Upshur-Rural Electric Cooperative Corporation

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

EIN: 750628787 ✦ Gilmer, TX ✦ Designated as a 501(c)(12)

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Overview

What is Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation (URECC) is a nonprofit organization dedicated to delivering affordable and dependable electric energy to its members and the communities they serve in Texas. With a team of 125 employees, they prioritize sound economic principles, safety, and quality management in their operations. Their mission is to ensure the accessibility of electric energy in a responsible and sustainable manner. URECC's commitment extends beyond providing energy, aiming to maintain a positive impact on the local community.


Official website here: www.urecc.coop

What are the reviews and ratings of this charity?

Upshur-Rural Electric Cooperative Corporation is not currently rated by Charity Navigator. This absence of a rating results from the organization's classification; it is not a 501(c)(3) IRS registered nonprofit, which makes it unassessable by Charity Navigator's standard methodologies. Ratings typically incorporate various aspects such as Accountability & Finance, Impact & Measurement, and others, thus a lack of a rating isn't indicative of the cooperative's performance.

Charity Navigator generally provides evaluations for 501(c)(3) organizations, focusing on detailed financial data like total revenue, expenses, and key personnel salaries, none of which are publicly shared for this cooperative due to its differing nonprofit status. This means that the usual detailed breakdown available for 501(c)(3) nonprofits is not applicable in this case.

Since there are no user reviews available on GreatNonprofits, further qualitative analysis based on user-feedback isn't available. The lack of reviews doesn’t necessarily reflect the public's opinion or the impact of the organization but rather suggests that additional sources may need to be consulted for a more comprehensive understanding.


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

Is Upshur-Rural Electric Cooperative Corporation legitimate?

Upshur-Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Upshur-Rural Electric Cooperative Corporation 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: $1,426,278
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.urecc.coop

What is the mission statement of Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation (URECC) is dedicated to delivering affordable and dependable electric energy to its members and the communities they serve. The corporation prioritizes sound economic principles, safety measures, and quality management to ensure the delivery of reliable power. URECC's mission is centered around providing essential electric energy while maintaining a strong commitment to the wellbeing of its community. The organization's efforts aim to create a sustainable energy infrastructure that supports the needs of its members and fosters growth within the communities it serves. URECC is dedicated to delivering electric energy with a focus on affordability, reliability, and consistent management practices.


Official website here: www.urecc.coop

Who is the CEO of Upshur-Rural Electric Cooperative Corporation?

Robert A Walker Jr is the Ceo of Upshur-Rural Electric Cooperative Corporation. The CEO's salary of Upshur-Rural Electric Cooperative Corporation is $297,093 and their total compensation is $371,861.


Official website here: www.urecc.coop

What is the revenue of Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation's revenue in 2022 was $129,741,762.


Official website here: www.urecc.coop

Who are the executives of Upshur-Rural Electric Cooperative Corporation and what are their salaries?

The average compensation at Upshur-Rural Electric Cooperative Corporation during 2022 was $11,410. There are 125 employees at Upshur-Rural Electric Cooperative Corporation.


Here are 15 key members and their salaries (Upshur-Rural Electric Cooperative Corporation's CEO's salary is $297,093 and their total compensation is $371,861):


Robert A Walker Jr (Ceo)
  • Compensation: $297,093
  • Related: $0
  • Other: $74,768
Billy J Schuler (Serviceman)
  • Compensation: $149,459
  • Related: $0
  • Other: $37,595
Damon G Means (Director Of Financial Services)
  • Compensation: $135,365
  • Related: $0
  • Other: $46,330
Melissa D Reeves (Director Of Business Services)
  • Compensation: $134,584
  • Related: $0
  • Other: $40,990
Jacob W Fielden (Serviceman)
  • Compensation: $136,930
  • Related: $0
  • Other: $30,116
Jonathan Hector (Foreman)
  • Compensation: $129,788
  • Related: $0
  • Other: $28,860
Jonathan Hunt (Director)
  • Compensation: $22,400
  • Related: $0
  • Other: $0
Frankie B King (President, Board Of Directors)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Robert A Branham (Vice-President, Board Of Directors)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Charles H Whiteside (Director)
  • Compensation: $21,100
  • Related: $0
  • Other: $0
Samuel Rex Youngblood (Assistant Secretary-Treasurer, Board Of Directors)
  • Compensation: $20,600
  • Related: $0
  • Other: $0
R Cody Newman (Director)
  • Compensation: $20,400
  • Related: $0
  • Other: $0
Sherry Morgan (Secretary-Treasurer, Board Of Directors)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Henry Jackson (Director)
  • Compensation: $18,400
  • Related: $0
  • Other: $0
J P Abernathy (Director)
  • Compensation: $18,300
  • Related: $0
  • Other: $0


Official website here: www.urecc.coop

Where can I find the form 990 for Upshur-Rural Electric Cooperative Corporation?

Upshur-Rural Electric Cooperative Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.urecc.coop

Learn more at the official website: www.urecc.coop

Mission Statement of Upshur-Rural Electric Cooperative Corporation

Upshur-Rural Electric Cooperative Corporation (URECC) is dedicated to delivering affordable and dependable electric energy to its members and the communities it serves. The cooperative's mission is anchored in the principles of sound economy, safety, and quality management. URECC's unwavering commitment to its members extends beyond just providing electricity. It strives to ensure that the energy it delivers is both economically feasible for its members and consistent with the highest safety and quality standards. By doing so, URECC fosters a strong sense of trust and reliability within the communities it serves. The cooperative's mission is not merely a goal, but a guiding principle that drives its daily operations and decisions. Through its consistent efforts, URECC has built a reputation for delivering dependable and affordable electric energy, making it an essential partner to the communities it serves.

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Impact




October, 2024

Upshur-Rural Electric Cooperative Corporation (URECC) plays a vital role in delivering affordable and reliable electric energy to its members and the surrounding communities. Based in Gilmer, Texas, URECC prioritizes sound economic practices, safety, and quality management in its operations. By providing essential electric services, URECC fosters economic growth and stability in the region, ensuring that residents and businesses have access to the energy they need to thrive. Additionally, the cooperative's commitment to community welfare enhances the quality of life for its members, making it a cornerstone of the local infrastructure.




This information is meant to be a general summary of Upshur-Rural Electric Cooperative Corporation. 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
$129,741,762 (2022)
Expenses
$129,741,762 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $267,544
  • Program Service Revenue: $127,930,160
  • Gross Receipts: $129,760,052

Assets and Liabilities:

  • Total Assets: $262,178,131
  • Total Liabilities: $136,156,455
  • Net Assets: $126,021,676

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Programs

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

Sale of Electricity to members

Revenue

$127,930,160

Organization Details

Founding Year

1937

Principal Officer

Robert A Walker Jr

Main Address

PO Box 70, Gilmer, TX, 75644

NTEE Category

Code: W80 - Public benefit

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