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EIN 91-0361270

Peninsula Light Company

IRS 501(c) type
501(c)(12)
Num. employees
98
City
Gig Harbor
State
Washington
Year formed
1925
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Peninsula Light Company distributes electricity and water to its member's property, with a current membership of approximately 32,640. All activities are driven by the mission of providing these services while operating the company in a fiscally responsible manner consistent with the purposes of the mutual corporation. Additionally, programs are offered that align with this mission.
Total revenues
$66,134,735
2022
Total expenses
$60,294,937
2022
Total assets
$209,146,749
2022
Num. employees
98
2022

Program areas at Peninsula Light Company

Distribution of electricity and water to member's property. Currently serves approximately 32,640 members.

Personnel at Peninsula Light Company

NameTitleCompensation
Jafar TaghaviChief Executive Officer$356,356
Simpson MichaelChief Operating Officer / Chief Operations Officer$176,206
Hancock DanaChief Business Officer$145,943
Redmond RyanChief Resources Officer / Chief Resource Officer$172,677
Crosby BrianJourneyman Lineman$175,800
...and 18 more key personnel

Financials for Peninsula Light Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$64,920,598
Investment income and dividends$241,134
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$517,952
Net gain from sale of non-inventory assets$39,551
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$415,500
Total revenues$66,134,735

Form 990s for Peninsula Light Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-02-03990View PDF
2017-122018-12-22990View PDF
...and 8 more Form 990s

Organizations like Peninsula Light Company

OrganizationLocationRevenue
Oregon Trail Electric Consumers CooperativeBaker City, OR$60,388,263
Paulding Putnam Electric Co-OpPaulding, OH$47,973,353
Covington Electric CooperativeAndalusia, AL$67,323,003
Glacier Electric CooperativeCut Bank, MT$16,811,744
Energyunited Electric Membership CorporationStatesville, NC$283,002,756
Four County Electric Membership CorporationBurgaw, NC$109,316,259
Prince George Electric Cooperative (PGEC)Waverly, VA$54,391,598
North Western Electric CooperativeBryan, OH$17,903,212
Upshur-Rural Electric Cooperative CorporationGilmer, TX$117,232,017
Cloverland Electric CooperativeSault Ste Marie, MI$89,448,818
Data update history
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 4 new personnel
December 28, 2023
Used new vendors
Identified 1 new vendor, including
December 7, 2023
Updated personnel
Identified 7 new personnel
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
13315 Goodnough Dr NW
Gig Harbor, WA 98332
Metro area
Seattle-Tacoma-Bellevue, WA
County
Pierce County, WA
Website URL
penlight.org/ 
Phone
(253) 857-5950
IRS details
EIN
91-0361270
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1925
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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