Northeast La Power Cooperative Inc

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

EIN: 720275430 ✦ Winnsboro, LA ✦ Designated as a 501(c)(12)

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Overview

What is Northeast La Power Cooperative Inc?

Northeast La Power Cooperative Inc, located in Winnsboro, Louisiana, is a mission-focused organization dedicated to providing electricity to rural communities in Northeast Louisiana, including Franklin Parish, Madison Parish, Richland Parish, Tensas Parish, East Carroll Parish, West Carroll Parish, and Morehouse Parish. With a customer base of 17,662 active users as of December 31, 2020, the cooperative distributes electricity to these areas, enhancing the quality of life in these rural communities.


Official website here: www.nelpco.coop

Is Northeast La Power Cooperative Inc legitimate?

Northeast La Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northeast La 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: $229,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,905,174

For more financial information, click here


Official website here: www.nelpco.coop

What is the mission statement of Northeast La Power Cooperative Inc?

Northeast La Power Cooperative is a not-for-profit organization dedicated to supplying electricity to rural communities in different parts of Louisiana. With a customer base of over 17,000 active accounts as of December 2020, the cooperative serves residents in areas such as Franklin Parish, Madison Parish, Richland Parish, Tensas Parish, East Carroll Parish, and West Carroll Parish. Its primary goal is to bring uninterrupted power to these areas, ensuring that the local population has consistent access to essential electrical services. The cooperative's commitment extends beyond electricity distribution, as it strives to prioritize the needs of its community and contribute to the overall development of the rural regions it serves.


Official website here: www.nelpco.coop

Who is the CEO of Northeast La Power Cooperative Inc?

Jeffrey S Churchwell is the Director of Northeast La Power Cooperative Inc.


Official website here: www.nelpco.coop

What is the revenue of Northeast La Power Cooperative Inc?

Northeast La Power Cooperative Inc's revenue in 2022 was $35,033,427.


Official website here: www.nelpco.coop

Who are the executives of Northeast La Power Cooperative Inc and what are their salaries?

The average compensation at Northeast La Power Cooperative Inc during 2022 was $36,878. There are 85 employees at Northeast La Power Cooperative Inc.


Here are 10 key members and their salaries:


Thad H Waters Jr (Director)
  • Compensation: $9,133
  • Related: $0
  • Other: $0
Alton L Welch Jr (Director)
  • Compensation: $10,317
  • Related: $0
  • Other: $0
Richard T Strong (Director)
  • Compensation: $8,067
  • Related: $0
  • Other: $0
Steve E Pylant (Director)
  • Compensation: $4,600
  • Related: $0
  • Other: $0
Weldon Fitch (President)
  • Compensation: $7,941
  • Related: $0
  • Other: $0
Charles B Hixon (Vice President)
  • Compensation: $6,761
  • Related: $0
  • Other: $0
Ronald Pippin (Secretary)
  • Compensation: $5,189
  • Related: $0
  • Other: $0
Davin Mcmurry (Director)
  • Compensation: $1,022
  • Related: $0
  • Other: $0
Jeffrey S Churchwell (General Manager)
  • Compensation: $176,394
  • Related: $0
  • Other: $25,994
Kathryn W Pylant (Accountant)
  • Compensation: $131,345
  • Related: $0
  • Other: $13,443


Official website here: www.nelpco.coop

Where can I find the form 990 for Northeast La Power Cooperative Inc?

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


Official website here: www.nelpco.coop

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

Mission Statement of Northeast La Power Cooperative Inc

Northeast La Power Cooperative, a dedicated organization based in Louisiana, is committed to bringing electricity to rural communities. With a focus on areas such as Franklin Parish, Madison Parish, Richland Parish, Tensas Parish, East Carroll Parish, and West Carroll Parish, they extend the reach of power to 17,662 active customers. Operating from their headquarters in Winnsboro, LA, this mission-driven cooperative is on a quest to light up the lives of those in under-served regions. The team at Northeast La Power Cooperative takes pride in serving the needs of their community, ensuring that essential electrical services are available to households and businesses in these rural areas. As of the end of 2020, they had successfully connected over fifteen thousand households and businesses to electricity, bringing the comfort and convenience of power to these communities.

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Impact




October, 2024

Northeast La Power Cooperative Inc plays a vital role in enhancing the quality of life in rural northeastern Louisiana by providing essential electricity services to underserved communities. By distributing electricity throughout regions such as Franklin Parish, Madison Parish, Richland Parish, Tensas Parish, East Carroll Parish, West Carroll Parish, and Morehouse Parish, the cooperative ensures that over 17,000 residents have reliable access to power. This access is crucial for everyday activities, economic development, and overall community well-being.

The cooperative’s commitment to serving these areas not only addresses the basic need for electricity but also supports local businesses, improves educational opportunities, and contributes to the overall economic stability of the region. Furthermore, by operating from its home base in Winnsboro, LA, Northeast La Power Cooperative fosters local employment and community engagement, reinforcing the social fabric of the rural areas it serves. Through its mission-driven approach, the organization significantly impacts the lives of its customers and promotes sustainable development in northeastern Louisiana.




This information is meant to be a general summary of Northeast La 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
$35,033,427 (2022)
Expenses
$35,033,427 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,968
  • Program Service Revenue: $34,521,598
  • Gross Receipts: $35,062,463

Assets and Liabilities:

  • Total Assets: $48,064,247
  • Total Liabilities: $22,255,965
  • Net Assets: $25,808,282

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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

$33,909,336

OTHER ELECTRIC REVENUE

Revenue

$334,458

CAPITAL CREDITS

Revenue

$277,804

Organization Details

Founding Year

1938

Principal Officer

Jeffrey S Churchwell

Main Address

POST OFFICE BOX 1577, WINNSBORO, LA, 71295

NTEE Category

Code: W80 - Public benefit

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