Bayfield Electric Cooperative

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

EIN: 390154234 ✦ Iron river, WI ✦ Designated as a 501(c)(12)

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Overview

What is Bayfield Electric Cooperative?

Bayfield Electric Cooperative is a nonprofit organization dedicated to delivering electricity to its rural community members. They prioritize safety, reliability, and affordability, ensuring a consistent power supply. Their unwavering commitment to customer service is matched by their core values, which include integrity, innovation, accountability, and a strong bond to their community. The cooperative focuses on the distribution of electric energy, working to maintain a robust and efficient power network.


Official website here: www.bayfieldelectric.com

What are the reviews and ratings of this charity?

The Bayfield Electric Cooperative is not currently rated by Charity Navigator as it is not a 501(c)(3) IRS registered nonprofit. This absence of rating is not indicative of the cooperative's effectiveness or issues; rather, it reflects the limitations of the evaluation criteria, which only include certain registered nonprofits. Charity Navigator typically bases ratings on Accountability, Finance, and other factors not applicable to this cooperative.

There is no available data on the cooperative's financials, such as revenue, expenses, or key personnel salaries. The nonprofit's independent status suggests it operates on its self-governance without being a subsidiary or auxiliary to a larger organization structure. Even though the cooperative does not fit within Charity Navigator’s rating model, this does not provide any insights into its operational efficiency or community impact.

No user reviews are available from GreatNonprofits to offer anecdotal insights or testimonial-based assessments. Without user feedback, it remains challenging to capture the cooperative's performance or reputation in community-based accounts.


This AI summary has been generated from information found on Charity Navigator.

Is Bayfield Electric Cooperative legitimate?

Bayfield Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bayfield Electric Cooperative 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: $532,049
Professional Fundraising Fees: $0
Other Salaries and Wages: $386,670

For more financial information, click here


Official website here: www.bayfieldelectric.com

What is the mission statement of Bayfield Electric Cooperative?

Bayfield Electric Cooperative is dedicated to delivering safe, reliable, and affordable electricity to rural communities. They prioritize superior customer service and operate with integrity, innovation, accountability, and a strong commitment to their community. Their primary focus is the distribution of electric energy to their members, ensuring their needs are met effectively and efficiently. They strive to maintain a strong connection with their customers, building trust and fostering long-term relationships. Through their commitment to excellence, Bayfield Electric Cooperative aims to enhance the quality of life for those they serve.


Official website here: www.bayfieldelectric.com

Who is the CEO of Bayfield Electric Cooperative?

Christopher Kopel is the Ceo of Bayfield Electric Cooperative. The CEO's salary of Bayfield Electric Cooperative is $195,872 and their total compensation is $273,012.


Official website here: www.bayfieldelectric.com

What is the revenue of Bayfield Electric Cooperative?

Bayfield Electric Cooperative's revenue in 2022 was $15,614,627.


Official website here: www.bayfieldelectric.com

Who are the executives of Bayfield Electric Cooperative and what are their salaries?

The average compensation at Bayfield Electric Cooperative during 2022 was $41,760. There are 22 employees at Bayfield Electric Cooperative.


Here are 22 key members and their salaries (Bayfield Electric Cooperative's CEO's salary is $195,872 and their total compensation is $273,012):


Christopher Kopel (Ceo)
  • Compensation: $195,872
  • Related: $0
  • Other: $77,140
Sara Anderson (Cfo)
  • Compensation: $116,867
  • Related: $0
  • Other: $57,820
Robert Lahti (Operations Manager)
  • Compensation: $114,500
  • Related: $0
  • Other: $55,892
Dustin Mckay (Lineman)
  • Compensation: $119,337
  • Related: $0
  • Other: $39,817
Keith Klobucher (Lineman)
  • Compensation: $116,136
  • Related: $0
  • Other: $39,828
Matthew Tarasewicz (Lineman)
  • Compensation: $127,145
  • Related: $0
  • Other: $28,523
Jacob Hipsher (Member Service Director)
  • Compensation: $102,338
  • Related: $0
  • Other: $52,487
Adam Waddle (Lineman)
  • Compensation: $113,623
  • Related: $0
  • Other: $39,806
Kenneth Koosman (Lineman)
  • Compensation: $112,465
  • Related: $0
  • Other: $39,829
Keith Kavajecz (Lineman)
  • Compensation: $111,013
  • Related: $0
  • Other: $39,796
Elliot Powers (Lineman)
  • Compensation: $108,966
  • Related: $0
  • Other: $39,783
Troy Seeger (Line Foreman)
  • Compensation: $120,158
  • Related: $0
  • Other: $18,426
Blake Reijo (Lineman)
  • Compensation: $114,887
  • Related: $0
  • Other: $17,471
Barry Radloff (Director)
  • Compensation: $8,050
  • Related: $20,393
  • Other: $0
Mark Santikko (President)
  • Compensation: $11,450
  • Related: $0
  • Other: $0
Michael Neslon (Director)
  • Compensation: $11,300
  • Related: $0
  • Other: $0
Roy Settgas (Director)
  • Compensation: $10,550
  • Related: $0
  • Other: $0
Russell Bailey (Vice President)
  • Compensation: $9,300
  • Related: $0
  • Other: $0
James Kinzie (Director)
  • Compensation: $9,050
  • Related: $0
  • Other: $0
Curtis Berweger (Secretary/Treasurer)
  • Compensation: $8,800
  • Related: $0
  • Other: $0
Carl Schutte (Director)
  • Compensation: $8,550
  • Related: $0
  • Other: $0
Robert Kretzschmar (Director)
  • Compensation: $7,300
  • Related: $0
  • Other: $0


Official website here: www.bayfieldelectric.com

Where can I find the form 990 for Bayfield Electric Cooperative?

Bayfield Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bayfieldelectric.com

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

Mission Statement of Bayfield Electric Cooperative

Bayfield Electric Cooperative, a dedicated electric energy distributor, is deeply committed to delivering safe, dependable, and economical electricity to rural communities. This mission is underpinned by a strong focus on superior customer service and a set of core values, which include integrity, innovation, accountability, and a steadfast dedication to the community.

The cooperative's primary function is to distribute electric energy to its members, ensuring that they have access to a consistent power supply. This reliable electric service not only enhances the daily lives of individuals and families but also enables local businesses to thrive. The cooperative's unwavering commitment to safety in its operations is another essential aspect of its mission. By adhering to the highest safety standards, Bayfield Electric Cooperative safeguards both its personnel and its members, fostering a sense of trust and security within the community.

Furthermore, Bayfield Electric Cooperative is driven by a deep-rooted sense of responsibility towards its members and the communities it serves. This commitment to community is reflected in its values of integrity, innovation, and accountability. By living up to these values, the cooperative aims to foster a strong and sustainable relationship with its members, based on transparency, trust, and a shared commitment to the greater good.

Innovation plays a pivotal role in Bayfield Electric Cooperative's approach to serving its members. The cooperative is constantly exploring new ways to improve its operations, enhance the customer experience, and adapt to the evolving needs of its community. This forward-thinking mindset ensures that Bayfield Electric Cooperative remains at the forefront of the electric energy distribution industry and continues to provide the best possible service to its members.

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Impact




October, 2024

Bayfield Electric Cooperative plays a significant role in enhancing the quality of life for its members in Iron River, Wisconsin, by distributing electric energy with a focus on safety, reliability, and affordability. Its commitment to superior customer service ensures that members receive quality support and efficient solutions tailored to their needs. By prioritizing values such as integrity, innovation, accountability, and a dedication to community, the cooperative fosters a strong sense of trust and connection among its members. This focus on community support and empowerment not only meets essential energy needs but also contributes to the overall well-being and development of rural areas, positioning the cooperative as a vital resource for sustainable living in the region.




This information is meant to be a general summary of Bayfield Electric 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
$15,614,627 (2022)
Expenses
$15,617,494 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,720
  • Program Service Revenue: $15,225,740
  • Gross Receipts: $15,614,627

Assets and Liabilities:

  • Total Assets: $40,635,209
  • Total Liabilities: $26,793,624
  • Net Assets: $13,841,585

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Programs

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

Operating Revenue

Revenue

$15,225,740

Organization Details

Founding Year

1940

Principal Officer

Christopher Kopel

Main Address

PO BOX 68, IRON RIVER, WI, 54847

NTEE Category

Code: W80 - Public benefit

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