Kootenai Electric Cooperative Inc

Organization Overview

Kootenai Electric Cooperative Inc is located in Hayden, ID. The organization was established in 1943. 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, Kootenai Electric Cooperative Inc employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kootenai 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, Kootenai Electric Cooperative Inc generated $58.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $54.5m during the year ending 12/2021. While expenses have increased by 4.5% 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

PROVIDE MEMBER-OWNERS DEPENDABLE ELECTRIC POWER AND EXCEPTIONAL SERVICE AT COMPETITIVE RATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KOOTENAI ELECTRIC COOPERATIVE, INC. IS A MEMBER-OWNED ELECTRIC UTILITY WHICH PROVIDES RELIABLE ELECTRIC SERVICE TO APPROXIMATELY 27,000 MEMBERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Associated Arborists
Tree Trimming
$3,172,691
Wilson Construction Company
Line Construction
$2,463,697
Palouse Power Llc
Line Construction
$2,022,787
Cooperative Building Solutions
Building Design
$896,411
National Information Solutions
Software Provider
$566,476
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,147,243
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$2,147,243
Total Program Service Revenue$54,170,892
Investment income $25,856
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $24,334
Net Gain/Loss on Asset Sales $762,995
Net Income from Fundraising Events $20,452
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,518
Miscellaneous Revenue$0
Total Revenue $58,518,255

Grants Awarded

Over the last fiscal year, Kootenai Electric Cooperative Inc has awarded $92,702 in support to 2 organizations.

Grant RecipientAmount

KOOTENAI ELECTRIC TRUST INC

Org PageRecipient Profile

Hayden, ID

PURPOSE: GENERAL SUPPORT

$85,202

COMMUNITY ACTION PARTNERSHIP

Org PageRecipient Profile

Lewiston, ID

PURPOSE: PROVIDES ASSISTANCE TO LOCAL COMMUNITY POPULATION IN PAYING UTILITY BILLS

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kootenai Electric Cooperative Inc has recieved totaling $50,000.

Awarding OrganizationAmount
Bonneville Environmental Foundation

Portland, OR

PURPOSE: MG 10569

$50,000
View Grant Recipient Profile

Peer Organizations

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