Farmers Electric Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420245083 ✦ Kalona, IA ✦ Designated as a 501(c)(12)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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

For more financial information, click here


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:


Tim Heisdorffer (Manager)
  • Compensation: $101,601
  • Related: $0
  • Other: $3,497
Doug Slabaugh (Director)
  • Compensation: $3,470
  • Related: $0
  • Other: $0
Steve Haman (Secretary)
  • Compensation: $3,280
  • Related: $0
  • Other: $0
Dean Miller (Vice President)
  • Compensation: $3,215
  • Related: $0
  • Other: $0
Keith Troyer (President)
  • Compensation: $3,200
  • Related: $0
  • Other: $0
John Mast (Director)
  • 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$2,490,146 (2022)
Expenses
$2,546,724 (2022)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

Tim Heisdorffer

Main Address

1959 YODER AVE SW, KALONA, IA, 52247

NTEE Category

Code: W80 - Public benefit

If you are a representative of Farmers 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.