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
What are the reviews and ratings of this charity?
Grand Electric Cooperative Inc does not currently have a rating from Charity Navigator. This lack of a rating is not indicative of the organization's performance; rather, it reflects the cooperative’s status as a non-501(c)(3) entity, which does not qualify for certain evaluations typically used by Charity Navigator.
While historical ratings on Charity Navigator have focused on Accountability and Finance, these do not apply to Grand Electric Cooperative Inc due to its foundation status and financial structure. Without this accreditation, elements like Leadership & Adaptability and Impact & Measurement cannot be assessed, leaving a gap in traditional nonprofit evaluation metrics.
No user reviews from GreatNonprofits are available for Grand Electric Cooperative Inc, providing no additional public feedback or sentiment to consider alongside the available organizational data. Overall, the absence of data from traditional nonprofit evaluation platforms highlights a limitation in assessing this cooperative's impact through conventional nonprofit lenses.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Grand Electric Cooperative Inc?
92% of 26 reviewers on Facebook recommend Grand Electric Cooperative Inc. Here is a summary of their reviews: The sentiment towards the cooperative is overwhelmingly positive, with many users praising the organization for its dedication to its customers.
Several reviews highlight the cooperative's commitment to providing excellent service and support, indicating that the staff is approachable and attentive to the needs of the community. Users express appreciation for the reliability and quality of service they receive, reinforcing the cooperative’s strong reputation.
Overall, it’s clear that Grand Electric Cooperative Inc delivers effectively on its promises and has established a loyal customer base that values their efforts.
This AI summary has been generated from reviews found on Facebook.
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 tax deductible.
Heare 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
Official website here: www.grandelectric.coop
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:
- Compensation: $10,524
- Related: $0
- Other: $0
- Compensation: $14,533
- Related: $0
- Other: $0
- Compensation: $9,533
- Related: $0
- Other: $0
- Compensation: $9,533
- Related: $0
- Other: $0
- Compensation: $9,533
- Related: $0
- Other: $0
- Compensation: $8,533
- Related: $0
- Other: $0
- Compensation: $13,533
- Related: $0
- Other: $0
- Compensation: $13,033
- Related: $0
- Other: $0
- Compensation: $8,033
- Related: $0
- Other: $0
- Compensation: $126,648
- Related: $0
- Other: $34,669
- Compensation: $53,415
- Related: $0
- Other: $31,003
- Compensation: $105,165
- Related: $0
- Other: $12,749
- Compensation: $115,898
- Related: $0
- Other: $33,545
- Compensation: $113,135
- Related: $0
- Other: $27,952
- Compensation: $105,723
- Related: $0
- Other: $64,533
- Compensation: $101,068
- Related: $0
- Other: $62,892
Official website here: www.grandelectric.coop
Where can I find the form 990 for Grand Electric Cooperative Inc?
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.
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Impact
October, 2024
Grand Electric Cooperative Inc has a significant impact on the communities it serves by providing essential electricity services to rural areas. With approximately 1,860 members, the cooperative enhances the quality of life for individuals and families by ensuring reliable access to energy. In the past, Grand Electric has expanded its reach by installing 4.06 miles of new electrical service lines, thereby improving infrastructure and connecting more households to the power grid.
The cooperative prioritizes sound financial management, which fosters stability and reliability in its services. Additionally, Grand Electric emphasizes safety as a core value, ensuring that both its members and employees operate in a secure environment. This commitment not only guarantees a consistent energy supply but also supports the overall well-being of the community. Through its efforts, Grand Electric plays a crucial role in promoting public benefit in Bison, South Dakota, and surrounding areas.
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.
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: $212,016
- Program Service Revenue: $13,083,131
- Gross Receipts: $13,823,097
Assets and Liabilities:
- Total Assets: $66,121,486
- Total Liabilities: $41,526,087
- Net Assets: $24,595,399
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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) 244-5211Principal Officer
Eric Kahler
Main Address
PO BOX 39, BISON, SD, 57620
Website
www.grandelectric.coopNTEE Category
Code: W80 - Public benefit
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