Overview
What is Clay Electric Cooperative Inc?
Clay Electric Cooperative Inc is a public utilities organization, serving as a nonprofit entity. Its primary mission is to distribute electricity to its members, ensuring a reliable energy supply. Last year, the cooperative generated a total revenue of $7,504,430, demonstrating its operational strength and commitment to its mission. The organization operates with the goal of providing essential electric services to its members, contributing to their daily lives and overall well-being.
Official website here: www.ceci.coop
What do the Facebook reviews say about Clay Electric Cooperative Inc?
94% of 9 reviewers on Facebook recommend Clay Electric Cooperative Inc. Here is a summary of their reviews:
Many customers express their gratitude for the prompt and reliable service provided by the cooperative, especially highlighting the dedication of staff members. One reviewer specifically thanked the team for restoring power quickly, even on a holiday, indicating a strong commitment to customer service and community support.
Overall, the sentiment is overwhelmingly positive, with users appreciating the efficient response to outages and the professionalism of the crew members. The cooperative appears to deliver on its promises, fostering a sense of trust and reliability among its members.
This AI summary has been generated from reviews found on Facebook.
Is Clay Electric Cooperative Inc legitimate?
Clay Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Clay 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,317
For more financial information, click here
Official website here: www.ceci.coop
What is the mission statement of Clay Electric Cooperative Inc?
Clay Electric Cooperative Inc's primary purpose is to distribute electricity to its members. As a public utilities organization, it generates revenues to support its operations. While the provided information does not explicitly state a mission statement, it can be inferred that the company's mission is to provide reliable and consistent electricity supply to its members, thereby contributing to their daily lives and community development. However, for a comprehensive and officially stated mission, it would be beneficial to refer to the company's official website or other reliable sources.
Official website here: www.ceci.coop
Who is the CEO of Clay Electric Cooperative Inc?
Matt Conklin is the Board Director of Clay Electric Cooperative Inc. The CEO's salary of Clay Electric Cooperative Inc is $135,106 and their total compensation is $168,975.
Official website here: www.ceci.coop
What is the revenue of Clay Electric Cooperative Inc?
Clay Electric Cooperative Inc's revenue in 2022 was $7,870,317.
Official website here: www.ceci.coop
Who are the executives of Clay Electric Cooperative Inc and what are their salaries?
The average compensation at Clay Electric Cooperative Inc during 2022 was $22,821. There are 15 employees at Clay Electric Cooperative Inc.
Here are 14 key members and their salaries (Clay Electric Cooperative Inc's CEO's salary is $135,106 and their total compensation is $168,975):
- Compensation: $4,830
- Related: $0
- Other: $0
- Compensation: $4,830
- Related: $0
- Other: $0
- Compensation: $3,150
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $3,780
- Related: $0
- Other: $0
- Compensation: $8,190
- Related: $0
- Other: $0
- Compensation: $5,460
- Related: $0
- Other: $0
- Compensation: $3,570
- Related: $0
- Other: $0
- Compensation: $4,830
- Related: $0
- Other: $0
- Compensation: $135,106
- Related: $0
- Other: $33,869
- Compensation: $118,163
- Related: $0
- Other: $29,460
- Compensation: $111,571
- Related: $0
- Other: $34,820
- Compensation: $109,575
- Related: $0
- Other: $26,253
- Compensation: $104,363
- Related: $0
- Other: $33,255
Official website here: www.ceci.coop
Where can I find the form 990 for Clay Electric Cooperative Inc?
Clay Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ceci.coop
Learn more at the official website: www.ceci.coop
Mission Statement of Clay Electric Cooperative Inc
Clay Electric Cooperative Inc, as a public utilities organization, is committed to distributing electricity to its members. Its primary mission is to provide a reliable source of power, ensuring that its members have access to essential energy services. Last year, the cooperative generated a total revenue of $7,504,430, demonstrating its robust operations and commitment to serving its members effectively. The organization operates with a customer-centric approach, prioritizing the needs and satisfaction of its members while maintaining a steady financial performance.
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Impact
October, 2024
Clay Electric Cooperative Inc plays a vital role in providing electricity to its members in Flora, IL, ensuring a reliable and essential service to the community. With total revenues of $7,504,430 generated last year, the cooperative supports local infrastructure and contributes to the economic stability of the region. By operating as a public utilities organization, it directly impacts the quality of life for residents, facilitating access to electrical services that are fundamental for household and business operations. The cooperative's presence fosters an interconnected community, helping to promote public benefit and sustainable living for its members.
This information is meant to be a general summary of Clay 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18,313
- Program Service Revenue: $7,658,715
- Gross Receipts: $7,870,317
Assets and Liabilities:
- Total Assets: $22,402,655
- Total Liabilities: $9,199,998
- Net Assets: $13,202,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUES
Revenue
$7,571,217
OTHER ELECTRIC REVENUE
Revenue
$87,498
Organization Details
Founding Year
1940
Phone
(618) 662-2171Principal Officer
Matt Conklin
Main Address
PO BOX 517, FLORA, IL, 62839
Website
www.ceci.coopNTEE Category
Code: W80 - Public benefit
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