Overview
What is Red River Valley Cooperative Power Association?
Red River Valley Cooperative Power Association is a nonprofit organization based in Halstad, Minnesota. With a team of 25 employees, they dedicate themselves to improving the quality of life for their approximately 3,700 members by providing essential energy services, leadership, and necessary products, aligned with cooperative principles. The association's mission focuses on enhancing the community through reliable energy provision and essential offerings.
Official website here: www.rrvcoop.com
Is Red River Valley Cooperative Power Association legitimate?
Red River Valley Cooperative Power Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Red River Valley Cooperative Power Association 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: $330,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,591,172
For more financial information, click here
Official website here: www.rrvcoop.com
What is the mission statement of Red River Valley Cooperative Power Association?
The Red River Valley Cooperative Power Association focuses on enhancing the quality of life for its members through the provision of essential services and products, consistent with cooperative principles. This commitment encompasses delivering electricity to around 3,700 members. The organization goes beyond just energy, offering leadership and various other services that align with the cooperative philosophy to improve overall well-being. By adhering to these principles, the Red River Valley Cooperative Power Association aims to make a positive impact on the lives of its members.
Official website here: www.rrvcoop.com
Who is the CEO of Red River Valley Cooperative Power Association?
Roger Krostue is the Director of Red River Valley Cooperative Power Association. The CEO's salary of Red River Valley Cooperative Power Association is $114,765 and their total compensation is $194,542.
Official website here: www.rrvcoop.com
What is the revenue of Red River Valley Cooperative Power Association?
Red River Valley Cooperative Power Association's revenue in 2022 was $17,108,739.
Official website here: www.rrvcoop.com
Who are the executives of Red River Valley Cooperative Power Association and what are their salaries?
The average compensation at Red River Valley Cooperative Power Association during 2022 was $76,884. There are 25 employees at Red River Valley Cooperative Power Association.
Here are 13 key members and their salaries (Red River Valley Cooperative Power Association's CEO's salary is $114,765 and their total compensation is $194,542):
- Compensation: $8,700
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $3,900
- Related: $0
- Other: $0
- Compensation: $3,900
- Related: $0
- Other: $0
- Compensation: $6,900
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $114,765
- Related: $0
- Other: $79,777
- Compensation: $86,729
- Related: $0
- Other: $25,767
- Compensation: $110,678
- Related: $0
- Other: $55,009
- Compensation: $107,466
- Related: $0
- Other: $57,684
- Compensation: $102,835
- Related: $0
- Other: $43,672
- Compensation: $102,139
- Related: $0
- Other: $57,508
- Compensation: $101,990
- Related: $0
- Other: $20,045
Official website here: www.rrvcoop.com
Where can I find the form 990 for Red River Valley Cooperative Power Association?
Red River Valley Cooperative Power Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rrvcoop.com
Learn more at the official website: www.rrvcoop.com
Mission Statement of Red River Valley Cooperative Power Association
Red River Valley Cooperative Power Association, a commitment-driven organization, strives to improve the lives of its members by supplying electricity, leadership, essential services, and products in accordance with cooperative principles. The Association is dedicated to enhancing the overall quality of life for its approximately 3,700 members, ensuring a dependable and consistent energy supply. Through its mission, Red River Valley Cooperative Power Association aims to build strong, sustainable communities and foster a sense of cooperation among its members. By providing vital energy resources and essential services, the Association creates an environment where members can thrive and grow.
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Impact
October, 2024
Red River Valley Cooperative Power Association significantly impacts its community by providing reliable electricity to approximately 3,700 members in Halstad, MN. The association enhances the quality of life for its members through leadership and essential services that align with cooperative principles. By focusing on community needs and fostering a sense of collaboration, the organization not only ensures access to electricity but also contributes to the overall well-being and sustainability of the region.
This information is meant to be a general summary of Red River Valley Cooperative Power Association. 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: $100,207
- Program Service Revenue: $16,466,560
- Gross Receipts: $17,247,721
Assets and Liabilities:
- Total Assets: $49,983,212
- Total Liabilities: $30,541,023
- Net Assets: $19,442,189
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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
$16,466,560
Organization Details
Founding Year
1938
Phone
(218) 456-2139Principal Officer
Roger Krostue
Main Address
PO BOX 358, HALSTAD, MN, 565480358
Website
www.rrvcoop.comNTEE Category
Code: W80 - Public benefit
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