most advanced technologies, Gascosage Electric Cooperative guarantees that the energy it provides is not only dependable but also cost-effective.

In essence, Gascosage Electric Cooperative's mission is to provide its members with a superior level of service, leveraging cutting-edge technology to ensure a consistent and affordable electricity supply. Through its dedication to personalized attention and innovative practices, the Cooperative sets itself apart as a trusted provider in the electrical industry.

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Impact




October, 2024

Gascosage Electric Cooperative has a significant impact on its community by providing reliable and affordable electricity to its members. Serving approximately 10,130 connected meters across 1,590 miles of line in Dixon, MO, the cooperative ensures that its diverse membership has access to essential electrical services. Their commitment to utilizing the latest technological advances in the electrical industry enhances service delivery while maintaining a personalized approach that fosters strong relationships with members. By focusing on comprehensive service and public benefit, Gascosage Electric Cooperative plays a crucial role in supporting the local economy and improving the quality of life for its customers.




This information is meant to be a general summary of Gascosage 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
$19,292,612 (2022)
Expenses
$20,241,453 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $123,331
  • Program Service Revenue: $20,513,095
  • Gross Receipts: $20,993,839

Assets and Liabilities:

  • Total Assets: $70,519,833
  • Total Liabilities: $40,769,368
  • Net Assets: $29,750,465

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Programs

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

SALES OF ELECTRIC ENERGY

Revenue

$20,239,737

G & T CAPITAL CREDITS

Revenue

$154,308

OTHER ELECTRIC REVENUE

Revenue

$107,067

EQUIPMENT LEASE

Revenue

$11,983

Organization Details

Founding Year

1945

Principal Officer

Carmen Hartwell

Main Address

PO BOX G, DIXON, MO, 65459

NTEE Category

Code: W80 - Public benefit

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