Overview
What is Powder River Energy Corporation?
Powder River Energy Corporation is a nonprofit cooperative organization headquartered in Sundance, Wyoming. With a mission to positively influence and improve lives, they distribute electricity to over 12,000 member-owners in northeastern Wyoming and southeastern Montana under the 501 (C) (12) status. In 2022, the company sold a total of 2,034,599,896 kWh of electricity to its members, peaking at a load of 311,195 kW in February. To extend and improve services, the corporation invested approximately $4 million in utility plants. Their primary function is to provide reliable energy and services, ensuring access and affordability for rural customers.
Official website here: www.precorp.coop
Is Powder River Energy Corporation legitimate?
Powder River Energy Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Powder River Energy Corporation 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: $1,540,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,369,803
For more financial information, click here
Official website here: www.precorp.coop
What is the mission statement of Powder River Energy Corporation?
Powder River Energy Corporation, a non-profit cooperative organization, strives to enhance and improve the lives of those it serves by delivering reliable energy and services. The mission of this entity is to positively influence and make a difference in people's lives through the provision of dependable electric energy. The corporation aims to pave the way for access and affordability, ensuring that its 12,686 member-owners receive quality electricity. In 2022, the company sold over 2 billion kilowatt-hours of electricity to its members and added approximately $4 million to its utility plant to improve and extend services.
Official website here: www.precorp.coop
Who is the CEO of Powder River Energy Corporation?
Brian Mills is the Principal Officer of Powder River Energy Corporation. The CEO's salary of Powder River Energy Corporation is $184,440 and their total compensation is $283,741.
Official website here: www.precorp.coop
What is the revenue of Powder River Energy Corporation?
Powder River Energy Corporation's revenue in 2022 was $176,963,725.
Official website here: www.precorp.coop
Who are the executives of Powder River Energy Corporation and what are their salaries?
The average compensation at Powder River Energy Corporation during 2022 was $72,871. There are 136 employees at Powder River Energy Corporation.
Here are 21 key members and their salaries (Powder River Energy Corporation's CEO's salary is $184,440 and their total compensation is $283,741):
- Compensation: $11,800
- Related: $0
- Other: $22
- Compensation: $7,750
- Related: $0
- Other: $32
- Compensation: $7,900
- Related: $0
- Other: $32
- Compensation: $6,550
- Related: $0
- Other: $32
- Compensation: $14,350
- Related: $0
- Other: $32
- Compensation: $9,750
- Related: $0
- Other: $32
- Compensation: $6,150
- Related: $0
- Other: $32
- Compensation: $5,750
- Related: $0
- Other: $32
- Compensation: $8,200
- Related: $0
- Other: $32
- Compensation: $5,000
- Related: $0
- Other: $32
- Compensation: $6,000
- Related: $0
- Other: $32
- Compensation: $329,344
- Related: $0
- Other: $241,874
- Compensation: $205,652
- Related: $0
- Other: $108,721
- Compensation: $184,440
- Related: $0
- Other: $99,301
- Compensation: $164,351
- Related: $0
- Other: $97,557
- Compensation: $157,000
- Related: $0
- Other: $89,646
- Compensation: $155,039
- Related: $0
- Other: $100,817
- Compensation: $148,727
- Related: $0
- Other: $54,725
- Compensation: $147,015
- Related: $0
- Other: $55,414
- Compensation: $145,402
- Related: $0
- Other: $88,617
- Compensation: $144,816
- Related: $0
- Other: $66,446
Official website here: www.precorp.coop
Where can I find the form 990 for Powder River Energy Corporation?
Powder River Energy Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.precorp.coop
Learn more at the official website: www.precorp.coop
Mission Statement of Powder River Energy Corporation
Powder River Energy Corporation, a nonprofit cooperative organization, is dedicated to enhancing and improving the lives of those it serves by providing dependable energy and services. The mission of this corporation is to positively influence and better the communities it reaches by delivering reliable electricity to its 12,686 member-owners.
In 2022, Powder River Energy Corporation sold a substantial amount of electricity to its members, totaling 2,034,599,896 KWH. During the same year, the company invested approximately $4 million in utility plants, extending and upgrading its services to meet the growing energy needs of its members.
Powder River Energy Corporation is not just a utility provider; it is a crucial part of its communities. By focusing on accessibility and affordability, the corporation has become an integral part of the lives of those it serves. Through its dedication to providing reliable energy, it paves the way for better opportunities, improved living conditions, and a stronger, more connected community.
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Impact
October, 2024
Powder River Energy Corporation plays a pivotal role in enhancing the quality of life for residents in northeastern Wyoming and southeastern Montana by providing essential electric service to its 12,686 member-owners. In 2022, the cooperative distributed over 2 billion kilowatt-hours of electricity, demonstrating its capacity to meet the significant demand of its members, which peaked at 311,195 kilowatts in February.
The organization is committed to reliability and affordability, continuously working to improve its infrastructure. In pursuit of this mission, Powder River Energy Corporation invested approximately $4 million in utility plant enhancements, aimed at extending and improving service to the community. This investment not only bolsters the reliability of electric service but also ensures that energy remains accessible and affordable for its rural customers.
By fulfilling its mission to positively influence and improve the lives of those it serves, Powder River Energy Corporation contributes significantly to the social and economic fabric of the areas it operates in, ultimately fostering growth and stability for its member-owners.
This information is meant to be a general summary of Powder River Energy Corporation. 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: $471,377
- Program Service Revenue: $176,486,655
- Gross Receipts: $177,047,491
Assets and Liabilities:
- Total Assets: $491,148,467
- Total Liabilities: $261,783,351
- Net Assets: $229,365,116
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SERVICE
Revenue
$158,502,321
CAPITAL CREDITS
Revenue
$15,117,190
TRANSMISSION REVENUE
Revenue
$2,658,495
OTHER RENTAL INCOME
Revenue
$190,397
JOINT USE POLE REVENUE
Revenue
$18,252
Organization Details
Founding Year
1945
Phone
(307) 283-3531Principal Officer
Brian Mills
Main Address
PO BOX 930, SUNDANCE, WY, 827290930
Website
www.precorp.coopNTEE Category
Code: W80 - Public benefit
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