The Nemaha-Marshall Electric Cooperative Assn Inc

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

EIN: 480350145 ✦ Axtell, KS ✦ Designated as a 501(c)(12)

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Overview

What is The Nemaha-Marshall Electric Cooperative Assn Inc?

The Nemaha-Marshall Electric Cooperative Assn Inc, based in Axtell, Kansas, is a nonprofit organization dedicated to serving rural electric cooperative members. With a mission to enhance the lives of its member-owners, the cooperative holds an annual meeting to keep consumers informed about its activities and elect trustees. Its operations revolve around providing safe and reliable energy products and services. The cooperative, with a team of 18 dedicated employees, ensures a quality of life for those it serves.


Official website here: www.nemaha-marshall.coop

Is The Nemaha-Marshall Electric Cooperative Assn Inc legitimate?

The Nemaha-Marshall Electric Cooperative Assn Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Nemaha-Marshall 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: $181,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $479,393

For more financial information, click here


Official website here: www.nemaha-marshall.coop

What is the mission statement of The Nemaha-Marshall Electric Cooperative Assn Inc?

The Nemaha-Marshall Electric Cooperative Assn Inc's mission is to serve as a proactive provider of safe and reliable energy products and services. Their primary goal is to enhance the lives of their member-owners and contribute positively to the quality of life of those they serve. This is achieved through their dynamic approach, ensuring they remain at the forefront of the energy sector. During their annual meeting, they briefed their consumers on the year's activities and conducted elections for trustees.


Official website here: www.nemaha-marshall.coop

Who is the CEO of The Nemaha-Marshall Electric Cooperative Assn Inc?

David J Koch is the President of The Nemaha-Marshall Electric Cooperative Assn Inc.


Official website here: www.nemaha-marshall.coop

What is the revenue of The Nemaha-Marshall Electric Cooperative Assn Inc?

The Nemaha-Marshall Electric Cooperative Assn Inc's revenue in 2022 was $7,748,060.


Official website here: www.nemaha-marshall.coop

Who are the executives of The Nemaha-Marshall Electric Cooperative Assn Inc and what are their salaries?

The average compensation at The Nemaha-Marshall Electric Cooperative Assn Inc during 2022 was $36,737. There are 18 employees at The Nemaha-Marshall Electric Cooperative Assn Inc.


Here are 10 key members and their salaries:


David J Koch (President)
  • Compensation: $3,920
  • Related: $0
  • Other: $0
David J Ronnebaum (Vice President)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
James G Borgerding (Treasurer)
  • Compensation: $3,360
  • Related: $0
  • Other: $0
Robert L Voet (Secretary)
  • Compensation: $3,640
  • Related: $0
  • Other: $0
Dean D Becker (Trustee)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Melvin D Kruse (Trustee)
  • Compensation: $3,920
  • Related: $0
  • Other: $0
Thomas L Niehues (Trustee)
  • Compensation: $3,920
  • Related: $0
  • Other: $0
Robert G Rottinghaus (Trustee)
  • Compensation: $3,920
  • Related: $0
  • Other: $0
James J Caffrey (Trustee)
  • Compensation: $3,080
  • Related: $0
  • Other: $0
Kathleen M O'Brien (General Manager)
  • Compensation: $147,719
  • Related: $0
  • Other: $37,971


Official website here: www.nemaha-marshall.coop

Where can I find the form 990 for The Nemaha-Marshall Electric Cooperative Assn Inc?

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


Official website here: www.nemaha-marshall.coop

Learn more at the official website: www.nemaha-marshall.coop

Mission Statement of The Nemaha-Marshall Electric Cooperative Assn Inc

The Nemaha-Marshall Electric Cooperative Assn Inc, as a dynamic regional entity, is dedicated to providing safe and reliable energy products and services. Their mission is geared towards enhancing the lives of their member-owners and ensuring a quality of life for those they serve. In essence, the cooperative aims to be more than just an electricity provider; it seeks to contribute positively to the well-being of its members and the communities they serve. This mission is reflected in their activities and services, which are designed to meet the energy needs of rural cooperative members in an efficient and responsible manner.

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Impact




October, 2024

The Nemaha-Marshall Electric Cooperative Assn Inc significantly enhances the quality of life for its rural cooperative members by providing safe and reliable electricity. Their commitment to serving the local community is evident through their annual meetings, where they engage with members to discuss the year's activities and address organizational governance through trustee elections. In 2022, for instance, they informed 2,449 members, with a quorum present to ensure democratic participation in decision-making.

Their mission focuses on being a dynamic regional provider of energy products and services, aiming to improve the lives of member-owners. By ensuring consistent access to electricity, they play a crucial role in fostering economic stability and enhancing the well-being of the communities they serve in Axtell, Kansas. The cooperative’s initiatives contribute to the overall public benefit, demonstrating its dedication to creating a positive impact in the region.




This information is meant to be a general summary of The Nemaha-Marshall 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
$7,748,060 (2022)
Expenses
$7,000,598 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37,530
  • Program Service Revenue: $7,692,710
  • Gross Receipts: $7,823,837

Assets and Liabilities:

  • Total Assets: $13,399,561
  • Total Liabilities: $4,766,595
  • Net Assets: $8,632,966

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Programs

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

SalesElectricity

Revenue

$7,592,163

RevenueMember

Revenue

$2,485

Other Capital Credit

Revenue

$18,517

Joint Use Pole Rental

Revenue

$976

RevenueNon Member

Revenue

$78,569

Organization Details

Founding Year

1938

Principal Officer

David J Koch

Main Address

PO Box O Letter O not ZERO, Axtell, KS, 66403

NTEE Category

Code: W80 - Public benefit

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