Overview
What is Wharton County Electric Cooperative Inc?
Wharton County Electric Cooperative Inc is a nonprofit organization based in El Campo, Texas. Their primary mission is to provide affordable and reliable electric energy to their cooperative members. With a team of 40 employees, they aim to deliver essential electric services and contribute positively to the local economy through additional offerings, such as products and services. The cooperative is dedicated to sound economic policies and good management, ensuring they meet the energy needs of their members at the lowest possible cost.
Official website here: www.wcecnet.net
What are the reviews and ratings of this charity?
The Wharton County Electric Cooperative Inc is currently not rated by Charity Navigator due to its status as a non-501(c)(3) organization. Charity Navigator typically evaluates non-profit organizations registered as 501(c)(3) for operational and financial transparency, which this cooperative does not qualify for under the current criteria.
Despite the absence of a rating, this does not inherently indicate a positive or negative view of the cooperative. Historically, ratings primarily reflected accountability and financial health based on available data. However, with no data for revenue, expenses, or salaries, even a basic financial assessment is unavailable.
With no user reviews from GreatNonprofits, there is limited anecdotal insight into public perception or user satisfaction. The lack of reviews or ratings generally suggests that further information might be beneficial to gauge the organization's community impact or operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Wharton County Electric Cooperative Inc legitimate?
Wharton County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wharton County 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: $355,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $581,531
For more financial information, click here
Official website here: www.wcecnet.net
What is the mission statement of Wharton County Electric Cooperative Inc?
The Wharton County Electric Cooperative Inc is dedicated to providing economical and reliable electric energy service to its members. The organization is committed to offering not just electricity, but also products, services, and leadership that will have a positive impact on the local economy. Its exempt purpose is to ensure the delivery of dependable electric power to cooperative members at the most affordable cost, consistent with sound economic policies and good management. The cooperative aims to contribute to the community's prosperity by providing essential energy services while maintaining a strong focus on efficiency and affordability.
Official website here: www.wcecnet.net
Who is the CEO of Wharton County Electric Cooperative Inc?
Gary Raybon is the Gm/Ceo of Wharton County Electric Cooperative Inc. The CEO's salary of Wharton County Electric Cooperative Inc is $207,038 and their total compensation is $287,658.
Official website here: www.wcecnet.net
What is the revenue of Wharton County Electric Cooperative Inc?
Wharton County Electric Cooperative Inc's revenue in 2022 was $28,692,151.
Official website here: www.wcecnet.net
Who are the executives of Wharton County Electric Cooperative Inc and what are their salaries?
The average compensation at Wharton County Electric Cooperative Inc during 2022 was $23,435. There are 40 employees at Wharton County Electric Cooperative Inc.
Here are 17 key members and their salaries (Wharton County Electric Cooperative Inc's CEO's salary is $207,038 and their total compensation is $287,658):
- Compensation: $207,038
- Related: $0
- Other: $80,620
- Compensation: $150,979
- Related: $0
- Other: $63,920
- Compensation: $112,533
- Related: $0
- Other: $53,545
- Compensation: $108,560
- Related: $0
- Other: $42,068
- Compensation: $104,457
- Related: $0
- Other: $40,950
- Compensation: $105,002
- Related: $0
- Other: $38,452
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $8,800
- Related: $0
- Other: $0
- Compensation: $7,900
- Related: $0
- Other: $0
- Compensation: $7,700
- Related: $0
- Other: $0
- Compensation: $7,300
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
Official website here: www.wcecnet.net
Where can I find the form 990 for Wharton County Electric Cooperative Inc?
Wharton County Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wcecnet.net
Learn more at the official website: www.wcecnet.net
Mission Statement of Wharton County Electric Cooperative Inc
Wharton County Electric Cooperative Inc, a not-for-profit organization, is committed to providing economical and reliable electric energy service to its members. The Cooperative's ultimate goal is to positively influence the economy of the area it serves through the provision of products, services, and sound leadership.
The mission of Wharton County Electric Cooperative Inc is multifaceted. At its core, the organization works to ensure dependable electric energy for its cooperative members at the most affordable cost possible. Wharton County Electric Cooperative Inc believes in the importance of sound economic policies and good management in achieving this goal.
In addition to delivering electric energy, Wharton County Electric Cooperative Inc strives to make a positive impact on its community's economy. The Cooperative achieves this by offering a range of products, services, and leadership that cater to the needs of its members and contribute to the overall economic growth of the region. By prioritizing both affordability and economic development, Wharton County Electric Cooperative Inc sets itself apart as a forward-thinking and innovative organization.
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Impact
October, 2024
Wharton County Electric Cooperative Inc plays a crucial role in enhancing the quality of life for its members and the broader community in El Campo, Texas. By delivering economical and reliable electric energy services, the cooperative ensures that the local population and businesses have access to essential power resources at the lowest possible cost. This commitment not only stabilizes energy expenses for its members but also encourages economic growth by attracting businesses that rely on dependable energy supply.
Furthermore, the cooperative actively contributes to the area's economic vitality by providing products, services, and leadership that foster development. Its presence helps cultivate a supportive environment where both individuals and businesses can thrive, ultimately leading to improved local employment opportunities and community well-being. The focus on sound economic policies and management practices means that Wharton County Electric Cooperative Inc is not just a service provider but also a partner in the sustainable development of the region.
This information is meant to be a general summary of Wharton County 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: $884,127
- Program Service Revenue: $27,304,011
- Gross Receipts: $28,692,151
Assets and Liabilities:
- Total Assets: $86,677,432
- Total Liabilities: $39,878,766
- Net Assets: $46,798,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$27,304,011
Organization Details
Founding Year
1938
Phone
(979) 543-6271Principal Officer
Gary Raybon
Main Address
P O BOX 31, EL CAMPO, TX, 77437
Website
www.wcecnet.netNTEE Category
Code: W80 - Public benefit
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