Taylor Electric Cooperative

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

EIN: 390651310 ✦ Medford, WI ✦ Designated as a 501(c)(12)

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Overview

What is Taylor Electric Cooperative?

Taylor Electric Cooperative is a nonprofit organization based in Medford, Wisconsin. With a focus on providing energy and related services, they offer reliable and competitively priced solutions to their members on a not-for-profit basis. Their mission is to be their members' most valuable resource, ensuring they receive maximum value in line with the wise use of resources and technology. The cooperative, with a team of 14 employees, aims to serve their members effectively and efficiently, ensuring they remain their top priority.


Official website here: www.taylorelectric.org

Is Taylor Electric Cooperative legitimate?

Taylor Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Taylor 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: $443,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.taylorelectric.org

What is the mission statement of Taylor Electric Cooperative?

Taylor Electric Cooperative's mission is centered around being of utmost value to its members in the energy and related services sector. This mission is carried out by providing reliable, competitively priced energy services, all while maximizing member benefits in a manner that is consistent with the wise use of resources and technology, on a not-for-profit basis. The cooperative strives to deliver these services in a way that positions itself as the most valuable resource for its members.


Official website here: www.taylorelectric.org

What is the revenue of Taylor Electric Cooperative?

Taylor Electric Cooperative's revenue in 2024 was $11,017,631.


Official website here: www.taylorelectric.org

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

The average compensation at Taylor Electric Cooperative during 2024 was $29,573. There are 15 employees at Taylor Electric Cooperative.

Here are 14 key members and their salaries:


Kenneth Ceaglske (President/Ce)
  • Compensation: $180,967
  • Related: $0
  • Other: $72,181
Justin Fuchs (Lineman)
  • Compensation: $123,995
  • Related: $0
  • Other: $35,056
Patricia Nelson (Finance/Admi)
  • Compensation: $117,341
  • Related: $0
  • Other: $38,882
Michael Eloranta (Lineman)
  • Compensation: $118,890
  • Related: $0
  • Other: $36,308
Timothy Habermeyer (Lineman)
  • Compensation: $120,816
  • Related: $0
  • Other: $34,042
Colten Cummings (Lineman)
  • Compensation: $122,933
  • Related: $0
  • Other: $18,615
Jessie Knoll (Lineman)
  • Compensation: $112,634
  • Related: $0
  • Other: $18,865
Lisa Kohn (Director)
  • Compensation: $10,875
  • Related: $0
  • Other: $0
Dave Makovsky (Director)
  • Compensation: $10,425
  • Related: $0
  • Other: $0
Cheri Klussendorf (Secretary/Tr)
  • Compensation: $9,825
  • Related: $0
  • Other: $0
Brian Hallgren (Chairman)
  • Compensation: $9,525
  • Related: $0
  • Other: $0
Paul Woods (Director)
  • Compensation: $9,375
  • Related: $0
  • Other: $0
Don Everhard (Director)
  • Compensation: $8,775
  • Related: $0
  • Other: $0
Charles Zenner (Vice Chairma)
  • Compensation: $6,675
  • Related: $0
  • Other: $0


Official website here: www.taylorelectric.org

Where can I find the form 990 for Taylor Electric Cooperative?

Taylor Electric Cooperative's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.taylorelectric.org

Learn more at the official website: www.taylorelectric.org

Mission Statement of Taylor Electric Cooperative

Taylor Electric Cooperative is dedicated to serving as its members' most valuable resource for energy and related services. This mission is twofold: firstly, the cooperative ensures the delivery of reliable and competitively priced energy to its members on a not-for-profit basis. Secondly, the cooperative strives to maximize value for its members, utilizing resources and technology wisely. This approach allows Taylor Electric Cooperative to consistently provide its members with the optimal benefits, all while adhering to the principles of responsible energy usage.

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Impact




October, 2024

Taylor Electric Cooperative plays a vital role in the community by delivering reliable and competitively priced energy services to its members. It focuses on providing maximum value while ensuring the wise use of resources and technology. With a commitment to serving its members in Medford, WI, the cooperative continuously works to be their most valuable resource for energy and related services. This dedication not only enhances the quality of life for its members but also contributes to the overall sustainability and well-being of the community. The cooperative's emphasis on public benefit highlights its impact on fostering economic development and promoting responsible energy use.




This information is meant to be a general summary of Taylor 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
$11,017,631 (2024)
Expenses
$10,983,544 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $18,572
  • Program Service Revenue: $10,610,263
  • Gross Receipts: $11,059,833

Assets and Liabilities:

  • Total Assets: $27,497,625
  • Total Liabilities: $15,290,847
  • Net Assets: $12,206,778

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Programs

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

GROSS ELECTRIC REVENUE

Revenue

$10,563,447

SERVICES, CHARGES, FEES - ELE

Revenue

$46,816

Organization Details

Founding Year

1937

Principal Officer

Kenneth Ceaglske

NTEE Category

Code: W80 - Public benefit

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