Overview
What is Brazos Electric Power Cooperative Inc?
Brazos Electric Power Cooperative Inc is a nonprofit organization based in Waco, Texas. Established to provide dependable and economical wholesale electric power and energy for rural electric distribution cooperatives, it serves sixteen such members. The cooperative's mission is to generate, procure, and transmit reliable power at the lowest cost to add value for its members and customers. With a strong workforce of 402 employees, Brazos Electric Power Cooperative Inc aims to maintain a consistent power supply, ensuring the needs of its partners are met effectively.
Official website here: www.brazoselectric.com
Is Brazos Electric Power Cooperative Inc legitimate?
Brazos Electric Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Brazos Electric 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,895,748
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,965,890
For more financial information, click here
What is the mission statement of Brazos Electric Power Cooperative Inc?
Brazos Electric Power Cooperative Inc is dedicated to delivering reliable and affordable electric power to its member cooperatives. By generating, procuring, and transmitting power efficiently, the cooperative aims to provide valuable services to its customers. Brazos Electric Power Cooperative was established with the goal of ensuring rural electric distribution cooperatives have access to dependable and economical wholesale electric power. Presently, the cooperative serves sixteen member cooperatives.
Official website here: www.brazoselectric.com
Who is the CEO of Brazos Electric Power Cooperative Inc?
Mark Fagan is the Executive Vp & Gm of Brazos Electric Power Cooperative Inc.
Official website here: www.brazoselectric.com
What is the revenue of Brazos Electric Power Cooperative Inc?
Brazos Electric Power Cooperative Inc's revenue in 2022 was $1,870,614,504.
Official website here: www.brazoselectric.com
Who are the executives of Brazos Electric Power Cooperative Inc and what are their salaries?
The average compensation at Brazos Electric Power Cooperative Inc during 2022 was $76,770. There are 402 employees and 4 volunteers at Brazos Electric Power Cooperative Inc.
Here are 28 key members and their salaries:
- Clifton Kernei (Executive Vp & Gm)
- Travis Thrall (Vice President - Generation)
- Shari Heino (Chief Compliance Officer)
- Khaki Bordovsky (Vice President - Services)
- Michael Tavaglione (Plant Operator)
- Joshua Clevenger (Vice President - Power Supply)
- Robert Walker (Plant Manager)
- Rodney Little (Manager Network Services)
- Brent Fox (Manager Fiscal Services)
- Kyle Minnix (Manager Communication)
- Rick Ickert (Secretary/Treasurer) [Trustee/Director]
- Audie Morris (Vice President) [Trustee/Director]
- William J Allen (Director)
- Dennis Mcwhorter (President) [Trustee/Director]
- Steve Jones (Director)
- Frankie Elaine Martin (Director)
- Kenneth Doyle Alexander (Director)
- Billy Jones (Director)
- Monte Carlisle (Director)
- Bill Ragsdale (Director)
- Henry Bradford (Director)
- Glenn Jones (Director)
- Larry Bays (Director)
- Neil Hesse (Director)
- Brandon Young (Director)
- James Cody Lasater (Director)
- Darryl Wayne Schriver (Director)
- Johnny York (Vice President - Transmission)
Official website here: www.brazoselectric.com
Where can I find the form 990 for Brazos Electric Power Cooperative Inc?
The Brazos Electric Power Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.brazoselectric.com
Learn more at the official website: www.brazoselectric.com
Mission Statement of Brazos Electric Power Cooperative Inc
Brazos Electric Power Cooperative Inc, a leading cooperative, is dedicated to delivering valued services to its members and customers. By generating, procuring, and transmitting reliable power, the cooperative ensures a consistent energy supply at the most affordable prices. Brazos Electric Power Cooperative was established with the primary goal of providing dependable and economical wholesale electric power and energy to rural electric distribution cooperatives.
Serving sixteen member cooperatives, Brazos Electric Power Cooperative is committed to maintaining a strong energy infrastructure. Its mission is threefold: to generate power, procure power, and transmit power reliably while keeping costs low. This mission is crucial as Brazos Electric Power Cooperative is a vital partner to its member cooperatives, enabling them to provide electricity to their communities efficiently and effectively.
Brazos Electric Power Cooperative's focus on generating, procuring, and transmitting reliable power at the lowest cost ensures that its members have a consistent energy supply, allowing them to focus on their own missions and serving their communities. By fulfilling this role, Brazos Electric Power Cooperative plays a pivotal part in powering the lives of countless individuals, driving economic growth, and contributing to the overall well-being of its member cooperatives and the communities they serve.
Impact
This information is meant to be a general summary of Brazos Electric Power Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Brazos Electric Power Cooperative Inc's impact lies in its provision of dependable and economical wholesale electric power and energy to rural electric distribution cooperatives. By generating, procuring, and transmitting reliable power at the lowest cost, Brazos Electric Power Cooperative ensures that its members and customers have access to essential electricity services. This contributes to the stability and development of rural communities by enabling businesses, homes, and infrastructure to function efficiently and sustainably.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC ENERGY REVENUE
Revenue
$1,951,109,096
SALE OF EXCESS NATURAL GAS
Revenue
$5,149,845
OTHER MEMBER REVENUES
Revenue
$2,546,034
CAPTIAL CREDITS
Revenue
$323,219
TRANSMISSION EXPORT REVENUE
Revenue
$241,148
Organization Details
Founding Year
1941
Phone
(254) 750-6500
Principal Officer
Mark Fagan
Main Address
7616 BAGBY AVE, WACO, TX, 76712
Website
www.brazoselectric.com
NTEE Category
Code: W80 - Public benefit
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