Overview
What is Price Electric Cooperative?
Price Electric Cooperative is a nonprofit organization based in Phillips, Wisconsin. Its primary mission involves distributing electric services to approximately 8,776 rural members and consumers in the area. With a dedicated workforce of 25 employees, the cooperative focuses on providing essential power services to rural communities.
Official website here: www.priceelectric.coop
Is Price Electric Cooperative legitimate?
Price Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Price 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: $317,775
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.priceelectric.coop
What is the mission statement of Price Electric Cooperative?
Price Electric Cooperative is dedicated to delivering electric services to approximately 8,776 rural members and consumers. Their primary objective revolves around the distribution of electricity to these individuals living in rural areas. The cooperative's mission is geared towards ensuring that these members have access to essential electric services in their daily lives.
Official website here: www.priceelectric.coop
What is the revenue of Price Electric Cooperative?
Price Electric Cooperative's revenue in 2023 was $15,143,180.
Official website here: www.priceelectric.coop
Who are the executives of Price Electric Cooperative and what are their salaries?
The average compensation at Price Electric Cooperative during 2023 was $12,711. There are 25 employees at Price Electric Cooperative.
Here are 16 key members and their salaries:
- Compensation: $143,130
- Related: $0
- Other: $5,955
- Compensation: $141,556
- Related: $0
- Other: $37,540
- Compensation: $129,239
- Related: $0
- Other: $32,292
- Compensation: $90,641
- Related: $0
- Other: $57,254
- Compensation: $123,278
- Related: $0
- Other: $41,244
- Compensation: $146,237
- Related: $0
- Other: $34,938
- Compensation: $177,048
- Related: $0
- Other: $132,018
- Compensation: $7,975
- Related: $0
- Other: $0
- Compensation: $7,328
- Related: $0
- Other: $0
- Compensation: $3,666
- Related: $0
- Other: $0
- Compensation: $5,261
- Related: $0
- Other: $0
- Compensation: $3,986
- Related: $0
- Other: $0
- Compensation: $5,828
- Related: $0
- Other: $0
- Compensation: $3,575
- Related: $0
- Other: $0
- Compensation: $4,160
- Related: $0
- Other: $0
- Compensation: $8,307
- Related: $0
- Other: $0
Official website here: www.priceelectric.coop
Where can I find the form 990 for Price Electric Cooperative?
Price Electric Cooperative's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.priceelectric.coop
Learn more at the official website: www.priceelectric.coop
Mission Statement of Price Electric Cooperative
Price Electric Cooperative, a prominent nonprofit organization, is dedicated to the essential mission of bringing electricity to 8,776 rural members and consumers. By distributing electric service, this cooperative plays a crucial role in improving the quality of life and enabling economic opportunities in less urbanized areas.
In pursuit of its primary exempt purpose, Price Electric Cooperative goes above and beyond to deliver electric power to the rural community it serves. This mission is not only about providing a basic necessity but also about empowering its members with the means to thrive in their daily lives. By connecting homes, farms, and businesses to the electric grid, the cooperative fosters a strong foundation for sustainable development and progress.
Price Electric Cooperative is a beacon of hope and progress for the rural population it serves. Its commitment to distributing electric service is a key factor in enabling its members to access essential modern amenities, improve productivity, and ultimately, secure a better future. The organization's unwavering dedication to its mission fosters a sense of community and empowers its members to reach their full potential.
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Impact
October, 2024
Price Electric Cooperative plays a crucial role in providing electric service to 8,776 rural members and consumers in the Phillips area of Wisconsin. By ensuring the distribution of reliable electricity, the cooperative significantly enhances the quality of life for residents in these rural communities. The cooperative’s commitment to serving its members fosters economic growth and stability, enabling households and businesses to thrive.
In addition to delivering essential power services, Price Electric Cooperative contributes to the public benefit by supporting local initiatives and community development projects. Their operations help to connect communities, facilitating communication and accessibility that are vital for modern living. Overall, the cooperative's impact extends beyond electricity distribution, promoting sustainable practices and fostering community engagement in the process.
This information is meant to be a general summary of Price 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $14,377
- Program Service Revenue: $14,730,728
- Gross Receipts: $15,175,847
Assets and Liabilities:
- Total Assets: $53,415,812
- Total Liabilities: $32,003,154
- Net Assets: $21,412,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$14,042,447
G&T CAPITAL CREDITS
Revenue
$263,728
OTHER REVENUE
Revenue
$243,278
OTHER CAPITAL CREDITS
Revenue
$175,519
POLE RENTAL
Revenue
$5,756
Organization Details
Founding Year
1940
Principal Officer
Jeffery Olson
Website
www.priceelectric.coopNTEE Category
Code: W80 - Public benefit
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