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Touchstone Energy Cooperative Inc

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

EIN: 541978503 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

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Overview

What is Touchstone Energy Cooperative Inc?

Touchstone Energy Cooperative Inc, located in Arlington, Virginia, is a notable nonprofit organization associated with a network of electric cooperatives. Their primary mission is to strengthen the relationship between its member cooperatives and their owners. To accomplish this, they conduct research, deliver educational programs, and provide resources. In 2022, Touchstone Energy Cooperative Inc offered best practice research documents, member satisfaction assessment programs, and educational events to enhance member satisfaction and engagement. Their activities are aimed at supporting and empowering their membership.


Official website here: www.touchstoneenergy.com

Is Touchstone Energy Cooperative Inc legitimate?

Touchstone Energy Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Touchstone Energy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.touchstoneenergy.com

What is the mission statement of Touchstone Energy Cooperative Inc?

Touchstone Energy Cooperative Inc serves as a national network of electric cooperatives, offering programs and resources to strengthen their relationships with their member-owners. Their mission is to facilitate this, focusing on enhancing connections with their membership base. In 2022, Touchstone Energy Cooperative Inc conducted research and delivered educational programs to their membership. They provided best practice research documents, tools for assessing member satisfaction, and organized educational events to improve member satisfaction and engagement.


Official website here: www.touchstoneenergy.com

What is the revenue of Touchstone Energy Cooperative Inc?

Touchstone Energy Cooperative Inc's revenue in 2023 was $10,314,627.


Official website here: www.touchstoneenergy.com

Who are the executives of Touchstone Energy Cooperative Inc and what are their salaries?

There 103 volunteers at Touchstone Energy Cooperative Inc.

Here are 19 key members and their salaries:


Deborah Mirasola (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Mccarthy (Board President(As Of 03/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Gossett (Board Vp (As Of 03/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Bernson (Board Sec/Treasurer(Thru 3/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Lasure (Board Sec/Treas(As Of 3/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Bragg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Van O' Cain (Director (As Of 4/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Conley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Green (Director (Thru 4/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Haught (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Richert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Tracy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wilson (Director(As Of 3/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Rosier (At-Large Officer(As Of 3/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Adams (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Connor (Second Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Healy (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Digna Louis (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.touchstoneenergy.com

Where can I find the form 990 for Touchstone Energy Cooperative Inc?

Touchstone Energy Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.touchstoneenergy.com

Learn more at the official website: www.touchstoneenergy.com

Mission Statement of Touchstone Energy Cooperative Inc

Touchstone Energy Cooperative Inc, a network of electric cooperatives, is on a mission to strengthen its relationships with its member-owners. It achieves this by providing them with a variety of programs and resources. The organization conducts research and delivers education programs to its members, aiming to improve their satisfaction and engagement. In 2022, Touchstone Energy Cooperative Inc went a step further by providing its membership with best practice research documents, programs to assess member satisfaction, and educational events. These initiatives were designed to enhance the member experience and foster engagement within the cooperative. By focusing on these key areas, Touchstone Energy Cooperative Inc aims to build and maintain strong relationships with its member-owners, ultimately benefiting the entire cooperative network.

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Impact




October, 2024

Touchstone Energy Cooperative Inc significantly enhances the capabilities of electric cooperatives across the country through research, education, and member engagement initiatives. In 2022, it focused on providing its membership with best practice research documents and programs aimed at assessing member satisfaction. These resources empower cooperatives to better understand and meet the needs of their member/owners. The organization also facilitated educational events designed to improve member satisfaction and engagement. By strengthening relationships between cooperatives and their members, Touchstone Energy fosters community improvement and enhances overall service delivery in the electric cooperative sector. Its mission to support its members ensures that the impact is felt locally, enhancing both the operational effectiveness of cooperatives and the quality of service provided to their communities.




This information is meant to be a general summary of Touchstone Energy 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.

Revenue
$10,314,627 (2023)
Expenses
$11,174,221 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $316,576
  • Program Service Revenue: $674,758
  • Gross Receipts: $10,358,287

Assets and Liabilities:

  • Total Assets: $13,508,349
  • Total Liabilities: $5,444,071
  • Net Assets: $8,064,278

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORSHIP REVENUE & REGISTRATION FEES

Revenue

$546,410

REIMBURSED COST

Revenue

$25,410

CO-OP CONNECTIONS PROGRAM

Revenue

$102,938

Organization Details

Founding Year

2000

Principal Officer

Jana Adams

NTEE Category

Code: S41 - Community improvement

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