Lower Valley Energy Inc

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

EIN: 830129756 ✦ Afton, WY ✦ Designated as a 501(c)(12)

Overview

What is Lower Valley Energy Inc?

Lower Valley Energy Inc, based in Afton, Wyoming, serves as a not-for-profit cooperative providing essential utility services to rural communities. With a team of 85 dedicated employees, the organization offers both electricity and natural gas to its members. Their mission is to deliver these resources cooperatively, ensuring access to these necessities for the community. Throughout the year, they have successfully provided utility service to their members, reinforcing their commitment to enhancing the quality of life in rural areas.


Official website here: www.lvenergy.com

Is Lower Valley Energy Inc legitimate?

Lower Valley Energy Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lower Valley Energy 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: $961,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,275,095

For more financial information, click here


Official website here: www.lvenergy.com

What is the mission statement of Lower Valley Energy Inc?

Lower Valley Energy Inc is committed to serving rural communities on a not-for-profit cooperative basis, delivering essential electricity and natural gas to its members. The organization's mission focuses on providing these vital resources to its members, ensuring they have access to reliable energy sources. Through its cooperative structure, Lower Valley Energy Inc fosters a sense of community among its members, working together to meet their energy needs. The cooperative's efforts extend beyond just supplying energy; it strives to contribute positively to the daily lives and wellbeing of those it serves.


Official website here: www.lvenergy.com

Who is the CEO of Lower Valley Energy Inc?

James R Webb is the Presidentchief Executive Off of Lower Valley Energy Inc. The CEO's salary of Lower Valley Energy Inc is $401,270 and their total compensation is $453,329.


Official website here: www.lvenergy.com

What is the revenue of Lower Valley Energy Inc?

Lower Valley Energy Inc's revenue in 2022 was $77,408,969.


Official website here: www.lvenergy.com

Who are the executives of Lower Valley Energy Inc and what are their salaries?

The average compensation at Lower Valley Energy Inc during 2022 was $96,903. There are 85 employees at Lower Valley Energy Inc.

Here are 15 key members and their salaries (Lower Valley Energy Inc's CEO's salary is $401,270 and their total compensation is $453,329):

    James R Webb (Presidentchief Executive Off)
  • Compensation: $401,270
  • Related: $0
  • Other: $52,059

    • Richard Knori (Director Of Engineering)
  • Compensation: $245,136
  • Related: $0
  • Other: $44,195

    • Mallory Winters (Electric Foreman)
  • Compensation: $168,221
  • Related: $0
  • Other: $80,019

    • Craig Coles (Director Of Gas Operations)
  • Compensation: $153,702
  • Related: $0
  • Other: $74,839

    • Jon Hougland (Staff Assistant)
  • Compensation: $172,382
  • Related: $0
  • Other: $43,274

    • Kyle Thurston (Lineman)
  • Compensation: $143,242
  • Related: $0
  • Other: $66,492

    • Larry Bowlin (Foreman)
  • Compensation: $149,634
  • Related: $0
  • Other: $43,104

    • Anna Helm (Finance Manager)
  • Compensation: $101,664
  • Related: $0
  • Other: $61,720

    • Scott Anderson (Director)
  • Compensation: $25,375
  • Related: $0
  • Other: $0

    • Nancy Winters (Board Chairdirector)
  • Compensation: $22,575
  • Related: $0
  • Other: $0

    • Fred Brog (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Ray Elser (Director)
  • Compensation: $19,775
  • Related: $0
  • Other: $0

    • Ted Ladd (Secretarytreasurerdirector)
  • Compensation: $16,075
  • Related: $0
  • Other: $0

    • Dan Dockstader (Vice-Chairdirector)
  • Compensation: $14,725
  • Related: $0
  • Other: $0

    • Bob Mclaurin (Director)
  • Compensation: $10,750
  • Related: $0
  • Other: $0


  • Official website here: www.lvenergy.com

    Where can I find the form 990 for Lower Valley Energy Inc?

    The Lower Valley Energy Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lvenergy.com

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

    Mission Statement of Lower Valley Energy Inc

    Lower Valley Energy Inc, a not-for-profit organization, is dedicated to delivering electricity and natural gas services to rural communities. With a mission centered on cooperation, this organization strives to provide essential utilities to its members, ensuring they have access to the energy resources they need for their homes and daily lives.

    In a committed effort to serve, Lower Valley Energy Inc focuses on providing electricity and natural gas to its rural members on a cooperative basis. This means that the organization functions as a collective, working together to meet the energy needs of its community members. By operating on a not-for-profit basis, Lower Valley Energy Inc prioritizes affordability and accessibility, ensuring that its services are available to all members, regardless of their financial circumstances.

    Throughout the year, Lower Valley Energy Inc fulfills its mission by delivering reliable and consistent electricity and natural gas utility services to its members. The organization plays a crucial role in ensuring that the communities it serves have access to the energy they need, enabling them to maintain comfortable and functional living environments.

    In their quest to make a positive impact, Lower Valley Energy Inc goes beyond just delivering energy services. They are committed to fostering a strong sense of community and cooperation, working collaboratively with their members to address any concerns and ensure their needs are met. Through their cooperative structure, Lower Valley Energy Inc creates an environment where members have a voice in the organization, fostering a sense of ownership and investment in the services they receive.

    Impact

    This information is meant to be a general summary of Lower Valley Energy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lower Valley Energy Inc's impact is significant in providing essential electricity and natural gas services to rural members on a not-for-profit cooperative basis. This ensures that residents in remote areas have access to reliable energy sources for their daily needs. Additionally, by operating as a cooperative, Lower Valley Energy Inc fosters a sense of community involvement and ownership among its members, contributing to the overall well-being of the rural population 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: $264,603
  • Program Service Revenue: $77,116,860
  • Gross Receipts: $77,408,969

    • Assets and Liabilities:
  • Total Assets: $308,120,188
  • Total Liabilities: $203,389,494
  • Net Assets: $104,730,694
  • Programs

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

    Retail Sales of Energy

    Revenue

    $71,755,056

    Service Related Revenue

    Revenue

    $261,799

    Patronage Capital

    Revenue

    $324,971

    Rental Income

    Revenue

    $4,107,155

    Other Non-Operating

    Organization Details

    Founding Year

    1936

    Principal Officer

    James R Webb

    Main Address

    PO Box 188, Afton, WY, 83110

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Lower Valley Energy 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.