Overview
What is United Electric Cooperative Services Inc?
United Electric Cooperative Services Inc, doing business as UNITED Cooperative Services, is a nonprofit organization based in Burleson, Texas. With a mission to provide exceptional service and value to its over 98,000 members, UNITED focuses on distributing electricity to its cooperative members on a collective basis. The organization, employing 232 individuals, proudly served 100,295 active services at year-end, allocating patronage capital to its members. UNITED's significant activities center around the provision of electric distribution services, ensuring a reliable power supply to its wide-ranging membership.
Official website here: www.ucs.net
Is United Electric Cooperative Services Inc legitimate?
United Electric Cooperative Services Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. United Electric Cooperative Services 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: $4,282,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,388,672
For more financial information, click here
Official website here: www.ucs.net
What is the mission statement of United Electric Cooperative Services Inc?
United Electric Cooperative Services Inc is dedicated to delivering exceptional electric distribution services to over 98,000 members. Their mission revolves around providing value to their cooperative members by catering to their electricity needs in a cooperative manner. They have allocated patronage capital to 100,295 active services at year-end, ensuring that their members reap the benefits of the cooperative's collective efforts. The organization's significant activities center around the provision of electricity on a cooperative basis, serving as a reliable energy partner to its community of members.
Official website here: www.ucs.net
Who is the CEO of United Electric Cooperative Services Inc?
Cameron Smallwood is the CEO of United Electric Cooperative Services Inc The CEO's salary of United Electric Cooperative Services Inc is $752,243 and their total compensation is $872,843.
Official website here: www.ucs.net
What is the revenue of United Electric Cooperative Services Inc?
United Electric Cooperative Services Inc's revenue in 2023 was $362,077,068.
Official website here: www.ucs.net
Who are the executives of United Electric Cooperative Services Inc and what are their salaries?
The average compensation at United Electric Cooperative Services Inc during 2023 was $76,209. There are 245 employees at United Electric Cooperative Services Inc.
Here are 22 key members and their salaries (United Electric Cooperative Services Inc's CEO's salary is $752,243 and their total compensation is $872,843):
- Compensation: $43,447
- Related: $0
- Other: $0
- Compensation: $40,539
- Related: $0
- Other: $0
- Compensation: $32,795
- Related: $0
- Other: $0
- Compensation: $26,093
- Related: $0
- Other: $0
- Compensation: $38,495
- Related: $0
- Other: $0
- Compensation: $38,069
- Related: $0
- Other: $0
- Compensation: $43,700
- Related: $0
- Other: $0
- Compensation: $752,243
- Related: $0
- Other: $120,600
- Compensation: $391,288
- Related: $0
- Other: $117,883
- Compensation: $287,844
- Related: $0
- Other: $98,348
- Compensation: $290,528
- Related: $0
- Other: $83,712
- Compensation: $285,390
- Related: $0
- Other: $98,348
- Compensation: $266,237
- Related: $0
- Other: $77,756
- Compensation: $219,607
- Related: $0
- Other: $70,029
- Compensation: $228,198
- Related: $0
- Other: $69,932
- Compensation: $209,040
- Related: $0
- Other: $77,222
- Compensation: $199,870
- Related: $0
- Other: $75,263
- Compensation: $220,516
- Related: $0
- Other: $59,818
- Compensation: $221,113
- Related: $0
- Other: $59,841
- Compensation: $199,872
- Related: $0
- Other: $56,577
- Compensation: $209,671
- Related: $0
- Other: $59,818
- Compensation: $208,321
- Related: $0
- Other: $59,841
Official website here: www.ucs.net
Where can I find the form 990 for United Electric Cooperative Services Inc?
United Electric Cooperative Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ucs.net
Learn more at the official website: www.ucs.net
Mission Statement of United Electric Cooperative Services Inc
United Electric Cooperative Services Inc, a cooperative with a mission to deliver exceptional service and value to its members, is dedicated to providing electric distribution service to over 98,000 members as of the year-end. The organization's core activities revolve around offering electricity to its members on a cooperative basis, with 100,295 active services provided at the year-end. These services were allocated patronage capital, underscoring the cooperative nature of the organization.
United Electric Cooperative Services Inc's commitment to its members goes beyond just supplying electricity. As a cooperative, it operates with the belief that every member matters and aims to provide them with superior service and value. Through its cooperative activities, it strives to meet the unique electricity needs of its diverse membership base, ensuring a reliable and consistent electric supply.
In essence, United Electric Cooperative Services Inc is more than just an electric distribution company. It is a cooperative that values each of its members and is dedicated to providing them with electricity on a cooperative basis. Its mission drives it to offer exceptional service and value, making it a trusted partner for its members in their daily lives.
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Impact
October, 2024
United Electric Cooperative Services Inc plays a vital role in delivering reliable electricity to over 100,000 active services, ensuring that members in Burleson, TX, have accessible and dependable power. By operating on a cooperative basis, the organization fosters a sense of community ownership and engagement among its members, who have a direct stake in the cooperative's success.
The cooperative's commitment to exceptional service emphasizes its focus on member needs and satisfaction. By providing consistent electric distribution services, United Electric not only meets the essential energy demands of its members but also allocates patronage capital, allowing members to benefit from the cooperative's financial successes. This model promotes mutual benefit and strengthens the community by encouraging sustainable practices and investment in local infrastructure.
Through its extensive reach and dedication to service, United Electric Cooperative Services Inc significantly impacts the economic and social vitality of the region, contributing to a robust local economy and enhancing the quality of life for its members.
This information is meant to be a general summary of United Electric Cooperative Services 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 2023.
- Investment Income: $884,543
- Program Service Revenue: $358,770,879
- Gross Receipts: $363,025,382
Assets and Liabilities:
- Total Assets: $1,250,165,021
- Total Liabilities: $953,511,245
- Net Assets: $296,653,776
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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
$340,619,994
BROADBAND SALES
Revenue
$15,935,266
PATRONAGE DIVIDENDS
Revenue
$2,215,619
Organization Details
Founding Year
1938
Principal Officer
Cameron Smallwood
Website
www.ucs.netNTEE Category
Code: Y22 - Mutual benefit
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