Gascosage Electric Cooperative

Organization Overview

Gascosage Electric Cooperative is located in Dixon, MO. The organization was established in 1949. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Gascosage Electric Cooperative employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gascosage Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2022, Gascosage Electric Cooperative generated $19.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $20.2m during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PURCHASE, ACQUIRE AND ACCUMULATE ELECTRIC ENERGY FOR, AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL AND DISPOSE OF SUCH ENERGY TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PURCHASE, ACQUIRE, AND ACCUMULATE ELECTRIC ENERGY FOR, AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL, AND DISPOSE OF SUCH ENERGY TO MEMBERS, SERVING 10,130 CONNECTED METERS AND 1,590 MILES OF LINE.


ENGINEER, CONSTRUCT AND MAINTAIN A FIBER-TO-THE-HOME NETWORK TO DISTRIBUTE AND SELL INTERNET AND VOICE SERVICES TO MEMBERS, CURRENTLY SERVING 121 SUBSCRIBERS AND 70 MILES OF FIBER.


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Board, Officers & Key Employees

Name (title)Compensation
Carmen Hartwell
General Manager
$132,371
Ronald Wiles
Board Director
$12,000
Donald Warnol
Board President/director
$10,950
Jim Humphrey
Board Treasurer/director
$10,800
Alice Carlton
Board Secretary/director
$10,800
Jacob Warren
Board Director
$10,300

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kiowa Line Builders Inc
Line Builder
$998,721
Sellenriek Energy Llc
Line Builder
$192,610
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$20,513,095
Investment income $123,331
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,372,940
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,292,612

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