Overview
What is Oklahoma Association Of Electric Cooperatives?
The Oklahoma Association of Electric Cooperatives is a statewide, non-profit organization established in 1942. It is voluntarily supported by Oklahoma's electric cooperatives, serving as a collective platform to perform services that are otherwise uneconomical or impractical for individual cooperatives. The association offers various programs, such as a Safety & Loss Control program for electric cooperative linemen, a mutual aid disaster planning and coordination program, a self-insured workers compensation program, and training programs for cooperative board members, managers, and employees. Additionally, they engage in legislative and regulatory programs to advocate for the rights of electric cooperative members at both state and national levels. The association also publishes a monthly newspaper, Oklahoma Living, to keep its over 312,000 member-consumers informed about energy and utility issues. Chris Meyers manages this association.
Is Oklahoma Association Of Electric Cooperatives legitimate?
Oklahoma Association Of Electric Cooperatives is a legitimate nonprofit organization registered as a 501(c)(6) entity. Oklahoma Association Of Electric Cooperatives 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: $909,717
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,438,722
For more financial information, click here
What is the mission statement of Oklahoma Association Of Electric Cooperatives?
The Oklahoma Association of Electric Cooperatives, established in 1942, is a statewide association that is voluntarily supported by Oklahoma's non-profit electric cooperatives. Its primary purpose is to collectively provide services that would not be economically or practically feasible for each individual cooperative to handle independently. These services include a Safety & Loss Control program for electric cooperative linemen, a mutual aid disaster planning and coordination program, a self-insured workers compensation program to lower rates for its members, training programs for cooperative board members and managers, and a legislative and regulatory program to ensure the rights of electric cooperative member-consumers are fairly represented at both state and national levels. Additionally, the association publishes a monthly newspaper, Oklahoma Living, to keep its over 312,000 member-consumers informed about their energy and utility issues.
Who is the CEO of Oklahoma Association Of Electric Cooperatives?
Chris Meyers is the Exec. Vp/Ceo of Oklahoma Association Of Electric Cooperatives. The CEO's salary of Oklahoma Association Of Electric Cooperatives is $375,171 and their total compensation is $482,873.
What is the revenue of Oklahoma Association Of Electric Cooperatives?
Oklahoma Association Of Electric Cooperatives's revenue in 2022 was $6,752,398.
Who are the executives of Oklahoma Association Of Electric Cooperatives and what are their salaries?
Here are 71 key members and their salaries (Oklahoma Association Of Electric Cooperatives's CEO's salary is $375,171 and their total compensation is $482,873):
- Compensation: $375,171
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Where can I find the form 990 for Oklahoma Association Of Electric Cooperatives?
Oklahoma Association Of Electric Cooperatives's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oklahoma Association Of Electric Cooperatives
The Oklahoma Association of Electric Cooperatives, established in 1942, is a statewide association that is voluntarily supported by Oklahoma's non-profit electric cooperatives. Its mission is to collectively perform services that would not be economical or practical for each individual cooperative to carry out alone. This organization serves a vital role by offering a range of essential services to its member cooperatives.
One of its primary functions is a Safety & Loss Control program, designed to train and certify electric cooperative linemen. This program ensures that these professionals are equipped with the necessary skills and knowledge to carry out their duties safely and effectively. Additionally, the Oklahoma Association of Electric Cooperatives operates a mutual aid disaster planning and coordination program. This program is crucial in times of disaster, as it allows cooperatives to work together and provide mutual support to one another, ensuring a quicker and more efficient recovery process.
Furthermore, the Oklahoma Association of Electric Cooperatives operates a self-insured workers compensation program. This program helps lower rates for its members, providing them with financial protection in the event of workplace injuries. The association also offers training programs for cooperative board members, managers, supervisors, and employees. These programs are designed to improve the skills and knowledge of these individuals, thereby enhancing the overall performance of the cooperatives.
In terms of legislative and regulatory programs, the Oklahoma Association of Electric Cooperatives works to ensure that the rights of electric cooperative member-consumers are fairly represented at both state and national levels. This is achieved through advocacy and lobbying efforts, aimed at influencing policies that are beneficial to its members and their consumers. Lastly, the association publishes a monthly newspaper, Oklahoma Living, which is distributed to over 312,000 member-consumers. This newspaper provides them with information about their energy and utility issues, keeping them informed and engaged.
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Impact
October, 2024
The Oklahoma Association of Electric Cooperatives significantly enhances the operational efficiency and safety standards within the electric cooperative sector in Oklahoma. Established in 1942, it serves as a collective platform for cooperatives to access essential programs and services that would be challenging or costly to implement individually.
One of its key contributions is the Safety & Loss Control program, which trains and certifies linemen, thereby promoting workplace safety and reducing the risk of accidents. Additionally, the association provides a mutual aid disaster planning and coordination program, ensuring that resources and support can be mobilized swiftly during emergencies.
By implementing a self-insured workers' compensation program, the association helps its members lower insurance rates, which can translate into savings for consumers. The training programs offered for board members, managers, and employees further enhance the operational capabilities of the cooperatives, ensuring they can effectively serve their communities.
On the legislative front, the association advocates for the rights and interests of electric cooperative member-consumers, making sure their voices are represented on both state and national stages. Furthermore, the publication of Oklahoma Living, a monthly newspaper reaching over 312,000 member-consumers, keeps the community informed about important energy and utility issues, fostering engagement and awareness.
Overall, the Oklahoma Association of Electric Cooperatives plays a crucial role in community improvement by enhancing safety, operational efficiency, and consumer advocacy within the electric cooperative landscape.
This information is meant to be a general summary of Oklahoma Association Of Electric Cooperatives. 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: $52,085
- Program Service Revenue: $5,798,776
- Gross Receipts: $6,760,276
Assets and Liabilities:
- Total Assets: $7,543,552
- Total Liabilities: $1,301,598
- Net Assets: $6,241,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$5,798,776
Organization Details
Founding Year
1942
Phone
(405) 478-1455Principal Officer
Chris Meyers
Main Address
PO BOX 54309, OKLAHOMA CITY, OK, 73154
NTEE Category
Code: S41 - Community improvement
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