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: $1,548,546
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,608,696
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?
Douglas S Tracy is the CEO of Cuivre River Electric Cooperative Inc The CEO's salary of Cuivre River Electric Cooperative Inc is $444,265 and their total compensation is $682,722.
Official website here: www.cuivre.com
What is the revenue of Cuivre River Electric Cooperative Inc?
Cuivre River Electric Cooperative Inc's revenue in 2023 was $150,347,337.
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 2023 was $47,087. There are 152 employees at Cuivre River Electric Cooperative Inc.
Here are 22 key members and their salaries (Cuivre River Electric Cooperative Inc's CEO's salary is $444,265 and their total compensation is $682,722):
- Compensation: $9,450
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $6,450
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,050
- Related: $0
- Other: $0
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $5,800
- Related: $0
- Other: $0
- Compensation: $8,750
- Related: $0
- Other: $0
- Compensation: $6,950
- Related: $0
- Other: $0
- Compensation: $6,950
- Related: $0
- Other: $0
- Compensation: $6,950
- Related: $0
- Other: $0
- Compensation: $157,688
- Related: $0
- Other: $116,708
- Compensation: $444,265
- Related: $0
- Other: $238,457
- Compensation: $121,026
- Related: $0
- Other: $52,211
- Compensation: $184,272
- Related: $0
- Other: $193,510
- Compensation: $197,280
- Related: $0
- Other: $139,276
- Compensation: $155,146
- Related: $0
- Other: $70,440
- Compensation: $156,863
- Related: $0
- Other: $60,420
- Compensation: $143,562
- Related: $0
- Other: $89,621
- Compensation: $150,863
- Related: $0
- Other: $137,217
- Compensation: $151,679
- Related: $0
- Other: $42,778
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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $362,368
- Program Service Revenue: $149,285,147
- Gross Receipts: $150,375,199
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
$142,395,361
G&T CAPITAL CREDITS
Revenue
$5,744,395
OTHER CAPITAL CREDITS
Revenue
$1,009,494
SURGE SUPPRESSOR INCOME
Revenue
$135,897
Program 5
Revenue
$0
Organization Details
Founding Year
1941
Principal Officer
Jessica Ponder
Website
www.cuivre.comNTEE Category
Code: W80 - Public benefit
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