Cuivre River Electric Cooperative Inc

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

EIN: 430233223 ✦ Troy, MO ✦ Designated as a 501(c)(12)

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Overview

What is Cuivre River Electric Cooperative Inc?

Cuivre River Electric Cooperative Inc, based in Troy, Missouri, operates as an electric distribution cooperative, serving over 61,000 member-owners. Their primary mission is to distribute electricity to their consumers, ensuring reliable and innovative energy solutions at the most affordable cost. With a team of 148 employees, they aim to be a progressive leader in the energy industry.


Official website here: www.cuivre.com

Is Cuivre River Electric Cooperative Inc legitimate?

Cuivre River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cuivre River 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: $1,869,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,201,909

For more financial information, click here


Official website here: www.cuivre.com

What is the mission statement of Cuivre River Electric Cooperative Inc?

Cuivre River Electric Cooperative Inc strives to be a pioneering force in the energy sector, with a focus on delivering electricity to its 61,846 member-consumers. The organization is dedicated to empowering its employees, enabling them to provide innovative energy solutions and reliable service to members at the most economical cost. Cuivre River Electric Cooperative is committed to leading progressively within the industry and ensuring the safety of its operations. The cooperative's primary goal remains to efficiently and effectively distribute electricity, ensuring consistent power supply to its community of members.


Official website here: www.cuivre.com

Who is the CEO of Cuivre River Electric Cooperative Inc?

Jessica Ponder is the President & Ceo of Cuivre River Electric Cooperative Inc. The CEO's salary of Cuivre River Electric Cooperative Inc is $431,470 and their total compensation is $691,542.


Official website here: www.cuivre.com

What is the revenue of Cuivre River Electric Cooperative Inc?

Cuivre River Electric Cooperative Inc's revenue in 2022 was $137,337,346.


Official website here: www.cuivre.com

Who are the executives of Cuivre River Electric Cooperative Inc and what are their salaries?

The average compensation at Cuivre River Electric Cooperative Inc during 2022 was $81,560. There are 148 employees and 13 volunteers at Cuivre River Electric Cooperative Inc.


Here are 23 key members and their salaries (Cuivre River Electric Cooperative Inc's CEO's salary is $431,470 and their total compensation is $691,542):


Douglas S Tracy (President & Ceo)
  • Compensation: $431,470
  • Related: $0
  • Other: $260,072
Keith Stone (Vp Economic Development)
  • Compensation: $182,279
  • Related: $0
  • Other: $161,695
Bryon Stilley (Vp Engineering & Operations)
  • Compensation: $197,075
  • Related: $0
  • Other: $101,877
Christopher Ryan (Vp Member Engagement)
  • Compensation: $151,965
  • Related: $0
  • Other: $116,205
Marvin Peasel (Operations Manager)
  • Compensation: $134,651
  • Related: $0
  • Other: $121,736
Stanley Winkle (System Engineer)
  • Compensation: $146,408
  • Related: $0
  • Other: $103,589
Mark Ziegler (Crew Chief)
  • Compensation: $134,042
  • Related: $0
  • Other: $70,715
Anthony Scherder (Crew Chief)
  • Compensation: $132,509
  • Related: $0
  • Other: $71,689
Clinton Courtney (Lsl Supervising Crew Chief)
  • Compensation: $151,032
  • Related: $0
  • Other: $50,575
Wendy Mcelvain (Vp Finance & Accounting)
  • Compensation: $160,467
  • Related: $0
  • Other: $17,387
Ted House (Director)
  • Compensation: $9,300
  • Related: $0
  • Other: $0
Diane Saale (Director)
  • Compensation: $8,850
  • Related: $0
  • Other: $0
Daniel Elliott (Director)
  • Compensation: $8,700
  • Related: $0
  • Other: $0
Jeff Geisendorfer (Director)
  • Compensation: $8,700
  • Related: $0
  • Other: $0
Mark Schulte (Director)
  • Compensation: $8,600
  • Related: $0
  • Other: $0
Dale Anderson (Director)
  • Compensation: $6,900
  • Related: $0
  • Other: $0
Michael Cherry (Director)
  • Compensation: $6,900
  • Related: $0
  • Other: $0
Michael Burkemper (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Steve Coffey (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Phil Dunk (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Walter Gregory (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Denise O'Mara (Director)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Karen Berra (Director)
  • Compensation: $2,300
  • Related: $0
  • Other: $0


Official website here: www.cuivre.com

Where can I find the form 990 for Cuivre River Electric Cooperative Inc?

Cuivre River Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cuivre.com

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

Mission Statement of Cuivre River Electric Cooperative Inc

Cuivre River Electric Cooperative Inc, a leading electric distribution cooperative, is dedicated to empowering its employees to serve members with innovative energy solutions while ensuring reliable service at the lowest possible cost. The cooperative's mission goes beyond just distributing electricity; it aspires to be a progressive force in the energy industry.

With a commitment to its members, Cuivre River Electric Cooperative Inc strives to deliver electricity using advanced technologies and practices. The cooperative's team of skilled professionals works tirelessly to maintain the electrical grid, ensuring that power is available when needed. They employ cutting-edge approaches and continuously explore new ways to improve efficiency and enhance service reliability.

With a strong focus on safety, the cooperative ensures that its electricity distribution adheres to the highest standards. This dedication to safety not only benefits its members but also extends to the employees who work on the electrical infrastructure. By prioritizing safety, Cuivre River Electric Cooperative Inc fosters a culture of excellence and trust within its organization and among its members.

At Cuivre River Electric Cooperative Inc, innovation is a key driver of its mission. The cooperative's employees are encouraged to explore new energy solutions that can improve the quality of life for its members. By investing in research and development, the cooperative stays at the forefront of the energy industry, providing its members with the latest technologies and services.

In summary, Cuivre River Electric Cooperative Inc is more than just an electric distribution cooperative. It is a progressive leader in the energy industry that puts its members first. By empowering its employees with innovative energy solutions and a commitment to safety, the cooperative ensures reliable service at the lowest possible cost.

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Impact




October, 2024

Cuivre River Electric Cooperative Inc plays a vital role in the community by distributing electricity to 61,846 member consumers in Troy, Missouri, and surrounding areas. The cooperative focuses on delivering reliable electric service while keeping costs as low as possible for its members. By prioritizing innovative energy solutions and empowering employees, Cuivre River Electric positions itself as a progressive leader in the energy industry. This commitment not only ensures a dependable power supply but also positively impacts the local economy by supporting sustainable energy practices and fostering community growth.




This information is meant to be a general summary of Cuivre River 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.

Revenue
$137,337,346 (2022)
Expenses
$134,435,230 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $329,876
  • Program Service Revenue: $136,623,824
  • Gross Receipts: $137,396,253

Assets and Liabilities:

  • Total Assets: $354,632,047
  • Total Liabilities: $205,443,061
  • Net Assets: $149,188,986

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Programs

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

SALES OF ELECTRIC ENERGY

Revenue

$134,107,099

G&T CAPITAL CREDITS

Revenue

$1,672,710

OTHER CAPITAL CREDITS

Revenue

$708,507

SURGE SUPPRESSOR INCOME

Revenue

$135,508

Organization Details

Founding Year

1941

Principal Officer

Jessica Ponder

Main Address

PO BOX 160, TROY, MO, 63379

NTEE Category

Code: W80 - Public benefit

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