Overview
What is United Electric Co-Op Inc?
United Electric Co-Op Inc is a nonprofit organization that provides electric energy sales and maintenance services to approximately 4,482 members, catering to 6,632 active services. The cooperative purchases a substantial amount of electricity, totaling 313,933,177 kwh, in order to fulfill its mission of delivering electric energy to its community of patrons.
Official website here: www.uec.coop
Is United Electric Co-Op Inc legitimate?
United Electric Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. United Electric Co-Op 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: $522,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,998,787
For more financial information, click here
Official website here: www.uec.coop
What is the mission statement of United Electric Co-Op Inc?
United Electric Co-op is dedicated to delivering electric energy to its customer base of 4,482 members. With 6,632 active services under its care, the cooperative procures a substantial amount of electricity, totaling 313,933,177 kwh. This acquisition is driven by the co-op's commitment to fulfilling its mission of providing dependable electric energy sales to its patrons. The cooperative goes beyond just energy sales, offering essential maintenance services to ensure the consistent and efficient delivery of power.
Official website here: www.uec.coop
Who is the CEO of United Electric Co-Op Inc?
Michael Darrington is the General Manager of United Electric Co-Op Inc.
Official website here: www.uec.coop
What is the revenue of United Electric Co-Op Inc?
United Electric Co-Op Inc's revenue in 2022 was $22,126,425.
Official website here: www.uec.coop
Who are the executives of United Electric Co-Op Inc and what are their salaries?
The average compensation at United Electric Co-Op Inc during 2022 was $86,948. There are 29 employees at United Electric Co-Op Inc.
Here are 15 key members and their salaries:
- Compensation: $176,754
- Related: $0
- Other: $61,710
- Compensation: $142,240
- Related: $0
- Other: $63,682
- Compensation: $123,726
- Related: $0
- Other: $61,595
- Compensation: $127,264
- Related: $0
- Other: $48,627
- Compensation: $122,270
- Related: $0
- Other: $51,462
- Compensation: $125,830
- Related: $0
- Other: $47,354
- Compensation: $100,011
- Related: $0
- Other: $58,728
- Compensation: $17,725
- Related: $0
- Other: $0
- Compensation: $16,400
- Related: $0
- Other: $0
- Compensation: $15,963
- Related: $0
- Other: $0
- Compensation: $15,700
- Related: $0
- Other: $0
- Compensation: $15,500
- Related: $0
- Other: $0
- Compensation: $15,500
- Related: $0
- Other: $0
- Compensation: $15,400
- Related: $0
- Other: $0
- Compensation: $13,325
- Related: $0
- Other: $0
Official website here: www.uec.coop
Where can I find the form 990 for United Electric Co-Op Inc?
United Electric Co-Op Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uec.coop
Learn more at the official website: www.uec.coop
Mission Statement of United Electric Co-Op Inc
United Electric Co-Op, a mission-driven electric energy provider, serves 4,482 members by selling electricity and offering maintenance services to 6,632 active accounts. The cooperative's primary goal is to deliver electric energy to its community, as indicated by its purchase of 313,933,177 kwh of electricity. With a commitment to its patrons, United Electric Co-Op ensures a consistent electric energy supply, alongside essential maintenance services. This dedication to its members underpins the cooperative's purpose and identity in the energy sector.
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Impact
October, 2024
United Electric Co-Op Inc plays a significant role in the community by providing reliable electric energy and maintenance services to its members in Heyburn, Idaho. With 6,632 active services catering to 4,482 members, the cooperative ensures that its patrons have access to essential electricity resources. The cooperative purchases a substantial amount of energy, totaling 313,933,177 kWh, to meet the needs of its community effectively.
This cooperative model promotes local engagement and empowers members by allowing them to have a say in how their energy services are managed. By focusing on the needs of its patrons, United Electric Co-Op fosters economic stability and growth, facilitating access to energy that is critical for everyday life, businesses, and the development of the region. Through its services, it enhances community well-being and supports sustainable energy practices, ultimately contributing to a stronger and more interconnected local economy.
This information is meant to be a general summary of United Electric Co-Op 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: $268,723
- Program Service Revenue: $21,783,340
- Gross Receipts: $22,389,324
Assets and Liabilities:
- Total Assets: $27,141,492
- Total Liabilities: $6,849,250
- Net Assets: $20,292,242
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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
$20,739,078
OTHER OPERATING REV
Revenue
$1,044,262
Organization Details
Founding Year
1997
Principal Officer
Michael Darrington
Main Address
1330 21ST STREET, HEYBURN, ID, 83336
Website
www.uec.coopNTEE Category
Code: W80 - Public benefit
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