Coles-Moultrie Electric Cooperative

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

EIN: 370223453 ✦ Mattoon, IL ✦ Designated as a 501(c)(12)

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Overview

What is Coles-Moultrie Electric Cooperative?

Coles-Moultrie Electric Cooperative is a dedicated nonprofit organization committed to enhancing the quality of life for its members, employees, and communities. By focusing on providing reliable electric power and associated services, they aim to ensure member satisfaction at affordable costs. The cooperative's mission is crystal clear: to deliver dependable electric power to its members, maintaining affordability as a top priority.


Official website here: www.cmec.coop

Is Coles-Moultrie Electric Cooperative legitimate?

Coles-Moultrie Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Coles-Moultrie 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,620,757

For more financial information, click here


Official website here: www.cmec.coop

What is the mission statement of Coles-Moultrie Electric Cooperative?

The Coles-Moultrie Electric Cooperative is dedicated to delivering dependable electric power and related services to its members. By prioritizing affordability, the cooperative aims to enhance the quality of life for its members, employees, and communities. The organization strives for member satisfaction and reliable electricity to ensure a comfortable living experience. Additionally, the cooperative's mission encompasses providing essential electric services at the most affordable prices.


Official website here: www.cmec.coop

Who is the CEO of Coles-Moultrie Electric Cooperative?

Amy C Borntrager is the Principal Officer of Coles-Moultrie Electric Cooperative. The CEO's salary of Coles-Moultrie Electric Cooperative is $164,300 and their total compensation is $212,658.


Official website here: www.cmec.coop

What is the revenue of Coles-Moultrie Electric Cooperative?

Coles-Moultrie Electric Cooperative's revenue in 2022 was $30,648,043.


Official website here: www.cmec.coop

Who are the executives of Coles-Moultrie Electric Cooperative and what are their salaries?

The average compensation at Coles-Moultrie Electric Cooperative during 2022 was $43,804. There are 37 employees at Coles-Moultrie Electric Cooperative.


Here are 13 key members and their salaries (Coles-Moultrie Electric Cooperative's CEO's salary is $164,300 and their total compensation is $212,658):


Kent Metzger (Chairman)
  • Compensation: $5,180
  • Related: $0
  • Other: $0
Bill Voyles (Vice Chairman)
  • Compensation: $2,590
  • Related: $0
  • Other: $0
Andrew Fearn (Secretary)
  • Compensation: $4,085
  • Related: $0
  • Other: $0
Thomas Sherman (Treasurer)
  • Compensation: $3,495
  • Related: $0
  • Other: $0
Mike Love (Director)
  • Compensation: $2,590
  • Related: $0
  • Other: $0
Colt Roderick (Director)
  • Compensation: $1,850
  • Related: $0
  • Other: $0
Jeffery Hudson (Director)
  • Compensation: $3,700
  • Related: $0
  • Other: $0
Amy Borntrager (President/Ceo)
  • Compensation: $164,300
  • Related: $0
  • Other: $48,358
James Wallace (Director Of Operations)
  • Compensation: $145,355
  • Related: $0
  • Other: $40,033
Marcus Mcdowell (Area Serviceman)
  • Compensation: $129,463
  • Related: $0
  • Other: $31,296
Jacob Logue (Line Foreman)
  • Compensation: $119,962
  • Related: $0
  • Other: $31,730
Mitchell Stanciu (Line Foreman)
  • Compensation: $119,131
  • Related: $0
  • Other: $31,740
John Pickowitz (General Foreman)
  • Compensation: $119,122
  • Related: $0
  • Other: $32,906


Official website here: www.cmec.coop

Where can I find the form 990 for Coles-Moultrie Electric Cooperative?

Coles-Moultrie Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cmec.coop

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

Mission Statement of Coles-Moultrie Electric Cooperative

Coles-Moultrie Electric Cooperative, a dedicated organization with a mission to provide, strives to ensure the delivery of dependable electric power and associated services to its members at the most economical cost. The cooperative's unwavering commitment is to prioritize member satisfaction while enhancing the quality of life for its members, employees, and the communities it serves.

At the heart of Coles-Moultrie Electric Cooperative's operations is the provision of reliable electric power. This reliable power source is essential for members' daily needs and the smooth functioning of their homes and businesses. The cooperative does not stop there, extending its offerings to include related services that cater to its members' needs at budget-friendly prices.

Coles-Moultrie Electric Cooperative's team is dedicated to achieving the highest level of member satisfaction. They believe that providing reliable electric power and services at affordable costs is a critical aspect of improving the overall quality of life for its members. With this mission in mind, the cooperative continually seeks ways to enhance its offerings and deliver exceptional value to its members.

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Impact




October, 2024

Coles-Moultrie Electric Cooperative plays a vital role in its community by providing reliable electric power and related services to its members at affordable rates. Based in Mattoon, IL, the cooperative is dedicated to achieving the highest level of member satisfaction, enhancing the quality of life for its members, employees, and the broader community. This commitment not only ensures that electricity is accessible and dependable but also fosters a sense of community and support among its members. By prioritizing affordability and reliability, Coles-Moultrie Electric Cooperative significantly contributes to the overall well-being and economic stability of the region.




This information is meant to be a general summary of Coles-Moultrie 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.

Revenue
$30,648,043 (2022)
Expenses
$27,783,259 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $137,282
  • Program Service Revenue: $29,317,334
  • Gross Receipts: $30,706,225

Assets and Liabilities:

  • Total Assets: $64,138,037
  • Total Liabilities: $24,170,304
  • Net Assets: $39,967,733

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Programs

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

ELECTRIC REVENUE

Revenue

$29,072,663

OTHER MISC REVENUE

Revenue

$244,671

Organization Details

Founding Year

1938

Principal Officer

Amy C Borntrager

Main Address

PO BOX 709, MATTOON, IL, 61938

NTEE Category

Code: W80 - Public benefit

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