Oklahoma Gas And Electric Company

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

EIN: 736290375 ✦ Des moines, IA ✦ Designated as a 501(c)(9)

Overview

What is Oklahoma Gas And Electric Company?

The Oklahoma Gas and Electric Company's Employees Medical Trust serves as fraternal beneficiary societies and voluntary employees associations, generating substantial revenues of $20.4 million last year. This nonprofit organization, based on providing medical benefits to its members, operates with dedication to improve the health and well-being of its workforce.


Is Oklahoma Gas And Electric Company legitimate?

Oklahoma Gas And Electric Company is a legitimate nonprofit organization registered as a 501(c)(9) entity. Oklahoma Gas And Electric Company 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $8,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Oklahoma Gas And Electric Company?
Who is the CEO of Oklahoma Gas And Electric Company?
What is the revenue of Oklahoma Gas And Electric Company?
Who are the executives of Oklahoma Gas And Electric Company and what are their salaries?
Where can I find the form 990 for Oklahoma Gas And Electric Company?

Mission Statement of Oklahoma Gas And Electric Company

Oklahoma Gas and Electric Company's (OGE) mission is centered around providing medical benefits to its members. The OGE Energy Corp Employees Medical Trust functions as both fraternal beneficiary societies and voluntary employees associations, generating significant revenue of $20,429,557 last year.

In operation, the Medical Trust of OGE serves its members by generating substantial revenues, which enables it to provide essential medical benefits. The trust's activities stem from the collective efforts of its fraternal and voluntary nature, working together to improve the health and wellbeing of those it serves.

The OGE Energy Corp Employees Medical Trust is an integral part of the organization, bringing together individuals and providing them with a platform to pool resources and access medical benefits. The trust's success is evident in its substantial revenue generation, demonstrating its ability to effectively support its members' medical needs.

Impact

This information is meant to be a general summary of Oklahoma Gas And Electric Company. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Oklahoma Gas and Electric Company's impact lies in its provision of essential energy services to customers in Oklahoma and western Arkansas. By supplying electricity and natural gas to homes, businesses, and communities, Oklahoma Gas and Electric Company plays a vital role in powering the region's economy and daily activities. Additionally, the company contributes to the overall infrastructure and development of the areas it serves.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,592
  • Program Service Revenue: $23,960,234
  • Gross Receipts: $23,964,826

    • Assets and Liabilities:
  • Total Assets: $54,655
  • Total Liabilities: $0
  • Net Assets: $54,655
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PLAN SPONSOR CONTRIBUTIONS

    Revenue

    $23,960,234

    Organization Details

    Founding Year

    1998

    Principal Officer

    Principal Financial Group

    Main Address

    PO BOX 10316, DES MOINES, IA, 50306

    NTEE Category

    Code: Y40 - Mutual benefit

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