Overview
What is Glacier Electric Cooperative Inc?
Glacier Electric Cooperative Inc, based in Cut Bank, Montana, is a rural electric cooperative that provides essential electrical services and utilities to its members and patrons residing in the northern region of Montana. Established as a cooperative, they focus on the transmission and distribution of electricity to their community, primarily serving Glacier County. With a team of 47 dedicated individuals, their mission is to ensure reliable access to electricity for their members, enhancing the quality of life in their area.
Official website here: www.glacierelectric.com
Is Glacier Electric Cooperative Inc legitimate?
Glacier Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Glacier 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: $360,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,677
For more financial information, click here
Official website here: www.glacierelectric.com
What is the mission statement of Glacier Electric Cooperative Inc?
Glacier Electric Cooperative Inc is dedicated to providing electrical services and utilities to its members and patrons. Its primary mission is to transmit and distribute electricity, ensuring a reliable power source for those it serves. The cooperative focuses on delivering electricity to communities, largely in Montana. By doing so, it contributes to enhancing the quality of life and supporting the development of the areas it serves. The organization's commitment extends to ensuring that the electrical infrastructure remains efficient and reliable to meet the ever-increasing energy demands. Through its operations, it aims to bring power to the rural communities, improving the overall standard of living.
Official website here: www.glacierelectric.com
What is the revenue of Glacier Electric Cooperative Inc?
Glacier Electric Cooperative Inc's revenue in 2023 was $16,811,744.
Official website here: www.glacierelectric.com
Who are the executives of Glacier Electric Cooperative Inc and what are their salaries?
The average compensation at Glacier Electric Cooperative Inc during 2023 was $19,727. There are 36 employees at Glacier Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Compensation: $4,950
- Related: $0
- Other: $0
- Compensation: $11,200
- Related: $0
- Other: $0
- Compensation: $6,750
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $5,800
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $4,400
- Related: $0
- Other: $0
- Compensation: $211,280
- Related: $0
- Other: $96,725
- Compensation: $143,434
- Related: $0
- Other: $30,132
- Compensation: $121,717
- Related: $0
- Other: $56,442
- Compensation: $117,555
- Related: $0
- Other: $42,923
- Compensation: $114,983
- Related: $0
- Other: $65,109
- Compensation: $114,111
- Related: $0
- Other: $61,780
Official website here: www.glacierelectric.com
Where can I find the form 990 for Glacier Electric Cooperative Inc?
Glacier Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.glacierelectric.com
Learn more at the official website: www.glacierelectric.com
Mission Statement of Glacier Electric Cooperative Inc
Glacier Electric Cooperative Inc, a rural electric cooperative, is dedicated to delivering electrical services and utilities to its members and patrons. The organization's primary mission revolves around the transmission and distribution of electricity, ensuring that those in its community have access to a reliable power source.
In simple terms, Glacier Electric Cooperative Inc functions as an essential energy provider, serving the electric needs of its members, primarily in Montana. Its role is critical in bringing light to homes and businesses, enhancing the quality of life for those who rely on its services.
Glacier Electric Cooperative Inc's mission extends beyond providing just electricity; it also involves a deep commitment to the rural community it serves. By supplying this vital resource, the cooperative plays a crucial role in supporting the economic, social, and personal growth of its members. Through its unwavering dedication, Glacier Electric Cooperative Inc has become a trusted partner, helping to power the dreams and aspirations of its members.
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Impact
October, 2024
Glacier Electric Cooperative Inc significantly impacts the communities in the northern portion of Montana by providing essential electrical services and utilities to its members and patrons. By focusing on the transmission and distribution of electricity, the cooperative ensures reliable power supply, which is crucial for both residential and economic activities in the region, particularly in Glacier County.
The cooperative plays a key role in enhancing the quality of life for its members by supporting local infrastructure development, fostering economic growth, and promoting energy accessibility. It operates with a commitment to serving the needs of its community, ultimately contributing to a more stable and sustainable energy environment. By prioritizing the interests of its members, Glacier Electric Cooperative Inc reinforces the importance of collaborative efforts in improving the public benefit for all who depend on its services.
This information is meant to be a general summary of Glacier 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 2023.
- Investment Income: $63,954
- Program Service Revenue: $16,479,331
- Gross Receipts: $16,811,744
Assets and Liabilities:
- Total Assets: $41,135,216
- Total Liabilities: $23,133,851
- Net Assets: $18,001,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF UTILITY SERVICE TO MEMBER
Revenue
$16,479,331
Organization Details
Founding Year
1945
Principal Officer
Hugo Anderson
Website
www.glacierelectric.comNTEE Category
Code: W80 - Public benefit
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