Mountain View Electric Association

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

EIN: 840275175 ✦ Limon, CO ✦ Designated as a 501(c)(12)

Overview

What is Mountain View Electric Association?

Mountain View Electric Association is a Colorado-based cooperative nonprofit organization with a mission to deliver dependable electric service to its members. With 192 employees, they provide quality electricity through the allocation of patronage capital. At year end, there were 61,518 active services under their care. The Association aims to offer safe, responsible, and affordable electric solutions, all while adhering to sound business and engineering practices.


Official website here: www.mvea.coop

Is Mountain View Electric Association legitimate?

Mountain View Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mountain View Electric Association 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: $1,622,398
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,356,373

For more financial information, click here


Official website here: www.mvea.coop

What is the mission statement of Mountain View Electric Association?

Mountain View Electric Association is committed to delivering safe, reliable, and responsible electric service to its cooperative members. The mission of this organization is to provide affordable electricity with a focus on sound business and engineering practices. With a membership base of over 61,000 active services, Mountain View Electric Association aims to allocate patronage capital in order to effectively distribute electric energy on a cooperative basis. Their efforts are dedicated to ensuring a consistent, efficient, and dependable electric service for their members.


Official website here: www.mvea.coop

Who is the CEO of Mountain View Electric Association?

Ruth Marks is the Ceo (July-Dec) of Mountain View Electric Association. The CEO's salary of Mountain View Electric Association is $125,373 and their total compensation is $208,013.


Official website here: www.mvea.coop

What is the revenue of Mountain View Electric Association?

Mountain View Electric Association's revenue in 2022 was $128,313,383.


Official website here: www.mvea.coop

Who are the executives of Mountain View Electric Association and what are their salaries?

The average compensation at Mountain View Electric Association during 2022 was $57,181. There are 192 employees at Mountain View Electric Association.

Here are 16 key members and their salaries (Mountain View Electric Association's CEO's salary is $125,373 and their total compensation is $208,013):

    Jim Herron (Ceo (Jan-June))
  • Compensation: $440,418
  • Related: $0
  • Other: $107,385

    • David Waldner (Engineering Manager)
  • Compensation: $206,123
  • Related: $0
  • Other: $194,759

    • Terryl Jensen (Vp Operations)
  • Compensation: $189,431
  • Related: $0
  • Other: $155,645

    • Randy Penn (Finance Manager)
  • Compensation: $191,778
  • Related: $0
  • Other: $105,103

    • David Williams (Operations Superintendent)
  • Compensation: $165,060
  • Related: $0
  • Other: $114,243

    • Jason Matzke (Operations Superintendent)
  • Compensation: $170,065
  • Related: $0
  • Other: $95,133

    • Nathanial Oursler (Information Tech Manager)
  • Compensation: $191,299
  • Related: $0
  • Other: $59,555

    • Amanda Hall (Administrative Manager)
  • Compensation: $193,209
  • Related: $0
  • Other: $29,494

    • Ruth Marks (Ceo (July-Dec))
  • Compensation: $125,373
  • Related: $0
  • Other: $82,640

    • Barry Springer (Vice President) [Trustee/Director]
  • Compensation: $32,300
  • Related: $0
  • Other: $0

    • Kevin Paddock (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $27,844
  • Related: $0
  • Other: $0

    • James Riggins (Assistant Secretary) [Trustee/Director]
  • Compensation: $27,200
  • Related: $0
  • Other: $0

    • Joseph Martin (President) [Trustee/Director]
  • Compensation: $25,375
  • Related: $0
  • Other: $0

    • Milton Mathis (Director)
  • Compensation: $20,900
  • Related: $0
  • Other: $0

    • Edward Hertneky (Director)
  • Compensation: $19,400
  • Related: $0
  • Other: $0

    • Ricky Gordon (Director)
  • Compensation: $15,800
  • Related: $0
  • Other: $0


  • Official website here: www.mvea.coop

    Where can I find the form 990 for Mountain View Electric Association?

    The Mountain View Electric Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mvea.coop

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

    Mission Statement of Mountain View Electric Association

    Mountain View Electric Association, a cooperative dedicated to delivering reliable and quality electric service, is committed to providing its members with safe, dependable, morally responsible, and affordable energy solutions. This organization's mission is underpinned by a strong focus on sound business and engineering practices.

    Mountain View Electric Association prides itself on working cooperatively with its members, allocating patronage capital to ensure the provision of electric energy that is both efficient and effective. With 61,518 active services at the conclusion of the last year, the association has established a significant presence within its community.

    Through its unwavering dedication to delivering a superior electric service experience, Mountain View Electric Association fosters a strong bond of trust and collaboration with its members. By consistently upholding its core values of safety, reliability, responsibility, and affordability, this esteemed organization has become an essential partner in the daily lives of those it serves.

    Impact

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




    Thursday, August 15, 2024

    Mountain View Electric Association impacts the community by providing quality and reliable electric service to its members. With a mission to offer safe, reliable, responsible, and affordable electric service, the organization plays a crucial role in ensuring that residents have access to essential electricity services. Additionally, by operating on a cooperative basis and allocating patronage capital, Mountain View Electric Association contributes to the economic well-being of its members. Overall, the organization's activities help to support the community's energy needs and promote a reliable and sustainable electric infrastructure.





    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: $330,021
  • Program Service Revenue: $127,842,141
  • Gross Receipts: $128,371,597

    • Assets and Liabilities:
  • Total Assets: $413,173,775
  • Total Liabilities: $266,946,465
  • Net Assets: $146,227,310
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $125,301,486

    PATRONAGE DIVDENDS

    Revenue

    $1,808,672

    SERVICE FEES

    Revenue

    $546,557

    INTERCONNECTION REVENUE

    Revenue

    $124,600

    SALES FOR RESALE

    Revenue

    $60,826

    Organization Details

    Founding Year

    1941

    Principal Officer

    Ruth Marks

    Main Address

    PO BOX 1600, LIMON, CO, 80828

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Mountain View Electric Association 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.