Ohop Mutual Light Co
- Assets
- $21.2m
- Revenue
- $8.1m
- Investments
- $212.0k
- Employees
- 19
- Location
- Eatonville, WA
- Founding
- 01/1948
- Data as of
- 12/2021
- EIN
- 91-0344550
Organization Overview
Ohop Mutual Light Co is located in Eatonville, WA. The organization was established in 1948. 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, Ohop Mutual Light Co employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohop Mutual Light Co 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, Ohop Mutual Light Co generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $7.8m 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELECTRIC UTILITY SERVICE TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALE OF ELECTRIC SERVICES TO 3,516 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Klotz General Manager | Officer | 50 | $189,100 |
Chris Curtis Lead Lineman | 40 | $167,363 | |
Joel Hansen Office Supervisor | Officer | 40 | $146,657 |
Donny Blank Working Line Foreman | 40 | $139,776 | |
Kameron Byrd Line Apprentice | 40 | $118,347 | |
Isabella Deditch Director | Trustee | 3 | $12,438 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jk Builders Northwest Llc Construction Service | 12/30/18 | $137,767 |
Asplundh Tree Expert Co Tree Trimming | 12/30/18 | $373,739 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $244,945 |
| 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 | $244,945 |
| Total Program Service Revenue | $7,680,239 |
| Investment income | $40,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $75,291 |
| Net Gain/Loss on Asset Sales | -$48,648 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,133,923 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $376,487 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,950 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $96,677 |
| Advertising and promotion | $115,363 |
| Office expenses | $54,264 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,726 |
| Travel | $123,050 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,010 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $597,447 |
| Insurance | $62,105 |
| All other expenses | $559,092 |
| Total functional expenses | $7,768,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,326,948 |
| Savings and temporary cash investments | $3,846,939 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,392,018 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $887,745 |
| Prepaid expenses and deferred charges | $791,723 |
| Net Land, buildings, and equipment | $10,718,200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $212,037 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,175,610 |
| Accounts payable and accrued expenses | $1,099,180 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,099,180 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $20,076,430 |
| Total liabilities and net assets/fund balances | $21,175,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Electric Co-Op Inc Heyburn, ID | $23,389,299 | $19,882,483 |
Elmhurst Mutual Power And Light Co Tacoma, WA | $32,294,963 | $19,833,230 |
Douglas Electric Cooperative Inc Roseburg, OR | $72,257,465 | $22,631,556 |
Lakeview Light & Power Lakewood, WA | $50,109,948 | $24,172,277 |
Harney Electric Cooperative Inc Hines, OR | $32,154,008 | $16,091,631 |
Blachly-Lane County Cooperative Electric Association Eugene, OR | $33,526,638 | $15,080,085 |
Parkland Light & Water Company Tacoma, WA | $42,709,754 | $15,177,864 |
Tanner Electric North Bend, WA | $38,780,092 | $13,296,092 |
Wasco Electric Cooperative Inc The Dalles, OR | $33,431,100 | $13,089,823 |
Columbia Basin Electric Cooperative Inc Heppner, OR | $26,244,275 | $10,397,548 |
Hood River Electric Cooperative Odell, OR | $17,097,516 | $11,050,044 |
Naknek Electric Association Inc Naknek, AK | $48,960,735 | $11,351,355 |