Hill County Electric Cooperative Inc

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

EIN: 810218593 ✦ Havre, MT ✦ Designated as a 501(c)(12)

Overview

What is Hill County Electric Cooperative Inc?

Hill County Electric Cooperative Inc, located in Havre, Montana, is a dedicated nonprofit organization committed to delivering high-quality, dependable, and safe electric services to its members and customers in rural areas. With a workforce of 133 employees, the cooperative values cooperation, mutual respect, and appreciation for its patrons, going the extra mile to ensure customer satisfaction. The organization has provided electricity to approximately 2,383 members and expanded its reach by adding or replacing 6.5 miles of lines. Hill County Electric Cooperative Inc utilizes advanced technology when feasible to exceed customer expectations and maintains a strong commitment to uncompromising customer service.


Official website here: www.hcelectric.com

Is Hill County Electric Cooperative Inc legitimate?

Hill County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Hill County 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: $343,570
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,315,865

For more financial information, click here


Official website here: www.hcelectric.com

What is the mission statement of Hill County Electric Cooperative Inc?

Hill County Electric Cooperative Inc is committed to delivering high-quality, reliable, and safe electric services and associated products to its members and customers at competitive prices, both now and in the future. The cooperative strives to exceed expectations by providing uncompromising customer service, based on principles of cooperation, mutual respect, and appreciation for their patronage. Hill County Electric Cooperative incorporates advanced technology when it is cost-effective to enhance the quality of service provided to its customers.


Official website here: www.hcelectric.com

Who is the CEO of Hill County Electric Cooperative Inc?

Craig Gates is the President of Hill County Electric Cooperative Inc. The CEO's salary of Hill County Electric Cooperative Inc is $139,318 and their total compensation is $149,391.


Official website here: www.hcelectric.com

What is the revenue of Hill County Electric Cooperative Inc?

Hill County Electric Cooperative Inc's revenue in 2022 was $18,233,418.


Official website here: www.hcelectric.com

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

The average compensation at Hill County Electric Cooperative Inc during 2022 was $19,996. There are 133 employees at Hill County Electric Cooperative Inc.

Here are 12 key members and their salaries (Hill County Electric Cooperative Inc's CEO's salary is $139,318 and their total compensation is $149,391):

    James Sands (Vice President Of Electric)
  • Compensation: $181,203
  • Related: $0
  • Other: $-15,220

    • Craig Gates (General Manager/Ceo)
  • Compensation: $139,318
  • Related: $0
  • Other: $10,073

    • Jacob Ingram (Journeyman Lineman)
  • Compensation: $114,033
  • Related: $0
  • Other: $28,180

    • Mark Magelssen (Electric Lineman)
  • Compensation: $128,176
  • Related: $0
  • Other: $-19,704

    • Joshua Pulse (Electric Lineman)
  • Compensation: $122,559
  • Related: $0
  • Other: $-57,271

    • Mark Majeres (Controller/Cfo)
  • Compensation: $52,501
  • Related: $0
  • Other: $7,590

    • Russell Gregoire (Electric Lineman)
  • Compensation: $117,983
  • Related: $0
  • Other: $-91,220

    • Leslie Smith (Vice President) [Trustee/Director]
  • Compensation: $18,820
  • Related: $0
  • Other: $0

    • Nick Siebrasse (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $18,380
  • Related: $0
  • Other: $0

    • Gerald Rutledge (Trustee)
  • Compensation: $17,940
  • Related: $0
  • Other: $0

    • Shane Barrett (President) [Trustee/Director]
  • Compensation: $17,830
  • Related: $0
  • Other: $0

    • Trevor Standing Rock (Trustee)
  • Compensation: $15,080
  • Related: $0
  • Other: $0


  • Official website here: www.hcelectric.com

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

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


    Official website here: www.hcelectric.com

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

    Mission Statement of Hill County Electric Cooperative Inc

    Hill County Electric Cooperative Inc is committed to delivering high-quality, reliable, and safe electric services and associated products to its members and customers at competitive prices. The cooperative strives to exceed customer expectations by utilizing advanced technology when feasible and providing uncompromising customer service. Hill County Electric Cooperative Inc's core principles are based on cooperation, mutual respect, and appreciation for the patronage of its customers. The organization is dedicated to delivering electricity to rural areas, ensuring a better standard of living for its community. By focusing on unwavering customer service, Hill County Electric Cooperative Inc aims to build strong relationships, fostering a sense of trust and loyalty among its members and customers. The cooperative's commitment to innovation and cost-effectiveness enables it to meet the evolving needs of its customers, ensuring a sustainable energy solution for the future.

    Impact

    This information is meant to be a general summary of Hill County 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

    Hill County Electric Cooperative Inc plays a vital role in providing electricity to rural areas, ensuring that its members and customers have access to high quality, reliable, and safe electric services at competitive prices. By utilizing advanced technology when available and cost-effective, the cooperative strives to exceed customer expectations and deliver uncompromising customer service based on core principles of cooperation, mutual respect, and appreciation for their patronage. In the previous year, Hill County Electric served approximately 2,383 members and added/replaced 6.5 miles of lines, further expanding its reach and impact in the community.





    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: $117,988
  • Program Service Revenue: $17,700,770
  • Gross Receipts: $18,604,933

    • Assets and Liabilities:
  • Total Assets: $40,123,736
  • Total Liabilities: $19,571,801
  • Net Assets: $20,551,935
  • Programs

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

    SALE OF POWER

    Revenue

    $17,162,906

    CAPITAL CREDITS

    Revenue

    $519,088

    Organization Details

    Founding Year

    1945

    Principal Officer

    Craig Gates

    Main Address

    2121 HWY 2 NW PO BOX 2330, HAVRE, MT, 59501

    NTEE Category

    Code: W80 - Public benefit

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