United Electric Co-Op Inc

Organization Overview

United Electric Co-Op Inc is located in Heyburn, ID. The organization was established in 1997. 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, United Electric Co-Op Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Electric Co-Op 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, United Electric Co-Op Inc generated $19.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $19.9m during the year ending 12/2021. While expenses have increased by 2.5% 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

ELECTRIC ENERGY SALES TO PATRONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ELECTRIC ENERGY SALES AND MAINTENANCE TO 7,190 ACTIVE SERVICES FOR 4,797 MEMBERS. THE COOPERATIVE PURCHASED 318,919,813 KWH OF ELECTRICITY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tree Whisper Tree Service Llc
Tree Service
$127,840
Premier Pole Inspection
Pole Testing
$133,602
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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$19,753,487
Investment income $9,333
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $16,775
Net Gain/Loss on Asset Sales $51,200
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,882,483

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