Park Electric Cooperative Inc

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

EIN: 810180438 ✦ Livingston, MT ✦ Designated as a 501(c)(12)

Overview

What is Park Electric Cooperative Inc?

Park Electric Cooperative Inc is a rural electric cooperative based in Livingston, Montana. With a team of 20 employees, they dedicate their efforts to providing essential electrical services and utilities to members and patrons residing in the central region of Montana. They are committed to ensuring reliable and sustainable power solutions, contributing to the well-being and connectivity of their community.


Official website here: www.parkelectric.coop

Is Park Electric Cooperative Inc legitimate?

Park Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Park 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: $302,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $697,250

For more financial information, click here


Official website here: www.parkelectric.coop

What is the mission statement of Park Electric Cooperative Inc?

Park Electric Cooperative Inc is a rural electric cooperative dedicated to providing electrical services and utilities to members and patrons residing in a central region. Its mission is centered around supplying reliable power to enhance the daily lives of those in the community it serves. Through this commitment, the cooperative fosters economic growth and improves the overall standard of living. Additionally, the organization seeks to ensure a sustainable energy future by adhering to environmentally responsible practices. Furthermore, the cooperative is dedicated to building and maintaining strong relationships with its members, creating a sense of unity and mutual support.


Official website here: www.parkelectric.coop

Who is the CEO of Park Electric Cooperative Inc?

Alan Johnstone is the President of Park Electric Cooperative Inc. The CEO's salary of Park Electric Cooperative Inc is $178,434 and their total compensation is $178,434.


Official website here: www.parkelectric.coop

What is the revenue of Park Electric Cooperative Inc?

Park Electric Cooperative Inc's revenue in 2022 was $17,437,830.


Official website here: www.parkelectric.coop

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

The average compensation at Park Electric Cooperative Inc during 2022 was $50,000. There are 20 employees at Park Electric Cooperative Inc.

Here are 14 key members and their salaries (Park Electric Cooperative Inc's CEO's salary is $178,434 and their total compensation is $178,434):

    Matt Haggerty (Ceo)
  • Compensation: $178,434
  • Related: $0
  • Other: $0

    • Ryan Harms (Employee)
  • Compensation: $124,444
  • Related: $0
  • Other: $0

    • Joshua Fatouros (Employee)
  • Compensation: $121,884
  • Related: $0
  • Other: $0

    • Dave Hanisch (Employee)
  • Compensation: $116,084
  • Related: $0
  • Other: $0

    • Matt Grose (Employee)
  • Compensation: $115,315
  • Related: $0
  • Other: $0

    • Sawyer Moser (Employee)
  • Compensation: $112,715
  • Related: $0
  • Other: $0

    • Carol Amunrud (Cfo)
  • Compensation: $72,595
  • Related: $0
  • Other: $0

    • Craig Yost (Vice Preside) [Trustee/Director]
  • Compensation: $18,557
  • Related: $0
  • Other: $0

    • Alan Johnstone (President) [Trustee/Director]
  • Compensation: $12,968
  • Related: $0
  • Other: $0

    • Albert Otis (Secretary/Tr) [Trustee/Director]
  • Compensation: $9,431
  • Related: $0
  • Other: $0

    • Dan Skattum (Trustee)
  • Compensation: $6,626
  • Related: $0
  • Other: $0

    • C Perry Anderson (Trustee)
  • Compensation: $2,160
  • Related: $0
  • Other: $0

    • Melanie C Roe (Trustee)
  • Compensation: $1,984
  • Related: $0
  • Other: $0

    • Matt Jesson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.parkelectric.coop

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

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


    Official website here: www.parkelectric.coop

    Learn more at the official website: www.parkelectric.coop

    Mission Statement of Park Electric Cooperative Inc

    Park Electric Cooperative Inc, a rural electric cooperative, is dedicated to providing electrical services and utilities to members and patrons residing in the central portion of Montana. This cooperative's mission is geared towards ensuring that residents in this region have reliable access to electricity essential for their daily lives.

    In simple terms, Park Electric Cooperative Inc functions as a not-for-profit electricity provider, catering to the power needs of its community members spread across the central Montana region. The cooperative's unwavering commitment to its mission is reflected in its daily operations, aiming to bring the luxury of electricity to the rural areas of Montana. By delivering dependable and efficient electrical services, the cooperative empowers its members to improve their living standards and thrive in their communities.

    Impact

    This information is meant to be a general summary of Park 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

    Park Electric Cooperative Inc's impact lies in providing essential electrical services and utilities to its members and patrons located in the central portion of Montana. By ensuring reliable access to electricity in rural areas, the cooperative contributes to the development and well-being of communities by powering homes, businesses, and essential services. Additionally, Park Electric Cooperative Inc plays a crucial role in enhancing the quality of life for residents by improving access to modern amenities and facilitating economic activities in the region. Through its mission of supplying electrical services, the cooperative positively impacts the daily lives and overall progress of its members and the broader community in Livingston, Montana.





    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: $61,160
  • Program Service Revenue: $16,342,580
  • Gross Receipts: $17,437,830

    • Assets and Liabilities:
  • Total Assets: $28,279,650
  • Total Liabilities: $2,364,054
  • Net Assets: $25,915,596
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $16,342,580

    Organization Details

    Founding Year

    1939

    Principal Officer

    Alan Johnstone

    Main Address

    PO BOX 1119, LIVINGSTON, MT, 59047

    NTEE Category

    Code: W80 - Public benefit

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