Overview
What is Nishnabotna Valley Rural Electric Cooperative?
Nishnabotna Valley Rural Electric Cooperative is a nonprofit organization based in Harlan, Iowa. They provide safe and reliable electric services to approximately 2,556 members, delivering around 175,384,585 KWH of electricity while ensuring overall system efficiency. The cooperative's mission is to offer sustainable and environmentally responsible electric services to its members. Their team, consisting of 24 employees, is dedicated to maintaining a valuable and dependable electricity supply.
Official website here: www.nvrec.com
Is Nishnabotna Valley Rural Electric Cooperative legitimate?
Nishnabotna Valley Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nishnabotna Valley Rural 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: $166,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $829,431
For more financial information, click here
Official website here: www.nvrec.com
What is the mission statement of Nishnabotna Valley Rural Electric Cooperative?
Nishnabotna Valley Rural Electric Cooperative is dedicated to delivering safe and reliable electric services to its members. The cooperative strives to provide these essential services in a valuable, sustainable, and environmentally responsible manner. In the previous year, the cooperative supplied approximately 175 million kilowatt-hours of electricity to around 2,500 members. This was accomplished while maintaining the overall system reliability.
Official website here: www.nvrec.com
Who is the CEO of Nishnabotna Valley Rural Electric Cooperative?
William Mckim is the President of Nishnabotna Valley Rural Electric Cooperative. The CEO's salary of Nishnabotna Valley Rural Electric Cooperative is $0 and their total compensation is $0.
Official website here: www.nvrec.com
What is the revenue of Nishnabotna Valley Rural Electric Cooperative?
Nishnabotna Valley Rural Electric Cooperative's revenue in 2022 was $18,916,306.
Official website here: www.nvrec.com
Who are the executives of Nishnabotna Valley Rural Electric Cooperative and what are their salaries?
The average compensation at Nishnabotna Valley Rural Electric Cooperative during 2022 was $41,508. There are 24 employees at Nishnabotna Valley Rural Electric Cooperative.
Here are 14 key members and their salaries (Nishnabotna Valley Rural Electric Cooperative's CEO's salary is $0 and their total compensation is $0):
- Compensation: $7,700
- Related: $0
- Other: $0
- Compensation: $7,475
- Related: $0
- Other: $0
- Compensation: $3,875
- Related: $0
- Other: $0
- Compensation: $7,025
- Related: $0
- Other: $0
- Compensation: $4,325
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $4,775
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $77,648
- Related: $0
- Other: $51,289
- Compensation: $102,962
- Related: $0
- Other: $47,089
- Compensation: $108,578
- Related: $0
- Other: $60,673
- Compensation: $102,421
- Related: $0
- Other: $53,601
- Compensation: $119,745
- Related: $0
- Other: $38,902
- Compensation: $104,452
- Related: $0
- Other: $43,912
Official website here: www.nvrec.com
Where can I find the form 990 for Nishnabotna Valley Rural Electric Cooperative?
Nishnabotna Valley Rural Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nvrec.com
Learn more at the official website: www.nvrec.com
Mission Statement of Nishnabotna Valley Rural Electric Cooperative
Nishnabotna Valley Rural Electric Cooperative, a dedicated organization, strives to deliver safe and dependable electric services to its approximately 2,556 members. In their mission, they commit to providing these services in a valuable, sustainable, and environmentally responsible manner.
The cooperative's primary focus centers around ensuring the well-being of its members by meeting their electric needs effectively. With a strong emphasis on system reliability, Nishnabotna Valley Rural Electric Cooperative has managed to provide a total of 175,384,585 kWh of electricity to its members. Through rigorous efforts and commitment, they have maintained a reliable electricity supply for their community as a whole. This unwavering dedication to their mission has enabled the cooperative to make a positive impact on the daily lives of its members.
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Impact
October, 2024
Nishnabotna Valley Rural Electric Cooperative plays a crucial role in delivering safe and reliable electric services to its members in Harlan, Iowa. In the last year alone, it provided an impressive 175,384,585 kilowatt-hours of electricity to approximately 2,556 members. This significant output not only meets the energy needs of the community but also underscores the cooperative's commitment to maintaining overall system reliability.
The cooperative's mission emphasizes a dedication to providing these services in a valuable, sustainable, and environmentally responsible manner, ensuring that members benefit from consistent energy supply while promoting eco-friendly practices. Through its efforts, Nishnabotna Valley REC enhances the quality of life for its members and contributes to the overall stability and growth of the region's energy landscape.
This information is meant to be a general summary of Nishnabotna Valley Rural 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: $44,303
- Program Service Revenue: $18,908,234
- Gross Receipts: $19,100,300
Assets and Liabilities:
- Total Assets: $49,225,377
- Total Liabilities: $23,569,924
- Net Assets: $25,655,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC OPERATING REVENUES
Revenue
$18,144,308
CAPITAL CREDITS
Revenue
$738,342
SUBSIDIARY INCOME
Revenue
-$5,431
Organization Details
Founding Year
1936
Phone
(712) 755-2166Principal Officer
William Mckim
Main Address
1317 CHATBURN AVE PO BOX 714, HARLAN, IA, 515370714
Website
www.nvrec.comNTEE Category
Code: W80 - Public benefit
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