Alder Mutual Light Company Inc

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

EIN: 910612563 ✦ Eatonville, WA ✦ Designated as a 501(c)(12)

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Overview

What is Alder Mutual Light Company Inc?

Alder Mutual Light Company Inc is a nonprofit organization, now either terminated or no longer operational, that was originally dedicated to providing electricity services to its members. This organization's primary mission involved delivering power resources to its community. Although the organization is no longer in operation, its legacy remains in the valuable role it once played in supplying electricity to its members.

Is Alder Mutual Light Company Inc legitimate?

Alder Mutual Light Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Alder Mutual Light Company 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: $14,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,980

For more financial information, click here

What is the mission statement of Alder Mutual Light Company Inc?

Alder Mutual Light Company Inc, formerly an active nonprofit organization, was dedicated to delivering electricity to its members. However, as per the provided information, this organization is no longer in operation or has been terminated, thus, there is no mission statement available for summary.

Who is the CEO of Alder Mutual Light Company Inc?

Dan Sharpe is the President, Board Of Directors of Alder Mutual Light Company Inc.

What is the revenue of Alder Mutual Light Company Inc?

Alder Mutual Light Company Inc's revenue in 2022 was $337,031.

Who are the executives of Alder Mutual Light Company Inc and what are their salaries?

The average compensation at Alder Mutual Light Company Inc during 2022 was $4,660. There are 6 employees at Alder Mutual Light Company Inc.


Here are 3 key members and their salaries:


Daniel Sharpe (President, Board Of Directors)
  • Compensation: $11,180
  • Related: $0
  • Other: $0
Logan Saterdal (Secretary, Board Of Directors)
  • Compensation: $1,900
  • Related: $0
  • Other: $0
Caleb Boettcher (Treasurer, Board Of Directors)
  • Compensation: $1,900
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alder Mutual Light Company Inc?

Alder Mutual Light Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alder Mutual Light Company Inc

Alder Mutual Light Company Inc, in its active period, was dedicated to delivering electricity to its members. This mission aimed to ensure a consistent supply of power, enhancing the quality of life for its members. However, it's important to note that this nonprofit organization is no longer active or in operation.

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Impact




October, 2024

Alder Mutual Light Company Inc had a significant impact on the community in Eatonville, WA, by providing essential electricity services to its members. Through its operations, it played a critical role in enhancing the quality of life and enabling various activities for residents and businesses. The organization's focus on mutual benefit fostered a sense of community among its members, promoting cooperation and support within the local area. Although Alder Mutual Light Company Inc is now terminated and no longer active, its contributions to the infrastructure and communal well-being of Eatonville have left a lasting legacy.




This information is meant to be a general summary of Alder Mutual Light Company 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
$337,031 (2022)
Expenses
$444,941 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,040
  • Program Service Revenue: $331,991
  • Gross Receipts: $337,031

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Electric Utility

Revenue

$331,991

Organization Details

Founding Year

1927

Principal Officer

Dan Sharpe

Main Address

P O Box 178, Eatonville, WA, 98328

NTEE Category

Code: Y22 - Mutual benefit

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