Riverland Energy Cooperative

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

EIN: 390663435 ✦ Arcadia, WI ✦ Designated as a 501(c)(12)

Overview

What is Riverland Energy Cooperative?

Riverland Energy Cooperative is a public utility based in Arcadia, Wisconsin. They are a nonprofit organization dedicated to serving their community by supplying electricity to its members. As a cooperative, their mission is to ensure a consistent power source for their customers. The cooperative's operations remain focused on this primary goal.


Official website here: www.riverlandenergy.com

Is Riverland Energy Cooperative legitimate?

Riverland Energy Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Riverland Energy 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: $1,221,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.riverlandenergy.com

What is the mission statement of Riverland Energy Cooperative?

Riverland Energy Cooperative is a utility company dedicated to supplying electricity to its members. Based in Wisconsin, the cooperative's primary mission is to ensure a consistent power source for its clientele. The cooperative goes beyond just providing electricity, as it functions as a public utility, catering to the energy needs of its community. Its commitment to its members extends beyond electricity, as it strives to improve the overall energy landscape and contribute positively to the community it serves. The cooperative's goal is to ensure a reliable and sustainable energy solution for all its members. With a focus on customer satisfaction and community well-being, Riverland Energy Cooperative continues to make strides in the energy sector.


Official website here: www.riverlandenergy.com

Who is the CEO of Riverland Energy Cooperative?

Timothy Holtan is the Board President of Riverland Energy Cooperative.


Official website here: www.riverlandenergy.com

What is the revenue of Riverland Energy Cooperative?

Riverland Energy Cooperative's revenue in 2022 was $42,632,803.


Official website here: www.riverlandenergy.com

Who are the executives of Riverland Energy Cooperative and what are their salaries?

The average compensation at Riverland Energy Cooperative during 2022 was $23,945. There are 51 employees at Riverland Energy Cooperative.

Here are 16 key members and their salaries:

    Jerald Sorenson (General Manager)
  • Compensation: $239,189
  • Related: $0
  • Other: $0

    • Timothy Holtan (Operations Manager)
  • Compensation: $142,799
  • Related: $0
  • Other: $83,123

    • Tyler Vitse (Lineman)
  • Compensation: $129,188
  • Related: $0
  • Other: $17,987

    • Dillon Marten (Lineman)
  • Compensation: $129,188
  • Related: $0
  • Other: $17,723

    • Brett Palmer (Lineman)
  • Compensation: $122,788
  • Related: $0
  • Other: $19,224

    • Marc Mades (Lineman)
  • Compensation: $123,478
  • Related: $0
  • Other: $13,452

    • Mark Schamaun (Lineman)
  • Compensation: $121,575
  • Related: $0
  • Other: $0

    • David Paudler (Board President) [Trustee/Director]
  • Compensation: $15,175
  • Related: $0
  • Other: $0

    • Dennis Frame (Board Secretarytreas) [Trustee/Director]
  • Compensation: $15,050
  • Related: $0
  • Other: $0

    • Bernadine Zingsheim (Director)
  • Compensation: $11,850
  • Related: $0
  • Other: $0

    • Cletus Foegen (Director)
  • Compensation: $11,200
  • Related: $0
  • Other: $0

    • Gary Dvoracek (Director)
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • Fran Fedie (Director)
  • Compensation: $10,575
  • Related: $0
  • Other: $0

    • Bryce Lisowski (Director)
  • Compensation: $9,600
  • Related: $0
  • Other: $0

    • David Anderson (Director)
  • Compensation: $9,075
  • Related: $0
  • Other: $0

    • Filla Dan (Board Vice President) [Trustee/Director]
  • Compensation: $8,825
  • Related: $0
  • Other: $0


  • Official website here: www.riverlandenergy.com

    Where can I find the form 990 for Riverland Energy Cooperative?

    The Riverland Energy Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.riverlandenergy.com

    Learn more at the official website: www.riverlandenergy.com

    Mission Statement of Riverland Energy Cooperative

    Riverland Energy Cooperative, a public utility based in Wisconsin, is dedicated to delivering electricity to its members. With a mission to power homes and businesses, Riverland Energy Cooperative goes above and beyond to ensure a reliable energy source for its community.

    The cooperative plays a vital role in providing essential electricity to its members, making their daily lives more comfortable and efficient. By harnessing the power of electricity, Riverland Energy Cooperative contributes significantly to the well-being and progress of the communities it serves.

    Riverland Energy Cooperative is not just a power supplier, but also a committed partner to its members. It strives to maintain a strong connection with its community, ensuring their energy needs are met with care and dedication. Through its reliable and consistent electricity services, Riverland Energy Cooperative helps its members thrive in their personal and professional lives.

    Impact

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




    Thursday, August 15, 2024

    Riverland Energy Cooperative's impact can be seen in the provision of electricity to its members. This ensures that individuals and businesses in its service areas have access to a reliable source of energy to power their homes, offices, and other facilities. By delivering electricity, Riverland Energy Cooperative contributes to the overall infrastructure and development of the communities it serves. This impact extends to enhancing the quality of life, supporting economic activities, and promoting sustainability through the provision of essential services.





    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: $1,437,412
  • Program Service Revenue: $41,162,988
  • Gross Receipts: $42,632,803

    • Assets and Liabilities:
  • Total Assets: $125,319,295
  • Total Liabilities: $73,955,521
  • Net Assets: $51,363,774
  • Programs

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

    Program Service Rev

    Revenue

    $41,162,988

    Organization Details

    Founding Year

    1937

    Principal Officer

    Timothy Holtan

    Main Address

    PO Box 277, Arcadia, WI, 54612

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Riverland Energy Cooperative 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.