Surprise Valley Electrification Corp

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

EIN: 940912124 ✦ Alturas, CA ✦ Designated as a 501(c)(12)

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Overview

What is Surprise Valley Electrification Corp?

Surprise Valley Electrification Corp is a nonprofit utility corporation, headquartered at 801 W 12th Street in Alturas, California (ZIP code 96101). With a dedicated team of 30 employees, their primary mission is to provide essential electric utility services to consumers, also referred to as members, within their designated service area. Their core activity revolves around ensuring reliable electricity access for their community.


Official website here: www.surprisevalleyelectric.org

Is Surprise Valley Electrification Corp legitimate?

Surprise Valley Electrification Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Surprise Valley Electrification Corp 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: $833,363
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,439,577

For more financial information, click here


Official website here: www.surprisevalleyelectric.org

What is the mission statement of Surprise Valley Electrification Corp?

Surprise Valley Electrification Corp is dedicated to supplying electric utility services to the consumers (members) within their designated service area. Their objective is to ensure reliable and efficient power delivery, enhancing the quality of life for those they serve. By providing electric utility services, they aim to support various sectors and industries, contributing to the development and progress of communities. Additionally, they prioritize sustainable and eco-friendly energy practices, making them a valuable asset to the regions they cover.


Official website here: www.surprisevalleyelectric.org

Who is the CEO of Surprise Valley Electrification Corp?

Bradley Kresge is the Principal Officer of Surprise Valley Electrification Corp.


Official website here: www.surprisevalleyelectric.org

What is the revenue of Surprise Valley Electrification Corp?

Surprise Valley Electrification Corp's revenue in 2022 was $14,915,357.


Official website here: www.surprisevalleyelectric.org

Who are the executives of Surprise Valley Electrification Corp and what are their salaries?

The average compensation at Surprise Valley Electrification Corp during 2022 was $109,098. There are 30 employees at Surprise Valley Electrification Corp.


Here are 14 key members and their salaries:


Bradley A Kresge (General Manager)
  • Compensation: $228,022
  • Related: $0
  • Other: $245,247
Dennis Reed (Line Supevisor)
  • Compensation: $150,489
  • Related: $0
  • Other: $134,808
John Minto (Engineer)
  • Compensation: $136,157
  • Related: $0
  • Other: $124,175
Wayne Hawes (Serviceman)
  • Compensation: $131,303
  • Related: $0
  • Other: $128,402
Bo Davis (Foreman)
  • Compensation: $130,919
  • Related: $0
  • Other: $108,591
Matthew Eversole (Working Foreman)
  • Compensation: $130,335
  • Related: $0
  • Other: $101,642
Joseph Johnson (Controller)
  • Compensation: $123,638
  • Related: $0
  • Other: $85,475
Raymond J Cloud (Secretary/Treas)
  • Compensation: $24,281
  • Related: $0
  • Other: $0
Craig W Joiner (Director)
  • Compensation: $21,295
  • Related: $0
  • Other: $0
Scott Warner (Vice President)
  • Compensation: $21,295
  • Related: $0
  • Other: $0
Kyle Weber (Director)
  • Compensation: $21,295
  • Related: $0
  • Other: $0
Wesley Cook (Director)
  • Compensation: $21,222
  • Related: $0
  • Other: $0
Dennis J Flynn (Board President)
  • Compensation: $20,995
  • Related: $0
  • Other: $0
John A Erquiaga (Director)
  • Compensation: $20,598
  • Related: $0
  • Other: $0


Official website here: www.surprisevalleyelectric.org

Where can I find the form 990 for Surprise Valley Electrification Corp?

Surprise Valley Electrification Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.surprisevalleyelectric.org

Learn more at the official website: www.surprisevalleyelectric.org

Mission Statement of Surprise Valley Electrification Corp

Surprise Valley Electrification Corp, a not-for-profit organization, is dedicated to delivering essential electric utility services to the consumers within its designated service area. The primary focus of this corporation is to ensure that its members have reliable access to electricity for their daily needs. By providing electric utility services, Surprise Valley Electrification Corp enhances the quality of life for its members, enabling them to power their homes and businesses effectively.

In simple terms, Surprise Valley Electrification Corp acts as an electric utility company, catering to the energy requirements of its members. Its mission is twofold: firstly, to maintain a robust and efficient electric grid, and secondly, to extend exceptional customer service to its members. The organization's commitment to its mission ensures that its members receive uninterrupted power, contributing significantly to their overall well-being.

Surprise Valley Electrification Corp's team of skilled professionals works diligently to ensure that the electric infrastructure is well-maintained and up-to-date. They aim to minimize power outages and respond promptly to any emergencies or maintenance issues. Furthermore, they engage in ongoing efforts to improve the electric grid's efficiency and capacity, making sure that the members receive the best possible service.

The organization's dedication to its members goes beyond just providing electricity. Surprise Valley Electrification Corp fosters a strong sense of community and ensures that its members are well-informed about their electric usage and billing. They offer educational resources and guidance, helping members understand their energy consumption patterns and ways to save energy and reduce costs. This personalized approach to customer service sets Surprise Valley Electrification Corp apart, making it a trusted partner in the lives of its members.

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Impact




October, 2024

Surprise Valley Electrification Corp plays a crucial role in delivering electric utility services to consumers in its service area in Alturas, California. By providing reliable electricity, the corporation enhances the quality of life for its members, supporting residential, agricultural, and commercial needs. This access to electricity fosters economic development, enables modern conveniences, and contributes to the overall well-being of the community. Additionally, the organization focuses on serving its members with a community-oriented approach, ensuring that their energy needs are met sustainably and effectively. Through its commitment to public benefit, Surprise Valley Electrification Corp plays an essential part in powering everyday life and promoting community growth in the region.




This information is meant to be a general summary of Surprise Valley Electrification Corp. 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
$14,915,357 (2022)
Expenses
$14,911,336 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,900
  • Program Service Revenue: $14,833,556
  • Gross Receipts: $14,915,357

Assets and Liabilities:

  • Total Assets: $56,274,847
  • Total Liabilities: $24,348,208
  • Net Assets: $31,926,639

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Programs

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

Electrical Energy Sales

Revenue

$14,726,016

PATRONAGE CAPITAL CREDITS

Revenue

$57,437

POLE RENTAL

Revenue

$50,103

Organization Details

Founding Year

1937

Principal Officer

Bradley Kresge

Main Address

800 W 12TH ST, ALTURAS, CA, 96101

NTEE Category

Code: W80 - Public benefit

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