Clearwater Power Company

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

EIN: 820108745 ✦ Lewiston, ID ✦ Designated as a 501(c)(12)

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Overview

What is Clearwater Power Company?

Clearwater Power Company is a rural electric cooperative based in Lewiston, Idaho, with an address at 4230 Hatwai Rd, ZIP code 83501. The cooperative, with a team of 49 employees, is dedicated to delivering safe, dependable, and cost-effective energy and related services to its members. Their primary activity involves the distribution of electric power to ensure their consumers have uninterrupted access to essential energy resources.


Official website here: www.clearwaterpower.com

Is Clearwater Power Company legitimate?

Clearwater Power Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Clearwater Power Company 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: $1,173,407
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,515,325

For more financial information, click here


Official website here: www.clearwaterpower.com

What is the mission statement of Clearwater Power Company?

Clearwater Power Company is dedicated to delivering safe, dependable, and affordably-priced energy and related services to its cooperative members. The primary focus of this organization is the distribution of electric power to its consumer-members. By doing so, Clearwater Power Company ensures that its rural community remains connected and empowered with essential energy resources.


Official website here: www.clearwaterpower.com

Who is the CEO of Clearwater Power Company?

K David Hagen is the Coo of Clearwater Power Company. The CEO's salary of Clearwater Power Company is $242,305 and their total compensation is $359,918.


Official website here: www.clearwaterpower.com

What is the revenue of Clearwater Power Company?

Clearwater Power Company's revenue in 2022 was $24,119,097.


Official website here: www.clearwaterpower.com

Who are the executives of Clearwater Power Company and what are their salaries?

The average compensation at Clearwater Power Company during 2022 was $116,097. There are 49 employees at Clearwater Power Company.


Here are 16 key members and their salaries (Clearwater Power Company's CEO's salary is $242,305 and their total compensation is $359,918):


Bob Pierce (Coo)
  • Compensation: $182,189
  • Related: $0
  • Other: $196,280
K David Hagen (Ceo/General Mgr)
  • Compensation: $242,305
  • Related: $0
  • Other: $117,613
Clifford Miller (Foreman)
  • Compensation: $169,048
  • Related: $0
  • Other: $114,151
Lorrie Mccabe (Cfo)
  • Compensation: $162,035
  • Related: $0
  • Other: $112,685
Kevin Cromer (Foreman)
  • Compensation: $165,213
  • Related: $0
  • Other: $105,647
John Stanton (Foreman)
  • Compensation: $179,896
  • Related: $0
  • Other: $70,005
Clint Fowler (Serviceman)
  • Compensation: $175,180
  • Related: $0
  • Other: $54,365
Jacob Kidder (Lineman)
  • Compensation: $173,034
  • Related: $0
  • Other: $33,619
Thomas W Hutchinson (President)
  • Compensation: $27,400
  • Related: $1,000
  • Other: $0
Richard Eugene Butler (Vice President)
  • Compensation: $23,900
  • Related: $1,000
  • Other: $0
Jeffery Copeland (Asst Sec/Treas)
  • Compensation: $22,150
  • Related: $0
  • Other: $0
Ken Weiss (Director)
  • Compensation: $22,150
  • Related: $0
  • Other: $0
Alan C Lansing (Sec/Treas)
  • Compensation: $21,150
  • Related: $750
  • Other: $0
Robert Callison (Director)
  • Compensation: $20,900
  • Related: $0
  • Other: $0
Pamela Anderson (Asst Sec/Treas)
  • Compensation: $20,700
  • Related: $0
  • Other: $0
Paul Anderson (Director)
  • Compensation: $1,950
  • Related: $0
  • Other: $0


Official website here: www.clearwaterpower.com

Where can I find the form 990 for Clearwater Power Company?

Clearwater Power Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.clearwaterpower.com

Learn more at the official website: www.clearwaterpower.com

Mission Statement of Clearwater Power Company

Clearwater Power Company, a dedicated cooperative, is committed to delivering safe, dependable, and affordably-priced energy services to its membership base. The organization's primary objective revolves around providing electric power distribution, ensuring its members can access essential energy needs.

By choosing to prioritize safety, reliability, and cost-effectiveness, Clearwater Power Company stands out as a responsible provider in the energy sector. Its mission reaches beyond mere electric power distribution, extending to related services that cater to the unique requirements of its cooperative members.

The cooperative's unwavering dedication to its members is reflected in its significant activity – the provision of electric power distribution. This essential service empowers its members to lead productive and comfortable lives in their homes and communities. Clearwater Power Company's commitment to this mission has made it a trusted partner for its members, ensuring their energy needs are met with the highest standards of quality and dependability.

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Impact




October, 2024

Clearwater Power Company plays a crucial role in providing safe, reliable, and cost-effective energy to its cooperative members in rural Idaho. By focusing on electric power distribution, the company helps ensure that households and businesses in the region have access to essential energy services. This not only supports local economies but also enhances the quality of life for residents by enabling access to modern conveniences and technologies.

The cooperative's commitment to its members fosters a sense of community, as it prioritizes the needs and welfare of the people it serves. Clearwater Power Company focuses on delivering both electricity and related services, ensuring that its members receive comprehensive support tailored to their energy needs. By operating with a mission centered on public benefit, the organization contributes positively to the region's social and economic development, ultimately empowering its members and enhancing their overall well-being.




This information is meant to be a general summary of Clearwater Power Company. 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
$24,119,097 (2022)
Expenses
$24,119,097 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $139,873
  • Program Service Revenue: $23,859,902
  • Gross Receipts: $24,193,310

Assets and Liabilities:

  • Total Assets: $72,510,101
  • Total Liabilities: $38,975,849
  • Net Assets: $33,534,252

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Programs

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

CAPITAL CREDITS

Revenue

$165,824

ELECTRIC POWER SALES

Revenue

$23,528,527

POLE RENTAL

Revenue

$165,551

Organization Details

Founding Year

1937

Principal Officer

K David Hagen

Main Address

4230 HATWAI RD, LEWISTON, ID, 83501

NTEE Category

Code: W80 - Public benefit

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