Overview
What is Marias River Electric Cooperative Inc?
Marias River Electric Cooperative Inc, based in Shelby, Montana, is a nonprofit organization that serves as a vital provider of electric power to its members residing in rural northern Montana. With a workforce of 20 individuals, this cooperative is committed to ensuring a reliable electrical supply in the region. The cooperative's mission is to deliver electrical power to the rural communities in northern Montana, contributing significantly to the quality of life and development of the region.
Official website here: www.mariasriverec.com
Is Marias River Electric Cooperative Inc legitimate?
Marias River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Marias 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: $289,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,210
For more financial information, click here
Official website here: www.mariasriverec.com
What is the mission statement of Marias River Electric Cooperative Inc?
Marias River Electric Cooperative Inc's mission is centered around providing electrical power. This mission extends to serving the rural communities in northern Montana. The cooperative's primary goal is to ensure reliable electric power service to its cooperative members residing in these rural areas. By doing so, Marias River Electric Cooperative Inc contributes to enhancing the quality of life in these communities.
Official website here: www.mariasriverec.com
Who is the CEO of Marias River Electric Cooperative Inc?
Merle Raph is the President of Marias River Electric Cooperative Inc.
Official website here: www.mariasriverec.com
What is the revenue of Marias River Electric Cooperative Inc?
Marias River Electric Cooperative Inc's revenue in 2022 was $8,248,115.
Official website here: www.mariasriverec.com
Who are the executives of Marias River Electric Cooperative Inc and what are their salaries?
The average compensation at Marias River Electric Cooperative Inc during 2022 was $21,363. There are 20 employees at Marias River Electric Cooperative Inc.
Here are 13 key members and their salaries:
- Compensation: $9,246
- Related: $0
- Other: $0
- Compensation: $3,363
- Related: $0
- Other: $0
- Compensation: $4,793
- Related: $0
- Other: $0
- Compensation: $4,535
- Related: $0
- Other: $0
- Compensation: $4,034
- Related: $0
- Other: $0
- Compensation: $2,900
- Related: $0
- Other: $0
- Compensation: $4,010
- Related: $0
- Other: $0
- Compensation: $2,116
- Related: $0
- Other: $0
- Compensation: $4,199
- Related: $0
- Other: $0
- Compensation: $171,642
- Related: $0
- Other: $78,203
- Compensation: $106,426
- Related: $0
- Other: $60,751
- Compensation: $116,888
- Related: $0
- Other: $59,523
- Compensation: $107,177
- Related: $0
- Other: $35,191
Official website here: www.mariasriverec.com
Where can I find the form 990 for Marias River Electric Cooperative Inc?
Marias River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mariasriverec.com
Learn more at the official website: www.mariasriverec.com
Mission Statement of Marias River Electric Cooperative Inc
Marias River Electric Cooperative Inc is committed to providing electrical power to rural communities in northern Montana. Their mission is to ensure that cooperative members in this region have reliable access to electricity, enhancing their quality of life. By offering electric power service, Marias River Electric Cooperative Inc plays a crucial role in supporting the daily activities and development of these rural communities. The cooperative's dedication to providing electrical power underscores its commitment to improving the lives of its members, making it an essential part of their communities.
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Impact
October, 2024
Marias River Electric Cooperative Inc plays a crucial role in enhancing the quality of life for residents in rural northern Montana by providing reliable electrical power services. Situated in Shelby, Montana, the cooperative serves its members by ensuring access to essential electricity, which is vital for both daily living and economic development in the region. By delivering electricity to areas that might otherwise lack such services, Marias River Electric supports local communities, helps drive growth, and fosters a sense of connection among residents. Their commitment not only powers homes and businesses but also contributes to the overall public benefit, making a significant impact on the lives of individuals and families in the area.
This information is meant to be a general summary of Marias 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: $26,693
- Program Service Revenue: $7,647,744
- Gross Receipts: $8,248,115
Assets and Liabilities:
- Total Assets: $20,281,608
- Total Liabilities: $9,709,778
- Net Assets: $10,571,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICAL SERVICE CHA
Revenue
$7,647,744
Organization Details
Founding Year
1945
Phone
(406) 434-5575Principal Officer
Merle Raph
Main Address
PO BOX 729, SHELBY, MT, 59474
Website
www.mariasriverec.comNTEE Category
Code: W80Z - Public benefit
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