Consumers Power Inc

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

EIN: 930122793 ✦ Philomath, OR ✦ Designated as a 501(c)(12)

Overview

What is Consumers Power Inc?

Consumers Power Inc, based in Philomath, Oregon, serves as an electric utility company with a mission to provide power to its member-consumers. With a team of 83 employees, they operate and maintain transmission and distribution lines to purchase, transmit, and sell electric energy. The organization's focus is on delivering essential electric services to its community.


Official website here: www.cpi.coop

Is Consumers Power Inc legitimate?

Consumers Power Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Consumers Power 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: $793,606
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,760,374

For more financial information, click here


Official website here: www.cpi.coop

What is the mission statement of Consumers Power Inc?

Consumers Power Inc is dedicated to delivering electric service to its member-consumers. The organization's primary mission is to purchase, transmit, and sell electric energy, and to maintain the necessary transmission and distribution lines for this purpose. In essence, Consumers Power Inc ensures the provision of reliable electric energy to its members. Additionally, it operates behind the scenes to ensure the efficient transmission and sale of electricity. The company's focus remains on meeting the electric needs of its consumer base.


Official website here: www.cpi.coop

Who is the CEO of Consumers Power Inc?

Roman E Gillen is the President/Ceo of Consumers Power Inc. The CEO's salary of Consumers Power Inc is $283,718 and their total compensation is $509,198.


Official website here: www.cpi.coop

What is the revenue of Consumers Power Inc?

Consumers Power Inc's revenue in 2022 was $47,215,867.


Official website here: www.cpi.coop

Who are the executives of Consumers Power Inc and what are their salaries?

The average compensation at Consumers Power Inc during 2022 was $54,867. There are 83 employees at Consumers Power Inc.

Here are 17 key members and their salaries (Consumers Power Inc's CEO's salary is $283,718 and their total compensation is $509,198):

    Roman E Gillen (President/Ceo)
  • Compensation: $283,718
  • Related: $0
  • Other: $225,480

    • James Ramseyer (Assistant General Manager)
  • Compensation: $203,121
  • Related: $0
  • Other: $201,078

    • Billy H Terry (Chief Operating Officer)
  • Compensation: $231,612
  • Related: $0
  • Other: $130,538

    • Scott A Muller (Treasurer/Cfo)
  • Compensation: $192,776
  • Related: $0
  • Other: $89,997

    • Aric T Williamson (Foreman)
  • Compensation: $200,963
  • Related: $0
  • Other: $49,240

    • Shawn Foultner (Meter/Relay Technician)
  • Compensation: $190,479
  • Related: $0
  • Other: $52,420

    • Cody M Collier (Journeyman Lineman)
  • Compensation: $189,016
  • Related: $0
  • Other: $45,122

    • Brandon Bruneau (Foreman)
  • Compensation: $180,806
  • Related: $0
  • Other: $44,307

    • L Russ Sapp (Chairman) [Trustee/Director]
  • Compensation: $12,600
  • Related: $4,650
  • Other: $0

    • Bill Rauch (Director)
  • Compensation: $9,450
  • Related: $5,100
  • Other: $0

    • Eric Horning (Vice President) [Trustee/Director]
  • Compensation: $8,775
  • Related: $5,100
  • Other: $0

    • Terrill Plagmann (Secretary) [Trustee/Director]
  • Compensation: $8,325
  • Related: $5,100
  • Other: $0

    • Shane Russell (Director)
  • Compensation: $12,150
  • Related: $0
  • Other: $0

    • Gerald P Etzel (Director)
  • Compensation: $11,475
  • Related: $0
  • Other: $0

    • Joyce Maitland (Director)
  • Compensation: $10,350
  • Related: $0
  • Other: $0

    • James W Gardner (Director)
  • Compensation: $6,525
  • Related: $0
  • Other: $0

    • Kevin Christopher (Assistant Secretary) [Trustee/Director]
  • Compensation: $5,850
  • Related: $0
  • Other: $0


  • Official website here: www.cpi.coop

    Where can I find the form 990 for Consumers Power Inc?

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


    Official website here: www.cpi.coop

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

    Mission Statement of Consumers Power Inc

    Consumers Power Inc, a leading electric service provider, dedicates itself to delivering power to its member-consumers. The organization's primary mission revolves around procuring, transmitting, and retailing electric energy. To ensure a consistent supply, Consumers Power Inc takes responsibility for operating and maintaining transmission and distribution lines.

    In simpler terms, Consumers Power Inc serves as the electric utility for its members, ensuring their homes and businesses have access to the essential energy they need. By managing the entire process, from sourcing the electricity to delivering it to the consumers' doorstep, the company ensures a reliable and efficient energy supply.

    The mission of Consumers Power Inc goes beyond just providing electricity. It is a commitment to ensuring the well-being and convenience of its members. By investing in the purchase, transmission, and sale of electric energy, the organization enables its consumers to power their daily lives, supporting their communities and helping them thrive.

    Impact

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




    Thursday, August 15, 2024

    Consumers Power Inc's impact is primarily focused on providing electric service to the organization's member-consumers in Philomath, Oregon. Through its operations of purchasing, transmitting, and selling electric energy, as well as maintaining transmission and distribution lines, Consumers Power Inc plays a crucial role in ensuring access to reliable electricity for its members. This vital service contributes to the overall well-being and functioning of the community by providing essential power for homes, businesses, and institutions in the area.





    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: $580,993
  • Program Service Revenue: $46,634,874
  • Gross Receipts: $47,222,222

    • Assets and Liabilities:
  • Total Assets: $154,350,718
  • Total Liabilities: $92,165,186
  • Net Assets: $62,185,532
  • Programs

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

    Revenue from energy sales

    Revenue

    $46,134,967

    Rent from electric property

    Revenue

    $127,718

    Other income

    Revenue

    $372,189

    Organization Details

    Founding Year

    1939

    Principal Officer

    Roman E Gillen

    Main Address

    PO Box 1180, Philomath, OR, 97370

    NTEE Category

    Code: W80 - Public benefit

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