Oregon Trail Electric Consumers Cooperative Inc.

Introduction

The Oregon Trail Electric Consumers Cooperative Inc. is a nonprofit organization classified as a benevolent electric cooperative. It serves communities by providing electrical and related services. The cooperative operates based on mutually beneficial principles, focusing on reliability, safety, and community support.

History

Founded to address the need for electricity in rural areas, Oregon Trail Electric Consumers Cooperative has evolved over the years, adapting to the challenges of its service region. The organization has been in operation for over three decades.

Mission and Core Values

The cooperative's mission is to safely provide reliable electric and related services that support the economy and quality of life of its members. Its core values include safety, reliability, integrity, commitment to community-members, economic stewardship, adaptability, and commitment to employees. These values guide OTEC's strategic vision to be among the top 10% in member satisfaction among electric cooperatives nationally.

Operations and Financial Performance

As of recent years, the cooperative's revenue and expenses have been approximately balanced, with significant total assets and liabilities. Key employees and officers are compensated based on their roles, with compensation varying from around $16,800 for directors to higher figures for executive positions.

Community Support

Oregon Trail Electric Consumers Cooperative has been involved in supporting local communities through donations to charitable organizations, schools, and first-responder agencies. During the COVID-19 pandemic, the cooperative suspended service disconnections to assist members facing financial hardships.

Governance

The cooperative is governed by a board of directors, whose roles include oversight and strategic decision-making. However, detailed information about current board members is not readily available.

Conclusion

Oregon Trail Electric Consumers Cooperative Inc. plays a vital role in providing essential services to rural communities while emphasizing community support and innovation. It continues to evolve in response to changing needs and economic conditions.