Overview
What is Intercounty Electric Cooperative Association?
Intercounty Electric Cooperative Association is a nonprofit organization based in Licking, Missouri, specifically at 102 Maple Avenue, with approximately 125 employees. Their primary mission is to deliver dependable electric service to around 24,000 residential, farm, and commercial members residing in parts of Dent, Phelps, Texas, Crawford, Gasconade, Laclede, Maries, Pulaski, Shannon, and Wright counties. The cooperative not only sells electricity but also offers related services and education to its members. Additionally, Intercounty Electric Cooperative Association focuses on promoting electrical safety and energy efficiencies.
Official website here: www.ieca.coop
What are the reviews and ratings of this charity?
Intercounty Electric Cooperative Association is not currently rated by Charity Navigator. The organization has not been evaluated because it does not qualify under the 501(c)(3) IRS registration, typically required for assessments. As such, its absence of rating isn't necessarily a reflection of its performance, positive or negative.
While previous evaluations focused primarily on accountability and financial management, the current lack of information, such as revenue, expenses, and key salary data, prevents a comprehensive assessment. The cooperatives' independence from regional or national affiliations is noted, but further details on its operations remain unavailable.
No user reviews from GreatNonprofits have been recorded, leaving individual experiences and personal feedback about the cooperative unaccounted for within this summary.
This AI summary has been generated from information found on Charity Navigator.
Is Intercounty Electric Cooperative Association legitimate?
Intercounty Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Intercounty Electric Cooperative Association 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: $1,327,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,639,171
For more financial information, click here
Official website here: www.ieca.coop
What is the mission statement of Intercounty Electric Cooperative Association?
The Intercounty Electric Cooperative Association is dedicated to providing electric services to its cooperative members. Their mission encompasses the sale of electricity and related services, ensuring dependable energy to approximately 24,000 residential, farm, and commercial members. In addition to electricity provision, the cooperative offers educational resources on electrical safety and energy efficiencies.
Official website here: www.ieca.coop
Who is the CEO of Intercounty Electric Cooperative Association?
Charles D Lane is the Vice President of Intercounty Electric Cooperative Association. The CEO's salary of Intercounty Electric Cooperative Association is $202,597 and their total compensation is $344,390.
Official website here: www.ieca.coop
What is the revenue of Intercounty Electric Cooperative Association?
Intercounty Electric Cooperative Association's revenue in 2022 was $63,855,241.
Official website here: www.ieca.coop
Who are the executives of Intercounty Electric Cooperative Association and what are their salaries?
The average compensation at Intercounty Electric Cooperative Association during 2022 was $47,730. There are 125 employees at Intercounty Electric Cooperative Association.
Here are 19 key members and their salaries (Intercounty Electric Cooperative Association's CEO's salary is $202,597 and their total compensation is $344,390):
- Compensation: $36,102
- Related: $0
- Other: $0
- Compensation: $30,102
- Related: $0
- Other: $0
- Compensation: $23,153
- Related: $0
- Other: $0
- Compensation: $25,403
- Related: $0
- Other: $0
- Compensation: $26,003
- Related: $0
- Other: $0
- Compensation: $33,777
- Related: $8,859
- Other: $0
- Compensation: $30,552
- Related: $0
- Other: $0
- Compensation: $12,755
- Related: $0
- Other: $0
- Compensation: $13,655
- Related: $0
- Other: $0
- Compensation: $202,597
- Related: $0
- Other: $141,793
- Compensation: $126,259
- Related: $0
- Other: $52,082
- Compensation: $129,090
- Related: $0
- Other: $42,724
- Compensation: $116,970
- Related: $0
- Other: $48,028
- Compensation: $115,086
- Related: $0
- Other: $37,507
- Compensation: $111,354
- Related: $0
- Other: $29,283
- Compensation: $11,876
- Related: $7,507
- Other: $0
- Compensation: $12,476
- Related: $0
- Other: $0
- Compensation: $131,069
- Related: $0
- Other: $118,625
- Compensation: $138,739
- Related: $0
- Other: $116,307
Official website here: www.ieca.coop
Where can I find the form 990 for Intercounty Electric Cooperative Association?
Intercounty Electric Cooperative Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ieca.coop
Learn more at the official website: www.ieca.coop
Mission Statement of Intercounty Electric Cooperative Association
Intercounty Electric Cooperative Association, a cooperative dedicated to providing electricity and related services, aims to serve approximately 24,000 residential, farm, and commercial members in various counties. The organization is committed to delivering dependable electric service, going beyond just selling electricity. In addition to its primary mission, Intercounty Electric Cooperative Association is also dedicated to promoting electrical safety and energy efficiencies among its members.
By focusing on both energy delivery and related educational initiatives, Intercounty Electric Cooperative Association sets itself apart as a cooperative that prioritizes the well-being of its members. Through its dedication to providing reliable electricity, the cooperative ensures that the communities it serves can thrive and grow. Moreover, its commitment to sharing knowledge about electrical safety and energy efficiency empowers members to make informed choices and save on energy costs.
Intercounty Electric Cooperative Association's mission is not only about business transactions but also about creating a sustainable and informed community. By providing essential services and essential knowledge, the cooperative fosters a strong connection with its members and contributes to the overall well-being of the regions it serves.
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Impact
October, 2024
Intercounty Electric Cooperative Association plays a vital role in providing dependable electric service to approximately 24,000 residential, farm, and commercial members across multiple counties in Missouri, including Dent, Phelps, Texas, Crawford, Gasconade, Laclede, Maries, Pulaski, Shannon, and Wright. By ensuring access to reliable electricity, it enhances the quality of life for individuals and families, supports local businesses, and contributes to the economic development of the region.
In addition to electricity sales, the cooperative also emphasizes the importance of electrical safety and energy efficiency through educational initiatives. This commitment not only helps members conserve energy and reduce costs but also promotes safer practices that benefit the community as a whole. Overall, Intercounty Electric Cooperative Association significantly impacts not just energy access but also community well-being and local economies.
This information is meant to be a general summary of Intercounty Electric Cooperative Association. 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 2022.
- Investment Income: $198,043
- Program Service Revenue: $63,026,032
- Gross Receipts: $63,890,059
Assets and Liabilities:
- Total Assets: $175,726,427
- Total Liabilities: $98,348,735
- Net Assets: $77,377,692
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$62,971,600
OTHER OPERATING REVENUE
Revenue
$1,054,432
LESS REVENUE DEFERRED
Revenue
-$1,000,000
Organization Details
Founding Year
1936
Phone
(573) 674-2211Principal Officer
Charles D Lane
Main Address
102 MAPLE AVENUE, LICKING, MO, 65542
Website
www.ieca.coopNTEE Category
Code: W80 - Public benefit
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