Overview
What is Nw Electric Power Cooperative?
Nw Electric Power Cooperative is a nonprofit organization based in Cameron, Missouri. Established by its member cooperatives, its primary mission is to serve as a transmission source of electric power for electric cooperatives in northwest Missouri. With a workforce of 76 employees, Nw Electric Power Cooperative provides electric energy in accordance with IRC section 501(c)(12)(B). Its activity or mission is described as a cooperative formed to ensure the reliable delivery of electricity to its member distribution cooperatives.
Official website here: www.nwepc.com
Is Nw Electric Power Cooperative legitimate?
Nw Electric Power Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nw Electric Power 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: $2,208,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,348,510
For more financial information, click here
Official website here: www.nwepc.com
What is the mission statement of Nw Electric Power Cooperative?
Nw Electric Power Cooperative was established by its member cooperatives with the primary objective of providing electric energy to distribution cooperatives located in Northwest Missouri. This cooperative functions as a transmission source of electric power, ensuring a consistent energy supply for its cooperative members. By adhering to the provisions of IRC Section 501(C)(12)(B), Nw Electric Power Cooperative fulfills its mission to deliver electricity to the cooperatives it serves. The cooperative's mission is centered around powering the rural electric cooperatives in Northwest Missouri, thereby contributing to the overall electrical infrastructure of the region.
Official website here: www.nwepc.com
Who is the CEO of Nw Electric Power Cooperative?
David Mcdowell is the CEO of Nw Electric Power Cooperative The CEO's salary of Nw Electric Power Cooperative is $481,902 and their total compensation is $693,183.
Official website here: www.nwepc.com
What is the revenue of Nw Electric Power Cooperative?
Nw Electric Power Cooperative's revenue in 2023 was $117,187,744.
Official website here: www.nwepc.com
Who are the executives of Nw Electric Power Cooperative and what are their salaries?
The average compensation at Nw Electric Power Cooperative during 2023 was $46,200. There are 77 employees at Nw Electric Power Cooperative.
Here are 26 key members and their salaries (Nw Electric Power Cooperative's CEO's salary is $481,902 and their total compensation is $693,183):
- Compensation: $481,902
- Related: $0
- Other: $211,281
- Compensation: $310,042
- Related: $0
- Other: $135,829
- Compensation: $307,271
- Related: $0
- Other: $137,550
- Compensation: $243,586
- Related: $0
- Other: $121,001
- Compensation: $260,999
- Related: $0
- Other: $99,441
- Compensation: $180,724
- Related: $0
- Other: $124,787
- Compensation: $160,236
- Related: $0
- Other: $70,612
- Compensation: $176,010
- Related: $0
- Other: $54,369
- Compensation: $155,548
- Related: $0
- Other: $65,786
- Compensation: $27,900
- Related: $0
- Other: $0
- Compensation: $26,850
- Related: $0
- Other: $0
- Compensation: $24,450
- Related: $0
- Other: $0
- Compensation: $24,450
- Related: $0
- Other: $0
- Compensation: $22,650
- Related: $0
- Other: $0
- Compensation: $22,650
- Related: $0
- Other: $0
- Compensation: $22,050
- Related: $0
- Other: $0
- Compensation: $20,250
- Related: $0
- Other: $0
- Compensation: $18,150
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $15,300
- Related: $0
- Other: $0
- Compensation: $10,800
- Related: $0
- Other: $0
- Compensation: $3,750
- Related: $0
- Other: $0
- Compensation: $2,250
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nwepc.com
Where can I find the form 990 for Nw Electric Power Cooperative?
Nw Electric Power Cooperative's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nwepc.com
Learn more at the official website: www.nwepc.com
Mission Statement of Nw Electric Power Cooperative
Nw Electric Power Cooperative, formed by its member cooperatives, is a mission-driven organization dedicated to providing electric energy in northwest Missouri, as outlined in IRC Section 501(c)(12)(b). In simple terms, this rural electric cooperative functions as a transmission source of electric power for its member electric cooperatives.
By supplying electric energy to its cooperative members, Nw Electric Power Cooperative plays a pivotal role in the rural communities it serves. Its primary goal is to ensure a steady flow of electricity, ensuring that essential services and infrastructure remain operational. This not only enhances the daily lives of residents but also supports the economic growth and sustainability of the area.
Nw Electric Power Cooperative's unwavering commitment to its members goes beyond just electricity. Its operations encompass the responsible management of power resources and the implementation of advanced technologies to maintain a reliable and efficient power grid. This, in turn, fosters a strong partnership between the cooperative and the communities it serves, as they work together to meet the evolving energy needs of the region.
In summary, Nw Electric Power Cooperative is an essential pillar in the northwest Missouri community. It is a dedicated provider of electric energy to its member cooperatives, responsible for the transmission of power that supports the daily lives and economic growth of the rural areas it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nw Electric Power Cooperative plays a crucial role in delivering reliable electric energy to its member distribution cooperatives in Northwest Missouri. By acting as a transmission source of electric power, it ensures that rural areas have access to essential electricity services. This cooperative fosters energy equity by serving smaller communities that might otherwise struggle to meet their energy needs, thereby supporting local economies and enhancing the quality of life for residents.
Furthermore, Nw Electric Power Cooperative's focus on providing energy aligns with community development goals, promoting sustainable practices and potentially reducing costs for its members through collective purchasing and resource management. Its operation contributes to the overall stability and resilience of the electric grid in the region, making a significant impact on the communities it serves.
This information is meant to be a general summary of Nw Electric Power 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 2023.
- Investment Income: $1,059,239
- Program Service Revenue: $116,215,711
- Gross Receipts: $117,447,495
Assets and Liabilities:
- Total Assets: $279,045,403
- Total Liabilities: $180,551,789
- Net Assets: $98,493,614
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Wholesale Electric
Revenue
$107,175,247
Capital Credits
Revenue
$7,412,450
Wheeling Revenue
Revenue
$1,781,582
Other Revenue
Revenue
-$153,568
Organization Details
Founding Year
1949
Principal Officer
David Mcdowell
Website
www.nwepc.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Nw Electric Power Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.