Overview
What is Central Electric Cooperative Inc?
Central Electric Cooperative Inc, based in Mitchell, South Dakota, is a nonprofit organization serving approximately 4,976 members. Their mission is to deliver reliable energy and services at a good value, covering over 4,480 miles. With a strong commitment to safety and member satisfaction, the cooperative employs 48 individuals to ensure the provision of essential electrical services.
Official website here: www.centralec.coop
What are the reviews and ratings of this charity?
Central Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating is due to the organization's status; it is not a 501(c)(3) nonprofit, which means it cannot be evaluated using Charity Navigator's typical methodologies based on accountability, finance, impact, and community engagement.
Charity Navigator notes that their inability to provide a rating should not be interpreted as a positive or negative judgment. The organization operates independently and does not fall under the categories typically assessed by Charity Navigator due to its foundation status and IRS classification.
There are no user reviews available from GreatNonprofits for Central Electric Cooperative Inc. This lack of user feedback means additional insights from the broader community are limited, making it challenging to gauge public sentiment or organizational effectiveness outside of Charity Navigator's scope.
Is Central Electric Cooperative Inc legitimate?
Central Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central 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: $507,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,916,123
For more financial information, click here
Official website here: www.centralec.coop
What is the mission statement of Central Electric Cooperative Inc?
Central Electric Cooperative Inc is dedicated to delivering reliable energy and services to its members at reasonable costs. They prioritize the safety of their operations and strive for member satisfaction. The cooperative provides electric service to approximately 4,976 members, covering over 4,480 miles. Their commitment extends beyond electricity, ensuring the communities they serve have access to essential energy solutions. Central Electric Cooperative Inc's mission is to maintain a strong and dependable energy infrastructure while fostering meaningful connections with its members. Their team is always working to enhance the overall energy experience and address the unique needs of each community.
Official website here: www.centralec.coop
Who is the CEO of Central Electric Cooperative Inc?
Ken Schlimgen is the Director of Central Electric Cooperative Inc.
Official website here: www.centralec.coop
What is the revenue of Central Electric Cooperative Inc?
Central Electric Cooperative Inc's revenue in 2022 was $36,210,968.
Official website here: www.centralec.coop
Who are the executives of Central Electric Cooperative Inc and what are their salaries?
The average compensation at Central Electric Cooperative Inc during 2022 was $92,155. There are 48 employees at Central Electric Cooperative Inc.
Here are 17 key members and their salaries:
- Compensation: $17,066
- Related: $0
- Other: $0
- Compensation: $15,416
- Related: $0
- Other: $0
- Compensation: $8,758
- Related: $0
- Other: $0
- Compensation: $15,716
- Related: $0
- Other: $0
- Compensation: $14,591
- Related: $0
- Other: $0
- Compensation: $15,691
- Related: $0
- Other: $0
- Compensation: $15,966
- Related: $0
- Other: $0
- Compensation: $16,791
- Related: $0
- Other: $0
- Compensation: $19,816
- Related: $0
- Other: $0
- Compensation: $4,179
- Related: $0
- Other: $0
- Compensation: $192,342
- Related: $0
- Other: $8,551
- Compensation: $100,328
- Related: $0
- Other: $69,785
- Compensation: $141,955
- Related: $0
- Other: $8,510
- Compensation: $123,172
- Related: $0
- Other: $52,066
- Compensation: $124,039
- Related: $0
- Other: $78,192
- Compensation: $121,612
- Related: $0
- Other: $34,692
- Compensation: $122,121
- Related: $0
- Other: $8,790
Official website here: www.centralec.coop
Where can I find the form 990 for Central Electric Cooperative Inc?
Central Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralec.coop
Learn more at the official website: www.centralec.coop
Mission Statement of Central Electric Cooperative Inc
Central Electric Cooperative Inc, a dedicated provider of reliable energy and services, operates with a commitment to ensuring member satisfaction and prioritizing safety. The organization's mission is twofold: first, to deliver energy and related services; second, to accomplish this mission with unwavering commitment to safety and member satisfaction.
Central Electric Cooperative Inc's team of professionals work tirelessly to provide electric service to approximately 4,976 members, covering over 4,480 miles. Their primary goal is to deliver dependable energy solutions, ensuring that each household and business connected to their network can count on them for uninterrupted power. The cooperative's dedication to safety is evident in their rigorous adherence to industry standards and regular maintenance checks.
Moreover, Central Electric Cooperative Inc is not only focused on providing energy services but also aims to exceed member expectations. By maintaining a strong commitment to safety, the organization instills trust and confidence in its members. This member-centric approach is a testament to their dedication to ensuring a good value for their customers. By continuously improving and implementing new technologies, Central Electric Cooperative Inc stays at the forefront of the energy industry, ensuring that their members receive the best possible service.
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Impact
October, 2024
Central Electric Cooperative Inc plays a significant role in the community by providing reliable energy and services to approximately 4,976 members across an extensive coverage area of over 4,480 miles. Their commitment to safety and member satisfaction ensures that residents have access to essential energy services while maintaining high standards of operational excellence. By offering energy solutions at a good value, Central Electric Cooperative not only supports the daily needs of its members but also fosters community growth and development in Mitchell, South Dakota, and surrounding areas. With a focus on serving their members, they contribute to a sustainable energy landscape that prioritizes the well-being of the community.
This information is meant to be a general summary of Central 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: $10,824
- Program Service Revenue: $36,077,138
- Gross Receipts: $38,316,392
Assets and Liabilities:
- Total Assets: $109,967,351
- Total Liabilities: $62,159,975
- Net Assets: $47,807,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$33,382,524
CAPITAL CREDITS
Revenue
$2,694,614
Organization Details
Founding Year
2000
Phone
(605) 996-7516Principal Officer
Ken Schlimgen
Main Address
PO BOX 850, MITCHELL, SD, 57301
Website
www.centralec.coopNTEE Category
Code: K200 - Food
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