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
What are the reviews and ratings of this charity?
The Rayburn Country Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating is not necessarily indicative of its performance; rather, it is due to the cooperative not being eligible for the organization's rating system. Charity Navigator primarily evaluates 501(c)(3) nonprofits, and Rayburn Country Electric Cooperative does not fall under this classification.
Ratings typically focus on aspects such as Accountability & Finance, and while key data regarding revenue, expenses, and salary of key persons is unavailable, it does not necessarily reflect negatively on the cooperative. The inability to evaluate the cooperative by the Impact & Measurement, Culture & Community, or Leadership & Adaptability beacons is primarily due to its non-501(c)(3) status.
There are no user reviews available on GreatNonprofits for Rayburn Country Electric Cooperative Inc, so there is no additional qualitative feedback regarding the organization's operations or community impact. As such, further insight into its public perception and stakeholder engagement remains limited.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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
Official website here: www.rayburnelectric.com
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):
- Compensation: $3,929
- Related: $0
- Other: $0
- Compensation: $4,971
- Related: $0
- Other: $0
- Compensation: $6,250
- Related: $0
- Other: $0
- Compensation: $5,515
- Related: $0
- Other: $0
- Compensation: $8,604
- Related: $0
- Other: $0
- Compensation: $3,532
- Related: $0
- Other: $0
- Compensation: $8,267
- Related: $0
- Other: $0
- Compensation: $3,028
- Related: $0
- Other: $0
- Compensation: $684,965
- Related: $0
- Other: $81,020
- Compensation: $336,049
- Related: $0
- Other: $78,509
- Compensation: $126,498
- Related: $0
- Other: $15,758
- Compensation: $296,723
- Related: $0
- Other: $76,435
- Compensation: $286,960
- Related: $0
- Other: $73,999
- Compensation: $258,160
- Related: $0
- Other: $33,454
- Compensation: $218,945
- Related: $0
- Other: $66,143
- Compensation: $230,099
- Related: $0
- Other: $65,585
- Compensation: $195,607
- Related: $0
- Other: $62,423
- Compensation: $173,699
- Related: $0
- Other: $59,443
Official website here: www.rayburnelectric.com
Where can I find the form 990 for Rayburn Country Electric Cooperative Inc?
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.
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Impact
October, 2024
Rayburn Country Electric Cooperative Inc plays a significant role in the energy landscape by supplying wholesale electric energy to four distribution cooperative members. This cooperative approach ensures that energy is delivered effectively while keeping costs competitive for its members. By managing wholesale power supply and providing regulatory representation, Rayburn Country Electric Cooperative aims to maximize the value of its members' investments in energy infrastructure. The organization's commitment to integrity and excellence fosters trust and reliability, enabling its members to benefit from a stable energy supply. The cooperative model promotes collaboration and mutual support among its members, ultimately contributing to a more efficient and sustainable energy system in the region.
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.
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: -$320,326
- Program Service Revenue: $563,264,724
- Gross Receipts: $564,084,688
Assets and Liabilities:
- Total Assets: $607,018,715
- Total Liabilities: $456,412,356
- Net Assets: $150,606,359
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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
$561,081,542
OTHER PROGRAM REVENUE
Revenue
$1,193,087
PATRONAGE DIVIDENDS
Revenue
$990,095
Organization Details
Founding Year
1979
Phone
(469) 402-2100Principal Officer
David Naylor
Main Address
PO BOX 37, ROCKWALL, TX, 75087
Website
www.rayburnelectric.comNTEE Category
Code: W80 - Public benefit
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