Overview
What is Salmon River Electric Cooperative Inc?
Salmon River Electric Cooperative Inc is a nonprofit organization located in Challis, Idaho. Primarily, they procure and distribute electric energy to their members residing in parts of Custer, Blaine, and Lemhi counties in Idaho. With a dedicated workforce of 15 individuals, the cooperative is committed to providing reliable electric distribution and transmission services to its community members. The organization's mission is to serve its members effectively, ensuring they have a consistent supply of electricity for their daily needs.
Official website here: www.srec.org
Is Salmon River Electric Cooperative Inc legitimate?
Salmon River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Salmon 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: $492,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $971,353
For more financial information, click here
Official website here: www.srec.org
What is the mission statement of Salmon River Electric Cooperative Inc?
The mission of Salmon River Electric Cooperative Inc, as stated, is focused on providing electric distribution and transmission services to its members in specific areas of Idaho, namely Custer, Blaine, and Lemhi counties. In essence, the cooperative works towards ensuring a reliable supply of electric energy to its members, serving as their primary electricity provider.
Official website here: www.srec.org
Who is the CEO of Salmon River Electric Cooperative Inc?
Ken Dizes is the General Manager of Salmon River Electric Cooperative Inc.
Official website here: www.srec.org
What is the revenue of Salmon River Electric Cooperative Inc?
Salmon River Electric Cooperative Inc's revenue in 2022 was $7,462,144.
Official website here: www.srec.org
Who are the executives of Salmon River Electric Cooperative Inc and what are their salaries?
The average compensation at Salmon River Electric Cooperative Inc during 2022 was $97,614. There are 15 employees at Salmon River Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Compensation: $205,201
- Related: $0
- Other: $90,951
- Compensation: $123,441
- Related: $0
- Other: $57,308
- Compensation: $111,301
- Related: $0
- Other: $55,494
- Compensation: $108,055
- Related: $0
- Other: $48,387
- Compensation: $109,053
- Related: $0
- Other: $38,928
- Compensation: $98,683
- Related: $0
- Other: $39,778
- Compensation: $104,520
- Related: $0
- Other: $32,081
- Compensation: $9,937
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $8,450
- Related: $0
- Other: $0
- Compensation: $7,450
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
Official website here: www.srec.org
Where can I find the form 990 for Salmon River Electric Cooperative Inc?
Salmon River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.srec.org
Learn more at the official website: www.srec.org
Mission Statement of Salmon River Electric Cooperative Inc
Salmon River Electric Cooperative Inc, as a mission-driven organization, focuses on providing essential electric distribution and transmission services to its members residing in parts of Custer, Blaine, and Lemhi Counties in Idaho. The cooperative's primary objective is to ensure a consistent and reliable supply of electricity to its member base. By procuring and distributing electrical energy, Salmon River Electric Cooperative Inc plays a pivotal role in powering the daily lives and activities of its community members. This mission underscores the cooperative's commitment to serving its members and contributing to the overall well-being of the communities it serves.
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Impact
October, 2024
Salmon River Electric Cooperative Inc plays a crucial role in delivering essential electric distribution and transmission services to residents and businesses in parts of Custer, Blaine, and Lemhi counties in Idaho. By purchasing and providing reliable electric energy, the cooperative ensures that its members have access to the power necessary for daily living, community activities, and economic growth.
The cooperative's services support local infrastructure and promote stability in energy access, which is vital for various sectors, including agriculture, small businesses, and home-based activities. Additionally, by focusing on member needs, Salmon River Electric fosters a sense of community and encourages sustainable practices, contributing to the well-being of the area it serves. Overall, its impact extends beyond energy provision, enhancing quality of life and supporting the regional economy.
This information is meant to be a general summary of Salmon 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: $268,950
- Program Service Revenue: $7,169,194
- Gross Receipts: $7,462,144
Assets and Liabilities:
- Total Assets: $21,503,931
- Total Liabilities: $8,727,372
- Net Assets: $12,776,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICITY SALES
Revenue
$7,134,581
OTHER ELECTRIC REVENUE
Revenue
$34,613
Organization Details
Founding Year
1948
Principal Officer
Ken Dizes
Main Address
PO BOX 384, CHALLIS, ID, 83226
Website
www.srec.orgNTEE Category
Code: W80 - Public benefit
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