Overview
What is Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc, based in Livingston, Texas, is a nonprofit organization dedicated to providing electrical power sales and services to approximately 87,000 accounts. Operating on a cooperative basis, this organization's mission is to bring power to its members. The cooperative employs a workforce of 183 individuals, ensuring efficient and reliable power delivery.
Official website here: www.samhouston.net
What are the reviews and ratings of this charity?
Sam Houston Electric Cooperative Inc is not currently rated on Charity Navigator. This lack of a rating stems from its classification as a non-501(c)(3) organization, thus it does not meet the eligibility criteria for evaluation. The absence of a rating on Charity Navigator is not indicative of the cooperative's quality or performance.
While historical data mainly focused on the cooperative's Accountability and Finance, there is no available information on total revenue and expenses or salary of key individuals. This makes it challenging to assess the financial health or efficiency of Sam Houston Electric Cooperative Inc through available metrics.
There is currently no user feedback available on GreatNonprofits. Therefore, insights into community impact, service quality, or user satisfaction are not available.
This AI summary has been generated from information found on Charity Navigator.
Is Sam Houston Electric Cooperative Inc legitimate?
Sam Houston Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sam Houston 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: $2,456,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.samhouston.net
What is the mission statement of Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc is dedicated to providing electrical power to its members collaboratively. Its mission revolves around the sales and provision of electrical services on a cooperative basis. Approximately 87,000 accounts are served by this cooperative entity. By working together, the cooperative ensures a reliable supply of electricity to its members. The organization's primary objective is to deliver essential energy resources in a cooperative manner. Additionally, the cooperative may engage in various initiatives that support its members and foster a sense of community among its user base.
Official website here: www.samhouston.net
Who is the CEO of Sam Houston Electric Cooperative Inc?
Douglas Turk is the Ceo of Sam Houston Electric Cooperative Inc. The CEO's salary of Sam Houston Electric Cooperative Inc is $385,022 and their total compensation is $562,555.
Official website here: www.samhouston.net
What is the revenue of Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc's revenue in 2022 was $249,325,395.
Official website here: www.samhouston.net
Who are the executives of Sam Houston Electric Cooperative Inc and what are their salaries?
The average compensation at Sam Houston Electric Cooperative Inc during 2022 was $13,423. There are 183 employees at Sam Houston Electric Cooperative Inc.
Here are 25 key members and their salaries (Sam Houston Electric Cooperative Inc's CEO's salary is $385,022 and their total compensation is $562,555):
- Compensation: $385,022
- Related: $0
- Other: $177,533
- Compensation: $122,426
- Related: $0
- Other: $13,104
- Compensation: $252,487
- Related: $0
- Other: $137,758
- Compensation: $138,610
- Related: $0
- Other: $20,129
- Compensation: $250,946
- Related: $0
- Other: $36,043
- Compensation: $230,880
- Related: $0
- Other: $71,957
- Compensation: $241,668
- Related: $0
- Other: $75,597
- Compensation: $186,963
- Related: $0
- Other: $142,748
- Compensation: $186,272
- Related: $0
- Other: $111,319
- Compensation: $182,902
- Related: $0
- Other: $60,484
- Compensation: $168,565
- Related: $0
- Other: $69,923
- Compensation: $165,853
- Related: $0
- Other: $75,996
- Compensation: $24,348
- Related: $0
- Other: $0
- Compensation: $31,948
- Related: $0
- Other: $0
- Compensation: $24,548
- Related: $0
- Other: $0
- Compensation: $27,148
- Related: $0
- Other: $0
- Compensation: $26,448
- Related: $0
- Other: $0
- Compensation: $27,348
- Related: $0
- Other: $0
- Compensation: $28,148
- Related: $0
- Other: $0
- Compensation: $27,847
- Related: $0
- Other: $0
- Compensation: $31,147
- Related: $0
- Other: $0
- Compensation: $26,048
- Related: $0
- Other: $0
- Compensation: $27,198
- Related: $0
- Other: $0
- Compensation: $18,651
- Related: $0
- Other: $0
- Compensation: $13,989
- Related: $0
- Other: $0
Official website here: www.samhouston.net
Where can I find the form 990 for Sam Houston Electric Cooperative Inc?
Sam Houston Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.samhouston.net
Learn more at the official website: www.samhouston.net
Mission Statement of Sam Houston Electric Cooperative Inc
Sam Houston Electric Cooperative Inc, a significant cooperative entity, is committed to the sales and servicing of electrical power to its approximately 87,000 accounts. With a cooperative basis as its guiding principle, the organization ensures that the energy needs of its members are met in a collaborative and efficient manner.
At the core of Sam Houston Electric Cooperative Inc's mission lies the provision of electrical power. The cooperative works tirelessly to secure and distribute electricity to its member base, operating with a member-centric approach that places the needs of its consumers at the forefront of its operations. The organization's dedication to its members is evident in its commitment to providing reliable and consistent power, ensuring that no electrical need goes unmet.
Sam Houston Electric Cooperative Inc's cooperative nature extends beyond the mere sales and delivery of electrical power. The cooperative fosters a sense of unity and collaboration among its members, creating a strong and supportive community. This commitment to community is reflected in the organization's unwavering focus on member satisfaction and its ongoing efforts to improve and expand its services to better meet the evolving needs of its members.
In summary, Sam Houston Electric Cooperative Inc is a dedicated cooperative entity that is committed to the sales and servicing of electrical power to its members on a cooperative basis. The organization's mission is centered around ensuring that the energy needs of its members are met in a reliable, consistent, and cooperative manner, fostering a strong and supportive community in the process.
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Impact
October, 2024
Sam Houston Electric Cooperative Inc plays a crucial role in providing reliable electrical power to approximately 87,000 accounts in Livingston, TX, and surrounding areas. By operating on a cooperative basis, the organization ensures that its members have access to essential energy services that meet their needs. This model fosters a sense of community and shared ownership among members, aligning the cooperative’s goals with the interests of those it serves.
The cooperative’s mission focuses on the sales and service of electrical power, ensuring that its operations prioritize public benefit. This approach not only enhances the quality of life for residents by delivering electricity but also contributes to local economic development. With a commitment to serving its members effectively, Sam Houston Electric Cooperative Inc enhances energy accessibility, supports sustainable practices, and promotes a collaborative environment that empowers the community.
This information is meant to be a general summary of Sam Houston 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: $152,115
- Program Service Revenue: $248,527,726
- Gross Receipts: $249,325,395
Assets and Liabilities:
- Total Assets: $567,032,406
- Total Liabilities: $350,057,852
- Net Assets: $216,974,554
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC ENERGY
Revenue
$243,520,151
PATRONAGE CAPITAL - G&T
Revenue
$3,176,314
PATRONAGE CAPITAL - OTHER
Revenue
$1,831,261
Organization Details
Founding Year
1939
Phone
(936) 327-5711Principal Officer
Douglas Turk
Main Address
PO BOX 1121, LIVINGSTON, TX, 773511121
Website
www.samhouston.netNTEE Category
Code: W80 - Public benefit
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