West-Central Electric Cooperative Inc is located in Higginsville, MO. The organization was established in 1943. 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 12/2021, West-Central Electric Cooperative Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West-Central Electric Cooperative Inc 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 12/2021, West-Central Electric Cooperative Inc generated $31.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $31.0m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WEST CENTRAL ELECTRIC COOPERATIVE FOCUSES ON ENHANCING THE QUALITY OF LIFE FOR OUR MEMBERS BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ELECTRICITY IN A PROFESSIONAL MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEST CENTRAL ELECTRIC NOW PROVIDES POWER TO MORE THAN 14,500 METERS THROUGH 2,600 MILES OF LINE IN FIVE COUNTIES, INCLUDING LAFAYETTE, JOHNSON, EASTERN JACKSON AND A SMALL PART OF CASS AND PETTIS COUNTIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Gray General Mana | Officer | 40 | $281,439 |
Todd Gast Foreman | 48 | $129,560 | |
Derek Cole Journeyman L | 49 | $126,993 | |
William Mackie Jr Foreman | 46 | $119,495 | |
Johnathan Sullins Journeyman L | 47 | $116,748 | |
Randy Burkeybile Operations M | 45 | $114,775 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Scobee Powerline Construction Powerline Const | 12/30/21 | $929,794 |
Midwest Spray Team & Sales Inc Row Spraying | 12/30/21 | $173,478 |
Nisc Software Provid | 12/30/21 | $287,749 |
Asplundh Tree Trimming | 12/30/21 | $519,265 |
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 | $30,809,973 |
Investment income | $88,674 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $49,890 |
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 | $30,968,348 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $2,970,649 |
Compensation of current officers, directors, key employees. | $517,991 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $931,851 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,408,952 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,430,915 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $30,968,348 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,114,359 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,085,969 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $402,753 |
Prepaid expenses and deferred charges | $378,968 |
Net Land, buildings, and equipment | $64,695,897 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $20,110,045 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $89,787,991 |
Accounts payable and accrued expenses | $2,350,672 |
Grants payable | $0 |
Deferred revenue | $3,028,526 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $47,990,434 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $437,196 |
Total liabilities | $53,806,828 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $35,981,163 |
Total liabilities and net assets/fund balances | $89,787,991 |
Organization Name | Assets | Revenue |
---|---|---|
Upper Cumberland Electric Membership Corporation Carthage, TN | $208,911,918 | $121,895,944 |
Meriwether Lewis Electric Cooperative Centerville, TN | $179,486,251 | $119,621,039 |
Salt River Electric Bardstown, KY | $187,060,575 | $114,408,015 |
Southwest Tennessee Electric Membership Corp Brownsville, TN | $219,052,657 | $121,626,016 |
Appalachian Electric Cooperative New Market, TN | $242,163,198 | $119,028,278 |
Jackson Energy Cooperative Corporat Ion Inc Mckee, KY | $284,949,026 | $109,799,636 |
N W Electric Power Cooperative Inc Cameron, MO | $276,321,789 | $107,924,696 |
Tri-County Electric Cooperative Inc Hooker, OK | $321,398,945 | $100,998,279 |
Gibson Electric Membership Corp Trenton, TN | $199,281,246 | $104,510,085 |
Holston Electric Cooperative Inc Rogersville, TN | $140,432,181 | $97,958,544 |
Northwest Iowa Power Cooperative Le Mars, IA | $209,144,882 | $97,805,529 |
Sequachee Valley Electric Cooperative South Pittsburg, TN | $165,775,520 | $105,669,415 |