Overview
What is Lower Yellowstone Rural Electric Cooperative Inc?
Lower Yellowstone Rural Electric Cooperative Inc is a nonprofit organization dedicated to delivering electricity efficiently and cost-effectively to its members. Based on the provided information, the cooperative specializes in the distribution of electricity to its community. The mission of Lower Yellowstone Rural Electric Cooperative Inc is to provide this essential service, ensuring reliable access to electricity for its membership base.
Official website here: www.lyrec.com
Is Lower Yellowstone Rural Electric Cooperative Inc legitimate?
Lower Yellowstone Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lower Yellowstone Rural 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: $711,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $590,620
For more financial information, click here
Official website here: www.lyrec.com
What is the mission statement of Lower Yellowstone Rural Electric Cooperative Inc?
The Lower Yellowstone Rural Electric Cooperative Inc is dedicated to delivering electricity to its members in an efficient and cost-effective manner. This cooperative focuses solely on providing electrical services to its community. Its mission is to ensure that members have consistent access to electricity, enhancing their quality of life and supporting the development of their communities. By distributing electricity effectively, the cooperative aims to foster economic growth and improve the living conditions of its members. This commitment to reliable power supply sets the foundation for a better future for those who depend on its services.
Official website here: www.lyrec.com
Who is the CEO of Lower Yellowstone Rural Electric Cooperative Inc?
Allen Thiessen is the President of Lower Yellowstone Rural Electric Cooperative Inc. The CEO's salary of Lower Yellowstone Rural Electric Cooperative Inc is $199,472 and their total compensation is $199,472.
Official website here: www.lyrec.com
What is the revenue of Lower Yellowstone Rural Electric Cooperative Inc?
Lower Yellowstone Rural Electric Cooperative Inc's revenue in 2022 was $35,074,052.
Official website here: www.lyrec.com
Who are the executives of Lower Yellowstone Rural Electric Cooperative Inc and what are their salaries?
The average compensation at Lower Yellowstone Rural Electric Cooperative Inc during 2022 was $38,285. There are 34 employees at Lower Yellowstone Rural Electric Cooperative Inc.
Here are 15 key members and their salaries (Lower Yellowstone Rural Electric Cooperative Inc's CEO's salary is $199,472 and their total compensation is $199,472):
- Jason Brothen (Ceo)
- Chris Hillesland (Coo)
- Ryder Peterson (Employee)
- Corey Candee (Cio)
- Kyle Kavanagh (Employee)
- Kelly Keysor (Operations M)
- Jesse Obergfell (Lineman)
- Richard Gorde (Foreman)
- Dennis Nelson (Trustee)
- Greg Rauschendorfer (Vice Preside) [Trustee/Director]
- Colin Gartner (Trustee)
- Dennis Schmierer (Secretary) [Trustee/Director]
- Allen Thiessen (President) [Trustee/Director]
- James Vitt (Trustee)
- Timothy Franzen (Trustee)
Official website here: www.lyrec.com
Where can I find the form 990 for Lower Yellowstone Rural Electric Cooperative Inc?
The Lower Yellowstone Rural Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lyrec.com
Learn more at the official website: www.lyrec.com
Mission Statement of Lower Yellowstone Rural Electric Cooperative Inc
Lower Yellowstone Rural Electric Cooperative Inc is dedicated to providing electricity to its cooperative members in an efficient and cost-effective manner. The organization's primary mission is to distribute electricity to its members, ensuring they have access to reliable power sources.
In simple terms, Lower Yellowstone Rural Electric Cooperative Inc serves as an essential utility provider for its community. Its mission goes beyond just distributing electricity; it aims to deliver power in a way that benefits its members, ensuring they have consistent and affordable access to electricity. The cooperative's commitment to efficiency and cost-effectiveness reflects its dedication to the well-being of its members, understanding that access to electricity is vital for their daily lives.
Moreover, Lower Yellowstone Rural Electric Cooperative Inc focuses on delivering electricity to its members exclusively. This focus on serving its cooperative sets it apart, as it ensures the organization's resources are dedicated to meeting the unique needs and demands of its members. By providing electricity to its members, Lower Yellowstone Rural Electric Cooperative Inc plays a crucial role in enhancing the quality of life within its community.
Impact
This information is meant to be a general summary of Lower Yellowstone Rural 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
Lower Yellowstone Rural Electric Cooperative Inc's impact is primarily focused on providing electricity to its members in an efficient and cost-effective manner. By distributing electricity exclusively to its members, the cooperative contributes to ensuring reliable power access for rural residents in the Sidney, Montana area. This service plays a crucial role in supporting the everyday activities and quality of life for individuals and businesses within its community. Through its mission to provide electricity to its members, Lower Yellowstone Rural Electric Cooperative Inc serves a vital public benefit by helping to meet the energy needs of its local population.
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 ELECTRICITY
Revenue
$34,231,112
Organization Details
Founding Year
1937
Phone
(406) 488-1602
Principal Officer
Allen Thiessen
Main Address
PO BOX 1047, SIDNEY, MT, 59270
Website
www.lyrec.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Lower Yellowstone Rural 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.