Sangre De Cristo Electric Association Inc

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

EIN: 840313075 ✦ Buena vista, CO ✦ Designated as a 501(c)(12)

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Overview

What is Sangre De Cristo Electric Association Inc?

Sangre De Cristo Electric Association Inc, based in Buena Vista, Colorado, is a cooperative electric utility serving approximately 14,500 members in the state. Their mission is to deliver dependable electric power and associated services to their members at the most economical cost. With a team of 50 employees, they provide reliable electric energy to support their members' daily lives.


Official website here: www.myelectric.coop

Is Sangre De Cristo Electric Association Inc legitimate?

Sangre De Cristo Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sangre De Cristo Electric Association 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: $1,156,599
Professional Fundraising Fees: $0
Other Salaries and Wages: $917,034

For more financial information, click here


Official website here: www.myelectric.coop

What is the mission statement of Sangre De Cristo Electric Association Inc?

Sangre De Cristo Electric Association Inc is dedicated to delivering reliable electric power and related services to its members at the most affordable cost. This non-profit organization ensures a steady electric energy supply to enrich the lives of its customers. With approximately 14,500 services located in Colorado, Sangre De Cristo Electric Association plays a vital role in powering homes and businesses within its community. Their mission extends beyond just providing electricity; they prioritize affordability, ensuring their members receive essential electric services at reasonable prices.


Official website here: www.myelectric.coop

Who is the CEO of Sangre De Cristo Electric Association Inc?

Paul A Erickson is the Ceo of Sangre De Cristo Electric Association Inc. The CEO's salary of Sangre De Cristo Electric Association Inc is $0 and their total compensation is $0.


Official website here: www.myelectric.coop

What is the revenue of Sangre De Cristo Electric Association Inc?

Sangre De Cristo Electric Association Inc's revenue in 2022 was $22,796,284.


Official website here: www.myelectric.coop

Who are the executives of Sangre De Cristo Electric Association Inc and what are their salaries?

The average compensation at Sangre De Cristo Electric Association Inc during 2022 was $41,473. There are 50 employees at Sangre De Cristo Electric Association Inc.


Here are 20 key members and their salaries (Sangre De Cristo Electric Association Inc's CEO's salary is $0 and their total compensation is $0):


Paul A Erickson (Ceo)
  • Compensation: $312,218
  • Related: $0
  • Other: $164,910
Sarah Mcmahon (Cao)
  • Compensation: $185,253
  • Related: $0
  • Other: $78,965
Ryan Doke (Line Super)
  • Compensation: $127,813
  • Related: $0
  • Other: $91,601
Sarah Crites (Manager Of F)
  • Compensation: $132,722
  • Related: $0
  • Other: $64,868
Preston Ellis (Working Fore)
  • Compensation: $124,772
  • Related: $0
  • Other: $58,344
Cory Wagner (Lead Lineman)
  • Compensation: $119,500
  • Related: $0
  • Other: $56,106
Joshua Saar (Lead Lineman)
  • Compensation: $124,275
  • Related: $0
  • Other: $45,323
Matthew Shepherd (Lead Lineman)
  • Compensation: $119,785
  • Related: $0
  • Other: $49,515
Gary Kelly (Coo)
  • Compensation: $79,499
  • Related: $0
  • Other: $59,464
Joseph Redetzke (Chair)
  • Compensation: $17,150
  • Related: $0
  • Other: $0
Charles A Abel (Secretary)
  • Compensation: $12,050
  • Related: $0
  • Other: $0
Dan Daly (Vice Chair)
  • Compensation: $11,600
  • Related: $0
  • Other: $0
Suzanne Kelly (Director)
  • Compensation: $10,950
  • Related: $0
  • Other: $0
Geoff Gerk (Treasurer)
  • Compensation: $6,950
  • Related: $0
  • Other: $0
Sandra Attebery (Secretary)
  • Compensation: $6,050
  • Related: $0
  • Other: $0
Tommy Flower (Director)
  • Compensation: $4,550
  • Related: $0
  • Other: $0
Nicholas Hellbusch (Director)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Blake Bennetts (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
David Volpe (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
Gary Kelly (Interim Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myelectric.coop

Where can I find the form 990 for Sangre De Cristo Electric Association Inc?

Sangre De Cristo Electric Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.myelectric.coop

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

Mission Statement of Sangre De Cristo Electric Association Inc

Sangre De Cristo Electric Association Inc, a reliable electric power provider, is on a mission to deliver affordable electricity to its 14,500 members in Colorado. The organization's primary goal is to ensure a consistent electric energy supply for the communities it serves. By prioritizing affordability, Sangre De Cristo Electric Association Inc strives to make a significant difference in people's lives by providing them with the essential energy they need. With a strong commitment to its members, the cooperative offers dependable electric services that power homes, businesses, and daily life.

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Impact




October, 2024

Sangre De Cristo Electric Association Inc plays a crucial role in providing reliable electric power to approximately 14,500 services in Colorado, particularly in the Buena Vista area. By delivering electricity and related services at affordable rates, the association directly enhances the quality of life for its members, fostering community development and economic growth. The reliable energy supply is essential for residential, commercial, and agricultural activities, enabling households to thrive and businesses to operate efficiently. Through its commitment to service, Sangre De Cristo Electric Association empowers its members, contributing to a sustainable energy future while ensuring that essential needs are met within the community.




This information is meant to be a general summary of Sangre De Cristo Electric Association 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.

Revenue
$22,796,284 (2022)
Expenses
$22,790,506 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65,990
  • Program Service Revenue: $22,728,021
  • Gross Receipts: $22,826,177

Assets and Liabilities:

  • Total Assets: $71,370,750
  • Total Liabilities: $46,833,099
  • Net Assets: $24,537,651

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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

$22,249,901

CAPITAL CREDITS

Revenue

$346,226

MISCELLANEOUS ELECTRIC

Revenue

$131,894

Organization Details

Founding Year

1940

Principal Officer

Paul A Erickson

Main Address

29780 US HIGHWAY 24, BUENA VISTA, CO, 812112013

NTEE Category

Code: W80 - Public benefit

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