Overview
What is Middle Kuskokwim Electric Coop Inc?
Middle Kuskokwim Electric Coop Inc, based in Cherokee Village, Arkansas, is a vital nonprofit organization serving several Alaska bush villages. Its primary mission is to ensure reliable and affordable electricity supply, which is a crucial necessity in these remote regions. The cooperative is the sole electricity service provider for the area, ensuring uninterrupted power supply to the villagers. To maintain the utility, the company hires local villagers, offering training and education, thereby boosting the local economy. As of December 31, 2022, the cooperative served 180 electric customers.
Is Middle Kuskokwim Electric Coop Inc legitimate?
Middle Kuskokwim Electric Coop Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Middle Kuskokwim Electric Coop 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: $18,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,130
For more financial information, click here
What is the mission statement of Middle Kuskokwim Electric Coop Inc?
Middle Kuskokwim Electric Coop Inc's mission is centered around providing reliable and affordable electricity to the communities in Alaska's bush villages. Acting as the sole electric service utility in the area, the cooperative ensures a steady power supply to the villagers, enhancing their daily lives. To maintain and operate the utility, the cooperative employs local villagers, offering training and education opportunities. These jobs contribute positively to the local economy, providing a much-needed boost. Without the cooperative's presence, these villages would likely experience unreliable or even no electricity at all, affecting their basic needs and quality of life. As of December 31, 2022, the cooperative served approximately 180 electric customers.
Who is the CEO of Middle Kuskokwim Electric Coop Inc?
Timothy Barnum is the President of Middle Kuskokwim Electric Coop Inc.
What is the revenue of Middle Kuskokwim Electric Coop Inc?
Middle Kuskokwim Electric Coop Inc's revenue in 2022 was $1,467,157.
Who are the executives of Middle Kuskokwim Electric Coop Inc and what are their salaries?
The average compensation at Middle Kuskokwim Electric Coop Inc during 2022 was $8,292. There are 25 employees at Middle Kuskokwim Electric Coop Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $17,450
- Related: $0
- Other: $0
- Compensation: $725
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Middle Kuskokwim Electric Coop Inc?
Middle Kuskokwim Electric Coop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Middle Kuskokwim Electric Coop Inc
Middle Kuskokwim Electric Coop Inc, a vital organization, is committed to delivering reliable and affordable electricity to remote Alaska bush villages. The cooperative serves as the sole electricity service provider in the area, ensuring a consistent power supply to its villagers. The utility is maintained through the employment of local villagers, who are offered training and education opportunities. These jobs not only meet the villagers' electrical needs but also contribute significantly to the local economy, boosting employment rates and providing a source of income for the community. Without Middle Kuskokwim Electric Coop Inc, these villages would be at risk of experiencing unreliable electricity or even face a complete power outage. As of December 31, 2022, the cooperative had 180 electricity customers.
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Impact
October, 2024
Middle Kuskokwim Electric Coop Inc plays a crucial role in ensuring that Alaska Bush villages have access to reliable and affordable electricity. As the sole electric service utility in the area, it provides essential power to several remote communities, significantly enhancing the quality of life for residents.
The cooperative’s commitment to maintaining electricity service directly impacts the local economy by creating jobs for local villagers. By hiring and training residents, Middle Kuskokwim Electric Coop fosters skill development, empowering individuals and promoting economic stability within these communities.
Without the cooperative's operation, residents would face unreliable electricity or potentially no electricity at all, severely affecting daily life, economic activities, and overall community well-being. As of December 31, 2022, the cooperative served 180 electric customers, highlighting its importance in supporting and sustaining these remote Alaskan communities.
This information is meant to be a general summary of Middle Kuskokwim Electric Coop 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: -$640
- Program Service Revenue: $804,276
- Gross Receipts: $1,467,797
Assets and Liabilities:
- Total Assets: $3,166,639
- Total Liabilities: $2,131,512
- Net Assets: $1,035,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC CUSTOMERS
Revenue
$804,276
Organization Details
Founding Year
1998
Phone
(907) 574-0302Principal Officer
Timothy Barnum
Main Address
PO BOX 53 MONONGAHELA DR, CHEROKEE VILLAGE, AR, 72525
NTEE Category
Code: W80 - Public benefit
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