Raft River Rural Electric Cooperative Inc

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

EIN: 820157233 ✦ Malta, ID ✦ Designated as a 501(c)(12)

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Overview

What is Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc, located in Malta, Idaho, is a nonprofit organization dedicated to purchasing and providing electric energy to its members. With a team of 32 employees, their mission is to significantly improve the lives of their communities by ensuring the delivery of safe, dependable, and economical energy, alongside exceptional member services.


Official website here: www.rrelectric.com

Is Raft River Rural Electric Cooperative Inc legitimate?

Raft River Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Raft River Rural 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: $360,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,384,742

For more financial information, click here


Official website here: www.rrelectric.com

What is the mission statement of Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc strives to enhance the lives of its members by providing them with safe, reliable, and cost-effective energy. The cooperative is committed to exceptional member service, going above and beyond to meet the energy needs of its community. Through its operations, it purchases and delivers electric energy to its members, ensuring a consistent power supply. By focusing on safety, reliability, and affordability, the cooperative aims to contribute positively to the well-being of its community.


Official website here: www.rrelectric.com

Who is the CEO of Raft River Rural Electric Cooperative Inc?

John Campbell is the General Manager of Raft River Rural Electric Cooperative Inc.


Official website here: www.rrelectric.com

What is the revenue of Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc's revenue in 2022 was $21,069,285.


Official website here: www.rrelectric.com

Who are the executives of Raft River Rural Electric Cooperative Inc and what are their salaries?

The average compensation at Raft River Rural Electric Cooperative Inc during 2022 was $85,786. There are 32 employees at Raft River Rural Electric Cooperative Inc.


Here are 13 key members and their salaries:


Chad Black (General Manager)
  • Compensation: $204,019
  • Related: $0
  • Other: $83,611
Andrea Scott (Finance & Accounting Manager)
  • Compensation: $143,564
  • Related: $0
  • Other: $60,255
Kenneth Loughmiller (Line Foreman)
  • Compensation: $136,250
  • Related: $0
  • Other: $60,338
Richard Hall (System Engineer)
  • Compensation: $129,819
  • Related: $0
  • Other: $64,152
Tracy Bankhead (Line Foreman)
  • Compensation: $130,319
  • Related: $0
  • Other: $60,325
Dallan Spencer (Line Superintendent)
  • Compensation: $127,650
  • Related: $0
  • Other: $62,267
Larry Henson (Board Member)
  • Compensation: $12,600
  • Related: $0
  • Other: $0
Krinn Mccoy (Vice Pesident)
  • Compensation: $11,550
  • Related: $0
  • Other: $0
John Campbell (President)
  • Compensation: $10,800
  • Related: $0
  • Other: $0
Jason Harper (Secretary)
  • Compensation: $10,775
  • Related: $0
  • Other: $0
Lindsey Manning (Board Member)
  • Compensation: $9,650
  • Related: $0
  • Other: $0
Sherrie Erickson (Board Member)
  • Compensation: $9,550
  • Related: $0
  • Other: $0
Blaine Tanner (Board Member)
  • Compensation: $7,850
  • Related: $0
  • Other: $0


Official website here: www.rrelectric.com

Where can I find the form 990 for Raft River Rural Electric Cooperative Inc?

Raft River Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rrelectric.com

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

Mission Statement of Raft River Rural Electric Cooperative Inc

Raft River Rural Electric Cooperative Inc, a dedicated organization, strives to improve the lives of its members and communities by ensuring they have access to safe, dependable, and cost-effective energy, as well as exceptional member service. The cooperative is committed to this mission, which is twofold: first, providing essential electric energy to its members, and second, offering superior customer service. By doing so, Raft River Rural Electric Cooperative Inc works to enhance the overall quality of life for those it serves.

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Impact




October, 2024

Raft River Rural Electric Cooperative Inc significantly impacts its members and surrounding communities by delivering safe, reliable, and cost-effective energy. By purchasing and providing electric energy, the cooperative enhances the quality of life for its members, ensuring that they have access to the essential services needed for everyday living.

The emphasis on exceptional member service not only fosters a sense of community but also strengthens the relationship between the cooperative and its members. Through its operations in Malta, Idaho, Raft River Rural Electric Cooperative contributes to local economic stability, supports community development, and promotes sustainable energy practices, ultimately enriching the lives of those it serves.




This information is meant to be a general summary of Raft River Rural 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
$21,069,285 (2022)
Expenses
$20,897,399 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $157,301
  • Program Service Revenue: $20,897,399
  • Gross Receipts: $21,183,940

Assets and Liabilities:

  • Total Assets: $56,601,572
  • Total Liabilities: $15,586,162
  • Net Assets: $41,015,410

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Programs

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

ELECTRIC REVENUE

Revenue

$20,897,399

Organization Details

Founding Year

1939

Principal Officer

John Campbell

Main Address

PO BOX 617, MALTA, ID, 83342

NTEE Category

Code: W80 - Public benefit

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