Midwest Electric Cooperative Corporation

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

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

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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

What are the reviews and ratings of this charity?

The Midwest Electric Cooperative Corporation is not currently rated on Charity Navigator. The lack of a rating indicates that the organization has not met the necessary criteria for evaluation rather than implying a positive or negative performance. Ratings usually require beacon scores, specifically in areas like Accountability & Finance and Impact & Measurement, which this organization has not provided.

Charity Navigator primarily assesses nonprofits registered as 501(c)(3) organizations, which are eligible for tax exemptions and tax-deductible contributions. However, Midwest Electric Cooperative Corporation is not classified under 501(c)(3) and thus is not evaluated in terms of Leadership & Adaptability, Culture & Community, or Impact & Measurement by Charity Navigator.

Additionally, there is no available data on the organization's revenue, expenses, or the salaries of key individuals, making it challenging to assess its financial health. The organization is noted as being an independent entity but lacks comprehensive evaluation information due to its foundation code and classification status. There are no user reviews on GreatNonprofits to further inform or balance this overview.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Midwest Electric Cooperative Corporation?

At this point, Midwest Electric Cooperative Corporation has received limited reviews on Facebook, with only two currently available. Both reviewers express a positive sentiment, highlighting the dedication and hard work of the personnel involved with the organization.

As the cooperative has not yet garnered a substantial number of ratings, it is still early to draw broader conclusions. However, the existing reviews suggest that the staff is committed to providing quality service to their members.

Overall, there is optimism about the efforts of the team at Midwest Electric Cooperative, pointing to a promising foundation for future feedback as more community members share their experiences.


This AI summary has been generated from reviews found on Facebook.

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 tax deductible.


Heare 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)
  • 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)
  • Compensation: $5,850
  • Related: $0
  • Other: $0
Chris Cornelius (Director)
  • Compensation: $5,200
  • Related: $0
  • Other: $0
Nick Hanson (Vice President)
  • Compensation: $4,550
  • Related: $0
  • Other: $0
Dale Schroeder (Director)
  • Compensation: $4,225
  • Related: $0
  • Other: $0
Shawn Turner (President)
  • 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?

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.

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Impact




October, 2024

Midwest Electric Cooperative Corporation significantly impacts its community by providing reliable and high-quality electricity to its members and customers. Based in Grant, Nebraska, the cooperative is committed to maintaining a sound financial position while delivering competitively priced power. Its dedication to safety and efficiency ensures that members receive dependable service that meets their energy needs.

By effectively utilizing human, capital, and physical resources, the cooperative adheres to cooperative principles, emphasizing community engagement and customer satisfaction. This focus fosters a sense of trust and collaboration, benefiting not just the cooperative members but the wider community as well. Midwest Electric Cooperative Corporation plays a crucial role in enhancing the quality of life for its members by ensuring access to essential energy services in an efficient and cost-effective manner.




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.


Financials

This financial information is from Propublica.

Revenue
$35,694,791 (2022)
Expenses
$37,039,098 (2022)
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

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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

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