Overview
What is Flathead Electric Cooperative Inc?
Flathead Electric Cooperative Inc, based in Kalispell, Montana, is a member-owned cooperative with a mission to distribute electricity to approximately 57,166 members residing in and around the Flathead Valley, Libby, Elk Basin, and Cooke City areas. With a workforce of 184 employees, the cooperative focuses on generating and acquiring electric power for distribution. Through their operations, they aim to provide competitive, reliable electric services, prioritizing member satisfaction, and enhancing the quality of life in their communities.
Official website here: www.flatheadelectric.com
What are the reviews and ratings of this charity?
Flathead Electric Cooperative Inc is not currently rated by Charity Navigator, due to its status as a non-501(c)(3) organization. This means it lacks the necessary classification for evaluation under the site's standard methodologies. The absence of a rating indicates neither a positive nor negative assessment; it simply reflects that the organization has not been evaluated.
Historically, Flathead Electric Cooperative has been recognized for aspects akin to today's Accountability and Finance score. However, detailed financial data like total revenue, expenses, and key personnel salaries are not available. This lack of specific financial insight can make it challenging for those interested in assessing the organization's financial health and resource management.
There are no user reviews available on GreatNonprofits, leaving a gap in community-based feedback and sentiment regarding the organization's performance and impact. Without this user-generated content, prospective donors and supporters might find it difficult to gauge the co-op's effectiveness and community integration.
This AI summary has been generated from information found on Charity Navigator.
Is Flathead Electric Cooperative Inc legitimate?
Flathead Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Flathead 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: $1,616,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,854,365
For more financial information, click here
Official website here: www.flatheadelectric.com
What is the mission statement of Flathead Electric Cooperative Inc?
The Flathead Electric Cooperative Inc is committed to delivering rural electric power to its members in their service area. As a member-owned cooperative, it strives to provide competitive and reliable electric service, ensuring the highest level of member satisfaction. The cooperative aims to enhance the quality of life in the communities it serves. It generates and acquires electric power for distribution to approximately 57,166 members (as of December 31, 2022). The cooperative's mission goes beyond just providing electricity; it aspires to contribute to the betterment of its members' lives.
Official website here: www.flatheadelectric.com
Who is the CEO of Flathead Electric Cooperative Inc?
Mark Johnson is the General Manager of Flathead Electric Cooperative Inc.
Official website here: www.flatheadelectric.com
What is the revenue of Flathead Electric Cooperative Inc?
Flathead Electric Cooperative Inc's revenue in 2022 was $130,777,955.
Official website here: www.flatheadelectric.com
Who are the executives of Flathead Electric Cooperative Inc and what are their salaries?
The average compensation at Flathead Electric Cooperative Inc during 2022 was $78,645. There are 184 employees at Flathead Electric Cooperative Inc.
Here are 18 key members and their salaries:
- Compensation: $45,849
- Related: $0
- Other: $0
- Compensation: $44,944
- Related: $0
- Other: $0
- Compensation: $39,974
- Related: $0
- Other: $0
- Compensation: $43,638
- Related: $0
- Other: $0
- Compensation: $27,621
- Related: $0
- Other: -$2,168
- Compensation: $24,400
- Related: $0
- Other: $0
- Compensation: $43,042
- Related: $0
- Other: $0
- Compensation: $38,052
- Related: $0
- Other: $0
- Compensation: $39,420
- Related: $0
- Other: $0
- Compensation: $345,266
- Related: $0
- Other: $196,849
- Compensation: $231,907
- Related: $0
- Other: $122,628
- Compensation: $172,989
- Related: $0
- Other: $72,726
- Compensation: $178,146
- Related: $0
- Other: $118,827
- Compensation: $183,046
- Related: $0
- Other: $106,487
- Compensation: $163,763
- Related: $0
- Other: $101,000
- Compensation: $170,278
- Related: $0
- Other: $113,978
- Compensation: $159,623
- Related: $0
- Other: $100,114
- Compensation: $162,240
- Related: $0
- Other: $83,777
Official website here: www.flatheadelectric.com
Where can I find the form 990 for Flathead Electric Cooperative Inc?
Flathead Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flatheadelectric.com
Learn more at the official website: www.flatheadelectric.com
Mission Statement of Flathead Electric Cooperative Inc
Flathead Electric Cooperative Inc, a member-owned cooperative, is dedicated to providing rural electric power distribution to approximately 57,166 members in various areas of Montana. Beyond just electricity, the cooperative strives to achieve competitive and reliable service, ensuring the highest level of member satisfaction, and enhancing the quality of life in the communities it serves. As a mission-driven organization, Flathead Electric Cooperative Inc generates and acquires electric power for distribution to its members in the Flathead Valley, Libby, Elk Basin, and Cooke City areas. With a commitment to excellence, the cooperative not only powers homes and businesses but also plays a vital role in improving the overall well-being of its community members.
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Impact
October, 2024
Flathead Electric Cooperative Inc plays a significant role in the provision of rural electric power, serving approximately 57,166 members across the Flathead Valley, Libby, Elk Basin, and Cooke City areas of Montana. By generating and acquiring electric power, the cooperative ensures that its members have access to competitive and reliable energy services.
This commitment not only meets the energy needs of the community but also contributes to the overall enhancement of quality of life in the region. The cooperative’s efforts promote member satisfaction, foster community development, and support the economic stability of the areas it serves. Through its operations, Flathead Electric Cooperative Inc effectively strengthens the local economy while ensuring that sustainable energy solutions are in place for its members.
This information is meant to be a general summary of Flathead 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: $191,990
- Program Service Revenue: $128,683,773
- Gross Receipts: $130,777,955
Assets and Liabilities:
- Total Assets: $278,915,146
- Total Liabilities: $195,840,210
- Net Assets: $83,074,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICITY SALES
Revenue
$128,236,515
Organization Details
Founding Year
1937
Phone
(406) 751-4483Principal Officer
Mark Johnson
Main Address
2510 US HIGHWAY 2 EAST, KALISPELL, MT, 599012397
Website
www.flatheadelectric.comNTEE Category
Code: W80 - Public benefit
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