Overview
What is Northern Lights Incorporated?
Northern Lights Incorporated is a nonprofit organization situated in PO Box 269, Sagle, Idaho (83860). Their primary mission is to generate, distribute, and sell electric energy to more than 19,000 rural members across Northern Idaho, Western Montana, and Northeastern Washington state. With a commitment to offering cooperative electric service at the most affordable cost, they have a workforce of 74 employees dedicated to ensuring a reliable electricity supply.
Official website here: www.nli.coop
Is Northern Lights Incorporated legitimate?
Northern Lights Incorporated is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northern Lights Incorporated 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: $563,616
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,105,746
For more financial information, click here
Official website here: www.nli.coop
What is the mission statement of Northern Lights Incorporated?
Northern Lights Incorporated is dedicated to delivering electric service to over 19,000 rural members. Their mission is to offer affordable electric solutions on a cooperative basis. Through generating, distributing, and selling electric energy, they aim to provide power to their members across various regions. The focus is on ensuring the lowest possible costs to meet the energy needs of their community.
Official website here: www.nli.coop
Who is the CEO of Northern Lights Incorporated?
Steve Elgar is the President of Northern Lights Incorporated. The CEO's salary of Northern Lights Incorporated is $252,759 and their total compensation is $374,116.
Official website here: www.nli.coop
What is the revenue of Northern Lights Incorporated?
Northern Lights Incorporated's revenue in 2022 was $43,729,312.
Official website here: www.nli.coop
Who are the executives of Northern Lights Incorporated and what are their salaries?
The average compensation at Northern Lights Incorporated during 2022 was $63,099. There are 74 employees at Northern Lights Incorporated.
Here are 13 key members and their salaries (Northern Lights Incorporated's CEO's salary is $252,759 and their total compensation is $374,116):
- Compensation: $252,759
- Related: $0
- Other: $121,357
- Compensation: $185,665
- Related: $0
- Other: $87,506
- Compensation: $162,647
- Related: $0
- Other: $78,872
- Compensation: $161,477
- Related: $0
- Other: $73,459
- Compensation: $169,499
- Related: $0
- Other: $61,439
- Compensation: $158,527
- Related: $0
- Other: $60,685
- Compensation: $32,200
- Related: $0
- Other: $0
- Compensation: $28,600
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $27,600
- Related: $0
- Other: $0
- Compensation: $26,200
- Related: $0
- Other: $0
- Compensation: $25,800
- Related: $0
- Other: $0
- Compensation: $21,400
- Related: $0
- Other: $0
Official website here: www.nli.coop
Where can I find the form 990 for Northern Lights Incorporated?
Northern Lights Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nli.coop
Learn more at the official website: www.nli.coop
Mission Statement of Northern Lights Incorporated
Northern Lights Incorporated, a dedicated nonprofit organization, is committed to providing electric service to over 19,000 rural members in the most affordable way possible, working cooperatively. The mission of thisForward-thinking organization is geared towards generating, distributing, and selling electric energy to its members, spread across Northern Idaho, Western Montana, and Northeastern Washington state.
In simple terms, Northern Lights Incorporated strives to ensure that the essential electric needs of its vast rural community are met, while keeping costs low. The organization's unwavering dedication to its members is evident in its tireless efforts to bring sustainable and reliable electric energy to the often under-served areas it serves. By collaborating closely with its members, the organization aims to create a cohesive and cost-effective electric energy network that benefits everyone involved.
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Impact
October, 2024
Northern Lights Incorporated has a significant impact on the communities it serves by providing electric service to over 19,000 rural members across Northern Idaho, Western Montana, and Northeastern Washington state. By generating, distributing, and selling electric energy, the organization ensures that residents in these areas have reliable access to electricity, which is essential for both quality of life and economic development.
By focusing on cooperative principles, Northern Lights aims to offer electric service at the lowest possible cost, making energy more affordable for rural households and businesses. This commitment to public benefit fosters community resilience and supports local economies by ensuring that essential services are accessible. Moreover, their presence contributes to the infrastructure that allows for new opportunities, innovation, and growth in rural regions. Overall, the organization plays a crucial role in empowering rural communities by enhancing their energy independence and overall wellbeing.
This information is meant to be a general summary of Northern Lights Incorporated. 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: $55,451
- Program Service Revenue: $42,357,025
- Gross Receipts: $43,792,620
Assets and Liabilities:
- Total Assets: $99,237,939
- Total Liabilities: $37,432,317
- Net Assets: $61,805,622
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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
$42,246,372
Connect Fees/Service revenue
Revenue
$110,653
Organization Details
Founding Year
1935
Phone
(208) 263-5141Principal Officer
Steve Elgar
Main Address
PO Box 269, Sagle, ID, 83860
Website
www.nli.coopNTEE Category
Code: W80 - Public benefit
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