Overview
What is Wild Rice Electric Cooperative Inc?
Wild Rice Electric Cooperative Inc is a nonprofit organization dedicated to providing electricity to its members in a 3,200 square mile service area, making a total of 14,649 consumers, among whom are 11,893 members. The cooperative owns and manages over 3,644 miles of distribution lines, ensuring a reliable power supply to its member base. By acting as a retail power supplier, it is committed to energizing its members' future with electricity.
Official website here: www.wildriceelectric.com
What are the reviews and ratings of this charity?
Wild Rice Electric Cooperative Inc is not currently rated by Charity Navigator. The lack of a rating is primarily due to it not being a 501(c)(3) organization, the classification Charity Navigator evaluates. An absence of a rating does not imply any specific positive or negative aspects; it merely reflects the current limitations in the evaluation criteria relative to their nonprofit status.
Charity Navigator explains that this cooperative cannot be assessed using typical evaluation methodologies like Accountability & Finance or Impact & Measurement. These limitations underline the need for either substantial financial disclosures or impact metrics which are unavailable in this case. Historical evaluations, which also did not apply to this entity, mainly considered financial accountability, which is a narrow scope of assessment.
No user reviews are presently available on GreatNonprofits. Therefore, public sentiment and user feedback specific to Wild Rice Electric Cooperative are not captured in this summary.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wild Rice Electric Cooperative Inc?
Two reviews have been shared on Facebook regarding Wild Rice Electric Cooperative Inc, and while they haven't been rated, the feedback is overwhelmingly positive. One reviewer expressed gratitude for the cooperative's dedication during a major snowstorm, highlighting the lengths the team went to troubleshoot and resolve the power outage issue, even though it turned out to be a problem outside their control.
The review emphasizes the cooperative's commitment to their community and willingness to collaborate with other providers to restore power. This demonstrates a strong reliability and customer service ethic, leaving the reviewer feeling thankful for their efforts. Overall, the sentiment reflects a high degree of satisfaction with the cooperative's response during critical situations.
This AI summary has been generated from reviews found on Facebook.
Is Wild Rice Electric Cooperative Inc legitimate?
Wild Rice Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wild Rice 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: $520,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,422,486
For more financial information, click here
Official website here: www.wildriceelectric.com
What is the mission statement of Wild Rice Electric Cooperative Inc?
Wild Rice Electric Cooperative Inc is dedicated to enhancing the futures of its members by delivering electricity to them. Acting as a retail power supplier, the organization manages over 3,600 miles of distribution lines and serves approximately 14,600 consumers, who consist of 11,893 members. By owning and maintaining its infrastructure, Wild Rice Electric Cooperative ensures a consistent power supply for its community.
Official website here: www.wildriceelectric.com
Who is the CEO of Wild Rice Electric Cooperative Inc?
Michael Wade is the Chairman of Wild Rice Electric Cooperative Inc. The CEO's salary of Wild Rice Electric Cooperative Inc is $70,800 and their total compensation is $70,800.
Official website here: www.wildriceelectric.com
What is the revenue of Wild Rice Electric Cooperative Inc?
Wild Rice Electric Cooperative Inc's revenue in 2022 was $36,176,837.
Official website here: www.wildriceelectric.com
Who are the executives of Wild Rice Electric Cooperative Inc and what are their salaries?
The average compensation at Wild Rice Electric Cooperative Inc during 2022 was $89,608. There are 44 employees at Wild Rice Electric Cooperative Inc.
Here are 17 key members and their salaries (Wild Rice Electric Cooperative Inc's CEO's salary is $70,800 and their total compensation is $70,800):
- Compensation: $10,057
- Related: $0
- Other: $0
- Compensation: $7,457
- Related: $0
- Other: $0
- Compensation: $8,082
- Related: $0
- Other: $0
- Compensation: $9,982
- Related: $0
- Other: $0
- Compensation: $7,482
- Related: $0
- Other: $0
- Compensation: $7,696
- Related: $0
- Other: $0
- Compensation: $7,446
- Related: $0
- Other: $0
- Compensation: $6,707
- Related: $0
- Other: $0
- Compensation: $7,732
- Related: $0
- Other: $0
- Compensation: $187,488
- Related: $0
- Other: $50,205
- Compensation: $70,800
- Related: $0
- Other: $0
- Compensation: $87,996
- Related: $0
- Other: $45,954
- Compensation: $114,176
- Related: $0
- Other: $53,045
- Compensation: $113,352
- Related: $0
- Other: $51,196
- Compensation: $112,820
- Related: $0
- Other: $78,447
- Compensation: $124,498
- Related: $0
- Other: $35,411
- Compensation: $112,475
- Related: $0
- Other: $51,821
Official website here: www.wildriceelectric.com
Where can I find the form 990 for Wild Rice Electric Cooperative Inc?
Wild Rice Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wildriceelectric.com
Learn more at the official website: www.wildriceelectric.com
Mission Statement of Wild Rice Electric Cooperative Inc
Wild Rice Electric Cooperative Inc, a retail power supplier, is dedicated to powering the futures of its members by delivering electricity to them. With a mission to energize, the cooperative owns and meticulously maintains over 3,600 miles of distribution lines within a 3,200 square mile service area. This expansive network caters to 14,649 consumers, comprised of 11,893 members, who rely on the cooperative for their electrical needs.
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Impact
October, 2024
Wild Rice Electric Cooperative Inc has a significant impact on its community by providing reliable electricity to its members in a vast service area of 3,200 square miles. With over 3,644 miles of distribution lines, the cooperative supports 14,649 consumers, including 11,893 members, enabling them to power their homes, businesses, and essential services. By energizing the future of its members, Wild Rice Electric Cooperative contributes not only to individual well-being but also to the overall economic development of the region. Its commitment to reliable and accessible electricity is vital for fostering growth, enhancing quality of life, and supporting public benefit initiatives within Mahnomen, Minnesota, and the surrounding areas.
This information is meant to be a general summary of Wild Rice 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: -$34,175
- Program Service Revenue: $36,211,021
- Gross Receipts: $36,253,605
Assets and Liabilities:
- Total Assets: $72,859,229
- Total Liabilities: $41,391,028
- Net Assets: $31,468,201
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electrical Revenue
Revenue
$35,306,635
Capital Credits
Revenue
$560,429
Equity Method Partnership
Revenue
$343,957
Organization Details
Founding Year
1939
Phone
(218) 935-2517Principal Officer
Michael Wade
Main Address
PO Box 438, Mahnomen, MN, 56557
Website
www.wildriceelectric.comNTEE Category
Code: W80 - Public benefit
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