Overview
What is Kiamichi Electric Cooperative Inc?
Kiamichi Electric Cooperative Inc is a nonprofit organization based in Wilburton, Oklahoma. With a team of 65 employees, they are dedicated to providing safe and reliable electric service to all cooperative members. The cooperative's mission is to offer this essential utility at the lowest possible cost, maintaining sound economics and good management. Their primary activity involves the distribution of electricity to members on a cooperative basis.
Official website here: www.kiamichielectric.org
What are the reviews and ratings of this charity?
Kiamichi Electric Cooperative Inc is not currently rated by Charity Navigator, mainly due to the fact that it is not registered as a 501(c)(3) nonprofit with the IRS. Thus, it cannot be evaluated using Charity Navigator's Accountability & Finance methodology or other beacon scores such as Impact & Measurement, Culture & Community, or Leadership & Adaptability.
The lack of a rating by Charity Navigator is not indicative of the cooperative's performance, positively or negatively. It merely reflects that the organization has not been assessed using the criteria applicable to 501(c)(3) nonprofits. Previously, ratings considered metrics similar to today's Accountability and Finance scores, though no current or historical financial data is available for Kiamichi Electric Cooperative Inc.
No user reviews are available for Kiamichi Electric Cooperative Inc on GreatNonprofits, leaving community feedback and individual experiences undocumented on that platform. As an independent entity outside the typical nonprofit evaluation frameworks, further insights would require alternate sources or direct organizational disclosures.
This AI summary has been generated from information found on Charity Navigator.
Is Kiamichi Electric Cooperative Inc legitimate?
Kiamichi Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kiamichi 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: $761,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kiamichielectric.org
What is the mission statement of Kiamichi Electric Cooperative Inc?
Kiamichi Electric Cooperative Inc is committed to providing safe and reliable electric service to all of its cooperative members. Its mission extends beyond just electricity distribution, as it also strives to offer these essential services at the most affordable cost, consistent with sound economics and good management. The cooperative aims to ensure the well-being of its members by delivering electric power in a cooperative manner.
Official website here: www.kiamichielectric.org
Who is the CEO of Kiamichi Electric Cooperative Inc?
Brett Orme is the President of Kiamichi Electric Cooperative Inc. The CEO's salary of Kiamichi Electric Cooperative Inc is $250,873 and their total compensation is $405,060.
Official website here: www.kiamichielectric.org
What is the revenue of Kiamichi Electric Cooperative Inc?
Kiamichi Electric Cooperative Inc's revenue in 2022 was $54,444,719.
Official website here: www.kiamichielectric.org
Who are the executives of Kiamichi Electric Cooperative Inc and what are their salaries?
The average compensation at Kiamichi Electric Cooperative Inc during 2022 was $11,721. There are 65 employees at Kiamichi Electric Cooperative Inc.
Here are 14 key members and their salaries (Kiamichi Electric Cooperative Inc's CEO's salary is $250,873 and their total compensation is $405,060):
- Compensation: $28,207
- Related: $0
- Other: $0
- Compensation: $28,331
- Related: $0
- Other: $0
- Compensation: $35,697
- Related: $0
- Other: $0
- Compensation: $31,772
- Related: $0
- Other: $0
- Compensation: $26,613
- Related: $0
- Other: $0
- Compensation: $31,722
- Related: $0
- Other: $0
- Compensation: $39,904
- Related: $0
- Other: $0
- Compensation: $250,873
- Related: $0
- Other: $154,187
- Compensation: $138,359
- Related: $0
- Other: $89,575
- Compensation: $137,917
- Related: $0
- Other: $191,832
- Compensation: $127,045
- Related: $0
- Other: $45,282
- Compensation: $109,843
- Related: $0
- Other: $26,279
- Compensation: $108,916
- Related: $0
- Other: $53,201
- Compensation: $108,754
- Related: $0
- Other: $49,626
Official website here: www.kiamichielectric.org
Where can I find the form 990 for Kiamichi Electric Cooperative Inc?
Kiamichi Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kiamichielectric.org
Learn more at the official website: www.kiamichielectric.org
Mission Statement of Kiamichi Electric Cooperative Inc
Kiamichi Electric Cooperative Inc is committed to delivering safe and dependable electric services to all of its cooperative members. The organization's mission is twofold: providing electric power to its members while maintaining the lowest possible cost, all while adhering to sound economic principles and good management practices.
Founded on the cooperative principle, Kiamichi Electric Cooperative Inc distributes electricity to its members in a collective manner. This means that every member has a voice in the organization's decisions and operations. The cooperative's mission to provide reliable electric service is essential for the daily lives of its members, enabling them to power their homes, businesses, and communities. By adhering to this mission, Kiamichi Electric Cooperative Inc not only meets the basic needs of its members but also contributes to their overall quality of life.
The cooperative's dedication to delivering safe and dependable electric service is a top priority. It invests in the latest technology and infrastructure to ensure the electricity is delivered efficiently and with minimal disruptions. By maintaining a strong focus on safety and reliability, Kiamichi Electric Cooperative Inc instills confidence in its members and fosters a sense of trust. Additionally, the cooperative's commitment to sound economics and good management practices ensures that its services are sustainable and affordable for its members. Overall, Kiamichi Electric Cooperative Inc's mission is essential in providing essential electric services to its members while maintaining a strong financial footing.
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Impact
October, 2024
Kiamichi Electric Cooperative Inc significantly impacts its community by ensuring the availability of safe and reliable electric service to all its members. Located in Wilburton, Oklahoma, the cooperative operates with a commitment to provide electricity on a cooperative basis, promoting a sense of community and shared responsibility among its members.
By focusing on delivering power at the lowest possible cost while adhering to sound economic principles and good management practices, Kiamichi Electric Cooperative enhances the quality of life for its members. This reliable electric service supports local businesses, educational institutions, and households, driving economic development and fostering a stable environment for growth.
Furthermore, the cooperative's mission not only emphasizes service delivery but also underscores its dedication to the public benefit, reinforcing the importance of community engagement and empowerment in energy distribution.
This information is meant to be a general summary of Kiamichi 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: $25,356
- Program Service Revenue: $53,873,204
- Gross Receipts: $54,517,319
Assets and Liabilities:
- Total Assets: $121,989,088
- Total Liabilities: $74,005,038
- Net Assets: $47,984,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL
Revenue
$37,226,896
SMALL COMMERCIAL
Revenue
$11,197,493
INDUSTRIAL
Revenue
$2,784,804
CAPITAL CREDITS
Revenue
$1,412,790
GROSS RECEIPTS TAX
Revenue
$1,028,827
Organization Details
Founding Year
1945
Phone
(918) 465-2338Principal Officer
Brett Orme
Main Address
PO BOX 340, WILBURTON, OK, 74578
Website
www.kiamichielectric.orgNTEE Category
Code: W80 - Public benefit
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