Kootenai Electric Cooperative Inc

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

EIN: 820136983 ✦ Rathdrum, ID ✦ Designated as a 501(c)(12)

Overview

What is Kootenai Electric Cooperative Inc?

Kootenai Electric Cooperative Inc, a member-owned electric utility, is based at 9014 W Lancaster Rd, Rathdrum, ID 83858. With a team of 129 dedicated employees, this cooperative provides reliable electric service to approximately 27,500 members. Their mission is to ensure dependable electric power and exceptional service at competitive rates for their member-owners in Idaho.


Official website here: www.kec.com

Is Kootenai Electric Cooperative Inc legitimate?

Kootenai Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kootenai 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $901,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,452,671

For more financial information, click here


Official website here: www.kec.com

What is the mission statement of Kootenai Electric Cooperative Inc?

Kootenai Electric Cooperative Inc is a member-owned electric utility committed to providing dependable electric power and exceptional service to its approximately 27,500 members. The cooperative's mission is centered around ensuring reliable electricity and delivering outstanding service to its members at competitive rates. By focusing on member needs, Kootenai Electric Cooperative, Inc. aims to build and maintain trust and satisfaction within its community.


Official website here: www.kec.com

Who is the CEO of Kootenai Electric Cooperative Inc?

Douglas Elliott is the General Manager/Ceo of Kootenai Electric Cooperative Inc. The CEO's salary of Kootenai Electric Cooperative Inc is $299,687 and their total compensation is $522,852.


Official website here: www.kec.com

What is the revenue of Kootenai Electric Cooperative Inc?

Kootenai Electric Cooperative Inc's revenue in 2022 was $60,097,457.


Official website here: www.kec.com

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

The average compensation at Kootenai Electric Cooperative Inc during 2022 was $95,768. There are 129 employees at Kootenai Electric Cooperative Inc.

Here are 14 key members and their salaries (Kootenai Electric Cooperative Inc's CEO's salary is $299,687 and their total compensation is $522,852):

    Douglas Elliot (General Manager/Ceo)
  • Compensation: $299,687
  • Related: $0
  • Other: $223,165

    • Julie Turbin (Vp Ops & Ops Services)
  • Compensation: $178,242
  • Related: $0
  • Other: $236,896

    • Keith Gednalske (Foreman)
  • Compensation: $190,342
  • Related: $0
  • Other: $113,569

    • Diane Griswold (Vp Human Resource)
  • Compensation: $174,489
  • Related: $0
  • Other: $106,082

    • Ryan Vandewerker (Electrotech)
  • Compensation: $182,372
  • Related: $0
  • Other: $80,602

    • Reed Christensen (Vp Accounting/Finance & It/Cfo)
  • Compensation: $174,638
  • Related: $0
  • Other: $80,552

    • Benjamin Cook (Journeyman Service Lineman)
  • Compensation: $167,062
  • Related: $0
  • Other: $86,989

    • James Robbins (Director)
  • Compensation: $36,289
  • Related: $0
  • Other: $0

    • William Swick (Chairperson) [Trustee/Director]
  • Compensation: $36,202
  • Related: $0
  • Other: $0

    • Tim Meyer (Vice Chairperson) [Trustee/Director]
  • Compensation: $28,852
  • Related: $0
  • Other: $0

    • Crystal Musselman (Director)
  • Compensation: $7,656
  • Related: $0
  • Other: $20,496

    • David Bobbitt (Director)
  • Compensation: $7,127
  • Related: $0
  • Other: $20,500

    • Todd Hoffman (Director)
  • Compensation: $7,127
  • Related: $0
  • Other: $20,500

    • Roger Tinkey (Director)
  • Compensation: $27,102
  • Related: $0
  • Other: $0


  • Official website here: www.kec.com

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

    The Kootenai Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kec.com

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

    Mission Statement of Kootenai Electric Cooperative Inc

    Kootenai Electric Cooperative Inc, a member-owned electric utility, is dedicated to delivering dependable electric power and exceptional service to its approximately 27,500 members at competitive rates. The cooperative places a strong emphasis on providing reliable electricity to its community, ensuring that homes and businesses have consistent access to this essential resource.

    Beyond supplying electricity, Kootenai Electric Cooperative Inc prides itself on delivering exceptional service to its members. By offering competitive rates, the cooperative aims to make electricity affordable for all, enabling its members to manage their energy costs effectively. The cooperative's commitment to its members extends beyond just electricity, as it strives to build lasting relationships and foster a sense of community among its members.

    By prioritizing dependability and exceptional service, Kootenai Electric Cooperative Inc distinguishes itself as a trusted partner in the energy landscape. Through its member-owned structure, the cooperative empowers its members to have a voice in the organization's operations, fostering a sense of ownership and collaboration that strengthens the cooperative's mission. With a focus on delivering reliable electricity and exceptional service, Kootenai Electric Cooperative Inc continues to serve as a vital resource for its members, powering their homes and businesses with the energy they need to thrive.

    Impact

    This information is meant to be a general summary of Kootenai Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Kootenai Electric Cooperative Inc impacts its community by providing dependable electric power and exceptional service at competitive rates to approximately 27,500 members. This ensures that residents and businesses in the Rathdrum area of Idaho have access to reliable electricity to power their homes and operations, contributing to their quality of life and economic activity. Through its mission to provide dependable electric power and exceptional service, Kootenai Electric Cooperative Inc plays a vital role in supporting the well-being and progress of its members and the community as a whole.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $431,985
  • Program Service Revenue: $57,923,391
  • Gross Receipts: $60,417,265

    • Assets and Liabilities:
  • Total Assets: $242,059,488
  • Total Liabilities: $156,161,124
  • Net Assets: $85,898,364
  • Programs

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

    ELECTRIC ENERGY SALES

    Revenue

    $57,660,987

    POLE RENTAL INCOME

    Revenue

    $262,404

    Organization Details

    Founding Year

    1938

    Principal Officer

    Douglas Elliott

    Main Address

    9014 W LANCASTER RD, RATHDRUM, ID, 83858

    NTEE Category

    Code: W80 - Public benefit

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