Inland Power & Light Co
501(c)(12)
Strong reserves
Inland Power & Light Co is a 501(c)(12) organization based in Spokane, Washington, registered in 1948, with $97,383,002 in FY2024 revenue.
10110 W Hallett Rd, Spokane, WA, 99224 EIN 91-0267315 Since 1948
Revenue (FY2024)
$97.4M
▲ 0.8% vs prior year
Expenses (FY2024)
$102.9M
Net assets
$132.2M
Employees
129
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Inland Power & Light Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating15 mo reserves · -6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Inland Power & Light Co: 15 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Inland Power & Light Co: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Inland Power & Light Co: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Distribution and sale of electricity.
Contact & location
- Address
- 10110 W Hallett Rd, Spokane, WA, 99224
- City
- Spokane
- State
- Washington
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.5M (FY2013) to $97.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $182.8MNet assets $132.2M
Operating margin
-5.7%
Spent more than it raised in the latest fiscal year.
Total assets
$314.9M
Total liabilities
$182.8M
Net assets
$132.2M
Salaries & benefits
$15.7M
15% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,383,002▲0.8% | $102,924,928▲8.9% | $132,170,021▼0.2% | $314,940,056▲3.6% | 990 |
| 2023 | $96,597,816▲2.0% | $94,519,134▼1.1% | $132,419,260▲5.8% | $304,009,480▲2.7% | 990 |
| 2022 | $94,666,539▲4.1% | $95,528,268▲10.1% | $125,125,049▲4.7% | $295,973,763▼0.8% | 990 |
| 2021 | $90,911,502▲4.5% | $86,785,909▼2.0% | $119,563,726▲6.7% | $298,221,337▼1.3% | 990 |
| 2020 | $86,983,123▲0.7% | $88,543,775▲3.2% | $112,055,447▲2.4% | $302,194,815▼0.9% | 990 |
| 2019 | $86,348,339▲4.4% | $85,777,048▲7.2% | $109,418,366▲4.1% | $304,792,547▼0.4% | 990 |
| 2018 | $82,725,677▲1.1% | $79,984,663▲3.4% | $105,159,145▲4.1% | $305,985,415▼1.5% | 990 |
| 2017 | $81,813,877▲9.6% | $77,360,245▲8.3% | $100,970,097▲5.2% | $310,783,184▼1.5% | 990 |
| 2016 | $74,642,987▲0.4% | $71,416,172▼2.0% | $95,981,095▲3.8% | $315,414,400▼1.7% | 990 |
| 2015 | $74,317,683▼1.5% | $72,876,441▲0.3% | $92,467,481▲1.9% | $320,959,889▼1.0% | 990 |
| 2014 | $75,425,532▲6.9% | $72,627,483▲6.3% | $90,716,706▲3.4% | $324,187,395▲0.2% | 990 |
| 2013 | $70,528,703 | $68,303,352▲12.6% | $87,729,083▲2.8% | $323,681,730▲114% | 990 |
| 2012 | — | $60,654,322▲9.2% | $85,304,050▲1.1% | $151,508,271▲0.9% | 990 |
| 2011 | — | $55,530,873▲5.5% | $84,410,050▲5.8% | $150,226,914▲2.7% | 990 |
| 2010 | — | $52,652,780 | $79,798,456 | $146,286,813 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jasen Bronec — $431,058 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jasen Bronec | Ceo | 50 | $431,058 |
| Josiah Thompson | Area Service Representative | 59 | $313,901 |
| Kevin Shaw | Area Service Representative | 55 | $274,272 |
| Jennifer Lutz | Cao | 50 | $240,008 |
| Glen Best | Coo | 50 | $238,634 |
| Douglas Heiser | Area Service Rep | 53 | $238,200 |
| Robert Swiger | Area Service Representative | 55 | $238,037 |
| William Risken | Area Service Representative | 54 | $237,524 |
| David Clukey | General Counsel | 50 | $221,173 |
| Brian Hess | Cfo | 50 | $218,551 |
| Troy Huff | Cto | 50 | $184,361 |
| Timothy Obrien | Chief General Counsel | 50 | $171,391 |
| Gale Rettkowski | Trustee | 3 | $55,211 |
| James Kroll | Trustee | 3 | $38,200 |
| Kristina Bahr | Trustee | 3 | $33,878 |
| Randy Suess | Trustee | 3 | $33,560 |
| Chris Davis | Trustee | 3 | $31,260 |
| Brian Slaybaugh | Trustee | 3 | $30,060 |
| James Baye | Trustee | 3 | $17,235 |
| Garry Rosman | Trustee | 3 | $11,248 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cda Tree and Utility | Tree Clearing | $1,545,512 |
| Palouse Power LLC | Line Construction | $1,397,538 |
| Wilson Construction | Line Construction | $846,897 |
| Wright Tree Service Inc | Tree Clearing | $793,616 |
| Associated Arborists | Tree Clearing | $708,859 |
Grants made · $123K in FY2024
13 grants totaling $123K in FY2024. All grants made by Inland Power & Light Co →
| Recipient | Purpose | Amount |
|---|---|---|
| Spokane Neighborhood Action Partners | Assist snap in providing monetary energy assistance to households in need. of the grand total paid the cooperative receives a wa state tax credit typically equal to half the amount. | $69,407 |
| Inland Power Community Foundation | Collects funds to distribute grants to applicants from local families and charitable organizations to better the community. | $34,500 |
| Second Harvest Inland Northwest | Support children in ipl service territory | $5,771 |
| Rhs Falcon Boosters | Sponsor robotics team | $5,000 |
| Cooperative Family Fund | Supporting children of parents who died doing line work | $4,000 |
| Nreca International Ltd | Support nreca international in expanding the power grid | $1,000 |
| Vanessa Behan | Support families in the ipl service territory | $500 |
| Davenport Senior Center | Support families in the ipl service territory | $500 |
| Garfield County Christian Youth Program | Support families in the ipl service territory | $500 |
| Greater Spokane County Meals On Wheels | Support families in the ipl service territory | $500 |
| Washington State University | Support 4-h in the ipl service territory | $500 |
| Upper Columbia Resource Conservation & Development Council | Support families in the ipl service territory | $500 |
| Harvest Celebration Church | Support families in the ipl service territory | $250 |
Frequently asked questions
- Is Inland Power & Light Co a legitimate nonprofit?
- Yes. Inland Power & Light Co is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 91-0267315, based in Spokane, Washington.
- What is Inland Power & Light Co's EIN?
- Inland Power & Light Co's Employer Identification Number (EIN) is 91-0267315.
- How much revenue does Inland Power & Light Co report?
- Inland Power & Light Co reported $97,383,002 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Inland Power & Light Co's highest-paid employee make?
- The highest reported compensation on Inland Power & Light Co's latest Form 990 is $431,058, paid to Jasen Bronec (Ceo).
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Data for Inland Power & Light Co (EIN 91-0267315) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.