Overview
What is Lost River Electric Cooperative Inc?
Lost River Electric Cooperative Inc is a nonprofit entity situated in the Lost River Valley. Its primary mission is to distribute electricity, ensuring a reliable power supply to the local community. Beyond this fundamental role, the cooperative also offers various electricity distribution programs, aiming to enhance the overall energy infrastructure of the area.
Official website here: www.lostriverelectriccoopinc.com
Is Lost River Electric Cooperative Inc legitimate?
Lost River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lost River 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: $118,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,160,779
For more financial information, click here
Official website here: www.lostriverelectriccoopinc.com
What is the mission statement of Lost River Electric Cooperative Inc?
Lost River Electric Cooperative Inc. primarily focuses on distributing electricity to the Lost River Valley. Beyond this, the cooperative is committed to offering electricity distribution programs. Its mission can be summarized as serving the energy needs of the Lost River Valley community, ensuring reliable and accessible power supply. The cooperative strives to promote energy efficiency, sustainability, and community development through its programs. While its primary goal is power distribution, it also aims to contribute positively to the surrounding community's overall well-being.
Official website here: www.lostriverelectriccoopinc.com
Who is the CEO of Lost River Electric Cooperative Inc?
Brad Gamett is the Ceo of Lost River Electric Cooperative Inc. The CEO's salary of Lost River Electric Cooperative Inc is $155,040 and their total compensation is $250,158.
Official website here: www.lostriverelectriccoopinc.com
What is the revenue of Lost River Electric Cooperative Inc?
Lost River Electric Cooperative Inc's revenue in 2022 was $7,197,518.
Official website here: www.lostriverelectriccoopinc.com
Who are the executives of Lost River Electric Cooperative Inc and what are their salaries?
The average compensation at Lost River Electric Cooperative Inc during 2022 was $58,132. There are 22 employees at Lost River Electric Cooperative Inc.
Here are 15 key members and their salaries (Lost River Electric Cooperative Inc's CEO's salary is $155,040 and their total compensation is $250,158):
- Compensation: $155,040
- Related: $0
- Other: $95,118
- Compensation: $121,701
- Related: $0
- Other: $79,818
- Compensation: $110,631
- Related: $0
- Other: $74,729
- Compensation: $108,695
- Related: $0
- Other: $73,660
- Compensation: $104,445
- Related: $0
- Other: $71,792
- Compensation: $14,223
- Related: $0
- Other: $0
- Compensation: $14,174
- Related: $0
- Other: $0
- Compensation: $14,174
- Related: $0
- Other: $0
- Compensation: $13,411
- Related: $0
- Other: $0
- Compensation: $13,318
- Related: $0
- Other: $0
- Compensation: $12,922
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,897
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
Official website here: www.lostriverelectriccoopinc.com
Where can I find the form 990 for Lost River Electric Cooperative Inc?
Lost River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lostriverelectriccoopinc.com
Learn more at the official website: www.lostriverelectriccoopinc.com
Mission Statement of Lost River Electric Cooperative Inc
Lost River Electric Cooperative Inc, a notable entity in its field, is dedicated to distributing power to the Lost River Valley. This mission extends beyond mere power distribution; the cooperative also offers electricity distribution programs. By undertaking these initiatives, Lost River Electric Cooperative Inc plays a significant role in ensuring the region's power needs are met, thereby contributing to the overall well-being and functionality of the communities it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lost River Electric Cooperative Inc plays a vital role in the community by distributing power to the Lost River Valley, ensuring that residents and businesses have reliable access to electricity. By operating in Mackay, Idaho, the cooperative addresses the unique energy needs of the region, fostering economic growth and enhancing the quality of life for its members.
In addition to providing electricity, Lost River Electric Cooperative offers various electricity distribution programs that contribute to energy efficiency and sustainability. This commitment to serving the Lost River Valley not only strengthens community ties but also supports local initiatives aimed at improving public benefit and enhancing residents' day-to-day experiences. Overall, the cooperative's impact is significant in promoting energy access and supporting the vitality of the area.
This information is meant to be a general summary of Lost River 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $38,278
- Program Service Revenue: $7,159,240
- Gross Receipts: $7,197,518
Assets and Liabilities:
- Total Assets: $11,694,914
- Total Liabilities: $2,086,733
- Net Assets: $9,608,181
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$41,801
POWER SALES
Revenue
$7,117,439
Organization Details
Founding Year
1939
Phone
(208) 588-3311Principal Officer
Brad Gamett
Main Address
PO BOX 420, MACKAY, ID, 83251
NTEE Category
Code: W80 - Public benefit
If you are a representative of Lost River Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.