Overview
What is Sun River Electric Cooperative Inc?
Sun River Electric Cooperative Inc is a Montana-based rural electric cooperative with a mission to provide dependable electrical utilities to its members residing in the west-central region of the state. Established to ensure financial stability and promote growth, the cooperative prioritizes systematic maintenance, rate stability, and consumer relations. The cooperative, with a team of 26 dedicated employees, focuses on maintaining a financially sound organization and delivering electric services to its owner-members.
Official website here: www.sunriverelectric.coop
What are the reviews and ratings of this charity?
The Sun River Electric Cooperative Inc is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization. Charity Navigator primarily evaluates nonprofits registered as 501(c)(3), focusing on their Accountability & Finance and Impact & Measurement, criteria which cannot be applied here. The lack of a rating does not imply anything about the cooperative's performance, but rather reflects the limitations of the evaluative framework for this type of organization.
Charity Navigator's data limitations in this case include the absence of detailed financial information, such as revenue and expenses, which typically forms the basis of their accountability and finance assessments. The organization also falls outside the scope for Charity Navigator's newer evaluative criteria like Leadership & Adaptability and Culture & Community due to its registration status.
Sun River Electric Cooperative Inc operates independently, as indicated by Charity Navigator's classification of the organization as an independent entity. Although there is basic data available from the IRS Business Master File, it doesn't provide sufficient detail to allow for a comprehensive evaluation of the cooperative's internal practices or its impact. With no user reviews on GreatNonprofits, further insights into community perception or operational effectiveness are not available.
This AI summary has been generated from information found on Charity Navigator.
Is Sun River Electric Cooperative Inc legitimate?
Sun River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sun River 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: $441,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $382,276
For more financial information, click here
Official website here: www.sunriverelectric.coop
What is the mission statement of Sun River Electric Cooperative Inc?
Sun River Electric Cooperative Inc is dedicated to maintaining a financially sound cooperative through systematic maintenance and stable rates, while fostering growth. They prioritize education for both their board and employees, and value building strong consumer relationships. The mission of Sun River Electric Cooperative Inc is to ensure the provision of electrical utilities to its members in an efficient and reliable manner. Through a commitment to systematic maintenance, they aim to provide consistent power, minimizing disruptions for their owner-members. By focusing on growth and education, the cooperative is able to adapt to the changing energy landscape and meet the evolving needs of its community.
Official website here: www.sunriverelectric.coop
Who is the CEO of Sun River Electric Cooperative Inc?
Brad Bauman is the Trustee of Sun River Electric Cooperative Inc. The CEO's salary of Sun River Electric Cooperative Inc is $173,992 and their total compensation is $249,676.
Official website here: www.sunriverelectric.coop
What is the revenue of Sun River Electric Cooperative Inc?
Sun River Electric Cooperative Inc's revenue in 2022 was $13,447,433.
Official website here: www.sunriverelectric.coop
Who are the executives of Sun River Electric Cooperative Inc and what are their salaries?
The average compensation at Sun River Electric Cooperative Inc during 2022 was $31,678. There are 26 employees at Sun River Electric Cooperative Inc.
Here are 13 key members and their salaries (Sun River Electric Cooperative Inc's CEO's salary is $173,992 and their total compensation is $249,676):
- Compensation: $28,125
- Related: $0
- Other: $0
- Compensation: $20,575
- Related: $0
- Other: $0
- Compensation: $24,272
- Related: $0
- Other: $0
- Compensation: $20,964
- Related: $0
- Other: $0
- Compensation: $36,045
- Related: $0
- Other: $0
- Compensation: $31,460
- Related: $0
- Other: $0
- Compensation: $30,245
- Related: $0
- Other: $0
- Compensation: $173,992
- Related: $0
- Other: $75,684
- Compensation: $138,500
- Related: $0
- Other: $64,630
- Compensation: $111,937
- Related: $0
- Other: $81,607
- Compensation: $112,448
- Related: $0
- Other: $61,370
- Compensation: $107,753
- Related: $0
- Other: $59,861
- Compensation: $109,158
- Related: $0
- Other: $69,197
Official website here: www.sunriverelectric.coop
Where can I find the form 990 for Sun River Electric Cooperative Inc?
Sun River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunriverelectric.coop
Learn more at the official website: www.sunriverelectric.coop
Mission Statement of Sun River Electric Cooperative Inc
Sun River Electric Cooperative Inc, a rural electric cooperative, is dedicated to maintaining a financially sound organization while delivering electrical utilities to its owner-members. The cooperative's mission is to ensure systematic maintenance and rate stability, fostering growth, and promoting education for its board and employees. Good consumer relations are a top priority.
In order to uphold its mission, Sun River Electric Cooperative Inc focuses on providing reliable electrical services to its members in Montana, all while adhering to a financially responsible business model. The cooperative's commitment to growth involves continuous improvement and expansion to meet the evolving needs of its members. Board and employee education are essential components of the cooperative's mission, ensuring that its leaders and staff are well-equipped to provide optimal service and support.
Sun River Electric Cooperative Inc places a strong emphasis on good consumer relations, recognizing the importance of fostering positive relationships with its members. By prioritizing open communication and responsiveness, the cooperative is able to address any concerns or issues effectively, ensuring satisfaction and trust within its community.
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Impact
October, 2024
Sun River Electric Cooperative Inc significantly impacts its community by providing reliable electric service to owner-members in the west-central portion of Montana. The cooperative is dedicated to ensuring that its electrical utility supply meets the needs of its members while maintaining financial stability. With a focus on systematic maintenance and rate stability, it fosters growth and education for both the board and employees, all while prioritizing strong consumer relations.
By addressing the unique challenges of rural electrification, the cooperative enhances the quality of life for residents through consistent access to electricity, which is essential for homes, businesses, and agriculture. This commitment not only supports the local economy but also promotes sustainable development in the region, ensuring that the community thrives and adapts to changing needs.
This information is meant to be a general summary of Sun River 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: $67,867
- Program Service Revenue: $12,599,953
- Gross Receipts: $13,447,433
Assets and Liabilities:
- Total Assets: $39,224,355
- Total Liabilities: $17,035,627
- Net Assets: $22,188,728
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY AND SERVICES
Revenue
$12,599,953
Organization Details
Founding Year
1937
Phone
(406) 467-2526Principal Officer
Brad Bauman
Main Address
PO BOX 309, FAIRFIELD, MT, 594360309
Website
www.sunriverelectric.coopNTEE Category
Code: W80 - Public benefit
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