Overview
What is Agralite Electric Cooperative?
Agralite Electric Cooperative is a Minnesota-based nonprofit organization, specifically located in Benson with the PO Box address 228. Their primary focus is on distributing electric power to approximately 3,663 members in the region. By providing safe, reliable electric service, Agralite Electric Cooperative contributes to enhancing the quality of life in their community. The cooperative employs a team of 31 individuals to ensure the efficient delivery of electricity to its members.
Official website here: www.agralite.coop
Is Agralite Electric Cooperative legitimate?
Agralite Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Agralite Electric 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $633,623
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,237,430
For more financial information, click here
What is the mission statement of Agralite Electric Cooperative?
Agralite Electric Cooperative is dedicated to providing safe and reliable electric service to its approximately 3,663 members. The cooperative aims to enhance the quality of life in the community by distributing electric power. Its mission extends beyond just electricity, as it also offers related products. The cooperative is committed to ensuring that its members have access to consistent and safe electricity to support their daily needs.
Official website here: www.agralite.coop
Who is the CEO of Agralite Electric Cooperative?
Orvin Gronseth is the President of Agralite Electric Cooperative. The CEO's salary of Agralite Electric Cooperative is $149,235 and their total compensation is $205,206.
Official website here: www.agralite.coop
What is the revenue of Agralite Electric Cooperative?
Agralite Electric Cooperative's revenue in 2022 was $25,358,621.
Official website here: www.agralite.coop
Who are the executives of Agralite Electric Cooperative and what are their salaries?
The average compensation at Agralite Electric Cooperative during 2022 was $92,615. There are 31 employees at Agralite Electric Cooperative.
Here are 15 key members and their salaries (Agralite Electric Cooperative's CEO's salary is $149,235 and their total compensation is $205,206):
- Korwin Johnson (Ceo Until 12/2022)
- Thomas Hoffman (Operations Manager)
- Jenny Stryhn (Ceo/Cfo Begin 12/2022)
- Robert Hoberg (Lead Lineman/Foreman)
- Jonathan Messner (Manager Of Member Services)
- Jeremy Schauer (Lead Lineman/Foreman)
- Chris Larson (Lead Lineman/Foreman)
- Orvin Gronseth (President) [Trustee/Director]
- Warren Rau (Vice President) [Trustee/Director]
- Bennett Zierke (Director)
- Andrea Thomson (Director)
- Steven Nelson (Director)
- Jeff Hufford (Sec-Treasurer) [Trustee/Director]
- Kathryn Draeger (Director)
- Ralph Martin (Cfo - Started 12/2022)
Official website here: www.agralite.coop
Where can I find the form 990 for Agralite Electric Cooperative?
The Agralite Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.agralite.coop
Learn more at the official website: www.agralite.coop
Mission Statement of Agralite Electric Cooperative
Agralite Electric Cooperative, with its mission to provide, dedicates itself to distributing safe and reliable electric service and related products to enhance the quality of life in the community it serves. This nonprofit organization is committed to approximately 3,663 members, extending the essential utility of electric power to each household.
Agralite Electric Cooperative's primary objective revolves around the safety and reliability of electric service delivery. By ensuring a steady and secure electric power supply, the cooperative aims to improve the living conditions and overall well-being of its members. The cooperative's commitment extends beyond the mere distribution of electricity, as it strives to provide additional products and services that contribute positively to the community's daily life.
In summary, Agralite Electric Cooperative's mission is twofold. Firstly, it focuses on providing electric power to its members, ensuring a consistent and dependable supply. Secondly, it offers related products and services designed to improve the quality of life in the community, ultimately making a difference in the everyday experiences of its members.
Impact
This information is meant to be a general summary of Agralite Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Agralite Electric Cooperative's impact is significant in the Benson, Minnesota region by distributing electric power to approximately 3,663 members. By providing safe and reliable electricity service, Agralite Electric Cooperative plays a crucial role in improving the quality of life for individuals and businesses in the area. This ensures that residents have access to essential utilities and helps support the overall development and prosperity of the community.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$23,539,136
CAPITAL CREDITS
Revenue
$1,199,555
EQUITY EARNINGS
Revenue
$322,030
OTHER NON-OPERATING
Revenue
$13,770
Organization Details
Founding Year
1939
Phone
(320) 843-4150
Principal Officer
Orvin Gronseth
Main Address
PO BOX 228, BENSON, MN, 56215
Website
www.agralite.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Agralite Electric Cooperative 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.