Vineyard Power Cooperative

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

EIN: 271437013 ✦ Vineyard haven, MA ✦ Designated as a 501(c)(12)

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Overview

What is Vineyard Power Cooperative?

Vineyard Power Cooperative is a 501(c)12 nonprofit organization, specifically designed as a community-driven cooperative. Its primary mission is to foster a sustainable energy future on Martha's Vineyard. As a community-oriented entity, they aim to contribute positively to the energy sector, promoting eco-friendly practices and a greener future for the island.


Official website here: www.vineyardpower.com

Is Vineyard Power Cooperative legitimate?

Vineyard Power Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Vineyard Power Cooperative submitted a form 990EZ, 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.


Official website here: www.vineyardpower.com

What is the mission statement of Vineyard Power Cooperative?

Vineyard Power Cooperative, being a 501(c)12 organization, operates as a community-driven entity. Its primary mission is to contribute to the creation of a sustainable energy future. By leveraging its cooperative structure, the organization seeks to make a positive impact on Martha's Vineyard's energy landscape. The cooperative does not specify any particular strategies or methods in its mission statement, but the general goal is to foster a greener and more sustainable energy system within the community.


Official website here: www.vineyardpower.com

What is the revenue of Vineyard Power Cooperative?

Vineyard Power Cooperative's revenue in 2020 was $138.


Official website here: www.vineyardpower.com

Who are the executives of Vineyard Power Cooperative and what are their salaries?

Here are 12 key members and their salaries:


Richard Andre (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Jacobs (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Soldini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Lake (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Berwick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Hannemann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Dagostino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julius Lowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Heffner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Harcourt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hartzband (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Adams (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vineyardpower.com

Where can I find the form 990EZ for Vineyard Power Cooperative?

Vineyard Power Cooperative's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.vineyardpower.com

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

Mission Statement of Vineyard Power Cooperative

Vineyard Power Cooperative, as a 501(c)12 organization, serves as a community-driven entity with a mission to foster a sustainable energy future on Martha's Vineyard. This mission involves working collaboratively to construct an energy landscape that is both environmentally friendly and sustainable for the community as a whole. The cooperative's objective is to empower the community by contributing to the development of a greener and more sustainable energy infrastructure.

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Impact




October, 2024

Vineyard Power Cooperative plays a vital role in advancing a sustainable energy future for Martha's Vineyard. As a community-owned cooperative, it empowers local residents to engage in the renewable energy landscape, fostering a sense of ownership and collective responsibility towards energy production and consumption. The cooperative focuses on developing and supporting projects that harness clean energy, reducing reliance on fossil fuels and minimizing environmental impacts. By encouraging community participation and investment in renewable energy initiatives, Vineyard Power not only promotes ecological sustainability but also stimulates local economic growth and resilience. Its efforts contribute to a stronger, more self-sufficient energy infrastructure on the island, aligning with the community's values and aspirations for a greener tomorrow.




This information is meant to be a general summary of Vineyard Power Cooperative. 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
$138 (2020)
Expenses
$486 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $138

Assets and Liabilities:

  • Total Assets: $6,489
  • Total Liabilities: $151,386
  • Net Assets: -$144,897

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Organization Details

Principal Officer

Richard Andre

NTEE Category

Code: Y22 - Mutual benefit

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