Eau Claire Energy Cooperative

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

EIN: 390255675 ✦ Fall creek, WI ✦ Designated as a 501(c)(12)

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Overview

What is Eau Claire Energy Cooperative?

Eau Claire Energy Cooperative is a nonprofit organization based in Fall Creek, Wisconsin. With a mission to provide distribution energy and energy-related services to its 12,155 member-owners, the cooperative ensures excellent and high-value services to its community. The cooperative's primary expenses consist of the cost of power ($17,187,312), operations and maintenance ($2,747,509), and depreciation and amortization ($2,339,240). The cooperative's workforce, comprising 45 employees, is dedicated to delivering these essential services to its members.


Official website here: www.ecec.com

What are the reviews and ratings of this charity?

The Eau Claire Energy Cooperative is not currently rated by Charity Navigator. The absence of a rating does not suggest either a negative or positive assessment. Historical evaluations focused on accountability and finance, but current criteria demand assessment through various methodologies like Impact & Measurement, which this cooperative does not qualify for as it is not a 501(c)(3) organization.

As an independent organization, Eau Claire Energy Cooperative operates outside the scope of typical nonprofit evaluations. This means that specific financial and leadership data is not available, limiting comprehensive assessment by common metrics used for charitable organizations. Their operational and financial data remain inaccessible through typical nonprofit reporting mechanisms like IRS Forms 990.

Without user reviews on GreatNonprofits, there is no available direct feedback from the public or service recipients, preventing further insight into the cooperative's community impact or member satisfaction. This limits a full understanding of its effectiveness and reception among the populations it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Eau Claire Energy Cooperative legitimate?

Eau Claire Energy Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eau Claire Energy 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: $601,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ecec.com

What is the mission statement of Eau Claire Energy Cooperative?

The Eau Claire Energy Cooperative is dedicated to delivering distribution energy and energy-related services to its 12,155 member owners. The cooperative strives to provide these services in an excellent and high-value manner, ensuring member satisfaction. The organization's operations encompass significant expenses, including the cost of power, which amounts to $17,187,312. Furthermore, they allocate resources for operations and maintenance, totaling $2,747,509, and for depreciation and amortization, totaling $2,339,240.


Official website here: www.ecec.com

Who is the CEO of Eau Claire Energy Cooperative?

Monica Obrycki is the Principal Officer of Eau Claire Energy Cooperative. The CEO's salary of Eau Claire Energy Cooperative is $104,942 and their total compensation is $108,241.


Official website here: www.ecec.com

What is the revenue of Eau Claire Energy Cooperative?

Eau Claire Energy Cooperative's revenue in 2022 was $28,561,228.


Official website here: www.ecec.com

Who are the executives of Eau Claire Energy Cooperative and what are their salaries?

The average compensation at Eau Claire Energy Cooperative during 2022 was $13,363. There are 45 employees at Eau Claire Energy Cooperative.


Here are 19 key members and their salaries (Eau Claire Energy Cooperative's CEO's salary is $104,942 and their total compensation is $108,241):


Clarence L Boettcher (Chair)
  • Compensation: $10,256
  • Related: $0
  • Other: $0
Andrew H Bourget (Vicechair)
  • Compensation: $12,806
  • Related: $0
  • Other: $0
Judith Anibas (Secretarytreasurer)
  • Compensation: $13,356
  • Related: $0
  • Other: $0
Joseph L Becker (Director)
  • Compensation: $10,256
  • Related: $0
  • Other: $0
Jeffrey Frieburg (Director)
  • Compensation: $10,706
  • Related: $0
  • Other: $0
Michael J Golat (Director)
  • Compensation: $13,956
  • Related: $0
  • Other: $0
Frank J Neibauer (Director)
  • Compensation: $12,006
  • Related: $0
  • Other: $0
Michael J Schummer (Director)
  • Compensation: $3,205
  • Related: $0
  • Other: $0
Thomas W Schwartz (Director)
  • Compensation: $12,004
  • Related: $0
  • Other: $0
Curt Williams (Director)
  • Compensation: $5,254
  • Related: $0
  • Other: $0
Lynn E Thompson (Ceo)
  • Compensation: $104,942
  • Related: $0
  • Other: $3,299
Monica C Obrycki (Ceo)
  • Compensation: $121,759
  • Related: $0
  • Other: $29,413
Dody M Wubker (Cfo)
  • Compensation: $128,951
  • Related: $0
  • Other: $51,485
Jenifer L Thorpe (Corporate Secretary)
  • Compensation: $49,496
  • Related: $0
  • Other: $8,179
Patrick L Bethke (Operations Manager)
  • Compensation: $117,305
  • Related: $0
  • Other: $67,513
Robert A Henrichs (Line Personnel)
  • Compensation: $116,186
  • Related: $0
  • Other: $1,589
Beau D Blade (Line Personnel)
  • Compensation: $110,857
  • Related: $0
  • Other: $51,955
Milton Schmidt (Line Personnel)
  • Compensation: $107,937
  • Related: $0
  • Other: $31,205
Richard E Lapointe (Line Personnel)
  • Compensation: $106,909
  • Related: $0
  • Other: $1,611


Official website here: www.ecec.com

Where can I find the form 990 for Eau Claire Energy Cooperative?

Eau Claire Energy Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ecec.com

Learn more at the official website: www.ecec.com

Mission Statement of Eau Claire Energy Cooperative

Eau Claire Energy Cooperative, a member-owned cooperative, is dedicated to providing exceptional and valuable distribution energy and energy-related services to its over 12,000 members. The organization's mission is geared towards delivering energy solutions that meet the high expectations of its membership.

In detail, Eau Claire Energy Cooperative focuses on the distribution of energy and related services that are held in high regard by its members. The cooperative's commitment to excellence is reflected in its three largest program service expenses: the cost of power, operations and maintenance, and depreciation and amortization, totaling approximately $22,273,061 collectively.

The cost of power, amounting to $17,187,312, represents the cooperative's investment in ensuring a reliable and efficient energy supply for its members. The operations and maintenance expenses, totaling $2,747,509, are dedicated to maintaining and upgrading the infrastructure required to distribute energy to its members, while the depreciation and amortization expenses, amounting to $2,339,240, reflect the cooperative's commitment to the long-term sustainability and growth of its services.

Eau Claire Energy Cooperative strives to exceed its members' expectations by continuously investing in its infrastructure and improving the quality of its services. The cooperative's mission is to create a strong partnership with its members, focusing on the value and reliability of its energy distribution services.

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Impact




October, 2024

Eau Claire Energy Cooperative plays a vital role in providing reliable distribution energy and energy-related services to its 12,155 member owners. By prioritizing excellence and high value in its operations, the cooperative ensures that its members receive consistent and efficient energy solutions.

The cooperative's significant financial commitment includes over $17 million dedicated to the cost of power, which secures the energy supply for its members. Additionally, with nearly $2.75 million allocated to operations and maintenance, Eau Claire Energy Cooperative ensures that their infrastructure is well-managed and maintained, providing peace of mind to the community it serves. Moreover, approximately $2.34 million goes towards depreciation and amortization, reflecting the cooperative's commitment to sustainable practices and long-term investment in its assets.

Through its focused mission, Eau Claire Energy Cooperative not only meets the energy needs of its membership but also contributes positively to the local economy and community well-being in Fall Creek, WI.




This information is meant to be a general summary of Eau Claire Energy 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
$28,561,228 (2022)
Expenses
$28,526,367 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $82,241
  • Program Service Revenue: $28,473,550
  • Gross Receipts: $28,652,893

Assets and Liabilities:

  • Total Assets: $78,760,711
  • Total Liabilities: $47,216,248
  • Net Assets: $31,544,463

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Programs

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

ELECTRIC SALES

Revenue

$27,456,103

CAPITAL CREDITS

Revenue

$1,017,447

Organization Details

Founding Year

1938

Principal Officer

Monica Obrycki

Main Address

PO Box 368, Fall Creek, WI, 54742

NTEE Category

Code: W50 - Public benefit

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