M & A Electric Power Coop

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

EIN: 430641433 ✦ Poplar bluff, MO ✦ Designated as a 501(c)(12)

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Overview

What is M & A Electric Power Coop?

M & A Electric Power Coop, based in Poplar Bluff, MO, is a non-profit electric company dedicated to providing electric power to affiliated rural corporations. Their primary objective is the transmission and distribution of electricity, contributing to essential infrastructure in rural areas. Established in Poplar Bluff, this cooperative is committed to ensuring access to electric power for its community.


Official website here: www.maelectric.com

Is M & A Electric Power Coop legitimate?

M & A Electric Power Coop is a legitimate nonprofit organization registered as a 501(c)(12) entity. M & A Electric Power Coop 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: $1,159,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.maelectric.com

What is the mission statement of M & A Electric Power Coop?

M and A Electric Power Coop is a non-profit organization dedicated to delivering electric power to rural communities. Its primary mission is to ensure a consistent and reliable electricity supply to its affiliated corporations. Through the transmission and distribution of electric power, the cooperative aims to improve the living conditions and infrastructure of the communities it serves. Despite being a power provider at its core, its impact goes beyond just supplying electricity, contributing to the overall development of the communities it works with.


Official website here: www.maelectric.com

Who is the CEO of M & A Electric Power Coop?

Tom Provance is the President of M & A Electric Power Coop.


Official website here: www.maelectric.com

What is the revenue of M & A Electric Power Coop?

M & A Electric Power Coop's revenue in 2022 was $25,170,589.


Official website here: www.maelectric.com

Who are the executives of M & A Electric Power Coop and what are their salaries?

The average compensation at M & A Electric Power Coop during 2022 was $22,743. There are 51 employees at M & A Electric Power Coop.


Here are 17 key members and their salaries:


Gary Cook (President)
  • Compensation: $13,688
  • Related: $0
  • Other: $0
John Bledsoe (Vice President)
  • Compensation: $15,729
  • Related: $0
  • Other: $0
Charlie Bunting (Secretary)
  • Compensation: $25,200
  • Related: $0
  • Other: $0
Jake Fisher (Treasurer)
  • Compensation: $4,309
  • Related: $0
  • Other: $0
Carl Eftink (Member)
  • Compensation: $16,800
  • Related: $0
  • Other: $0
Jordan Collins (Member)
  • Compensation: $16,488
  • Related: $0
  • Other: $0
James Hovis (Member)
  • Compensation: $12,988
  • Related: $0
  • Other: $0
Billy Jones (Treasurer)
  • Compensation: $12,729
  • Related: $0
  • Other: $0
Emery Geisendorfer Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Rone (Member)
  • Compensation: $3,597
  • Related: $0
  • Other: $0
Daryl Sorrell (General Manager)
  • Compensation: $785,816
  • Related: $0
  • Other: $55,155
Thomas Provance (Chief Financial Officer)
  • Compensation: $163,412
  • Related: $0
  • Other: $33,971
Stephen Pogue (Manager Of Operation)
  • Compensation: $223,077
  • Related: $0
  • Other: $114,716
John Settle (Mgr Of Engineering)
  • Compensation: $188,086
  • Related: $0
  • Other: $133,701
William Price (Com. Superintendent)
  • Compensation: $184,845
  • Related: $0
  • Other: $97,489
Van Murray (Trans Superintendent)
  • Compensation: $174,834
  • Related: $0
  • Other: $195,589
Tony Arnold (Communications Technician)
  • Compensation: $129,899
  • Related: $0
  • Other: $27,726


Official website here: www.maelectric.com

Where can I find the form 990 for M & A Electric Power Coop?

M & A Electric Power Coop's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maelectric.com

Learn more at the official website: www.maelectric.com

Mission Statement of M & A Electric Power Coop

M & A Electric Power Coop, a non-profit electric company, is dedicated to delivering electric power to affiliated rural corporations. Based on the information provided, this organization's primary mission revolves around the transmission and distribution of electricity. With a commitment to providing essential energy services, M & A Electric Power Coop plays a vital role in supporting rural communities.

Although the location of M & A Electric Power Coop is not specified in the given details, we know that it operates as a non-profit entity. Its mission is to ensure the uninterrupted flow of electric power to the rural corporations it serves, thereby enhancing their infrastructure and overall development. As a non-profit, M & A Electric Power Coop likely aims to make electric power accessible to those who might not have it otherwise, contributing to the betterment of the communities it touches.

By focusing on the transmission and distribution of electric power, M & A Electric Power Coop plays a crucial role in improving the quality of life for the residents of the rural areas it serves. Its dedication to this cause is evident from its mission statement, which underscores its commitment to providing electric power. This non-profit organization's work is essential in ensuring that rural communities have access to reliable and uninterrupted electric power, paving the way for progress and development.

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Impact




October, 2024

M & A Electric Power Coop plays a crucial role in enhancing the quality of life in its service area through reliable electric power provision. By focusing on the transmission and distribution of electricity, it ensures that rural communities have access to essential energy services, which are vital for both residential and economic activities.

The cooperative’s operations contribute to local development by supplying power that supports homes, schools, and businesses, fostering growth and stability in the region. This access to electricity helps in promoting public benefit by improving living standards, enabling technological advancements, and enhancing educational opportunities.

Located in Poplar Bluff, MO, M & A Electric Power Coop serves as a lifeline for affiliated rural corporations, ensuring that these areas are not left behind in the broader energy landscape. Overall, the cooperative’s impact extends beyond just utility provision; it plays a significant role in empowering communities, driving economic growth, and contributing to the overall well-being of its service area.




This information is meant to be a general summary of M & A Electric Power Coop. 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
$25,170,589 (2022)
Expenses
$22,463,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,655,170
  • Gross Receipts: $107,273,425

Assets and Liabilities:

  • Total Assets: $223,861,717
  • Total Liabilities: $123,428,168
  • Net Assets: $100,433,549

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Organization Details

Founding Year

1948

Principal Officer

Tom Provance

Main Address

PO BOX 670, POPLAR BLUFF, MO, 63902

NTEE Category

Code: W80 - Public benefit

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