Overview
What is Rushmore Electric Power Coop?
Rushmore Electric Power Coop is a wholesale power supplier to distribution companies. As a cooperative, they contribute to the energy sector by providing electricity to their clientele effectively and efficiently. The detailed description of their activities is limited due to the data provided, but it can be inferred that they operate as a significant power supplier.
Official website here: www.rushelec.com
Is Rushmore Electric Power Coop legitimate?
Rushmore Electric Power Coop is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rushmore Electric Power Coop 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: $323,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,803,812
For more financial information, click here
Official website here: www.rushelec.com
What is the mission statement of Rushmore Electric Power Coop?
Rushmore Electric Power Coop functions as a wholesale power supplier to distribution companies. Their mission is geared towards delivering electricity resources to their clients effectively. They prioritize reliability and efficiency in the power supply chain, ensuring a consistent flow of energy to the end-users. The Coop's operations contribute to the stability of the power grid, providing essential services to communities. Additionally, they may invest in research and development to optimize their power generation methods and improve overall performance. Their role is crucial in ensuring access to electricity for various industries and residential areas.
Official website here: www.rushelec.com
Who is the CEO of Rushmore Electric Power Coop?
Kory Hammerbeck is the Ceo/General of Rushmore Electric Power Coop. The CEO's salary of Rushmore Electric Power Coop is $225,087 and their total compensation is $283,516.
Official website here: www.rushelec.com
What is the revenue of Rushmore Electric Power Coop?
Rushmore Electric Power Coop's revenue in 2022 was $14,508,098.
Official website here: www.rushelec.com
Who are the executives of Rushmore Electric Power Coop and what are their salaries?
The average compensation at Rushmore Electric Power Coop during 2022 was $73,370. There are 29 employees at Rushmore Electric Power Coop.
Here are 12 key members and their salaries (Rushmore Electric Power Coop's CEO's salary is $225,087 and their total compensation is $283,516):
- Kory Hammerbeck (Ceo/General)
- Cory Trapp (Engineering)
- Marc Charles Zautke (Cio)
- Mark Miller (Cfo)
- Justin Brickner (Secretary) [Trustee/Director]
- Paul Lawrence (Director)
- Dwight Rossow (President) [Trustee/Director]
- Tom Schlack (Director)
- Jerry Hammerquist (Director)
- Dan Hefner (Treasurer) [Trustee/Director]
- Dave Lindblom (Vice Preside) [Trustee/Director]
- Mike Mcquistion (Director)
Official website here: www.rushelec.com
Where can I find the form 990 for Rushmore Electric Power Coop?
The Rushmore Electric Power Coop’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.rushelec.com
Learn more at the official website: www.rushelec.com
Mission Statement of Rushmore Electric Power Coop
Rushmore Electric Power Coop, a wholesale power supplier to distribution companies, is dedicated to delivering electricity to various communities. In the role of a power provider, this cooperative ensures a steady and reliable flow of energy to its partnering distribution companies.
At its core, Rushmore Electric Power Coop's mission revolves around supplying wholesale power. By doing so, it supports the electricity needs of various areas, enabling local distribution companies to deliver electricity to households and businesses effectively. The cooperative's contribution plays a crucial role in maintaining a consistent power supply and ensuring that energy demands are met.
Although the text provided does not offer extensive details about the specific initiatives or the communities that Rushmore Electric Power Coop serves, it's clear that the cooperative acts as a vital link in the power distribution chain. By functioning as a wholesale power supplier, the cooperative ensures a reliable and uninterrupted electricity supply, ultimately contributing to the smooth functioning of the communities it serves.
Impact
This information is meant to be a general summary of Rushmore Electric Power Coop. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Rushmore Electric Power Coop's impact can be seen in its role as a wholesale power supplier to distribution companies. By providing electricity at the wholesale level, Rushmore Electric Power Coop plays a critical role in ensuring that energy is efficiently distributed to homes, businesses, and other consumers. This helps to maintain a reliable power supply and support the overall functioning of the electrical grid. Additionally, as a public benefit organization, Rushmore Electric Power Coop is dedicated to serving the needs of its community and promoting the well-being of its customers.
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.
G&T CAPITAL CREDITS
Revenue
$8,820,160
ENGINEERING REVENUE
Revenue
$1,226,565
OTHER CAPITAL CREDITS
Revenue
$15,180
Organization Details
Founding Year
1950
Phone
(605) 342-4759
Principal Officer
Kory Hammerbeck
Main Address
PO BOX 2414, RAPID CITY, SD, 57709
Website
www.rushelec.com
NTEE Category
Code: W80 - Public benefit
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