Overview
What is Grand Valley Rural Power Lines Inc?
Grand Valley Rural Power Lines Inc, based in Grand Junction, Colorado, is a nonprofit organization dedicated to providing electricity distribution services to retail customers on a cooperative basis. With a team of 48 employees, they focus on delivering power to their community members in an inclusive and cooperative manner. Their mission encompasses the distribution of electricity, ensuring that residents have access to reliable and essential energy resources.
Official website here: www.gvp.org
Is Grand Valley Rural Power Lines Inc legitimate?
Grand Valley Rural Power Lines Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Grand Valley Rural Power Lines 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: $1,068,961
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,131
For more financial information, click here
Official website here: www.gvp.org
What is the mission statement of Grand Valley Rural Power Lines Inc?
Grand Valley Rural Power Lines Inc focuses on supplying electricity to retail consumers in a cooperative manner. This non-profit organization is dedicated to ensuring a steady power supply to its customer base. Its mission is centered around community service, with the primary goal of delivering electricity in a cooperative fashion. By working together with its customers, Grand Valley Rural Power Lines Inc aims to provide reliable and efficient power solutions. The organization's commitment to the community is reflected in its mission to distribute electricity on a cooperative basis. This collaborative approach enables the company to better understand and cater to the unique energy needs of its customers.
Official website here: www.gvp.org
Who is the CEO of Grand Valley Rural Power Lines Inc?
Thomas Walch is the CEO of Grand Valley Rural Power Lines Inc The CEO's salary of Grand Valley Rural Power Lines Inc is $318,956 and their total compensation is $359,493.
Official website here: www.gvp.org
What is the revenue of Grand Valley Rural Power Lines Inc?
Grand Valley Rural Power Lines Inc's revenue in 2023 was $38,939,947.
Official website here: www.gvp.org
Who are the executives of Grand Valley Rural Power Lines Inc and what are their salaries?
The average compensation at Grand Valley Rural Power Lines Inc during 2023 was $28,716. There are 49 employees at Grand Valley Rural Power Lines Inc.
Here are 16 key members and their salaries (Grand Valley Rural Power Lines Inc's CEO's salary is $318,956 and their total compensation is $359,493):
- Compensation: $318,956
- Related: $0
- Other: $40,537
- Compensation: $193,307
- Related: $0
- Other: $30,175
- Compensation: $163,979
- Related: $0
- Other: $30,390
- Compensation: $156,310
- Related: $0
- Other: $27,808
- Compensation: $147,206
- Related: $0
- Other: $23,537
- Compensation: $144,226
- Related: $0
- Other: $23,162
- Compensation: $14,600
- Related: $0
- Other: $0
- Compensation: $12,950
- Related: $0
- Other: $0
- Compensation: $11,950
- Related: $0
- Other: $0
- Compensation: $11,700
- Related: $0
- Other: $0
- Compensation: $11,450
- Related: $0
- Other: $0
- Compensation: $11,250
- Related: $0
- Other: $0
- Compensation: $10,950
- Related: $0
- Other: $0
- Compensation: $10,950
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
Official website here: www.gvp.org
Where can I find the form 990 for Grand Valley Rural Power Lines Inc?
Grand Valley Rural Power Lines Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gvp.org
Learn more at the official website: www.gvp.org
Mission Statement of Grand Valley Rural Power Lines Inc
Grand Valley Rural Power Lines Inc, a cooperative entity, is dedicated to the distribution of electricity to retail consumers. With a mission rooted in community collaboration, the organization supplies power to its members in an equitable and shared manner.
By providing electricity to its retail customers on a cooperative basis, Grand Valley Rural Power Lines Inc plays a pivotal role in ensuring consistent power supply for households and businesses within its network. The cooperative's commitment to this essential service is reflected in its unwavering focus on the distribution of electricity.
Additionally, the cooperative nature of Grand Valley Rural Power Lines Inc allows for a strong sense of unity and mutual support among its customers. This solidarity is essential for maintaining the infrastructure required to deliver electricity efficiently and reliably. The organization's focus on its mission helps to ensure that its retail customers have access to a stable and reliable power supply, powering their daily lives and supporting their communities.
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Impact
October, 2024
Grand Valley Rural Power Lines Inc significantly impacts its community by providing reliable and affordable electricity through a cooperative model. By distributing electricity to retail customers, it ensures access to essential energy services for residents and businesses in Grand Junction, CO. This cooperative approach fosters local engagement, allowing customers to have a voice in their energy supply and contributing to the overall economic stability of the region. The organization’s commitment to serving the public benefit enhances the quality of life for its members and supports sustainable practices within the community.
This information is meant to be a general summary of Grand Valley Rural Power Lines 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 2023.
- Investment Income: $99,503
- Program Service Revenue: $38,840,444
- Gross Receipts: $38,939,947
Assets and Liabilities:
- Total Assets: $90,946,555
- Total Liabilities: $57,071,464
- Net Assets: $33,875,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Energy
Revenue
$38,282,970
Capital Credits
Revenue
$393,280
Misc Service Revenue
Revenue
$68,900
Joint Pole Use
Revenue
$68,063
Other Service Revenue
Revenue
$27,231
Organization Details
Founding Year
1936
Principal Officer
Thomas Walch
Website
www.gvp.orgNTEE Category
Code: W80 - Public benefit
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