Overview
What is Nebraska Electric Generation & Transmission Cooperative Inc?
Nebraska Electric Generation and Transmission Cooperative Inc, based in Columbus, NE, acts as a wholesale electricity provider for 19 rural public power districts and 1 Electric membership corporation. Their mission is to deliver and supply power to these members, ensuring a reliable electricity source for their communities. The cooperative is focused on meeting the power needs of its members effectively.
Official website here: www.negt.coop
Is Nebraska Electric Generation & Transmission Cooperative Inc legitimate?
Nebraska Electric Generation & Transmission Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nebraska Electric Generation & Transmission 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $302,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,919
For more financial information, click here
What is the mission statement of Nebraska Electric Generation & Transmission Cooperative Inc?
Nebraska Electric Generation & Transmission Cooperative Inc is dedicated to delivering wholesale power to rural public power districts and one Electric membership corporation. The company's primary focus is on supplying and transporting electricity to its member organizations. By ensuring a consistent power supply, Nebraska Electric Generation & Transmission Cooperative plays a crucial role in supporting the energy needs of its member communities. The cooperative's commitment to dependable power delivery contributes to the overall progress and well-being of the regions it serves.
Official website here: www.negt.coop
Who is the CEO of Nebraska Electric Generation & Transmission Cooperative Inc?
Darin Bloomquist is the Vice President of Nebraska Electric Generation & Transmission Cooperative Inc.
Official website here: www.negt.coop
What is the revenue of Nebraska Electric Generation & Transmission Cooperative Inc?
Nebraska Electric Generation & Transmission Cooperative Inc's revenue in 2022 was $248,434,126.
Official website here: www.negt.coop
Who are the executives of Nebraska Electric Generation & Transmission Cooperative Inc and what are their salaries?
The average compensation at Nebraska Electric Generation & Transmission Cooperative Inc during 2022 was $125,976. There are 3 employees at Nebraska Electric Generation & Transmission Cooperative Inc.
Here are 22 key members and their salaries:
- Darin Bloomquist (General Manager)
- Danny Muhlbach (Vice President) [Trustee/Director]
- Keith Baker (President) [Trustee/Director]
- David Hamburger (Director)
- Rodney Zohner (Director)
- John Schmid (Secretary/Treasurer) [Trustee/Director]
- Gordon Fulton (Director)
- Vernon Kuhnel (Director)
- Gerald Bohling (Director)
- Orie Friesen (Director)
- Milan Siefken (Director)
- James Scherer (Director)
- Leroy Mostek (Director)
- Dennis Reiners (Director)
- Kenneth Ham (Director)
- Dennis Sperling (Director)
- Brent Ballou (Director)
- Richard Erwin (Director)
- Brad Bartak (Director)
- Larry White (Director)
- Ed Lammers (Director (Alternate))
- Matt Fritz (Director)
Official website here: www.negt.coop
Where can I find the form 990 for Nebraska Electric Generation & Transmission Cooperative Inc?
The Nebraska Electric Generation & Transmission Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.negt.coop
Learn more at the official website: www.negt.coop
Mission Statement of Nebraska Electric Generation & Transmission Cooperative Inc
Nebraska Electric Generation & Transmission Cooperative Inc, a significant entity in the power sector, is dedicated to supplying and delivering wholesale electricity to 19 rural public power districts and 1 Electric membership corporation. This cooperative, located in Columbus, Nebraska, plays a crucial role in ensuring a steady power supply for its members.
The mission of Nebraska Electric Generation & Transmission Cooperative Inc can be described as a commitment to providing wholesale electricity to rural power districts and an Electric membership corporation. By doing so, it ensures that its members have access to reliable and efficient power sources. The cooperative's primary focus is on the wholesale aspect of power generation and delivery, making it an essential partner for the rural power districts and the Electric membership corporation it serves.
In essence, Nebraska Electric Generation & Transmission Cooperative Inc acts as a power intermediary, procuring electricity in large quantities and distributing it to its member organizations. This approach allows the rural power districts and the Electric membership corporation to focus on retail electricity sales and distribution to their respective communities, while the cooperative handles the bulk power procurement and delivery logistics. This division of labor enables a more streamlined and efficient power infrastructure, benefiting the end consumers by ensuring a stable and dependable power supply.
Impact
This information is meant to be a general summary of Nebraska Electric Generation & Transmission Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Nebraska Electric Generation & Transmission Cooperative Inc's impact lies in ensuring reliable and affordable wholesale power supply and delivery to 19 rural public power districts and 1 Electric membership corporation. By fulfilling this crucial role, the cooperative enables these entities to meet the electricity needs of their communities efficiently. This, in turn, contributes to the sustainable development and economic prosperity of the regions served.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales
Revenue
$247,751,909
Member Assessments
Revenue
$651,922
Organization Details
Founding Year
1956
Phone
(402) 564-8142
Principal Officer
Darin Bloomquist
Main Address
2472 18th Ave, Columbus, NE, 68601
Website
www.negt.coop
NTEE Category
Code: W80 - Public benefit
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