Overview
What is Powder River Energy Corporation?
Powder River Energy Corporation is a nonprofit cooperative organization headquartered in Sundance, Wyoming. With a mission to positively influence and improve lives, they distribute electricity to over 12,000 member-owners in northeastern Wyoming and southeastern Montana under the 501 (C) (12) status. In 2022, the company sold a total of 2,034,599,896 kWh of electricity to its members, peaking at a load of 311,195 kW in February. To extend and improve services, the corporation invested approximately $4 million in utility plants. Their primary function is to provide reliable energy and services, ensuring access and affordability for rural customers.
Official website here: www.precorp.coop
Is Powder River Energy Corporation legitimate?
Powder River Energy Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Powder River Energy Corporation 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: $1,540,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,369,803
For more financial information, click here
Official website here: www.precorp.coop
What is the mission statement of Powder River Energy Corporation?
Powder River Energy Corporation, a non-profit cooperative organization, strives to enhance and improve the lives of those it serves by delivering reliable energy and services. The mission of this entity is to positively influence and make a difference in people's lives through the provision of dependable electric energy. The corporation aims to pave the way for access and affordability, ensuring that its 12,686 member-owners receive quality electricity. In 2022, the company sold over 2 billion kilowatt-hours of electricity to its members and added approximately $4 million to its utility plant to improve and extend services.
Official website here: www.precorp.coop
Who is the CEO of Powder River Energy Corporation?
Brian Mills is the Principal Officer of Powder River Energy Corporation. The CEO's salary of Powder River Energy Corporation is $184,440 and their total compensation is $283,741.
Official website here: www.precorp.coop
What is the revenue of Powder River Energy Corporation?
Powder River Energy Corporation's revenue in 2022 was $176,963,725.
Official website here: www.precorp.coop
Who are the executives of Powder River Energy Corporation and what are their salaries?
The average compensation at Powder River Energy Corporation during 2022 was $72,871. There are 136 employees at Powder River Energy Corporation.
Here are 21 key members and their salaries (Powder River Energy Corporation's CEO's salary is $184,440 and their total compensation is $283,741):
- Michael Easley (Chief Executive Officer-Thru 7/31/22)
- William Mertz (Chief Finance & Admin Officer)
- Brian Mills - Deputy Gm (Chief Executive Officer-Beg 8/1/22)
- Quentin Rogers (Vice President Of Engineer)
- Michael Bingham (District Foreman)
- Jeffery Bumgarner (Vice President Member Services)
- Richard Halloran (Vice President System Operations)
- Wayne Pollat (District Foreman)
- Thomas Mulloy (District Foreman)
- Justin Dooley (District Foreman)
- Gerald Geis (Secretary/Treasurer) [Trustee/Director]
- Reuben Ritthaler (President-Thru 9/19/22) [Trustee/Director]
- Mike Lohse (Director)
- James Purdy (Director/President-Beg 9/20/22)
- Philip Habeck (Vice President) [Trustee/Director]
- Clay Branscom (Director)
- James Baumgartner (Director)
- Paul Baker Ii (Director)
- Tyrel Miller (Director)
- Alison Gee (Director)
- Michael Hall Helvey (Director)
Official website here: www.precorp.coop
Where can I find the form 990 for Powder River Energy Corporation?
The Powder River Energy Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.precorp.coop
Learn more at the official website: www.precorp.coop
Mission Statement of Powder River Energy Corporation
Powder River Energy Corporation, a nonprofit cooperative organization, is dedicated to enhancing and improving the lives of those it serves by providing dependable energy and services. The mission of this corporation is to positively influence and better the communities it reaches by delivering reliable electricity to its 12,686 member-owners.
In 2022, Powder River Energy Corporation sold a substantial amount of electricity to its members, totaling 2,034,599,896 KWH. During the same year, the company invested approximately $4 million in utility plants, extending and upgrading its services to meet the growing energy needs of its members.
Powder River Energy Corporation is not just a utility provider; it is a crucial part of its communities. By focusing on accessibility and affordability, the corporation has become an integral part of the lives of those it serves. Through its dedication to providing reliable energy, it paves the way for better opportunities, improved living conditions, and a stronger, more connected community.
Impact
This information is meant to be a general summary of Powder River Energy Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Powder River Energy Corporation plays a crucial role in distributing electric service to rural customers in northeast Wyoming and southeastern Montana. In 2022, the company sold over 2 billion kWh of electricity to its 12,686 member-owners. With a peak coincident load of 311,195 kW in February, the company continuously works to extend and improve its service, adding around $4 million in utility plant investments. Powder River Energy Corporation's mission is to positively influence and improve the lives of those it serves by providing reliable energy and services while paving the way for access and affordability. Their impact on the community is evident in the essential services they provide and their commitment to enhancing the quality of life for their members.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SERVICE
Revenue
$158,502,321
CAPITAL CREDITS
Revenue
$15,117,190
TRANSMISSION REVENUE
Revenue
$2,658,495
OTHER RENTAL INCOME
Revenue
$190,397
JOINT USE POLE REVENUE
Revenue
$18,252
Organization Details
Founding Year
1945
Phone
(307) 283-3531
Principal Officer
Brian Mills
Main Address
PO BOX 930, SUNDANCE, WY, 827290930
Website
www.precorp.coop
NTEE Category
Code: W80 - Public benefit
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