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.
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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $90,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,885,042
For more financial information, click 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.
Impact
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.
Thursday, August 15, 2024
Howell Oregon Electric Cooperative Inc's impact lies in its mission to be a leader in delivering cost-effective, reliable energy with value-added service to its member-owners. By providing the lowest possible electric rates for its members, the cooperative plays a crucial role in ensuring affordable access to electricity in the community. The end-of-the-year margins being assigned to the membership as patronage capital further demonstrate the organization's commitment to benefiting its members directly. Through its efforts, Howell Oregon Electric Cooperative Inc contributes to the well-being and sustainability of its community in West Plains, MO.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER CAPITAL CREDIT
Revenue
$378,953
POLE RENTAL
Revenue
$224,053
GAIN FROM EQUITY INVESTMENTS
Revenue
$22,978
Organization Details
Founding Year
1939
Phone
(417) 256-2131
Principal Officer
Dennis Walton
Main Address
PO BOX 649, WEST PLAINS, MO, 65775
NTEE Category
Code: W80 - Public benefit
If you are a representative of Howell Oregon Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.