Clearwater Power Company

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

EIN: 820108745 ✦ Lewiston, ID ✦ Designated as a 501(c)(12)

Overview

What is Clearwater Power Company?

Clearwater Power Company is a rural electric cooperative based in Lewiston, Idaho, with an address at 4230 Hatwai Rd, ZIP code 83501. The cooperative, with a team of 49 employees, is dedicated to delivering safe, dependable, and cost-effective energy and related services to its members. Their primary activity involves the distribution of electric power to ensure their consumers have uninterrupted access to essential energy resources.


Official website here: www.clearwaterpower.com

Is Clearwater Power Company legitimate?

Clearwater Power Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Clearwater Power Company 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: $1,173,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,515,325

For more financial information, click here


Official website here: www.clearwaterpower.com

What is the mission statement of Clearwater Power Company?

Clearwater Power Company is dedicated to delivering safe, dependable, and affordably-priced energy and related services to its cooperative members. The primary focus of this organization is the distribution of electric power to its consumer-members. By doing so, Clearwater Power Company ensures that its rural community remains connected and empowered with essential energy resources.


Official website here: www.clearwaterpower.com

Who is the CEO of Clearwater Power Company?

K David Hagen is the Coo of Clearwater Power Company. The CEO's salary of Clearwater Power Company is $242,305 and their total compensation is $359,918.


Official website here: www.clearwaterpower.com

What is the revenue of Clearwater Power Company?

Clearwater Power Company's revenue in 2022 was $24,119,097.


Official website here: www.clearwaterpower.com

Who are the executives of Clearwater Power Company and what are their salaries?

The average compensation at Clearwater Power Company during 2022 was $116,097. There are 49 employees at Clearwater Power Company.

Here are 16 key members and their salaries (Clearwater Power Company's CEO's salary is $242,305 and their total compensation is $359,918):

    Bob Pierce (Coo)
  • Compensation: $182,189
  • Related: $0
  • Other: $196,280

    • K David Hagen (Ceo/General Mgr)
  • Compensation: $242,305
  • Related: $0
  • Other: $117,613

    • Clifford Miller (Foreman)
  • Compensation: $169,048
  • Related: $0
  • Other: $114,151

    • Lorrie Mccabe (Cfo)
  • Compensation: $162,035
  • Related: $0
  • Other: $112,685

    • Kevin Cromer (Foreman)
  • Compensation: $165,213
  • Related: $0
  • Other: $105,647

    • John Stanton (Foreman)
  • Compensation: $179,896
  • Related: $0
  • Other: $70,005

    • Clint Fowler (Serviceman)
  • Compensation: $175,180
  • Related: $0
  • Other: $54,365

    • Jacob Kidder (Lineman)
  • Compensation: $173,034
  • Related: $0
  • Other: $33,619

    • Thomas W Hutchinson (President) [Trustee/Director]
  • Compensation: $27,400
  • Related: $1,000
  • Other: $0

    • Richard Eugene Butler (Vice President) [Trustee/Director]
  • Compensation: $23,900
  • Related: $1,000
  • Other: $0

    • Jeffery Copeland (Asst Sec/Treas) [Trustee/Director]
  • Compensation: $22,150
  • Related: $0
  • Other: $0

    • Ken Weiss (Director)
  • Compensation: $22,150
  • Related: $0
  • Other: $0

    • Alan C Lansing (Sec/Treas) [Trustee/Director]
  • Compensation: $21,150
  • Related: $750
  • Other: $0

    • Robert Callison (Director)
  • Compensation: $20,900
  • Related: $0
  • Other: $0

    • Pamela Anderson (Asst Sec/Treas) [Trustee/Director]
  • Compensation: $20,700
  • Related: $0
  • Other: $0

    • Paul Anderson (Director)
  • Compensation: $1,950
  • Related: $0
  • Other: $0


  • Official website here: www.clearwaterpower.com

    Where can I find the form 990 for Clearwater Power Company?

    The Clearwater Power Company’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.clearwaterpower.com

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

    Mission Statement of Clearwater Power Company

    Clearwater Power Company, a dedicated cooperative, is committed to delivering safe, dependable, and affordably-priced energy services to its membership base. The organization's primary objective revolves around providing electric power distribution, ensuring its members can access essential energy needs.

    By choosing to prioritize safety, reliability, and cost-effectiveness, Clearwater Power Company stands out as a responsible provider in the energy sector. Its mission reaches beyond mere electric power distribution, extending to related services that cater to the unique requirements of its cooperative members.

    The cooperative's unwavering dedication to its members is reflected in its significant activity – the provision of electric power distribution. This essential service empowers its members to lead productive and comfortable lives in their homes and communities. Clearwater Power Company's commitment to this mission has made it a trusted partner for its members, ensuring their energy needs are met with the highest standards of quality and dependability.

    Impact

    This information is meant to be a general summary of Clearwater Power Company. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Clearwater Power Company's impact revolves around providing its cooperative members with safe, reliable, and cost-based energy and related services. By focusing on electric power distribution to its members, the company plays a crucial role in ensuring that rural areas have access to essential energy services. This helps to enhance the quality of life and economic development in these communities by powering homes, businesses, and essential services. Additionally, Clearwater Power Company's commitment to a public benefit mission ensures that its impact goes beyond just providing electricity, striving to benefit the community as a whole.





    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: $139,873
  • Program Service Revenue: $23,859,902
  • Gross Receipts: $24,193,310

    • Assets and Liabilities:
  • Total Assets: $72,510,101
  • Total Liabilities: $38,975,849
  • Net Assets: $33,534,252
  • Programs

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

    CAPITAL CREDITS

    Revenue

    $165,824

    ELECTRIC POWER SALES

    Revenue

    $23,528,527

    POLE RENTAL

    Revenue

    $165,551

    Organization Details

    Founding Year

    1937

    Principal Officer

    K David Hagen

    Main Address

    4230 HATWAI RD, LEWISTON, ID, 83501

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Clearwater Power Company 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.