United Power Inc

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

EIN: 840340655 ✦ Brighton, CO ✦ Designated as a 501(c)(12)

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Overview

What is United Power Inc?

United Power Inc, located in Brighton, Colorado, is a cooperative that serves electricity to around 107,000 members. Established with a mission to offer affordable and dependable electric power and related services to its members, United Power Inc aims to maintain a strong commitment to its community. The cooperative currently employs a team of 210 individuals to ensure the provision of high-quality electric services.


Official website here: www.unitedpower.com

Is United Power Inc legitimate?

United Power Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. United Power 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: $2,309,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.unitedpower.com

What is the mission statement of United Power Inc?

United Power Inc is committed to delivering reliable electric power and associated services to its members at the most economical price. The cooperative serves over 100,000 individuals and prioritizes affordability for its community. By focusing on affordability, United Power Inc ensures that its members have consistent access to essential electric services, enhancing their quality of life and supporting economic stability.


Official website here: www.unitedpower.com

Who is the CEO of United Power Inc?

Mark Gabriel is the President And Chief Execut of United Power Inc.


Official website here: www.unitedpower.com

What is the revenue of United Power Inc?

United Power Inc's revenue in 2022 was $320,285,113.


Official website here: www.unitedpower.com

Who are the executives of United Power Inc and what are their salaries?

The average compensation at United Power Inc during 2022 was $10,997. There are 210 employees at United Power Inc.


Here are 21 key members and their salaries:


Elizabeth Martin (Chairman)
  • Compensation: $33,236
  • Related: $0
  • Other: $0
Tamra Waltemath (Assistant Secretary/Treasu)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Brian Mccormick (Director)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Dave Rose (Director)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
James Vigesaa (Vice Chairman)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Keith Alquist (Treasurer)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Virginia Buczek (Director/Crea Director)
  • Compensation: $31,611
  • Related: $0
  • Other: $0
Ursula Morgan (Director)
  • Compensation: $30,736
  • Related: $0
  • Other: $0
Tim Erickson (Secretary)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Stephen Whiteside (Director)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Brad Case (Director)
  • Compensation: $28,236
  • Related: $0
  • Other: $0
Dean Hubbuck (Svp & Chief Energy Resource Offi)
  • Compensation: $230,531
  • Related: $0
  • Other: $99,722
Laura Burkhart (Evp & Chief Financial Officer)
  • Compensation: $288,710
  • Related: $0
  • Other: $114,284
Russell Robbins (Evp & Chief Operating Officer)
  • Compensation: $309,406
  • Related: $0
  • Other: $104,992
Mark Gabriel (President And Chief Execut)
  • Compensation: $550,759
  • Related: $0
  • Other: $73,011
Trista Fugate (Senior Vp And Chief Marketing Officer)
  • Compensation: $215,444
  • Related: $0
  • Other: $1,063
Brent Sydow (Vp Of Operations)
  • Compensation: $176,571
  • Related: $0
  • Other: $85,989
Alice Beauchamp (Svp & Chief Information Officer)
  • Compensation: $208,244
  • Related: $0
  • Other: $77,986
Robert Maxwell (Vp Of Engineering)
  • Compensation: $190,110
  • Related: $0
  • Other: $86,167
Troy Whitmore (Vp & Public Affairs Officer)
  • Compensation: $212,623
  • Related: $0
  • Other: $85,408
Jason Moore (Troubleshooter)
  • Compensation: $177,653
  • Related: $0
  • Other: $65,277


Official website here: www.unitedpower.com

Where can I find the form 990 for United Power Inc?

United Power Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unitedpower.com

Learn more at the official website: www.unitedpower.com

Mission Statement of United Power Inc

United Power Inc, a dedicated cooperative, is committed to delivering dependable electric power and associated services to its members at the most economical cost. By prioritizing affordability, the organization ensures that its members receive essential energy services without undue financial burden. Serving approximately 107,000 individuals, United Power Inc goes above and beyond to meet their electric power needs.

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Impact




October, 2024

United Power Inc significantly influences the lives of its members by providing reliable electric power and related services at the most affordable cost. Serving approximately 107,000 members in and around Brighton, Colorado, the organization plays a crucial role in ensuring that families, businesses, and communities have access to essential electricity services. This reliable power supply is fundamental for daily activities, economic development, and overall quality of life in the region.

By focusing on affordability and excellence in service, United Power Inc not only meets the energy needs of its members but also contributes to the community's economic stability and growth. The cooperative model fosters a sense of belonging and collaboration among members, reinforcing the principle of community benefit. In essence, United Power Inc stands as a vital infrastructure provider, enhancing the well-being of its members and supporting public interests through affordable and dependable electricity.




This information is meant to be a general summary of United Power 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
$320,285,113 (2022)
Expenses
$319,044,963 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $324,701
  • Program Service Revenue: $319,452,970
  • Gross Receipts: $320,285,113

Assets and Liabilities:

  • Total Assets: $649,423,331
  • Total Liabilities: $403,158,665
  • Net Assets: $246,264,666

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Programs

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

Electricity Sales

Revenue

$313,321,232

Capital Credits

Revenue

$3,727,958

Other Operating Rev

Revenue

$2,403,780

Organization Details

Founding Year

1938

Principal Officer

Mark Gabriel

Main Address

500 Cooperative Way, Brighton, CO, 80603

NTEE Category

Code: W80 - Public benefit

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