Overview
What is Sam Rayburn Dam Electric Cooperativ?
Sam Rayburn Dam Electric Cooperative is a public utilities organization, headquartered in Nacogdoches, Texas. Their primary function is to provide electrical power to their member base. As a cooperative, they operate with a mission to serve their community, selling electricity as their main service. This nonprofit organization plays a crucial role in ensuring a reliable source of power for its members, contributing to their daily lives and local economy.
Is Sam Rayburn Dam Electric Cooperativ legitimate?
Sam Rayburn Dam Electric Cooperativ is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sam Rayburn Dam Electric Cooperativ 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.
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What is the mission statement of Sam Rayburn Dam Electric Cooperativ?
The mission of Sam Rayburn Dam Electric Cooperativ, as a public utilities organization, is primarily focused on selling electrical power to its members. The cooperative's operations are centered around providing this essential service, contributing to the electricity needs of its community. While the provided information does not specify any additional goals or objectives, it implies that the cooperative serves its members by supplying them with electrical power.
Who is the CEO of Sam Rayburn Dam Electric Cooperativ?
Mark Tamplin is the President of Sam Rayburn Dam Electric Cooperativ.
What is the revenue of Sam Rayburn Dam Electric Cooperativ?
Sam Rayburn Dam Electric Cooperativ's revenue in 2022 was $4,614,067.
Who are the executives of Sam Rayburn Dam Electric Cooperativ and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Sam Rayburn Dam Electric Cooperativ?
Sam Rayburn Dam Electric Cooperativ's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sam Rayburn Dam Electric Cooperativ
Sam Rayburn Dam Electric Cooperative, as a mission-driven entity, is dedicated to supplying electrical power to its members. This cooperative functions as a public utilities organization, serving its members with electricity needs. Its primary activity revolves around the sale of electrical power, ensuring a reliable energy source for its member base.
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Impact
October, 2024
Sam Rayburn Dam Electric Cooperative plays a crucial role in providing reliable electrical power to its members in Nacogdoches, TX. By operating as a public utility organization, it ensures access to energy for local residents and businesses, contributing to the overall economic stability and growth of the community. This cooperative model emphasizes community engagement and member ownership, fostering a sense of shared purpose among its users. The sale of electrical power not only supports everyday activities but also enhances the quality of life by facilitating education, healthcare, and local industry operations. Through its operations, Sam Rayburn Dam Electric Cooperative significantly impacts the social and economic landscape of the region, promoting public benefit and sustainability.
This information is meant to be a general summary of Sam Rayburn Dam Electric Cooperativ. 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: $275
- Program Service Revenue: $4,563,792
- Gross Receipts: $4,614,067
Assets and Liabilities:
- Total Assets: $6,048,654
- Total Liabilities: $477,177
- Net Assets: $5,571,477
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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
$4,563,792
Organization Details
Founding Year
1963
Phone
(936) 560-9532Principal Officer
Mark Tamplin
Main Address
P O BOX 631623, NACOGDOCHES, TX, 759631623
NTEE Category
Code: W80 - Public benefit
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