Northern Lights Incorporated
- Assets
- $103.6m
- Revenue
- $44.7m
- Investments
- $0.0
- Employees
- 72
- Location
- Sagle, ID
- Founding
- 12/1937
- Data as of
- 12/2023
- EIN
- 82-0150010
Organization Overview
Northern Lights Incorporated is located in Sagle, ID. The organization was established in 1937. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2023, Northern Lights Incorporated employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Lights Incorporated is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2023, Northern Lights Incorporated generated $44.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $44.7m during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELECTRIC SERVICE TO RURAL MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERATED, DISTRIBUTED, AND SOLD ELECTRIC ENERGY TO MEMBERS ACROSS NORTHERN IDAHO, WESTERN MONTANA, AND NORTHEASTERN WASHINGTON STATE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annie Terracciano General Manager/ceo | Officer | 50 | $275,453 |
Kristin Burge Operations Manager | 45 | $196,280 | |
Michael Thompson Line Foreman | 50 | $171,959 | |
Chad Carter Lineman | 52 | $168,423 | |
Dan Wanous Lineman | 50 | $158,963 | |
Nick Hagen Lineman | 50 | $167,017 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mountain Power Construction Company Outage Restoration | 12/30/23 | $356,256 |
Asplundh Tree Expert Company Tree Trimming | 12/30/23 | $930,522 |
Dj Eich Timber Service Tree Trimming | 12/30/23 | $296,627 |
Eby Tree Service Llc Tree Trimming | 12/30/23 | $759,442 |
Ginno Construction Company Construction | 12/30/23 | $508,446 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,874,043 |
| Investment income | $44,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $73,433 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,733,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $5,166,689 |
| Compensation of current officers, directors, key employees. | $607,743 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,414,965 |
| Pension plan accruals and contributions | $1,644,855 |
| Other employee benefits | $998,945 |
| Payroll taxes | $480,828 |
| Fees for services: Management | $301,622 |
| Fees for services: Legal | $62,007 |
| Fees for services: Accounting | $40,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,633 |
| Office expenses | $69,576 |
| Information technology | $589,954 |
| Royalties | $0 |
| Occupancy | $378,783 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $160,218 |
| Interest | $1,470,697 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,782,344 |
| Insurance | $186,303 |
| All other expenses | $0 |
| Total functional expenses | $44,733,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,137,573 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,771,947 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,015,390 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $88,367,461 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $5,203,436 |
| Intangible assets | $0 |
| Other assets | $67,308 |
| Total assets | $103,563,115 |
| Accounts payable and accrued expenses | $11,262,994 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $27,500,457 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,763,451 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $163,377 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $64,636,287 |
| Total liabilities and net assets/fund balances | $103,563,115 |