Osage Valley Electric Cooperative Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 440378635 ✦ Butler, MO ✦ Designated as a 501(c)(12)

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Overview

What is Osage Valley Electric Cooperative Association?

Osage Valley Electric Cooperative Association is a nonprofit organization headquartered in Butler, Missouri. With a post office box address at PO BOX 470, they provide electric energy to their members on a cooperative basis. Through this cooperative model, they allocate patronage capital, ensuring sales at cost. The cooperative boasts 17,473 active services, reflecting its commitment to serving a substantial community. Their mission is to deliver safe, reliable, and affordable electric service, aiming to enhance the quality of life and the communities of their members. They follow the seven cooperative principles to accomplish their mission. With a dedicated workforce of 53 employees, Osage Valley Electric Cooperative Association remains dedicated to its members' needs.


Official website here: www.osagevalley.com

Is Osage Valley Electric Cooperative Association legitimate?

Osage Valley Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Osage Valley 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: $891,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,948,759

For more financial information, click here


Official website here: www.osagevalley.com

What is the mission statement of Osage Valley Electric Cooperative Association?

The Osage Valley Electric Cooperative Association is dedicated to providing high-quality and reliable electric service to its members on a cooperative basis. Committed to enhancing the quality of life in the communities they serve, the cooperative follows the seven cooperative principles to accomplish this mission. Through these principles, they ensure the sale of electric energy to members at cost, with the allocation of patronage capital. At the end of the year, there were 17,473 active services under their care.


Official website here: www.osagevalley.com

Who is the CEO of Osage Valley Electric Cooperative Association?

Jarrod Campbell is the Secretary/Treasurer of Osage Valley Electric Cooperative Association. The CEO's salary of Osage Valley Electric Cooperative Association is $234,998 and their total compensation is $468,946.


Official website here: www.osagevalley.com

What is the revenue of Osage Valley Electric Cooperative Association?

Osage Valley Electric Cooperative Association's revenue in 2022 was $41,931,566.


Official website here: www.osagevalley.com

Who are the executives of Osage Valley Electric Cooperative Association and what are their salaries?

The average compensation at Osage Valley Electric Cooperative Association during 2022 was $72,467. There are 53 employees at Osage Valley Electric Cooperative Association.


Here are 16 key members and their salaries (Osage Valley Electric Cooperative Association's CEO's salary is $234,998 and their total compensation is $468,946):


Chelle Black (Secretary/Treasurer)
  • Compensation: $26,227
  • Related: $0
  • Other: $0
Darrell Dains (Director)
  • Compensation: $21,503
  • Related: $0
  • Other: $0
Ronald Steuck (President)
  • Compensation: $29,445
  • Related: $0
  • Other: $0
David Rapp (2Nd Vice President)
  • Compensation: $15,275
  • Related: $0
  • Other: $0
Gerald Stephan (1St Vice President)
  • Compensation: $27,545
  • Related: $0
  • Other: $0
Pd Kircher (Director)
  • Compensation: $28,541
  • Related: $0
  • Other: $0
Richard Wirsig (Assistant Secretary/Treasurer)
  • Compensation: $28,245
  • Related: $0
  • Other: $0
Ray Heuser (Director)
  • Compensation: $28,243
  • Related: $0
  • Other: $0
Paul Ross (Director)
  • Compensation: $28,241
  • Related: $0
  • Other: $0
Jarrod Campbell (Ceo/General Manager)
  • Compensation: $234,998
  • Related: $0
  • Other: $233,948
Matthew Sharp (Cfo)
  • Compensation: $122,706
  • Related: $0
  • Other: $67,061
James Nissen (Foreman)
  • Compensation: $127,539
  • Related: $0
  • Other: $85,808
Michael Masten (Butler Operations Manager)
  • Compensation: $126,847
  • Related: $0
  • Other: $98,566
Trevon Riley (Engineer)
  • Compensation: $123,651
  • Related: $0
  • Other: $45,537
Clinton Bennett (Foreman)
  • Compensation: $122,440
  • Related: $0
  • Other: $99,475
Stetson Shirky (Foreman)
  • Compensation: $120,539
  • Related: $0
  • Other: $56,301


Official website here: www.osagevalley.com

Where can I find the form 990 for Osage Valley Electric Cooperative Association?

Osage Valley Electric Cooperative Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.osagevalley.com

Learn more at the official website: www.osagevalley.com

Mission Statement of Osage Valley Electric Cooperative Association

Osage Valley Electric Cooperative Association, a committed organization, strives to deliver safe, reliable, and affordable electric service to its members on a cooperative basis. By following the seven cooperative principles, this association aims to enhance the quality of life and the communities of its members.

The Osage Valley Electric Cooperative Association operates under a mission to provide quality and reliable electric service at cost to its members. Their primary focus is on ensuring the provision of electricity in a cooperative manner, with sales based on cost allocation and the distribution of patronage capital. At the end of the year, there were 17,473 active services under their care.

By prioritizing affordability and reliability, Osage Valley Electric Cooperative Association works to make a difference in the lives of its members. The cooperative's dedication to delivering electric service equitably and effectively enables its members to improve their daily lives and invest in their communities.

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Impact




October, 2024

Osage Valley Electric Cooperative Association significantly impacts its community by ensuring the delivery of quality and reliable electric service to its members. Serving 17,473 active services, the cooperative operates on a cost-based model, which allows members to benefit from electric energy sales that are fairly priced. This approach not only fosters financial transparency but also promotes a sense of ownership and commitment among its members.

By adhering to the seven cooperative principles, Osage Valley Electric is dedicated to improving the quality of life for its members and the wider community. The cooperative's mission reflects a commitment to safe, reliable, and affordable electric service, which is essential for both residential and business needs. This reliable infrastructure plays a crucial role in enhancing economic development and stability within the region, ultimately benefiting the local community and enhancing the overall quality of life for its residents.




This information is meant to be a general summary of Osage Valley 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.

Revenue
$41,931,566 (2022)
Expenses
$41,931,566 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $250,353
  • Program Service Revenue: $40,596,806
  • Gross Receipts: $41,946,631

Assets and Liabilities:

  • Total Assets: $144,268,357
  • Total Liabilities: $93,831,037
  • Net Assets: $50,437,320

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES OF ELECTRICITY

Revenue

$39,188,097

PATRONAGE DIVIDENDS

Revenue

$1,328,442

OTHER PROGRAM REVENUE

Revenue

$80,267

Organization Details

Founding Year

1938

Principal Officer

Jarrod Campbell

Main Address

PO BOX 470, BUTLER, MO, 64730

NTEE Category

Code: W80 - Public benefit

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