Rusk County Electric Cooperative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 750535849 ✦ Henderson, TX ✦ Designated as a 501(c)(12)

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Overview

What is Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc is a nonprofit organization based in Henderson, Texas. With a mission to enhance the quality of life for over 15,000 cooperative members, the cooperative provides reliable, efficient, and economical electrical energy and services. Established with the goal of delivering essential power, RCEC currently employs 76 individuals to ensure the reliable operation of its services.


Official website here: www.rcelectric.org

What are the reviews and ratings of this charity?

Rusk County Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating does not suggest a positive or negative evaluation but rather stems from the organization's classification. As a cooperative, it is not registered as a 501(c)(3) charitable organization, which is a prerequisite for Charity Navigator’s assessment.

Without a rating, details such as Total Revenue, Expenses, and Key Personnel Salary are not available. Historically, Charity Navigator ratings primarily focused on Accountability and Finance. However, due to the lack of a 501(c)(3) designation, the cooperative cannot be evaluated using more modern metrics like Impact & Measurement or Leadership & Adaptability.

There are no user reviews available on GreatNonprofits for Rusk County Electric Cooperative Inc. This absence of user feedback may make it challenging to gain direct insights into the firsthand experiences of stakeholders or beneficiaries of the cooperative.


This AI summary has been generated from information found on Charity Navigator.

Is Rusk County Electric Cooperative Inc legitimate?

Rusk County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rusk 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: $646,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rcelectric.org

What is the mission statement of Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc's mission is focused on delivering reliable, efficient, and economical electrical energy services to enhance the quality of life of its over 15,000 cooperative members. The organization prioritizes the provision of these essential services to its customer base, emphasizing the importance of each member's experience. By doing so, RCEC contributes significantly to the daily lives of its community, ensuring that they have access to the electricity they need to thrive.


Official website here: www.rcelectric.org

Who is the CEO of Rusk County Electric Cooperative Inc?

Kenneth Keeling is the President of Rusk County Electric Cooperative Inc.


Official website here: www.rcelectric.org

What is the revenue of Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc's revenue in 2022 was $74,144,265.


Official website here: www.rcelectric.org

Who are the executives of Rusk County Electric Cooperative Inc and what are their salaries?

The average compensation at Rusk County Electric Cooperative Inc during 2022 was $8,505. There are 76 employees at Rusk County Electric Cooperative Inc.


Here are 14 key members and their salaries:


Rhett Reid (General Manager)
  • Compensation: $204,655
  • Related: $0
  • Other: $141,948
Belinda Kern (Mngr Of Off. Serv.)
  • Compensation: $130,852
  • Related: $0
  • Other: $144,469
Jim Dickeson (Operations Manager)
  • Compensation: $133,453
  • Related: $0
  • Other: $124,720
Garrett Combs (Line Superintenden)
  • Compensation: $164,375
  • Related: $0
  • Other: $65,319
Philip Whitley (Finance Manager)
  • Compensation: $129,668
  • Related: $0
  • Other: $75,139
Ruben Contreras (Crew Foreman)
  • Compensation: $132,010
  • Related: $0
  • Other: $66,554
John Seale (Serviceman)
  • Compensation: $128,415
  • Related: $0
  • Other: $61,144
Kenneth Keeling (President)
  • Compensation: $36,126
  • Related: $0
  • Other: $0
Richard Hacker (Director)
  • Compensation: $34,926
  • Related: $0
  • Other: $0
Emily Whitworth (Secretary Treas)
  • Compensation: $34,726
  • Related: $0
  • Other: $0
Sam Allison (Director)
  • Compensation: $27,693
  • Related: $0
  • Other: $0
Jay Innerarity (Vice President)
  • Compensation: $24,298
  • Related: $0
  • Other: $0
Nora Tipps (Director)
  • Compensation: $8,205
  • Related: $0
  • Other: $0
Tony Cavaliere (Asst. Sec/Treas)
  • Compensation: $6,650
  • Related: $0
  • Other: $0


Official website here: www.rcelectric.org

Where can I find the form 990 for Rusk County Electric Cooperative Inc?

Rusk County Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rcelectric.org

Learn more at the official website: www.rcelectric.org

Mission Statement of Rusk County Electric Cooperative Inc

Rusk County Electric Cooperative Inc, also known as RCEC, is a mission-driven organization that strives to deliver dependable, efficient, and economical electrical energy services to more than 15,000 cooperative members. The cooperative's ultimate goal is to enhance the quality of life for its customers by ensuring a steady electricity supply that powers their daily needs.

At the heart of RCEC's operations is a commitment to reliability. The cooperative understands the importance of electricity in the modern world and works tirelessly to maintain an uninterrupted power supply. By providing economical services, the cooperative makes access to electricity affordable for its members, ensuring they can enjoy the essential conveniences of modern living.

Rusk County Electric Cooperative Inc's team of dedicated professionals works diligently to meet the electricity demands of its diverse membership base. Through their efforts, the cooperative has successfully provided electrical energy to over 15,000 individuals and families, empowering them with the resources they need to thrive in their communities. The cooperative's unwavering dedication to its mission has earned it a reputation as a trusted energy partner and a vital contributor to the quality of life of its members.

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Impact




October, 2024

Rusk County Electric Cooperative Inc significantly enhances the quality of life for its members by providing reliable, efficient, and economical electrical energy and services. Serving over 15,000 cooperative members in Henderson, Texas, RCEC plays a crucial role in ensuring that residents have access to essential energy services that meet their needs. This access not only supports daily activities and economic development but also fosters community growth and sustainability. By prioritizing customer satisfaction and service reliability, RCEC helps to create a better living environment for its members and contributes to the overall well-being of the region.




This information is meant to be a general summary of Rusk 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.

Revenue
$74,144,265 (2022)
Expenses
$74,144,265 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $133,575
  • Program Service Revenue: $73,889,883
  • Gross Receipts: $74,156,387

Assets and Liabilities:

  • Total Assets: $137,864,154
  • Total Liabilities: $61,605,677
  • Net Assets: $76,258,477

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATRONAGE CAPITAL

Revenue

$683,657

SALE OF ELECTRICITY

Revenue

$73,206,226

Organization Details

Founding Year

1938

Principal Officer

Kenneth Keeling

Main Address

PO Box 1169, Henderson, TX, 75653

NTEE Category

Code: W80 - Public benefit

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