Overview
What is 4 Rivers Electric Cooperative Inc?
4 Rivers Electric Cooperative Inc is a not-for-profit electricity provider based in Lebo, Kansas. Established in 2020 through the merger of Lyon-Coffey Electric Cooperative and Radiant Electric Cooperative, the cooperative now caters to over 12,000 metering points across 16 counties in East Central Kansas. As a member-owned organization, 4 Rivers Electric Cooperative is dedicated to delivering electric power while prioritizing member care. Their mission encompasses providing essential electricity services to enhance the daily lives of their community members.
Official website here: www.4riverselectric.com/
What are the reviews and ratings of this charity?
4 Rivers Electric Cooperative Inc is currently not rated by Charity Navigator. The lack of rating is not indicative of the organization's performance but rather reflects its classification outside the typical 501(c)(3) nonprofits regularly evaluated by Charity Navigator. As a non-501(c)(3) entity, it is exempt from certain evaluation criteria such as Accountability & Finance and Impact & Measurement.
The organization also lacks available data on revenue, expenses, and salaries of key persons, further complicating a comprehensive evaluation. This absence of financial data and nonprofit classification suggests that conventional rating metrics and methods applied by Charity Navigator do not apply here, making it difficult to gauge the cooperative's financial health and operational transparency using this source.
No user feedback is available on GreatNonprofits to provide additional insights into public perception or personal experiences related to the services or operations of 4 Rivers Electric Cooperative Inc. Without this input, the community's overall sentiment and the organization's impact remain undefined in the public domain.
This AI summary has been generated from information found on Charity Navigator.
Is 4 Rivers Electric Cooperative Inc legitimate?
4 Rivers Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. 4 Rivers 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: $977,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $766,805
For more financial information, click here
Official website here: www.4riverselectric.com/
What is the mission statement of 4 Rivers Electric Cooperative Inc?
4 Rivers Electric Cooperative is a member-owned organization dedicated to providing electricity services to its community. Formed through the consolidation of two previous cooperatives in 2020, the cooperative now serves over 12,000 meters across 16 counties in East Central Kansas. In their commitment to their members, they deliver electric power with care. The cooperative's mission goes beyond supplying electricity; it is about serving its community with dedication and diligence. Through their electricity services, they contribute to the daily lives and well-being of their members, ensuring their essential energy needs are met.
Official website here: www.4riverselectric.com/
Who is the CEO of 4 Rivers Electric Cooperative Inc?
Dennis Svanes is the Ceo of 4 Rivers Electric Cooperative Inc. The CEO's salary of 4 Rivers Electric Cooperative Inc is $286,585 and their total compensation is $392,337.
Official website here: www.4riverselectric.com/
What is the revenue of 4 Rivers Electric Cooperative Inc?
4 Rivers Electric Cooperative Inc's revenue in 2022 was $28,211,399.
Official website here: www.4riverselectric.com/
Who are the executives of 4 Rivers Electric Cooperative Inc and what are their salaries?
The average compensation at 4 Rivers Electric Cooperative Inc during 2022 was $34,877. There are 50 employees at 4 Rivers Electric Cooperative Inc.
Here are 18 key members and their salaries (4 Rivers Electric Cooperative Inc's CEO's salary is $286,585 and their total compensation is $392,337):
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $6,150
- Related: $0
- Other: $0
- Compensation: $4,150
- Related: $0
- Other: $0
- Compensation: $3,750
- Related: $0
- Other: $0
- Compensation: $3,850
- Related: $0
- Other: $0
- Compensation: $3,950
- Related: $0
- Other: $0
- Compensation: $3,750
- Related: $0
- Other: $0
- Compensation: $3,550
- Related: $0
- Other: $0
- Compensation: $5,100
- Related: $0
- Other: $0
- Compensation: $6,600
- Related: $0
- Other: $0
- Compensation: $1,300
- Related: $0
- Other: $0
- Compensation: $3,350
- Related: $0
- Other: $0
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $158,944
- Related: $0
- Other: $104,392
- Compensation: $181,688
- Related: $0
- Other: $282,766
- Compensation: $286,585
- Related: $0
- Other: $105,752
- Compensation: $134,469
- Related: $0
- Other: $80,823
Official website here: www.4riverselectric.com/
Where can I find the form 990 for 4 Rivers Electric Cooperative Inc?
4 Rivers Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.4riverselectric.com/
Learn more at the official website: www.4riverselectric.com/
Mission Statement of 4 Rivers Electric Cooperative Inc
4 Rivers Electric Cooperative, a member-owned organization founded in 2020, is dedicated to providing electricity service to its members. The cooperative came into existence through the consolidation of Lyon-Coffey Electric Cooperative, Inc., and Radiant Electric Cooperative, Inc. With a commitment to serving its community, 4 Rivers Electric Cooperative now delivers power to over 12,000 meters across sixteen counties in East Central Kansas.
At the heart of its mission, 4 Rivers Electric Cooperative prioritizes care for its members. As a member-owned organization, it operates with the understanding that every connection to the electrical grid is essential. The cooperative's team works diligently to ensure a reliable supply of electricity, empowering its members to lead fulfilling lives in their communities.
4 Rivers Electric Cooperative's origins trace back to 2020, when Lyon-Coffee Electric Cooperative, Inc., and Radiant Electric Cooperative, Inc., joined forces to form a stronger, more unified entity. This merger enabled the organization to broaden its reach and serve more households and businesses in East Central Kansas. Now, from its base in Lebo, KS, 4 Rivers Electric Cooperative powers the lives of thousands of members, keeping their homes and businesses connected to the world through a dependable and consistent power supply.
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Impact
October, 2024
4 Rivers Electric Cooperative Inc has a significant impact on the communities it serves in East Central Kansas. By delivering reliable electricity service to 12,492 meters across 16 counties, the cooperative plays a vital role in supporting daily life and economic activity in the region. Established in 2020 through the merger of Lyon-Coffey Electric Cooperative, Inc. and Radiant Electric Cooperative, Inc., it has seamlessly continued the legacy of providing essential power to its members while prioritizing personalized service and community care.
The cooperative structure ensures that the focus remains on mutual benefit for its members, fostering a sense of ownership and responsibility among the community. This model not only enhances member engagement but also drives initiatives aimed at sustainable practices and energy efficiency. As a cornerstone of the region, 4 Rivers Electric Cooperative Inc is dedicated to enhancing the quality of life for its members by ensuring access to dependable electricity, ultimately contributing to the overall economic development and well-being of the area.
This information is meant to be a general summary of 4 Rivers 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: $75,258
- Program Service Revenue: $28,091,627
- Gross Receipts: $28,279,554
Assets and Liabilities:
- Total Assets: $78,628,848
- Total Liabilities: $39,965,402
- Net Assets: $38,663,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$27,610,450
CAPITAL CREDITS
Revenue
$286,872
OTHER OPERATING REVENUE
Revenue
$153,526
RENTAL OF ELECTRIC PROPERTY
Revenue
$40,779
Organization Details
Founding Year
2020
Phone
(620) 364-2116Principal Officer
Dennis Svanes
Main Address
2731 MILO TER, LEBO, KS, 66856
Website
www.4riverselectric.com/NTEE Category
Code: Y99 - Mutual benefit
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