San Miguel Power Association Inc

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

EIN: 840312816 ✦ Nucla, CO ✦ Designated as a 501(c)(12)

Overview

What is San Miguel Power Association Inc?

San Miguel Power Association Inc is a not-for-profit electrical cooperative headquartered in Nucla, Colorado. With a team of 61 dedicated employees, they provide electric power to approximately 10,761 members on a cooperative basis. The cooperative allocates patronage capital, enabling them to sell power at cost. Their mission encompasses delivering electricity to the community while maintaining a cooperative structure.


Official website here: www.smpa.com

Is San Miguel Power Association Inc legitimate?

San Miguel Power Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. San Miguel Power 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: $975,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $919,380

For more financial information, click here


Official website here: www.smpa.com

What is the mission statement of San Miguel Power Association Inc?

San Miguel Power Association Inc is a not-for-profit electrical cooperative serving approximately 10,761 members. The organization's primary focus is on distributing electricity to its members on a cooperative basis. At the end of the year, 10,761 active members received electric power from the association. The cost of power was allocated to them through the utilization of patronage capital. The mission of San Miguel Power Association Inc is to provide electricity to its members in a cooperative manner. The cooperative does not generate a profit but instead invests back into the community and its infrastructure to ensure reliable and consistent power delivery to its members. The association's goal is to maintain a strong and sustainable power grid to meet the needs of its members.


Official website here: www.smpa.com

Who is the CEO of San Miguel Power Association Inc?

Bradley Zaporski is the Ceo/General of San Miguel Power Association Inc. The CEO's salary of San Miguel Power Association Inc is $335,310 and their total compensation is $442,468.


Official website here: www.smpa.com

What is the revenue of San Miguel Power Association Inc?

San Miguel Power Association Inc's revenue in 2022 was $31,411,255.


Official website here: www.smpa.com

Who are the executives of San Miguel Power Association Inc and what are their salaries?

The average compensation at San Miguel Power Association Inc during 2022 was $31,070. There are 61 employees at San Miguel Power Association Inc.

Here are 15 key members and their salaries (San Miguel Power Association Inc's CEO's salary is $335,310 and their total compensation is $442,468):

    Bradley Zaporski (Ceo/General)
  • Compensation: $335,310
  • Related: $0
  • Other: $107,158

    • Lance Lehigh (Cfo)
  • Compensation: $161,441
  • Related: $0
  • Other: $48,702

    • Jeremy Fox (Coo)
  • Compensation: $156,929
  • Related: $0
  • Other: $48,194

    • Wiley Freeman (Manager)
  • Compensation: $139,465
  • Related: $0
  • Other: $57,394

    • Clint Colson (Foreman)
  • Compensation: $141,341
  • Related: $0
  • Other: $51,918

    • Doug Tea (Mgr. Of It)
  • Compensation: $149,367
  • Related: $0
  • Other: $38,814

    • Duane Oliver (Mgr. Of Oper)
  • Compensation: $152,953
  • Related: $0
  • Other: $23,403

    • Jacob Cadwell (Working Fore)
  • Compensation: $135,430
  • Related: $0
  • Other: $29,295

    • Deborah Cokes (Vice Secreta) [Trustee/Director]
  • Compensation: $17,917
  • Related: $0
  • Other: $0

    • William Felicelli (President) [Trustee/Director]
  • Compensation: $17,767
  • Related: $0
  • Other: $0

    • David Alexander (Vice Preside) [Trustee/Director]
  • Compensation: $16,707
  • Related: $0
  • Other: $0

    • Tobin Brown (Director)
  • Compensation: $16,707
  • Related: $0
  • Other: $0

    • Kevin Cooney (Director)
  • Compensation: $16,407
  • Related: $0
  • Other: $0

    • Doylene Garvey (Secretary) [Trustee/Director]
  • Compensation: $16,407
  • Related: $0
  • Other: $0

    • Terry Rhoades (Director)
  • Compensation: $16,257
  • Related: $0
  • Other: $0


  • Official website here: www.smpa.com

    Where can I find the form 990 for San Miguel Power Association Inc?

    The San Miguel Power Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.smpa.com

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

    Mission Statement of San Miguel Power Association Inc

    San Miguel Power Association Inc, a not-for-profit electrical cooperative, serves approximately 10,761 members. The association's primary mission is to provide electric power to its members on a cooperative basis. This means that the cost of electricity is allocated among the members based on their usage, rather than being sold at a fixed price. At the end of the year, 10,761 active members received power from the association. The association operates as a cooperative, ensuring that the members have a voice in the decision-making process and the opportunity to share in the profits through patronage capital. San Miguel Power Association Inc's commitment is to provide reliable and affordable electricity to its members, enhancing their quality of life and supporting their communities. The association's cooperative structure allows it to prioritize the needs of its members, fostering a sense of community and collaboration. By pooling resources and working together, the members of San Miguel Power Association Inc can harness the power of the cooperative to meet their shared goal of accessing affordable and dependable electricity.

    Impact

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




    Thursday, August 15, 2024

    San Miguel Power Association Inc provides essential electric power distribution services to approximately 10,761 active members in Nucla, Colorado. They operate as a not-for-profit electrical cooperative, ensuring members have access to reliable and affordable electricity through the cooperative allocation of patronage capital. Their impact is significant in ensuring the community has access to necessary energy resources for daily living and economic activities.





    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: $252,668
  • Program Service Revenue: $31,102,898
  • Gross Receipts: $31,428,178

    • Assets and Liabilities:
  • Total Assets: $93,640,382
  • Total Liabilities: $46,888,790
  • Net Assets: $46,751,592
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $30,769,480

    CAPITAL CREDITS

    Revenue

    $177,366

    MISCELLANEOUS ELECTRIC

    Revenue

    $156,052

    Organization Details

    Founding Year

    1938

    Principal Officer

    Bradley Zaporski

    Main Address

    PO BOX 817, NUCLA, CO, 81424

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of San Miguel Power Association 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.