Overview
What is Highline Electric Association?
Highline Electric Association is a Colorado-based nonprofit organization with a mission to provide electricity to its members residing within its service area. Committed to maintaining the highest standards of service, they strive to offer the best possible electric service at affordable costs. With a team of 65 employees, the association focuses on delivering reliable and efficient electricity to enhance the daily lives of its members.
Official website here: www.hea.coop
What are the reviews and ratings of this charity?
Highline Electric Association is not currently rated by Charity Navigator. The lack of rating is due to the organization's classification, as it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator ratings require at least one beacon score from Accountability & Finance or Impact & Measurement, which Highline Electric Association cannot be evaluated on due to its independent and different organizational status.
The absence of a formal rating by Charity Navigator does not imply any positive or negative attributes about the Highline Electric Association. Historical and fiscal data, such as revenue and salary information, is also not publicly available. This limits external evaluation through the usual financial accountability metrics that Charity Navigator employs.
No user reviews are available from GreatNonprofits for Highline Electric Association. This means there is no supplementary anecdotal information from individuals who have interacted with or benefited from the organization. For potential engagement with the organization, individuals should seek out other sources or direct contact for further insights.
This AI summary has been generated from information found on Charity Navigator.
Is Highline Electric Association legitimate?
Highline Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Highline Electric Association 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: $760,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,560,497
For more financial information, click here
Official website here: www.hea.coop
What is the mission statement of Highline Electric Association?
Highline Electric Association is committed to delivering superior electric service to its members at the most affordable cost. They prioritize maintaining the highest standards of service, ensuring a consistent and reliable power supply for their community. Their ultimate goal is to provide electricity to their members within their service area, with a focus on delivering the best possible experience. The organization is dedicated to offering cost-effective solutions and maintaining a strong commitment to quality and customer satisfaction. By providing essential electric services, Highline Electric Association contributes to enhancing the daily lives of its members and fostering a sense of community.
Official website here: www.hea.coop
Who is the CEO of Highline Electric Association?
Dennis Herman is the Ceo of Highline Electric Association. The CEO's salary of Highline Electric Association is $246,445 and their total compensation is $377,095.
Official website here: www.hea.coop
What is the revenue of Highline Electric Association?
Highline Electric Association's revenue in 2022 was $56,129,232.
Official website here: www.hea.coop
Who are the executives of Highline Electric Association and what are their salaries?
The average compensation at Highline Electric Association during 2022 was $81,864. There are 65 employees at Highline Electric Association.
Here are 19 key members and their salaries (Highline Electric Association's CEO's salary is $246,445 and their total compensation is $377,095):
- Compensation: $246,445
- Related: $0
- Other: $130,650
- Compensation: $161,607
- Related: $0
- Other: $125,071
- Compensation: $124,624
- Related: $0
- Other: $59,367
- Compensation: $164,500
- Related: $0
- Other: $14,934
- Compensation: $135,221
- Related: $0
- Other: $40,229
- Compensation: $158,032
- Related: $0
- Other: $7,017
- Compensation: $123,670
- Related: $0
- Other: $14,934
- Compensation: $22,145
- Related: $0
- Other: $0
- Compensation: $20,695
- Related: $0
- Other: $0
- Compensation: $19,195
- Related: $0
- Other: $0
- Compensation: $19,095
- Related: $0
- Other: $0
- Compensation: $18,745
- Related: $0
- Other: $0
- Compensation: $18,295
- Related: $0
- Other: $0
- Compensation: $18,145
- Related: $0
- Other: $0
- Compensation: $17,895
- Related: $0
- Other: $0
- Compensation: $17,845
- Related: $0
- Other: $0
- Compensation: $16,633
- Related: $0
- Other: $0
- Compensation: $10,885
- Related: $0
- Other: $0
- Compensation: $4,536
- Related: $0
- Other: $0
Official website here: www.hea.coop
Where can I find the form 990 for Highline Electric Association?
Highline Electric Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hea.coop
Learn more at the official website: www.hea.coop
Mission Statement of Highline Electric Association
Highline Electric Association, a dedicated electric service provider, is committed to delivering the highest quality electric service to its members at the most affordable cost. Established with a clear mission, the organization strives to provide dependable and efficient electricity to its members within its service area, all the while adhering to the highest industry standards.
At the core of Highline Electric Association's operations lies a deep-rooted dedication to its members. The team is united in their goal to ensure that each household and business enjoys uninterrupted electric service, enabling them to go about their daily lives without concern. By consistently maintaining the highest levels of service, Highline Electric Association not only meets but exceeds its members' expectations.
The association's commitment to excellence is reflected in its unwavering focus on delivering electric service that is both reliable and cost-effective. By investing in the latest technology and infrastructure, Highline Electric Association is able to provide a robust electric grid that can handle the demands of modern households and businesses. Furthermore, the organization's continuous efforts to streamline operations and reduce costs help to keep electricity affordable for its members, ensuring that everyone can enjoy the benefits of reliable electric service.
In summary, Highline Electric Association is a forward-thinking electric service provider that is deeply committed to its members. By consistently delivering reliable and affordable electric service, the organization has built a strong reputation for excellence and remains dedicated to continuing its mission of providing the best possible electric service to its members at the best cost and with the highest standards of service.
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Impact
October, 2024
Highline Electric Association plays a crucial role in delivering reliable electricity to its members in Holyoke, Colorado, and the surrounding areas. By focusing on providing electricity at the best possible cost while maintaining the highest standards of service, the association ensures that its community has access to essential energy resources. This commitment not only enhances the quality of life for residents but also supports local businesses and promotes economic development. The cooperative's efforts contribute to a sustainable energy future, aligning with the needs and expectations of its members.
This information is meant to be a general summary of Highline Electric Association. 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: $204,539
- Program Service Revenue: $55,916,843
- Gross Receipts: $56,183,743
Assets and Liabilities:
- Total Assets: $128,462,738
- Total Liabilities: $72,556,145
- Net Assets: $55,906,593
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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
$55,518,251
SERVICE CHARGES
Revenue
$47,770
CAPITAL CREDITS
Revenue
$326,867
SALE OF REC
Revenue
$6,473
Organization Details
Founding Year
1938
Principal Officer
Dennis Herman
Main Address
PO BOX 57, HOLYOKE, CO, 80734
Website
www.hea.coopNTEE Category
Code: W80 - Public benefit
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