Overview
What is Bluebonnet Electric Cooperative Inc?
Bluebonnet Electric Cooperative Inc, based in Bastrop, Texas, is a nonprofit organization dedicated to providing electric energy to its members on a cooperative basis. With 390 employees, the cooperative allocates patronage capital to ensure quality and reliable electric service. At the end of the year, there were 123,388 active services. The mission of Bluebonnet Electric Cooperative is to deliver quality and dependable electric service to its cooperative members.
Official website here: www.bluebonnet.coop
Is Bluebonnet Electric Cooperative Inc legitimate?
Bluebonnet Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bluebonnet 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: $3,865,701
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,201,099
For more financial information, click here
Official website here: www.bluebonnet.coop
What is the mission statement of Bluebonnet Electric Cooperative Inc?
Bluebonnet Electric Cooperative Inc is dedicated to delivering quality and dependable electric service to its cooperative members. The organization's primary mission is to allocate patronage capital for the provision of electric energy on a cooperative basis. By the end of the year, there were 123,388 active services under the cooperative's purview. The cooperative is committed to maintaining a consistent electric supply and ensuring member satisfaction through its cooperative business model.
Official website here: www.bluebonnet.coop
Who is the CEO of Bluebonnet Electric Cooperative Inc?
Matt Bentke is the Principal Officer of Bluebonnet Electric Cooperative Inc. The CEO's salary of Bluebonnet Electric Cooperative Inc is $855,054 and their total compensation is $1,340,009.
Official website here: www.bluebonnet.coop
What is the revenue of Bluebonnet Electric Cooperative Inc?
Bluebonnet Electric Cooperative Inc's revenue in 2022 was $304,607,852.
Official website here: www.bluebonnet.coop
Who are the executives of Bluebonnet Electric Cooperative Inc and what are their salaries?
The average compensation at Bluebonnet Electric Cooperative Inc during 2022 was $48,889. There are 390 employees at Bluebonnet Electric Cooperative Inc.
Here are 19 key members and their salaries (Bluebonnet Electric Cooperative Inc's CEO's salary is $855,054 and their total compensation is $1,340,009):
- Compensation: $43,330
- Related: $0
- Other: $0
- Compensation: $44,178
- Related: $0
- Other: $0
- Compensation: $44,098
- Related: $0
- Other: $0
- Compensation: $48,786
- Related: $0
- Other: $0
- Compensation: $44,688
- Related: $0
- Other: $0
- Compensation: $44,378
- Related: $0
- Other: $0
- Compensation: $44,858
- Related: $0
- Other: $0
- Compensation: $43,962
- Related: $0
- Other: $0
- Compensation: $44,494
- Related: $0
- Other: $0
- Compensation: $855,054
- Related: $0
- Other: $484,955
- Compensation: $439,838
- Related: $0
- Other: $41,848
- Compensation: $406,874
- Related: $0
- Other: $184,325
- Compensation: $405,327
- Related: $0
- Other: $188,848
- Compensation: $328,706
- Related: $0
- Other: $127,154
- Compensation: $274,699
- Related: $0
- Other: $36,559
- Compensation: $228,916
- Related: $0
- Other: $119,233
- Compensation: $218,712
- Related: $0
- Other: $108,820
- Compensation: $237,981
- Related: $0
- Other: $53,363
- Compensation: $227,762
- Related: $0
- Other: $56,444
Official website here: www.bluebonnet.coop
Where can I find the form 990 for Bluebonnet Electric Cooperative Inc?
Bluebonnet Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bluebonnet.coop
Learn more at the official website: www.bluebonnet.coop
Mission Statement of Bluebonnet Electric Cooperative Inc
Bluebonnet Electric Cooperative Inc is dedicated to delivering top-notch and dependable electric service to its cooperative members. The organization's primary mission is to allocate patronage capital, enabling it to provide electric energy in a cooperative manner. At the close of the year, Bluebonnet Electric Cooperative Inc served a total of 123,388 active services. By focusing on quality and reliability, the cooperative aims to ensure that its members receive consistent electric service.
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
Bluebonnet Electric Cooperative Inc plays a significant role in delivering quality and reliable electric service to its members in Texas. With a service base that includes 123,388 active connections, the cooperative ensures that energy needs are met through a member-focused approach. This model emphasizes the efficient allocation of patronage capital, allowing resources to be distributed based on member usage. The cooperative not only provides essential electricity services but also fosters a sense of community and mutual benefit among its members, ultimately enhancing the overall quality of life in the regions it serves.
This information is meant to be a general summary of Bluebonnet 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: $1,847,070
- Program Service Revenue: $301,811,551
- Gross Receipts: $307,313,294
Assets and Liabilities:
- Total Assets: $731,168,086
- Total Liabilities: $423,623,030
- Net Assets: $307,545,056
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.
SALES OF ELECTRICITY
Revenue
$293,906,465
SERVICE FEES
Revenue
$3,928,863
TRANSMISSION ACCESS
Revenue
$1,896,302
PATRONAGE DIVIDENDS
Revenue
$1,256,063
TRANSMISSION LINE LEASE
Revenue
$823,858
Organization Details
Founding Year
1939
Phone
(888) 622-2583Principal Officer
Matt Bentke
Main Address
PO BOX 729, BASTROP, TX, 786020729
Website
www.bluebonnet.coopNTEE Category
Code: W80 - Public benefit
If you are a representative of Bluebonnet Electric 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.