Yampa Valley 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: 840358317 ✦ Steamboat springs, CO ✦ Designated as a 501(c)(12)

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Overview

What is Yampa Valley Electric Association?

Yampa Valley Electric Association is a cooperative based in Steamboat Springs, Colorado, with an address at 2211 Elk River Road, 80487. The organization provides electric energy to its members on a cooperative basis, allocating patronage capital. With 28,077 consumers at year end, Yampa Valley Electric Association is dedicated to offering reliable and quality electric service, ensuring member value through advanced technology in an environmentally and financially responsible manner. The cooperative employs a team of 94 individuals.


Official website here: www.yvea.com

What are the reviews and ratings of this charity?

The Yampa Valley Electric Association is currently not rated by Charity Navigator. As a non-501(c)(3) organization, it does not meet the criteria for Charity Navigator's evaluation, which focuses on nonprofits registered under this designation. This absence of a rating should not be construed as a negative or positive reflection of the organization's performance.

Without a rating from Charity Navigator, specifics about Yampa Valley Electric Association's accountability, financial transparency, or impact remain unclear through this platform. Typically, organizations are assessed through beacons focusing on various operational aspects, but Yampa Valley's classification and data availability impede this process.

No user feedback is available on GreatNonprofits, leaving a gap in publicly sourced reviews that detail personal experiences with Yampa Valley Electric Association. Consequently, insights from direct interactions or testimonials about the organization are not currently accessible in the available data.


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

Is Yampa Valley Electric Association legitimate?

Yampa Valley Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Yampa Valley 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: $2,299,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,428,415

For more financial information, click here


Official website here: www.yvea.com

What is the mission statement of Yampa Valley Electric Association?

Yampa Valley Electric Association functions as a cooperative, dedicated to delivering quality and reliable electric service to its member-owners at cost. The organization prioritizes value addition to its members through the utilization of advanced technology. Yampa Valley Electric Association's mission is to provide electric energy on a cooperative basis, contributing patronage capital to enhance the cooperative's value. At year end, the association catered to 28,077 consumers. The cooperative is committed to ensuring safe and dependable electrical service in an environmentally and financially responsible manner.


Official website here: www.yvea.com

What is the revenue of Yampa Valley Electric Association?

Yampa Valley Electric Association's revenue in 2023 was $78,601,828.


Official website here: www.yvea.com

Who are the executives of Yampa Valley Electric Association and what are their salaries?

The average compensation at Yampa Valley Electric Association during 2023 was $102,400. There are 95 employees at Yampa Valley Electric Association.

Here are 23 key members and their salaries:


Scott Mcgill (Director)
  • Compensation: $28,200
  • Related: $0
  • Other: $0
Patrick Delaney (Director)
  • Compensation: $18,969
  • Related: $0
  • Other: $0
Thomas Fox (Chairman)
  • Compensation: $18,640
  • Related: $0
  • Other: $0
Ken Rogers (Vice Chairman)
  • Compensation: $16,985
  • Related: $0
  • Other: $0
Glynda S Sheehan (Treasurer)
  • Compensation: $15,225
  • Related: $0
  • Other: $0
Sasha Nelson (Director)
  • Compensation: $14,807
  • Related: $0
  • Other: $0
Steven Ray Booker (Director)
  • Compensation: $13,145
  • Related: $0
  • Other: $0
Daniel Leblanc (Director)
  • Compensation: $12,735
  • Related: $0
  • Other: $0
Debbie Cook (Director (Jan-June))
  • Compensation: $9,019
  • Related: $0
  • Other: $0
Raymond Dubois (Director (July-Dec))
  • Compensation: $8,460
  • Related: $0
  • Other: $0
Steven Johnson (Gm/President)
  • Compensation: $379,044
  • Related: $0
  • Other: $177,591
Larissa Rock (Executive Assistant/Secret)
  • Compensation: $95,626
  • Related: $0
  • Other: $45,413
John Cromer (Operations Manager)
  • Compensation: $193,200
  • Related: $0
  • Other: $86,481
James Cross (Engineering Manager)
  • Compensation: $182,933
  • Related: $0
  • Other: $95,973
Kelli Root (It Manager)
  • Compensation: $167,440
  • Related: $0
  • Other: $101,213
Megan Moore-Kemp (Member Relations Manager)
  • Compensation: $172,014
  • Related: $0
  • Other: $64,883
Emily Zvorak (Finance Manger)
  • Compensation: $169,411
  • Related: $0
  • Other: $32,817
Patrick Spengler (Engineering Svcs Mgr)
  • Compensation: $159,347
  • Related: $0
  • Other: $19,993
Rex Stafford (Lineman)
  • Compensation: $171,447
  • Related: $0
  • Other: $79,395
Dave Srite (Foreman)
  • Compensation: $166,069
  • Related: $0
  • Other: $60,893
Jacob Perkins (Lineman)
  • Compensation: $176,808
  • Related: $0
  • Other: $40,982
Chase Westberg (Foreman)
  • Compensation: $167,100
  • Related: $0
  • Other: $41,528
Charles Tucker (Safety Coordinator)
  • Compensation: $168,680
  • Related: $0
  • Other: $26,393


Official website here: www.yvea.com

Where can I find the form 990 for Yampa Valley Electric Association?

Yampa Valley Electric Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.yvea.com

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

Mission Statement of Yampa Valley Electric Association

Yampa Valley Electric Association, a cooperative entity, is dedicated to delivering quality and reliable electric service to its member-owners. The organization's mission is twofold: providing electric energy while operating in a financially and environmentally responsible manner. Through the allocation of patronage capital, Yampa Valley Electric Association ensures that its members receive value beyond their electricity bills.

In practicing technology and innovation, Yampa Valley Electric Association strives to maintain a safe and dependable electrical network for its community. By investing in advanced infrastructure and sustainable energy solutions, the cooperative ensures that its members receive consistent power and reduced outage risks. Moreover, the organization exhibits a steadfast commitment to minimizing environmental impact through the use of renewable energy sources and energy efficiency initiatives.

Yampa Valley Electric Association's operation model is built around the cooperative spirit. By focusing on member satisfaction and involvement, the organization fosters a strong bond with its community. This connection is evident in the cooperative's dedication to maintaining a member-centric approach, as well as its commitment to transparency and open communication. With a membership base of over 28,000 consumers, Yampa Valley Electric Association continues to prioritize the needs and expectations of its members, setting the standard for cooperative electric service.

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Impact




October, 2024

Yampa Valley Electric Association significantly impacts its community by delivering quality and reliable electric service to its members in an environmentally and financially responsible manner. Serving approximately 28,077 consumers in Steamboat Springs, Colorado, the cooperative operates on a model that prioritizes the needs of its member-owners. This approach not only ensures affordable electricity but also fosters a commitment to sustainability through the thoughtful allocation of resources and the integration of technology. By emphasizing cooperative values, Yampa Valley Electric Association enhances the energy experience for its members, promoting community well-being and supporting local development through reliable energy access.




This information is meant to be a general summary of Yampa Valley 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
$78,601,828 (2023)
Expenses
$77,103,813 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $525,917
  • Program Service Revenue: $71,031,580
  • Gross Receipts: $78,651,982

Assets and Liabilities:

  • Total Assets: $208,374,806
  • Total Liabilities: $132,838,142
  • Net Assets: $75,536,664

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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

$69,188,174

PATRONAGE DIVIDENDS

Revenue

$771,822

SALE OF RENEWABLE ENERGY CREDIT

Revenue

$549,845

MISC SERVICE FEES & SALES

Revenue

$432,627

OTHER PROGRAM REVENUE

Revenue

$89,112

Organization Details

Founding Year

1940

Principal Officer

Steve Johnson

NTEE Category

Code: W80 - Public benefit

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