Raft River Rural Electric Cooperative Inc

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

EIN: 820157233 ✦ Malta, ID ✦ Designated as a 501(c)(12)

Overview

What is Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc, located in Malta, Idaho, is a nonprofit organization dedicated to purchasing and providing electric energy to its members. With a team of 32 employees, their mission is to significantly improve the lives of their communities by ensuring the delivery of safe, dependable, and economical energy, alongside exceptional member services.


Official website here: www.rrelectric.com

Is Raft River Rural Electric Cooperative Inc legitimate?

Raft River Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Raft River 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: $360,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,384,742

For more financial information, click here


Official website here: www.rrelectric.com

What is the mission statement of Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc strives to enhance the lives of its members by providing them with safe, reliable, and cost-effective energy. The cooperative is committed to exceptional member service, going above and beyond to meet the energy needs of its community. Through its operations, it purchases and delivers electric energy to its members, ensuring a consistent power supply. By focusing on safety, reliability, and affordability, the cooperative aims to contribute positively to the well-being of its community.


Official website here: www.rrelectric.com

Who is the CEO of Raft River Rural Electric Cooperative Inc?

John Campbell is the General Manager of Raft River Rural Electric Cooperative Inc.


Official website here: www.rrelectric.com

What is the revenue of Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc's revenue in 2022 was $21,069,285.


Official website here: www.rrelectric.com

Who are the executives of Raft River Rural Electric Cooperative Inc and what are their salaries?

The average compensation at Raft River Rural Electric Cooperative Inc during 2022 was $85,786. There are 32 employees at Raft River Rural Electric Cooperative Inc.

Here are 13 key members and their salaries:

    Chad Black (General Manager)
  • Compensation: $204,019
  • Related: $0
  • Other: $83,611

    • Andrea Scott (Finance & Accounting Manager)
  • Compensation: $143,564
  • Related: $0
  • Other: $60,255

    • Kenneth Loughmiller (Line Foreman)
  • Compensation: $136,250
  • Related: $0
  • Other: $60,338

    • Richard Hall (System Engineer)
  • Compensation: $129,819
  • Related: $0
  • Other: $64,152

    • Tracy Bankhead (Line Foreman)
  • Compensation: $130,319
  • Related: $0
  • Other: $60,325

    • Dallan Spencer (Line Superintendent)
  • Compensation: $127,650
  • Related: $0
  • Other: $62,267

    • Larry Henson (Board Member) [Trustee/Director]
  • Compensation: $12,600
  • Related: $0
  • Other: $0

    • Krinn Mccoy (Vice Pesident) [Trustee/Director]
  • Compensation: $11,550
  • Related: $0
  • Other: $0

    • John Campbell (President) [Trustee/Director]
  • Compensation: $10,800
  • Related: $0
  • Other: $0

    • Jason Harper (Secretary) [Trustee/Director]
  • Compensation: $10,775
  • Related: $0
  • Other: $0

    • Lindsey Manning (Board Member) [Trustee/Director]
  • Compensation: $9,650
  • Related: $0
  • Other: $0

    • Sherrie Erickson (Board Member) [Trustee/Director]
  • Compensation: $9,550
  • Related: $0
  • Other: $0

    • Blaine Tanner (Board Member) [Trustee/Director]
  • Compensation: $7,850
  • Related: $0
  • Other: $0


  • Official website here: www.rrelectric.com

    Where can I find the form 990 for Raft River Rural Electric Cooperative Inc?

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


    Official website here: www.rrelectric.com

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

    Mission Statement of Raft River Rural Electric Cooperative Inc

    Raft River Rural Electric Cooperative Inc, a dedicated organization, strives to improve the lives of its members and communities by ensuring they have access to safe, dependable, and cost-effective energy, as well as exceptional member service. The cooperative is committed to this mission, which is twofold: first, providing essential electric energy to its members, and second, offering superior customer service. By doing so, Raft River Rural Electric Cooperative Inc works to enhance the overall quality of life for those it serves.

    Impact

    This information is meant to be a general summary of Raft River 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

    Raft River Rural Electric Cooperative Inc plays a crucial role in enhancing the lives of its members and communities by providing safe, reliable, and cost-effective energy along with exceptional member service. As a vital provider of electric energy in Malta, ID, the cooperative's impact is felt in powering homes, businesses, and essential services in the region. Its commitment to serving the community through accessible energy services contributes to the overall well-being and growth of the area.





    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: $157,301
  • Program Service Revenue: $20,897,399
  • Gross Receipts: $21,183,940

    • Assets and Liabilities:
  • Total Assets: $56,601,572
  • Total Liabilities: $15,586,162
  • Net Assets: $41,015,410
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $20,897,399

    Organization Details

    Founding Year

    1939

    Principal Officer

    John Campbell

    Main Address

    PO BOX 617, MALTA, ID, 83342

    NTEE Category

    Code: W80 - Public benefit

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