Overview
What is Laclede Electric Cooperative?
The Laclede Electric Cooperative is a nonprofit organization headquartered in Lebanon, Missouri. With a team of 135 employees, their primary mission is to provide electricity services to rural members on a cooperative basis. By offering this essential utility, they aim to improve the quality of life and support the communities they serve.
Official website here: www.lacledeelectric.com
Is Laclede Electric Cooperative legitimate?
Laclede Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Laclede Electric Cooperative 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: $847,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lacledeelectric.com
What is the mission statement of Laclede Electric Cooperative?
The Laclede Electric Cooperative is dedicated to providing electricity service to rural members on a non-profit cooperative basis. This mission is carried out with the goal of ensuring consistent power supply to its community members. The cooperative operates on a non-profit basis, prioritizing the needs of its rural members above all else. The team at Laclede Electric Cooperative works tirelessly to ensure the availability and reliability of electricity, enhancing the quality of life for those it serves. Its commitment to delivering electricity in a cooperative manner reflects its dedication to its members and the rural communities it serves.
Official website here: www.lacledeelectric.com
Who is the CEO of Laclede Electric Cooperative?
Terry Rosenthal is the Director of Laclede Electric Cooperative. The CEO's salary of Laclede Electric Cooperative is $273,334 and their total compensation is $419,366.
Official website here: www.lacledeelectric.com
What is the revenue of Laclede Electric Cooperative?
Laclede Electric Cooperative's revenue in 2022 was $76,618,594.
Official website here: www.lacledeelectric.com
Who are the executives of Laclede Electric Cooperative and what are their salaries?
The average compensation at Laclede Electric Cooperative during 2022 was $6,275. There are 135 employees at Laclede Electric Cooperative.
Here are 17 key members and their salaries (Laclede Electric Cooperative's CEO's salary is $273,334 and their total compensation is $419,366):
- Compensation: $29,292
- Related: $0
- Other: $0
- Compensation: $21,901
- Related: $0
- Other: $0
- Compensation: $19,801
- Related: $0
- Other: $0
- Compensation: $28,692
- Related: $0
- Other: $0
- Compensation: $12,284
- Related: $0
- Other: $0
- Compensation: $28,313
- Related: $0
- Other: $0
- Compensation: $17,208
- Related: $0
- Other: $0
- Compensation: $30,173
- Related: $0
- Other: $0
- Compensation: $14,384
- Related: $0
- Other: $0
- Compensation: $273,334
- Related: $0
- Other: $146,032
- Compensation: $138,159
- Related: $0
- Other: $77,948
- Compensation: $186,964
- Related: $0
- Other: $212,031
- Compensation: $135,753
- Related: $0
- Other: $89,587
- Compensation: $127,880
- Related: $0
- Other: $149,638
- Compensation: $124,419
- Related: $0
- Other: $89,705
- Compensation: $128,284
- Related: $0
- Other: $137,164
- Compensation: $124,828
- Related: $0
- Other: $37,789
Official website here: www.lacledeelectric.com
Where can I find the form 990 for Laclede Electric Cooperative?
Laclede Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lacledeelectric.com
Learn more at the official website: www.lacledeelectric.com
Mission Statement of Laclede Electric Cooperative
Laclede Electric Cooperative, a not-for-profit organization, is dedicated to bringing electricity services to rural members in a cooperative manner. The cooperative's primary objective is to ensure that its members in remote areas have consistent access to electricity, promoting energy equality and improving overall quality of life. By operating on a cooperative basis, Laclede Electric Cooperative fosters a sense of community and collaboration, allowing its members to collectively reap the benefits of reliable electric service.
In executing its mission, Laclede Electric Cooperative provides electricity services to its rural members, empowering them with the essential resource needed for modern living. By focusing on the non-profit cooperative model, the organization aims to keep costs low and services accessible to those who might not otherwise have access. This approach further reinforces the cooperative's commitment to serving its community, ensuring that electricity is an inclusive and affordable utility for all. With a strong sense of purpose and a unified goal, Laclede Electric Cooperative continues to bring light and power to the lives of its members.
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Impact
October, 2024
Laclede Electric Cooperative plays a crucial role in delivering electricity service to rural communities in Lebanon, Missouri, and its surrounding areas. By focusing on providing reliable and affordable electricity, it enhances the quality of life for its members, ensuring access to essential services. The cooperative model fosters a sense of community, empowering local residents by prioritizing their needs and interests in energy provision. This commitment to serving rural members creates a sustainable energy infrastructure that supports economic growth and enhances public welfare. Through its operations, Laclede Electric Cooperative contributes significantly to the development and stability of the region it serves.
This information is meant to be a general summary of Laclede Electric Cooperative. 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: $194,237
- Program Service Revenue: $75,480,873
- Gross Receipts: $76,618,594
Assets and Liabilities:
- Total Assets: $218,562,681
- Total Liabilities: $116,420,239
- Net Assets: $102,142,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ENERGY SERVICE
Revenue
$74,385,045
G&T AND OTHER CAPITAL CREDITS
Revenue
$645,839
JOINT POLE & FIBER RENT
Revenue
$449,989
Organization Details
Founding Year
1938
Phone
(417) 532-3164Principal Officer
Terry Rosenthal
Main Address
PO BOX M, LEBANON, MO, 655360900
Website
www.lacledeelectric.comNTEE Category
Code: W80 - Public benefit
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