Overview
What is Heartland Power Cooperative?
Heartland Power Cooperative is a nonprofit organization based in Thompson, Iowa. With a team of 25 employees, they are dedicated to providing electricity to rural communities. Through continuous investments, they have improved their distribution system by rebuilding 24.5 miles of overhead lines, installing 9.25 miles of underground lines, and adding new services for 34 members. Additionally, they have replaced 621 old poles, inspected 4,744 poles, and installed arrestors and electronic trip savers to enhance reliability and reduce outages. Their mission is to be the preferred energy and service provider for all consumers, aiming to improve the quality of life of their members and contribute to the economic and social well-being of the region at the most affordable cost.
Official website here: www.heartlandpower.com
What are the reviews and ratings of this charity?
Heartland Power Cooperative is not currently rated by Charity Navigator as it does not meet the criteria required for evaluation. This absence of a rating should not be interpreted as an indication of the organization's effectiveness or performance, either positive or negative. Charity Navigator evaluates only nonprofits with 501(c)(3) status, which Heartland Power Cooperative does not possess.
Without a 501(c)(3) designation, Heartland Power Cooperative cannot be assessed using the Accountability & Finance or Impact & Measurement methodologies of Charity Navigator. Thus, detailed financial transparency, leadership, or community impact metrics are unavailable. The historical evaluation methods also do not cover critical areas like leadership or cultural influence.
No user reviews from GreatNonprofits are available to provide further insight into public perception or individual experiences with Heartland Power Cooperative. This makes it challenging to gauge the qualitative impact or user satisfaction associated with their programs or services.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Heartland Power Cooperative?
100% of 11 reviewers on Facebook recommend Heartland Power Cooperative. Here is a summary of their reviews:
Customers express their gratitude for the exceptional service provided by the cooperative, especially highlighting the dedication of the staff during challenging circumstances. One reviewer specifically thanked the team for their prompt response during a snowstorm, illustrating the nonprofit's commitment to restoring power and supporting its members.
Overall, it’s clear that the community values the reliability and quick action of Heartland Power Cooperative, showcasing a strong appreciation for the service it provides in times of need.
This AI summary has been generated from reviews found on Facebook.
Is Heartland Power Cooperative legitimate?
Heartland Power Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Heartland Power 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: $499,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,397,137
For more financial information, click here
Official website here: www.heartlandpower.com
What is the mission statement of Heartland Power Cooperative?
Heartland Power Cooperative is dedicated to providing electricity to rural communities. Their vision extends beyond just energy provision, aiming to be the preferred choice for consumers. The cooperative focuses on enhancing the quality of life of its members and contributing to the economic and social well-being of the region, all while keeping costs low. To maintain the reliability of their distribution system, they have invested in various improvements. They've rebuilt 24.5 miles of overhead lines, installed 9.25 miles of underground lines, and connected 34 new services. Additionally, 621 new poles were placed, and 4,744 poles were inspected for decay or damage. Furthermore, they added 293 arrestors to lines to drain off lightning surges and installed 239 security lights for improved safety.
Official website here: www.heartlandpower.com
Who is the CEO of Heartland Power Cooperative?
Jon Leerar is the President of Heartland Power Cooperative. The CEO's salary of Heartland Power Cooperative is $175,675 and their total compensation is $218,715.
Official website here: www.heartlandpower.com
What is the revenue of Heartland Power Cooperative?
Heartland Power Cooperative's revenue in 2022 was $29,708,110.
Official website here: www.heartlandpower.com
Who are the executives of Heartland Power Cooperative and what are their salaries?
The average compensation at Heartland Power Cooperative during 2022 was $75,868. There are 25 employees at Heartland Power Cooperative.
Here are 11 key members and their salaries (Heartland Power Cooperative's CEO's salary is $175,675 and their total compensation is $218,715):
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $8,450
- Related: $0
- Other: $0
- Compensation: $11,025
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $6,225
- Related: $0
- Other: $0
- Compensation: $7,050
- Related: $0
- Other: $0
- Compensation: $8,100
- Related: $0
- Other: $0
- Compensation: $175,675
- Related: $0
- Other: $43,040
- Compensation: $117,461
- Related: $0
- Other: $33,894
- Compensation: $114,453
- Related: $0
- Other: $37,106
Official website here: www.heartlandpower.com
Where can I find the form 990 for Heartland Power Cooperative?
Heartland Power Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heartlandpower.com
Learn more at the official website: www.heartlandpower.com
Mission Statement of Heartland Power Cooperative
Heartland Power Cooperative, a leading electricity provider, is committed to enhancing the quality of life of its members and contributing to the economic and social well-being of the region. With a clear vision to be the preferred choice for energy and services by all consumers, Heartland Power Cooperative prioritizes providing electrical energy and other essential services at the lowest possible cost, consistent with sound economic and management decisions.
To uphold this commitment, Heartland Power Cooperative invests in various improvements for its distribution system, ensuring the condition of its infrastructure remains optimal. The cooperative rebuilt 24.5 miles of overhead lines and installed 9.25 miles of underground lines, connecting 34 new services and installing 621 new poles for new line, new services, and for ordinary replacement. Furthermore, Heartland Power Cooperative inspected 4,744 poles for decay or damage, identified 39 poles that require replacement, and added 293 arrestors to lines to prevent lightning surges and improve reliability, reducing outages. Additionally, the cooperative repaired 239 security lights to maintain safety and enhance the overall performance of its power distribution network.
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Impact
October, 2024
Heartland Power Cooperative plays a crucial role in enhancing the quality of life in rural communities by providing reliable electricity services. Through significant investments in infrastructure, the cooperative has improved its distribution system, ensuring that residents enjoy consistent and dependable power.
Recent initiatives include rebuilding 24.5 miles of overhead lines and installing 9.25 miles of underground lines, which have strengthened the network and reduced the risk of outages. The addition of 621 new poles and the inspection of 4,744 existing poles highlight a commitment to safety and maintenance, ensuring that the electrical infrastructure remains robust and functional.
Moreover, the installation of 293 arrestors to manage lightning surges and 24 electronic trip savers designed to enhance reliability demonstrates proactive measures taken to prevent disruptions. The cooperative has also attended to community needs by connecting 34 new services and repairing 239 security lights, which contribute to both safety and community well-being.
Heartland Power Cooperative's sustained efforts not only provide essential electrical energy but also promote the economic and social well-being of the region, aligning with its vision of being the provider of choice for energy and services among consumers. Through sound management and a focus on community enhancement, Heartland Power Cooperative significantly impacts the lives of its members and the surrounding area.
This information is meant to be a general summary of Heartland Power 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: $102,095
- Program Service Revenue: $29,482,956
- Gross Receipts: $29,935,470
Assets and Liabilities:
- Total Assets: $58,299,150
- Total Liabilities: $24,022,726
- Net Assets: $34,276,424
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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
$28,592,284
CAPITAL CREDITS
Revenue
$890,672
Organization Details
Founding Year
1997
Phone
(641) 584-2251Principal Officer
Jon Leerar
Main Address
216 JACKSON ST, THOMPSON, IA, 504780065
Website
www.heartlandpower.comNTEE Category
Code: W80 - Public benefit
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