Prairie Power Inc

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

EIN: 371013955 ✦ Springfield, IL ✦ Designated as a 501(c)(12)

Overview

What is Prairie Power Inc?

Prairie Power Inc is a member-owned not-for-profit electric generation and transmission cooperative based in Springfield, Illinois, specifically at 3130 Pleasant Run. The cooperative's primary activity involves purchasing and generating kilowatt hours of electricity to sell to member systems. With a mission to market reliable and competitively-priced energy and other services, Prairie Power Inc aims to serve its community effectively. The cooperative employs 72 individuals to carry out its operations.


Official website here: www.ppi.coop

Is Prairie Power Inc legitimate?

Prairie Power Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Prairie Power Inc 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: $2,408,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,747,576

For more financial information, click here


Official website here: www.ppi.coop

What is the mission statement of Prairie Power Inc?

Prairie Power Inc is a member-owned not-for-profit electric generation and transmission cooperative. The cooperative's mission is centered around marketing reliable and competitively-priced energy and other services. Through this endeavor, they aim to cater to the needs of their member systems effectively. The focus on reliability and competitiveness ensures that Prairie Power Inc remains a trusted energy provider. The cooperative's procurement of kilowatt hours of electricity, both purchased and generated, is a critical aspect of delivering on its commitment to its members.


Official website here: www.ppi.coop

Who is the CEO of Prairie Power Inc?

Crystal Riney is the Director of Prairie Power Inc. The CEO's salary of Prairie Power Inc is $463,304 and their total compensation is $589,664.


Official website here: www.ppi.coop

What is the revenue of Prairie Power Inc?

Prairie Power Inc's revenue in 2022 was $192,903,895.


Official website here: www.ppi.coop

Who are the executives of Prairie Power Inc and what are their salaries?

The average compensation at Prairie Power Inc during 2022 was $85,498. There are 72 employees at Prairie Power Inc.

Here are 35 key members and their salaries (Prairie Power Inc's CEO's salary is $463,304 and their total compensation is $589,664):

    Eric Hobbie (President & Ceo)
  • Compensation: $463,304
  • Related: $0
  • Other: $126,360

    • Robert Reynolds (Sr Vp Members & Business Development)
  • Compensation: $228,127
  • Related: $0
  • Other: $92,888

    • Crystal Riney (Vp Finance & Accounting)
  • Compensation: $192,499
  • Related: $0
  • Other: $86,895

    • Joseph Smith (Chief Technology Officer)
  • Compensation: $207,443
  • Related: $0
  • Other: $56,431

    • Jeremy Johnson (Vp-Engineering & Operations)
  • Compensation: $172,422
  • Related: $0
  • Other: $76,013

    • Micah Bushnell (Vp Portfolio & Markets)
  • Compensation: $184,822
  • Related: $0
  • Other: $60,404

    • Tracy Johansson (General Counsel)
  • Compensation: $177,536
  • Related: $0
  • Other: $58,480

    • Karl Kohlrus (Planning Engineer)
  • Compensation: $167,769
  • Related: $0
  • Other: $64,781

    • Craig Curtis (Project Manager)
  • Compensation: $148,282
  • Related: $0
  • Other: $63,182

    • Mark Clayton (Superintendent Of Operation)
  • Compensation: $144,805
  • Related: $0
  • Other: $65,235

    • Chad Engelbrecht (Maintenance/Combustion Turbine Operator)
  • Compensation: $156,840
  • Related: $0
  • Other: $40,512

    • Charles Fogleman (Manager Of Dispatch And Compliance)
  • Compensation: $145,410
  • Related: $0
  • Other: $49,630

    • Rachel Sexton (Director Of Human Resource)
  • Compensation: $86,166
  • Related: $0
  • Other: $44,482

    • Richard Chapman (Sr Vp Eng. & Op. Until 02/22)
  • Compensation: $38,619
  • Related: $0
  • Other: $3,059

    • Tom Travis (Director)
  • Compensation: $9,925
  • Related: $0
  • Other: $0

    • Thomas Meehan Iii (Director)
  • Compensation: $9,925
  • Related: $0
  • Other: $0

    • Gary L Martin (Assis Sec&Trea Until 06/22/Vice Chairman) [Trustee/Director]
  • Compensation: $9,575
  • Related: $0
  • Other: $0

    • Robert Kuhns (Director)
  • Compensation: $9,575
  • Related: $0
  • Other: $0

    • Brent Lively (Director)
  • Compensation: $9,225
  • Related: $0
  • Other: $0

    • Chad Larimore (Director)
  • Compensation: $9,225
  • Related: $0
  • Other: $0

    • Jerry Riggins (Chairman Until 06/22/Director)
  • Compensation: $9,225
  • Related: $0
  • Other: $0

    • Kent Metzger (Director Until 06/22/ Assis Trea&Sec)
  • Compensation: $8,875
  • Related: $0
  • Other: $0

    • Jack L Clark (Director)
  • Compensation: $8,525
  • Related: $0
  • Other: $0

    • Janet Spory (Director)
  • Compensation: $8,350
  • Related: $0
  • Other: $0

    • Lyle Nelson (Alternate Director)
  • Compensation: $700
  • Related: $0
  • Other: $0

    • Todd Grotts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Casper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Dewees (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alisha Anker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Borntrager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Michael Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Hunzinger (Vice Chairman Until 06/22/Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Shallenberger (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ppi.coop

    Where can I find the form 990 for Prairie Power Inc?

    The Prairie Power Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ppi.coop

    Learn more at the official website: www.ppi.coop

    Mission Statement of Prairie Power Inc

    Prairie Power Inc, a member-owned not-for-profit electric generation and transmission cooperative, is dedicated to marketing reliable and competitively-priced energy and other services. The cooperative's primary objective is to ensure a steady supply of electricity for its member systems. To accomplish this mission, Prairie Power Inc engages in the purchasing and generation of kilowatt hours of electricity. By doing so, they can offer their members a consistent energy supply at reasonable rates. In essence, Prairie Power Inc acts as a bridge between energy producers and consumer cooperatives, facilitating the delivery of electricity to its members. The cooperative's commitment to reliability and affordability makes it an essential partner in the electric power sector.

    Impact

    This information is meant to be a general summary of Prairie Power Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Prairie Power Inc, as a member-owned not-for-profit electric generation and transmission cooperative based in Springfield, IL, has a significant impact on the communities it serves. By purchasing and generating kilowatt hours of electricity for sale to member systems, Prairie Power Inc plays a crucial role in ensuring reliable and competitively-priced energy for its members. This allows for the continued operation of businesses, households, and essential services that rely on electricity to function effectively. Additionally, Prairie Power Inc's mission to provide public benefit through its energy services demonstrates its commitment to serving the needs of its members and contributing positively to the community.





    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: $1,101,302
  • Program Service Revenue: $191,533,677
  • Gross Receipts: $194,153,743

    • Assets and Liabilities:
  • Total Assets: $762,936,088
  • Total Liabilities: $635,370,088
  • Net Assets: $127,566,000
  • Programs

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

    ELECTRIC SALES

    Revenue

    $166,238,955

    DISTRIBUTION REVENUE

    Revenue

    $3,179,563

    PATRONAGE CAPITAL REVENUE

    Revenue

    $2,928,814

    Organization Details

    Founding Year

    1963

    Principal Officer

    Crystal Riney

    Main Address

    3130 PLEASANT RUN, SPRINGFIELD, IL, 62711

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Prairie Power Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.