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: $6,039,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,516,827

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 S Campbell is the CEO of East Kentucky Power Cooperative Inc The CEO's salary of East Kentucky Power Cooperative Inc is $1,559,523 and their total compensation is $1,669,206.


Official website here: www.ekpc.coop

What is the revenue of East Kentucky Power Cooperative Inc?

East Kentucky Power Cooperative Inc's revenue in 2023 was $1,127,394,084.


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 2023 was $95,333. There are 845 employees at East Kentucky Power Cooperative Inc.

Here are 35 key members and their salaries (East Kentucky Power Cooperative Inc's CEO's salary is $1,559,523 and their total compensation is $1,669,206):


Anthony S Campbell (President And Ceo)
  • Compensation: $1,559,523
  • Related: $0
  • Other: $109,683
Don M Mosier (Evp, Chief Operating Officer)
  • Compensation: $818,220
  • Related: $0
  • Other: $51,502
Craig A Johnson (Sr. Vp, Power Production)
  • Compensation: $352,341
  • Related: $0
  • Other: $250,985
Michael A Mcnalley (Former Officer (Cfo, Retired 1/2021))
  • Compensation: $490,903
  • Related: $0
  • Other: $0
David M Crews (Sr. Vp, Power Supply)
  • Compensation: $435,047
  • Related: $0
  • Other: $50,833
Denver York (Sr. Vp, Power Delivery & System Operations)
  • Compensation: $311,297
  • Related: $0
  • Other: $146,959
David S Samford (General Counsel)
  • Compensation: $400,574
  • Related: $0
  • Other: $46,441
Thomas J Stachnik (Vp, Finance & Treasurer)
  • Compensation: $294,582
  • Related: $0
  • Other: $90,937
Jerry B Purvis (Vp, Environmental Affairs)
  • Compensation: $251,205
  • Related: $0
  • Other: $128,755
Denise Foster Cronin (Vp, Federal & Rto Regulatory Affairs)
  • Compensation: $283,099
  • Related: $0
  • Other: $74,922
Clifton E Scott (Evp, Chief Financial Officer)
  • Compensation: $323,651
  • Related: $0
  • Other: $32,860
Ann F Bridges (Former Officer (Cfo, Separated 12/2022))
  • Compensation: $333,895
  • Related: $0
  • Other: $0
Roger R Cowden (Sr. Corporate Counsel)
  • Compensation: $276,788
  • Related: $0
  • Other: $45,411
Bradford A Young (Vp, Engineering & Construction)
  • Compensation: $261,088
  • Related: $0
  • Other: $50,093
Joseph T Vonderhaar (Plant Manager-Spurlock)
  • Compensation: $256,476
  • Related: $0
  • Other: $36,652
David A Smart (Former Key Emp (General Counsel, Retired 5/2022))
  • Compensation: $189,347
  • Related: $0
  • Other: $0
Charles A Ahrman (Chairman)
  • Compensation: $26,500
  • Related: $0
  • Other: $26,500
Jody E Hughes (Vice Chairman)
  • Compensation: $39,600
  • Related: $0
  • Other: $0
Randy D Sexton (Secretary)
  • Compensation: $38,200
  • Related: $0
  • Other: $0
Gregory H Corbin (Treasurer)
  • Compensation: $37,000
  • Related: $0
  • Other: $0
R Wayne Stratton (Director)
  • Compensation: $27,450
  • Related: $0
  • Other: $9,250
Oliver L Cornett Jr (Director)
  • Compensation: $36,100
  • Related: $0
  • Other: $0
Boris W Haynes (Director)
  • Compensation: $33,400
  • Related: $0
  • Other: $0
Timothy S Eldridge (Director)
  • Compensation: $31,400
  • Related: $0
  • Other: $0
Joseph H Spalding (Director)
  • Compensation: $30,800
  • Related: $0
  • Other: $0
Harold L Dupuy (Director)
  • Compensation: $28,000
  • Related: $0
  • Other: $0
Raymond E Thomas (Director)
  • Compensation: $27,950
  • Related: $0
  • Other: $0
Danny L Wallen (Director)
  • Compensation: $27,200
  • Related: $0
  • Other: $0
Elbert Hampton (Director)
  • Compensation: $25,200
  • Related: $0
  • Other: $0
William P Shearer (Director, Term Ended June 2023)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Darrell Tingle (Director, Term Ended June 2023)
  • Compensation: $14,800
  • Related: $0
  • Other: $0
Steven D Hale (Director, Effective June 2023)
  • Compensation: $13,600
  • Related: $0
  • Other: $0
Kevin Howard (Director, Effective June 2023)
  • Compensation: $13,600
  • Related: $0
  • Other: $0
Ted A Holbrook (Director, Term Ended June 2023)
  • Compensation: $13,600
  • Related: $0
  • Other: $0
William G Maddox (Director, Effective June 2023)
  • Compensation: $13,200
  • 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 2023 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
$1,127,394,084 (2023)
2011201220132014201520162017201820192020202120222023$0$350M$700M$1.05B$1.4B
Expenses
$1,109,538,413 (2023)
2011201220132014201520162017201820192020202120222023$0$350M$700M$1.05B$1.4B
Efficiency
20112012201320142015201620172018201920202021202220230%2%4%6%9%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,034,623
  • Program Service Revenue: $1,110,571,328
  • Gross Receipts: $1,127,407,898

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

$1,038,106,591

Sales of Electricity-Other Utilities

Revenue

$49,049,722

Steam Sales-Member Cooperatives

Revenue

$13,853,350

Transmission Service Revenue

Revenue

$4,429,667

Other Power Sales Arrangements

Revenue

$559,143

Organization Details

Founding Year

1941

Principal Officer

Anthony Campbell

Main Address

PO Box 707, Winchester, KY, 403920707

NTEE Category

Code: W80 - Public benefit

If you are a representative of East Kentucky Power Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.