Overview
What is Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc is a nonprofit organization based in Victoria, Texas. With a workforce of 102 employees, they specialize in providing electric and broadband internet services to their cooperative members, allocating patronage capital for these offerings. Their mission is to exceed member expectations by delivering safe, reliable, and affordable electricity. They prioritize continuous improvement, focusing on excellent customer service and community engagement. At the end of the year, they served 24,537 active members.
Official website here: www.victoriaelectric.coop
What are the reviews and ratings of this charity?
Victoria Electric Cooperative Inc is not rated by Charity Navigator because it is not a 501(c)(3) IRS registered nonprofit, which is a requirement for evaluation. The organization’s independent status and lack of requisite documentation such as Form 990 preclude it from being assessed using typical Charity Navigator metrics like Accountability & Finance or Impact & Measurement.
The lack of evaluation does not imply any deficiency or merit; it simply indicates that Victoria Electric Cooperative Inc falls outside the scope of typical nonprofit assessment tools. Potential donors or stakeholders may need to seek other sources of information to gauge the cooperative’s effectiveness or financial stewardship.
Currently, no user reviews are available from GreatNonprofits, leaving a gap in peer feedback and community sentiment regarding the cooperative's impact or service quality.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Victoria Electric Cooperative Inc?
88% of 213 reviewers on Facebook recommend Victoria Electric Cooperative Inc. Here is a summary of their reviews:
Many users express appreciation for the dedication and hard work of the team at Victoria Electric Cooperative. The sentiment is overwhelmingly positive, with commenters highlighting the excellent service and responsiveness of the staff. One user notably mentioned, “Vec is amazing,” showcasing the strong regard community members have for the cooperative.
Overall, the cooperative appears to deliver on its promises and is well-regarded within the community it serves. Customers feel supported and valued, which contributes to the positive perception of the nonprofit's impact and service quality.
This AI summary has been generated from reviews found on Facebook.
Is Victoria Electric Cooperative Inc legitimate?
Victoria Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Victoria 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: $663,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,875,110
For more financial information, click here
Official website here: www.victoriaelectric.coop
What is the mission statement of Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc is dedicated to supplying electric and broadband internet services to its members on a cooperative basis. The mission of the Cooperative goes beyond just providing electricity; it aims to exceed members' expectations by ensuring the delivery of safe, reliable, and affordable electricity. The organization places a strong emphasis on excellent service and community. Its employees are loyal and focused on enhancing the quality of life for each member. The Electric Division of the Cooperative operates on a cooperative basis, providing electric energy through the allocation of patronage capital. At the end of the year, there were 24,537 active services.
Official website here: www.victoriaelectric.coop
Who is the CEO of Victoria Electric Cooperative Inc?
Blaine Warzecha is the President of Victoria Electric Cooperative Inc.
Official website here: www.victoriaelectric.coop
What is the revenue of Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc's revenue in 2022 was $73,692,757.
Official website here: www.victoriaelectric.coop
Who are the executives of Victoria Electric Cooperative Inc and what are their salaries?
The average compensation at Victoria Electric Cooperative Inc during 2022 was $44,501. There are 102 employees at Victoria Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Compensation: $23,688
- Related: $0
- Other: $0
- Compensation: $25,698
- Related: $0
- Other: $0
- Compensation: $22,398
- Related: $0
- Other: $0
- Compensation: $23,478
- Related: $0
- Other: $0
- Compensation: $17,566
- Related: $0
- Other: $0
- Compensation: $16,848
- Related: $0
- Other: $0
- Compensation: $16,652
- Related: $0
- Other: $0
- Compensation: $14,462
- Related: $0
- Other: $0
- Compensation: $228,505
- Related: $0
- Other: $102,320
- Compensation: $132,681
- Related: $0
- Other: $39,682
- Compensation: $136,548
- Related: $0
- Other: $57,746
- Compensation: $136,699
- Related: $0
- Other: $58,764
- Compensation: $126,066
- Related: $0
- Other: $35,801
- Compensation: $114,155
- Related: $0
- Other: $80,468
- Compensation: $111,512
- Related: $0
- Other: $28,299
Official website here: www.victoriaelectric.coop
Where can I find the form 990 for Victoria Electric Cooperative Inc?
Victoria Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.victoriaelectric.coop
Learn more at the official website: www.victoriaelectric.coop
Mission Statement of Victoria Electric Cooperative Inc
Victoria Electric Cooperative Inc, a cooperative entity, is dedicated to delivering electric and broadband internet services to its members. With a commitment to surpassing expectations, the cooperative aims to provide safe, dependable, and affordable electricity. The team at Victoria Electric Cooperative strives to enhance the quality of life for each member, relying on their loyal employees and a service-focused approach.
In the electric division, Victoria Electric Cooperative supplies electricity on a cooperative basis, distributing patronage capital to its members. At the end of the year, there were 24,537 active electric services in operation. The cooperative's primary goal is to ensure a consistent power supply to its members, fostering a sense of community and collaboration. By pooling resources together, Victoria Electric Cooperative is able to offer competitive pricing and prioritize the needs of its members.
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
Victoria Electric Cooperative Inc plays a crucial role in the community by providing electric energy and broadband internet services to its members. With a focus on delivering these essential goods and services on a cooperative basis, it ensures that the needs of its 24,537 active services are met effectively and efficiently.
By prioritizing safety, reliability, and affordability, the cooperative aims to exceed member expectations while continuously improving their quality of life. The dedicated employees of Victoria Electric Cooperative foster a strong sense of community, exemplifying a commitment to service that enhances the well-being of all members. This cooperative model not only delivers essential services but also strengthens community ties and supports local development.
This information is meant to be a general summary of Victoria 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: $88,147
- Program Service Revenue: $73,265,767
- Gross Receipts: $73,692,757
Assets and Liabilities:
- Total Assets: $159,062,957
- Total Liabilities: $71,171,382
- Net Assets: $87,891,575
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
$67,707,373
PATRONAGE DIVIDENDS
Revenue
$2,900,928
BROADBAND ACCESS
Revenue
$2,149,595
SERVICE FEES
Revenue
$507,871
Organization Details
Founding Year
1938
Phone
(361) 573-2428Principal Officer
Blaine Warzecha
Main Address
PO BOX 2178, VICTORIA, TX, 77902
Website
www.victoriaelectric.coopNTEE Category
Code: W80 - Public benefit
If you are a representative of Victoria 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.