Mountain View Electric Association

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

EIN: 840275175 ✦ Limon, CO ✦ Designated as a 501(c)(12)

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Overview

What is Mountain View Electric Association?

Mountain View Electric Association is a Colorado-based cooperative nonprofit organization with a mission to deliver dependable electric service to its members. With 192 employees, they provide quality electricity through the allocation of patronage capital. At year end, there were 61,518 active services under their care. The Association aims to offer safe, responsible, and affordable electric solutions, all while adhering to sound business and engineering practices.


Official website here: www.mvea.coop

What are the reviews and ratings of this charity?

Mountain View Electric Association is not currently rated by Charity Navigator due to its classification as an organization outside the 501(c)(3) IRS category. This impedes a formal evaluation through Charity Navigator’s usual methodologies that assess Accountability, Finance, Impact, and other factors.

The lack of a rating should not be assumed to indicate either a positive or negative standing; it merely reflects the different evaluative requirements for non-501(c)(3) organizations. Charity Navigator's current configuration limits insights into certain foundational aspects like Leadership & Adaptability or Culture & Community for such entities.

Mountain View Electric Association has no available user reviews on GreatNonprofits, which further limits external evaluations based on community feedback. Any insights or decisions regarding the organization would best be supported by seeking other available resources or contacting the organization directly for more information.


This AI summary has been generated from information found on Charity Navigator.

Is Mountain View Electric Association legitimate?

Mountain View Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mountain View 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: $1,622,398
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,356,373

For more financial information, click here


Official website here: www.mvea.coop

What is the mission statement of Mountain View Electric Association?

Mountain View Electric Association is committed to delivering safe, reliable, and responsible electric service to its cooperative members. The mission of this organization is to provide affordable electricity with a focus on sound business and engineering practices. With a membership base of over 61,000 active services, Mountain View Electric Association aims to allocate patronage capital in order to effectively distribute electric energy on a cooperative basis. Their efforts are dedicated to ensuring a consistent, efficient, and dependable electric service for their members.


Official website here: www.mvea.coop

Who is the CEO of Mountain View Electric Association?

Ruth Marks is the Ceo (July-Dec) of Mountain View Electric Association. The CEO's salary of Mountain View Electric Association is $125,373 and their total compensation is $208,013.


Official website here: www.mvea.coop

What is the revenue of Mountain View Electric Association?

Mountain View Electric Association's revenue in 2022 was $128,313,383.


Official website here: www.mvea.coop

Who are the executives of Mountain View Electric Association and what are their salaries?

The average compensation at Mountain View Electric Association during 2022 was $57,181. There are 192 employees at Mountain View Electric Association.


Here are 16 key members and their salaries (Mountain View Electric Association's CEO's salary is $125,373 and their total compensation is $208,013):


Ricky Gordon (Director)
  • Compensation: $15,800
  • Related: $0
  • Other: $0
Edward Hertneky (Director)
  • Compensation: $19,400
  • Related: $0
  • Other: $0
Joseph Martin (President)
  • Compensation: $25,375
  • Related: $0
  • Other: $0
Milton Mathis (Director)
  • Compensation: $20,900
  • Related: $0
  • Other: $0
Kevin Paddock (Secretary/Treasurer)
  • Compensation: $27,844
  • Related: $0
  • Other: $0
James Riggins (Assistant Secretary)
  • Compensation: $27,200
  • Related: $0
  • Other: $0
Barry Springer (Vice President)
  • Compensation: $32,300
  • Related: $0
  • Other: $0
Jim Herron (Ceo (Jan-June))
  • Compensation: $440,418
  • Related: $0
  • Other: $107,385
Ruth Marks (Ceo (July-Dec))
  • Compensation: $125,373
  • Related: $0
  • Other: $82,640
Randy Penn (Finance Manager)
  • Compensation: $191,778
  • Related: $0
  • Other: $105,103
David Waldner (Engineering Manager)
  • Compensation: $206,123
  • Related: $0
  • Other: $194,759
Amanda Hall (Administrative Manager)
  • Compensation: $193,209
  • Related: $0
  • Other: $29,494
David Williams (Operations Superintendent)
  • Compensation: $165,060
  • Related: $0
  • Other: $114,243
Jason Matzke (Operations Superintendent)
  • Compensation: $170,065
  • Related: $0
  • Other: $95,133
Nathanial Oursler (Information Tech Manager)
  • Compensation: $191,299
  • Related: $0
  • Other: $59,555
Terryl Jensen (Vp Operations)
  • Compensation: $189,431
  • Related: $0
  • Other: $155,645


Official website here: www.mvea.coop

Where can I find the form 990 for Mountain View Electric Association?

Mountain View Electric Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mvea.coop

Learn more at the official website: www.mvea.coop

Mission Statement of Mountain View Electric Association

Mountain View Electric Association, a cooperative dedicated to delivering reliable and quality electric service, is committed to providing its members with safe, dependable, morally responsible, and affordable energy solutions. This organization's mission is underpinned by a strong focus on sound business and engineering practices.

Mountain View Electric Association prides itself on working cooperatively with its members, allocating patronage capital to ensure the provision of electric energy that is both efficient and effective. With 61,518 active services at the conclusion of the last year, the association has established a significant presence within its community.

Through its unwavering dedication to delivering a superior electric service experience, Mountain View Electric Association fosters a strong bond of trust and collaboration with its members. By consistently upholding its core values of safety, reliability, responsibility, and affordability, this esteemed organization has become an essential partner in the daily lives of those it serves.

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Impact




October, 2024

Mountain View Electric Association (MVEA) plays a critical role in providing quality and reliable electric service to its members in Limon, Colorado, and the surrounding areas. With 61,518 active services, the cooperative operates on a model that prioritizes the needs of its members, ensuring that they have access to safe and affordable electricity.

Through the allocation of patronage capital, MVEA fosters a sense of community ownership and responsibility, emphasizing sound business and engineering practices. This commitment not only enhances the reliability of electric service but also strengthens the cooperative's ability to meet the diverse energy needs of its members. By focusing on the collective benefit of its members, MVEA contributes significantly to the overall well-being and economic stability of the communities it serves, exemplifying a model of effectiveness in the electric utility sector.




This information is meant to be a general summary of Mountain View 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.

Revenue
$128,313,383 (2022)
Expenses
$128,313,383 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $330,021
  • Program Service Revenue: $127,842,141
  • Gross Receipts: $128,371,597

Assets and Liabilities:

  • Total Assets: $413,173,775
  • Total Liabilities: $266,946,465
  • Net Assets: $146,227,310

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES OF ELECTRICITY

Revenue

$125,301,486

PATRONAGE DIVDENDS

Revenue

$1,808,672

SERVICE FEES

Revenue

$546,557

INTERCONNECTION REVENUE

Revenue

$124,600

SALES FOR RESALE

Revenue

$60,826

Organization Details

Founding Year

1941

Principal Officer

Ruth Marks

Main Address

PO BOX 1600, LIMON, CO, 80828

NTEE Category

Code: W80 - Public benefit

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