Overview
What is Central Montana Electric Cooperativ?
Central Montana Electric Cooperativ is a nonprofit organization situated in Great Falls, Montana. With a single employee, their primary mission is to provide wholesale electrical power to eight rural electric cooperatives. They serve as a crucial energy provider, ensuring the continuity of power supply to these cooperatives, thereby supporting the rural communities they serve. Their operations are based at 501 Bay Drive, Great Falls, MT 59404.
Is Central Montana Electric Cooperativ legitimate?
Central Montana Electric Cooperativ is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Montana Electric Cooperativ 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: $258,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Central Montana Electric Cooperativ?
The Central Montana Electric Cooperative's mission is centered around supplying wholesale electrical power to eight rural electric cooperatives. This mission is a crucial part of their operations, ensuring a steady supply of electricity to these cooperatives. Two of the cooperatives do not purchase power directly from Central Montana Electric Cooperative, but they still benefit from the power supply chain. This mission underscores the cooperative's role as a vital energy provider to rural communities.
Who is the CEO of Central Montana Electric Cooperativ?
Doug Hardy is the Manager of Central Montana Electric Cooperativ.
What is the revenue of Central Montana Electric Cooperativ?
Central Montana Electric Cooperativ's revenue in 2022 was $6,737,063.
Who are the executives of Central Montana Electric Cooperativ and what are their salaries?
The average compensation at Central Montana Electric Cooperativ during 2022 was $258,390. There is 1 employee at Central Montana Electric Cooperativ.
Here are 9 key members and their salaries:
- Compensation: $269,149
- Related: $0
- Other: $0
- Compensation: $7,950
- Related: $0
- Other: $0
- Compensation: $4,050
- Related: $0
- Other: $0
- Compensation: $3,900
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
Where can I find the form 990 for Central Montana Electric Cooperativ?
Central Montana Electric Cooperativ's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Montana Electric Cooperativ
Central Montana Electric Cooperativ, in its mission, focuses on providing wholesale power to eight rural electric cooperatives. This nonprofit organization plays a crucial role in ensuring a reliable source of electrical power for these cooperatives. With two of its members not engaged in purchasing power, Central Montana Electric Cooperativ assumes a significant responsibility in facilitating energy provision in rural areas. Its purpose is to serve as a power supplier, thereby contributing to the sustainability and growth of these cooperatives.
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Impact
October, 2024
Central Montana Electric Cooperative plays a crucial role in delivering wholesale electrical power to eight rural electric cooperatives in Montana. By ensuring a reliable supply of electricity, it empowers these cooperatives to serve their communities effectively, fostering economic growth and improving the quality of life for residents in rural areas.
The cooperative's mission emphasizes its commitment to providing access to energy resources, which is vital for various local industries, businesses, and households. This steady supply of power supports essential services and contributes to the overall sustainability and resilience of rural economies. Moreover, Central Montana Electric Cooperative's efforts enhance public benefit by promoting energy accessibility and affordability, ultimately helping to bridge the gap between urban and rural electrification.
This information is meant to be a general summary of Central Montana Electric Cooperativ. 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: $106,752
- Program Service Revenue: $3,323,874
- Gross Receipts: $6,737,063
Assets and Liabilities:
- Total Assets: $37,816,409
- Total Liabilities: $5,842,175
- Net Assets: $31,974,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BILL CREDITS
Revenue
$2,990,109
GREEN TAG SALES
Revenue
$333,765
Organization Details
Phone
(406) 268-1211Principal Officer
Doug Hardy
Main Address
501 BAY DRIVE, GREAT FALLS, MT, 59404
NTEE Category
Code: W80 - Public benefit
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