Highline Electric Association

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

EIN: 840226805 ✦ Holyoke, CO ✦ Designated as a 501(c)(12)

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

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 not tax deductible.

Here 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):

    Dennis Herman (Ceo)
  • Compensation: $246,445
  • Related: $0
  • Other: $130,650

    • Rance Ferguson (Operations Manager)
  • Compensation: $161,607
  • Related: $0
  • Other: $125,071

    • Jeffrey Blochowitz (District Superintendent)
  • Compensation: $124,624
  • Related: $0
  • Other: $59,367

    • Jim Jackson (Cfo)
  • Compensation: $164,500
  • Related: $0
  • Other: $14,934

    • James Ziebarth (System Engineer)
  • Compensation: $135,221
  • Related: $0
  • Other: $40,229

    • Alex Astley (Engineering Manager)
  • Compensation: $158,032
  • Related: $0
  • Other: $7,017

    • Tad Huser (Member Services Manager)
  • Compensation: $123,670
  • Related: $0
  • Other: $14,934

    • Jim Lueck (Vice-President) [Trustee/Director]
  • Compensation: $22,145
  • Related: $0
  • Other: $0

    • Merlin Prior (Secretary) [Trustee/Director]
  • Compensation: $20,695
  • Related: $0
  • Other: $0

    • Michael Bennett (President) [Trustee/Director]
  • Compensation: $19,195
  • Related: $0
  • Other: $0

    • Pam Stieb (Treasurer) [Trustee/Director]
  • Compensation: $19,095
  • Related: $0
  • Other: $0

    • Leo Brekel (Director)
  • Compensation: $18,745
  • Related: $0
  • Other: $0

    • Teddy Carter (Director)
  • Compensation: $18,295
  • Related: $0
  • Other: $0

    • Steve Oestman (Director)
  • Compensation: $18,145
  • Related: $0
  • Other: $0

    • Brad Stromberger (Director)
  • Compensation: $17,895
  • Related: $0
  • Other: $0

    • Aaron Sprague (Director)
  • Compensation: $17,845
  • Related: $0
  • Other: $0

    • Merl Miller (Director)
  • Compensation: $16,633
  • Related: $0
  • Other: $0

    • David Carlson (Director)
  • Compensation: $10,885
  • Related: $0
  • Other: $0

    • David Kinnison (Director)
  • Compensation: $4,536
  • Related: $0
  • Other: $0


  • Official website here: www.hea.coop

    Where can I find the form 990 for Highline Electric Association?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Highline Electric Association's impact can be seen in its commitment to providing the best possible electric service to its members at the best cost and consistent with the highest standards of service. By ensuring reliable electricity to its members within its service area in Holyoke, CO, Highline Electric Association plays a crucial role in supporting the community's infrastructure and overall well-being. Its mission to prioritize member satisfaction and cost-effectiveness underscores its significance in ensuring access to essential electric services for residents and businesses in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    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
  • 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

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Highline Electric Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.