Flathead Electric Cooperative Inc

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

EIN: 810135783 ✦ Kalispell, MT ✦ Designated as a 501(c)(12)

Overview

What is Flathead Electric Cooperative Inc?

Flathead Electric Cooperative Inc, based in Kalispell, Montana, is a member-owned cooperative with a mission to distribute electricity to approximately 57,166 members residing in and around the Flathead Valley, Libby, Elk Basin, and Cooke City areas. With a workforce of 184 employees, the cooperative focuses on generating and acquiring electric power for distribution. Through their operations, they aim to provide competitive, reliable electric services, prioritizing member satisfaction, and enhancing the quality of life in their communities.


Official website here: www.flatheadelectric.com

Is Flathead Electric Cooperative Inc legitimate?

Flathead Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Flathead 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,616,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,854,365

For more financial information, click here


Official website here: www.flatheadelectric.com

What is the mission statement of Flathead Electric Cooperative Inc?

The Flathead Electric Cooperative Inc is committed to delivering rural electric power to its members in their service area. As a member-owned cooperative, it strives to provide competitive and reliable electric service, ensuring the highest level of member satisfaction. The cooperative aims to enhance the quality of life in the communities it serves. It generates and acquires electric power for distribution to approximately 57,166 members (as of December 31, 2022). The cooperative's mission goes beyond just providing electricity; it aspires to contribute to the betterment of its members' lives.


Official website here: www.flatheadelectric.com

Who is the CEO of Flathead Electric Cooperative Inc?

Mark Johnson is the General Manager of Flathead Electric Cooperative Inc.


Official website here: www.flatheadelectric.com

What is the revenue of Flathead Electric Cooperative Inc?

Flathead Electric Cooperative Inc's revenue in 2022 was $130,777,955.


Official website here: www.flatheadelectric.com

Who are the executives of Flathead Electric Cooperative Inc and what are their salaries?

The average compensation at Flathead Electric Cooperative Inc during 2022 was $78,645. There are 184 employees at Flathead Electric Cooperative Inc.

Here are 18 key members and their salaries:

    Mark Johnson (General Manager)
  • Compensation: $345,266
  • Related: $0
  • Other: $196,849

    • Jason Williams (Assistant General Manager)
  • Compensation: $231,907
  • Related: $0
  • Other: $122,628

    • Tod Young (Finance & Accounting Manager/Cfo)
  • Compensation: $178,146
  • Related: $0
  • Other: $118,827

    • John Goroski (Power, Rates & Compliance Manager)
  • Compensation: $183,046
  • Related: $0
  • Other: $106,487

    • Brian Plunkett (Engineering Manager)
  • Compensation: $170,278
  • Related: $0
  • Other: $113,978

    • Allen Thorson (Operations Superintendent)
  • Compensation: $163,763
  • Related: $0
  • Other: $101,000

    • Teresa Miller (Member Services Manager)
  • Compensation: $159,623
  • Related: $0
  • Other: $100,114

    • Dalane Daken (Journeyman Lineman Foreman)
  • Compensation: $162,240
  • Related: $0
  • Other: $83,777

    • Tia Robbin (Assistant General Manager)
  • Compensation: $172,989
  • Related: $0
  • Other: $72,726

    • Gary Boe (Board President) [Trustee/Director]
  • Compensation: $45,849
  • Related: $0
  • Other: $0

    • Stacey Schnebel (Board Vice President) [Trustee/Director]
  • Compensation: $44,944
  • Related: $0
  • Other: $0

    • Duane Braaten (Trustee)
  • Compensation: $43,638
  • Related: $0
  • Other: $0

    • Alan Ruby (Trustee)
  • Compensation: $43,042
  • Related: $0
  • Other: $0

    • Jerry Bygren (Board Secretary/Treasurer) [Trustee/Director]
  • Compensation: $39,974
  • Related: $0
  • Other: $0

    • Jake Van Houten (Trustee)
  • Compensation: $39,420
  • Related: $0
  • Other: $0

    • Steve Streich (Trustee)
  • Compensation: $38,052
  • Related: $0
  • Other: $0

    • Terry Crooks (Trustee)
  • Compensation: $27,621
  • Related: $0
  • Other: $-2,168

    • Jay Downen (Trustee)
  • Compensation: $24,400
  • Related: $0
  • Other: $0


  • Official website here: www.flatheadelectric.com

    Where can I find the form 990 for Flathead Electric Cooperative Inc?

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


    Official website here: www.flatheadelectric.com

    Learn more at the official website: www.flatheadelectric.com

    Mission Statement of Flathead Electric Cooperative Inc

    Flathead Electric Cooperative Inc, a member-owned cooperative, is dedicated to providing rural electric power distribution to approximately 57,166 members in various areas of Montana. Beyond just electricity, the cooperative strives to achieve competitive and reliable service, ensuring the highest level of member satisfaction, and enhancing the quality of life in the communities it serves. As a mission-driven organization, Flathead Electric Cooperative Inc generates and acquires electric power for distribution to its members in the Flathead Valley, Libby, Elk Basin, and Cooke City areas. With a commitment to excellence, the cooperative not only powers homes and businesses but also plays a vital role in improving the overall well-being of its community members.

    Impact

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




    Thursday, August 15, 2024

    Flathead Electric Cooperative Inc's impact can be seen in the reliable and competitive rural electric power distribution services it provides to over 57,166 members in and around the Flathead Valley, Libby, Elk Basin, and Cooke City areas of Montana. By focusing on meeting the energy needs of its members, this cooperative plays a crucial role in enhancing the quality of life in these communities. Through its mission as a member-owned cooperative, Flathead Electric Cooperative Inc works towards achieving the highest level of member satisfaction while striving to provide essential services for the public benefit.





    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: $191,990
  • Program Service Revenue: $128,683,773
  • Gross Receipts: $130,777,955

    • Assets and Liabilities:
  • Total Assets: $278,915,146
  • Total Liabilities: $195,840,210
  • Net Assets: $83,074,936
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRICITY SALES

    Revenue

    $128,236,515

    Organization Details

    Founding Year

    1937

    Principal Officer

    Mark Johnson

    Main Address

    2510 US HIGHWAY 2 EAST, KALISPELL, MT, 599012397

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Flathead Electric Cooperative Inc 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.