Niobrara Valley Electric Membership Corporation

Niobrara Valley Electric Membership Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470355437 ✦ Oneill, NE ✦ Designated as a 501(c)(12)

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Overview

What is Niobrara Valley Electric Membership Corporation?

The Niobrara Valley Electric Membership Corporation is a nonprofit organization that primarily serves its rural members by delivering electricity. As a public utility, they manage various programs and are dedicated to supplying this essential service to their community members. The organization's core mission is to ensure the reliable provision of electricity to its member base.

Is Niobrara Valley Electric Membership Corporation legitimate?

Niobrara Valley Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Niobrara Valley Electric Membership Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Niobrara Valley Electric Membership Corporation?

Niobrara Valley Electric Membership Corporation is committed to delivering electricity to its rural clientele, who are its members. Its mission, in essence, revolves around providing this essential service. The corporation operates as public utilities and does not specify any particular programs or initiatives in the given information. Upon closer examination, it can be inferred that Niobrara Valley Electric Membership Corporation prioritizes ensuring a reliable electricity supply for its rural customers, who are integral to its operations.

Who is the CEO of Niobrara Valley Electric Membership Corporation?

Matthew L Fritz is the General Manager of Niobrara Valley Electric Membership Corporation.

What is the revenue of Niobrara Valley Electric Membership Corporation?

Niobrara Valley Electric Membership Corporation's revenue in 2022 was $7,980,195.

Who are the executives of Niobrara Valley Electric Membership Corporation and what are their salaries?

There are 37 employees at Niobrara Valley Electric Membership Corporation.


Here are 13 key members and their salaries:


Kelly S Cameron (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Jerry D Childers (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Perry D Dekay (Director)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Ernie J Eilers (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0
Thomas J Flannery (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Mike D Givens (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0
Skye E Higgins (Director)
  • Compensation: $3,300
  • Related: $0
  • Other: $0
Aaron W Holz (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Daniel J Kohle (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0
Roger L Ruda (Director)
  • Compensation: $3,900
  • Related: $0
  • Other: $0
Kelly G Bendig (Director)
  • Compensation: $4,800
  • Related: $0
  • Other: $0
Mark Thompson (Director Of Operations)
  • Compensation: $103,012
  • Related: $0
  • Other: $0
Matthew L Fritz (General Manager)
  • Compensation: $147,873
  • Related: $0
  • Other: $0
Where can I find the form 990 for Niobrara Valley Electric Membership Corporation?

Niobrara Valley Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Niobrara Valley Electric Membership Corporation

Niobrara Valley Electric Membership Corporation, as a dedicated organization, is committed to providing electricity to its rural members who are its customers. This mission is at the heart of its operations, aiming to ensure a reliable power supply to the communities it serves. As public utilities, the corporation's activities are geared towards meeting the electrical needs of its members, without specifying any particular programs or initiatives in the provided information.

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Impact




October, 2024

Niobrara Valley Electric Membership Corporation plays a crucial role in delivering electricity to rural communities, ensuring reliable access to power for its members. By operating as a public utility, it serves the specific needs of these areas, which often lack robust electrical infrastructure. This organization enhances the quality of life for its customers by facilitating essential services, supporting local economies, and contributing to community development through its commitment to providing uninterrupted electricity. Its mission to serve rural customers underscores its importance in fostering sustainability and growth in less populated regions of Nebraska.




This information is meant to be a general summary of Niobrara Valley Electric Membership Corporation. 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.

Revenue
$7,980,195 (2022)
Expenses
$7,980,195 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34,082
  • Gross Receipts: $17,956,197

Assets and Liabilities:

  • Total Assets: $37,141,809
  • Total Liabilities: $6,292,885
  • Net Assets: $30,848,924

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Organization Details

Founding Year

1948

Principal Officer

Matthew L Fritz

Main Address

PO Box 60, ONeill, NE, 687630060

NTEE Category

Code: W80 - Public benefit

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