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Golden State Power Cooperative

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

EIN: 680441905 ✦ Graeagle, CA ✦ Designated as a 501(c)(6)

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Overview

What is Golden State Power Cooperative?

Golden State Power Cooperative is a nonprofit organization located in Graeagle, California. The cooperative's primary mission is to aid California communities in establishing and managing energy cooperatives that are member-owned and member-controlled. These cooperatives offer affordable, reliable, and efficient electric services. Golden State Power Cooperative also provides support in legislative and regulatory affairs, aiming to reduce the regulatory burden on California's electric cooperatives to ensure they can serve their communities effectively. The cooperative operates with a small team of one employee.


Official website here: www.gspower.org

Is Golden State Power Cooperative legitimate?

Golden State Power Cooperative is a legitimate nonprofit organization registered as a 501(c)(6) entity. Golden State Power Cooperative 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: $262,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gspower.org

What is the mission statement of Golden State Power Cooperative?

Golden State Power Cooperative's mission is centered around utilizing the cooperative business model to aid California communities. Their objective is to facilitate the establishment and management of non-profit, member-owned, and member-controlled energy cooperatives. These cooperatives are intended to deliver honest, efficient, affordable, and reliable electric services. Golden State Power Cooperative also works towards lessening the legislative and regulatory burdens on California's electric cooperatives, enabling them to serve their communities affordably.


Official website here: www.gspower.org

Who is the CEO of Golden State Power Cooperative?

Jessica Nelson is the General Manager of Golden State Power Cooperative.


Official website here: www.gspower.org

What is the revenue of Golden State Power Cooperative?

Golden State Power Cooperative's revenue in 2022 was $341,572.


Official website here: www.gspower.org

Who are the executives of Golden State Power Cooperative and what are their salaries?

The average compensation at Golden State Power Cooperative during 2022 was $262,414. There is 1 employee and 4 volunteers at Golden State Power Cooperative.


Here are 5 key members and their salaries:


Jessica Nelson (General Manager)
  • Compensation: $189,833
  • Related: $0
  • Other: $72,581
Paul Hauser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Short (President Of Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Cloud (Vice President Of Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Marshall (Secretary/Treasurer Of Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gspower.org

Where can I find the form 990 for Golden State Power Cooperative?

Golden State Power Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gspower.org

Learn more at the official website: www.gspower.org

Mission Statement of Golden State Power Cooperative

Golden State Power Cooperative, as a non-profit organization, is committed to utilizing the cooperative business model to aid California communities in establishing and managing their own energy cooperatives. These cooperatives are member-owned and member-controlled, with a focus on providing affordable, reliable, and efficient electric services. Golden State Power Cooperative works diligently to reduce the regulatory and legislative burden on these cooperatives, enabling them to serve their communities effectively and without undue financial strain. By doing so, the cooperative aims to contribute positively to California's communities, fostering a sustainable and affordable energy landscape.

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Impact




October, 2024

Golden State Power Cooperative significantly impacts California communities by fostering the development and management of member-owned energy cooperatives. These cooperatives are designed to provide reliable, efficient, and affordable electric services, ensuring that members have a voice and control over their energy provision. By advocating for legislative and regulatory support, Golden State Power Cooperative reduces the bureaucratic challenges faced by local cooperatives, allowing them to operate more effectively and pass on cost savings to their members. This approach not only enhances the quality of energy services but also promotes community empowerment and economic sustainability throughout the region. Through its efforts, Golden State Power Cooperative is a catalyst for positive community improvement, driving forward energy solutions tailored to the unique needs of California’s diverse populations.




This information is meant to be a general summary of Golden State Power Cooperative. 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
$341,572 (2022)
Expenses
$325,827 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $134
  • Gross Receipts: $341,572

Assets and Liabilities:

  • Total Assets: $75,213
  • Total Liabilities: $0
  • Net Assets: $75,213

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Organization Details

Founding Year

1999

Principal Officer

Jessica Nelson

Main Address

P O Box 1815, Graeagle, CA, 96103

NTEE Category

Code: S41 - Community improvement

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