Plumas-Sierra Rural Electric Cooperative

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

EIN: 940775035 ✦ Portola, CA ✦ Designated as a 501(c)(12)

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Overview

What is Plumas-Sierra Rural Electric Cooperative?

Plumas-Sierra Rural Electric Cooperative is a nonprofit organization based in Portola, California, with a US address at 73233 HWY 70 Suite A, ZIP code 96122. The cooperative specializes in providing electrical services to its cooperative members. As of December 31, 2022, there were 8,176 customers availing of these services. With a workforce of 68 employees, the cooperative is committed to ensuring reliable and essential electrical service to its members.


Official website here: www.psrec.coop

What do the Facebook reviews say about Plumas-Sierra Rural Electric Cooperative?

88% of the 14 reviews on Facebook recommend Plumas-Sierra Rural Electric Cooperative. Here’s a summary of their comments:

Many users express appreciation for the regular updates and the dedicated effort put forth by the cooperative. They acknowledge that while there are occasional negative comments, the overall hard work and communication provided are valued by the community.

Overall, the sentiment towards the cooperative is quite positive, highlighting a sense of gratitude for the services rendered and the commitment to keeping members informed.


This AI summary has been generated from reviews found on Facebook.

Is Plumas-Sierra Rural Electric Cooperative legitimate?

Plumas-Sierra Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Plumas-Sierra Rural Electric Cooperative 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: $1,052,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.psrec.coop

What is the mission statement of Plumas-Sierra Rural Electric Cooperative?

The Plumas-Sierra Rural Electric Cooperative is dedicated to delivering electrical service to its cooperative members. This mission is encapsulated in the cooperative's provision of power to 8,176 customers as of December 31, 2022. The cooperative's primary focus lies in ensuring a reliable electrical supply to its members, powering their homes and businesses. By providing this essential service, the cooperative enhances the quality of life for its members and contributes to the overall development of the communities it serves. The cooperative's commitment to its members extends beyond just providing electricity, as it strives to build lasting relationships and fosters a sense of community among its customers. In times of power outages or emergencies, the cooperative is there to restore power and provide assurance to its members.


Official website here: www.psrec.coop

Who is the CEO of Plumas-Sierra Rural Electric Cooperative?

Robert Marshall is the Principal Officer of Plumas-Sierra Rural Electric Cooperative. The CEO's salary of Plumas-Sierra Rural Electric Cooperative is $421,069 and their total compensation is $614,658.


Official website here: www.psrec.coop

What is the revenue of Plumas-Sierra Rural Electric Cooperative?

Plumas-Sierra Rural Electric Cooperative's revenue in 2022 was $30,112,543.


Official website here: www.psrec.coop

Who are the executives of Plumas-Sierra Rural Electric Cooperative and what are their salaries?

The average compensation at Plumas-Sierra Rural Electric Cooperative during 2022 was $15,485. There are 68 employees at Plumas-Sierra Rural Electric Cooperative.


Here are 14 key members and their salaries (Plumas-Sierra Rural Electric Cooperative's CEO's salary is $421,069 and their total compensation is $614,658):


Tom Hammond (Director)
  • Compensation: $12,971
  • Related: $0
  • Other: $0
Dave Roberti (Vice President)
  • Compensation: $9,391
  • Related: $0
  • Other: $0
David Hansen (Secretary/Treasurer)
  • Compensation: $15,052
  • Related: $0
  • Other: $0
Nancy Miller (Director)
  • Compensation: $9,732
  • Related: $0
  • Other: $0
Fred Nelson (President)
  • Compensation: $13,824
  • Related: $0
  • Other: $0
Richard Short (Director)
  • Compensation: $8,168
  • Related: $0
  • Other: $0
Lawrence Price (Director)
  • Compensation: $11,266
  • Related: $0
  • Other: $0
Robert W Marshall (Ceo / General Manager)
  • Compensation: $421,069
  • Related: $0
  • Other: $193,589
William Newberg (Cfo)
  • Compensation: $224,368
  • Related: $0
  • Other: $133,526
Jason Harston (Manager Of Engineering & O)
  • Compensation: $236,138
  • Related: $0
  • Other: $126,341
Aaron Whitfield (Telecom Coo)
  • Compensation: $205,877
  • Related: $0
  • Other: $125,056
Scott Welch (North End District Manager)
  • Compensation: $178,359
  • Related: $0
  • Other: $108,629
Bryan Sherman (Cogen Plant Operator)
  • Compensation: $193,942
  • Related: $0
  • Other: $79,381
Darrel Housel (Cogen Plant Operator)
  • Compensation: $179,579
  • Related: $0
  • Other: $78,445


Official website here: www.psrec.coop

Where can I find the form 990 for Plumas-Sierra Rural Electric Cooperative?

Plumas-Sierra Rural Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.psrec.coop

Learn more at the official website: www.psrec.coop

Mission Statement of Plumas-Sierra Rural Electric Cooperative

Plumas-Sierra Rural Electric Cooperative, a dedicated organization, is committed to providing electrical service to its cooperative members. The Cooperative's mission is clear: to ensure that every member has access to reliable and efficient electricity. With a customer base of over 8,000 individuals and businesses as of December 31, 2022, Plumas-Sierra Rural Electric Cooperative has made significant strides in delivering on this promise.

In the rural communities it serves, the Cooperative plays an essential role in powering homes and businesses. Its team of professionals works tirelessly to maintain the electrical infrastructure and respond promptly to outages or maintenance needs. By providing electrical service, the Cooperative enables its members to carry out their daily activities and run their businesses effectively. It's more than just a utility – it's a connection that empowers its members to thrive.

Plumas-Sierra Rural Electric Cooperative's unwavering commitment to its members extends beyond the electrical lines. Its team collaborates closely with the communities it serves to understand their unique needs and adapt its services accordingly. Through this collaborative approach, the Cooperative fosters strong relationships with its members and contributes to the overall wellbeing of the rural communities it serves.

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Impact




October, 2024

Plumas-Sierra Rural Electric Cooperative significantly impacts the communities it serves by providing essential electrical service to its cooperative members. With a customer base of 8,176 as of December 31, 2022, the cooperative plays a crucial role in ensuring reliable access to electricity in the Portola, California area. Its mission focuses on delivering this vital service, which enhances the quality of life for residents and supports local economic activities. By serving its members, Plumas-Sierra promotes energy accessibility and community wellbeing, contributing to the overall public benefit in the region.




This information is meant to be a general summary of Plumas-Sierra Rural Electric Cooperative. 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
$30,112,543 (2022)
Expenses
$37,082,958 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $592,426
  • Program Service Revenue: $29,329,772
  • Gross Receipts: $30,169,549

Assets and Liabilities:

  • Total Assets: $103,357,230
  • Total Liabilities: $67,499,655
  • Net Assets: $35,857,575

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Programs

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

RESIDENTIAL

Revenue

$13,034,959

PUBLIC AUTHORITIES

Revenue

$9,455,604

COMMERCIAL LIGHTING

Revenue

$3,538,943

IRRIGATION

Revenue

$1,795,988

MISCELLANEOUS SERVICE

Revenue

$1,504,278

Organization Details

Founding Year

1937

Principal Officer

Robert Marshall

Main Address

73233 HWY 70 SUITE A, PORTOLA, CA, 961227064

NTEE Category

Code: W80 - Public benefit

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