Garland Light & Power Company

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

EIN: 830119598 ✦ Powell, WY ✦ Designated as a 501(c)(12)

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Overview

What is Garland Light & Power Company?

Garland Light & Power Company is a rural electric cooperative, based in Powell, Wyoming, specifically at 755 Highway 14 A. This nonprofit organization serves approximately 2,279 meters, providing essential electrical power and utilities services to its rural community members in Wyoming's north central region. With a mission to better the lives of its members, the cooperative focuses on delivering reliable electricity and related services, fostering a sense of community and resourcefulness in the region. The company operates with a dedicated team of seven employees.


Official website here: www.garlandpower.org

Is Garland Light & Power Company legitimate?

Garland Light & Power Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Garland Light & Power Company 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: $234,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,105

For more financial information, click here


Official website here: www.garlandpower.org

What is the mission statement of Garland Light & Power Company?

Garland Light & Power Company, serving as a rural electric cooperative, was established with a mission to provide reliable electrical power and utility services to its members. Located in a rural area, the cooperative aims to ensure that its over 2,279 meters have access to uninterrupted electricity. The primary objective of Garland Light & Power Company is to enhance the living standards of its members by delivering essential energy solutions. By fostering a strong sense of community and collaboration, the cooperative works tirelessly to meet the energy needs of its rural Wyoming members, thereby contributing to their overall development.


Official website here: www.garlandpower.org

Who is the CEO of Garland Light & Power Company?

Molly K Lynn is the General Manager of Garland Light & Power Company.


Official website here: www.garlandpower.org

What is the revenue of Garland Light & Power Company?

Garland Light & Power Company's revenue in 2022 was $4,752,023.


Official website here: www.garlandpower.org

Who are the executives of Garland Light & Power Company and what are their salaries?

The average compensation at Garland Light & Power Company during 2022 was $49,502. There are 7 employees at Garland Light & Power Company.


Here are 8 key members and their salaries:


Spencer George (Director)
  • Compensation: $4,267
  • Related: $0
  • Other: $0
Jerry Thompson (President)
  • Compensation: $2,210
  • Related: $0
  • Other: $0
Peggy A Ruble (Vice President)
  • Compensation: $2,057
  • Related: $0
  • Other: $0
Ryan Gorsuch (Director)
  • Compensation: $2,723
  • Related: $0
  • Other: $0
Scott Smith (Secretary-Treasurer)
  • Compensation: $4,601
  • Related: $0
  • Other: $0
Molly K Lynn (General Manager)
  • Compensation: $104,564
  • Related: $0
  • Other: $53,350
Susan Kohn (Fiscal Manager)
  • Compensation: $51,026
  • Related: $0
  • Other: $9,610
Stephen Reimer (Superintendent)
  • Compensation: $119,673
  • Related: $0
  • Other: $52,960


Official website here: www.garlandpower.org

Where can I find the form 990 for Garland Light & Power Company?

Garland Light & Power Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.garlandpower.org

Learn more at the official website: www.garlandpower.org

Mission Statement of Garland Light & Power Company

Garland Light & Power Company, as a rural electric cooperative, was established with a mission to provide electrical power and utility services to its members situated in the north central portion of Wyoming. This mission-driven organization is committed to supplying electricity and essential utilities to approximately 2,279 meters, ensuring that rural communities in Wyoming have access to reliable and essential energy resources. By serving as a rural electric cooperative, Garland Light & Power Company contributes to the well-being and connectivity of its member communities, aiming to improve the quality of life in these remote areas by providing necessary electrical power.

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Impact




October, 2024

Garland Light & Power Company has a significant impact on the rural communities of north-central Wyoming, providing essential electrical power and utility services to approximately 2,279 meters. By supplying reliable electricity, the cooperative enhances the quality of life for its members and supports local economic development.

As a rural electric cooperative, Garland Light & Power plays a critical role in ensuring access to electricity in areas that may be underserved by larger utility companies. This commitment to serving its members fosters community resilience and promotes growth in both residential and business sectors. Moreover, the cooperative's focus on public benefit aligns its operations with the needs and interests of the local population, ensuring that services are tailored to the specific challenges and demands of rural living.




This information is meant to be a general summary of Garland Light & Power Company. 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
$4,752,023 (2022)
Expenses
$4,756,208 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,397
  • Program Service Revenue: $4,704,375
  • Gross Receipts: $4,752,023

Assets and Liabilities:

  • Total Assets: $14,992,833
  • Total Liabilities: $9,044,621
  • Net Assets: $5,948,212

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Programs

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

UTILITIES REVENUES FRO

Revenue

$4,704,375

Organization Details

Founding Year

1937

Principal Officer

Molly K Lynn

Main Address

755 HIGHWAY 14 A, POWELL, WY, 82435

NTEE Category

Code: W80 - Public benefit

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