Oregon Rural Electric Cooperative Association
- Assets
- $926.8k
- Revenue
- $699.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Wilsonville, OR
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 93-0593238
Organization Overview
Oregon Rural Electric Cooperative Association is located in Wilsonville, OR. The organization was established in 1979. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Oregon Rural Electric Cooperative Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Rural Electric Cooperative Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Oregon Rural Electric Cooperative Association generated $699.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $812.2k during the year ending 12/2021. 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
REPRESENT LEGISLATIVE AND REGULATORY INTERESTS OF OREGON NONPROFIT ELECTRIC COOPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CONTINUING LIAISON WITH LOCAL, STATE AND FEDERAL AGENCIES, BOTH PUBLIC AND PRIVATE, WHOSE ACTIVITIES MAY AFFECT RURAL ELECTRIFICATION IN OREGON.
MAINTAINED THE INTEGRITY OF OREGON'S TERRITORIAL PROTECTION LAWS, WHICH NOW PROTECT CONSUMER AND FEDERAL INVESTMENT IN RURAL ELECTRIC SYSTEMS.
SUPPORTED THE ORDERLY DEVELOPMENT OF RURAL AREAS, PARTICULARLY THE RURAL AREAS OF OREGON, THROUGH THE SUPPLY OF LOW-COST ELECTRIC POWER TO RURAL COMMERCE, INDUSTRY AND HOUSING AND ADVOCATED FOR THE DISTRIBUTION OF ELECTRIC POWER WITH THE HIGHEST QUALITY SERVICE AND LOWEST RETAIL RATES CONSISTENT WITH PRUDENT MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Case Executive Dir. | Officer | 40 | $235,625 |
Wayne Overton Director | OfficerTrustee | 2 | $0 |
Dave Schneider Past President | OfficerTrustee | 2 | $0 |
Fred Flippence Board President | OfficerTrustee | 2 | $0 |
Shirley Cairns Secretary/treas | OfficerTrustee | 2 | $0 |
Russ Sapp Exec At Large | OfficerTrustee | 2 | $0 |
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 | $60,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,682 |
| Total Program Service Revenue | $636,130 |
| Investment income | $97 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $699,159 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $443,665 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,363 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,845 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,900 |
| Fees for services: Accounting | $17,448 |
| Fees for services: Lobbying | $126,160 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $110 |
| Advertising and promotion | $0 |
| Office expenses | $14,573 |
| Information technology | $5,126 |
| Royalties | $0 |
| Occupancy | $12,300 |
| Travel | $10,147 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $123,589 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,658 |
| All other expenses | $0 |
| Total functional expenses | $812,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $431,815 |
| Savings and temporary cash investments | $483,107 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,831 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $926,753 |
| Accounts payable and accrued expenses | $13,518 |
| Grants payable | $0 |
| Deferred revenue | $356,513 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,674 |
| Total liabilities | $406,705 |
| Net assets without donor restrictions | $520,048 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $926,753 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oregon Rural Electric Cooperative Association has recieved totaling $19,600.
| Awarding Organization | Amount |
|---|---|
National Rural Utilities Cooperative Finance Corp Dulles, VA PURPOSE: EDUCATIONAL FUND-LEGISLATOR OUTREACH PROGRAM & DIRECTOR EDUCATION | $19,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Policylink Oakland, CA | $113,528,942 | $83,393,172 |
Brawley Community Foundation Brawley, CA | $92,585,443 | $40,693,477 |
Faith In Action Network Oakland, CA | $57,402,769 | $31,612,901 |
Los Angeles Tourism Marketing District Corporation Los Angeles, CA | $15,743,609 | $14,651,626 |
Contract Services Administration Training Trust Fund Burbank, CA | $47,747,066 | $22,467,369 |
Community Coalition For Substance Abuse Prevention & Treatment Los Angeles, CA | $21,333,754 | $12,023,124 |
South Yuba River Citizens League Nevada City, CA | $2,701,919 | $4,085,213 |
Washington Association For Community Health Olympia, WA | $4,710,495 | $3,491,095 |
Seattle Economic Development Fund Seattle, WA | $28,288,075 | $7,984,943 |
Hyde Street Community Services Inc San Francisco, CA | $1,265,583 | $3,555,973 |
Civic Center Community Benefit District Inc San Francisco, CA | $6,725,973 | $3,947,040 |
Sustainable Northwest Portland, OR | $5,425,924 | $2,924,728 |