Overview
What is Houston County Electric Cooperative Inc?
Based in Crockett, Texas, Houston County Electric Cooperative Inc is a nonprofit organization dedicated to bringing reliable electricity to rural communities on a cooperative basis. With 81 employees, they focus on delivering affordable electric services to their customers. Beyond electricity, they contribute to the local economy by supporting economic development initiatives. Their mission encompasses both electricity provision and community enhancement.
Official website here: www.houstoncountyelec.com
What are the reviews and ratings of this charity?
Houston County Electric Cooperative Inc is currently not rated by Charity Navigator, due largely to its status as an organization not registered as a 501(c)(3) nonprofit with the IRS. This limits its eligibility for an assessment under various methodologies including Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability.
As the organization is not evaluated, specific financial details such as total revenue, expenses, and salaries of key personnel are unavailable. The absence of a rating does not indicate any specific issues or concerns, rather it reflects the current criteria and requirements necessary for Charity Navigator evaluations, which the cooperative does not meet.
There are no user reviews available from GreatNonprofits, thus public sentiment and user experiences with Houston County Electric Cooperative Inc are not documented in this forum. As a cooperative, its structure and operations may differ from those of traditional nonprofit organizations evaluated by these platforms.
This AI summary has been generated from information found on Charity Navigator.
Is Houston County Electric Cooperative Inc legitimate?
Houston County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Houston 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: $682,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.houstoncountyelec.com
What is the mission statement of Houston County Electric Cooperative Inc?
Houston County Electric Cooperative Inc focuses on delivering dependable electricity to rural communities, operating on a cooperative basis. Beyond providing affordable and reliable electric service, the cooperative contributes to the local economy through community development efforts. The organization's primary mission is to distribute electricity to its members in a cooperative manner. By doing so, they ensure that rural areas have consistent access to electricity, a vital resource for modern life. The cooperative's commitment to the community extends beyond energy distribution, making it an integral part of the areas it serves.
Official website here: www.houstoncountyelec.com
Who is the CEO of Houston County Electric Cooperative Inc?
Dan Cournier is the President of Houston County Electric Cooperative Inc. The CEO's salary of Houston County Electric Cooperative Inc is $198,053 and their total compensation is $198,053.
Official website here: www.houstoncountyelec.com
What is the revenue of Houston County Electric Cooperative Inc?
Houston County Electric Cooperative Inc's revenue in 2022 was $54,115,483.
Official website here: www.houstoncountyelec.com
Who are the executives of Houston County Electric Cooperative Inc and what are their salaries?
The average compensation at Houston County Electric Cooperative Inc during 2022 was $8,431. There are 81 employees at Houston County Electric Cooperative Inc.
Here are 12 key members and their salaries (Houston County Electric Cooperative Inc's CEO's salary is $198,053 and their total compensation is $198,053):
- Compensation: $198,053
- Related: $0
- Other: $0
- Compensation: $127,354
- Related: $0
- Other: $0
- Compensation: $123,335
- Related: $0
- Other: $0
- Compensation: $7,750
- Related: $0
- Other: $0
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $8,600
- Related: $0
- Other: $0
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $7,750
- Related: $0
- Other: $0
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $6,350
- Related: $0
- Other: $0
Official website here: www.houstoncountyelec.com
Where can I find the form 990 for Houston County Electric Cooperative Inc?
Houston County Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houstoncountyelec.com
Learn more at the official website: www.houstoncountyelec.com
Mission Statement of Houston County Electric Cooperative Inc
Houston County Electric Cooperative Inc, a dedicated organization, is committed to delivering reliable electricity to rural communities on a cooperative basis. In addition to ensuring a consistent power supply, the cooperative takes on an essential role in the economic development of the community.
The Cooperative's primary mission lies in the provision of affordable and dependable electric service. By harnessing the power of collective efforts, the organization is able to offer electricity to its members effectively and efficiently. The team at Houston County Electric Cooperative Inc is dedicated to ensuring that every household and business in the community has access to the electricity they need to thrive.
Moreover, the cooperative extends its reach beyond the electrical grid, contributing to the economic growth of the community. Through its commitment to economic development, the organization fosters a strong and vibrant local economy. The specifics of their economic development initiatives are not provided in the given information, but it can be assumed that they contribute positively to the community's overall well-being.
Houston County Electric Cooperative Inc's unwavering dedication to providing reliable electricity and supporting economic development makes it an invaluable asset to its rural community. By working together, the organization and its members ensure a brighter future for all.
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Impact
October, 2024
Houston County Electric Cooperative Inc plays a crucial role in ensuring that residents in rural Texas have access to affordable and reliable electric service. By focusing on the distribution of electricity on a cooperative basis, the organization not only meets the essential energy needs of its customers but also actively contributes to the broader community's economic development.
The cooperative's commitment to providing reliable electricity supports local businesses, enhances quality of life, and promotes growth in areas that may otherwise struggle to attract investment or resources. This dedication helps to create a sustainable environment where residents can thrive, fostering an interconnected community that benefits from modern conveniences and opportunities afforded by consistent power access.
Located in Crockett, Texas, Houston County Electric Cooperative acts as a vital partner in the region, addressing the unique needs of rural customers and ensuring they are not left behind in the pursuit of advancements in energy and economic progress.
This information is meant to be a general summary of Houston 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $279,321
- Program Service Revenue: $53,001,787
- Gross Receipts: $54,239,105
Assets and Liabilities:
- Total Assets: $159,726,259
- Total Liabilities: $84,863,084
- Net Assets: $74,863,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Electricity
Revenue
$53,001,787
Organization Details
Founding Year
1939
Phone
(936) 852-7219Principal Officer
Dan Cournier
Main Address
PO Box 52 - Loop 304 SE, Crockett, TX, 75835
Website
www.houstoncountyelec.comNTEE Category
Code: W80 - Public benefit
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