Overview
What is Mccone Electric Co-Op Inc?
Mccone Electric Co-Op Inc is a nonprofit, member-owned organization situated in rural eastern Montana, specifically in Circle, MT. With a dedicated workforce of 26 individuals, its primary mission is to distribute affordable electric power to its 5,400 members, ensuring round-the-clock service for 365 days a year. The cooperative adheres to sound business practices while striving to keep costs at a minimum, enabling it to deliver reliable and high-quality electrical power to its members.
Official website here: www.mcconeelectric.coop
Is Mccone Electric Co-Op Inc legitimate?
Mccone Electric Co-Op Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mccone Electric Co-Op 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: $704,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,661,891
For more financial information, click here
Official website here: www.mcconeelectric.coop
What is the mission statement of Mccone Electric Co-Op Inc?
McCone Electric Co-Op Inc, as a non-profit organization, is committed to supplying its members with reliable and high-quality central station electrical power at the most affordable price, adhering to sound business practices. The cooperative operates on a cooperative basis, ensuring that electric power is distributed to approximately 5,400 service locations in rural eastern Montana, 365 days a year, round the clock. The primary goal is to provide electricity at the least possible cost, demonstrating the cooperative's dedication to its members' needs.
Official website here: www.mcconeelectric.coop
Who is the CEO of Mccone Electric Co-Op Inc?
Steve Tilton is the General Manager of Mccone Electric Co-Op Inc.
Official website here: www.mcconeelectric.coop
What is the revenue of Mccone Electric Co-Op Inc?
Mccone Electric Co-Op Inc's revenue in 2022 was $10,684,203.
Official website here: www.mcconeelectric.coop
Who are the executives of Mccone Electric Co-Op Inc and what are their salaries?
The average compensation at Mccone Electric Co-Op Inc during 2022 was $91,010. There are 26 employees at Mccone Electric Co-Op Inc.
Here are 12 key members and their salaries:
- Compensation: $139,615
- Related: $0
- Other: $47,165
- Compensation: $98,613
- Related: $0
- Other: $81,271
- Compensation: $111,735
- Related: $0
- Other: $25,759
- Compensation: $28,479
- Related: $0
- Other: $0
- Compensation: $26,716
- Related: $0
- Other: $0
- Compensation: $26,566
- Related: $0
- Other: $0
- Compensation: $26,199
- Related: $0
- Other: $0
- Compensation: $20,926
- Related: $0
- Other: $0
- Compensation: $20,438
- Related: $0
- Other: $0
- Compensation: $20,313
- Related: $0
- Other: $0
- Compensation: $13,060
- Related: $0
- Other: $0
- Compensation: $13,010
- Related: $0
- Other: $0
Official website here: www.mcconeelectric.coop
Where can I find the form 990 for Mccone Electric Co-Op Inc?
Mccone Electric Co-Op Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcconeelectric.coop
Learn more at the official website: www.mcconeelectric.coop
Mission Statement of Mccone Electric Co-Op Inc
McCone Electric Co-Op Inc, a non-profit organization, is committed to its mission of supplying dependable, top-notch central station electrical power to its members at the most affordable price possible, adhering to sound business practices. This mission is carried out on a cooperative basis, ensuring that the cooperative's members in rural eastern Montana receive electric power consistently, day in and day out, round the clock. The cooperative's dedication to this mission is reflected in its operations, which provide power to approximately 5,400 service locations, demonstrating its commitment to keeping costs low while maintaining a high standard of service.
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Impact
October, 2024
Mccone Electric Co-Op Inc plays a vital role in enhancing the quality of life for its members in rural eastern Montana by providing reliable electric power to approximately 5,400 service locations. This cooperative operates 24 hours a day, 365 days a year, ensuring that essential services and modern conveniences are accessible to its community. By prioritizing cost efficiency while maintaining high-quality power delivery, Mccone Electric Co-Op Inc supports sustainable energy practices that benefit its members economically and socially. Its commitment to cooperative principles fosters a sense of community and collective responsibility, empowering residents and businesses in the region. Through its dedicated service and mission, Mccone Electric Co-Op Inc significantly contributes to the overall well-being and development of the area it serves.
This information is meant to be a general summary of Mccone Electric Co-Op 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: $45,645
- Program Service Revenue: $9,327,610
- Gross Receipts: $10,684,203
Assets and Liabilities:
- Total Assets: $39,516,727
- Total Liabilities: $24,716,129
- Net Assets: $14,800,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Electricity
Revenue
$9,327,610
Organization Details
Founding Year
1945
Phone
(406) 485-3430Principal Officer
Steve Tilton
Main Address
PO Box 368, Circle, MT, 592150368
Website
www.mcconeelectric.coopIf you are a representative of Mccone Electric Co-Op Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.