Overview
What is Consumers Energy?
Consumers Energy is a cooperative based in Marshalltown, Iowa, with a US address at 2074 242nd St. The organization, which employs 29 people, is dedicated to delivering reliable electric energy service to a community of 6,241 members. Consumers Energy prioritizes member safety and affords them electricity at reasonable and equitable rates, as stated in their mission.
Official website here: www.consumersenergy.coop
What are the reviews and ratings of this charity?
Consumers Energy is not currently rated by Charity Navigator, as ratings require certain beacon scores like Accountability & Finance or Impact & Measurement. The absence of a rating is not inherently positive or negative; it merely indicates a lack of specific data necessary for a comprehensive assessment. Historical ratings primarily focused on Accountability and Finance, but recent evaluations consider additional elements like Leadership & Adaptability and Culture & Community.
The organization is not a 501(c)(3) tax-exempt nonprofit, which affects its evaluation and eligibility for certain ratings by Charity Navigator. Although data from the IRS Business Master File is available, key financial details, including total revenue and expenses, are not provided, limiting insight into its financial health and operations. Consumers Energy operates independently, as indicated by its BMF affiliation code.
No user reviews for Consumers Energy are available on GreatNonprofits, so public sentiment and personal experiences about the organization are not documented in this source. Without user feedback, it is challenging to gain a full picture of its impact and reputation within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Consumers Energy legitimate?
Consumers Energy is a legitimate nonprofit organization registered as a 501(c)(12) entity. Consumers Energy 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: $484,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,886,129
For more financial information, click here
Official website here: www.consumersenergy.coop
What is the mission statement of Consumers Energy?
Consumers Energy is committed to delivering reliable electric energy service to its members in a safe and efficient manner. The cooperative's mission is to provide affordable and equitable rates for its members. In total, Consumers Energy served 6,241 members with electricity. The cooperative prioritizes the safety of its operations and ensuring that its members receive consistent power supply. By offering electricity at affordable and equitable rates, Consumers Energy aims to contribute positively to its members' lives. The cooperative's operations are geared towards providing essential energy services, enhancing the communities it serves and fostering sustainable growth.
Official website here: www.consumersenergy.coop
Who is the CEO of Consumers Energy?
Bridget Itzen is the President of Consumers Energy. The CEO's salary of Consumers Energy is $184,627 and their total compensation is $239,515.
Official website here: www.consumersenergy.coop
What is the revenue of Consumers Energy?
Consumers Energy's revenue in 2022 was $23,381,240.
Official website here: www.consumersenergy.coop
Who are the executives of Consumers Energy and what are their salaries?
The average compensation at Consumers Energy during 2022 was $81,746. There are 29 employees at Consumers Energy.
Here are 16 key members and their salaries (Consumers Energy's CEO's salary is $184,627 and their total compensation is $239,515):
- Compensation: $6,908
- Related: $0
- Other: $0
- Compensation: $3,800
- Related: $0
- Other: $0
- Compensation: $6,777
- Related: $0
- Other: $0
- Compensation: $3,435
- Related: $0
- Other: $0
- Compensation: $2,690
- Related: $0
- Other: $0
- Compensation: $5,068
- Related: $0
- Other: $0
- Compensation: $4,775
- Related: $0
- Other: $0
- Compensation: $3,620
- Related: $0
- Other: $0
- Compensation: $2,610
- Related: $0
- Other: $0
- Compensation: $184,627
- Related: $0
- Other: $54,888
- Compensation: $143,464
- Related: $0
- Other: $96,138
- Compensation: $110,897
- Related: $0
- Other: $63,113
- Compensation: $112,306
- Related: $0
- Other: $48,433
- Compensation: $106,741
- Related: $0
- Other: $46,797
- Compensation: $103,646
- Related: $0
- Other: $33,140
- Compensation: $103,633
- Related: $0
- Other: $54,048
Official website here: www.consumersenergy.coop
Where can I find the form 990 for Consumers Energy?
Consumers Energy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.consumersenergy.coop
Learn more at the official website: www.consumersenergy.coop
Mission Statement of Consumers Energy
Consumers Energy, a cooperative dedicated to delivering reliable electric energy service, works tirelessly to ensure its members receive power in a safe and equitable manner at affordable rates. Committed to safety, the cooperative strives to maintain a consistent power supply for its 6,241 members, making sure their daily lives are not disrupted by power outages. Consumers Energy prides itself on providing essential energy services at rates that are not only affordable but also equitable, ensuring access to power for all members regardless of their financial backgrounds. By focusing on safety and affordability, Consumers Energy fosters a strong sense of trust and reliability among its members.
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Impact
October, 2024
Consumers Energy plays a vital role in the community by ensuring that members receive reliable electric service. By focusing on safe practices, the organization provides essential energy solutions to over 6,200 members in Marshalltown, Iowa. Their commitment to affordability and equity in electricity rates highlights their dedication to serving the community’s needs. This impact fosters stability and growth, allowing residents and businesses to thrive with dependable energy resources.
This information is meant to be a general summary of Consumers Energy. 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: $45,961
- Program Service Revenue: $23,419,377
- Gross Receipts: $23,710,033
Assets and Liabilities:
- Total Assets: $60,262,626
- Total Liabilities: $31,793,494
- Net Assets: $28,469,132
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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
$22,892,148
COOP CAPITAL CREDITS
Revenue
$435,977
OTHER NON-OPERATING
Revenue
$91,252
Organization Details
Founding Year
1938
Phone
(641) 752-1593Principal Officer
Bridget Itzen
Main Address
2074 242ND ST, MARSHALLTOWN, IA, 50158
Website
www.consumersenergy.coopNTEE Category
Code: W80 - Public benefit
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