La Plata Electric Association Inc

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

EIN: 840248168 ✦ Durango, CO ✦ Designated as a 501(c)(12)

Overview

What is La Plata Electric Association Inc?

La Plata Electric Association Inc, based in Durango, Colorado, serves as a nonprofit electric utility company, providing power to approximately 48,341 members through 3,772 miles of lines. Their mission is to ensure the delivery of safe, dependable electricity to their community at the most reasonable cost while remaining environmentally responsible. The company had a workforce of 130 employees as of December 31, 2022.


Official website here: www.lpea.coop

Is La Plata Electric Association Inc legitimate?

La Plata Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. La Plata Electric Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lpea.coop

What is the mission statement of La Plata Electric Association Inc?

La Plata Electric Association Inc is committed to delivering safe and reliable electricity to its members at the most reasonable cost. The organization prioritizes environmental responsibility in all its operations. With a customer base of over 48,000 services and a network of 3,772 miles of lines as of December 31, 2022, La Plata Electric Association Inc ensures a consistent power supply to households and businesses. Its focus on affordability and sustainability underpins its mission to enhance the quality of life for its community while maintaining a strong electricity infrastructure.


Official website here: www.lpea.coop

Who is the CEO of La Plata Electric Association Inc?

Jessica Matlock is the Chief Executive Officer of La Plata Electric Association Inc. The CEO's salary of La Plata Electric Association Inc is $479,894 and their total compensation is $562,870.


Official website here: www.lpea.coop

What is the revenue of La Plata Electric Association Inc?

La Plata Electric Association Inc's revenue in 2022 was $112,117,449.


Official website here: www.lpea.coop

Who are the executives of La Plata Electric Association Inc and what are their salaries?

There are 130 employees at La Plata Electric Association Inc.

Here are 26 key members and their salaries (La Plata Electric Association Inc's CEO's salary is $479,894 and their total compensation is $562,870):

    Jessica Matlock (Chief Executive Officer)
  • Compensation: $479,894
  • Related: $0
  • Other: $82,976

    • Dan Harms (Executive Vp Of Grid Solutions & Special Projects)
  • Compensation: $249,932
  • Related: $0
  • Other: $65,280

    • Karl Ramsey (Vice President Of Finance)
  • Compensation: $216,798
  • Related: $0
  • Other: $62,375

    • Graham Smith (General Counsel)
  • Compensation: $222,789
  • Related: $0
  • Other: $51,873

    • Jerry Sutherlin (Vice President Of Operations)
  • Compensation: $228,940
  • Related: $0
  • Other: $45,697

    • Jake Wills (System Engineer)
  • Compensation: $209,368
  • Related: $0
  • Other: $53,671

    • Drew Timmerman (Vice President Of Information Technology)
  • Compensation: $178,119
  • Related: $0
  • Other: $64,207

    • Hillary Knox (Vice President Of Communications)
  • Compensation: $197,693
  • Related: $0
  • Other: $34,834

    • John Hahn (Dispatcher)
  • Compensation: $173,918
  • Related: $0
  • Other: $52,456

    • Garrett Hammer (District Manager - Pagosa Springs)
  • Compensation: $161,429
  • Related: $0
  • Other: $60,645

    • Michael Messier (Foreman)
  • Compensation: $172,679
  • Related: $0
  • Other: $40,677

    • Jerry Mckonly (Dispatcher)
  • Compensation: $161,260
  • Related: $0
  • Other: $47,884

    • Darrick Robinson (Manager Of System Operations)
  • Compensation: $150,918
  • Related: $0
  • Other: $53,627

    • Elizabeth Howe (Vp Of Administrative Services)
  • Compensation: $131,632
  • Related: $0
  • Other: $34,908

    • Kohler Mcinnis (Director)
  • Compensation: $15,869
  • Related: $20,500
  • Other: $0

    • Holly Metzler (Director)
  • Compensation: $17,935
  • Related: $0
  • Other: $0

    • Kirsten Skeehan (Director)
  • Compensation: $17,729
  • Related: $0
  • Other: $0

    • Ted Compton (Director)
  • Compensation: $16,950
  • Related: $0
  • Other: $0

    • Rachel Landis (Director)
  • Compensation: $16,200
  • Related: $0
  • Other: $0

    • Joe Lewandowski (Director)
  • Compensation: $15,950
  • Related: $0
  • Other: $0

    • Tim Wheeler (Board Vice President) [Trustee/Director]
  • Compensation: $15,700
  • Related: $0
  • Other: $0

    • Daniel K Huntington (Secretary) [Trustee/Director]
  • Compensation: $15,450
  • Related: $0
  • Other: $0

    • Sue Mcwilliams (Treasurer) [Trustee/Director]
  • Compensation: $15,388
  • Related: $0
  • Other: $0

    • Bob Lynch (Director)
  • Compensation: $14,875
  • Related: $0
  • Other: $0

    • John Lee (Director)
  • Compensation: $14,720
  • Related: $0
  • Other: $0

    • John Witchel (Board President) [Trustee/Director]
  • Compensation: $14,700
  • Related: $0
  • Other: $0


  • Official website here: www.lpea.coop

    Where can I find the form 990 for La Plata Electric Association Inc?

    The La Plata Electric Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lpea.coop

    Learn more at the official website: www.lpea.coop

    Mission Statement of La Plata Electric Association Inc

    La Plata Electric Association Inc, a leading electric distribution system, is dedicated to delivering safe and dependable electricity to its members at the most reasonable prices, all while maintaining a commitment to the environment. With a mission deeply rooted in responsibility, LPEA strives to ensure the electrical needs of its 48,341 customers are met effectively and efficiently. The organization prides itself on its extensive network, managing a total of 3,772 miles of electrical lines.

    At the heart of LPEA's operations lies a strong emphasis on safety and sustainability. By providing members with electricity that is both reliable and cost-effective, LPEA fosters a sense of trust and confidence within its community. Moreover, the organization recognizes the importance of preserving the environment, making it a priority to implement eco-friendly practices wherever possible.

    Throughout its operations, LPEA remains steadfast in upholding its mission, ensuring that every community it serves benefits from a consistent and high-quality electric supply. The association's unwavering commitment to its members and the environment is what sets it apart, making it an essential partner in the daily lives of those it serves.

    Impact

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




    Thursday, August 15, 2024

    La Plata Electric Association Inc's impact lies in providing its members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. With 48,341 services in place and 3,772 miles of line as of December 31, 2022, LPEA plays a crucial role in ensuring the energy needs of its community are met efficiently and sustainably.





    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: $345,414
  • Program Service Revenue: $110,374,571
  • Gross Receipts: $112,139,521

    • Assets and Liabilities:
  • Total Assets: $284,945,015
  • Total Liabilities: $136,195,673
  • Net Assets: $148,749,342
  • Programs

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

    Electric Energy Revenue & Gross Sales

    Revenue

    $109,513,910

    Miscellaneous Revenue

    Revenue

    $860,661

    Organization Details

    Founding Year

    1939

    Principal Officer

    Jessica Matlock

    Main Address

    PO Box 2750, Durango, CO, 813022750

    NTEE Category

    Code: W80 - Public benefit

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