Central Missouri Electric Cooperative Inc

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

EIN: 440195703 ✦ Sedalia, MO ✦ Designated as a 501(c)(12)

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Overview

What is Central Missouri Electric Cooperative Inc?

Central Missouri Electric Cooperative Inc is a nonprofit organization dedicated to delivering safe, reliable, and affordable electricity to its cooperative members located in Central Missouri. The cooperative prioritizes the well-being of its members by focusing on providing the best possible electric service at the most reasonable cost. As an electric distribution cooperative, it strives to ensure the electricity supply is consistently dependable. The mission of Central Missouri Electric Cooperative Inc is to serve its members efficiently and effectively in their energy needs.


Official website here: www.cmecinc.com

What are the reviews and ratings of this charity?

Central Missouri Electric Cooperative Inc is not currently rated by Charity Navigator. This lack of rating does not reflect positively or negatively on the organization; instead, it signifies that the organization has not been evaluated due to its classification. The organization isn't a 501(c)(3) according to IRS standards, which limits the ability of Charity Navigator to apply its typical evaluation methods.

Due to the absence of a 501(c)(3) status, Central Missouri Electric Cooperative Inc can't be assessed using typical methodologies provided by Charity Navigator, such as Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability. Consequently, there is limited financial and operational transparency available publicly.

Regarding public feedback, GreatNonprofits has no user reviews available for Central Missouri Electric Cooperative Inc. As such, there is no available customer sentiment or community interaction information through this resource at the moment.


This AI summary has been generated from information found on Charity Navigator.

Is Central Missouri Electric Cooperative Inc legitimate?

Central Missouri Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Missouri 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: $431,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cmecinc.com

What is the mission statement of Central Missouri Electric Cooperative Inc?

Central Missouri Electric Cooperative Inc is committed to delivering top-notch electric services to its member-owners. Their primary goal is to ensure the provision of safe, dependable, and economical electricity. As an electric distribution cooperative, they focus on bringing electricity to communities in Central Missouri. Their mission is to offer the best electric service at the most affordable price to the people they serve. Central Missouri Electric Cooperative Inc strives for excellence in delivering electricity, ensuring the satisfaction and well-being of its members.


Official website here: www.cmecinc.com

Who is the CEO of Central Missouri Electric Cooperative Inc?

Brian Jacobi is the General Manager of Central Missouri Electric Cooperative Inc.


Official website here: www.cmecinc.com

What is the revenue of Central Missouri Electric Cooperative Inc?

Central Missouri Electric Cooperative Inc's revenue in 2022 was $32,640,376.


Official website here: www.cmecinc.com

Who are the executives of Central Missouri Electric Cooperative Inc and what are their salaries?

The average compensation at Central Missouri Electric Cooperative Inc during 2022 was $10,790. There are 40 employees at Central Missouri Electric Cooperative Inc.


Here are 16 key members and their salaries:


Brian Jacobi (General Manager)
  • Compensation: $190,003
  • Related: $0
  • Other: $72,897
Rance Walters (Asst General Manager)
  • Compensation: $141,671
  • Related: $0
  • Other: $119,346
Donald Hutcheson (Warehouseman)
  • Compensation: $127,905
  • Related: $0
  • Other: $65,971
David Bergman (Lead Lineman)
  • Compensation: $113,775
  • Related: $0
  • Other: $28,077
Kaleb Gaskell (Jny Lineman)
  • Compensation: $111,540
  • Related: $0
  • Other: $41,324
Jeremy Dillon (Operations Supt)
  • Compensation: $109,531
  • Related: $0
  • Other: $56,167
Brittney Kahrs (Cfo)
  • Compensation: $93,919
  • Related: $0
  • Other: $26,787
Ronald D Bledsoe (President)
  • Compensation: $10,500
  • Related: $0
  • Other: $0
Jennifer Boatright (Director)
  • Compensation: $8,100
  • Related: $0
  • Other: $0
Robert Norton (Director)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Robert Leftwich (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
David P Wood (Secretary/Treasurer)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Ronald Eickhoff (Director)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Alan Zimmerschied (Director)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Stephen Borgman (Vice President)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Jeremy Boedeker (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0


Official website here: www.cmecinc.com

Where can I find the form 990 for Central Missouri Electric Cooperative Inc?

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


Official website here: www.cmecinc.com

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

Mission Statement of Central Missouri Electric Cooperative Inc

Central Missouri Electric Cooperative Inc, a dedicated electric distribution cooperative, strives to deliver the finest electric service to its member-owners in the most economical way possible. With a commitment to safety, reliability, and affordability, the cooperative sets out to meet the unique power needs of its community in Central Missouri. By focusing on providing the best possible electric service, Central Missouri Electric Cooperative Inc ensures its members receive consistent and dependable energy, allowing them to thrive in their daily lives. The cooperative's mission is twofold: to offer the highest quality electric service and to do so at the most affordable price point for its valued members.

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Impact




October, 2024

Central Missouri Electric Cooperative Inc. has a significant impact on the communities it serves by offering safe, reliable, and affordable electricity to its members in Central Missouri. The cooperative stands out for its commitment to providing the best possible electric service at the lowest possible cost, ensuring that local residents and businesses have access to essential energy resources.

By functioning as an electric distribution cooperative, Central Missouri Electric Cooperative Inc. focuses on meeting the needs of its member-owners, enhancing the quality of life in the region. Its efforts contribute to economic development, as reliable electricity is crucial for businesses to operate efficiently and for residents to enjoy modern conveniences. The cooperative's emphasis on affordability helps to alleviate financial burdens on families and individuals, promoting a stable and thriving community.

Overall, Central Missouri Electric Cooperative Inc. plays a vital role in fostering public benefit, supporting sustainable practices, and enhancing the well-being of its member-owners in Sedalia and the surrounding areas.




This information is meant to be a general summary of Central Missouri 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
$32,640,376 (2022)
Expenses
$31,307,383 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $106,168
  • Program Service Revenue: $32,534,208
  • Gross Receipts: $32,640,376

Assets and Liabilities:

  • Total Assets: $57,692,694
  • Total Liabilities: $6,452,462
  • Net Assets: $51,240,232

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Programs

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

Energy Sales

Revenue

$31,981,728

Patronage Capital Credits

Revenue

$432,337

Other Electric Revenue

Revenue

$120,143

Organization Details

Founding Year

1938

Principal Officer

Brian Jacobi

Main Address

PO Box 939, Sedalia, MO, 65302

NTEE Category

Code: W80 - Public benefit

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