Overview
What is Barry Electric Cooperative Inc?
Barry Electric Cooperative Inc is a nonprofit organization based in Cassville, Missouri, providing electric service to approximately 9,700 members spread across approximately 1,091 miles. Established in 1946, its mission was to serve rural areas in Barry and McDonald Counties of Missouri where investor-owned utilities found it unprofitable to extend their services. Today, Barry Electric Cooperative Inc employs 46 individuals and serves the communities of Cassville, Exeter, Jenkins, Seligman, Washburn, Wheaton, and surrounding rural areas. Its core activity involves delivering electric power to its cooperative members.
Official website here: www.barryelectric.com
What are the reviews and ratings of this charity?
The Barry Electric Cooperative Inc is not currently rated by Charity Navigator, primarily because it lacks both the Accountability & Finance beacon and the Impact & Measurement beacon required for eligibility. As an organization that is not a 501(c)(3) nonprofit, it falls outside the scope of Charity Navigator's evaluations, which impacts the ability to provide transparency metrics typically reviewed.
This absence of a rating does not inherently reflect either a positive or negative assessment of the organization. Historically, similar organizations may be assessed through accountability and finance metrics, but this organization’s financial details, such as revenue and expenses, are not published.
Since Barry Electric Cooperative Inc does not fit within the typical evaluation methods of Charity Navigator, insights into leadership, adaptability, culture, or community impact are also unavailable. Without user reviews from GreatNonprofits, there's limited insight into the public perception or experiences with this cooperative.
This AI summary has been generated from information found on Charity Navigator.
Is Barry Electric Cooperative Inc legitimate?
Barry Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Barry 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: $230,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,394,117
For more financial information, click here
Official website here: www.barryelectric.com
What is the mission statement of Barry Electric Cooperative Inc?
Barry Electric Cooperative Inc was established in 1946 to extend electric service to communities in rural areas where it was not financially viable for investor-owned utilities to do so. Presently, the cooperative caters to nearly 10,000 members, providing them with electric service across approximately 1,091 miles. Barry Electric Cooperative's primary focus is on serving the southern half of Barry County and a few members in McDonald County, including the towns of Cassville, Exeter, Jenkins, Seligman, Washburn, and Wheaton, and their surrounding rural areas.
Official website here: www.barryelectric.com
Who is the CEO of Barry Electric Cooperative Inc?
David E Cupps is the Executive Vice President of Barry Electric Cooperative Inc.
Official website here: www.barryelectric.com
What is the revenue of Barry Electric Cooperative Inc?
Barry Electric Cooperative Inc's revenue in 2021 was $22,131,992.
Official website here: www.barryelectric.com
Who are the executives of Barry Electric Cooperative Inc and what are their salaries?
The average compensation at Barry Electric Cooperative Inc during 2021 was $35,307. There are 46 employees at Barry Electric Cooperative Inc.
Here are 17 key members and their salaries:
- Compensation: $140,614
- Related: $0
- Other: $22,529
- Compensation: $103,871
- Related: $0
- Other: $40,279
- Compensation: $103,105
- Related: $0
- Other: $39,780
- Compensation: $109,455
- Related: $0
- Other: $24,301
- Compensation: $103,993
- Related: $0
- Other: $22,769
- Compensation: $35,438
- Related: $0
- Other: $8,929
- Compensation: $4,200
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,375
- Related: $0
- Other: $0
- Compensation: $2,375
- Related: $0
- Other: $0
- Compensation: $2,300
- Related: $0
- Other: $0
- Compensation: $2,150
- Related: $0
- Other: $0
- Compensation: $1,925
- Related: $0
- Other: $0
- Compensation: $1,350
- Related: $0
- Other: $0
- Compensation: $1,350
- Related: $0
- Other: $0
- Compensation: $1,050
- Related: $0
- Other: $0
- Compensation: $1,025
- Related: $0
- Other: $0
Official website here: www.barryelectric.com
Where can I find the form 990 for Barry Electric Cooperative Inc?
Barry Electric Cooperative Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.barryelectric.com
Learn more at the official website: www.barryelectric.com
Mission Statement of Barry Electric Cooperative Inc
Barry Electric Cooperative Inc, established in 1946, began its mission to provide electric service to cooperative members in rural Barry and McDonald Counties of Missouri. Since investor-owned utilities found the profitability of serving these areas uncertain, Barry Electric Cooperative filled the gap. Today, this organization serves nearly 10,000 members, a testament to its unwavering commitment to bringing electricity to communities where it was once economically unfeasible.
Barry Electric Cooperative's reach stretches across approximately 1,091 miles, supplying electricity to around 9,700 members. The cooperative's service area includes portions of the southern half of Barry County and a few members in McDonald County. Towns such as Cassville, Exeter, Jenkins, Seligman, Washburn, and Wheaton, along with the surrounding rural areas, benefit from Barry Electric Cooperative's presence. Its commitment to its mission has not gone unnoticed, and the cooperative continues to bring power to those who would otherwise go without.
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Impact
October, 2024
Barry Electric Cooperative Inc plays a vital role in delivering electric service to approximately 9,700 members across 1,091 miles in southern Barry County and parts of McDonald County, Missouri. Established in 1946, the cooperative was created to meet the needs of rural communities where traditional investor-owned utilities found it unprofitable to provide service.
By focusing on enhancing access to electricity for underserved areas like Cassville, Exeter, Jenkins, Seligman, Washburn, Wheaton, and surrounding rural locations, Barry Electric significantly contributes to the quality of life and economic development in these communities. The cooperative fosters local engagement and empowers residents by maintaining a focus on community benefits rather than profit, ensuring reliable and affordable electricity to support homes, businesses, and local initiatives.
Through its ongoing commitment, Barry Electric Cooperative Inc not only provides essential utility service but also serves as a catalyst for growth and improvement in the regions it serves.
This information is meant to be a general summary of Barry 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 2021.
- Investment Income: $691,822
- Program Service Revenue: $20,992,355
- Gross Receipts: $24,200,173
Assets and Liabilities:
- Total Assets: $107,010,094
- Total Liabilities: $73,901,704
- Net Assets: $33,108,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRIC ENERGY
Revenue
$20,025,049
G & T CAPITAL CREDITS
Revenue
$747,183
OTHER CAPITAL CREDITS
Revenue
$130,413
PENALTIES
Revenue
$72,125
OTHER ELECTRIC REVENUE
Revenue
$17,585
Organization Details
Founding Year
1946
Phone
(417) 847-2131Principal Officer
David E Cupps
Main Address
PO BOX 307, CASSVILLE, MO, 65625
Website
www.barryelectric.comNTEE Category
Code: W80 - Public benefit
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