Midwest Electric Cooperative Corporation

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

EIN: 470348438 ✦ Grant, NE ✦ Designated as a 501(c)(12)

Overview

What is Midwest Electric Cooperative Corporation?

Midwest Electric Cooperative Corporation is a dedicated nonprofit organization based in Grant, Nebraska. With a team of 36 employees, they are committed to delivering a high-quality, reliable, and competitively priced supply of electricity to their members and customers. Their primary mission is to ensure the efficient and cost-effective provision of safe and dependable power to their cooperative members. By effectively utilizing human, capital, and physical resources, they maintain a sound financial position in accordance with cooperative principles.


Official website here: www.midwestecc.com

Is Midwest Electric Cooperative Corporation legitimate?

Midwest Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Midwest Electric Cooperative Corporation 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $447,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,392,199

For more financial information, click here


Official website here: www.midwestecc.com

What is the mission statement of Midwest Electric Cooperative Corporation?

The Midwest Electric Cooperative Corporation is committed to ensuring the delivery of a safe and dependable electric power supply to its cooperative members. This is accomplished in an efficient and cost-effective manner, prioritizing the effective utilization of human, capital, and physical resources. The corporation's mission is centered around maintaining a strong financial position and providing high-quality, reliable electricity that competitively prices for its members.


Official website here: www.midwestecc.com

Who is the CEO of Midwest Electric Cooperative Corporation?

Jayson Bishop is the General Manager of Midwest Electric Cooperative Corporation.


Official website here: www.midwestecc.com

What is the revenue of Midwest Electric Cooperative Corporation?

Midwest Electric Cooperative Corporation's revenue in 2022 was $35,694,791.


Official website here: www.midwestecc.com

Who are the executives of Midwest Electric Cooperative Corporation and what are their salaries?

The average compensation at Midwest Electric Cooperative Corporation during 2022 was $78,884. There are 36 employees at Midwest Electric Cooperative Corporation.

Here are 16 key members and their salaries:

    Jayson Bishop (General Manager)
  • Compensation: $167,207
  • Related: $0
  • Other: $86,629

    • Karl Lake (Engineering Manager)
  • Compensation: $107,897
  • Related: $0
  • Other: $63,440

    • Kraig Wykert (Operations Manager)
  • Compensation: $105,142
  • Related: $0
  • Other: $61,557

    • Tim Johnson (Apparatus Technician)
  • Compensation: $105,682
  • Related: $0
  • Other: $58,249

    • Kyle R Deeds (Construction Foreman)
  • Compensation: $105,207
  • Related: $0
  • Other: $51,228

    • Kelly Mccloskey (Staking Engineer)
  • Compensation: $102,964
  • Related: $0
  • Other: $53,285

    • Riley D Kennedy (Financial Manager)
  • Compensation: $99,095
  • Related: $0
  • Other: $46,596

    • Vance Mccoy (Treasurer) [Trustee/Director]
  • Compensation: $7,475
  • Related: $0
  • Other: $0

    • Dennis Hutt (Director)
  • Compensation: $6,500
  • Related: $0
  • Other: $0

    • Mark Mcconnell (Director)
  • Compensation: $6,175
  • Related: $0
  • Other: $0

    • Gavin Mcclintock (Secretary) [Trustee/Director]
  • Compensation: $5,850
  • Related: $0
  • Other: $0

    • Chris Cornelius (Director)
  • Compensation: $5,200
  • Related: $0
  • Other: $0

    • Nick Hanson (Vice President) [Trustee/Director]
  • Compensation: $4,550
  • Related: $0
  • Other: $0

    • Dale Schroeder (Director)
  • Compensation: $4,225
  • Related: $0
  • Other: $0

    • Shawn Turner (President) [Trustee/Director]
  • Compensation: $4,225
  • Related: $0
  • Other: $0

    • Brad Harms (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0


  • Official website here: www.midwestecc.com

    Where can I find the form 990 for Midwest Electric Cooperative Corporation?

    The Midwest Electric Cooperative Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.midwestecc.com

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

    Mission Statement of Midwest Electric Cooperative Corporation

    Midwest Electric Cooperative Corporation, a dedicated organization, is committed to delivering safe and reliable electric power to its cooperative members and customers in an efficient and cost-effective manner. This mission is carried out with a focus on maintaining a financially sound position, ensuring the cooperative's long-term sustainability. The corporation's team of skilled professionals effectively utilizes human, capital, and physical resources in accordance with cooperative principles, allowing for the provision of a high-quality electricity supply to its members.

    In pursuit of its objectives, Midwest Electric Cooperative Corporation prioritizes safety and reliability in all aspects of its operations. By adhering to rigorous safety protocols and investing in advanced technology, the corporation ensures a consistent, high-performing electricity supply that meets the needs of its members and customers. Additionally, the cooperative strives for operational efficiency, continually seeking ways to optimize resource utilization and reduce costs without compromising the quality of its services.

    The Midwest Electric Cooperative Corporation embodies a commitment to its members and customers. Through its unwavering dedication to providing a reliable and competitively priced electricity supply, the cooperative builds trust and fosters strong relationships within its community. As a responsible corporate citizen, it operates in accordance with cooperative principles, ensuring that the interests of its members and stakeholders are always prioritized.

    Impact

    This information is meant to be a general summary of Midwest Electric Cooperative Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Midwest Electric Cooperative Corporation plays a crucial role in providing a reliable power supply and high-quality service to its cooperative members. By focusing on safety, efficiency, and cost-effectiveness, the corporation ensures that its members have access to electricity that meets their needs. This contributes to the overall well-being and development of the community in Grant, NE, by supporting businesses, industries, and households in their daily operations and activities. The corporation's dedication to maintaining a sound financial position also demonstrates its commitment to sustainability and long-term service provision. Ultimately, Midwest Electric Cooperative Corporation's impact is felt through its essential role in powering and supporting the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $229,740
  • Program Service Revenue: $35,455,238
  • Gross Receipts: $35,750,833

    • Assets and Liabilities:
  • Total Assets: $83,342,155
  • Total Liabilities: $40,744,558
  • Net Assets: $42,597,597
  • Programs

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

    ELECTRIC ENERGY SALES

    Revenue

    $34,948,818

    OTHER OPERATING REVENUE

    Revenue

    $506,420

    Organization Details

    Founding Year

    1939

    Principal Officer

    Jayson Bishop

    Main Address

    104 WASHINGTON AVE, GRANT, NE, 69140

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Midwest Electric Cooperative Corporation 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.