Overview
What is Grand Electric Cooperative Inc?
Grand Electric Cooperative Inc, based in Bison, South Dakota, is a nonprofit organization that provides electric service to approximately 1,860 members. They have installed 4.06 miles of new electrical service lines to ensure reliable energy access in rural areas. Committed to both sound financial management and the safety of their members and employees, Grand Electric Cooperative prioritizes provision of electricity as their core mission. With a workforce of 56 individuals, they serve their community with dedication.
Official website here: www.grandelectric.coop
Is Grand Electric Cooperative Inc legitimate?
Grand Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Grand 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $330,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,824,890
For more financial information, click here
What is the mission statement of Grand Electric Cooperative Inc?
Grand Electric Cooperative Inc prioritizes delivering reliable electricity to its members, making it their utmost commitment. They ensure sound financial management, recognizing the importance of financial stability for their members and employees. Grand Electric Cooperative's mission extends beyond just electricity provision, emphasizing safety as another crucial priority. They serve approximately 1,860 members and have installed around 4.06 miles of new electrical service lines to meet their energy needs.
Official website here: www.grandelectric.coop
Who is the CEO of Grand Electric Cooperative Inc?
Eric Kahler is the President of Grand Electric Cooperative Inc.
Official website here: www.grandelectric.coop
What is the revenue of Grand Electric Cooperative Inc?
Grand Electric Cooperative Inc's revenue in 2022 was $13,303,696.
Official website here: www.grandelectric.coop
Who are the executives of Grand Electric Cooperative Inc and what are their salaries?
The average compensation at Grand Electric Cooperative Inc during 2022 was $74,202. There are 56 employees at Grand Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Luke Clements (Journeyman Lineman)
- Lyle Reifff (Manager Of Telecom Operations)
- Colgan Huber (Interim Gm / Asst Gm (Beg 07/2022))
- Riley Dalzell (Journeyman Lineman)
- Tanner Johnson (Journeyman Lineman)
- Jerry Swartz (Journeyman Lineman)
- Eric Kahler (Mgr Telecom Ops / Gm (Beg 07/2022))
- Ross Kopren (Vice President) [Trustee/Director]
- James Erk (Director)
- Robert Johnson (Director)
- John J Long (President) [Trustee/Director]
- Sharon Longwood (Secretary) [Trustee/Director]
- Maxine Rasmussen (Treasurer) [Trustee/Director]
- Eric Arneson (Director)
- Lori Besler (Director)
- Reid Palmer (Director)
Official website here: www.grandelectric.coop
Where can I find the form 990 for Grand Electric Cooperative Inc?
The Grand Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.grandelectric.coop
Learn more at the official website: www.grandelectric.coop
Mission Statement of Grand Electric Cooperative Inc
Grand Electric Cooperative Inc, a dedicated organization, prioritizes the provision of electricity to its members in rural areas as its primary mission. With a commitment to sound financial management, Grand Electric ensures the reliable delivery of electricity, making it an essential partner for its community. The cooperative places the welfare of its members and employees at the heart of its operations, striving for their safety alongside the consistent power supply.
In practice, Grand Electric has successfully served approximately 1,860 members and added 4.06 miles of new electrical service line to its network. By focusing on the essential needs of its community, the cooperative has become an indispensable resource, not just for the provision of electricity but also for the overall wellbeing of its members. The organization's unwavering dedication to its mission ensures that every household and business under its purview benefits from a dependable energy source. Grand Electric Cooperative Inc continues to uphold its commitment to its members, fostering a strong bond and trust that is the foundation of its success.
Impact
This information is meant to be a general summary of Grand Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Grand Electric Cooperative Inc is making a significant impact by providing electricity to people in rural areas. They have provided electric service to approximately 1,860 members and installed 4.06 miles of new electrical service line in their community in Bison, SD. Their commitment to sound financial management, reliable energy, and safety as their highest priority is evident in the way they serve their members and employees. Their dedication to providing essential services to rural areas contributes to improving the quality of life for residents in these communities.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$12,022,687
COOP CAPITAL CREDITS
Revenue
$615,482
OTHER OPERATING
Revenue
$444,962
Organization Details
Founding Year
1950
Phone
(605) 244-5211
Principal Officer
Eric Kahler
Main Address
PO BOX 39, BISON, SD, 57620
Website
www.grandelectric.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Grand 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.