Overview
What is Kandiyohi Power Cooperative?
Kandiyohi Power Cooperative is a nonprofit organization based in Spicer, Minnesota. Their primary mission is to distribute electric energy and related services to approximately 8,912 members. This cooperative provides essential electric distribution and other related services to its community, employing a team of 28 individuals to ensure efficient operations.
Official website here: www.kpcoop.com
What do the Facebook reviews say about Kandiyohi Power Cooperative?
86% of users recommend Kandiyohi Power Cooperative based on the limited reviews available. Here’s what people are saying:
Several individuals express frustration regarding the reliability of service, highlighting frequent power outages that occur in both summer and winter. One reviewer specifically noted the inconvenience caused by outages, which seemed to happen multiple times in a week.
Despite these comments, the majority of reviews reflect a willingness to support the nonprofit, indicating that there might be efforts in place that resonate positively with many users. However, the concerns about service reliability are significant and may impact overall satisfaction in the long run.
This AI summary has been generated from reviews found on Facebook.
Is Kandiyohi Power Cooperative legitimate?
Kandiyohi Power Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kandiyohi Power 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: $452,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kpcoop.com
What is the mission statement of Kandiyohi Power Cooperative?
Kandiyohi Power Cooperative is dedicated to providing electric distribution and related services to its membership base of 8,912 individuals. The cooperative's mission is geared towards delivering essential electric energy to its members, ensuring their daily needs are met. Beyond electric distribution, the cooperative also offers additional related services to enhance the overall experience for its members. By focusing on electricity provision and related offerings, Kandiyohi Power Cooperative aims to contribute significantly to the daily lives of the people it serves.
Official website here: www.kpcoop.com
Who is the CEO of Kandiyohi Power Cooperative?
Patrick Krueger is the Director of Kandiyohi Power Cooperative. The CEO's salary of Kandiyohi Power Cooperative is $162,876 and their total compensation is $209,416.
Official website here: www.kpcoop.com
What is the revenue of Kandiyohi Power Cooperative?
Kandiyohi Power Cooperative's revenue in 2022 was $22,281,330.
Official website here: www.kpcoop.com
Who are the executives of Kandiyohi Power Cooperative and what are their salaries?
The average compensation at Kandiyohi Power Cooperative during 2022 was $16,177. There are 28 employees at Kandiyohi Power Cooperative.
Here are 17 key members and their salaries (Kandiyohi Power Cooperative's CEO's salary is $162,876 and their total compensation is $209,416):
- Compensation: $8,988
- Related: $0
- Other: $0
- Compensation: $5,630
- Related: $0
- Other: $0
- Compensation: $8,553
- Related: $0
- Other: $0
- Compensation: $8,153
- Related: $0
- Other: $0
- Compensation: $3,910
- Related: $0
- Other: $0
- Compensation: $8,653
- Related: $0
- Other: $0
- Compensation: $8,858
- Related: $0
- Other: $0
- Compensation: $9,378
- Related: $0
- Other: $0
- Compensation: $9,043
- Related: $0
- Other: $0
- Compensation: $8,855
- Related: $0
- Other: $0
- Compensation: $162,876
- Related: $0
- Other: $46,540
- Compensation: $121,706
- Related: $0
- Other: $39,955
- Compensation: $107,555
- Related: $0
- Other: $29,013
- Compensation: $106,129
- Related: $0
- Other: $34,758
- Compensation: $109,823
- Related: $0
- Other: $14,370
- Compensation: $111,256
- Related: $0
- Other: $38,224
- Compensation: $104,943
- Related: $0
- Other: $34,797
Official website here: www.kpcoop.com
Where can I find the form 990 for Kandiyohi Power Cooperative?
Kandiyohi Power Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kpcoop.com
Learn more at the official website: www.kpcoop.com
Mission Statement of Kandiyohi Power Cooperative
Kandiyohi Power Cooperative, a crucial nonprofit organization, is dedicated to providing electric distribution and associated services to its 8,912 members. This mission extends beyond just supplying electricity; it encompasses a range of related activities to ensure the needs of its members are met effectively.
At the core of Kandiyohi Power Cooperative's operations lies the provision of electric energy. By distributing this essential resource, the cooperative enables its members to power their homes and businesses, fostering improved living standards and economic development in their communities. The organization is committed to delivering a reliable and consistent power supply, ensuring its members have access to the electricity they need to thrive.
Moreover, Kandiyohi Power Cooperative offers additional services to further support its members. These services may include maintenance, repairs, and upgrades to the electrical infrastructure, as well as energy efficiency programs and educational resources. By going above and beyond the traditional electric utility role, the cooperative solidifies its position as a trusted partner and advocate for its members.
In summary, Kandiyohi Power Cooperative plays a vital role in the lives of its 8,912 members by providing electric distribution and related services. This mission extends beyond electricity, encompassing a commitment to improving the living standards and economic development of the communities it serves.
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Impact
October, 2024
Kandiyohi Power Cooperative plays a vital role in ensuring reliable access to electric energy for its members in Spicer, MN, and the surrounding areas. By distributing electric energy alongside related services, the cooperative supports the daily needs of its 8,912 members, fostering a sense of community and enhancing quality of life.
The cooperative’s commitment to providing essential services contributes to local economic stability, enabling businesses to operate efficiently and households to thrive. Through its focus on public benefit, Kandiyohi Power Cooperative also emphasizes sustainable practices and community involvement, further enriching the region it serves. Overall, Kandiyohi Power Cooperative is a cornerstone of reliable energy distribution and community engagement in its area.
This information is meant to be a general summary of Kandiyohi 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $93,995
- Program Service Revenue: $21,429,337
- Gross Receipts: $22,406,136
Assets and Liabilities:
- Total Assets: $73,609,035
- Total Liabilities: $39,176,290
- Net Assets: $34,432,745
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$21,277,348
Organization Details
Founding Year
1938
Phone
(320) 796-0991Principal Officer
Patrick Krueger
Main Address
8605 47TH ST NE, SPICER, MN, 562880040
Website
www.kpcoop.comNTEE Category
Code: W80 - Public benefit
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