Overview
What is Moreau Grand Electric Cooperative?
Moreau Grand Electric Cooperative is a nonprofit organization situated within a three-county service area. Its primary mission is to supply affordable electrical power to cater to the present and future requirements of its members. In 2022, the cooperative served a total of 8,110 meters. The cooperative operates on a cooperative model, providing electric energy to its members as its central activity.
Official website here: www.mge.coop
What do the Facebook reviews say about Moreau Grand Electric Cooperative?
98% of 35 reviewers on Facebook recommend Moreau Grand Electric Cooperative. Here is a summary of their reviews:
Many users express gratitude for the promptness and reliability of the cooperative in responding to power outages. The appreciation for the staff's efforts shines through, acknowledging the challenges they face in maintaining electricity services. Reviewers clearly recognize the cooperative's commitment to ensuring that the community has access to power even during difficult situations.
Overall, there is a strong sense of satisfaction regarding the services provided by Moreau Grand Electric Cooperative. Customers commend their efficiency and dedication, emphasizing that they feel supported through both routine operations and unexpected outages.
This AI summary has been generated from reviews found on Facebook.
Is Moreau Grand Electric Cooperative legitimate?
Moreau Grand Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Moreau Grand 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: $244,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,135,081
For more financial information, click here
Official website here: www.mge.coop
What is the mission statement of Moreau Grand Electric Cooperative?
The Moreau Grand Electric Cooperative's mission is centered around providing electric energy to its members. As a cooperative, its primary objective is to offer affordable electrical power that caters to the present and future energy needs of its membership, which numbered 8,110 meters in 2022. The cooperative operates within a three-county service area, striving to maintain a reliable and sustainable energy supply for its members.
Official website here: www.mge.coop
Who is the CEO of Moreau Grand Electric Cooperative?
Melissa Maher is the Manager of Moreau Grand Electric Cooperative.
Official website here: www.mge.coop
What is the revenue of Moreau Grand Electric Cooperative?
Moreau Grand Electric Cooperative's revenue in 2022 was $7,628,691.
Official website here: www.mge.coop
Who are the executives of Moreau Grand Electric Cooperative and what are their salaries?
The average compensation at Moreau Grand Electric Cooperative during 2022 was $51,094. There are 27 employees at Moreau Grand Electric Cooperative.
Here are 12 key members and their salaries:
- Compensation: $144,668
- Related: $0
- Other: $50,548
- Compensation: $114,694
- Related: $0
- Other: $50,024
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $5,750
- Related: $0
- Other: $0
- Compensation: $5,750
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
- Compensation: $5,250
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $4,250
- Related: $0
- Other: $0
- Compensation: $3,750
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
Official website here: www.mge.coop
Where can I find the form 990 for Moreau Grand Electric Cooperative?
Moreau Grand Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mge.coop
Learn more at the official website: www.mge.coop
Mission Statement of Moreau Grand Electric Cooperative
Moreau Grand Electric Cooperative is dedicated to providing affordable electrical power to its members, serving a three-county area. Their mission, in essence, revolves around addressing the present and future energy needs of their members, ensuring a reliable supply of electricity. In 2022, the cooperative served 8,110 meters, demonstrating its commitment to fulfilling this mission.
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Impact
October, 2024
Moreau Grand Electric Cooperative plays a critical role in providing low-cost electrical power to its members across a three-county service area in South Dakota. By serving 8,110 meters in 2022, the cooperative ensures that its members have access to reliable energy to meet their present and future needs. This commitment to delivering affordable electricity not only enhances the quality of life for residents in the region but also supports local economic development, promotes energy independence, and fosters community resilience. Through its services, Moreau Grand Electric Cooperative significantly contributes to public benefit and welfare in the communities it serves.
This information is meant to be a general summary of Moreau Grand 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: $85,077
- Program Service Revenue: $1,495,783
- Gross Receipts: $14,286,929
Assets and Liabilities:
- Total Assets: $53,954,760
- Total Liabilities: $35,197,173
- Net Assets: $18,757,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAPITAL CREDITS - G&T
Revenue
$810,473
TRANSMISSION SYSTEM RENTAL
Revenue
$235,431
JOB ORDER REVENUES
Revenue
$180,297
CAPTITAL CREDITS-OTHER COOPS
Revenue
$100,652
WHEELING IN ELECT SUBSTATION
Revenue
$86,304
Organization Details
Founding Year
1946
Phone
(605) 865-3511Principal Officer
Melissa Maher
Main Address
PO BOX 8, TIMBER LAKE, SD, 576560008
Website
www.mge.coopNTEE Category
Code: W80 - Public benefit
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