Brown-Atchison Electric Cooperative Assn Inc

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

EIN: 480150563 ✦ Horton, KS ✦ Designated as a 501(c)(12)

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Overview

What is Brown-Atchison Electric Cooperative Assn Inc?

Brown-Atchison Electric Cooperative Assn Inc, located in Horton, Kansas, is a nonprofit organization with a mission to provide affordable electrical service to rural areas. With a workforce of 15 individuals, the cooperative dedicates its efforts to distributing electricity in these regions at a cost-effective price. The organization's primary activity involves delivering electricity to rural areas, ensuring that these communities have access to essential energy resources.


Official website here: www.baelectric.com

Is Brown-Atchison Electric Cooperative Assn Inc legitimate?

Brown-Atchison Electric Cooperative Assn Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Brown-Atchison Electric Cooperative Assn 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: $320,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,003

For more financial information, click here


Official website here: www.baelectric.com

What is the mission statement of Brown-Atchison Electric Cooperative Assn Inc?

Brown-Atchison Electric Cooperative Assn Inc's mission is centered around providing electric distribution service to rural areas. Their primary objective is to offer this service at an affordable cost to the community they serve. The cooperative aims to ensure that rural areas have reliable access to electricity, thereby enhancing living conditions and facilitating development in these areas. They are committed to making electricity an affordable necessity for rural communities, rather than a luxury. The cooperative's operations are driven by the belief that every community deserves equal access to essential services, regardless of its location.


Official website here: www.baelectric.com

Who is the CEO of Brown-Atchison Electric Cooperative Assn Inc?

Kevin Gigstad is the President, Trustee of Brown-Atchison Electric Cooperative Assn Inc.


Official website here: www.baelectric.com

What is the revenue of Brown-Atchison Electric Cooperative Assn Inc?

Brown-Atchison Electric Cooperative Assn Inc's revenue in 2022 was $7,898,186.


Official website here: www.baelectric.com

Who are the executives of Brown-Atchison Electric Cooperative Assn Inc and what are their salaries?

The average compensation at Brown-Atchison Electric Cooperative Assn Inc during 2022 was $44,071. There are 15 employees at Brown-Atchison Electric Cooperative Assn Inc.


Here are 12 key members and their salaries:


Michael Volker (General Manager)
  • Compensation: $158,717
  • Related: $0
  • Other: $75,815
James A Currie (General Manager)
  • Compensation: $41,810
  • Related: $0
  • Other: $6,609
Kevin Gigstad (President, Trustee)
  • Compensation: $5,495
  • Related: $0
  • Other: $2,519
Brent Nelson (Trustee)
  • Compensation: $3,867
  • Related: $0
  • Other: $1,217
Kevin Compton (Vice President)
  • Compensation: $3,492
  • Related: $0
  • Other: $827
Gregory Tanking (Trustee)
  • Compensation: $3,060
  • Related: $0
  • Other: $1,128
Dean C Miller (Trustee)
  • Compensation: $3,200
  • Related: $0
  • Other: $987
Daryl Sales (Trustee)
  • Compensation: $2,977
  • Related: $0
  • Other: $842
K Joe Taliaferro (Trustee)
  • Compensation: $2,532
  • Related: $0
  • Other: $267
David B Hinton (Secretary, Trustee)
  • Compensation: $1,947
  • Related: $0
  • Other: $301
Sharan Kerl (Trustee)
  • Compensation: $1,753
  • Related: $0
  • Other: $253
Harrison Idol (Treasurer, Trustee)
  • Compensation: $389
  • Related: $0
  • Other: $53


Official website here: www.baelectric.com

Where can I find the form 990 for Brown-Atchison Electric Cooperative Assn Inc?

Brown-Atchison Electric Cooperative Assn Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.baelectric.com

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

Mission Statement of Brown-Atchison Electric Cooperative Assn Inc

Brown-Atchison Electric Cooperative Assn Inc is committed to providing electrical distribution service to rural areas at an affordable cost. This nonprofit organization's mission is to ensure that residents in rural areas have access to electricity, a basic necessity that is often overlooked in less urbanized regions. By offering electrical service at cost, Brown-Atchison Electric Cooperative Assn Inc aims to make energy affordable and accessible to all, promoting economic development and improving the quality of life in these communities. The cooperative's mission is a testament to its dedication to serving the needs of rural areas, ensuring that they are not left behind in the modern world's reliance on electricity.

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Impact




October, 2024

Brown-Atchison Electric Cooperative Assn Inc plays a crucial role in enhancing the quality of life for residents in rural areas by providing reliable electrical service. Its commitment to offering electricity at cost ensures affordability and accessibility, which is vital for the economic development of these communities. By supplying energy to underserved regions, the cooperative fosters growth, supports local businesses, and enhances everyday living standards.

The cooperative's operations in Horton, KS, focus on ensuring that electricity is not just a luxury but a basic necessity available to all. This has significant implications for education, healthcare, and overall community resilience, allowing residents to benefit from modern conveniences and technologies that rely on electricity. Brown-Atchison Electric Cooperative Assn Inc stands as a key player in empowering rural communities, ultimately promoting public benefit and regional sustainability.




This information is meant to be a general summary of Brown-Atchison Electric Cooperative Assn 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.

Revenue
$7,898,186 (2022)
Expenses
$7,898,186 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75,492
  • Program Service Revenue: $7,747,303
  • Gross Receipts: $7,907,886

Assets and Liabilities:

  • Total Assets: $23,367,688
  • Total Liabilities: $10,423,483
  • Net Assets: $12,944,205

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Programs

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

SALE OF ELECTRICITY

Revenue

$7,726,370

OTHER ELECTRIC REVENUE

Revenue

$20,933

Organization Details

Founding Year

1937

Principal Officer

Kevin Gigstad

Main Address

PO Box 230, Horton, KS, 66439

NTEE Category

Code: W80 - Public benefit

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