Overview
What is Boone Valley Electric Cooperative?
Boone Valley Electric Cooperative is a public utilities organization, established in Renwick, Iowa. Its primary mission is to deliver affordable electric service to its community. Operating as a nonprofit entity, the cooperative is committed to providing this essential service, ensuring accessibility and affordability for its residents.
Is Boone Valley Electric Cooperative legitimate?
Boone Valley Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Boone Valley 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $17,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Boone Valley Electric Cooperative?
Boone Valley Electric Cooperative's mission is centered around providing affordable electric service. Acting as a public utilities organization, the cooperative strives to make electricity accessible at reasonable rates, ensuring its service contributes positively to various communities. The organization's primary focus is on delivering reliable and cost-effective electric service to its users, enhancing their quality of life while adhering to sustainable and responsible practices.
Who is the CEO of Boone Valley Electric Cooperative?
Curtis Meinke is the Director of Boone Valley Electric Cooperative.
What is the revenue of Boone Valley Electric Cooperative?
Boone Valley Electric Cooperative's revenue in 2022 was $373,304.
Who are the executives of Boone Valley Electric Cooperative and what are their salaries?
The average compensation at Boone Valley Electric Cooperative during 2022 was $8,900. There are 2 employees at Boone Valley Electric Cooperative.
Here are 5 key members and their salaries:
- Compensation: $13,015
- Related: $0
- Other: $0
- Compensation: $1,954
- Related: $0
- Other: $0
- Compensation: $1,147
- Related: $0
- Other: $0
- Compensation: $862
- Related: $0
- Other: $0
- Compensation: $823
- Related: $0
- Other: $0
Where can I find the form 990 for Boone Valley Electric Cooperative?
Boone Valley Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boone Valley Electric Cooperative
Boone Valley Electric Cooperative, as a public utilities organization, is committed to providing affordable electric service. The mission of this cooperative is to ensure that electricity is accessible and reasonably priced for its consumers, serving as a vital service for the community. By operating with this goal in mind, Boone Valley Electric Cooperative contributes to the well-being of the community, ensuring that energy costs remain manageable for its members.
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Impact
October, 2024
Boone Valley Electric Cooperative plays a crucial role in providing affordable electric service to the community of Renwick, IA. By operating as a public utilities organization, it ensures that residents and businesses have access to reliable electricity, which is essential for daily life and economic activity. The cooperative's commitment to affordability directly benefits the local community by helping to keep energy costs manageable, thus enhancing the quality of life for its members. Through its operations, Boone Valley Electric Cooperative contributes to the overall well-being and sustainability of the region, underscoring its importance as a provider of public benefit.
This information is meant to be a general summary of Boone Valley Electric Cooperative. 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: $198,129
- Gross Receipts: $1,107,149
Assets and Liabilities:
- Total Assets: $1,468,952
- Total Liabilities: $75,672
- Net Assets: $1,393,280
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Organization Details
Founding Year
1936
Phone
(515) 824-3565Principal Officer
Curtis Meinke
Main Address
PO Box 71, Renwick, IA, 50577
NTEE Category
Code: W80 - Public benefit
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