Overview
What is Roseau Electric Cooperative Inc?
Roseau Electric Cooperative Inc, located in Roseau, Minnesota, is a nonprofit organization serving 6,663 members by delivering electricity to them. Spanning over 2,175 miles, the cooperative is dedicated to providing its member-owners with affordable, high-quality, safe, and dependable electric service. With a team of 34 employees, Roseau Electric Cooperative values friendly, efficient, and knowledgeable interactions. The organization's commitment extends beyond just electricity, ensuring a positive experience for its members.
Official website here: www.roseauelectric.coop
Is Roseau Electric Cooperative Inc legitimate?
Roseau Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Roseau 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: $503,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,040,909
For more financial information, click here
Official website here: www.roseauelectric.coop
What is the mission statement of Roseau Electric Cooperative Inc?
The Roseau Electric Cooperative is dedicated to supplying its member-owners with affordable, top-quality, secure, and dependable electricity. The cooperative's team offers friendly, efficient, and knowledgeable service to ensure a positive experience for its 6,663 members. The cooperative delivers electric energy over an extensive network, spanning 2,175 miles, to provide power to homes and businesses. In pursuit of this commitment, the cooperative consistently invests in upgrading infrastructure, implementing safety measures, and embracing innovative solutions to meet the evolving energy needs of its community.
Official website here: www.roseauelectric.coop
What is the revenue of Roseau Electric Cooperative Inc?
Roseau Electric Cooperative Inc's revenue in 2023 was $20,588,990.
Official website here: www.roseauelectric.coop
Who are the executives of Roseau Electric Cooperative Inc and what are their salaries?
The average compensation at Roseau Electric Cooperative Inc during 2023 was $77,090. There are 33 employees at Roseau Electric Cooperative Inc.
Here are 17 key members and their salaries:
- Compensation: $5,850
- Related: $0
- Other: $0
- Compensation: $6,850
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $3,850
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $5,850
- Related: $0
- Other: $0
- Compensation: $6,050
- Related: $0
- Other: $0
- Compensation: $8,150
- Related: $0
- Other: $0
- Compensation: $2,450
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $150,669
- Related: $0
- Other: $31,470
- Compensation: $168,305
- Related: $0
- Other: $129,133
- Compensation: $116,587
- Related: $0
- Other: $46,988
- Compensation: $123,389
- Related: $0
- Other: $73,288
- Compensation: $106,057
- Related: $0
- Other: $66,928
- Compensation: $103,638
- Related: $0
- Other: $56,739
- Compensation: $103,719
- Related: $0
- Other: $59,001
Official website here: www.roseauelectric.coop
Where can I find the form 990 for Roseau Electric Cooperative Inc?
Roseau Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.roseauelectric.coop
Learn more at the official website: www.roseauelectric.coop
Mission Statement of Roseau Electric Cooperative Inc
Roseau Electric Cooperative Inc, a dedicated utility service provider, is committed to delivering electric power to its member-owners. With a focus on affordability, the cooperative strives to provide low-cost electricity that ensures high quality, safety, and reliability. The organization prides itself on delivering friendly, efficient, and knowledgeable service to its community of 6,663 members.
Roseau Electric Cooperative Inc's mission is geared towards empowering its members with consistent and dependable electricity. The cooperative's commitment to excellence extends to covering an extensive network of 2,175 miles to ensure every member has access to uninterrupted power. The cooperative's primary goal is to maintain a strong connection with its community, ensuring that the needs and expectations of its members are met with the highest level of dedication and professionalism.
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Impact
October, 2024
Roseau Electric Cooperative Inc plays a crucial role in providing electric energy to its 6,663 members across a vast service area of 2,175 miles. By focusing on delivering low-cost, high-quality, safe, and reliable electricity, the cooperative directly enhances the quality of life for its members in Roseau, MN. Its commitment to friendly, efficient, and knowledgeable service ensures that community needs are met, fostering a sense of connection and support among residents. The cooperative's operations also contribute to the local economy, making it a vital community asset dedicated to public benefit.
This information is meant to be a general summary of Roseau 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 2023.
- Investment Income: $37,419
- Program Service Revenue: $20,059,472
- Gross Receipts: $20,588,990
Assets and Liabilities:
- Total Assets: $42,951,995
- Total Liabilities: $22,157,895
- Net Assets: $20,794,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$19,074,319
FIBER SALES
Revenue
$532,483
CAPITAL CREDITS
Revenue
$359,277
OTHER SUPPORTING REVENUE
Revenue
$93,393
Organization Details
Founding Year
1940
Principal Officer
Tracey Stoll
Website
www.roseauelectric.coopNTEE Category
Code: W80 - Public benefit
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