Overview
What is Clarke Electric Cooperative Inc?
Clarke Electric Cooperative Inc, based in Osceola, Iowa, is a public utility company dedicated to providing electricity to its member community. This nonprofit organization's primary mission is to distribute electrical power, ensuring households and businesses have access to reliable energy sources. The cooperative's activities are focused on serving its members, making it an essential part of the local infrastructure.
Official website here: www.cecnet.net
What are the reviews and ratings of this charity?
Clarke Electric Cooperative Inc is not currently rated by Charity Navigator. This absence of a rating does not reflect positively or negatively on the organization; it merely indicates that it has not been evaluated under Charity Navigator's current criteria, which require specific beacons for eligibility. The nonprofit does not qualify for evaluation due to its foundation status not being 501(c)(3).
Charity Navigator typically utilizes financial data such as revenue and expenses from Form 990 to generate ratings. Clarke Electric Cooperative does not have available data for these financial metrics. This lack of information is due to its classification as an independent entity and not being a 501(c)(3) organization, which influences the types of data collected and assessed.
There are no user reviews available from GreatNonprofits for Clarke Electric Cooperative Inc. This absence might suggest limited public engagement or visibility in review platforms typically used by donors and community members to express their experiences and satisfaction levels.
This AI summary has been generated from information found on Charity Navigator.
Is Clarke Electric Cooperative Inc legitimate?
Clarke Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Clarke 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: $285,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,288,272
For more financial information, click here
Official website here: www.cecnet.net
What is the mission statement of Clarke Electric Cooperative Inc?
Clarke Electric Cooperative is a utility company committed to delivering electricity to its member base. Based in Iowa, this organization serves as a vital energy provider. Its mission lies in the distribution of electricity, ensuring homes and businesses are connected and powered. The cooperative is dedicated to reliable energy services, maintaining the infrastructure necessary to facilitate consistent power flow. Additionally, the cooperative may engage in community initiatives and collaborations to promote energy efficiency and sustainability.
Official website here: www.cecnet.net
What is the revenue of Clarke Electric Cooperative Inc?
Clarke Electric Cooperative Inc's revenue in 2023 was $15,278,344.
Official website here: www.cecnet.net
Who are the executives of Clarke Electric Cooperative Inc and what are their salaries?
The average compensation at Clarke Electric Cooperative Inc during 2023 was $54,282. There are 29 employees at Clarke Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Compensation: $3,575
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $5,375
- Related: $0
- Other: $0
- Compensation: $2,250
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $4,950
- Related: $0
- Other: $0
- Compensation: $3,416
- Related: $0
- Other: $0
- Compensation: $6,088
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $1,350
- Related: $0
- Other: $0
- Compensation: $171,241
- Related: $0
- Other: $75,964
- Compensation: $138,156
- Related: $0
- Other: $73,532
- Compensation: $118,998
- Related: $0
- Other: $56,997
- Compensation: $115,257
- Related: $0
- Other: $51,981
- Compensation: $111,676
- Related: $0
- Other: $52,345
- Compensation: $112,916
- Related: $0
- Other: $66,110
Official website here: www.cecnet.net
Where can I find the form 990 for Clarke Electric Cooperative Inc?
Clarke Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cecnet.net
Learn more at the official website: www.cecnet.net
Mission Statement of Clarke Electric Cooperative Inc
Clarke Electric Cooperative, a public utility organization, is dedicated to the distribution of electricity to its members. Based in Osceola, Iowa, this cooperative plays a vital role in providing electricity to its community.
In simpler terms, Clarke Electric Cooperative's mission is to ensure a steady flow of electricity reaches the homes and businesses of its members. As a cooperative, it operates with a member-centric approach, putting the needs and wellbeing of its customers at the forefront of its operations. The organization's primary focus is on reliable electricity distribution, ensuring that its members have uninterrupted access to this essential resource.
Clarke Electric Cooperative's efforts extend beyond just the distribution of electricity. By being a public utility, it assumes a responsibility to serve its members effectively and efficiently. Through its operations, the cooperative strives to improve the overall quality of life for its members, enhancing their living and working environments through the provision of dependable electricity services.
The cooperative's commitment to its members is unwavering, as it works diligently to maintain and upgrade its electrical infrastructure. This dedication to excellence ensures that Clarke Electric Cooperative remains a trusted and reliable partner in providing essential electricity services to its members.
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Impact
October, 2024
Clarke Electric Cooperative Inc significantly impacts its community by ensuring reliable access to electricity for its members in Osceola, IA. As a public utility centered on member service, it plays a crucial role in the daily lives of individuals and businesses in the area. This access to electricity supports economic development, enhances quality of life, and fosters community engagement. Additionally, by focusing on member needs, Clarke Electric Cooperative promotes sustainable energy practices and encourages responsible consumption, ultimately contributing to the overall well-being and growth of the community it serves.
This information is meant to be a general summary of Clarke 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 2023.
- Investment Income: $57,975
- Program Service Revenue: $15,171,792
- Gross Receipts: $15,278,344
Assets and Liabilities:
- Total Assets: $44,657,003
- Total Liabilities: $25,823,529
- Net Assets: $18,833,474
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRIBUTE ELECTRICITY TO MEMBERS
Revenue
$14,487,436
CAPITAL CREDITS
Revenue
$684,356
Organization Details
Founding Year
1939
Principal Officer
David Opie
Website
www.cecnet.netNTEE Category
Code: W80 - Public benefit
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