Overview
What is Northwestern Electric Cooperative Inc?
Northwestern Electric Cooperative Inc is a nonprofit organization headquartered in Woodward, Oklahoma. Their mission is to provide electric power to rural areas on a cooperative basis, ensuring excellent customer service with top-quality electric service reliability, affordable rates, employee teamwork, and the highest degree of integrity. They served 11,926 active members at the end of the last year, delivering electricity cooperatively through the allocation of patronage capital.
Official website here: www.nwecok.coop
Is Northwestern Electric Cooperative Inc legitimate?
Northwestern Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northwestern Electric 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: $818,594
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,055,496
For more financial information, click here
Official website here: www.nwecok.coop
What is the mission statement of Northwestern Electric Cooperative Inc?
Northwestern Electric Cooperative Inc is dedicated to supplying electric power to rural communities on a cooperative basis. The cooperative prioritizes delivering excellent customer service, reflected in its top-notch electric service reliability, affordable rates, employee teamwork, and unwavering integrity in all its endeavors. In the previous year, the cooperative provided electricity to 11,926 active services, all under cooperative ownership through the allocation of patronage capital.
Official website here: www.nwecok.coop
Who is the CEO of Northwestern Electric Cooperative Inc?
Tyson Littau is the President of Northwestern Electric Cooperative Inc. The CEO's salary of Northwestern Electric Cooperative Inc is $244,069 and their total compensation is $406,521.
Official website here: www.nwecok.coop
What is the revenue of Northwestern Electric Cooperative Inc?
Northwestern Electric Cooperative Inc's revenue in 2022 was $44,541,170.
Official website here: www.nwecok.coop
Who are the executives of Northwestern Electric Cooperative Inc and what are their salaries?
The average compensation at Northwestern Electric Cooperative Inc during 2022 was $63,510. There are 61 employees at Northwestern Electric Cooperative Inc.
Here are 17 key members and their salaries (Northwestern Electric Cooperative Inc's CEO's salary is $244,069 and their total compensation is $406,521):
- Compensation: $24,983
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $24,097
- Related: $0
- Other: $0
- Compensation: $26,283
- Related: $0
- Other: $0
- Compensation: $21,833
- Related: $0
- Other: $0
- Compensation: $26,061
- Related: $0
- Other: $0
- Compensation: $19,147
- Related: $0
- Other: $0
- Compensation: $17,373
- Related: $0
- Other: $0
- Compensation: $15,671
- Related: $0
- Other: $0
- Compensation: $6,118
- Related: $0
- Other: $0
- Compensation: $244,069
- Related: $0
- Other: $162,452
- Compensation: $134,018
- Related: $0
- Other: $96,489
- Compensation: $146,853
- Related: $0
- Other: $119,969
- Compensation: $119,946
- Related: $0
- Other: $12,155
- Compensation: $119,215
- Related: $0
- Other: $120,436
- Compensation: $113,191
- Related: $0
- Other: $98,810
- Compensation: $107,143
- Related: $0
- Other: $75,015
Official website here: www.nwecok.coop
Where can I find the form 990 for Northwestern Electric Cooperative Inc?
Northwestern Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwecok.coop
Learn more at the official website: www.nwecok.coop
Mission Statement of Northwestern Electric Cooperative Inc
Northwestern Electric Cooperative Inc, a cooperative entity, is dedicated to providing electric power to rural communities at affordable costs. The cooperative's primary objective is to deliver top-notch customer service, as reflected in its unwavering commitment to electric service reliability, reasonable rates, teamwork among employees, and unwavering integrity in all its undertakings.
Powering the lives of over 11,900 active service members, Northwestern Electric Cooperative Inc offers electricity on a cooperative basis through the allocation of patronage capital. By doing so, the cooperative not only ensures a steady electricity supply but also fosters a sense of community ownership and involvement among its members. With a focus on quality and affordability, the cooperative strives to create a sustainable energy solution for its rural clientele.
The cooperative's approach to customer service extends beyond just electricity provision. It aspires to maintain excellent relationships with its members, going above and beyond to accommodate their unique needs and concerns. The cooperative's teamwork and integrity are evident in its commitment to providing reliable electric service and advocating for its members' best interests. Through its unwavering dedication, Northwestern Electric Cooperative Inc continues to illuminate the lives of rural communities, empowering them with the essential energy they need to thrive.
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Impact
October, 2024
Northwestern Electric Cooperative Inc plays a crucial role in enhancing the quality of life in rural areas by providing reliable electric power to its members. With 11,926 active services, the cooperative ensures that electrical energy is delivered efficiently and affordably, benefiting communities that may otherwise face challenges in accessing energy resources.
By operating on a cooperative basis, Northwestern Electric allocates patronage capital, allowing members to share in the financial success of the cooperative while keeping rates competitive. The organization's commitment to excellent customer service, top-quality reliability, and employee teamwork fosters a sense of community and trust among its members.
Overall, Northwestern Electric Cooperative Inc serves as a vital resource for rural households and businesses, promoting sustainable energy access, economic growth, and community empowerment.
This information is meant to be a general summary of Northwestern Electric 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $44,909
- Program Service Revenue: $44,387,975
- Gross Receipts: $44,595,237
Assets and Liabilities:
- Total Assets: $126,970,760
- Total Liabilities: $90,545,823
- Net Assets: $36,424,937
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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
$43,422,899
PATRONAGE DIVIDENDS
Revenue
$858,326
DISTRIBUTION LINE LEASE
Revenue
$56,980
SERVICE FEES
Revenue
$49,770
Organization Details
Founding Year
1940
Phone
(580) 256-7425Principal Officer
Tyson Littau
Main Address
PO BOX 2707, WOODWARD, OK, 73802
Website
www.nwecok.coopNTEE Category
Code: W80 - Public benefit
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