Oregon Trail Electric Consumers Cooperative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930958642 ✦ Baker city, OR ✦ Designated as a 501(c)(12)

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Overview

What is Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc is a nonprofit organization located in the United States, dedicated to delivering safe and dependable electric and related services to its member-owners. By adhering to cooperative principles, this organization strives to enhance the economy and improve the quality of life for its community. The primary mission of Oregon Trail Electric Consumers Cooperative is to ensure the reliable provision of electric services to its members, fostering a sustainable and prosperous environment for all.


Official website here: www.otec.coop

What are the reviews and ratings of this charity?

Oregon Trail Electric Consumers Cooperative Inc is not currently rated by Charity Navigator. The absence of this rating signifies that the organization cannot be assessed using standard metrics because it is not a 501(c)(3) IRS registered nonprofit. As such, conventional evaluations applied to charitable organizations do not apply here.

Charity Navigator's traditional evaluations focus on Accountability and Finance scores, but without the relevant financial data or IRS designation, Oregon Trail Electric lacks this information. The organization operates independently, not as a 501(c)(3) entity, which limits how its effectiveness and performance can be publicly assessed through these methodologies.

No user reviews are available on GreatNonprofits, leaving further qualitative insights into the organization's community impact or operational practices unavailable. Consequently, stakeholders and potential supporters might benefit from direct engagement or alternative avenues to assess its services and community contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Oregon Trail Electric Consumers Cooperative Inc legitimate?

Oregon Trail Electric Consumers Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Oregon Trail Electric Consumers 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: $1,867,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.otec.coop

What is the mission statement of Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc is dedicated to ensuring the delivery of safe and dependable electric and related services to its members. This mission is aligned with the cooperative principles, enabling the organization to positively impact the economy and enhance the quality of life for those it serves. By providing electric service to its member-owners, Oregon Trail Electric Consumers Cooperative plays a crucial role in supporting the communities it reaches. The cooperative's commitment extends beyond electricity, ensuring its members have access to essential services that contribute to their overall well-being.


Official website here: www.otec.coop

Who is the CEO of Oregon Trail Electric Consumers Cooperative Inc?

Les M Penning is the Ceo of Oregon Trail Electric Consumers Cooperative Inc. The CEO's salary of Oregon Trail Electric Consumers Cooperative Inc is $348,987 and their total compensation is $560,464.


Official website here: www.otec.coop

What is the revenue of Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc's revenue in 2022 was $60,388,263.


Official website here: www.otec.coop

Who are the executives of Oregon Trail Electric Consumers Cooperative Inc and what are their salaries?

The average compensation at Oregon Trail Electric Consumers Cooperative Inc during 2022 was $21,711. There are 86 employees at Oregon Trail Electric Consumers Cooperative Inc.


Here are 19 key members and their salaries (Oregon Trail Electric Consumers Cooperative Inc's CEO's salary is $348,987 and their total compensation is $560,464):


Les M Penning (Ceo)
  • Compensation: $348,987
  • Related: $0
  • Other: $211,477
Charles Tracy (Director Of Engineering)
  • Compensation: $182,590
  • Related: $0
  • Other: $124,420
Tim Sheehy (Director Of It)
  • Compensation: $152,254
  • Related: $0
  • Other: $131,491
Tom Higgins (Working Foreman)
  • Compensation: $197,539
  • Related: $0
  • Other: $85,785
Blake Eckstein (General Foreman)
  • Compensation: $224,338
  • Related: $0
  • Other: $49,248
Rich Eskew (Working Foreman)
  • Compensation: $177,952
  • Related: $0
  • Other: $84,921
Eric Wirfs (Director Of Operations)
  • Compensation: $167,459
  • Related: $0
  • Other: $83,876
Travis Smart (Serviceman/Inspect)
  • Compensation: $182,989
  • Related: $0
  • Other: $67,466
Heidi Dalton (Cfo)
  • Compensation: $167,973
  • Related: $0
  • Other: $78,194
Tadd Mccrae (Working Foreman)
  • Compensation: $182,527
  • Related: $0
  • Other: $47,260
Wayne Overton (President)
  • Compensation: $33,950
  • Related: $0
  • Other: $0
Aletha Bonebrake (Vice President)
  • Compensation: $26,700
  • Related: $0
  • Other: $0
Robert Cargill (Director)
  • Compensation: $25,950
  • Related: $0
  • Other: $0
David Baum (Director)
  • Compensation: $24,750
  • Related: $0
  • Other: $0
Gary Miller (Secretary-Treas)
  • Compensation: $24,750
  • Related: $0
  • Other: $0
Charlene Chase (Director)
  • Compensation: $24,300
  • Related: $0
  • Other: $0
Austin Bingaman (Director)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
George Galloway (Director)
  • Compensation: $19,350
  • Related: $0
  • Other: $0
Cory Miller (Director)
  • Compensation: $17,100
  • Related: $0
  • Other: $0


Official website here: www.otec.coop

Where can I find the form 990 for Oregon Trail Electric Consumers Cooperative Inc?

Oregon Trail Electric Consumers Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.otec.coop

Learn more at the official website: www.otec.coop

Mission Statement of Oregon Trail Electric Consumers Cooperative Inc

Oregon Trail Electric Consumers Cooperative, or OTEC, is a mission-driven organization committed to delivering safe and dependable electric and related services to its member-owners. Rooted in the cooperative principles, OTEC goes beyond just providing electricity; it supports the economic well-being and enhances the quality of life for its community members.

OTEC's primary goal is to ensure the secure and reliable delivery of electric services to its members. Through its programs, the cooperative prioritizes safety in every aspect of its operations. By relying on the cooperative principles, OTEC fosters a sense of community among its members and strives to make a positive impact on their daily lives.

In addition to electric service, OTEC extends its reach to various initiatives that benefit its members. The cooperative's programs aim to create a strong economic foundation that sustains the communities it serves. By providing electric service, OTEC plays a crucial role in supporting local businesses, schools, and households, all of which contribute to the overall prosperity of its member base.

OTEC's commitment to its members extends beyond the power grid. By adhering to cooperative principles, the organization creates a strong sense of unity and shared commitment among its members. This collective effort allows OTEC to address the needs of its community in a more holistic and effective manner. With a focus on safety, reliability, and community involvement, Oregon Trail Electric Consumers Cooperative is more than just an electric provider—it's a partner in the development and improvement of the lives of its members.

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Impact




October, 2024

Oregon Trail Electric Consumers Cooperative Inc (OTEC) plays a crucial role in enhancing the quality of life for its member-owners in Baker City, Oregon, by delivering safe and reliable electric services. By prioritizing cooperative principles, OTEC fosters a strong sense of community while ensuring that its members have access to essential energy resources.

OTEC's commitment extends beyond just providing electricity; it actively supports the local economy by developing programs that address the specific needs of its members. This focus on reliability and member support helps to create a stable environment that is conducive to growth and prosperity within the community. By effectively managing power distribution and offering related services, OTEC enhances overall quality of life, making it an indispensable asset to the region.




This information is meant to be a general summary of Oregon Trail Electric Consumers 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.

Revenue
$60,388,263 (2022)
Expenses
$60,388,263 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $192,239
  • Program Service Revenue: $60,195,743
  • Gross Receipts: $60,388,263

Assets and Liabilities:

  • Total Assets: $135,903,516
  • Total Liabilities: $58,019,763
  • Net Assets: $77,883,753

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ELECTRIC ENERGY SALES

Revenue

$59,154,493

OTHER ELECTRIC REVENUE

Revenue

$758,584

PATRONAGE ALLOCATIONS

Revenue

$106,206

POLE RENTAL INCOME

Revenue

$176,460

Organization Details

Founding Year

1987

Principal Officer

Les M Penning

Main Address

PO BOX 226, BAKER CITY, OR, 97814

NTEE Category

Code: W80 - Public benefit

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