Overview
What is Snake River Power Assocation Inc?
Snake River Power Association Inc, situated in Burley, Idaho, functions as a public utility. Its primary objective is centered around debt service, specifically for electrical cooperatives. By providing this service, the organization plays an essential role in supporting the financial needs of these cooperatives, ensuring their continued operations and service provision to their respective communities.
Is Snake River Power Assocation Inc legitimate?
Snake River Power Assocation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Snake River Power Assocation 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.
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What is the mission statement of Snake River Power Assocation Inc?
Snake River Power Association Inc, as a public utility, is primarily focused on fulfilling its mission of debt servicing for electrical cooperatives. This mission involves managing and repaying debts on behalf of these cooperatives, ensuring financial stability and reliability in the provision of electrical power services. The association does not engage in any research, advocacy, or support programs for specific communities or causes, unlike other organizations mentioned. Instead, its primary role is to manage financial obligations related to the electrical cooperatives it serves.
Who is the CEO of Snake River Power Assocation Inc?
Ronald Osterhout is the Secretary of Snake River Power Assocation Inc.
What is the revenue of Snake River Power Assocation Inc?
Snake River Power Assocation Inc's revenue in 2022 was $11,419.
Who are the executives of Snake River Power Assocation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Snake River Power Assocation Inc?
Snake River Power Assocation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Snake River Power Assocation Inc
Snake River Power Association, a public utility entity, is dedicated to serving electrical cooperatives by ensuring their debt obligations are met. In simpler terms, the organization's primary objective is to manage and pay off the debts associated with these cooperatives, thereby supporting their operations and viability. By fulfilling this mission, Snake River Power Association plays a crucial role in ensuring a reliable electrical supply to the communities served by these cooperatives.
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Impact
October, 2024
Snake River Power Association Inc significantly impacts the local energy landscape by providing essential debt service for electrical cooperatives in Burley, Idaho, and surrounding areas. By facilitating financial stability for these cooperatives, the organization ensures a reliable supply of electricity, which is crucial for both residential and commercial customers.
This public utility plays a vital role in maintaining and upgrading electrical infrastructure, enabling cooperatives to invest in modern energy solutions and improve service delivery. The ongoing financial support helps cooperatives manage their operational costs effectively, leading to increased economic sustainability in the region.
Overall, their efforts contribute to enhanced energy reliability and affordability, improving the quality of life for residents and fostering growth for local businesses.
This information is meant to be a general summary of Snake River Power Assocation 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.
- Program Service Revenue: $11,419
- Gross Receipts: $11,419
Assets and Liabilities:
- Total Assets: $555,304
- Total Liabilities: $514,026
- Net Assets: $41,278
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST REVENUE
Revenue
$8,538
OTHER REVENUE
Revenue
$2,881
Organization Details
Founding Year
1956
Phone
(208) 431-3027Principal Officer
Ronald Osterhout
Main Address
PO BOX 608, BURLEY, ID, 83318
NTEE Category
Code: W80 - Public benefit
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