Overview
What is Chippewa Valley Electric Cooperative?
Chippewa Valley Electric Cooperative is a local utility company headquartered in Cornell, Wisconsin. This nonprofit organization is dedicated to providing electricity services to its members. With a mission to power homes and businesses, Chippewa Valley Electric Cooperative plays a crucial role in ensuring a consistent electricity supply to its community.
What are the reviews and ratings of this charity?
Chippewa Valley Electric Cooperative is not currently rated on Charity Navigator. This is because the organization is not a 501(c)(3) nonprofit, which is a requirement for such evaluations. The absence of a rating does not reflect on their performance but indicates that the necessary data for assessment is unavailable or inapplicable for this type of organization.
Historically, ratings considered aspects of Accountability & Finance, but this cooperative doesn't fit those evaluation criteria since it operates under a different IRS classification. As such, potential donors or stakeholders might find it challenging to assess the financial health and accountability by conventional nonprofit benchmarks in the absence of publicly available financial documents like Form 990.
Without user reviews or feedback from platforms like GreatNonprofits, there's limited community insight into the cooperative's impacts or customer satisfaction. Therefore, individuals interested in the cooperative may need to rely on other resources or direct inquiries to understand its operations and community role better.
This AI summary has been generated from information found on Charity Navigator.
Is Chippewa Valley Electric Cooperative legitimate?
Chippewa Valley Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Chippewa Valley 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: $340,633
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Chippewa Valley Electric Cooperative?
Chippewa Valley Electric Cooperative is a utility company dedicated to providing electricity to its member base. The organization's primary mission is to ensure a consistent electricity supply to its consumers. Despite not having access to the exact wording of their mission statement, it can be inferred that their role is to serve their community by delivering essential electrical power. They operate as a public cooperative, meaning that their members are active participants in the organization's decision-making process. The cooperative's location is in Cornell, Wisconsin, but its focus remains on providing reliable electricity services to its members.
Who is the CEO of Chippewa Valley Electric Cooperative?
Russ Falkenberg is the President / of Chippewa Valley Electric Cooperative.
What is the revenue of Chippewa Valley Electric Cooperative?
Chippewa Valley Electric Cooperative's revenue in 2022 was $16,561,051.
Who are the executives of Chippewa Valley Electric Cooperative and what are their salaries?
The average compensation at Chippewa Valley Electric Cooperative during 2022 was $13,101. There are 26 employees at Chippewa Valley Electric Cooperative.
Here are 14 key members and their salaries:
- Compensation: $194,278
- Related: $2,200
- Other: $43,019
- Compensation: $122,664
- Related: $0
- Other: $48,895
- Compensation: $114,687
- Related: $0
- Other: $56,745
- Compensation: $113,632
- Related: $0
- Other: $40,969
- Compensation: $110,818
- Related: $0
- Other: $41,716
- Compensation: $113,401
- Related: $0
- Other: $25,555
- Compensation: $15,925
- Related: $0
- Other: $0
- Compensation: $14,950
- Related: $0
- Other: $0
- Compensation: $13,225
- Related: $0
- Other: $0
- Compensation: $12,675
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $8,750
- Related: $0
- Other: $0
- Compensation: $6,125
- Related: $0
- Other: $0
- Compensation: $1,025
- Related: $0
- Other: $0
Where can I find the form 990 for Chippewa Valley Electric Cooperative?
Chippewa Valley Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chippewa Valley Electric Cooperative
Chippewa Valley Electric Cooperative, a public utility based in Wisconsin, is dedicated to providing electricity to its members. This nonprofit organization plays a vital role in powering homes and businesses within its community.
At the heart of its operations, Chippewa Valley Electric Cooperative focuses on delivering reliable and sustainable electricity to its clientele. As a cooperative, it sets itself apart by prioritizing its members' needs and ensuring that they have consistent access to electricity. The organization's mission is to serve as a dependable energy partner, ensuring that power is always available when it's needed most.
Chippewa Valley Electric Cooperative is more than just a power supplier; it's a community partner that is deeply committed to its members. Its team of dedicated professionals works tirelessly to maintain and upgrade the electrical infrastructure, ensuring that the energy supply remains efficient and dependable. By providing a stable source of electricity, Chippewa Valley Electric Cooperative enables its members to carry out their daily lives with ease and convenience.
In summary, Chippewa Valley Electric Cooperative is a public utility that is dedicated to providing electricity to its members in Wisconsin. It's a community-focused organization that prioritizes its members' needs and works tirelessly to ensure a reliable and sustainable energy supply. By being a dependable energy partner, Chippewa Valley Electric Cooperative empowers its members to live their lives with ease and convenience.
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Impact
October, 2024
Chippewa Valley Electric Cooperative plays a significant role in providing reliable electricity to its members in Cornell, WI. By acting as a public utility, it ensures that local residents and businesses have access to essential energy resources necessary for daily life and operations. The cooperative's focus on serving its members strengthens the community by supporting economic growth, enhancing quality of life, and promoting sustainable practices. Through its services, Chippewa Valley Electric Cooperative fosters a sense of shared responsibility and collaboration among its members, reinforcing the importance of community engagement in energy consumption and management. Its commitment to supplying electricity comes with the goal of benefiting the public, reflecting a broader mission to enhance the well-being of the area it serves.
This information is meant to be a general summary of Chippewa Valley 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: $177,534
- Program Service Revenue: $16,157,934
- Gross Receipts: $16,658,007
Assets and Liabilities:
- Total Assets: $48,047,312
- Total Liabilities: $24,652,842
- Net Assets: $23,394,470
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$15,623,629
CAPITAL CREDITS AND OTHER
Revenue
$534,305
Organization Details
Founding Year
1938
Phone
(715) 239-6800Principal Officer
Russ Falkenberg
Main Address
PO BOX 575, CORNELL, WI, 54732
NTEE Category
Code: W80 - Public benefit
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