Overview
What is Cooke County Electric Cooperative Association?
Cooke County Electric Cooperative Association, also known as Pentex Energy, is a nonprofit organization committed to delivering quality and dependable electric services to its members. They operate on a cooperative basis, ensuring cost-effective energy solutions for their community. Pentex Energy sells electric energy to its 17,643 active members using patronage capital allocation. Their mission revolves around providing reliable energy and proven services to their cooperative members.
Official website here: www.pentex.com
Is Cooke County Electric Cooperative Association legitimate?
Cooke County Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cooke County Electric Cooperative Association 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: $668,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,077,296
For more financial information, click here
Official website here: www.pentex.com
What is the mission statement of Cooke County Electric Cooperative Association?
The Cooke County Electric Cooperative Association focuses on delivering quality and reliable electric service to its members at cost on a cooperative basis. By providing dependable energy and proven solutions, the organization ensures that its members receive essential electric needs. With over 17,000 active services, the cooperative achieves its mission by selling electric energy through patronage capital allocation. The association's commitment to its members extends beyond electricity, offering them a sense of unity and contribution to the cooperative's operations. Through its cooperative structure, Cooke County Electric Cooperative Association empowers its members with affordable access to reliable electric service.
Official website here: www.pentex.com
Who is the CEO of Cooke County Electric Cooperative Association?
Neil Hesse is the President of Cooke County Electric Cooperative Association.
Official website here: www.pentex.com
What is the revenue of Cooke County Electric Cooperative Association?
Cooke County Electric Cooperative Association's revenue in 2022 was $60,601,561.
Official website here: www.pentex.com
Who are the executives of Cooke County Electric Cooperative Association and what are their salaries?
The average compensation at Cooke County Electric Cooperative Association during 2022 was $52,021. There are 72 employees at Cooke County Electric Cooperative Association.
Here are 12 key members and their salaries:
- Compensation: $30,198
- Related: $0
- Other: $0
- Compensation: $31,923
- Related: $0
- Other: $0
- Compensation: $27,840
- Related: $0
- Other: $0
- Compensation: $27,648
- Related: $0
- Other: $0
- Compensation: $29,398
- Related: $0
- Other: $0
- Compensation: $196,123
- Related: $0
- Other: $129,403
- Compensation: $121,431
- Related: $0
- Other: $74,219
- Compensation: $126,559
- Related: $0
- Other: $82,512
- Compensation: $119,878
- Related: $0
- Other: $44,225
- Compensation: $102,340
- Related: $0
- Other: $48,187
- Compensation: $105,968
- Related: $0
- Other: $60,024
- Compensation: $112,444
- Related: $0
- Other: $51,110
Official website here: www.pentex.com
Where can I find the form 990 for Cooke County Electric Cooperative Association?
Cooke County Electric Cooperative Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pentex.com
Learn more at the official website: www.pentex.com
Mission Statement of Cooke County Electric Cooperative Association
Cooke County Electric Cooperative Association, also known as Pentex Energy, is a mission-driven organization dedicated to delivering top-notch and dependable electric services to its members on a cooperative basis. The cooperative prides itself on providing members with energy that is both reliable and proven. In operation, Pentex Energy sells electric energy to its 17,643 active services at year end, all while maintaining a cooperative business model.
At the heart of Cooke County Electric Cooperative Association's mission is the commitment to put the needs of its members first. By offering electric services on a cooperative basis, Pentex Energy ensures that its members receive the electricity they need at cost-effective prices. This dedication to affordability and reliability is a cornerstone of the cooperative's identity.
Pentex Energy's operations are centered around providing dependable energy to its members. The cooperative's unwavering commitment to reliability is evident in its efforts to ensure a consistent power supply. The company's commitment to proven service extends beyond the physical delivery of electricity. Pentex Energy's customer service and support are designed to provide members with a positive experience, ensuring their needs are met efficiently and effectively. The cooperative's mission to provide quality and reliable electric service to its members at cost on a cooperative basis is a guiding principle that shapes its every action.
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Impact
October, 2024
Cooke County Electric Cooperative Association significantly impacts its community by delivering quality and reliable electric service to its members at cost. By prioritizing a cooperative approach, it ensures that the energy needs of its members are met effectively and economically. With 17,643 active services, the cooperative not only provides essential power but also fosters a sense of community ownership and participation among its members. The allocation of patronage capital further empowers members, allowing for a direct stake in the cooperative's financial health. Overall, Cooke County Electric Cooperative enhances the quality of life in Muenster, TX, through dependable energy solutions and community-oriented service.
This information is meant to be a general summary of Cooke County Electric Cooperative Association. 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: $106,918
- Program Service Revenue: $60,437,225
- Gross Receipts: $60,626,717
Assets and Liabilities:
- Total Assets: $97,556,614
- Total Liabilities: $13,399,037
- Net Assets: $84,157,577
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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
$60,281,091
PATRONAGE DIVIDENDS
Revenue
$119,934
SERVICE FEES
Revenue
$36,200
Organization Details
Founding Year
1938
Phone
(940) 759-2211Principal Officer
Neil Hesse
Main Address
PO DRAWER 530, MUENSTER, TX, 76252
Website
www.pentex.comIf you are a representative of Cooke County Electric Cooperative Association 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.