Overview
What is Mclean Electric Cooperative Inc?
Mclean Electric Cooperative Inc, based in Garrison, North Dakota (zip code 58540), is a rural electric cooperative supplying power to its members. The cooperative, with a team of 22 employees, aims to make energy accessible to its members at the most affordable cost, maintaining economic sustainability and effective management. Their mission encompasses generating, manufacturing, purchasing, acquiring, accumulating, transmitting, distributing, selling, and disposing of electric energy for the cooperative members.
Official website here: www.mcleanelectric.com
What are the reviews and ratings of this charity?
Mclean Electric Cooperative Inc is not currently rated by Charity Navigator. This organization cannot be evaluated through the typical methodology as it is not registered as a 501(c)(3) nonprofit with the IRS. Consequently, many of the usual evaluation metrics, such as Accountability & Finance, Impact & Measurement, and Leadership & Adaptability, are not applicable.
The absence of a rating does not convey a positive or negative assessment. Historically, ratings would have been based on accountability and financial health metrics but are not available for this cooperative due to its foundation status and type of IRS registration. As an independent organization, it remains unevaluated by traditional nonprofit rating methods.
There are no user reviews available for Mclean Electric Cooperative Inc on GreatNonprofits. Without feedback, it is challenging to provide community insights or highlight specific strengths or weaknesses identified by service users or beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Mclean Electric Cooperative Inc legitimate?
Mclean Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mclean Electric Cooperative Inc 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: $898,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mcleanelectric.com
What is the mission statement of Mclean Electric Cooperative Inc?
The Mclean Electric Cooperative Inc is dedicated to providing energy to its members at the most affordable price, achieving this through sound economic practices and good management. The cooperative focuses on generating, manufacturing, purchasing, acquiring, and accumulating electric energy. Subsequently, it transmits, distributes, sells, and disposes of the energy to its cooperative members. The cooperative serves as a rural electric power supplier.
Official website here: www.mcleanelectric.com
Who is the CEO of Mclean Electric Cooperative Inc?
Mark Doyle is the President of Mclean Electric Cooperative Inc. The CEO's salary of Mclean Electric Cooperative Inc is $212,658 and their total compensation is $278,999.
Official website here: www.mcleanelectric.com
What is the revenue of Mclean Electric Cooperative Inc?
Mclean Electric Cooperative Inc's revenue in 2022 was $16,700,142.
Official website here: www.mcleanelectric.com
Who are the executives of Mclean Electric Cooperative Inc and what are their salaries?
The average compensation at Mclean Electric Cooperative Inc during 2022 was $40,841. There are 22 employees at Mclean Electric Cooperative Inc.
Here are 16 key members and their salaries (Mclean Electric Cooperative Inc's CEO's salary is $212,658 and their total compensation is $278,999):
- Compensation: $10,850
- Related: $0
- Other: $0
- Compensation: $6,350
- Related: $0
- Other: $0
- Compensation: $9,950
- Related: $0
- Other: $0
- Compensation: $9,350
- Related: $0
- Other: $0
- Compensation: $9,050
- Related: $0
- Other: $0
- Compensation: $6,650
- Related: $0
- Other: $0
- Compensation: $4,850
- Related: $0
- Other: $0
- Compensation: $102,393
- Related: $0
- Other: $56,966
- Compensation: $212,658
- Related: $0
- Other: $66,341
- Compensation: $161,826
- Related: $0
- Other: $38,245
- Compensation: $163,916
- Related: $0
- Other: $39,107
- Compensation: $127,790
- Related: $0
- Other: $88,187
- Compensation: $118,365
- Related: $0
- Other: $51,134
- Compensation: $125,758
- Related: $0
- Other: $96,657
- Compensation: $116,659
- Related: $0
- Other: $57,478
- Compensation: $118,397
- Related: $0
- Other: $70,076
Official website here: www.mcleanelectric.com
Where can I find the form 990 for Mclean Electric Cooperative Inc?
Mclean Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcleanelectric.com
Learn more at the official website: www.mcleanelectric.com
Mission Statement of Mclean Electric Cooperative Inc
Mclean Electric Cooperative Inc, a rural electric power cooperative, is committed to making energy accessible to its members at the most affordable cost. This mission is achieved through the generation, manufacturing, purchase, acquisition, and accumulation of electric energy. The cooperative then transmits, distributes, sells, and disposes of this energy to its members. Mclean Electric Cooperative Inc's primary goal is to ensure that energy is available to its rural community members at a cost that is consistent with sound economics and good management.
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Impact
October, 2024
McLean Electric Cooperative Inc. plays a vital role in providing reliable and affordable energy to rural communities in Garrison, North Dakota, and surrounding areas. By focusing on making energy accessible at the lowest possible cost while maintaining sound economic practices and effective management, the cooperative ensures that its members receive essential electricity services that support their daily lives and local economies.
The cooperative's mission encompasses the generation, manufacture, purchase, and distribution of electric energy, emphasizing its commitment to meeting the energy needs of rural members. This dedication to service not only fosters community development but also enhances the quality of life for residents by ensuring that they have access to the electricity necessary for homes, businesses, and essential services.
By prioritizing community-focused energy solutions, McLean Electric Cooperative Inc. empowers its member-owners and contributes to the overall public benefit, promoting sustainable growth in the region while addressing the unique challenges faced by rural areas.
This information is meant to be a general summary of Mclean Electric Cooperative Inc. 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: $62,693
- Program Service Revenue: $15,533,354
- Gross Receipts: $16,851,319
Assets and Liabilities:
- Total Assets: $54,174,137
- Total Liabilities: $34,834,471
- Net Assets: $19,339,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$15,533,354
Organization Details
Founding Year
1945
Phone
(701) 463-2291Principal Officer
Mark Doyle
Main Address
4031 HWY 37 BYPASS NW, GARRISON, ND, 58540
Website
www.mcleanelectric.comNTEE Category
Code: W80 - Public benefit
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