Rita Blanca 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: 750712525 ✦ Dalhart, TX ✦ Designated as a 501(c)(12)

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Overview

What is Rita Blanca Electric Cooperative Inc?

Rita Blanca Electric Cooperative Inc is a nonprofit organization dedicated to providing Electric power to rural areas on a cooperative basis. Their mission encompasses excellent customer service, demonstrated through reliable Electric service and affordable rates. Teamwork among employees and maintaining a high level of integrity are also integral parts of their endeavors. By offering Electric power to rural communities at cost, this Cooperative aims to make a positive impact on the lives of its members.


Official website here: www.ritablancaelectric.com

What are the reviews and ratings of this charity?

Rita Blanca Electric Cooperative Inc is not currently rated by Charity Navigator. This lack of a rating stems from the organization's status, as it is not registered as a 501(c)(3) charity, which precludes it from being evaluated using Charity Navigator's standard methodologies. The absence of a rating does not necessarily imply any inherent positives or negatives about the cooperative; it simply indicates that standard evaluation metrics cannot be applied.

The organization is classified as an independent entity, suggesting it operates without affiliations to other umbrella organizations. Previously, charities with historical ratings were assessed mainly on accountability and financial stability. However, recent methods of evaluation, such as Leadership & Adaptability or Impact & Measurement, cannot be applied to Rita Blanca Electric Cooperative since these require a 501(c)(3) status.

Currently, no user reviews are available on GreatNonprofits for Rita Blanca Electric Cooperative Inc. Without these consumer insights, a broader perspective of public opinion is not accessible. This lack of feedback further reflects the limitations in providing a comprehensive assessment of the organization’s functionality or community impact.


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

Is Rita Blanca Electric Cooperative Inc legitimate?

Rita Blanca Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rita Blanca 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: $1,117,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,367,377

For more financial information, click here


Official website here: www.ritablancaelectric.com

What is the mission statement of Rita Blanca Electric Cooperative Inc?

The Rita Blanca Electric Cooperative Inc is dedicated to delivering electric power to rural communities on a cooperative basis. With a strong commitment to customer service, the cooperative strives for top-quality electric service reliability and affordable rates. Employee teamwork and integrity are at the heart of all the cooperative's endeavors as they work towards providing electricity to rural areas.


Official website here: www.ritablancaelectric.com

Who is the CEO of Rita Blanca Electric Cooperative Inc?

Brent Wheeler is the Chairman of Rita Blanca Electric Cooperative Inc.


Official website here: www.ritablancaelectric.com

What is the revenue of Rita Blanca Electric Cooperative Inc?

Rita Blanca Electric Cooperative Inc's revenue in 2022 was $90,529,191.


Official website here: www.ritablancaelectric.com

Who are the executives of Rita Blanca Electric Cooperative Inc and what are their salaries?

The average compensation at Rita Blanca Electric Cooperative Inc during 2022 was $63,725. There are 39 employees at Rita Blanca Electric Cooperative Inc.


Here are 18 key members and their salaries:


Carl D Finch (Chairman)
  • Compensation: $27,271
  • Related: $0
  • Other: $0
Brad Green (Director)
  • Compensation: $27,421
  • Related: $0
  • Other: $0
Carl J Kuper Jan-Mar (Director)
  • Compensation: $4,725
  • Related: $0
  • Other: $0
Bradley Mcbryde (Vice Chairman)
  • Compensation: $29,491
  • Related: $0
  • Other: $0
David Higgins (Director)
  • Compensation: $30,280
  • Related: $0
  • Other: $0
Darren Stallwitz (Director)
  • Compensation: $21,045
  • Related: $0
  • Other: $0
Shad Mcdaniel (Director)
  • Compensation: $20,501
  • Related: $0
  • Other: $0
Brent Spurlock (Secretary/Treasurer)
  • Compensation: $29,491
  • Related: $0
  • Other: $0
Chris Sheldon (Director)
  • Compensation: $25,310
  • Related: $0
  • Other: $0
Wade Lenz April-Dec (Director)
  • Compensation: $25,248
  • Related: $0
  • Other: $0
Brent Wheeler (General Manager)
  • Compensation: $262,263
  • Related: $0
  • Other: $109,892
Tracy Howell (Outside Operations Manager)
  • Compensation: $180,044
  • Related: $0
  • Other: $68,074
Graciela Subealdea (Inside Operations Manager)
  • Compensation: $166,983
  • Related: $0
  • Other: $89,848
Larry Aragon (Lineman)
  • Compensation: $123,065
  • Related: $0
  • Other: $69,094
Dale Cleavinger (Service Crew)
  • Compensation: $111,474
  • Related: $0
  • Other: $67,087
Shaun Scofield (Lineman)
  • Compensation: $122,971
  • Related: $0
  • Other: $62,988
John Pope (Lineman)
  • Compensation: $127,718
  • Related: $0
  • Other: $57,067
Reynold Martinez (Lineman)
  • Compensation: $119,384
  • Related: $0
  • Other: $73,914


Official website here: www.ritablancaelectric.com

Where can I find the form 990 for Rita Blanca Electric Cooperative Inc?

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


Official website here: www.ritablancaelectric.com

Learn more at the official website: www.ritablancaelectric.com

Mission Statement of Rita Blanca Electric Cooperative Inc

Rita Blanca Electric Cooperative Inc, a cooperative organization, is dedicated to the mission of providing Electric power to rural communities at an affordable cost. This mission is grounded in the Cooperative's commitment to delivering excellent and innovative customer service.

The Cooperative's top priority is to ensure top-quality Electric service reliability for its members. It strives to offer reasonable rates, making electricity accessible to those living in rural areas. Employee teamwork is another essential aspect of the Cooperative's mission, with a focus on maintaining a cohesive and dedicated workforce. Integrity is upheld in all Cooperative endeavors, reflecting the organization's commitment to ethical business practices.

Rita Blanca Electric Cooperative Inc takes pride in its responsibility to provide Electric power to rural communities on a cooperative basis. It is a cooperative undertaking, with the community working together to access this essential service. The Cooperative's dedication to its mission is evident in its pursuit of delivering reliable Electric service and affordable rates to its members, making a significant difference in their lives.

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Impact




October, 2024

Rita Blanca Electric Cooperative Inc plays a vital role in ensuring reliable and affordable electric power delivery to rural areas in and around Dalhart, Texas. By focusing on a cooperative model, the organization emphasizes community involvement and accountability, allowing members to benefit from cost-effective electricity services.

Their commitment to excellent and innovative customer service is evident in their focus on maintaining high-quality electric service reliability. The cooperative prioritizes employee teamwork and operational integrity, fostering a strong internal culture that translates into better service for the community. By addressing the unique needs of rural residents, Rita Blanca Electric Cooperative Inc not only enhances the quality of life for its members but also supports economic development in the region.

This commitment to providing electric power at cost enables families and businesses in rural areas to thrive, ultimately contributing to the social and economic fabric of the community.




This information is meant to be a general summary of Rita Blanca 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
$90,529,191 (2022)
Expenses
$90,539,100 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $384,142
  • Program Service Revenue: $90,140,936
  • Gross Receipts: $90,530,543

Assets and Liabilities:

  • Total Assets: $130,821,379
  • Total Liabilities: $26,546,096
  • Net Assets: $104,275,283

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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

$88,048,674

PATRONAGE DIVIDENDS

Revenue

$1,954,194

SERVICE FEES

Revenue

$138,068

Organization Details

Founding Year

1945

Principal Officer

Brent Wheeler

Main Address

PO BOX 1947, DALHART, TX, 790225947

NTEE Category

Code: W80 - Public benefit

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