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EIN 73-0308955

Kay Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
55
City
Blackwell
State
Oklahoma
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Kay Electric Cooperative is a rural Electric distribution Cooperative organized under the rural Electric Cooperative act. Our mission is to provide dependable, affordable, and safe electricity to our member-owners. To provide reliable electricity to our member/owners at a reasonable cost.
Total revenues
$47,046,293
2022
Total expenses
$46,816,280
2022
Total assets
$96,629,831
2022
Num. employees
55
2022

Program areas at Kay Electric Cooperative

Sale of Electric power to members on a Cooperative basis through the allocation of patronage capital. There were 5,888 active services at year end.

Personnel at Kay Electric Cooperative

NameTitleCompensation
Jason BoeschGeneral Manager and Chief Executive Officer$220,095
Joseph SoulekChief Operating Officer$157,601
Heath LambertDirector of Operations$120,763
David ChildersDirector of Accounting$136,013
Douglas WorleyDirector of Engineering$159,232
...and 9 more key personnel

Financials for Kay Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$46,572,928
Investment income and dividends$131,820
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$8,171
Net gain from sale of non-inventory assets$164,891
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-812
Miscellaneous revenues$169,295
Total revenues$47,046,293

Form 990s for Kay Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-24990View PDF
2018-122020-01-15990View PDF
...and 8 more Form 990s

Organizations like Kay Electric Cooperative

OrganizationLocationRevenue
East Mississippi Electric Power AssociationMeridian, MS$95,947,513
Heartland Power CooperativeThompson, IA$29,708,110
Douglas Electric CooperativeRoseburg, OR$24,667,189
Tideland Electric Membership CorporationPantego, NC$52,378,506
Southside Electric CooperativeCrewe, VA$143,326,007
Citizens Electric CorporationPerryville, MO$140,040,021
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
Dakota Energy CooperativeHuron, SD$25,787,850
Brunswick Electric Membership CorporationShallotte, NC$218,662,307
Southwest Arkansas Electric Cooperative CorporationTexarkana, TX$67,125,073
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Updated personnel
Identified 2 new personnel
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
Receives government funding
General information
Address
PO Box 607
Blackwell, OK 74631
County
Kay County, OK
Website URL
kayelectric.coop/ 
Phone
(580) 363-1260
IRS details
EIN
73-0308955
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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