Isle Au Haut Electric Power Company

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

EIN: 010311701 ✦ Isle au haut, ME ✦ Designated as a 501(c)(12)

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Overview

What is Isle Au Haut Electric Power Company?

Isle Au Haut Electric Power Company is a nonprofit organization situated in Isle au Haut, Maine. Their primary mission is to supply electricity to the local residents at the most affordable price, striving to utilize green energy sources whenever feasible. With a team of six dedicated employees, they operate from 1 Landing Lane. The company's operations are centered around distributing reliable and environmentally-friendly electric power services to the community.

Is Isle Au Haut Electric Power Company legitimate?

Isle Au Haut Electric Power Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Isle Au Haut Electric Power Company 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,155

For more financial information, click here

What is the mission statement of Isle Au Haut Electric Power Company?

The Isle Au Haut Electric Power Company's mission is centered around providing electric power services at the most affordable price possible. If feasible, they opt for utilizing green energy sources. This commitment is aimed at serving the residents of Isle au Haut effectively. In the year 2022, they successfully maintained this standard by supplying electric power services at the lowest cost while incorporating green energy whenever appropriate.

Who is the CEO of Isle Au Haut Electric Power Company?

William Chamberlin is the Principal Officer of Isle Au Haut Electric Power Company.

What is the revenue of Isle Au Haut Electric Power Company?

Isle Au Haut Electric Power Company's revenue in 2022 was $103,901.

Who are the executives of Isle Au Haut Electric Power Company and what are their salaries?

The average compensation at Isle Au Haut Electric Power Company during 2022 was $7,859. There are 6 employees and 8 volunteers at Isle Au Haut Electric Power Company.


Here are 16 key members and their salaries:


Sam Chamberlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Chamblin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Cogan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Fedosh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Nicholas Filler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Hiltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruel Little (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Perry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Sampson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schonenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dane Stevens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellie Kastenapoulus (Bookkeeper)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Isle Au Haut Electric Power Company?

Isle Au Haut Electric Power Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Isle Au Haut Electric Power Company

Isle Au Haut Electric Power Company is committed to delivering affordable electric power services to its residents, prioritizing the use of eco-friendly energy sources whenever possible. The company's primary objective is to ensure that electricity is accessible at the most reasonable cost, while also promoting sustainability. By harnessing green energy sources when available, Isle Au Haut Electric Power Company demonstrates its commitment to environmental conservation and energy efficiency.

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Impact




October, 2024

Isle Au Haut Electric Power Company plays a significant role in enhancing the quality of life for residents of Isle au Haut by providing electric power services at the lowest possible cost. By prioritizing the use of green energy sources whenever feasible, the company not only supports the local economy but also contributes to environmental sustainability. In 2022, their commitment to affordable and eco-friendly energy resulted in cost-effective power distribution, making a positive impact on the community. This focus on mutual benefit ensures that residents can access reliable electricity while fostering a greener future for Isle au Haut.




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


Financials

This financial information is from Propublica.

Revenue
$103,901 (2022)
Expenses
$110,115 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4
  • Gross Receipts: $147,241

Assets and Liabilities:

  • Total Assets: $494,033
  • Total Liabilities: $100,790
  • Net Assets: $393,243

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Organization Details

Founding Year

1969

Principal Officer

William Chamberlin

Main Address

1 Landing Lane, Isle au Haut, ME, 04645

NTEE Category

Code: Y22 - Mutual benefit

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