Kansas Electric Power Cooperative Inc

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

EIN: 480836984 ✦ Topeka, KS ✦ Designated as a 501(c)(12)

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Overview

What is Kansas Electric Power Cooperative Inc?

Based in Topeka, Kansas, the Kansas Electric Power Cooperative Inc is a nonprofit organization that plays a crucial role in providing electricity to sixteen member/owner rural electric cooperatives. With a mission to ensure an adequate and reliable power supply, the cooperative prioritizes reasonable costs for its distribution cooperatives and their members. In essence, the organization acts as a power procurement entity, working diligently to secure a steady and affordable energy source for its cooperative members. The Kansas Electric Power Cooperative Inc employs a team of 32 individuals to accomplish this essential task.


Official website here: www.kepco.org

What are the reviews and ratings of this charity?

Kansas Electric Power Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating is due to the organization's status as a non-501(c)(3) nonprofit, which limits its evaluation under the typical beacons used by Charity Navigator, such as Accountability & Finance or Impact & Measurement. This does not imply a negative assessment but rather a limitation in the rating process.

While historical Charity Navigator ratings primarily reflected an organization's Accountability and Finance, Kansas Electric Power Cooperative has no revenue or expense data available due to a lack of electronically filed Form 990 within the required timeframe. This restricts a comprehensive financial assessment but doesn’t indicate performance issues.

No user reviews for Kansas Electric Power Cooperative Inc are available from GreatNonprofits, leaving a gap in community and stakeholder feedback. Without this input, public perception and experience with the organization remain undocumented in this context.


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

Is Kansas Electric Power Cooperative Inc legitimate?

Kansas Electric Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kansas Electric Power 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $640,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,589,379

For more financial information, click here


Official website here: www.kepco.org

What is the mission statement of Kansas Electric Power Cooperative Inc?

Kansas Electric Power Cooperative Inc is dedicated to ensuring a sufficient and dependable power supply for the 16 rural electric cooperative member-owners it serves. Its primary mission is to procure electricity and make it available to these cooperatives at affordable costs. By doing so, the cooperative aims to provide the essential energy needs for the communities it supports. The organization's commitment to its members includes continuously working to secure reliable power sources and negotiating reasonable costs. In summary, Kansas Electric Power Cooperative Inc focuses on providing a steady and cost-effective power supply to its 16 rural electric cooperative member-owners.


Official website here: www.kepco.org

Who is the CEO of Kansas Electric Power Cooperative Inc?

Suzanne Lane is the President of Kansas Electric Power Cooperative Inc. The CEO's salary of Kansas Electric Power Cooperative Inc is $424,965 and their total compensation is $556,066.


Official website here: www.kepco.org

What is the revenue of Kansas Electric Power Cooperative Inc?

Kansas Electric Power Cooperative Inc's revenue in 2022 was $165,593,549.


Official website here: www.kepco.org

Who are the executives of Kansas Electric Power Cooperative Inc and what are their salaries?

The average compensation at Kansas Electric Power Cooperative Inc during 2022 was $100,922. There are 32 employees and 25 volunteers at Kansas Electric Power Cooperative Inc.


Here are 22 key members and their salaries (Kansas Electric Power Cooperative Inc's CEO's salary is $424,965 and their total compensation is $556,066):


Douglas Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Morton (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan W Coover (Treasurer)
  • Compensation: $11,646
  • Related: $0
  • Other: $0
Larry Froese (Secretary)
  • Compensation: $10,668
  • Related: $0
  • Other: $0
Kevin Brownlee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Compton (Trustee)
  • Compensation: $11,044
  • Related: $0
  • Other: $0
Chuck Goeckel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Hedberg (Trustee)
  • Compensation: $9,538
  • Related: $0
  • Other: $0
Dan Hubert (Trustee)
  • Compensation: $9,538
  • Related: $0
  • Other: $0
Lori Jones (Trustee)
  • Compensation: $10,542
  • Related: $0
  • Other: $0
Donald Metzen (Trustee)
  • Compensation: $11,546
  • Related: $0
  • Other: $0
Chris Parr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Scheibe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Schon (Trustee)
  • Compensation: $9,538
  • Related: $0
  • Other: $0
Dennis Svanes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Lane (Exec Vp & Ceo)
  • Compensation: $424,965
  • Related: $0
  • Other: $131,101
Mark Doljac (Exec Dir, Regulatory Affai)
  • Compensation: $154,020
  • Related: $0
  • Other: $82,482
Susan Cunningham (Sr Vp, Reg & Gov'T Affairs)
  • Compensation: $212,530
  • Related: $0
  • Other: $93,270
Mark Barbee (Sr Vp & Coo)
  • Compensation: $228,666
  • Related: $0
  • Other: $184,745
Richard Johnson (Exec Dir, Engineering)
  • Compensation: $161,464
  • Related: $0
  • Other: $76,027
Coleen Wells (Sr Vp & Cfo)
  • Compensation: $251,135
  • Related: $0
  • Other: $168,940


Official website here: www.kepco.org

Where can I find the form 990 for Kansas Electric Power Cooperative Inc?

Kansas Electric Power Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kepco.org

Learn more at the official website: www.kepco.org

Mission Statement of Kansas Electric Power Cooperative Inc

Kansas Electric Power Cooperative Inc, a crucial organization, is dedicated to procuring an adequate and reliable power supply for the 16 distribution rural electric cooperative member-owners it serves. The cooperative's mission is to ensure a steady and reasonable cost electricity for these member-owners, making it an indispensable partner in their communities.

By taking on the responsibility to secure a consistent and affordable power source, Kansas Electric Power Cooperative Inc plays a vital role in the daily lives of the member-owners it represents. Its commitment is not just about flipping on the lights, but also about providing the stability and predictability needed for rural families and businesses to thrive.

In fulfilling this mission, Kansas Electric Power Cooperative Inc continually seeks out and negotiates power contracts with various suppliers. Its efforts ensure that the 16 distribution cooperatives in its network have access to the electricity they need to power their communities. The organization's dedication to this pursuit enables the rural electric cooperatives to focus on their own missions within their respective areas, providing essential services to their members without the added burden of securing a stable power supply.

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Impact




October, 2024

Kansas Electric Power Cooperative Inc plays a critical role in ensuring that electricity is accessible, reliable, and affordable for its 16 member distribution rural electric cooperatives. By procuring an adequate power supply, the cooperative not only meets the energy needs of rural communities but also fosters economic growth and stability in the region. This organization stands as a vital conduit for energy generation, enabling local cooperatives to provide consistent and safe electricity to their customers. The cooperative's commitment to reasonable costs further enhances the quality of life for these communities, making energy more affordable for homes and businesses alike. Their efforts in maintaining a reliable power supply contribute significantly to the public benefit, helping to empower rural areas in Kansas.




This information is meant to be a general summary of Kansas Electric Power Cooperative 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
$165,593,549 (2022)
Expenses
$164,193,277 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $905,466
  • Program Service Revenue: $164,372,171
  • Gross Receipts: $165,593,549

Assets and Liabilities:

  • Total Assets: $309,864,388
  • Total Liabilities: $222,438,956
  • Net Assets: $87,425,432

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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

$164,372,171

Organization Details

Founding Year

1975

Principal Officer

Suzanne Lane

Main Address

600 SW CORPORATE VIEW, TOPEKA, KS, 66615

NTEE Category

Code: W80 - Public benefit

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