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
What are the reviews and ratings of this charity?
Brazos Electric Power Cooperative Inc is not currently rated by Charity Navigator. The organization does not fall under the evaluation criteria set by Charity Navigator as it is not a 501(c)(3) IRS registered nonprofit, and thus, lacks an official rating. This absence of a rating should not be interpreted positively or negatively, as it simply reflects the nonprofit's classification outside Charity Navigator's standards.
Without an Accountability & Finance beacon or an Impact & Measurement beacon, Brazos Electric Power Cooperative Inc is not assessed for various facets such as Leadership & Adaptability, Culture & Community, or Impact. Charity Navigator primarily evaluates registered 501(c)(3) organizations, and since Brazos is a cooperative, these ratings do not apply. Consequently, financial data and information on key person salaries are also unavailable.
There are no user reviews available from GreatNonprofits concerning Brazos Electric Power Cooperative Inc. This limits the ability to provide public sentiment or personal testimonials regarding its operations and impact. Therefore, individuals interested in this organization might need to explore alternative sources for further insights.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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
Official website here: www.brazoselectric.com
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:
- Compensation: $1,111,005
- Related: $0
- Other: -$263,496
- Compensation: $306,433
- Related: $0
- Other: $55,446
- Compensation: $261,703
- Related: $0
- Other: $50,942
- Compensation: $461,090
- Related: $0
- Other: -$155,655
- Compensation: $208,611
- Related: $0
- Other: $51,559
- Compensation: $415,435
- Related: $0
- Other: -$165,741
- Compensation: $204,692
- Related: $0
- Other: $44,328
- Compensation: $219,730
- Related: $0
- Other: $15,797
- Compensation: $211,047
- Related: $0
- Other: $938
- Compensation: $218,434
- Related: $0
- Other: -$68,634
- Compensation: $53,892
- Related: $0
- Other: $0
- Compensation: $50,598
- Related: $0
- Other: $0
- Compensation: $50,569
- Related: $0
- Other: $0
- Compensation: $50,075
- Related: $0
- Other: $0
- Compensation: $49,292
- Related: $0
- Other: $0
- Compensation: $45,974
- Related: $0
- Other: $0
- Compensation: $45,257
- Related: $0
- Other: $0
- Compensation: $44,932
- Related: $0
- Other: $0
- Compensation: $44,621
- Related: $0
- Other: $0
- Compensation: $44,451
- Related: $0
- Other: $0
- Compensation: $43,804
- Related: $0
- Other: $0
- Compensation: $43,072
- Related: $0
- Other: $0
- Compensation: $41,255
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $437,893
- Related: $0
- Other: -$450,043
Official website here: www.brazoselectric.com
Where can I find the form 990 for Brazos Electric Power Cooperative Inc?
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.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Brazos Electric Power Cooperative Inc plays a crucial role in providing reliable and affordable electricity to rural communities in Texas. By generating, procuring, and transmitting wholesale electric power, it supports the energy needs of its 16 member cooperatives. This cooperative model not only ensures that electricity is accessible at a lower cost but also fosters economic stability and growth in rural areas. The cooperative's commitment to dependable service enhances the quality of life for its members, allowing them to focus on community development and other essential services. Operating from Waco, Texas, Brazos Electric's impact extends beyond electricity provision to include a dedication to public benefit and community resilience.
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.
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: $2,418
- Program Service Revenue: $1,959,369,342
- Gross Receipts: $1,873,310,894
Assets and Liabilities:
- Total Assets: $2,840,038,435
- Total Liabilities: $2,677,039,491
- Net Assets: $162,998,944
Want to help this charity, for free? You can click here to learn more about Give Freely
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) 750-6500Principal Officer
Mark Fagan
Main Address
7616 BAGBY AVE, WACO, TX, 76712
Website
www.brazoselectric.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Brazos Electric Power Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.