Cooperativa Hidroelectrica De La Montana

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

EIN: 660904321 ✦ Utuado, PR ✦ Designated as a 501(c)(12)

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Overview

What is Cooperativa Hidroelectrica De La Montana?

Cooperativa Hidroelectrica De La Montana is a cooperative based in Utuado, Puerto Rico, specifically located at 26 Calle Betances, with the ZIP code 00641-2864. The cooperative has been recognized by the Interstate Renewable Energy Council for the construction of a microgrid in Castañer. Its primary mission is to offer cost-effective and resilient electricity to its owner-partners, sourced from renewable energy sources. This commitment to renewable energy aims to provide a sustainable and reliable power supply to its partners.


Official website here: www.cooperativahidroelectrica.coop

Is Cooperativa Hidroelectrica De La Montana legitimate?

Cooperativa Hidroelectrica De La Montana is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cooperativa Hidroelectrica De La Montana 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.cooperativahidroelectrica.coop

What is the mission statement of Cooperativa Hidroelectrica De La Montana?

The mission of Cooperativa Hidroelectrica De La Montana is centered around providing its owner-partners with electricity that is both affordable and resilient, sourced from renewable energy. This mission is aimed at ensuring a reliable energy supply, leveraging the power of renewable resources. The cooperative's primary goal is to deliver this service effectively, benefiting its partner-owners. The Interstate Renewable Energy Council has recognized the cooperative's potential, selecting it for the construction of the Microgrid in Castañer.


Official website here: www.cooperativahidroelectrica.coop

Who is the CEO of Cooperativa Hidroelectrica De La Montana?

Christopher P Smith is the Executive Director of Cooperativa Hidroelectrica De La Montana.


Official website here: www.cooperativahidroelectrica.coop

What is the revenue of Cooperativa Hidroelectrica De La Montana?

Cooperativa Hidroelectrica De La Montana's revenue in 2022 was $297,556.


Official website here: www.cooperativahidroelectrica.coop

Who are the executives of Cooperativa Hidroelectrica De La Montana and what are their salaries?

There 2 volunteers at Cooperativa Hidroelectrica De La Montana.


Here are 6 key members and their salaries:


Chistopher Smith (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida Santiago (Tresurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ametza Cardona (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olga Cordero (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omar Albarran (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Viruet Napoleon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cooperativahidroelectrica.coop

Where can I find the form 990 for Cooperativa Hidroelectrica De La Montana?

Cooperativa Hidroelectrica De La Montana's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cooperativahidroelectrica.coop

Learn more at the official website: www.cooperativahidroelectrica.coop

Mission Statement of Cooperativa Hidroelectrica De La Montana

Cooperativa Hidroelectrica De La Montana, a cooperative, is committed to providing its owner-partners with electricity that is both affordable and resilient, sourced from renewable energy. Their mission is to ensure that the energy supply is not only cost-effective but also resilient, thereby meeting the needs of their partners in a sustainable manner. The Interstate Renewable Energy Council has recognized the Cooperative's commitment and chosen them for the construction of the Microgrid in Castañer. This project further underscores Cooperativa Hidroelectrica De La Montana's dedication to harnessing renewable energy sources to provide reliable and affordable electricity.

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Impact




October, 2024

Cooperativa Hidroelectrica De La Montana significantly impacts the community by offering cost-effective and resilient electricity sourced from renewable energy. This initiative not only promotes sustainable energy practices but also enhances energy security for its member-partners. The establishment of the Microgrid of Castañer, selected by the Interstate Renewable Energy Council, reflects its commitment to innovative solutions that cater to local energy needs. By prioritizing renewable sources, the cooperative helps reduce reliance on fossil fuels, contributing to environmental sustainability and fostering a sense of mutual benefit among its partners.




This information is meant to be a general summary of Cooperativa Hidroelectrica De La Montana. 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
$297,556 (2022)
Expenses
$14,227 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $297,556

Assets and Liabilities:

  • Total Assets: $564,769
  • Total Liabilities: $272,985
  • Net Assets: $291,784

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Organization Details

Founding Year

2019

Principal Officer

Christopher P Smith

Main Address

26 CALLE BETANCES, UTUADO, PR, 006412864

NTEE Category

Code: Y22 - Mutual benefit

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