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Northwest Energy Supply Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270231596 ✦ Portland, OR ✦ Designated as a 501(c)(12)

Overview

What is Northwest Energy Supply Cooperative?

Northwest Energy Supply Cooperative is a Portland, Oregon-based nonprofit organization that focuses on providing support services and future supply options for non-federal power to publicly owned, consumer-owned, or cooperatively owned electric utilities in the Pacific Northwest. Their mission is to ensure a sustainable energy future for their members by exploring various energy sources and growth opportunities. The cooperative's activities aim to strengthen the electric utility sector in the region by offering essential support services and facilitating the acquisition of non-federal power.


Is Northwest Energy Supply Cooperative legitimate?

Northwest Energy Supply Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northwest Energy Supply Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Northwest Energy Supply Cooperative?
Who is the CEO of Northwest Energy Supply Cooperative?
What is the revenue of Northwest Energy Supply Cooperative?
Who are the executives of Northwest Energy Supply Cooperative and what are their salaries?
Where can I find the form 990 for Northwest Energy Supply Cooperative?

Mission Statement of Northwest Energy Supply Cooperative

Northwest Energy Supply Cooperative, or NESC, is a mission-driven organization dedicated to providing support services and options for the future supply of non-federal power to its members. Established in the Pacific Northwest, NESC focuses on serving publicly owned, consumer-owned, and cooperatively owned electric utilities.

In simple terms, NESC acts as a partner in ensuring a reliable and sustainable energy future for its members. By offering support services, the cooperative enables its members to make informed decisions regarding the acquisition of non-federal power. This collaboration fosters a stronger energy network, allowing the cooperatives to better serve their own communities.

NESC's primary goal is to help its members navigate the complexities of securing non-federal power, ensuring a consistent power supply and promoting energy independence. Through its efforts, NESC empowers its members to make strategic choices for their energy needs, ultimately contributing to a more stable and resilient energy landscape in the Pacific Northwest.

Impact

This information is meant to be a general summary of Northwest Energy Supply Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Northwest Energy Supply Cooperative plays a significant role in providing support services and options for future load growth of non-federal power to publicly owned, consumer-owned, or cooperatively owned electric utilities in the Pacific Northwest. By offering these vital services, the cooperative helps to ensure a reliable and sustainable energy supply for its members and the broader community. Its mission of providing support services and options for future supply of non-federal power to its members contributes to the stability and resilience of the energy infrastructure in the region.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $17,526,532
  • Gross Receipts: $17,526,603

    • Assets and Liabilities:
  • Total Assets: $16,180,738
  • Total Liabilities: $16,022,602
  • Net Assets: $158,136
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    POWER PURCHASE

    Revenue

    $17,195,614

    NEMS LCA COST RECOVERY

    Revenue

    $267,789

    PROGRAM SERVICE FEES

    Revenue

    $63,129

    Organization Details

    Founding Year

    2009

    Principal Officer

    Zabyn Towner

    Main Address

    825 NE MULTNOMAH ST STE 1135, PORTLAND, OR, 972322170

    NTEE Category

    Code: X80 - Religion related

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