Niobrara Electric Association Inc

Organization Overview

Niobrara Electric Association Inc is located in Lusk, WY. The organization was established in 1955. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Niobrara Electric Association Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Niobrara Electric Association Inc 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 12/2021, Niobrara Electric Association Inc generated $12.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $12.6m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RURAL ELECTRIFICATION WITHIN THE COOPERATIVE'S SERVICE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SALE OF ELECTRIC ENERGY TO RURAL CUSTOMERS IN SPARSELY POPULATED AREAS.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Bridge Jr
Operations Mgr.
$110,724
Jason B Fish
Line Supt.
$106,483
Justin J Huston
Ne Line Foreman
$101,795
William Smith
Meter Technician
$101,630
Shawna Glendy
General Manager
$83,065
David Keener
Sec-Treasurer
$1,275

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ward Electric Company
Line Construction
$1,124,830
Esc Engineering
Engineering
$492,946
Besler Inc
Substation Services
$230,030
Interstate Electrical Contractors Inc
Construction/testing
$536,338
View All Vendors

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$12,005,058
Investment income $285,920
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $14,183
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,306,280

Grants Awarded

Over the last fiscal year, Niobrara Electric Association Inc has awarded $32,500 in support to 2 organizations.

Grant RecipientAmount

SILVER SPRINGS CENTER FOR EXC

|

|

$25,000

HARRISON VOLUNTEER FIRE DEPT

Org PageRecipient Profile

Harrison, NE

|

$7,500
View Grant Profile

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