Overview
What is Mountain Parks Electric Inc?
Mountain Parks Electric Inc, located in Granby, Colorado, is a cooperative that sells electricity to its members. The nonprofit had 22,070 active services at the end of the year and employed 84 individuals. Their mission is to provide safe, dependable, cost-effective, and sustainable energy to enhance the lives of their community members. The organization allocates patronage capital for the selling and distribution of electric power on a cooperative basis.
Official website here: www.mpei.com
What are the reviews and ratings of this charity?
Mountain Parks Electric Inc is currently not rated on Charity Navigator. This is primarily because it is not registered as a 501(c)(3) nonprofit, which is the designation required for rating by this platform. This lack of registration affects its evaluation under the Accountability & Finance, Impact & Measurement, and other methodologies used by Charity Navigator.
The absence of a rating does not imply anything positive or negative about Mountain Parks Electric Inc, but simply indicates that the organization has not undergone Charity Navigator's evaluation process. As an independent organization, it remains outside the typical assessment standards applied to tax-exempt, 501(c)(3) organizations. Information such as revenue, expenses, and salary of key persons is not available for this nonprofit.
Due to the lack of user reviews on GreatNonprofits, additional insights from the public or beneficiaries are unavailable at this time. Therefore, the perception of Mountain Parks Electric Inc's effectiveness and community impact largely remains non-documented in this review.
This AI summary has been generated from information found on Charity Navigator.
Is Mountain Parks Electric Inc legitimate?
Mountain Parks Electric Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mountain Parks Electric 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: $1,175,007
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,289,144
For more financial information, click here
Official website here: www.mpei.com
What is the mission statement of Mountain Parks Electric Inc?
Mountain Parks Electric Inc is dedicated to providing safe, reliable, cost-effective, and sustainable energy and services to enhance the lives of its members. The cooperative sells and distributes electricity to rural communities, with a total of 22,070 active services at the end of the year. Through the allocation of patronage capital, Mountain Parks Electric aims to deliver affordable energy solutions and improve the overall well-being of its community. By focusing on efficiency and sustainability, the cooperative ensures a consistent power supply and contributes to a greener future for its members.
Official website here: www.mpei.com
Who is the CEO of Mountain Parks Electric Inc?
Virginia Harman is the Director of Mountain Parks Electric Inc.
Official website here: www.mpei.com
What is the revenue of Mountain Parks Electric Inc?
Mountain Parks Electric Inc's revenue in 2022 was $43,751,651.
Official website here: www.mpei.com
Who are the executives of Mountain Parks Electric Inc and what are their salaries?
The average compensation at Mountain Parks Electric Inc during 2022 was $65,049. There are 84 employees at Mountain Parks Electric Inc.
Here are 18 key members and their salaries:
- Compensation: $17,875
- Related: $0
- Other: $0
- Compensation: $12,200
- Related: $0
- Other: $0
- Compensation: $11,000
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $8,350
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $7,250
- Related: $0
- Other: $0
- Compensation: $6,500
- Related: $0
- Other: $0
- Compensation: $250,572
- Related: $0
- Other: $54,863
- Compensation: $130,932
- Related: $0
- Other: $33,864
- Compensation: $172,524
- Related: $0
- Other: $40,692
- Compensation: $162,085
- Related: $0
- Other: $48,454
- Compensation: $160,296
- Related: $0
- Other: $40,550
- Compensation: $138,172
- Related: $0
- Other: $43,445
- Compensation: $137,805
- Related: $0
- Other: $41,404
- Compensation: $135,585
- Related: $0
- Other: $43,294
- Compensation: $130,355
- Related: $0
- Other: $41,394
- Compensation: $130,091
- Related: $0
- Other: $33,453
Official website here: www.mpei.com
Where can I find the form 990 for Mountain Parks Electric Inc?
Mountain Parks Electric Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mpei.com
Learn more at the official website: www.mpei.com
Mission Statement of Mountain Parks Electric Inc
Mountain Parks Electric Inc, with its mission to deliver safe, reliable, cost-effective, and sustainable energy and services, strives to enhance the lives of its members and the community. This cooperative entity focuses on selling and distributing electricity to rural areas on a cooperative basis, making use of patronage capital. At the end of the year, Mountain Parks Electric Inc served 22,070 active services. By prioritizing the safety and reliability of electricity, this organization ensures that its members can depend on a consistent energy supply. Additionally, its commitment to cost-effectiveness and sustainability allows members to make the most of their energy usage while minimizing their environmental footprint. Mountain Parks Electric Inc goes beyond just providing electricity; it is dedicated to improving the lives of those it serves.
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Impact
October, 2024
Mountain Parks Electric Inc has a significant impact on the communities it serves by providing safe, reliable, and cost-effective electricity to rural members. By distributing electricity on a cooperative basis, the organization ensures that its services are aligned with the needs and interests of its member-owners. With 22,070 active services, it plays a crucial role in enhancing the quality of life for individuals and families in the Granby area and beyond.
The organization prioritizes sustainability, aiming to deliver energy solutions that not only meet current demands but also consider the long-term health of the environment. This commitment to sustainable practices fosters a sense of community and responsibility among its members, encouraging energy conservation and awareness.
Through the allocation of patronage capital, Mountain Parks Electric supports local initiatives and infrastructure improvements, thereby contributing to the economic vibrancy of the region. By focusing on member satisfaction and community betterment, the organization enhances social cohesion and promotes public benefit, ultimately making a positive difference in the lives of its members and the broader community.
This information is meant to be a general summary of Mountain Parks Electric 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $834,604
- Program Service Revenue: $42,740,077
- Gross Receipts: $43,880,503
Assets and Liabilities:
- Total Assets: $115,079,780
- Total Liabilities: $56,037,959
- Net Assets: $59,041,821
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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
$41,754,014
PATRONAGE DIVIDENDS
Revenue
$487,678
SERVICE FEES
Revenue
$433,437
OTHER PROGRAM REVENUE
Revenue
$64,948
Organization Details
Founding Year
1946
Phone
(970) 887-3378Principal Officer
Virginia Harman
Main Address
PO BOX 170, GRANBY, CO, 80446
Website
www.mpei.comNTEE Category
Code: W80 - Public benefit
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