Central Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 250397695 ✦ Parker, PA ✦ Designated as a 501(c)(12)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Central Electric Cooperative Inc?

Central Electric Cooperative Inc is a nonprofit cooperative based in Parker, Pennsylvania (PO Box 329716, Routes 368). Their primary mission is to provide reliable electric distribution services to residents in rural areas of Pennsylvania. With a team of 77 dedicated individuals, they operate on a cooperative basis, ensuring that their members receive essential electricity needs. Central Electric Cooperative Inc's commitment to their community extends beyond just power distribution, as they strive to create a sustainable energy infrastructure for their members.


Official website here: www.central.coop

Is Central Electric Cooperative Inc legitimate?

Central Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Electric Cooperative Inc 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: $891,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.central.coop

What is the mission statement of Central Electric Cooperative Inc?

Central Electric Cooperative Inc is dedicated to providing electric distribution services on a cooperative basis to members residing in rural areas. The cooperative's primary mission revolves around delivering electricity to its members in a cooperative manner. In simple terms, Central Electric Cooperative Inc aims to ensure that electricity reaches the homes and businesses of its rural members in a collaborative and supportive fashion. The organization's commitment to its mission is unwavering, with a focus on serving its community and ensuring reliable access to electricity for all of its members. Additionally, Central Electric Cooperative Inc often strives to improve its services, making it a trusted and dependable electricity provider within rural Pennsylvania.


Official website here: www.central.coop

Who is the CEO of Central Electric Cooperative Inc?

Matthew Boshaw is the General Manager of Central Electric Cooperative Inc.


Official website here: www.central.coop

What is the revenue of Central Electric Cooperative Inc?

Central Electric Cooperative Inc's revenue in 2022 was $27,956,147.


Official website here: www.central.coop

Who are the executives of Central Electric Cooperative Inc and what are their salaries?

The average compensation at Central Electric Cooperative Inc during 2022 was $11,573. There are 77 employees at Central Electric Cooperative Inc.


Here are 16 key members and their salaries:


Richard Weaver (Director)
  • Compensation: $14,392
  • Related: $0
  • Other: $0
Robert Smith (Vice President)
  • Compensation: $17,879
  • Related: $0
  • Other: $0
Kenneth Etzel (Director)
  • Compensation: $11,803
  • Related: $0
  • Other: $0
Nancy Lendyak (President)
  • Compensation: $17,504
  • Related: $0
  • Other: $0
Althea Smith (Secretary/Treas)
  • Compensation: $16,386
  • Related: $0
  • Other: $0
Jody Weaver (Director)
  • Compensation: $14,887
  • Related: $0
  • Other: $0
Kenneth D Durrett (Director)
  • Compensation: $12,010
  • Related: $0
  • Other: $0
Alfred Campbell (Director)
  • Compensation: $19,654
  • Related: $0
  • Other: $0
Chester Conti (Cfo)
  • Compensation: $147,336
  • Related: $0
  • Other: $54,408
Matthew Boshaw (General Manager)
  • Compensation: $253,416
  • Related: $0
  • Other: $76,852
Fred Terwilliger (Assistant Gm/Coo)
  • Compensation: $176,159
  • Related: $0
  • Other: $58,401
Stephanie Deal (Director Of Human Resource)
  • Compensation: $138,038
  • Related: $0
  • Other: $48,668
Lisa Hoover (Director Of Member Service)
  • Compensation: $147,335
  • Related: $0
  • Other: $50,416
Terry Kriebel (Lineman)
  • Compensation: $149,740
  • Related: $0
  • Other: $40,484
Greg Bly (Lineman)
  • Compensation: $140,594
  • Related: $0
  • Other: $34,505
Randall D Renfrew Ii (Lineman)
  • Compensation: $138,832
  • Related: $0
  • Other: $33,715


Official website here: www.central.coop

Where can I find the form 990 for Central Electric Cooperative Inc?

Central Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.central.coop

Learn more at the official website: www.central.coop

Mission Statement of Central Electric Cooperative Inc

Central Electric Cooperative Inc, a nonprofit organization based in Pennsylvania, is dedicated to the cooperative distribution of electric services to rural community members. With a mission centered around cooperation, Central Electric Cooperative Inc strives to ensure that its members in rural areas of the state have reliable access to electricity. By operating on a cooperative basis, the organization fosters a strong sense of community and mutual support among its members. The provision of electric distribution services is not just a business for Central Electric Cooperative Inc, but a commitment to enhancing the quality of life for those living in rural Pennsylvania. Through its cooperative efforts, the organization aims to bring the essential conveniences of electricity to its members, enabling them to thrive in their daily lives. Central Electric Cooperative Inc's unwavering dedication to community empowerment and cooperative partnership sets it apart as a vital resource for rural Pennsylvania residents.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Central Electric Cooperative Inc plays a crucial role in delivering electric distribution services to rural Pennsylvania communities. By operating on a cooperative basis, it ensures that local members have access to reliable and affordable electricity, fostering economic stability and growth in underserved areas. This service is vital for enhancing the quality of life, supporting local businesses, and attracting new residents to these rural regions.

With its headquarters in Parker, PA, Central Electric Cooperative Inc prioritizes the needs and interests of its members, focusing on community engagement and sustainable practices. The cooperative model empowers residents, as they have a direct say in the organization's operations and decision-making processes, reinforcing a sense of ownership and community participation.

In addition to providing essential electrical services, the cooperative contributes to public benefit by promoting energy efficiency and environmental sustainability. Through various initiatives, it helps members reduce energy consumption, lower costs, and minimize their ecological footprint, ultimately supporting a healthier community.

Overall, Central Electric Cooperative Inc significantly impacts rural Pennsylvania by ensuring access to electricity, fostering community inclusivity, and prioritizing sustainable practices for future generations.




This information is meant to be a general summary of Central Electric Cooperative Inc. 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.

Revenue
$27,956,147 (2022)
Expenses
$24,812,058 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $185,071
  • Gross Receipts: $46,888,261

Assets and Liabilities:

  • Total Assets: $129,344,147
  • Total Liabilities: $80,063,305
  • Net Assets: $49,280,842

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1937

Principal Officer

Matthew Boshaw

Main Address

PO BOX 329716 ROUTE 368, PARKER, PA, 16049

NTEE Category

Code: W80 - Public benefit

If you are a representative of Central Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.