Overview
What is Rayburn Country Electric Cooperative Inc?
Rayburn Country Electric Cooperative Inc, located in Rockwall, Texas (PO Box 37, 75087), functions as a cooperative, providing wholesale electric energy to four distribution cooperative members. They do this by allocating patronage capital. This nonprofit organization's mission is to offer wholesale power supply and regulatory representation on behalf of its members. By maximizing the value of their members' investment and maintaining competitive wholesale power costs, Rayburn Country Electric Cooperative Inc exemplifies integrity and excellence.
Official website here: www.rayburnelectric.com
Is Rayburn Country Electric Cooperative Inc legitimate?
Rayburn Country Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rayburn Country 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,101,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,073,230
For more financial information, click here
What is the mission statement of Rayburn Country Electric Cooperative Inc?
Rayburn Country Electric Cooperative Inc is committed to delivering wholesale power supply and regulatory representation on behalf of its members. Its mission is to maximize the value of members' investments while maintaining competitive power costs. The cooperative aspires to uphold integrity and excellence in all its dealings. Rayburn Country Electric Cooperative Inc provides wholesale electric energy to four distribution cooperative members on a cooperative basis, distributing patronage capital as part of its operations.
Official website here: www.rayburnelectric.com
Who is the CEO of Rayburn Country Electric Cooperative Inc?
David Naylor is the President/Chief Executive Officer of Rayburn Country Electric Cooperative Inc. The CEO's salary of Rayburn Country Electric Cooperative Inc is $684,965 and their total compensation is $765,985.
Official website here: www.rayburnelectric.com
What is the revenue of Rayburn Country Electric Cooperative Inc?
Rayburn Country Electric Cooperative Inc's revenue in 2022 was $563,041,177.
Official website here: www.rayburnelectric.com
Who are the executives of Rayburn Country Electric Cooperative Inc and what are their salaries?
The average compensation at Rayburn Country Electric Cooperative Inc during 2022 was $95,657. There are 75 employees at Rayburn Country Electric Cooperative Inc.
Here are 18 key members and their salaries (Rayburn Country Electric Cooperative Inc's CEO's salary is $684,965 and their total compensation is $765,985):
- David Naylor (President/Chief Executive Officer)
- David Braun (Chief Financial Officer)
- Stephen Geiger (Chief Operating Officer)
- Chase Snuffer (Chief Information Officer)
- Johnny Alrid (Director Of Information Se)
- Jennifer Edmondson (Asst. General Counsel)
- Christian Nagel (Director Of Power Supply)
- Frank Owens (Director Of Compliance)
- Stephanie Hunt (Controller)
- Christopher Anderson (General Counsel)
- Mark Stubbs (Alternate Director)
- David Mcginnis (Chair Man) [Trustee/Director]
- Jeff Lane (Secretary/Treasurer) [Trustee/Director]
- John Ed Shinpaugh (Vice Chairman) [Trustee/Director]
- Howard Tillison (Alternate Director)
- Bill Samuels (Alternate Director)
- Steve Collida (Alternate Director)
- Paul Kirkland (Alternate Director)
Official website here: www.rayburnelectric.com
Where can I find the form 990 for Rayburn Country Electric Cooperative Inc?
The Rayburn Country Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.rayburnelectric.com
Learn more at the official website: www.rayburnelectric.com
Mission Statement of Rayburn Country Electric Cooperative Inc
Rayburn Country Electric Cooperative Inc, a cooperative entity, is dedicated to providing wholesale power supply and regulatory representation on behalf of its members. The organization's ultimate goal is to maximize the value of its members' investments while maintaining competitive wholesale power costs. It upholds integrity and excellence as it fulfills this mission.
In practice, Rayburn Country Electric Cooperative Inc functions as a cooperative wholesale electric energy provider to four distribution cooperative members. It achieves this by allocating patronage capital. The cooperative's commitment to its members extends beyond just energy supply. It strives to ensure that the members receive a solid return on their investment, all while keeping the wholesale power costs competitive. The cooperative's actions reflect its unwavering dedication to its mission, which is essential for the growth and success of the cooperative and its members.
Impact
This information is meant to be a general summary of Rayburn Country Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Rayburn Country Electric Cooperative Inc plays a crucial role in providing wholesale power supply and regulatory representation on behalf of its members in Rockwall, TX. By efficiently coordinating the allocation of patronage capital, this cooperative enables the distribution of wholesale electric energy to four distribution cooperative members on a cooperative basis. Their mission is to maximize the value of their members' investment while maintaining competitive wholesale power costs, all while upholding integrity and excellence in their operations. Through their public benefit activities, Rayburn Country Electric Cooperative Inc makes a significant impact on the energy sector and the communities it serves.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$561,081,542
OTHER PROGRAM REVENUE
Revenue
$1,193,087
PATRONAGE DIVIDENDS
Revenue
$990,095
Organization Details
Founding Year
1979
Phone
(469) 402-2100
Principal Officer
David Naylor
Main Address
PO BOX 37, ROCKWALL, TX, 75087
Website
www.rayburnelectric.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Rayburn Country Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.