Moon Lake Electric Association Inc

Organization Overview

Moon Lake Electric Association Inc is located in Roosevelt, UT. The organization was established in 1942. 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, Moon Lake Electric Association Inc employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moon Lake Electric Association 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, Moon Lake Electric Association Inc generated $84.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $80.8m during the year ending 12/2022. While expenses have increased by 20.7% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A SAFE AND EFFICIENT ELECTRICAL SYSTEM TO DELIVER POWER TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE A SAFE AND EFFICIENT ELECTRICAL SYSTEM TO DELIVER POWER TO MEMBERS.


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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$83,401,526
Investment income $780,853
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $68,146
Net Gain/Loss on Asset Sales $19,743
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $84,270,268

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