Overview
What is Duncan Valley Electric Cooperative Inc?
Duncan Valley Electric Cooperative Inc is a nonprofit organization situated in Duncan, Arizona. Its primary mission is to offer electric and gas energy at cost on a cooperative basis to rural areas, ensuring reliable service and strengthening the local communities. With around 14 employees, the cooperative had 2,561 active services at the year's end. The organization's goal is to provide safe energy services to its members, demonstrating a commitment to the communities it serves.
Official website here: www.dvec.org
Is Duncan Valley Electric Cooperative Inc legitimate?
Duncan Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Duncan Valley Electric Cooperative 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: $549,406
Professional Fundraising Fees: $0
Other Salaries and Wages: $562,009
For more financial information, click here
Official website here: www.dvec.org
What is the mission statement of Duncan Valley Electric Cooperative Inc?
Duncan Valley Electric Cooperative Inc's mission is centered around providing essential energy services to its members on a cooperative basis. The cooperative aims to deliver safe and reliable electric energy at cost, placing a strong emphasis on strengthening the communities it serves. The organization's activities extend beyond just energy provision, as it strives to contribute positively to the communities it serves. At the end of the year, the cooperative had 2,561 active services in operation.
Official website here: www.dvec.org
Who is the CEO of Duncan Valley Electric Cooperative Inc?
Kassi Mortensen is the CEO of Duncan Valley Electric Cooperative Inc The CEO's salary of Duncan Valley Electric Cooperative Inc is $87,205 and their total compensation is $111,728.
Official website here: www.dvec.org
What is the revenue of Duncan Valley Electric Cooperative Inc?
Duncan Valley Electric Cooperative Inc's revenue in 2023 was $5,472,570.
Official website here: www.dvec.org
Who are the executives of Duncan Valley Electric Cooperative Inc and what are their salaries?
The average compensation at Duncan Valley Electric Cooperative Inc during 2023 was $85,493. There are 13 employees at Duncan Valley Electric Cooperative Inc.
Here are 13 key members and their salaries (Duncan Valley Electric Cooperative Inc's CEO's salary is $87,205 and their total compensation is $111,728):
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $9,800
- Related: $0
- Other: $0
- Compensation: $5,600
- Related: $0
- Other: $0
- Compensation: $4,200
- Related: $0
- Other: $0
- Compensation: $10,200
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $4,400
- Related: $0
- Other: $0
- Compensation: $149,865
- Related: $0
- Other: $102,222
- Compensation: $87,205
- Related: $0
- Other: $24,523
- Compensation: $96,651
- Related: $0
- Other: $40,740
- Compensation: $112,584
- Related: $0
- Other: $73,439
Official website here: www.dvec.org
Where can I find the form 990 for Duncan Valley Electric Cooperative Inc?
Duncan Valley Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dvec.org
Learn more at the official website: www.dvec.org
Mission Statement of Duncan Valley Electric Cooperative Inc
Duncan Valley Electric Cooperative Inc, a cooperative entity, is dedicated to providing electric and gas energy to rural communities at an affordable cost. Its primary mission is to ensure the delivery of safe and reliable energy services to its members. By operating on a cooperative basis, this organization strives to strengthen the communities it serves. In simpler terms, Duncan Valley Electric Cooperative Inc exists to offer affordable energy solutions, ensuring the well-being and development of the rural communities it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Duncan Valley Electric Cooperative Inc plays a vital role in delivering electric and gas energy services to rural areas, ensuring accessibility to essential utilities for its members. By operating on a cooperative basis, it focuses on providing energy at cost, which helps keep prices affordable for the community.
With 2,561 active services, the cooperative's mission is centered around offering safe and reliable energy to its members while actively working to strengthen the communities it serves. This commitment fosters a sense of community and reinforces the cooperative's dedication to the well-being of its members, ensuring that rural areas have the energy resources necessary for growth and development.
Overall, Duncan Valley Electric Cooperative Inc's impact goes beyond electricity provision; it is integral to the sustainability and vibrancy of the local community, contributing to a shared sense of purpose and support among its members.
This information is meant to be a general summary of Duncan Valley Electric Cooperative 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 2023.
- Investment Income: $123,396
- Program Service Revenue: $5,319,843
- Gross Receipts: $5,475,070
Assets and Liabilities:
- Total Assets: $11,812,605
- Total Liabilities: $2,410,782
- Net Assets: $9,401,823
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$4,398,502
SALES OF NATURAL GAS
Revenue
$853,883
PATRONAGE DIVIDENDS
Revenue
$47,708
SERVICE FEES
Revenue
$19,750
Organization Details
Founding Year
1947
Principal Officer
Kassi Mortensen
Website
www.dvec.orgNTEE Category
Code: W80 - Public benefit
If you are a representative of Duncan Valley Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.