Overview
What is San Patricio Electric Cooperative Inc?
San Patricio Electric Cooperative Inc is a nonprofit organization headquartered in Sinton, Texas. With 41 dedicated employees, they provide quality electric energy to their members on a cooperative basis. The cooperative allocates patronage capital and ended the year with 12,893 active services. Their primary mission is to ensure the delivery of safe and reliable electric service to their cooperative members.
Official website here: www.sanpatricioelectric.org
Is San Patricio Electric Cooperative Inc legitimate?
San Patricio Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. San Patricio 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: $947,883
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,977,488
For more financial information, click here
Official website here: www.sanpatricioelectric.org
What is the mission statement of San Patricio Electric Cooperative Inc?
San Patricio Electric Cooperative Inc is dedicated to supplying high-quality and dependable electric service to its cooperative members. The organization's mission is to ensure the provision of safe and reliable electric power, enhancing the daily lives of those it serves. By pooling resources on a cooperative basis, San Patricio Electric Cooperative Inc delivers electric energy to its membership, with 12,893 active services reported at the end of the year. The cooperative's commitment to its members extends beyond energy provision, with a focus on maintaining a strong and resilient infrastructure to support the community.
Official website here: www.sanpatricioelectric.org
What is the revenue of San Patricio Electric Cooperative Inc?
San Patricio Electric Cooperative Inc's revenue in 2023 was $33,589,951.
Official website here: www.sanpatricioelectric.org
Who are the executives of San Patricio Electric Cooperative Inc and what are their salaries?
The average compensation at San Patricio Electric Cooperative Inc during 2023 was $63,595. There are 46 employees at San Patricio Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Compensation: $9,800
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $10,200
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $11,100
- Related: $0
- Other: $0
- Compensation: $7,300
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $232,346
- Related: $0
- Other: $55,390
- Compensation: $128,863
- Related: $0
- Other: $42,246
- Compensation: $112,999
- Related: $0
- Other: $40,137
- Compensation: $108,354
- Related: $0
- Other: $41,675
- Compensation: $94,082
- Related: $0
- Other: $37,591
- Compensation: $144,916
- Related: $0
- Other: $39,387
- Compensation: $129,723
- Related: $0
- Other: $38,353
- Compensation: $126,304
- Related: $0
- Other: $37,873
- Compensation: $121,512
- Related: $0
- Other: $37,612
Official website here: www.sanpatricioelectric.org
Where can I find the form 990 for San Patricio Electric Cooperative Inc?
San Patricio Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sanpatricioelectric.org
Learn more at the official website: www.sanpatricioelectric.org
Mission Statement of San Patricio Electric Cooperative Inc
San Patricio Electric Cooperative Inc, a dedicated organization, is committed to delivering top-quality and dependable electric service to its cooperative members. With a mission to ensure safety and reliability, the cooperative strives to allocate patronage capital to provide electric energy on a cooperative basis.
In its pursuit of this goal, San Patricio Electric Cooperative Inc supplies electricity to its members, contributing to their daily lives and powering their essential needs. With a total of 12,893 active services at the end of the year, the cooperative's reach extends to numerous households and businesses. By providing electricity on a cooperative basis, the organization fosters a sense of community and collaboration among its members.
The cooperative's efforts are geared towards maintaining a robust and stable electric grid, ensuring that power remains available and consistent for its members. This reliable electric service is crucial for the smooth functioning of homes and businesses, making a significant impact on the daily lives of those connected to the cooperative.
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Impact
October, 2024
San Patricio Electric Cooperative Inc significantly impacts the community by ensuring access to quality and reliable electric service for its members. With 12,893 active services, the cooperative plays a vital role in powering homes and businesses in the Sinton, Texas area. By providing electric energy on a cooperative basis, it not only meets the energy needs of its members but also fosters a sense of community ownership and engagement.
The cooperative's mission to deliver safe and dependable electric service underscores its commitment to the welfare of its members. By allocating patronage capital, it contributes to the financial stability of its services, allowing for reinvestment in infrastructure and improvements that enhance service delivery. This focus on reliability ensures that members can depend on consistent electricity service, which is essential for daily living and economic activities.
Overall, San Patricio Electric Cooperative Inc serves as a crucial player in promoting public benefit and fostering community resilience through its dedicated energy services.
This information is meant to be a general summary of San Patricio 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 2023.
- Investment Income: $250,855
- Program Service Revenue: $33,360,547
- Gross Receipts: $33,873,216
Assets and Liabilities:
- Total Assets: $85,637,055
- Total Liabilities: $37,694,911
- Net Assets: $47,942,144
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$31,173,215
PATRONAGE DIVIDENDS
Revenue
$2,010,647
SERVICE FEES
Revenue
$176,685
Organization Details
Founding Year
1938
Principal Officer
Ronald Hughes
Website
www.sanpatricioelectric.orgNTEE Category
Code: W80 - Public benefit
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