Lakeview Light & Power

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

EIN: 910287923 ✦ Lakewood, WA ✦ Designated as a 501(c)(12)

Overview

What is Lakeview Light & Power?

Lakeview Light & Power is a Washington-based utility company with approximately 3,000 members. Their primary mission is to provide dependable and efficient electric services to their clientele. They own, construct, and manage power plants and infrastructure for the purpose of distributing electricity for various uses to their members and customers. The company operates with a workforce of 33 individuals.


Official website here: www.lakeviewlight.com

Is Lakeview Light & Power legitimate?

Lakeview Light & Power is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lakeview Light & Power 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: $410,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $789,450

For more financial information, click here


Official website here: www.lakeviewlight.com

What is the mission statement of Lakeview Light & Power?

Lakeview Light & Power is dedicated to delivering dependable and productive electric utility services to its members. The organization's primary objective is to build, manage, and operate power plants and related infrastructure for the purpose of distributing electricity for various uses to its customers. Through its operations, Lakeview Light & Power supplied electrical power to approximately 2,819 user members at the end of the previous year. The company's commitment to its members extends beyond just electricity provision, ensuring that the energy it delivers is reliable and efficient.


Official website here: www.lakeviewlight.com

Who is the CEO of Lakeview Light & Power?

Alan Hart is the Treasurer of Lakeview Light & Power.


Official website here: www.lakeviewlight.com

What is the revenue of Lakeview Light & Power?

Lakeview Light & Power's revenue in 2022 was $25,225,871.


Official website here: www.lakeviewlight.com

Who are the executives of Lakeview Light & Power and what are their salaries?

The average compensation at Lakeview Light & Power during 2022 was $36,358. There are 33 employees at Lakeview Light & Power.

Here are 12 key members and their salaries:

    John Devore (General Manager)
  • Compensation: $198,647
  • Related: $0
  • Other: $41,253

    • Anthony Rusin (It/Substation Technician)
  • Compensation: $174,459
  • Related: $0
  • Other: $37,284

    • Timothy Johnston (Foreman)
  • Compensation: $171,254
  • Related: $0
  • Other: $29,851

    • Kelly Butts (Superintendent)
  • Compensation: $151,924
  • Related: $0
  • Other: $40,553

    • Derise Warner (Chief Financial Officer)
  • Compensation: $156,967
  • Related: $0
  • Other: $30,926

    • Jon Geiselman (Lineman/Meter Tech)
  • Compensation: $151,009
  • Related: $0
  • Other: $22,321

    • Levi Hall (Line Foreman)
  • Compensation: $149,521
  • Related: $0
  • Other: $15,973

    • Alan Hart (President) [Trustee/Director]
  • Compensation: $14,650
  • Related: $0
  • Other: $0

    • Linda Mcdermott (Vice President) [Trustee/Director]
  • Compensation: $12,600
  • Related: $0
  • Other: $0

    • Tom Mcdonald (Secretary) [Trustee/Director]
  • Compensation: $10,650
  • Related: $0
  • Other: $0

    • Avery Johnson (Treasurer) [Trustee/Director]
  • Compensation: $9,950
  • Related: $0
  • Other: $0

    • Robert Estrada (Director)
  • Compensation: $6,900
  • Related: $0
  • Other: $0


  • Official website here: www.lakeviewlight.com

    Where can I find the form 990 for Lakeview Light & Power?

    The Lakeview Light & Power’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lakeviewlight.com

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

    Mission Statement of Lakeview Light & Power

    Lakeview Light & Power is a dedicated utility company committed to delivering reliable and efficient electric power to its membership base. Established with the mission to own, construct, and operate power plants and infrastructure for the purpose of distributing electric power for various uses to its members and customers, the company plays a vital role in ensuring a consistent electricity supply.

    In operation, Lakeview Light & Power provides essential electrical power services to approximately 2,819 user members. By investing in power generation and distribution infrastructure, the company ensures that electricity reaches its customers efficiently and effectively. The company's mission is rooted in the belief that a stable and reliable energy source is essential for the wellbeing and progress of its community.

    Lakeview Light & Power's operations extend beyond the simple provision of electricity. Its team of experts works diligently to maintain and upgrade its power systems, ensuring they meet the evolving needs of its members and customers. Through its commitment to reliability and efficiency, the company fosters an environment where businesses and households can thrive, contributing to the broader economic growth and development of the community it serves.

    Impact

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




    Thursday, August 15, 2024

    Lakeview Light & Power provides reliable and efficient electric utility service to its members in Lakewood, WA. The company plays a crucial role in supplying electrical power to approximately 2,819 user members as of the year ended December 31, 2022. By owning, constructing, and operating power plants and infrastructure, Lakeview Light & Power ensures that its members and customers have access to essential electricity for general purposes. Through its operations, Lakeview Light & Power contributes to the community's well-being and economic stability.





    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: $160,535
  • Program Service Revenue: $24,927,074
  • Gross Receipts: $25,225,871

    • Assets and Liabilities:
  • Total Assets: $57,095,778
  • Total Liabilities: $1,839,667
  • Net Assets: $55,256,111
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $24,927,074

    Organization Details

    Founding Year

    1922

    Principal Officer

    Alan Hart

    Main Address

    11509 BRIDGEPORT WAY SW, LAKEWOOD, WA, 98499

    NTEE Category

    Code: W80 - Public benefit

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