Overview
What is Tongue River Electric Cooperative Inc?
Tongue River Electric Cooperative Inc is a rural electric cooperative based in Ashland, Montana. With approximately 2,839 members, this nonprofit organization supplies electrical power and utilities services to residents in the southeastern portion of the state. As a cooperative, their mission is to provide electrical energy and essential services to their members and patrons in this region. The cooperative employs a team of 21 individuals, ensuring the reliable delivery of electricity and other necessary utilities.
Official website here: www.tongueriverelectric.com
What are the reviews and ratings of this charity?
Tongue River Electric Cooperative Inc is currently not rated by Charity Navigator. The organization does not qualify for a rating because it is not registered as a 501(c)(3) nonprofit with the IRS, and Charity Navigator primarily evaluates these types of organizations. The lack of a rating is not inherently positive or negative but reflects limitations in the applicability of Charity Navigator's evaluation methods to this cooperative.
As it stands, the absence of details such as total revenue and expenses or salaries of key persons further constrains a comprehensive evaluation. The organization's independent status suggests autonomy in operations, which can be beneficial for localized decision-making and community-oriented efforts. However, the independent nature also means there is less standardized oversight commonly seen in larger networks.
No user reviews are found on GreatNonprofits for Tongue River Electric Cooperative Inc. Therefore, the community impact and public perceptions remain unassessed through this channel. This absence of feedback presents a neutral stance—neither commendation nor criticism—regarding the cooperative's community interactions and services.
This AI summary has been generated from information found on Charity Navigator.
Is Tongue River Electric Cooperative Inc legitimate?
Tongue River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tongue 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: $428,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,046
For more financial information, click here
Official website here: www.tongueriverelectric.com
What is the mission statement of Tongue River Electric Cooperative Inc?
Tongue River Electric Cooperative Inc is dedicated to providing electrical energy and essential services to its members and patrons, located in a rural area. The cooperative's primary mission is to ensure the delivery of electrical power and utilities to approximately 2,839 households in Montana. By focusing on rural communities in the southeastern portion of the state, Tongue River Electric Cooperative Inc aims to improve the quality of life for its members by providing them with reliable and essential electrical services. Additionally, the cooperative may engage in various initiatives to enhance the overall well-being of the communities it serves, though specific details are not provided in the information.
Official website here: www.tongueriverelectric.com
Who is the CEO of Tongue River Electric Cooperative Inc?
Tary Hanson is the General Manager of Tongue River Electric Cooperative Inc.
Official website here: www.tongueriverelectric.com
What is the revenue of Tongue River Electric Cooperative Inc?
Tongue River Electric Cooperative Inc's revenue in 2022 was $14,153,845.
Official website here: www.tongueriverelectric.com
Who are the executives of Tongue River Electric Cooperative Inc and what are their salaries?
The average compensation at Tongue River Electric Cooperative Inc during 2022 was $29,114. There are 21 employees at Tongue River Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Compensation: $7,962
- Related: $0
- Other: $0
- Compensation: $13,538
- Related: $0
- Other: $0
- Compensation: $4,225
- Related: $0
- Other: $0
- Compensation: $6,338
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $3,900
- Related: $0
- Other: $0
- Compensation: $4,550
- Related: $0
- Other: $0
- Compensation: $6,175
- Related: $0
- Other: $0
- Compensation: $5,850
- Related: $0
- Other: $0
- Compensation: $6,825
- Related: $0
- Other: $0
- Compensation: $147,379
- Related: $0
- Other: $67,395
- Compensation: $97,228
- Related: $0
- Other: $51,783
- Compensation: $111,701
- Related: $0
- Other: $0
- Compensation: $107,956
- Related: $0
- Other: $0
Official website here: www.tongueriverelectric.com
Where can I find the form 990 for Tongue River Electric Cooperative Inc?
Tongue River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tongueriverelectric.com
Learn more at the official website: www.tongueriverelectric.com
Mission Statement of Tongue River Electric Cooperative Inc
Tongue River Electric Cooperative Inc, a rural electric cooperative, is dedicated to providing electrical energy and essential services to around 2,839 members residing in the southeastern portion of Montana. The cooperative's primary mission is to ensure that its members in rural areas have reliable access to electricity, enabling them to improve their living conditions and build stronger communities.
In pursuit of this goal, Tongue River Electric Cooperative Inc goes beyond just supplying electricity. It is committed to delivering top-notch utilities services that cater to the unique needs of its members, ensuring they have access to the power they require to thrive. The cooperative's unwavering dedication to serving its members is reflected in its mission statement: "Rural Electric Cooperative Providing Electrical Energy and Services to Its Members and Patrons."
By supplying electrical power and utilities services, Tongue River Electric Cooperative Inc enables its members to lead more comfortable lives, empowering them to engage in various economic and social activities. The cooperative plays a crucial role in fostering rural development, creating opportunities for growth and prosperity in the southeastern region of Montana. The cooperative's commitment to its members ultimately leads to a stronger, more self-sufficient community, where electricity access is no longer a barrier to progress.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Tongue River Electric Cooperative Inc plays a vital role in enhancing the quality of life for its members located in rural Montana. By supplying electrical power and utility services to approximately 2,839 members, the cooperative ensures that residents and businesses in the southeastern portion of the state have reliable access to energy. This access fosters economic development, supports local agriculture, and empowers community growth.
The cooperative's commitment to providing essential services contributes to the overall welfare of the region, promoting sustainability, safety, and community engagement. By focusing on the needs of its members and the unique demands of rural living, Tongue River Electric Cooperative Inc helps bridge the gap between urban and rural energy access, underscoring its crucial impact on the lives it serves.
This information is meant to be a general summary of Tongue 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: $20,696
- Program Service Revenue: $13,253,731
- Gross Receipts: $14,153,845
Assets and Liabilities:
- Total Assets: $37,523,189
- Total Liabilities: $23,596,509
- Net Assets: $13,926,680
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UTILITIES & SERVICES
Revenue
$13,253,731
Organization Details
Founding Year
1946
Phone
(406) 784-2341Principal Officer
Tary Hanson
Main Address
PO BOX 138, ASHLAND, MT, 590030138
Website
www.tongueriverelectric.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Tongue River Electric Cooperative 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.