Overview
What is Farmers Electric Cooperative?
Farmers Electric Cooperative is a public utilities organization situated in Kalona, Iowa. As a dedicated nonprofit, its primary mission is to offer reliable electric services to its members and patron-members. This community-focused entity is committed to enhancing the lives of its local residents by ensuring a consistent power supply, thereby contributing to their daily activities and overall well-being.
Official website here: www.feckalona.net
Is Farmers Electric Cooperative legitimate?
Farmers Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Farmers 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: $117,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,651
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Official website here: www.feckalona.net
What is the mission statement of Farmers Electric Cooperative?
Farmers Electric Cooperative is committed to providing electric services to its members and patronage as a public utilities organization. Its mission, in essence, is to deliver reliable and essential electrical power to its clientele, serving as a vital energy provider. The cooperative operates with a focus on meeting the electrical needs of its community, ensuring a consistent and uninterrupted power supply. By doing so, Farmers Electric Cooperative contributes to the overall well-being and development of its member base.
Official website here: www.feckalona.net
Who is the CEO of Farmers Electric Cooperative?
Tim Heisdorffer is the Manager of Farmers Electric Cooperative.
Official website here: www.feckalona.net
What is the revenue of Farmers Electric Cooperative?
Farmers Electric Cooperative's revenue in 2022 was $2,490,146.
Official website here: www.feckalona.net
Who are the executives of Farmers Electric Cooperative and what are their salaries?
The average compensation at Farmers Electric Cooperative during 2022 was $58,563. There are 6 employees at Farmers Electric Cooperative.
Here are 6 key members and their salaries:
- Compensation: $101,601
- Related: $0
- Other: $3,497
- Compensation: $3,470
- Related: $0
- Other: $0
- Compensation: $3,280
- Related: $0
- Other: $0
- Compensation: $3,215
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $2,960
- Related: $0
- Other: $0
Official website here: www.feckalona.net
Where can I find the form 990 for Farmers Electric Cooperative?
Farmers Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.feckalona.net
Learn more at the official website: www.feckalona.net
Mission Statement of Farmers Electric Cooperative
Farmers Electric Cooperative, as a public utilities organization, is dedicated to providing electric services to its members and patronage. This nonprofit's mission is centered around ensuring reliable and sustainable electricity to its community. By operating as a cooperative, Farmers Electric Cooperative prioritizes the needs of its members, working tirelessly to meet their power requirements and contribute to their overall well-being. The organization's activities are focused on delivering electricity in a responsible and efficient manner, demonstrating a commitment to its members and the community as a whole.
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Impact
October, 2024
Farmers Electric Cooperative plays a crucial role in delivering reliable electric services to its members and patrons in Kalona, IA. By acting as a public utilities organization, it ensures that residents and businesses have access to essential electricity, which is vital for everyday life and economic development. The cooperative is dedicated to meeting the energy needs of the community while promoting sustainable practices and community development.
Through its operations, Farmers Electric Cooperative contributes to the overall well-being of the region, fostering energy independence and supporting local economies. By focusing on public benefit, the cooperative prioritizes the needs of its members, promoting fairness and accessibility in energy services. This enhances the quality of life in Kalona and supports the community’s growth and sustainability efforts.
This information is meant to be a general summary of Farmers 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: $40,239
- Program Service Revenue: $2,428,540
- Gross Receipts: $2,490,146
Assets and Liabilities:
- Total Assets: $6,690,741
- Total Liabilities: $200,868
- Net Assets: $6,489,873
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Services
Revenue
$2,428,540
Organization Details
Founding Year
1916
Phone
(319) 683-2510Principal Officer
Tim Heisdorffer
Main Address
1959 YODER AVE SW, KALONA, IA, 52247
Website
www.feckalona.netNTEE Category
Code: W80 - Public benefit
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