Overview
What is Sheridan Electric Cooperative?
Sheridan Electric Cooperative, based in Medicine Lake, Montana, is a rural electric cooperative with a mission to provide electric services to consumers. This nonprofit organization, with a team of 30 employees, is dedicated to ensuring reliable access to electricity for the community. The cooperative's focus is on delivering essential electric services, ensuring a stable power supply for the residents it serves.
Official website here: www.sheridanelectric.coop
Is Sheridan Electric Cooperative legitimate?
Sheridan Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sheridan Electric 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,451,246
For more financial information, click here
Official website here: www.sheridanelectric.coop
What is the mission statement of Sheridan Electric Cooperative?
The Sheridan Electric Cooperative is dedicated to delivering electric services to its consumer base. As a rural electric cooperative, it plays a vital role in ensuring consistent power supply to households and businesses in the community. Its mission revolves around providing essential electric services, ensuring that people can carry out their daily activities with minimal interruptions. The cooperative is committed to reliability, efficiency, and affordability, making it a trusted partner for energy needs. Its operations are geared towards enhancing the quality of life for its consumers by providing them with a steady power source. Additionally, the cooperative may offer programs and initiatives aimed at promoting energy conservation and sustainable practices.
Official website here: www.sheridanelectric.coop
Who is the CEO of Sheridan Electric Cooperative?
Rodney Smith is the President of Sheridan Electric Cooperative.
Official website here: www.sheridanelectric.coop
What is the revenue of Sheridan Electric Cooperative?
Sheridan Electric Cooperative's revenue in 2022 was $19,827,462.
Official website here: www.sheridanelectric.coop
Who are the executives of Sheridan Electric Cooperative and what are their salaries?
The average compensation at Sheridan Electric Cooperative during 2022 was $81,708. There are 30 employees at Sheridan Electric Cooperative.
Here are 14 key members and their salaries:
- Compensation: $161,477
- Related: $0
- Other: $0
- Compensation: $159,510
- Related: $0
- Other: $0
- Compensation: $125,498
- Related: $0
- Other: $0
- Compensation: $122,546
- Related: $0
- Other: $0
- Compensation: $118,069
- Related: $0
- Other: $0
- Compensation: $32,135
- Related: $0
- Other: $0
- Compensation: $31,135
- Related: $0
- Other: $0
- Compensation: $30,935
- Related: $0
- Other: $0
- Compensation: $30,535
- Related: $0
- Other: $0
- Compensation: $25,047
- Related: $0
- Other: $0
- Compensation: $20,997
- Related: $0
- Other: $0
- Compensation: $20,714
- Related: $0
- Other: $0
- Compensation: $20,397
- Related: $0
- Other: $0
- Compensation: $20,356
- Related: $0
- Other: $0
Official website here: www.sheridanelectric.coop
Where can I find the form 990 for Sheridan Electric Cooperative?
Sheridan Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sheridanelectric.coop
Learn more at the official website: www.sheridanelectric.coop
Mission Statement of Sheridan Electric Cooperative
Sheridan Electric Cooperative, a rural electric cooperative, is dedicated to supplying electric services to its consumer base. This nonprofit organization's primary mission revolves around ensuring that electricity reaches the communities it serves.
In simple terms, Sheridan Electric Cooperative is committed to delivering essential electric services to the households and businesses that rely on its power. By providing dependable electricity, the cooperative aims to enhance the everyday lives of its members and foster prosperous communities.
With a focus on community empowerment, Sheridan Electric Cooperative works tirelessly to maintain and expand its electric infrastructure. By offering a consistent power supply, the cooperative enables its members to pursue various economic opportunities and improve their overall quality of life.
Furthermore, the cooperative's operations are built on the principles of democracy and member involvement. As a member-owned organization, Sheridan Electric Cooperative ensures that its customers have a voice in the decision-making process, allowing for the cooperative to better respond to their unique needs and concerns. This member-focused approach sets Sheridan Electric Cooperative apart and strengthens the bond between the cooperative and the communities it serves.
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Impact
October, 2024
Sheridan Electric Cooperative plays a crucial role in enhancing the quality of life for residents in the Medicine Lake, Montana area by providing vital electric services to consumers. As a rural electric cooperative, it ensures that communities have access to reliable and affordable electricity, which is essential for both everyday conveniences and economic development. This access to electricity supports local businesses, enables educational opportunities, and enhances overall community well-being. By prioritizing the needs of its members, Sheridan Electric Cooperative fosters a stronger, more connected community while promoting sustainable practices that benefit the environment and public interest.
This information is meant to be a general summary of Sheridan Electric 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $55,415
- Program Service Revenue: $18,771,428
- Gross Receipts: $19,827,462
Assets and Liabilities:
- Total Assets: $67,525,493
- Total Liabilities: $27,937,567
- Net Assets: $39,587,926
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FROM CSA IMPORT
Revenue
$18,771,428
Organization Details
Founding Year
1946
Principal Officer
Rodney Smith
Main Address
PO BOX 227, MEDICINE LAKE, MT, 59247
Website
www.sheridanelectric.coopNTEE Category
Code: W80 - Public benefit
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