Platte-Clay Properties Inc

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

EIN: 431716672 ✦ Kearney, MO ✦ Designated as a 501(c)(2)

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Overview

What is Platte-Clay Properties Inc?

Platte-Clay Properties Inc is a nonprofit organization located in Kearney, Missouri. Its primary role is to manage and oversee real and personal property, both tangible and intangible. The organization collects income generated from these properties, retaining only the necessary expenses, and subsequently transfers the remainder to Platte-Clay Electric Cooperative, Inc. In essence, Platte-Clay Properties Inc serves as a property management entity, contributing its income earnings to the cooperative.

Is Platte-Clay Properties Inc legitimate?

Platte-Clay Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Platte-Clay Properties 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Platte-Clay Properties Inc?

Platte-Clay Properties Inc's primary role is to manage and oversee various properties. The company's main objective is to generate income from these properties and then transfer the total earnings, after deducting expenses, to Platte-Clay Electric Cooperative Inc. This transfer of funds serves as a crucial source of income for Platte-Clay Electric Cooperative Inc. The company also acquires, holds title to, and collects income from both tangible and intangible real and personal properties, with any excess income being passed on to Platte-Clay Electric Cooperative Inc.

Who is the CEO of Platte-Clay Properties Inc?

David Deihl is the Ceo/Gm of Platte-Clay Properties Inc. The CEO's salary of Platte-Clay Properties Inc is $0 and their total compensation is $346,334.

What is the revenue of Platte-Clay Properties Inc?

Platte-Clay Properties Inc's revenue in 2022 was $384,584.

Who are the executives of Platte-Clay Properties Inc and what are their salaries?

There 10 volunteers at Platte-Clay Properties Inc.


Here are 11 key members and their salaries (Platte-Clay Properties Inc's CEO's salary is $0 and their total compensation is $346,334):


David Deihl (Ceo/Gm)
  • Compensation: $0
  • Related: $301,259
  • Other: $45,075
Kenneth Brown (Cfo)
  • Compensation: $0
  • Related: $207,453
  • Other: $26,770
Mark Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Barger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendall Davis (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Fulk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Goepferich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Leachman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Parkhurst (Vice Charima)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Wren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Platte-Clay Properties Inc?

Platte-Clay Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Platte-Clay Properties Inc

Platte-Clay Properties Inc, as a mission-driven entity, is primarily tasked with acquiring and holding title to various types of property, both tangible and intangible. This organization collects income derived from these properties and subsequently transfers the entire amount, minus any incurred expenses, to Platte-Clay Electric Cooperative, Inc. Essentially, Platte-Clay Properties Inc serves as a financial intermediary, channeling income generated from its property portfolio to its sister company, Platte-Clay Electric Cooperative, Inc. This mission allows the cooperative to utilize the funds for its operations, thereby contributing to its overall financial stability and sustainability.

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Impact




October, 2024

Platte-Clay Properties Inc significantly contributes to the local community by managing and enhancing assets that support the Platte-Clay Electric Cooperative. By acquiring and holding title to various properties, the organization generates income that is channeled back to the cooperative, facilitating its operations and services. This financial support allows the cooperative to maintain and improve its infrastructure, ultimately benefiting the residents it serves.

The organization's activities in real and personal property management not only foster economic stability but also promote community improvement initiatives. This creates a positive ripple effect, enhancing the quality of life for residents in Kearney, MO, and surrounding areas. In essence, Platte-Clay Properties Inc plays a critical role in ensuring that resources are effectively utilized to support and elevate community well-being.




This information is meant to be a general summary of Platte-Clay Properties 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
$384,584 (2022)
Expenses
$375,396 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,211
  • Gross Receipts: $384,584

Assets and Liabilities:

  • Total Assets: $5,132,180
  • Total Liabilities: $121
  • Net Assets: $5,132,059

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Organization Details

Founding Year

1989

Principal Officer

David Deihl

Main Address

PO BOX 100 1000 W 92 HWY, KEARNEY, MO, 64060

NTEE Category

Code: S47 - Community improvement

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