Lincoln Electric Cooperative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810228361 ✦ Eureka, MT ✦ Designated as a 501(c)(12)

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Overview

What is Lincoln Electric Cooperative Inc?

Lincoln Electric Cooperative Inc is a Montana-based nonprofit organization dedicated to providing electrical power and services to approximately 5,100 members in portions of Lincoln and Flathead counties. With a workforce of 30 employees, the cooperative's mission is to ensure reliable and efficient electricity distribution to its rural community. The organization plays a crucial role in meeting the energy demands of its members, ensuring their access to essential electrical services.


Official website here: www.lincolnelectric.coop

What are the reviews and ratings of this charity?

The Lincoln Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating indicates that the organization has not been evaluated, rather than reflecting any positive or negative assessment. Charity Navigator is unable to provide a rating due to the lack of an Accountability & Finance beacon or an Impact & Measurement beacon for this entity.

Lincoln Electric Cooperative Inc is classified as an Independent organization, and is not a 501(c)(3) registered nonprofit, which limits its eligibility for certain evaluations. This affects its ability to be reviewed under various criteria such as Leadership & Adaptability, Culture & Community, and Impact & Measurement. Additionally, there is no available data on its total revenue, expenses, or the salary of key persons.

No user reviews are available on GreatNonprofits for Lincoln Electric Cooperative Inc, so further public sentiment feedback cannot be provided at this time.


This AI summary has been generated from information found on Charity Navigator.

Is Lincoln Electric Cooperative Inc legitimate?

Lincoln Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lincoln 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: $487,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,676,560

For more financial information, click here


Official website here: www.lincolnelectric.coop

What is the mission statement of Lincoln Electric Cooperative Inc?

Lincoln Electric Cooperative Inc is a cooperative dedicated to delivering electrical power and related services to its membership. Established with the goal of bringing electricity to rural communities, the cooperative now serves over 4,600 members in Montana. The cooperative's mission is to provide reliable and essential electrical services to its members, ensuring their homes and businesses have access to electricity for daily life. Through the distribution of electricity, the cooperative empowers its members to thrive in their communities. The cooperative's efforts focus on maintaining a robust electrical infrastructure and responsive customer service to meet the needs of its membership.


Official website here: www.lincolnelectric.coop

Who is the CEO of Lincoln Electric Cooperative Inc?

Michelle Wilbur is the General Manager of Lincoln Electric Cooperative Inc.


Official website here: www.lincolnelectric.coop

What is the revenue of Lincoln Electric Cooperative Inc?

Lincoln Electric Cooperative Inc's revenue in 2022 was $14,792,877.


Official website here: www.lincolnelectric.coop

Who are the executives of Lincoln Electric Cooperative Inc and what are their salaries?

The average compensation at Lincoln Electric Cooperative Inc during 2022 was $105,476. There are 30 employees at Lincoln Electric Cooperative Inc.


Here are 16 key members and their salaries:


Telly Stanger (General Manager)
  • Compensation: $170,733
  • Related: $0
  • Other: $68,936
Stanley Williams (Mgr Of Ops & Engin)
  • Compensation: $134,192
  • Related: $0
  • Other: $61,034
Ed Sutherland (Foreman)
  • Compensation: $134,215
  • Related: $0
  • Other: $43,853
Michelle Wilbur (Cfo)
  • Compensation: $116,501
  • Related: $0
  • Other: $54,294
Ryan Cameron (Lineman)
  • Compensation: $120,457
  • Related: $0
  • Other: $41,009
Dawson Mccully (Lineman)
  • Compensation: $120,249
  • Related: $0
  • Other: $40,911
Brendan Nichols (Lineman)
  • Compensation: $122,188
  • Related: $0
  • Other: $11,409
Marianne Roose (Trustee)
  • Compensation: $15,150
  • Related: $0
  • Other: $0
Tina Taurman (President)
  • Compensation: $13,800
  • Related: $0
  • Other: $0
Michael Garner (Secre/Treasurer)
  • Compensation: $10,500
  • Related: $0
  • Other: $0
Rebecca Evins (Vice President)
  • Compensation: $8,850
  • Related: $0
  • Other: $0
Sandra Mason (Trustee)
  • Compensation: $8,850
  • Related: $0
  • Other: $0
Rick Peterson (Trustee)
  • Compensation: $7,650
  • Related: $0
  • Other: $0
Ethel White (Trustee)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Joel Graves (Trustee)
  • Compensation: $3,450
  • Related: $0
  • Other: $0
Myra Appel (Trustee)
  • Compensation: $3,000
  • Related: $0
  • Other: $0


Official website here: www.lincolnelectric.coop

Where can I find the form 990 for Lincoln Electric Cooperative Inc?

Lincoln Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lincolnelectric.coop

Learn more at the official website: www.lincolnelectric.coop

Mission Statement of Lincoln Electric Cooperative Inc

Lincoln Electric Cooperative Inc, a rural electric cooperative, is dedicated to supplying electrical power and essential services to around 5,100 members residing in portions of Montana. Established with a mission to power communities, this cooperative channels its resources towards delivering electricity to its members in a responsible and efficient manner.

In Montana, Lincoln Electric Cooperative Inc stands as a beacon of energy provision, ensuring that its members in Lincoln and Flathead counties can access reliable electrical power. By focusing on the unique needs of its members, the cooperative goes beyond merely distributing electricity. It strives to create a sustainable energy infrastructure that enhances the quality of life for those it serves.

The cooperative's commitment to its members is reflected in its daily operations. It works diligently to maintain and upgrade its infrastructure, ensuring that the power supply remains uninterrupted and consistent. Furthermore, Lincoln Electric Cooperative Inc is more than just an energy provider; it is a partner in the development of its communities. Through various initiatives and collaborations, the cooperative aims to contribute positively to the growth and progress of the regions it serves.

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Impact




October, 2024

Lincoln Electric Cooperative Inc significantly impacts its community by delivering reliable electrical power and essential services to over 4,600 members in Lincoln and Flathead counties of Montana. With a focus on rural areas, the cooperative plays a crucial role in ensuring that residents have access to electricity, which is vital for both daily living and economic development. By prioritizing the needs of its members, Lincoln Electric Cooperative promotes public benefit and fosters community growth, enhancing the quality of life in the region. The cooperative's commitment to its members helps stimulate local economies, supports local initiatives, and improves overall energy sustainability in the area.




This information is meant to be a general summary of Lincoln 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.

Revenue
$14,792,877 (2022)
Expenses
$13,616,655 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $135,380
  • Program Service Revenue: $13,016,735
  • Gross Receipts: $16,457,635

Assets and Liabilities:

  • Total Assets: $35,721,236
  • Total Liabilities: $22,139,638
  • Net Assets: $13,581,598

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Electricity sales

Revenue

$12,957,800

Other electric revenue

Revenue

$58,935

Organization Details

Founding Year

1948

Principal Officer

Michelle Wilbur

Main Address

PO Box 628, Eureka, MT, 59917

NTEE Category

Code: W80 - Public benefit

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