Kootenai Electric Cooperative Inc

Kootenai Electric Cooperative Inc 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 12/2019, Kootenai Electric Cooperative Inc employed 95 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 12/2019, Kootenai Electric Cooperative Inc generated $49.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $49.8m during the year ending 12/2019. While expenses have increased by 4.5% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE OUR 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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Kootenai Electric Cooperative Inc Board, Officers & Key Employees

Kootenai Electric Cooperative Inc Vendors

Vendor Name (Service)Compensation
International Line Builders
Line Construction
$2,550,254
Wilson Construction
Line Construction
$1,879,035
Potelco Inc
Line Construction
$1,673,262
Robinson Brothers
Line Construction
$1,200,432
Associated Arborists
Tree Trimming
$989,610
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$48,769,268
Investment income $36,830
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $13,641
Net Gain/Loss on Asset Sales $45,270
Net Income from Fundraising Events $22,982
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,875
Miscellaneous Revenue$0
Total Revenue $49,767,766

Kootenai Electric Cooperative Inc 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

Kootenai Electric Cooperative Inc 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

Kootenai Electric Cooperative Inc Peer Organizations

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