Overview
What is Pkm Electric Cooperative Inc?
Pkm Electric Cooperative Inc, situated in Warren, Minnesota, is a not-for-profit entity dedicated to providing electricity and electric services to approximately 3,886 members. As a cooperative, it operates on a mission to sell electricity to its community members, ensuring their access to essential electric needs.
Official website here: www.pkmcoop.com
Is Pkm Electric Cooperative Inc legitimate?
Pkm Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pkm 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: $528,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.pkmcoop.com
What is the mission statement of Pkm Electric Cooperative Inc?
Pkm Electric Cooperative is a not-for-profit organization dedicated to providing electric services to its community. Based in Minnesota, the cooperative aims to bring electricity to 3,886 members. The organization's primary activity is the sale of electricity, ensuring that its members have a reliable power source for their daily needs. By offering this essential service, Pkm Electric Cooperative contributes significantly to the quality of life for its members. Additionally, the cooperative may engage in initiatives to improve energy efficiency or promote sustainable practices, further enhancing its role within the community.
Official website here: www.pkmcoop.com
Who is the CEO of Pkm Electric Cooperative Inc?
Karen Olson is the President of Pkm Electric Cooperative Inc. The CEO's salary of Pkm Electric Cooperative Inc is $195,293 and their total compensation is $239,252.
Official website here: www.pkmcoop.com
What is the revenue of Pkm Electric Cooperative Inc?
Pkm Electric Cooperative Inc's revenue in 2022 was $15,190,253.
Official website here: www.pkmcoop.com
Who are the executives of Pkm Electric Cooperative Inc and what are their salaries?
The average compensation at Pkm Electric Cooperative Inc during 2022 was $25,175. There are 21 employees at Pkm Electric Cooperative Inc.
Here are 14 key members and their salaries (Pkm Electric Cooperative Inc's CEO's salary is $195,293 and their total compensation is $239,252):
- Compensation: $8,750
- Related: $0
- Other: $0
- Compensation: $6,750
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,250
- Related: $0
- Other: $0
- Compensation: $6,250
- Related: $0
- Other: $0
- Compensation: $8,750
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $195,293
- Related: $0
- Other: $43,959
- Compensation: $113,505
- Related: $0
- Other: $23,473
- Compensation: $111,457
- Related: $0
- Other: $122,538
- Compensation: $117,516
- Related: $0
- Other: $68,598
- Compensation: $121,417
- Related: $0
- Other: $94,580
Official website here: www.pkmcoop.com
Where can I find the form 990 for Pkm Electric Cooperative Inc?
Pkm Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pkmcoop.com
Learn more at the official website: www.pkmcoop.com
Mission Statement of Pkm Electric Cooperative Inc
PKM Electric Cooperative, a not-for-profit organization, is dedicated to providing electricity and electric services to its 3,886 members. Based on the information given, this cooperative's mission revolves around the sale of electricity to its community members.
In simple terms, PKM Electric Cooperative exists to bring power to its clients, ensuring they have access to essential electric services. As a not-for-profit entity, the organization is committed to putting the needs of its members first and operates on a customer-owned basis. This means that the cooperative is democratically controlled by its members, who have a say in the organization's policies and direction.
PKM Electric Cooperative's primary goal is to deliver reliable and affordable electricity to its consumers. By being a cooperative, it can maintain a strong focus on its members' needs and work towards providing them with the best possible electric services. The organization's dedication to its community-based approach sets it apart, ensuring that the needs of its members remain at the forefront of its operations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
PKM Electric Cooperative Inc. plays a significant role in providing reliable electricity services to its members in Warren, Minnesota. Serving a community of 3,886 members, the cooperative ensures that residents and businesses have access to essential electric services, contributing to the overall quality of life and economic stability in the area. The organization focuses on the sale of electricity, which supports not only individual households but also local businesses, fostering growth and development within the community. By prioritizing public benefit, PKM Electric Cooperative enhances the community's infrastructure and helps create a sustainable environment for its members.
This information is meant to be a general summary of Pkm 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: $167,061
- Program Service Revenue: $14,766,764
- Gross Receipts: $15,311,806
Assets and Liabilities:
- Total Assets: $35,400,036
- Total Liabilities: $14,951,611
- Net Assets: $20,448,425
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$14,766,764
Organization Details
Founding Year
1940
Phone
(218) 745-4711Principal Officer
Karen Olson
Main Address
406 NORTH MINNESOTA STREET, WARREN, MN, 56762
Website
www.pkmcoop.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Pkm Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.