Overview
What is Northern Electric Cooperative?
Northern Electric Cooperative is a nonprofit organization headquartered in Bath, South Dakota (PO Box 457). Its mission is to provide reliable and affordable electrical energy to approximately 6,587 members in rural areas, covering around 2,514 miles of power lines. The cooperative has recently added or replaced 58 miles of lines and retired 51 miles. The organization, with a team of 42 employees, is committed to offering its members the best quality and quantity of electricity, ensuring sound business practices and financial feasibility.
Official website here: www.northernelectric.coop
Is Northern Electric Cooperative legitimate?
Northern Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northern 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: $481,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,825,736
For more financial information, click here
Official website here: www.northernelectric.coop
What is the mission statement of Northern Electric Cooperative?
The Northern Electric Cooperative is dedicated to delivering a reliable and high-quality electrical energy supply to its members at affordable rates. Established with the goal of sound business practices and financial feasibility, the cooperative aims to enhance the lives of its members by providing additional desirable services that contribute to their overall well-being. The organization's primary purpose revolves around ensuring a dependable electricity supply, ensuring the satisfaction and needs of its members are met.
Official website here: www.northernelectric.coop
Who is the CEO of Northern Electric Cooperative?
Charlene Hager is the President of Northern Electric Cooperative. The CEO's salary of Northern Electric Cooperative is $157,875 and their total compensation is $276,713.
Official website here: www.northernelectric.coop
What is the revenue of Northern Electric Cooperative?
Northern Electric Cooperative's revenue in 2022 was $30,719,297.
Official website here: www.northernelectric.coop
Who are the executives of Northern Electric Cooperative and what are their salaries?
The average compensation at Northern Electric Cooperative during 2022 was $78,738. There are 42 employees at Northern Electric Cooperative.
Here are 19 key members and their salaries (Northern Electric Cooperative's CEO's salary is $157,875 and their total compensation is $276,713):
- Charlene Hager (General Manager/Ceo)
- Martin Newman (Line Foreman)
- Derek Gorecki (It Manager)
- Russ Ulmer (Member Services Manager)
- Jerry Weber (Operations Manager)
- Ben Peterson (Line Foreman)
- Lorisa Rudolph - Joined 22022 (Cfo)
- Cathi Podoll - Left 72022 (Cfo)
- Ronald Kaaz (Secretary) [Trustee/Director]
- Todd Hettich (Director/Vice President)
- Donna Sharp - Left 92022 (President) [Trustee/Director]
- Kirk Schaunaman (Director)
- Josh Larson (Treasurer) [Trustee/Director]
- Mike Traxinger (Director)
- Nolan Wipf (Vice President/President) [Trustee/Director]
- Fran Esser (Director)
- William Hansen - Joined 52022 (Director)
- Scott Sperry - Joined 92022 (Director)
- Jeff Vanderwal - Left 32022 (Director)
Official website here: www.northernelectric.coop
Where can I find the form 990 for Northern Electric Cooperative?
The Northern Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.northernelectric.coop
Learn more at the official website: www.northernelectric.coop
Mission Statement of Northern Electric Cooperative
Northern Electric Cooperative, a not-for-profit organization, is dedicated to delivering a reliable and high-quality electrical energy supply to its members at affordable rates. The cooperative's primary goal is to ensure that its members receive an electrical energy service that is both economically viable and aligned with sound business practices. The organization strives to provide additional desirable services to its members for their overall betterment. By focusing on these objectives, Northern Electric Cooperative aims to create a strong and sustainable energy solution for the communities it serves.
Impact
This information is meant to be a general summary of Northern Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Northern Electric Cooperative's impact is significant as it provides essential electricity services to rural areas, ensuring that approximately 6,587 members have access to dependable and affordable electrical energy. The cooperative serves a vast area with 2,514 miles of electrical lines, continuously maintaining and improving its infrastructure by adding or replacing 58 miles of lines while responsibly retiring 51 miles of outdated ones. Through its mission of delivering quality energy at the lowest possible rates and providing additional services for the betterment of its members, Northern Electric Cooperative plays a crucial role in supporting the community's welfare and development.
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
$27,989,037
CAPITAL CREDITS
Revenue
$2,460,135
OTHER OPERATING
Revenue
$136,409
Organization Details
Founding Year
1941
Phone
(605) 225-0310
Principal Officer
Charlene Hager
Main Address
PO BOX 457, BATH, SD, 57427
Website
www.northernelectric.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Northern 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.