Overview
What is Citizens Electric Corporation?
Citizens Electric Corporation is a Missouri-based organization with an address at 1500 Rand Avenue, Perryville, providing electric services to approximately 27,922 members. With a total consumption of 1.687 billion kWh's, they are dedicated to selling electric energy to their cooperative members. Their mission focuses on delivering electricity to the community. They employ a team of 88 individuals.
Official website here: www.cecmo.com
Is Citizens Electric Corporation legitimate?
Citizens Electric Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Citizens Electric Corporation 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: $1,303,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,225,555
For more financial information, click here
Official website here: www.cecmo.com
What is the mission statement of Citizens Electric Corporation?
Citizens Electric Corporation focuses on delivering electric energy to its cooperative members. With a goal to serve an average of 27,922 members, the corporation ensures the provision of electricity with a gross consumption of 1.687 billion kWh's. By offering electric service, the corporation contributes significantly to the daily lives and needs of its members. This essential energy supply enables various household and industrial activities, ultimately contributing to a more connected and productive community. The corporation's commitment to providing electric energy is integral to improving the quality of life for its members and powering their communities.
Official website here: www.cecmo.com
Who is the CEO of Citizens Electric Corporation?
Jason Cates is the Ceo of Citizens Electric Corporation. The CEO's salary of Citizens Electric Corporation is $411,110 and their total compensation is $523,810.
Official website here: www.cecmo.com
What is the revenue of Citizens Electric Corporation?
Citizens Electric Corporation's revenue in 2022 was $155,506,076.
Official website here: www.cecmo.com
Who are the executives of Citizens Electric Corporation and what are their salaries?
The average compensation at Citizens Electric Corporation during 2022 was $51,463. There are 88 employees at Citizens Electric Corporation.
Here are 18 key members and their salaries (Citizens Electric Corporation's CEO's salary is $411,110 and their total compensation is $523,810):
- Compensation: $411,110
- Related: $0
- Other: $112,700
- Compensation: $155,862
- Related: $0
- Other: $69,053
- Compensation: $130,456
- Related: $0
- Other: $61,726
- Compensation: $127,789
- Related: $0
- Other: $59,152
- Compensation: $117,645
- Related: $0
- Other: $55,773
- Compensation: $119,798
- Related: $0
- Other: $49,804
- Compensation: $118,651
- Related: $0
- Other: $47,040
- Compensation: $18,000
- Related: $0
- Other: $353
- Compensation: $13,650
- Related: $0
- Other: $353
- Compensation: $12,000
- Related: $0
- Other: $353
- Compensation: $11,850
- Related: $0
- Other: $353
- Compensation: $11,550
- Related: $0
- Other: $353
- Compensation: $11,150
- Related: $0
- Other: $353
- Compensation: $10,950
- Related: $0
- Other: $353
- Compensation: $10,750
- Related: $0
- Other: $353
- Compensation: $10,750
- Related: $0
- Other: $353
- Compensation: $5,850
- Related: $0
- Other: $177
- Compensation: $5,400
- Related: $0
- Other: $127
Official website here: www.cecmo.com
Where can I find the form 990 for Citizens Electric Corporation?
Citizens Electric Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cecmo.com
Learn more at the official website: www.cecmo.com
Mission Statement of Citizens Electric Corporation
Citizens Electric Corporation, a crucial organization, focuses on delivering electric energy to its cooperative members. With a mission deeply rooted in providing power, the corporation serves an average of 27,922 members, whose combined consumption amounts to 1.687 billion kWh's.
In simpler terms, Citizens Electric Corporation plays a pivotal role in bringing electricity to thousands of individuals and households, ensuring their daily life remains functional and connected. By selling electric energy, the corporation powers the lives of its members, enabling them to carry out essential tasks and maintain a comfortable living environment.
The corporation's dedication to its members extends beyond merely selling electricity. By delivering a reliable electric service, Citizens Electric Corporation contributes significantly to enhancing the quality of life for its community, offering them the essential energy needed to fuel their homes and businesses. This unwavering commitment to its mission underlines the importance of the organization in providing an essential service that powers the daily lives of its members.
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Impact
October, 2024
Citizens Electric Corporation plays a significant role in providing reliable electric service to its members in Perryville, Missouri, and surrounding areas. By supplying electric energy to an average of 27,922 members, the organization ensures that the community has consistent access to necessary power. With a gross consumption of 1.687 billion kilowatt-hours, Citizens Electric Corporation not only meets the energy needs of its members but also contributes to the overall economic stability and growth of the region.
In fulfilling its mission, Citizens Electric Corporation prioritizes public benefit, aligning with the community's interests and needs. This focus on serving its members helps enhance the quality of life in the area, providing essential energy services while promoting responsible energy consumption and sustainability practices. Through its operations, Citizens Electric Corporation fosters a sense of community, playing an integral part in the daily lives of its members and supporting local development.
This information is meant to be a general summary of Citizens Electric Corporation. 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: $1,528,741
- Program Service Revenue: $152,970,252
- Gross Receipts: $155,506,076
Assets and Liabilities:
- Total Assets: $190,238,434
- Total Liabilities: $72,748,075
- Net Assets: $117,490,359
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$152,970,252
Organization Details
Founding Year
1947
Phone
(877) 876-3511Principal Officer
Jason Cates
Main Address
1500 Rand Avenue, Perryville, MO, 63775
Website
www.cecmo.comNTEE Category
Code: W80 - Public benefit
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