Overview
What is Kenergy Corp?
Kenergy Corp is a nonprofit electric cooperative based in Henderson, Kentucky. With 136 employees, they dedicate themselves to providing quality and reliable electric services to their members, keeping costs cooperative. Their mission goes beyond electricity, aiming to enhance the lives of their community by ensuring safe and dependable power. At the end of the year 2020, they served 59,214 active accounts.
Official website here: www.kenergycorp.com
Is Kenergy Corp legitimate?
Kenergy Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kenergy Corp 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: $2,113,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,370,935
For more financial information, click here
Official website here: www.kenergycorp.com
What is the mission statement of Kenergy Corp?
Kenergy Corp is dedicated to supplying top-tier and dependable electric services to its members, collaborating on a cooperative basis. The mission of this corporation is to ensure the delivery of safe and reliable electricity that significantly enhances the living conditions of its members. Through the cooperative system, Kenergy Corp allocates patronage capital, enabling it to provide electric energy to its members effectively. With a membership base of 59,214 active services, the organization serves a substantial number of households, contributing to their quality of life.
Official website here: www.kenergycorp.com
Who is the CEO of Kenergy Corp?
Travis Siewert is the Chairman of Kenergy Corp. The CEO's salary of Kenergy Corp is $404,637 and their total compensation is $644,604.
Official website here: www.kenergycorp.com
What is the revenue of Kenergy Corp?
Kenergy Corp's revenue in 2022 was $624,047,751.
Official website here: www.kenergycorp.com
Who are the executives of Kenergy Corp and what are their salaries?
The average compensation at Kenergy Corp during 2022 was $69,737. There are 136 employees at Kenergy Corp.
Here are 24 key members and their salaries (Kenergy Corp's CEO's salary is $404,637 and their total compensation is $644,604):
- Compensation: $13,250
- Related: $0
- Other: $0
- Compensation: $11,700
- Related: $0
- Other: $0
- Compensation: $12,900
- Related: $0
- Other: $0
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $15,300
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,900
- Related: $0
- Other: $0
- Compensation: $13,200
- Related: $0
- Other: $0
- Compensation: $13,200
- Related: $0
- Other: $0
- Compensation: $13,800
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $650
- Related: $0
- Other: $0
- Compensation: $404,637
- Related: $0
- Other: $239,967
- Compensation: $100,129
- Related: $0
- Other: $49,145
- Compensation: $155,381
- Related: $0
- Other: $63,781
- Compensation: $215,565
- Related: $0
- Other: $173,533
- Compensation: $194,511
- Related: $0
- Other: $80,466
- Compensation: $191,141
- Related: $0
- Other: $100,672
- Compensation: $138,987
- Related: $0
- Other: $109,048
- Compensation: $136,907
- Related: $0
- Other: $77,180
- Compensation: $132,290
- Related: $0
- Other: $47,840
- Compensation: $130,381
- Related: $0
- Other: $42,748
- Compensation: $128,258
- Related: $0
- Other: $60,880
Official website here: www.kenergycorp.com
Where can I find the form 990 for Kenergy Corp?
Kenergy Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kenergycorp.com
Learn more at the official website: www.kenergycorp.com
Mission Statement of Kenergy Corp
Kenergy Corp, a cooperative electric service provider, is dedicated to delivering quality and dependable electricity to its members at affordable costs. In pursuit of this mission, the organization strives to ensure the safe and reliable provision of electric services that significantly enhance the lives of those it serves.
Kenergy Corp's primary function lies in allocating patronage capital to provide the electric energy needs of its members cooperatively. With over 59,000 active services at the end of the year, the organization's commitment to reliability and affordability is evident in its ability to meet the demands of a substantial membership base. The cooperative nature of Kenergy Corp enables it to prioritize the interests of its members while maintaining a focus on service excellence.
By adhering to its mission, Kenergy Corp plays a vital role in powering the daily lives of its members, allowing them to carry out essential tasks and maintain a standard of living that contributes to their overall well-being. The organization's steadfast commitment to safety and reliability underscores its dedication to the communities it serves, fostering trust and confidence in its ability to deliver on its promises.
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Impact
October, 2024
Kenergy Corp significantly impacts the communities it serves by providing quality and reliable electric service to its members at cost, fostering a cooperative spirit. With 59,214 active services at year-end, Kenergy is instrumental in ensuring that its members receive dependable electricity, which is essential for daily living and economic development.
By allocating patronage capital, Kenergy promotes financial responsibility and community investment, ensuring that the benefits of electricity services are shared among its members. This approach not only strengthens the local economy but also enhances the overall quality of life in the communities of Henderson, KY, and beyond. The commitment to safety and reliability further underscores Kenergy's role in improving everyday life and promoting sustainability within the regions it operates.
This information is meant to be a general summary of Kenergy Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $395,342
- Program Service Revenue: $622,472,876
- Gross Receipts: $624,237,435
Assets and Liabilities:
- Total Assets: $278,992,513
- Total Liabilities: $193,237,199
- Net Assets: $85,755,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$621,395,635
SERVICE FEES
Revenue
$723,524
PATRONAGE DIVIDENDS
Revenue
$353,717
Organization Details
Founding Year
1999
Phone
(800) 844-4832Principal Officer
Travis Siewert
Main Address
PO BOX 18, HENDERSON, KY, 42419
Website
www.kenergycorp.comNTEE Category
Code: W80 - Public benefit
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