Columbia Basin Electric Cooperative Inc
- Assets
- $25.7m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Heppner, OR
- Founding
- 03/1952
- Data as of
- 12/2022
- EIN
- 93-0337164
Organization Overview
Columbia Basin Electric Cooperative Inc is located in Heppner, OR. The organization was established in 1952. 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 12/2022, Columbia Basin Electric Cooperative Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbia Basin 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 12/2022, Columbia Basin Electric Cooperative Inc generated $11.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $11.1m during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLUMBIA BASIN ELECTRIC COOPERATIVE, INC MISSION IS TO DISTRIBUTE ELECTRICAL POWER, ON A COOPERATIVE BASIS, TO OUR CONSUMER OWNER/MEMBERS, AT THE MOST AFFORDABLE COST WHILE PROVIDING A HIGH LEVEL OF CONFIDENCE AND RELIABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SALE OF ELECTRICAL ENERGY: KWH SOLD 125,970,372 CONSUMERS: 3,984
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 |
|---|---|---|---|
Andy R Fletcher General Manager & CEO | Officer | 40 | $166,541 |
Brian K Kollman Operations Manager | 41.17 | $165,213 | |
Tate Gentry Journeyman Lineman | 50.22 | $144,799 | |
James Schlaich Foreman | 46.71 | $143,349 | |
Joshua Winters Serviceman | 46.6 | $133,284 | |
John Irzyk Serviceman | 42.98 | $129,339 |
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 | $11,020,058 |
| Investment income | $23,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,086,251 |
| 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 | $374,892 |
| Compensation of current officers, directors, key employees. | $919,325 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $804,075 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $26,060 |
| Fees for services: Legal | $115,550 |
| Fees for services: Accounting | $14,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $75,320 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $295,946 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,258,067 |
| Insurance | $0 |
| All other expenses | $86,433 |
| Total functional expenses | $11,086,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $824,083 |
| Savings and temporary cash investments | $5,838 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,276,907 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $759,273 |
| Prepaid expenses and deferred charges | $51,874 |
| Net Land, buildings, and equipment | $19,144,806 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $839,010 |
| Intangible assets | $0 |
| Other assets | $2,796,710 |
| Total assets | $25,698,501 |
| Accounts payable and accrued expenses | $799,314 |
| 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 | $7,440,622 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $858,739 |
| Total liabilities | $9,098,675 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,718 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $16,597,108 |
| Total liabilities and net assets/fund balances | $25,698,501 |