Overview
What is Platte-Clay Electric Cooperative Inc?
Platte-Clay Electric Cooperative Inc, based in Kearney, MO, is a non-profit organization dedicated to delivering electric services to rural areas and providing connections for roughly 24,500 customers. Their mission encompasses the distribution of electric service to underserved regions, ensuring access to essential energy resources.
Is Platte-Clay Electric Cooperative Inc legitimate?
Platte-Clay Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Platte-Clay 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $981,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,079,107
For more financial information, click here
What is the mission statement of Platte-Clay Electric Cooperative Inc?
Platte-Clay Electric Cooperative is a non-profit organization dedicated to delivering electric service to rural communities. With a focus on providing power to approximately 24,500 connections, the cooperative strives to bring electricity to remote areas. Its mission encompasses the distribution of electricity to rural customers, ensuring they have access to this essential resource. This organization plays a vital role in bringing the conveniences of electricity to rural communities, enhancing their quality of life.
What is the revenue of Platte-Clay Electric Cooperative Inc?
Platte-Clay Electric Cooperative Inc's revenue in 2023 was $75,811,518.
Who are the executives of Platte-Clay Electric Cooperative Inc and what are their salaries?
The average compensation at Platte-Clay Electric Cooperative Inc during 2023 was $26,078. There are 79 employees at Platte-Clay Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Compensation: $305,038
- Related: $0
- Other: $276,261
- Compensation: $231,351
- Related: $0
- Other: $151,662
- Compensation: $204,613
- Related: $0
- Other: $102,475
- Compensation: $165,283
- Related: $0
- Other: $76,450
- Compensation: $159,262
- Related: $0
- Other: $81,693
- Compensation: $157,966
- Related: $0
- Other: $55,440
- Compensation: $19,100
- Related: $0
- Other: $0
- Compensation: $15,300
- Related: $0
- Other: $0
- Compensation: $13,100
- Related: $0
- Other: $0
- Compensation: $11,800
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $6,700
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $4,400
- Related: $0
- Other: $0
Where can I find the form 990 for Platte-Clay Electric Cooperative Inc?
Platte-Clay Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Platte-Clay Electric Cooperative Inc
Platte-Clay Electric Cooperative, a non-profit organization, is dedicated to delivering electric services to rural communities. With a mission to provide, the cooperative focuses on distributing electricity to areas that may not be reachable by traditional power companies. Serving approximately 24,500 connections, Platte-Clay Electric Cooperative ensures that rural residents have access to essential power resources. By offering electrical services to these rural communities, the cooperative contributes to enhancing the quality of life and economic opportunities for its members.
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Impact
October, 2024
Platte-Clay Electric Cooperative Inc plays a vital role in enhancing the quality of life for rural communities in Missouri by ensuring reliable access to electricity. Serving approximately 24,500 connections, the cooperative extends electrical service to areas that might otherwise be underserved, thereby fostering economic development, promoting safety, and improving overall living standards.
The cooperative's efforts contribute to the region's infrastructure, enabling homes and businesses to access energy that powers essential services and supports daily activities. By focusing on rural customers, Platte-Clay Electric Cooperative Inc helps bridge the gap between urban and rural energy access, helping to maintain vibrant communities.
Moreover, the cooperative's commitment to serve areas in and around Kearney, MO, ensures that residents benefit from affordable and dependable electricity, which is crucial for everything from everyday conveniences to growth in local industries. This mission not only facilitates a better standard of living but also encourages sustainability and resilience within these rural environments.
This information is meant to be a general summary of Platte-Clay Electric Cooperative Inc. 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 2023.
- Investment Income: $55,076
- Program Service Revenue: $72,283,409
- Gross Receipts: $75,811,518
Assets and Liabilities:
- Total Assets: $192,685,266
- Total Liabilities: $85,138,123
- Net Assets: $107,547,143
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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
$61,497,075
Capital Credits
Revenue
$2,292,292
Other Operating
Revenue
$8,382,034
Capital Credits
Revenue
$112,008
Organization Details
Founding Year
1938
Principal Officer
David Deihi
NTEE Category
Code: W80 - Public benefit
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