Overview
What is Beltrami Electric Cooperative Inc?
Beltrami Electric Cooperative Inc is a nonprofit organization based in Bemidji, Minnesota. With a mission to deliver electricity to its members, the cooperative currently serves 18,240 members and 22,123 customers. The organization is dedicated to providing excellent value through the safe and reliable delivery of electric service, exceptional member service, and innovative energy solutions at fair and reasonable prices. The cooperative employs a team of 72 individuals to carry out its operations and fulfill its tax-exempt purpose.
Official website here: www.beltramielectric.com
Is Beltrami Electric Cooperative Inc legitimate?
Beltrami Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Beltrami Electric Cooperative 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $656,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,517,139
For more financial information, click here
Official website here: www.beltramielectric.com
What is the mission statement of Beltrami Electric Cooperative Inc?
Beltrami Electric Cooperative Inc is dedicated to delivering electricity to its members with excellence. Its mission goes beyond just electricity provision, as it aims to offer reliable and safe electric service, exceptional member service, and innovative energy solutions at reasonable prices. The cooperative strives to provide value to its members by ensuring the safe and dependable delivery of energy and offering personalized customer service. Additionally, it explores and implements advanced energy solutions to cater to the evolving needs of its customers. Serving 18,240 members and 22,123 customers, Beltrami Electric Cooperative Inc is committed to maintaining a strong relationship with its community and providing them with the energy essentials they need.
Official website here: www.beltramielectric.com
Who is the CEO of Beltrami Electric Cooperative Inc?
Jared Echternach is the Ceo of Beltrami Electric Cooperative Inc. The CEO's salary of Beltrami Electric Cooperative Inc is $265,005 and their total compensation is $421,019.
Official website here: www.beltramielectric.com
What is the revenue of Beltrami Electric Cooperative Inc?
Beltrami Electric Cooperative Inc's revenue in 2022 was $59,261,181.
Official website here: www.beltramielectric.com
Who are the executives of Beltrami Electric Cooperative Inc and what are their salaries?
The average compensation at Beltrami Electric Cooperative Inc during 2022 was $85,751. There are 72 employees at Beltrami Electric Cooperative Inc.
Here are 16 key members and their salaries (Beltrami Electric Cooperative Inc's CEO's salary is $265,005 and their total compensation is $421,019):
- Compensation: $7,179
- Related: $0
- Other: $0
- Compensation: $16,867
- Related: $0
- Other: $0
- Compensation: $8,792
- Related: $0
- Other: $0
- Compensation: $8,487
- Related: $0
- Other: $0
- Compensation: $8,372
- Related: $0
- Other: $0
- Compensation: $12,383
- Related: $0
- Other: $0
- Compensation: $7,759
- Related: $0
- Other: $0
- Compensation: $12,134
- Related: $0
- Other: $0
- Compensation: $11,836
- Related: $0
- Other: $0
- Compensation: $265,005
- Related: $0
- Other: $156,014
- Compensation: $152,293
- Related: $0
- Other: $188,347
- Compensation: $140,302
- Related: $0
- Other: $37,680
- Compensation: $151,796
- Related: $0
- Other: $96,537
- Compensation: $127,395
- Related: $0
- Other: $55,952
- Compensation: $150,662
- Related: $0
- Other: $53,693
- Compensation: $128,915
- Related: $0
- Other: $22,897
Official website here: www.beltramielectric.com
Where can I find the form 990 for Beltrami Electric Cooperative Inc?
Beltrami Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beltramielectric.com
Learn more at the official website: www.beltramielectric.com
Mission Statement of Beltrami Electric Cooperative Inc
Beltrami Electric Cooperative Inc, a tax-exempt organization, is dedicated to delivering electricity to its members. The cooperative's mission goes beyond just providing power; it strives to offer excellent value to its members. By ensuring the safe delivery of reliable electric service, Beltrami Electric Cooperative Inc offers its customers more than just energy.
The cooperative's commitment to member service is evident in its dedication to providing innovative energy solutions at fair and reasonable prices. Beltrami Electric Cooperative Inc's team works diligently to meet the needs of its 18,240 members and 22,123 customers, ensuring they receive top-quality service. The organization's approach to energy delivery not only focuses on powering homes and businesses but also on fostering a strong relationship with its community.
Beltrami Electric Cooperative Inc's mission is to exceed members' expectations by offering reliable electric service, excellent member care, and forward-thinking energy solutions. By prioritizing the needs of its members and providing them with the energy they require to live and work comfortably, the cooperative builds trust and confidence in its ability to deliver on its promises. The organization's unwavering commitment to its mission translates into a strong bond with its members, fostering a sense of community and shared purpose.
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Impact
October, 2024
Beltrami Electric Cooperative Inc plays a crucial role in its community by delivering electricity to its members and customers efficiently. Serving 18,240 members and providing service to 22,123 customers, the cooperative ensures access to reliable electric service in Bemidji, MN, and surrounding areas.
The organization's commitment to excellent value is reflected in its mission to prioritize safe delivery and outstanding member service. Beltrami Electric Cooperative also focuses on innovative energy solutions, enhancing sustainability and affordability for its members. By maintaining fair and reasonable prices, the cooperative contributes significantly to the quality of life in the region, supporting homes and businesses with essential energy services. Its impact extends beyond energy provision, fostering community development and stability through accessible electricity.
This information is meant to be a general summary of Beltrami Electric Cooperative Inc. 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 2022.
- Investment Income: $154,391
- Program Service Revenue: $59,226,390
- Gross Receipts: $59,581,336
Assets and Liabilities:
- Total Assets: $138,158,231
- Total Liabilities: $86,534,080
- Net Assets: $51,624,151
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$58,068,424
CAPITAL CREDITS
Revenue
$1,157,966
Organization Details
Founding Year
1940
Phone
(218) 444-3632Principal Officer
Jared Echternach
Main Address
PO BOX 488, BEMIDJI, MN, 566190488
Website
www.beltramielectric.comNTEE Category
Code: W80 - Public benefit
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