Oklahoma Association of Electric Cooperatives
OAEC's purpose is to obtain the fairest possible treatment from state and local governments by acquainting legislators, congressional leaders and other governmental officials with the electric cooperative program. OAEC is comprised of 30 member systems, 27 in Oklahoma, one in Texas and two Arkansas systems with a portion of their membership residing in Oklahoma.
Organization Type:
State or Regional Association
Tax Exempt Status:
501(c)(6)
Industry:
Cooperatives, Energy/Electricity, Electricity & Electronics
Address:
PO Box 54309
Oklahoma City, OK 73154-1309
Members:
30 cooperatives - 27 in Oklahoma, one in Texas and two Arkansas
Financial Snapshot
Total revenues: $7,719,251
Year - 2024
1st-yr growth
8.36%
Year by Year
Revenue
Membership Dues & Assessments
Miscellaneous revenue
Net rental income or (loss)
Other
Total expenses: $7,667,085
Year - 2024
1st-yr growth
7.10%
Year by Year
Expenses
Other expenses
Compensation for non-officers/directors
Compensation of current officers, directors, etc
Other
Total assets: $7,559,391
Year - 2024
1st-yr growth
1.16%
Year by Year
Assets
Land, buildings, & equipment (net)
Cash -- non-interest bearing
Savings and temporary cash investments
Other
Total Liabilities: $1,538,603
Year - 2024
1st-yr growth
17.18%
Year by Year
Liabilities
Other liabilities
Accounts payable and accrued expenses
Unsecured mortgages and notes payable