Overview
What is Mckenzie Electric Cooperative Inc?
Mckenzie Electric Cooperative Inc is a nonprofit organization headquartered at 3817 23rd Ave NE, Watford City, North Dakota, with a ZIP code of 58854. The cooperative's primary mission is to provide electric energy to its members. Established for tax-exempt purposes, its objective is to ensure a reliable and affordable energy source for all consumers within its boundaries. The cooperative strives to make electricity available to its member base and works diligently to maintain a steady power supply at the most reasonable cost. With a team of 69 dedicated employees, Mckenzie Electric Cooperative Inc is committed to delivering electricity to its community.
Official website here: www.mckenzieelectric.com
Is Mckenzie Electric Cooperative Inc legitimate?
Mckenzie Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mckenzie 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: $590,982
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,668,843
For more financial information, click here
Official website here: www.mckenzieelectric.com
What is the mission statement of Mckenzie Electric Cooperative Inc?
Mckenzie Electric Cooperative Inc is committed to making electric energy available to all consumers within its reach. The organization's primary mission is to ensure a dependable source of central station power and strive to make that energy as reliable as possible, all while keeping costs low. The cooperative works diligently to deliver electric energy to its members, prioritizing access and affordability. Its goal is to provide a consistent and economical power supply for the benefit of its consumer base.
Official website here: www.mckenzieelectric.com
Who is the CEO of Mckenzie Electric Cooperative Inc?
Matt Hanson is the Chair of Mckenzie Electric Cooperative Inc. The CEO's salary of Mckenzie Electric Cooperative Inc is $222,722 and their total compensation is $261,798.
Official website here: www.mckenzieelectric.com
What is the revenue of Mckenzie Electric Cooperative Inc?
Mckenzie Electric Cooperative Inc's revenue in 2022 was $401,082,882.
Official website here: www.mckenzieelectric.com
Who are the executives of Mckenzie Electric Cooperative Inc and what are their salaries?
The average compensation at Mckenzie Electric Cooperative Inc during 2022 was $90,722. There are 69 employees at Mckenzie Electric Cooperative Inc.
Here are 16 key members and their salaries (Mckenzie Electric Cooperative Inc's CEO's salary is $222,722 and their total compensation is $261,798):
- Compensation: $22,352
- Related: $0
- Other: $0
- Compensation: $23,438
- Related: $0
- Other: $0
- Compensation: $18,352
- Related: $0
- Other: $0
- Compensation: $24,638
- Related: $0
- Other: $0
- Compensation: $21,288
- Related: $0
- Other: $0
- Compensation: $22,038
- Related: $0
- Other: $0
- Compensation: $24,767
- Related: $0
- Other: $0
- Compensation: $26,884
- Related: $0
- Other: $0
- Compensation: $28,013
- Related: $0
- Other: $0
- Compensation: $222,722
- Related: $0
- Other: $39,076
- Compensation: $156,490
- Related: $0
- Other: $57,655
- Compensation: $156,561
- Related: $0
- Other: $44,986
- Compensation: $136,317
- Related: $0
- Other: $37,010
- Compensation: $139,163
- Related: $0
- Other: $12,484
- Compensation: $136,569
- Related: $0
- Other: $33,464
- Compensation: $151,246
- Related: $0
- Other: $6,243
Official website here: www.mckenzieelectric.com
Where can I find the form 990 for Mckenzie Electric Cooperative Inc?
Mckenzie Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mckenzieelectric.com
Learn more at the official website: www.mckenzieelectric.com
Mission Statement of Mckenzie Electric Cooperative Inc
Mckenzie Electric Cooperative Inc, a tax-exempt organization, strives to bring electric energy to all consumers within its boundaries. The cooperative's mission is twofold: making electric energy accessible and ensuring a reliable and affordable source of central station power. By delivering electricity to its members, Mckenzie Electric Cooperative Inc works tirelessly to meet the energy needs of the community it serves.
The cooperative is dedicated to ensuring an adequate power supply and continually works to improve the reliability of the energy it provides. This commitment to reliability and affordability drives the cooperative to explore various means of energy production and delivery, all while keeping costs as low as possible for its members. Mckenzie Electric Cooperative Inc's unwavering focus on energy accessibility and reliability sets it apart as a vital resource for the community it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Mckenzie Electric Cooperative Inc significantly impacts its members by delivering reliable electric energy to the Watford City area and surrounding regions in North Dakota. By ensuring access to adequate and dependable electricity, the cooperative plays a crucial role in supporting local homes, businesses, and community infrastructure.
The organization's mission focuses on providing electric power at the lowest possible cost, prioritizing the needs of its consumers. Through this commitment, Mckenzie Electric Cooperative not only enhances the quality of life but also stimulates economic growth within its boundaries. The cooperative's efforts contribute to the overall community well-being, promoting sustainable energy practices and fostering an environment where residents can thrive.
This information is meant to be a general summary of Mckenzie 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: $1,587,878
- Program Service Revenue: $359,849,028
- Gross Receipts: $401,082,882
Assets and Liabilities:
- Total Assets: $520,136,868
- Total Liabilities: $141,846,198
- Net Assets: $378,290,670
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$359,849,028
Organization Details
Founding Year
1945
Phone
(701) 444-9288Principal Officer
Matt Hanson
Main Address
3817 23RD AVE NE, WATFORD CITY, ND, 58854
Website
www.mckenzieelectric.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Mckenzie Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.