Overview
What is Redwood Electric Cooperative?
Redwood Electric Cooperative, based in Clements, Minnesota, is a nonprofit organization that provides electric service to approximately 3,661 members across 1,335 miles of line. Their primary mission revolves around delivering electricity to rural communities, ensuring reliable and efficient power to their member-owners with exceptional customer service. With a team of 19 dedicated employees, they strive to make a significant difference in the lives of those they serve.
Official website here: www.redwoodelectric.com
Is Redwood Electric Cooperative legitimate?
Redwood Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Redwood Electric 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: $474,677
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,375,082
For more financial information, click here
Official website here: www.redwoodelectric.com
What is the mission statement of Redwood Electric Cooperative?
Redwood Electric Cooperative is dedicated to delivering reliable and efficient electric services to its member owners. Their mission prioritizes exceptional customer service, ensuring the highest level of satisfaction for those they serve. The cooperative provides electricity to approximately 3,661 members across 1,335 miles of lines. Their focus remains on meeting the unique energy needs of rural communities with dedication and commitment.
Official website here: www.redwoodelectric.com
Who is the CEO of Redwood Electric Cooperative?
Ronald L Horman is the President of Redwood Electric Cooperative.
Official website here: www.redwoodelectric.com
What is the revenue of Redwood Electric Cooperative?
Redwood Electric Cooperative's revenue in 2022 was $16,327,136.
Official website here: www.redwoodelectric.com
Who are the executives of Redwood Electric Cooperative and what are their salaries?
The average compensation at Redwood Electric Cooperative during 2022 was $97,356. There are 19 employees at Redwood Electric Cooperative.
Here are 14 key members and their salaries:
- Clark Gardner (Senior Foreman)
- Hope Lang (Manager Of Finance & Administration)
- Chad Nelsen (Operations Manager)
- Ronald L Horman (General Manager)
- Donald Dietz (Senior Foreman)
- Martin Berg (Foreman)
- Matthew Grunewald (Foreman)
- Michael Baune Secretary (Treasurer/Director (Beg 04/2022))
- Daniel Tauer (Vice President) [Trustee/Director]
- Richard Nelson (President) [Trustee/Director]
- Dean Fultz (Director)
- George Turbes (Director)
- Jill Weber Vanderwal Director (/Secretary/Treasurer (Beg 04/2022)) [Trustee/Director]
- Emily Evans (Director)
Official website here: www.redwoodelectric.com
Where can I find the form 990 for Redwood Electric Cooperative?
The Redwood Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.redwoodelectric.com
Learn more at the official website: www.redwoodelectric.com
Mission Statement of Redwood Electric Cooperative
Redwood Electric Cooperative, a mission-driven organization, dedicates itself to delivering reliable and efficient electricity to its member-owners with outstanding customer service. With a commitment to providing essential power to approximately 3,661 members spread across 1,335 miles of lines, this cooperative goes above and beyond to ensure uninterrupted electrical service.
Redwood Electric Cooperative's primary goal is to sustainably meet the electricity needs of its rural communities. By focusing on reliability and efficiency, the organization ensures its members can count on a consistent power supply. The cooperative's dedicated team is passionate about delivering top-notch customer service, addressing any concerns or queries promptly and professionally.
In essence, Redwood Electric Cooperative plays a vital role in empowering its members by providing them with the fundamental resource of electricity. By maintaining a robust electrical infrastructure and offering responsive customer service, this cooperative fosters a strong sense of community and trust among its members. Together, Redwood Electric Cooperative and its members work towards a sustainable, reliable, and connected future.
Impact
This information is meant to be a general summary of Redwood Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Redwood Electric Cooperative provides electricity to rural communities, serving approximately 3,661 members along 1,335 miles of line. Their mission is to provide reliable, efficient delivery of electricity and other services to their member owners with the highest level of customer service. This ensures that residents in rural areas have access to essential electrical services, improving their quality of life and supporting economic development in these regions.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$15,808,830
CAPITAL CREDITS
Revenue
$642,222
OTHER OPERATING
Revenue
$83,109
EQUITY INVESTMENTS
Revenue
$56,761
Organization Details
Founding Year
1937
Phone
(507) 692-2214
Principal Officer
Ronald L Horman
Main Address
60 PINE STREET, CLEMENTS, MN, 56224
Website
www.redwoodelectric.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Redwood Electric 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.