Overview
What is Lakeview Light & Power?
Lakeview Light & Power is a Washington-based utility company with approximately 3,000 members. Their primary mission is to provide dependable and efficient electric services to their clientele. They own, construct, and manage power plants and infrastructure for the purpose of distributing electricity for various uses to their members and customers. The company operates with a workforce of 33 individuals.
Official website here: www.lakeviewlight.com
What are the reviews and ratings of this charity?
Lakeview Light & Power is currently not rated by Charity Navigator, primarily due to its status as a non-501(c)(3) nonprofit, which limits its eligibility for evaluation under several of Charity Navigator's methodologies. The absence of a rating should not be interpreted as positive or negative; it simply indicates that the organization has not met the criteria for evaluation.
Since Charity Navigator ratings typically focus on Accountability & Finance and, more recently, other factors like Leadership & Adaptability, the inability to evaluate Lakeview Light & Power suggests that detailed financial information and other organizational metrics are unavailable. However, the organization's independent status is noted, and it has IRS published data accessible.
There are no reviews available from GreatNonprofits, leaving a gap in community feedback about Lakeview Light & Power's impact and operations from a user perspective. Without this input, understanding the organization's strengths from a public viewpoint remains limited.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeview Light & Power legitimate?
Lakeview Light & Power is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lakeview Light & Power 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: $410,364
Professional Fundraising Fees: $0
Other Salaries and Wages: $789,450
For more financial information, click here
Official website here: www.lakeviewlight.com
What is the mission statement of Lakeview Light & Power?
Lakeview Light & Power is dedicated to delivering dependable and productive electric utility services to its members. The organization's primary objective is to build, manage, and operate power plants and related infrastructure for the purpose of distributing electricity for various uses to its customers. Through its operations, Lakeview Light & Power supplied electrical power to approximately 2,819 user members at the end of the previous year. The company's commitment to its members extends beyond just electricity provision, ensuring that the energy it delivers is reliable and efficient.
Official website here: www.lakeviewlight.com
Who is the CEO of Lakeview Light & Power?
Alan Hart is the Treasurer of Lakeview Light & Power.
Official website here: www.lakeviewlight.com
What is the revenue of Lakeview Light & Power?
Lakeview Light & Power's revenue in 2022 was $25,225,871.
Official website here: www.lakeviewlight.com
Who are the executives of Lakeview Light & Power and what are their salaries?
The average compensation at Lakeview Light & Power during 2022 was $36,358. There are 33 employees at Lakeview Light & Power.
Here are 12 key members and their salaries:
- Compensation: $9,950
- Related: $0
- Other: $0
- Compensation: $6,900
- Related: $0
- Other: $0
- Compensation: $14,650
- Related: $0
- Other: $0
- Compensation: $12,600
- Related: $0
- Other: $0
- Compensation: $10,650
- Related: $0
- Other: $0
- Compensation: $198,647
- Related: $0
- Other: $41,253
- Compensation: $156,967
- Related: $0
- Other: $30,926
- Compensation: $174,459
- Related: $0
- Other: $37,284
- Compensation: $171,254
- Related: $0
- Other: $29,851
- Compensation: $151,924
- Related: $0
- Other: $40,553
- Compensation: $151,009
- Related: $0
- Other: $22,321
- Compensation: $149,521
- Related: $0
- Other: $15,973
Official website here: www.lakeviewlight.com
Where can I find the form 990 for Lakeview Light & Power?
Lakeview Light & Power's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeviewlight.com
Learn more at the official website: www.lakeviewlight.com
Mission Statement of Lakeview Light & Power
Lakeview Light & Power is a dedicated utility company committed to delivering reliable and efficient electric power to its membership base. Established with the mission to own, construct, and operate power plants and infrastructure for the purpose of distributing electric power for various uses to its members and customers, the company plays a vital role in ensuring a consistent electricity supply.
In operation, Lakeview Light & Power provides essential electrical power services to approximately 2,819 user members. By investing in power generation and distribution infrastructure, the company ensures that electricity reaches its customers efficiently and effectively. The company's mission is rooted in the belief that a stable and reliable energy source is essential for the wellbeing and progress of its community.
Lakeview Light & Power's operations extend beyond the simple provision of electricity. Its team of experts works diligently to maintain and upgrade its power systems, ensuring they meet the evolving needs of its members and customers. Through its commitment to reliability and efficiency, the company fosters an environment where businesses and households can thrive, contributing to the broader economic growth and development of the community it serves.
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Impact
October, 2024
Lakeview Light & Power plays a crucial role in enhancing the quality of life for its members by providing reliable and efficient electric utility services in Lakewood, WA. Serving approximately 2,819 user members, the company focuses on the construction and operation of power plants and infrastructure necessary for distributing electric power. This commitment ensures that the community has consistent access to electricity for various purposes, ultimately fostering economic growth and stability. By prioritizing dependable service, Lakeview Light & Power contributes significantly to the overall well-being and development of the Lakewood area.
This information is meant to be a general summary of Lakeview Light & Power. 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: $160,535
- Program Service Revenue: $24,927,074
- Gross Receipts: $25,225,871
Assets and Liabilities:
- Total Assets: $57,095,778
- Total Liabilities: $1,839,667
- Net Assets: $55,256,111
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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
$24,927,074
Organization Details
Founding Year
1922
Phone
(253) 584-6060Principal Officer
Alan Hart
Main Address
11509 BRIDGEPORT WAY SW, LAKEWOOD, WA, 98499
Website
www.lakeviewlight.comNTEE Category
Code: W80 - Public benefit
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