Overview
What is Maquoketa Valley Rural Electric Cooperat?
Maquoketa Valley Rural Electric Cooperative is a nonprofit organization based in Anamosa, Iowa, with a US address at 109 N Huber St, ZIP code 52205. They serve over 16,784 rural residential and commercial members in nine counties in Northeastern Iowa, covering a total area of 3,313 miles with 17,677 metered services. Their mission is to provide reliable, quality electric, internet, and telephone services in a safe, respectful, environmentally responsible, and cost-effective manner. The cooperative employs 84 individuals and aims to be the utility of choice, enhancing the quality of life and promoting the success of local communities.
Official website here: www.mvec.coop
Is Maquoketa Valley Rural Electric Cooperat legitimate?
Maquoketa Valley Rural Electric Cooperat is a legitimate nonprofit organization registered as a 501(c)(12) entity. Maquoketa Valley Rural Electric Cooperat 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: $572,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $668,267
For more financial information, click here
Official website here: www.mvec.coop
What is the mission statement of Maquoketa Valley Rural Electric Cooperat?
Maquoketa Valley Rural Electric Cooperative is dedicated to delivering reliable and quality electric, internet, and telephone services in a safe, respectful, and environmentally responsible manner. This commitment aims to enhance the quality of life of its members and contribute to the success of their local communities. The cooperative covers over 16,000 rural residential and commercial consumers across nine counties in Iowa, providing electric energy services through approximately 3,300 miles of distribution lines.
Official website here: www.mvec.coop
Who is the CEO of Maquoketa Valley Rural Electric Cooperat?
Jeremy Richert is the President of Maquoketa Valley Rural Electric Cooperat. The CEO's salary of Maquoketa Valley Rural Electric Cooperat is $228,547 and their total compensation is $353,060.
Official website here: www.mvec.coop
What is the revenue of Maquoketa Valley Rural Electric Cooperat?
Maquoketa Valley Rural Electric Cooperat's revenue in 2022 was $41,739,956.
Official website here: www.mvec.coop
Who are the executives of Maquoketa Valley Rural Electric Cooperat and what are their salaries?
The average compensation at Maquoketa Valley Rural Electric Cooperat during 2022 was $14,773. There are 84 employees at Maquoketa Valley Rural Electric Cooperat.
Here are 16 key members and their salaries (Maquoketa Valley Rural Electric Cooperat's CEO's salary is $228,547 and their total compensation is $353,060):
- Jeremy Richert (Ceo/Executive Vice President)
- Dan Schulte (Director Of Operations)
- Brent Wegmann (Director Of It)
- Kelly Gibbs (Chief Financial Officer)
- Dean Koopmann (Technical Services Manager)
- Anthony Sheridan (Foreman - Lead Lineman)
- Peter Boffeli (Lead Lineman - Foreman)
- Ron Thielen (President) [Trustee/Director]
- Charles Mccullough (Assistant Secretary) [Trustee/Director]
- Billie Zumbach (Director)
- Thomas Stewart (Vice President) [Trustee/Director]
- Judy Gotto (Treasurer) [Trustee/Director]
- Larry Swanson (Director)
- Charlie Peters (Director)
- Eugene Manternach (Secretary) [Trustee/Director]
- Jan Null (Director)
Official website here: www.mvec.coop
Where can I find the form 990 for Maquoketa Valley Rural Electric Cooperat?
The Maquoketa Valley Rural Electric Cooperat’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mvec.coop
Learn more at the official website: www.mvec.coop
Mission Statement of Maquoketa Valley Rural Electric Cooperat
Maquoketa Valley Rural Electric Cooperative, a leading utility provider, is dedicated to delivering reliable and quality electric, internet, and telephone services in a safe, respectful, and environmentally responsible manner. committed to enhancing the quality of life of its members and contributing to the success of their local communities. The cooperative covers over 16,784 rural residential and commercial consumer households across nine counties in Northeastern Iowa, spanning 3,313 miles of distribution lines.
Maquoketa Valley Rural Electric Cooperative's mission goes beyond just providing electric energy services. It strives to be the utility of choice by ensuring the services it offers are safe, respectful, and cost-effective. The cooperative's team works tirelessly to maintain a reliable and high-quality electric grid, ensuring that members have consistent access to power. Additionally, the organization offers internet and telephone services, expanding its offerings to meet the evolving needs of its members.
Maquoketa Valley Rural Electric Cooperative's commitment to the environment is another essential aspect of its mission. It continually strives to reduce its carbon footprint and promote sustainable practices throughout its operations. This approach not only benefits the environment but also demonstrates its dedication to the long-term success of the communities it serves.
In summary, Maquoketa Valley Rural Electric Cooperative is a mission-driven utility provider that focuses on delivering reliable, quality, and cost-effective electric, internet, and telephone services to its members in a safe, respectful, and environmentally responsible manner. Its efforts go beyond just providing essential services, as it seeks to be a valued partner in the success and growth of the communities it serves.
Impact
This information is meant to be a general summary of Maquoketa Valley Rural Electric Cooperat. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Maquoketa Valley Rural Electric Cooperative plays a crucial role in providing reliable electric, internet, and telephone services to over 16,000 rural residential and commercial member-consumers in nine counties in Northeastern Iowa. By ensuring access to essential utilities in these underserved areas, the cooperative contributes significantly to the quality of life of its members and promotes the overall success of their local communities. This impact is vital for economic development, social connectivity, and environmental sustainability in the region served by Maquoketa Valley Rural Electric Cooperative.
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 & Other Services
Revenue
$41,046,657
Organization Details
Founding Year
1936
Phone
(319) 462-3542
Principal Officer
Jeremy Richert
Main Address
109 N Huber St, Anamosa, IA, 522050370
Website
www.mvec.coop
NTEE Category
Code: W80 - Public benefit
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