Overview
What is Claverack Rural Electric Cooperative?
Claverack Rural Electric Cooperative is a Pennsylvania-based nonprofit organization dedicated to providing electric service to rural communities. With a cooperative ownership structure, they ensure reliable electricity to their member-owners, fostering a strong sense of community. Their mission and activity revolve around delivering essential electrical services to residents in rural Pennsylvania, enhancing their quality of life.
Official website here: www.claverack.com
Is Claverack Rural Electric Cooperative legitimate?
Claverack Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Claverack Rural Electric Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $908,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.claverack.com
What is the mission statement of Claverack Rural Electric Cooperative?
Claverack Rural Electric Cooperative is dedicated to providing electrical service to residents in rural areas of Pennsylvania. Through the cooperative ownership model, they aim to deliver electricity to their member-owners in a reliable and efficient manner. Their mission is centered around ensuring that electricity reaches those living in rural communities, enhancing their quality of life and supporting their daily needs. By providing this essential service, Claverack Rural Electric Cooperative plays a vital role in powering the homes and businesses of its members.
Official website here: www.claverack.com
Who is the CEO of Claverack Rural Electric Cooperative?
Steven Allabaugh is the Director of Claverack Rural Electric Cooperative. The CEO's salary of Claverack Rural Electric Cooperative is $236,907 and their total compensation is $322,398.
Official website here: www.claverack.com
What is the revenue of Claverack Rural Electric Cooperative?
Claverack Rural Electric Cooperative's revenue in 2022 was $25,825,305.
Official website here: www.claverack.com
Who are the executives of Claverack Rural Electric Cooperative and what are their salaries?
Here are 17 key members and their salaries (Claverack Rural Electric Cooperative's CEO's salary is $236,907 and their total compensation is $322,398):
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $16,600
- Related: $0
- Other: $0
- Compensation: $15,200
- Related: $0
- Other: $0
- Compensation: $17,000
- Related: $0
- Other: $0
- Compensation: $14,600
- Related: $0
- Other: $0
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $15,800
- Related: $0
- Other: $0
- Compensation: $17,000
- Related: $0
- Other: $0
- Compensation: $236,907
- Related: $0
- Other: $85,491
- Compensation: $138,862
- Related: $0
- Other: $48,574
- Compensation: $178,802
- Related: $0
- Other: $75,125
- Compensation: $159,463
- Related: $0
- Other: $59,614
- Compensation: $156,286
- Related: $0
- Other: $55,477
- Compensation: $156,413
- Related: $0
- Other: $33,692
- Compensation: $153,256
- Related: $0
- Other: $54,526
- Compensation: $146,168
- Related: $0
- Other: $37,157
Official website here: www.claverack.com
Where can I find the form 990 for Claverack Rural Electric Cooperative?
Claverack Rural Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.claverack.com
Learn more at the official website: www.claverack.com
Mission Statement of Claverack Rural Electric Cooperative
Claverack Rural Electric Cooperative, a mission-driven organization based in Pennsylvania, is dedicated to providing essential electric service to rural communities. Through the cooperative model of ownership, this nonprofit ensures that its member-owners in rural areas of the state have consistent access to electricity.
At the heart of Claverack Rural Electric Cooperative's mission lies the provision of electric service. This nonprofit is committed to delivering reliable electricity to the remote and often underserved areas of Pennsylvania. The cooperative's team works diligently to ensure that every member benefits from the power of electricity, enhancing their quality of life and enabling them to thrive in their rural environments.
Claverack Rural Electric Cooperative's unique approach to electricity provision stems from its cooperative ownership structure. This model empowers the members to have a voice in the organization's operations and decision-making processes. By fostering a sense of community and collaboration, the cooperative creates a strong network of support, not just for the provision of electric service, but also for the social and economic development of the rural areas it serves.
In summary, Claverack Rural Electric Cooperative is a mission-driven organization that proudly serves rural Pennsylvania by providing reliable electric service to its member-owners. It is a cooperative that believes in the power of community and works diligently to ensure that its members have access to the essential services necessary for a good quality of life.
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Impact
October, 2024
Claverack Rural Electric Cooperative provides essential electrical service to member-owners in rural Pennsylvania, significantly enhancing the quality of life in the communities it serves. By utilizing a cooperative ownership model, Claverack ensures that the benefits of electricity access are shared among its members, fostering a sense of community and collective responsibility.
Operating out of Wysox, PA, the cooperative's commitment to delivering reliable power has empowered local residents, supporting everything from household needs to small businesses. This provision of energy not only facilitates daily life but also promotes economic development in rural areas, enhancing opportunities for growth and stability. By focusing on the needs of its members, Claverack plays a pivotal role in bridging the gap between urban and rural energy access, contributing to public benefit and sustainable living in the region.
This information is meant to be a general summary of Claverack Rural Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43,145
- Gross Receipts: $46,028,012
Assets and Liabilities:
- Total Assets: $119,460,651
- Total Liabilities: $52,821,095
- Net Assets: $66,639,556
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Organization Details
Founding Year
1936
Phone
(570) 265-2167Principal Officer
Steven Allabaugh
Main Address
32750 ROUTE 6, WYSOX, PA, 18854
Website
www.claverack.comNTEE Category
Code: W80 - Public benefit
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