Overview
What is Howell Oregon Electric Cooperative Inc?
Howell Oregon Electric Cooperative Inc, based in West Plains, Missouri, is a nonprofit organization dedicated to providing the lowest possible electric rates to its member-owners. With a workforce of 94 employees, the cooperative's mission extends beyond affordable energy. They aim to lead in delivering cost-effective, reliable energy with value-added services to their community. The end-of-year surplus is assigned back to the membership in the form of patronage capital.
What are the reviews and ratings of this charity?
Howell Oregon Electric Cooperative Inc is not currently rated by Charity Navigator. This is primarily because it is not a 501(c)(3) IRS registered nonprofit, thus limiting the standard beacons and methodologies Charity Navigator uses, such as Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability evaluations. Due to this status, key financial data such as revenue, expenses, and salaries are not provided.
The absence of a rating from Charity Navigator does not imply a positive or negative assessment. It simply reflects the cooperative's structural setup and tax status, which excludes it from traditional nonprofit evaluations. Organizations like Howell Oregon Electric Cooperative operate independently and are assessed differently as per their legal classifications.
No user reviews are available on GreatNonprofits, which leaves a gap in understanding the community's direct experiences with Howell Oregon Electric Cooperative. Without these reviews, insights into public perception and member satisfaction are limited.
This AI summary has been generated from information found on Charity Navigator.
Is Howell Oregon Electric Cooperative Inc legitimate?
Howell Oregon Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Howell Oregon 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: $730,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,720,326
For more financial information, click here
What is the mission statement of Howell Oregon Electric Cooperative Inc?
The Howell Oregon Electric Cooperative Inc is dedicated to delivering cost-effective and reliable electric energy to its member-owners. Their primary mission is to provide the lowest possible electric rates for their members. At the end of each year, any excess profits are assigned to the membership in the form of patronage capital. The cooperative strives to lead in providing value-added services alongside dependable energy.
Who is the CEO of Howell Oregon Electric Cooperative Inc?
Dan Singletary is the CEO of Howell Oregon Electric Cooperative Inc The CEO's salary of Howell Oregon Electric Cooperative Inc is $346,156 and their total compensation is $666,892.
What is the revenue of Howell Oregon Electric Cooperative Inc?
Howell Oregon Electric Cooperative Inc's revenue in 2023 was $27,224,158.
Who are the executives of Howell Oregon Electric Cooperative Inc and what are their salaries?
The average compensation at Howell Oregon Electric Cooperative Inc during 2023 was $45,412. There are 98 employees at Howell Oregon Electric Cooperative Inc.
Here are 20 key members and their salaries (Howell Oregon Electric Cooperative Inc's CEO's salary is $346,156 and their total compensation is $666,892):
- Compensation: $5,600
- Related: $0
- Other: $0
- Compensation: $6,800
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,400
- Related: $0
- Other: $0
- Compensation: $5,600
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $10,100
- Related: $0
- Other: $0
- Compensation: $8,650
- Related: $0
- Other: $0
- Compensation: $7,600
- Related: $0
- Other: $0
- Compensation: $7,600
- Related: $0
- Other: $0
- Compensation: $7,600
- Related: $0
- Other: $0
- Compensation: $346,156
- Related: $45,850
- Other: $274,886
- Compensation: $146,910
- Related: $0
- Other: $106,664
- Compensation: $151,861
- Related: $0
- Other: $92,913
- Compensation: $121,467
- Related: $0
- Other: $101,378
- Compensation: $114,774
- Related: $0
- Other: $64,821
- Compensation: $122,858
- Related: $0
- Other: $71,973
- Compensation: $116,676
- Related: $0
- Other: $83,003
- Compensation: $114,810
- Related: $0
- Other: $47,521
Where can I find the form 990 for Howell Oregon Electric Cooperative Inc?
Howell Oregon Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Howell Oregon Electric Cooperative Inc
Howell Oregon Electric Cooperative Inc, a member-owned cooperative, is dedicated to delivering affordable electric rates to its members. The organization's mission is to lead in the provision of cost-effective, reliable energy, accompanied by value-added services. The cooperative's primary goal lies in ensuring the lowest possible electric rates for its members. At the end of each year, any remaining profits are assigned to the membership as patronage capital. This financial model, unique to cooperatives, allows the profits to be returned directly to the members who use and benefit from the cooperative's services. Howell Oregon Electric Cooperative Inc's commitment to its members is unwavering, with the organization continually seeking ways to provide energy solutions that are both economical and sustainable. By focusing on cost efficiency, reliability, and value-added services, Howell Oregon Electric Cooperative Inc is not just a utility provider, but a partner in energy management for its members.
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Impact
October, 2024
Howell Oregon Electric Cooperative Inc plays a significant role in its community by providing the lowest possible electric rates for its members. Located in West Plains, MO, the cooperative is dedicated to ensuring that all member-owners have access to cost-effective and reliable energy.
The cooperative’s mission emphasizes delivering value-added services, which enhances the overall customer experience and contributes to the well-being of the members it serves. By assigning year-end margins back to the membership as patronage capital, HOEC fosters a sense of community and shared ownership among its members, promoting financial benefits that can be reinvested in local services and initiatives. Overall, HOEC's impact is seen in its commitment to affordability, reliability, and community engagement.
This information is meant to be a general summary of Howell Oregon 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,012,277
- Program Service Revenue: $473,755
- Gross Receipts: $51,001,871
Assets and Liabilities:
- Total Assets: $152,806,681
- Total Liabilities: $105,298,955
- Net Assets: $47,507,726
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
POLE RENTAL
Revenue
$243,791
OTHER CAPITAL CREDIT
Revenue
$200,835
GAIN FROM EQUITY INVESTMENTS
Revenue
$29,129
Organization Details
Founding Year
1939
Principal Officer
Dennis Walton
NTEE Category
Code: W80 - Public benefit
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