Carroll Electric Cooperative Inc

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

EIN: 340133865 ✦ Carrollton, OH ✦ Designated as a 501(c)(12)

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Overview

What is Carroll Electric Cooperative Inc?

Carroll Electric Cooperative Inc, based in Carrollton, Ohio, serves as a dedicated electric utility provider to the communities of Carroll, Columbiana, Harrison, Jefferson, Tuscarawas, and Stark Counties. With a mission to ensure reliable electricity access for approximately 8,978 members, this nonprofit cooperative boasts a workforce of 35 employees. Carroll Electric Cooperative's commitment extends beyond the mere provision of electricity; they strive to meet the unique needs of their community members.


Official website here: www.cecpower.coop

Is Carroll Electric Cooperative Inc legitimate?

Carroll Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Carroll 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: $389,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cecpower.coop

What is the mission statement of Carroll Electric Cooperative Inc?

Carroll Electric Cooperative Inc is dedicated to delivering electricity to its member base. The cooperative prioritizes reliable electric service, ensuring that a consistent power supply is available to approximately 8,978 customers in various counties. Carroll Electric Cooperative's commitment extends beyond just providing electricity; they strive to meet the ongoing power needs of their community.


Official website here: www.cecpower.coop

Who is the CEO of Carroll Electric Cooperative Inc?

Larry Fenbers is the Ceo/General of Carroll Electric Cooperative Inc. The CEO's salary of Carroll Electric Cooperative Inc is $293,954 and their total compensation is $451,126.


Official website here: www.cecpower.coop

What is the revenue of Carroll Electric Cooperative Inc?

Carroll Electric Cooperative Inc's revenue in 2022 was $25,547,711.


Official website here: www.cecpower.coop

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

The average compensation at Carroll Electric Cooperative Inc during 2022 was $11,116. There are 35 employees at Carroll Electric Cooperative Inc.


Here are 15 key members and their salaries (Carroll Electric Cooperative Inc's CEO's salary is $293,954 and their total compensation is $451,126):


Larry Fenbers (Ceo/General)
  • Compensation: $293,954
  • Related: $0
  • Other: $157,172
Deanna Smith (Manager Of F)
  • Compensation: $128,979
  • Related: $0
  • Other: $102,764
William Meese (Manager Of E)
  • Compensation: $142,613
  • Related: $0
  • Other: $80,733
Paden Spilker (Crew Leader)
  • Compensation: $153,581
  • Related: $0
  • Other: $39,529
Vincent Cunningham (Lineman)
  • Compensation: $114,757
  • Related: $0
  • Other: $44,345
Austin Jackson (Lineman)
  • Compensation: $109,307
  • Related: $0
  • Other: $30,114
Harold Sutton (Chairman)
  • Compensation: $13,628
  • Related: $0
  • Other: $0
Robert Mccort (Director)
  • Compensation: $11,850
  • Related: $0
  • Other: $0
Gary Snode (Vice Chairma)
  • Compensation: $11,600
  • Related: $0
  • Other: $0
Diane Brown (Director)
  • Compensation: $11,250
  • Related: $0
  • Other: $0
Kevin Tullis (Secretary/Tr)
  • Compensation: $10,750
  • Related: $0
  • Other: $0
Tim N Dayton (Director)
  • Compensation: $9,925
  • Related: $0
  • Other: $0
William T Brown (Director)
  • Compensation: $9,150
  • Related: $0
  • Other: $0
Vincent Carter (Director)
  • Compensation: $9,050
  • Related: $0
  • Other: $0
William Casper (Director)
  • Compensation: $7,900
  • Related: $0
  • Other: $0


Official website here: www.cecpower.coop

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

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


Official website here: www.cecpower.coop

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

Mission Statement of Carroll Electric Cooperative Inc

Carroll Electric Cooperative Inc, a dedicated provider of electricity, works tirelessly to ensure its members in various counties have access to reliable electric service. With a commitment to Carroll, Columbiana, Harrison, Jefferson, Tuscarawas, and Stark Counties, Carroll Electric Cooperative has connected nearly 8,978 customers to a consistent power supply.

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Impact




October, 2024

Carroll Electric Cooperative Inc significantly impacts the communities it serves by providing reliable electricity to nearly 8,978 customers across Carroll, Columbiana, Harrison, Jefferson, Tuscarawas, and Stark Counties in Ohio. This essential service enhances the quality of life for residents and local businesses, ensuring access to power for daily activities, economic development, and overall community well-being. The cooperative's commitment to reliability fosters trust and stability, crucial for both households and enterprises. By prioritizing the needs of its members, Carroll Electric Cooperative plays a vital role in supporting local economies and improving community resilience.




This information is meant to be a general summary of Carroll 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
$25,547,711 (2022)
Expenses
$24,168,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,807
  • Program Service Revenue: $25,526,346
  • Gross Receipts: $25,550,211

Assets and Liabilities:

  • Total Assets: $65,336,212
  • Total Liabilities: $39,159,490
  • Net Assets: $26,176,722

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE OF ELECTRIC SERV

Revenue

$24,741,120

PATRONAGE CAPITAL CREDITS

Revenue

$683,129

OTHER CAPITAL CREDITS

Revenue

$102,097

Organization Details

Founding Year

1937

Principal Officer

Larry Fenbers

Main Address

PO BOX 67, CARROLLTON, OH, 44615

NTEE Category

Code: W80 - Public benefit

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