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Nuvista Light & Electric Cooperative Inc

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

EIN: 452575211 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

Overview

What is Nuvista Light & Electric Cooperative Inc?

Nuvista Light & Electric Cooperative Inc, based in Anchorage, Alaska, is a nonprofit organization dedicated to energy-related initiatives. They engage in regional and community energy planning, conduct feasibility studies, and promote energy education. Furthermore, they execute energy infrastructure projects and collaborate with non-profit and Tribal groups. Nuvista also participates in the BIA program, contributing to business development and capacity building in Kwethluk, preparing the community for potential wind and battery projects. Their mission is to foster sustainable energy solutions, ultimately benefiting the communities they serve.


Official website here: www.nuvistacoop.org

Is Nuvista Light & Electric Cooperative Inc legitimate?

Nuvista Light & Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nuvista Light & Electric Cooperative 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $128,389
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,749

For more financial information, click here


Official website here: www.nuvistacoop.org

What is the mission statement of Nuvista Light & Electric Cooperative Inc?

Nuvista Light & Electric Cooperative Inc's mission is centered around energy-related initiatives. They engage in regional and community energy planning, conduct feasibility studies, promote energy education, and undertake energy infrastructure projects. The cooperative also collaborates with non-profit and Tribal groups in these endeavors. Furthermore, they participate in a Business and Industry Assistance program, which aids in the preparation of communities for potential wind and battery projects. Although not explicitly stated, it can be inferred that their goal is to contribute to energy sustainability and community development.


Official website here: www.nuvistacoop.org

Who is the CEO of Nuvista Light & Electric Cooperative Inc?

Sean Glasheen is the Executive Director of Nuvista Light & Electric Cooperative Inc.


Official website here: www.nuvistacoop.org

What is the revenue of Nuvista Light & Electric Cooperative Inc?

Nuvista Light & Electric Cooperative Inc's revenue in 2022 was $1,326,329.


Official website here: www.nuvistacoop.org

Who are the executives of Nuvista Light & Electric Cooperative Inc and what are their salaries?

The average compensation at Nuvista Light & Electric Cooperative Inc during 2022 was $67,379. There are 3 employees and 7 volunteers at Nuvista Light & Electric Cooperative Inc.

Here are 9 key members and their salaries:

    Natalie Hanson (Executive Director)
  • Compensation: $58,000
  • Related: $0
  • Other: $10,389

    • Sean Glasheen (Executive Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0

    • George Guy (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Stamm (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Hankins (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vivian Korthuis (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Winkelman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Charlie (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roderick Phillip (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nuvistacoop.org

    Where can I find the form 990 for Nuvista Light & Electric Cooperative Inc?

    The Nuvista Light & Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nuvistacoop.org

    Learn more at the official website: www.nuvistacoop.org

    Mission Statement of Nuvista Light & Electric Cooperative Inc

    Nuvista Light & Electric Cooperative Inc, as a mission-driven organization, focuses on energy-related initiatives. This includes regional and community energy planning, conducting feasibility studies, delivering energy education, and executing energy infrastructure projects. The cooperative collaborates with non-profit and Tribal groups to achieve these objectives. Furthermore, Nuvista is involved in the BIA program, which aims to support business development and capacity building in Kwethluk, preparing the community for potential wind and battery projects. By undertaking these activities, Nuvista Light and Electric Cooperative strives to contribute positively to energy-related advancements and community development.

    Impact

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




    Saturday, July 20, 2024

    Nuvista Light & Electric Cooperative Inc's impact is significant in its contribution to community improvement through energy-focused initiatives such as regional and community energy planning, feasibility studies, energy education, and energy infrastructure projects. By collaborating with non-profit and Tribal groups, Nuvista Light & Electric Cooperative is able to effectively undertake projects that benefit the community and promote sustainable energy practices. Additionally, their participation in programs like the BIA program in Kwethluk demonstrates their commitment to business development and capacity building in underserved areas to prepare for renewable energy projects. Located in Anchorage, AK, Nuvista Light & Electric Cooperative is making a tangible difference in advancing energy sustainability and fostering economic development in the region.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,326,329

    • Assets and Liabilities:
  • Total Assets: $4,661,224
  • Total Liabilities: $86,170
  • Net Assets: $4,575,054
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Sean Glasheen

    Main Address

    PO Box 240754, Anchorage, AK, 99524

    NTEE Category

    Code: S12 - Community improvement

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