Powered by CharityEZ

Charity report ready

KAY ELECTRIC COOPERATIVE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

KAY ELECTRIC COOPERATIVE INC

EIN 73-0308955 · Mutual & Membership Benefit (Y)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$99.68spent for every $100 of revenueRevenue covered expenses this year.
$2.58in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $424,924 for JASON BOESCH (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$41,946,996
Expenses$41,812,032
Annual surplus $134,964 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$41,946,996
Expenses$41,812,032
Assets$107,989,525
Income$42,036,282
Stocks and bonds$5,468,003
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JASON BOESCHCHIEF EXECUTIVE OFFICER · 50 hrs/week $424,924Base $239,103 · Other $185,821
DOUGLAS WORLEYDIRECTOR OF ENGINEERING · 44 hrs/week $249,631Base $170,020 · Other $79,611
DAVID CHILDERSDIRECTOR OF ACCOUNTING · 43 hrs/week $222,252Base $143,627 · Other $78,625
HEATH LAMBERTDIRECTOR OF OPERATIONS · 54 hrs/week $201,307Base $131,638 · Other $69,669
JAMES RIGDONLINE FOREMAN · 47 hrs/week $195,753Base $119,540 · Other $76,213
JOEL GARZAMANAGER OF STAKING · 43 hrs/week $175,220Base $119,967 · Other $55,253
TERRY GRACELINE FOREMAN · 42 hrs/week $160,114Base $125,744 · Other $34,370
JOSEPH SOULEKCHIEF OPERATING OFFICER · 51 hrs/week $146,083Base $126,955 · Other $19,128
VERL BRORSENVICE PRESIDENT · 4 hrs/week $38,635
MAX HOHMANNPRESIDENT · 6 hrs/week $37,567
DR TIM BLANTONTRUSTEE · 6 hrs/week $36,019
BRADY HOSTETLERTRUSTEE · 4 hrs/week $35,832

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

JASON BOESCHCHIEF EXECUTIVE OFFICER

DOUGLAS WORLEYDIRECTOR OF ENGINEERING

DAVID CHILDERSDIRECTOR OF ACCOUNTING

HEATH LAMBERTDIRECTOR OF OPERATIONS

JAMES RIGDONLINE FOREMAN

JOEL GARZAMANAGER OF STAKING

TERRY GRACELINE FOREMAN

JOSEPH SOULEKCHIEF OPERATING OFFICER

VERL BRORSENVICE PRESIDENT

MAX HOHMANNPRESIDENT

DR TIM BLANTONTRUSTEE

BRADY HOSTETLERTRUSTEE

JAKE OLSENTRUSTEE

MICHAEL LEBEDATRUSTEE

RON SHOFFNERSECRETARY/TREASURER

CHAD OTTOTRUSTEE

BART CARDWELLTRUSTEE

About this charity

Recognized since
January 1941
Location
PO BOX 607, BLACKWELL, OK 746310607
County
Kay
In care of
JASON BOESCH
Primary officer
JASON BOESCH, GENERAL MANAGER/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BOLINGER SEGARS GILBERT AND MOSS LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free