Guthrie County Rural Electric Coop Assn

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

EIN: 420288775 ✦ Guthrie center, IA ✦ Designated as a 501(c)(12)

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Overview

What is Guthrie County Rural Electric Coop Assn?

Guthrie County Rural Electric Coop Assn is a nonprofit organization based in Guthrie Center, Iowa. With approximately 3,918 members served, they provide electric solutions to individuals residing in rural areas. As of December 2022, their infrastructure consisted of 1,131.32 miles of overhead and 279.09 miles of underground lines. The mission of this cooperative is to deliver top-notch power solutions to their members and communities. With a team of 17 dedicated employees, they continue striving for excellence in electric services.


Official website here: www.guthrie-rec.coop

Is Guthrie County Rural Electric Coop Assn legitimate?

Guthrie County Rural Electric Coop Assn is a legitimate nonprofit organization registered as a 501(c)(12) entity. Guthrie County Rural Electric Coop Assn 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: $247,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,045,855

For more financial information, click here


Official website here: www.guthrie-rec.coop

What is the mission statement of Guthrie County Rural Electric Coop Assn?

The Guthrie County Rural Electric Coop Assn is dedicated to delivering superior electric solutions to its cooperative members and communities. They strive to provide the best possible power services to their members, maintaining a vast network of overhead and underground power lines, totaling approximately 1,410 miles. Their mission goes beyond just selling electricity; they aim to exceed their members' expectations and contribute positively to the communities they serve.


Official website here: www.guthrie-rec.coop

Who is the CEO of Guthrie County Rural Electric Coop Assn?

Cozy Nelsen is the President of Guthrie County Rural Electric Coop Assn. The CEO's salary of Guthrie County Rural Electric Coop Assn is $152,350 and their total compensation is $158,146.


Official website here: www.guthrie-rec.coop

What is the revenue of Guthrie County Rural Electric Coop Assn?

Guthrie County Rural Electric Coop Assn's revenue in 2022 was $16,347,009.


Official website here: www.guthrie-rec.coop

Who are the executives of Guthrie County Rural Electric Coop Assn and what are their salaries?

The average compensation at Guthrie County Rural Electric Coop Assn during 2022 was $76,084. There are 17 employees at Guthrie County Rural Electric Coop Assn.


Here are 10 key members and their salaries (Guthrie County Rural Electric Coop Assn's CEO's salary is $152,350 and their total compensation is $158,146):


Steve Bireline (President)
  • Compensation: $6,750
  • Related: $0
  • Other: $0
Don Schwartz (Director)
  • Compensation: $6,775
  • Related: $0
  • Other: $0
Julie Kiley (Secretary-Treasurer)
  • Compensation: $7,775
  • Related: $0
  • Other: $0
Joni Rees (Vice President)
  • Compensation: $4,600
  • Related: $0
  • Other: $0
Bob Batschelet (Director)
  • Compensation: $5,950
  • Related: $0
  • Other: $0
Ron Bristle (Asst Secretary/Treasurer)
  • Compensation: $7,075
  • Related: $0
  • Other: $0
Andy Van Aernam (Director)
  • Compensation: $2,375
  • Related: $0
  • Other: $0
Jason Fett (Director)
  • Compensation: $7,950
  • Related: $0
  • Other: $0
James Mazour (Director)
  • Compensation: $6,663
  • Related: $0
  • Other: $0
Cozy Nelsen (Ceo)
  • Compensation: $152,350
  • Related: $0
  • Other: $5,796


Official website here: www.guthrie-rec.coop

Where can I find the form 990 for Guthrie County Rural Electric Coop Assn?

Guthrie County Rural Electric Coop Assn's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.guthrie-rec.coop

Learn more at the official website: www.guthrie-rec.coop

Mission Statement of Guthrie County Rural Electric Coop Assn

Guthrie County Rural Electric Coop Assn, a cooperative dedicated to delivering superior power solutions, strives to meet the electric needs of its approximately 3,918 members in rural locations. The organization is committed to providing the best possible electric service, maintaining an impressive infrastructure of 1,131.32 miles of overhead and 279.09 miles of underground lines as of December 2022.

At the heart of Guthrie County Rural Electric Coop Assn's mission lies its unwavering dedication to its cooperative members and communities. By focusing on delivering top-notch power solutions, the cooperative ensures that its members in rural areas have consistent and reliable access to electricity. This commitment extends beyond the provision of electricity, as the cooperative takes pride in contributing to the overall well-being of the communities it serves.

With a strong emphasis on quality and service, Guthrie County Rural Electric Coop Assn continually invests in maintaining and expanding its infrastructure. This dedication to improvement ensures that the cooperative can meet the evolving power needs of its members and adapt to the ever-changing technological landscape. By staying at the forefront of power solution innovations, Guthrie County Rural Electric Coop Assn remains a trusted partner to its members, providing them with the dependable electric service they require to thrive in their rural communities.

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Impact




October, 2024

Guthrie County Rural Electric Coop Assn significantly impacts its community by providing reliable electricity to approximately 3,918 members in rural locations. Serving as a vital energy provider, the cooperative maintains an extensive infrastructure, including 1,131.32 miles of overhead lines and 279.09 miles of underground lines. This infrastructure ensures that residents and businesses in the area have access to essential power services.

The cooperative is dedicated to delivering superior power solutions that align with the needs of its members and the broader community. By striving for excellence in service and reliability, Guthrie County Rural Electric Coop Assn fosters economic growth and enhances the quality of life for its members in Guthrie Center, IA, and surrounding areas. The organization's commitment to public benefit and community well-being is evident in its mission to prioritize the energy needs of its members.




This information is meant to be a general summary of Guthrie County Rural Electric Coop Assn. 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
$16,347,009 (2022)
Expenses
$16,161,984 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $149,625
  • Program Service Revenue: $16,087,288
  • Gross Receipts: $16,553,774

Assets and Liabilities:

  • Total Assets: $32,676,543
  • Total Liabilities: $17,180,188
  • Net Assets: $15,496,355

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE OF POWER

Revenue

$15,810,607

CAPITAL CREDITS

Revenue

$268,031

OTHER NON-OPERATING

Revenue

$8,650

Organization Details

Founding Year

1937

Principal Officer

Cozy Nelsen

Main Address

PO BOX 7, GUTHRIE CENTER, IA, 50115

NTEE Category

Code: W80 - Public benefit

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