Missoula Electric Cooperative Inc

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

EIN: 810168065 ✦ Missoula, MT ✦ Designated as a 501(c)(12)

Overview

What is Missoula Electric Cooperative Inc?

Missoula Electric Cooperative Inc, a Montana-based nonprofit, serves approximately 13,300 members in Montana and Idaho by providing them with safe, affordable, and reliable electric service. With a team of 46 employees, the cooperative is dedicated to maintaining a high level of commitment to its members. Its operations span across six counties in Montana and one county in Idaho. The organization's primary mission is to ensure the delivery of electric power, focusing on the importance of service excellence and member satisfaction.


Official website here: www.missoulaelectric.com

Is Missoula Electric Cooperative Inc legitimate?

Missoula Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Missoula 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: $961,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,561,054

For more financial information, click here


Official website here: www.missoulaelectric.com

What is the mission statement of Missoula Electric Cooperative Inc?

Missoula Electric Cooperative Inc is dedicated to providing top-notch service to its members. Their primary goal is to ensure the delivery of safe, affordable, and dependable electricity. With a membership base of around 13,300 across Montana and Idaho, the cooperative serves a significant number of households and businesses. By prioritizing service excellence, they aim to create a strong bond with their members and maintain a high level of satisfaction. The cooperative's commitment extends beyond just electricity, as they strive to foster positive relationships and contribute to the well-being of their communities.


Official website here: www.missoulaelectric.com

Who is the CEO of Missoula Electric Cooperative Inc?

Mark Hayden is the General Manager of Missoula Electric Cooperative Inc.


Official website here: www.missoulaelectric.com

What is the revenue of Missoula Electric Cooperative Inc?

Missoula Electric Cooperative Inc's revenue in 2022 was $26,435,058.


Official website here: www.missoulaelectric.com

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

The average compensation at Missoula Electric Cooperative Inc during 2022 was $98,308. There are 46 employees at Missoula Electric Cooperative Inc.

Here are 16 key members and their salaries:

    Mark Hayden (General Manager)
  • Compensation: $292,225
  • Related: $0
  • Other: $102,390

    • Keelie Montalban (Cfo)
  • Compensation: $143,158
  • Related: $0
  • Other: $70,780

    • Erik Langaunet (Engineering Manage)
  • Compensation: $137,666
  • Related: $0
  • Other: $60,263

    • Keven Kuhn (Cto)
  • Compensation: $145,701
  • Related: $0
  • Other: $38,606

    • Nicholas Labbe (Dir. Of Operations)
  • Compensation: $134,800
  • Related: $0
  • Other: $49,090

    • Mitchell Dupree (Foreman)
  • Compensation: $133,266
  • Related: $0
  • Other: $47,692

    • Maxwell Bean (Lineman)
  • Compensation: $135,754
  • Related: $0
  • Other: $43,859

    • Joseph Smith (Coo)
  • Compensation: $119,878
  • Related: $0
  • Other: $57,474

    • Dena Hooker (Vice President) [Trustee/Director]
  • Compensation: $27,350
  • Related: $0
  • Other: $0

    • Roy Handley (Sec/Treas) [Trustee/Director]
  • Compensation: $25,285
  • Related: $1,500
  • Other: $0

    • Thomas Alsaker (Trustee)
  • Compensation: $24,565
  • Related: $1,500
  • Other: $0

    • Raymond Cebulski (Trustee)
  • Compensation: $25,285
  • Related: $0
  • Other: $0

    • Pete Simonich (President) [Trustee/Director]
  • Compensation: $25,285
  • Related: $0
  • Other: $0

    • Terry Hoke (Trustee)
  • Compensation: $22,005
  • Related: $0
  • Other: $0

    • Candace Jerke (Trustee)
  • Compensation: $20,660
  • Related: $0
  • Other: $0

    • James Garrett Pallo (Trustee)
  • Compensation: $4,755
  • Related: $0
  • Other: $0


  • Official website here: www.missoulaelectric.com

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

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


    Official website here: www.missoulaelectric.com

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

    Mission Statement of Missoula Electric Cooperative Inc

    Missoula Electric Cooperative Inc, a dedicated organization, is committed to delivering safe, affordable, and reliable electricity to its esteemed members. With a strong focus on service excellence, the Cooperative goes above and beyond to ensure the consistent power supply that its community relies on.

    The Cooperative serves approximately 13,300 members spread across six counties in Montana and one county in Idaho. By upholding its commitment to providing reliable electric service, Missoula Electric Cooperative Inc plays a vital role in enhancing the quality of life for its members. The organization's unwavering dedication to its mission is evident in its daily operations and the consistency with which it delivers on its promise.

    In a world where access to electricity is essential for modern living, Missoula Electric Cooperative Inc stands as a beacon of reliability and commitment for its members. By focusing on the needs of its community and prioritizing the delivery of safe, affordable, and dependable electric service, the Cooperative has earned the trust and loyalty of those it serves.

    Impact

    This information is meant to be a general summary of Missoula 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

    Missoula Electric Cooperative Inc plays a significant role in providing safe, affordable, and reliable electricity to approximately 13,300 members in Montana and Idaho. By upholding a commitment to service excellence, the cooperative ensures that its members have access to essential energy resources. This impact extends to improving the quality of life for individuals and communities by ensuring a consistent and dependable source of electricity. Additionally, by operating as a public benefit organization, Missoula Electric Cooperative Inc contributes to the overall well-being and sustainability of the regions it serves.





    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: $362,100
  • Program Service Revenue: $25,056,978
  • Gross Receipts: $26,437,138

    • Assets and Liabilities:
  • Total Assets: $75,821,865
  • Total Liabilities: $40,873,817
  • Net Assets: $34,948,048
  • Programs

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

    Member power sales

    Revenue

    $24,892,643

    Other operating revenues

    Revenue

    $164,335

    Organization Details

    Founding Year

    1937

    Principal Officer

    Mark Hayden

    Main Address

    1700 W Broadway, Missoula, MT, 59808

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Missoula 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.