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: $1,407,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,500,573
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 CEO of Clearwater Power Company The CEO's salary of Clearwater Power Company is $307,230 and their total compensation is $414,283.
Official website here: www.clearwaterpower.com
What is the revenue of Clearwater Power Company?
Clearwater Power Company's revenue in 2023 was $24,194,411.
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 2023 was $125,712. There are 47 employees at Clearwater Power Company.
Here are 16 key members and their salaries (Clearwater Power Company's CEO's salary is $307,230 and their total compensation is $414,283):
- Compensation: $307,230
- Related: $0
- Other: $107,053
- Compensation: $191,436
- Related: $0
- Other: $168,528
- Compensation: $179,625
- Related: $0
- Other: $104,026
- Compensation: $180,182
- Related: $0
- Other: $85,506
- Compensation: $175,613
- Related: $0
- Other: $65,416
- Compensation: $169,917
- Related: $0
- Other: $59,358
- Compensation: $179,637
- Related: $0
- Other: $38,831
- Compensation: $170,940
- Related: $0
- Other: $46,852
- Compensation: $159,152
- Related: $0
- Other: $42,997
- Compensation: $27,150
- Related: $1,250
- Other: $0
- Compensation: $25,400
- Related: $0
- Other: $0
- Compensation: $24,650
- Related: $0
- Other: $0
- Compensation: $23,650
- Related: $0
- Other: $0
- Compensation: $21,900
- Related: $1,000
- Other: $0
- Compensation: $21,650
- Related: $1,250
- Other: $0
- Compensation: $21,400
- 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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $173,845
- Program Service Revenue: $23,990,650
- Gross Receipts: $24,258,681
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
$142,405
ELECTRIC POWER SALES
Revenue
$23,679,601
POLE RENTAL
Revenue
$168,644
Organization Details
Founding Year
1937
Principal Officer
K David Hagen
Website
www.clearwaterpower.comNTEE Category
Code: W80 - Public benefit
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