East Kentucky Power Cooperative Inc

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

EIN: 610461919 ✦ Winchester, KY ✦ Designated as a 501(c)(12)

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Overview

What is East Kentucky Power Cooperative Inc?

East Kentucky Power Cooperative Inc is a nonprofit organization headquartered in Winchester, Kentucky. Their primary focus is to ensure the delivery of safe, dependable, and eco-friendly energy and related services to their member-owned cooperatives. With a workforce of 814 employees, they strive to provide affordable and sustainable energy solutions, contributing to the well-being of their cooperatives and the communities they serve.


Official website here: www.ekpc.coop

Is East Kentucky Power Cooperative Inc legitimate?

East Kentucky Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. East Kentucky 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: $5,553,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,044,681

For more financial information, click here


Official website here: www.ekpc.coop

What is the mission statement of East Kentucky Power Cooperative Inc?

East Kentucky Power Cooperative is dedicated to meeting the energy needs of its member-owned cooperatives by ensuring the delivery of safe, dependable, and affordable energy and related services. The cooperative's primary goal is to provide sustainable energy solutions for its cooperative members. Through its operations, East Kentucky Power Cooperative strives to maintain a strong commitment to safety and reliability, ensuring that energy is delivered efficiently and effectively to its member cooperatives. The cooperative's mission is to be an essential partner in the development and growth of the communities it serves, providing essential energy services and contributing to the overall well-being of its member cooperatives and their members.


Official website here: www.ekpc.coop

Who is the CEO of East Kentucky Power Cooperative Inc?

Anthony Campbell is the Principal Officer of East Kentucky Power Cooperative Inc. The CEO's salary of East Kentucky Power Cooperative Inc is $1,530,546 and their total compensation is $1,657,670.


Official website here: www.ekpc.coop

What is the revenue of East Kentucky Power Cooperative Inc?

East Kentucky Power Cooperative Inc's revenue in 2022 was $1,267,806,504.


Official website here: www.ekpc.coop

Who are the executives of East Kentucky Power Cooperative Inc and what are their salaries?

The average compensation at East Kentucky Power Cooperative Inc during 2022 was $94,101. There are 814 employees at East Kentucky Power Cooperative Inc.


Here are 30 key members and their salaries (East Kentucky Power Cooperative Inc's CEO's salary is $1,530,546 and their total compensation is $1,657,670):


Anthony S Campbell (President & Ceo (See Schedule J, Part Iii))
  • Compensation: $1,530,546
  • Related: $0
  • Other: $127,124
Don M Mosier (Evp, Chief Operating Officer)
  • Compensation: $769,566
  • Related: $0
  • Other: $50,111
David A Smart (General Counsel, Retired May 2022)
  • Compensation: $668,576
  • Related: $0
  • Other: $15,877
Craig A Johnson (Sr. Vp, Power Production)
  • Compensation: $339,356
  • Related: $0
  • Other: $230,018
Denver York (Sr. Vp, Power Delivery & System Operations)
  • Compensation: $298,490
  • Related: $0
  • Other: $180,957
Mary Jane Warner (Sr. Vp, Engineering & Construction)
  • Compensation: $297,995
  • Related: $0
  • Other: $176,948
Ann F Bridges (Executive Vp, Cfo, Retired December 2022)
  • Compensation: $437,395
  • Related: $0
  • Other: $23,232
David M Crews (Sr. Vp, Power Supply)
  • Compensation: $407,057
  • Related: $0
  • Other: $46,829
Jerry B Purvis (Vp, Environmental Affairs)
  • Compensation: $237,341
  • Related: $0
  • Other: $167,413
Thomas J Stachnik (Vp, Finance & Treasurer)
  • Compensation: $273,569
  • Related: $0
  • Other: $86,026
Denise Foster Cronin (Vp, Federal & Rto Regulatory Affairs)
  • Compensation: $261,292
  • Related: $0
  • Other: $70,051
Roger R Cowden (Deputy General Counsel)
  • Compensation: $269,408
  • Related: $0
  • Other: $42,710
Joseph T Vonderhaar (Plant Manager-Spurlock)
  • Compensation: $244,834
  • Related: $0
  • Other: $46,789
Charles A Ahrman (Chairman)
  • Compensation: $24,300
  • Related: $0
  • Other: $24,100
Randy D Sexton (Secretary)
  • Compensation: $37,800
  • Related: $0
  • Other: $0
Jody E Hughes (Vice Chairman)
  • Compensation: $36,900
  • Related: $0
  • Other: $0
R Wayne Stratton (Director)
  • Compensation: $27,150
  • Related: $0
  • Other: $8,950
Boris W Haynes (Director)
  • Compensation: $35,800
  • Related: $0
  • Other: $0
Oliver L Cornett Jr (Treasurer, Term Ended June 2022)
  • Compensation: $35,700
  • Related: $0
  • Other: $0
Gregory H Corbin (Treasurer, Effective June 2022)
  • Compensation: $32,900
  • Related: $0
  • Other: $0
Joseph H Spalding (Director)
  • Compensation: $31,600
  • Related: $0
  • Other: $0
William P Shearer (Director)
  • Compensation: $31,000
  • Related: $0
  • Other: $0
Timothy S Eldridge (Director)
  • Compensation: $30,600
  • Related: $0
  • Other: $0
Danny Wallen (Director)
  • Compensation: $28,400
  • Related: $0
  • Other: $0
Raymond E Thomas (Director)
  • Compensation: $28,350
  • Related: $0
  • Other: $0
Harold L Dupuy (Director)
  • Compensation: $26,800
  • Related: $0
  • Other: $0
Elbert Hampton (Director)
  • Compensation: $25,200
  • Related: $0
  • Other: $0
Ted E Holbrook (Director)
  • Compensation: $24,800
  • Related: $0
  • Other: $0
Darrell Tingle (Director, Effective June 2022)
  • Compensation: $13,600
  • Related: $0
  • Other: $0
Jimmy Longmire (Director, Term Ended June 2022)
  • Compensation: $12,800
  • Related: $0
  • Other: $0


Official website here: www.ekpc.coop

Where can I find the form 990 for East Kentucky Power Cooperative Inc?

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


Official website here: www.ekpc.coop

Learn more at the official website: www.ekpc.coop

Mission Statement of East Kentucky Power Cooperative Inc

East Kentucky Power Cooperative, a mission-driven organization, is dedicated to serving its member-owned cooperatives by ensuring the delivery of safe, dependable, and eco-friendly energy and related services. By prioritizing the needs of its cooperative members, the cooperative goes beyond just providing energy, working tirelessly to make it accessible, affordable, and sustainable for all.

The cooperative's primary focus is on maintaining a strong commitment to safety and reliability. By investing in advanced technologies and implementing rigorous maintenance practices, East Kentucky Power Cooperative ensures that energy is delivered efficiently and consistently. This not only benefits its members but also contributes to the overall well-being of the communities it serves.

Moreover, the cooperative is committed to sustainability, recognizing the importance of minimizing its environmental footprint. Through the adoption of renewable energy sources and the implementation of energy-efficient practices, East Kentucky Power Cooperative positions itself as a leader in the energy sector, driving innovation and progress while prioritizing the needs of its cooperative members.

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Impact




October, 2024

East Kentucky Power Cooperative Inc plays a crucial role in providing reliable, affordable, and sustainable energy to its member-owned cooperatives. By ensuring the safe delivery of electricity and related services, the organization not only meets the energy needs of its members but also supports economic growth and community development in the region. Located in Winchester, KY, the cooperative's mission focuses on enhancing the quality of life for residents served by its members. Through its commitment to sustainable practices and community engagement, East Kentucky Power Cooperative contributes significantly to the overall well-being and long-term resilience of the communities it serves.




This information is meant to be a general summary of East Kentucky 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
$1,267,806,504 (2022)
Expenses
$1,231,926,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,908,707
  • Program Service Revenue: $1,263,336,554
  • Gross Receipts: $1,267,943,409

Assets and Liabilities:

  • Total Assets: $3,752,442,908
  • Total Liabilities: $2,965,497,017
  • Net Assets: $786,945,891

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Programs

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

Sales of Electricity - Member Cooperatives

Revenue

$1,141,956,239

Sales of Electricity - Other Utilities

Revenue

$99,008,328

Steam Sales - Member Cooperatives

Revenue

$15,009,803

Transmission Service Revenue

Revenue

$3,301,357

Other Power Sales Arrangements

Revenue

$535,636

Organization Details

Founding Year

1941

Principal Officer

Anthony Campbell

Main Address

PO Box 707, Winchester, KY, 403920707

NTEE Category

Code: W80 - Public benefit

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