Mohave Electric Cooperative Inc

Organization Overview

Mohave Electric Cooperative Inc is located in Bullhead City, AZ. 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, Mohave Electric Cooperative Inc employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mohave Electric Cooperative 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, Mohave Electric Cooperative Inc generated $80.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $79.3m during the year ending 12/2021. While expenses have increased by 2.4% 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

TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MOHAVE ELECTRIC IS A LOCALLY-BASED, NOT-FOR-PROFIT DISTRIBUTION COOPERATIVE, PROVIDING ELECTRICITY TO MORE THAN 47,000 METERS WITH OVER 1,500 MILES OF LINE IN THE COMMUNITIES OF BULLHEAD CITY, FORT MOHAVE, MOHAVE VALLEY, WILIEUP, HACKBERRY, AND PEACH SPRINGS.


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Board, Officers & Key Employees

Name (title)Compensation
J Tyler Carlson
CEO
$658,030
Arden Lauxman
CFO
$179,775
Richard Campos
COO
$159,954
Heath Barker
Cio
$141,797
Raymond Fleck
Journeyman L
$139,929
Jerry Hardy
Mgr. Enginee
$125,287

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Four States Electric Inc
Constructioin
$824,210
Hool Coury Law Plc
Consultant - Le
$407,454
Asplundh Tree Expert Co
Tree Trimmer Co
$360,714
Ch Guernsey & Company
Engineering
$284,341
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,824,050
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$1,824,050
Total Program Service Revenue$76,990,078
Investment income $819,713
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $273,728
Net Gain/Loss on Asset Sales -$61,794
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $80,080,972

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