Overview
What is Lamar County Electric Cooperative Association?
Lamar County Electric Cooperative Association, also known as Lamar Electric Cooperative, is a nonprofit organization headquartered in Blossom, Texas. With a workforce of 41 employees, the cooperative's primary mission is to provide reliable and quality electric service to its members. At the end of the year, they delivered electricity to 13,417 active services on a cooperative basis, allocating patronage capital. Their commitment extends beyond just electricity; they aim for top-notch customer service and integrity in all cooperative endeavors.
Official website here: www.lamarelectric.coop
What are the reviews and ratings of this charity?
Lamar County Electric Cooperative Association is not currently rated by Charity Navigator, as the organization has yet to be evaluated under their new beacons system which includes Accountability & Finance and Impact & Measurement. The absence of a rating does not imply any positive or negative assessment.
The lack of historical ratings mainly stems from the fact that Charity Navigator only evaluates 501(c)(3) organizations, and Lamar County Electric Cooperative does not fall under this category based on its foundation status. Currently, there is also no available data on its revenue, expenses, or key personnel salaries, as electronically-filed Form 990 data is required for such an evaluation.
No user reviews are available from GreatNonprofits for Lamar County Electric Cooperative Association. Therefore, overall sentiment or feedback from individuals engaging with the organization remains undocumented in the provided data.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lamar County Electric Cooperative Association?
78% of 94 reviewers on Facebook recommend Lamar County Electric Cooperative Association. Here is a summary of their reviews:
While there are some satisfied customers appreciating the services provided, there are notable criticisms regarding pricing and choice. Some users express frustration over high bills and a lack of flexibility in service options. The sentiment reflects a mixed experience, with a portion of the community feeling that improvements are needed to better meet their needs and expectations.
Overall, it seems that while the cooperative has a supportive base, challenges in pricing and service selection remain a concern for some users.
This AI summary has been generated from reviews found on Facebook.
Is Lamar County Electric Cooperative Association legitimate?
Lamar County Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lamar 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: $1,240,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,206,175
For more financial information, click here
Official website here: www.lamarelectric.coop
What is the mission statement of Lamar County Electric Cooperative Association?
Lamar County Electric Cooperative Association is dedicated to delivering quality and dependable electric service to its cooperative members. The cooperative's primary responsibility and goal is to provide top-notch customer service, reflected in the provision of excellent electric service, reliable power supply, affordable rates, strong employee teamwork, and a commitment to integrity in all cooperative endeavors. Through these efforts, the cooperative successfully supplied electricity to over 13,000 active services at the end of the previous year.
Official website here: www.lamarelectric.coop
Who is the CEO of Lamar County Electric Cooperative Association?
Bryan Story is the Executive Vice President of Lamar County Electric Cooperative Association. The CEO's salary of Lamar County Electric Cooperative Association is $158,477 and their total compensation is $214,722.
Official website here: www.lamarelectric.coop
What is the revenue of Lamar County Electric Cooperative Association?
Lamar County Electric Cooperative Association's revenue in 2022 was $28,280,348.
Official website here: www.lamarelectric.coop
Who are the executives of Lamar County Electric Cooperative Association and what are their salaries?
The average compensation at Lamar County Electric Cooperative Association during 2022 was $59,665. There are 41 employees at Lamar County Electric Cooperative Association.
Here are 16 key members and their salaries (Lamar County Electric Cooperative Association's CEO's salary is $158,477 and their total compensation is $214,722):
- Compensation: $164,610
- Related: $0
- Other: $121,216
- Compensation: $130,110
- Related: $0
- Other: $93,369
- Compensation: $158,477
- Related: $0
- Other: $56,245
- Compensation: $138,305
- Related: $0
- Other: $71,007
- Compensation: $108,797
- Related: $0
- Other: $53,688
- Compensation: $109,692
- Related: $0
- Other: $50,471
- Compensation: $140,712
- Related: $0
- Other: $15,217
- Compensation: $4,600
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $4,200
- Related: $0
- Other: $0
- Compensation: $4,200
- Related: $0
- Other: $0
- Compensation: $4,200
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
Official website here: www.lamarelectric.coop
Where can I find the form 990 for Lamar County Electric Cooperative Association?
Lamar County Electric Cooperative Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lamarelectric.coop
Learn more at the official website: www.lamarelectric.coop
Mission Statement of Lamar County Electric Cooperative Association
Lamar Electric Cooperative Association, a cooperative dedicated to delivering quality and reliable electric service, is committed to providing excellent and innovative customer service. Reflecting in its top-notch electric service, reliability, affordable rates, teamwork among employees, and unwavering integrity, the cooperative aims to go above and beyond for its members. Serving over 13,400 active services at year end, Lamar Electric Cooperative Association distributes electricity cooperatively through the allocation of patronage capital.
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Impact
October, 2024
Lamar County Electric Cooperative Association significantly impacts its community by delivering quality and reliable electric service to its members. Serving 13,417 active services, the cooperative focuses on providing electricity on a cooperative basis, ensuring that its operations translate into tangible benefits for the local community.
The organization prioritizes excellent and innovative customer service, striving for top-notch electric service and reliability, while maintaining affordable rates. Their emphasis on employee teamwork and integrity in all endeavors fosters a strong sense of community and trust among members. This commitment not only enhances the quality of life for residents but also supports local economic development by ensuring consistent and dependable electricity access.
This information is meant to be a general summary of Lamar 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: $89,330
- Program Service Revenue: $28,222,451
- Gross Receipts: $28,316,546
Assets and Liabilities:
- Total Assets: $60,876,804
- Total Liabilities: $31,808,317
- Net Assets: $29,068,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC ENERGY SALES
Revenue
$27,654,276
PATRONAGE DIVIDENDS
Revenue
$159,768
SERVICE CHARGES
Revenue
$108,848
ELECTRIC WHEELING
Revenue
$299,559
Organization Details
Founding Year
1938
Phone
(903) 784-4303Principal Officer
Bryan Story
Main Address
PO Box 68, Blossom, TX, 754160068
Website
www.lamarelectric.coopNTEE Category
Code: W80 - Public benefit
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