Overview
What is Mienergy Cooperative?
Mienergy Cooperative is a nonprofit organization based in Rushford, Minnesota, with a US address at 31110 Cooperative Way, ZIP code 55971. The cooperative provides electric service to approximately 23,388 members and maintains 5,571 miles of lines primarily in rural areas. Its mission is to deliver high-quality energy services at reasonable prices and maximize value for its members, ensuring sustainable practices. With a total workforce of 84 employees, Mienergy Cooperative is dedicated to delivering dependable energy solutions, prioritizing the needs of its community members.
Official website here: www.tec.coop
Is Mienergy Cooperative legitimate?
Mienergy Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mienergy 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: $836,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,592,421
For more financial information, click here
Official website here: www.tec.coop
What is the mission statement of Mienergy Cooperative?
Mienergy Cooperative is dedicated to delivering top-notch energy services to its members at reasonable prices. This mission is carried out with a commitment to maximizing value and prudent use of resources. The cooperative serves approximately 23,388 members and maintains over 5,571 miles of lines, primarily in rural areas. By focusing on quality, affordability, and resource efficiency, Mienergy Cooperative strives to meet the energy needs of its members effectively.
Official website here: www.tec.coop
Who is the CEO of Mienergy Cooperative?
Brian Krambeer is the Director of Mienergy Cooperative. The CEO's salary of Mienergy Cooperative is $312,872 and their total compensation is $504,054.
Official website here: www.tec.coop
What is the revenue of Mienergy Cooperative?
Who are the executives of Mienergy Cooperative and what are their salaries?
The average compensation at Mienergy Cooperative during 2022 was $88,443. There are 84 employees at Mienergy Cooperative.
Here are 20 key members and their salaries (Mienergy Cooperative's CEO's salary is $312,872 and their total compensation is $504,054):
- Brian Krambeer (Ceo)
- Steven Oian (Vp Of System Operations)
- Shelly Hove (Cfo)
- Michael Walton (Vp Of System Operations)
- Vassil Vutov (Vp Of Information Technology)
- Brian Bauer (Journeyman Foreman)
- Tyler Eide (Journeyman Foreman)
- Dean Nierling (President) [Trustee/Director]
- Beth Olson (Director)
- Ronald Stevens (Vice President) [Trustee/Director]
- Donald Petersen (Treasurer) [Trustee/Director]
- Jennifer Scharmer (Director)
- Jeffrey Redalen (Director)
- Dennis Young (Director)
- Dennis Ptacek (Secretary) [Trustee/Director]
- Carl Reicks (Director)
- Skip Wieser (Director)
- Kyle Holthaus (Director From 04/2022)
- Charles Frana (Director Until 04/2022)
- Dean Fisher (Director Until 04/2022)
Official website here: www.tec.coop
Where can I find the form 990 for Mienergy Cooperative?
The Mienergy Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.tec.coop
Learn more at the official website: www.tec.coop
Mission Statement of Mienergy Cooperative
Mienergy Cooperative, a dedicated organization, strives to deliver top-notch energy services to approximately 23,388 members in a cost-effective manner. Their mission goes beyond just supplying energy; they aim to maximize value for their members. This mission is carried out with the prudent use of resources, ensuring the sustainability of their services.
Mienergy Cooperative's team manages and maintains a vast network of 5,571 miles of power lines, primarily serving rural communities. Their commitment to quality and affordability makes them an essential provider in these areas. By delivering high-quality energy services at reasonable prices, Mienergy Cooperative not only meets the immediate needs of its members but also contributes to their long-term satisfaction.
The cooperative's operations are driven by the understanding that energy is an essential component of modern life. Mienergy Cooperative's dedication to its members extends beyond the mere provision of electricity. They are committed to building strong relationships and fostering a sense of community among their members. This mission of delivering high-quality energy services at reasonable prices while maintaining the wise use of resources is the cornerstone of Mienergy Cooperative's identity.
Impact
This information is meant to be a general summary of Mienergy Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Mienergy Cooperative's impact can be seen in the delivery of high-quality energy services at reasonable prices to its approximately 23,388 members, primarily in rural areas. By maintaining 5,571 miles of lines, the cooperative ensures reliable access to electricity for its members. Through its mission to maximize value for its members while promoting the wise use of resources, Mienergy Cooperative plays a crucial role in supporting the energy needs of its community in Rushford, Minnesota.
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.
OPERATING REVENUES
Revenue
$78,600,830
CAPITAL CREDITS
Revenue
$2,023,133
EQUITY EARNINGS
Revenue
$270,642
Organization Details
Founding Year
1936
Phone
(800) 432-2285
Principal Officer
Brian Krambeer
Main Address
31110 COOPERATIVE WAY, RUSHFORD, MN, 55971
Website
www.tec.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Mienergy 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.