Overview
What is North Central Missouri Electric Coo?
North Central Missouri Electric Cooperative (NCMEC) is a PO Box-based entity in Milan, Missouri (ZIP code 63556). Their primary focus is to generate, produce, buy, and assemble electric energy for their shareholders' exclusive use. They then transmit, distribute, provide, sell, and dispose of this energy to their members. NCMEC's mission is centered around serving their shareholders by ensuring a steady supply of electric energy. They employ a team of 29 individuals to help carry out these functions.
Is North Central Missouri Electric Coo legitimate?
North Central Missouri Electric Coo is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Central Missouri Electric Coo 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 North Central Missouri Electric Coo?
North Central Missouri Electric Coo is dedicated to producing electric energy and supplying it exclusively to its shareholders. The company's mission involves acquiring, generating, manufacturing, and accumulating electric energy for the sole purpose of transmitting, distributing, selling, and disposing of it to its shareholder base.
Who is the CEO of North Central Missouri Electric Coo?
Loren Haines is the CEO of North Central Missouri Electric Coo The CEO's salary of North Central Missouri Electric Coo is $303,905 and their total compensation is $303,905.
What is the revenue of North Central Missouri Electric Coo?
North Central Missouri Electric Coo's revenue in 2024 was $20,558,542.
Who are the executives of North Central Missouri Electric Coo and what are their salaries?
There are 30 employees at North Central Missouri Electric Coo.
Here are 12 key members and their salaries (North Central Missouri Electric Coo's CEO's salary is $303,905 and their total compensation is $303,905):
- Compensation: $303,905
- Related: $0
- Other: $0
- Compensation: $163,960
- Related: $0
- Other: $0
- Compensation: $163,512
- Related: $0
- Other: $0
- Compensation: $32,670
- Related: $0
- Other: $0
- Compensation: $25,849
- Related: $0
- Other: $0
- Compensation: $24,949
- Related: $0
- Other: $0
- Compensation: $24,049
- Related: $0
- Other: $0
- Compensation: $24,041
- Related: $0
- Other: $0
- Compensation: $24,033
- Related: $0
- Other: $0
- Compensation: $14,690
- Related: $0
- Other: $0
- Compensation: $5,049
- Related: $0
- Other: $0
- Compensation: $3,649
- Related: $0
- Other: $0
Where can I find the form 990 for North Central Missouri Electric Coo?
North Central Missouri Electric Coo's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of North Central Missouri Electric Coo
North Central Missouri Electric Cooperative (NCMEC) is dedicated to producing, acquiring, and delivering electric energy to its member-shareholders. In simple terms, this electricity cooperative aims to harness various sources of energy and make it accessible to its community of shareholders. NCMEC's mission is multifaceted and involves not only the generation and distribution of electric energy but also its transmission, sale, and disposal to its members. This means that from the very beginning of energy production to the final delivery to the homes and businesses of its shareholders, NCMEC plays an integral role in ensuring a consistent electric energy supply.
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Impact
October, 2024
North Central Missouri Electric Cooperative plays a critical role in providing reliable electricity to its shareholders. Based in Milan, Missouri, the cooperative focuses on generating, purchasing, and distributing electric energy, ensuring that its members have access to affordable and sustainable power. By emphasizing local energy solutions, the cooperative not only supports economic development in the region but also fosters a sense of community and shared ownership among its members. Its mission to serve shareholders exclusively underscores a commitment to putting the needs of the community first, ultimately enhancing the quality of life for residents in the area.
This information is meant to be a general summary of North Central Missouri Electric Coo. 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 2024.
- Investment Income: $100,935
- Program Service Revenue: $19,790,712
- Gross Receipts: $20,558,542
Assets and Liabilities:
- Total Assets: $42,562,789
- Total Liabilities: $22,723,296
- Net Assets: $19,839,493
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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
$19,790,712
Organization Details
Founding Year
1940
Principal Officer
Roger Casady
NTEE Category
Code: W80 - Public benefit
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