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

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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

What are the reviews and ratings of this charity?

Kootenai Electric Cooperative Inc is not currently rated by Charity Navigator. This absence of a rating is not indicative of the organization's performance but highlights the nonprofit's classification and rating limitations on Charity Navigator's platform. Specifically, as Kootenai Electric Cooperative Inc is not a 501(c)(3) organization, it cannot be evaluated using standard methodologies like Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability.

Due to its different tax-exempt status, typical financial data such as revenue, expenses, and key salaries are not available, adding to the challenges of assessing its organizational effectiveness under Charity Navigator’s criteria. The Cooperative also operates independently, as identified in its foundation and affiliation status codes, suggesting that it may not follow the same frameworks as other nonprofits.

No user reviews were found on GreatNonprofits, reflecting an absence of public feedback or engagement, either positive or negative, on that platform for Kootenai Electric Cooperative Inc. This lack of commentary can limit potential donors’ insights into the organization’s community impact and stakeholder perception.


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

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 tax deductible.


Heare 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):


William Swick (Chairperson)
  • Compensation: $36,202
  • Related: $0
  • Other: $0
Tim Meyer (Vice Chairperson)
  • Compensation: $28,852
  • Related: $0
  • Other: $0
Roger Tinkey (Director)
  • Compensation: $27,102
  • Related: $0
  • Other: $0
David Bobbitt (Director)
  • Compensation: $7,127
  • Related: $0
  • Other: $20,500
James Robbins (Director)
  • Compensation: $36,289
  • Related: $0
  • Other: $0
Todd Hoffman (Director)
  • Compensation: $7,127
  • Related: $0
  • Other: $20,500
Crystal Musselman (Director)
  • Compensation: $7,656
  • Related: $0
  • Other: $20,496
Douglas Elliot (General Manager/Ceo)
  • Compensation: $299,687
  • Related: $0
  • Other: $223,165
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
Keith Gednalske (Foreman)
  • Compensation: $190,342
  • Related: $0
  • Other: $113,569
Diane Griswold (Vp Human Resource)
  • Compensation: $174,489
  • Related: $0
  • Other: $106,082
Julie Turbin (Vp Ops & Ops Services)
  • Compensation: $178,242
  • Related: $0
  • Other: $236,896
Ryan Vandewerker (Electrotech)
  • Compensation: $182,372
  • Related: $0
  • Other: $80,602


Official website here: www.kec.com

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

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.

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Impact




October, 2024

Kootenai Electric Cooperative Inc significantly impacts its community by delivering reliable electric service to approximately 27,500 member-owners. Based in Rathdrum, Idaho, the cooperative focuses on providing dependable power and exceptional service at competitive rates. This commitment not only ensures that members have access to essential energy resources but also fosters economic stability within the region. By prioritizing the needs of its member-owners, Kootenai Electric Cooperative enhances the overall quality of life in the communities it serves, contributing to both individual well-being and collective progress.




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.


Financials

This financial information is from Propublica.

Revenue
$60,097,457 (2022)
Expenses
$62,113,343 (2022)
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

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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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