Overview
What is Central Power Electric Cooperative Inc?
Central Power Electric Cooperative Inc is a North Dakota-based nonprofit organization, specifically located at 525 20th Ave SW, Minot, North Dakota, 58701. Their primary mission revolves around providing wholesale all-requirements electric service to six member rural electric cooperatives in the state. With a dedicated workforce of 65 employees, Central Power Electric Cooperative plays a vital role in ensuring reliable electric service to its cooperative members. Their operations extend beyond just energy provision, as they collaborate closely with their rural electric cooperative partners in North Dakota.
Official website here: www.centralpwr.com
Is Central Power Electric Cooperative Inc legitimate?
Central Power Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Power 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Central Power Electric Cooperative Inc?
Central Power Electric Cooperative Inc serves the electrical needs of six rural electric cooperatives in North Dakota. Their primary role is to provide wholesale all-requirements electric service to these cooperatives. By doing so, they ensure the reliable delivery of electricity to their member cooperatives and the communities they serve. Central Power Electric Cooperative Inc's mission is geared towards meeting the electric demands of its cooperative members, fostering sustainable energy solutions and powering the development of rural communities in North Dakota. Through their dedicated efforts, they contribute significantly to enhancing the quality of life for people in these areas by addressing their electric needs effectively.
Official website here: www.centralpwr.com
Who is the CEO of Central Power Electric Cooperative Inc?
Thomas L Meland is the General Manager of Central Power Electric Cooperative Inc.
Official website here: www.centralpwr.com
What is the revenue of Central Power Electric Cooperative Inc?
Central Power Electric Cooperative Inc's revenue in 2022 was $181,588,678.
Official website here: www.centralpwr.com
Who are the executives of Central Power Electric Cooperative Inc and what are their salaries?
Here are 14 key members and their salaries:
- Thomas L Meland (General Manager)
- Mark A Sherman (Manager Of Operations Engineering)
- Michael J Kossan (Manager Of Accounting Finance)
- Ryan C Callahan (Chief Transmission Engineer)
- Dennis M Olson (Chief Substation Engineer)
- Todd T Ahmann (Network Administrator)
- Kenneth L Haugen (Operations Superintendent)
- Randy Brunner (Substation Engineer)
- Jean Brandt (Vice President) [Trustee/Director]
- Mark Brehm (Secretary Treasurer) [Trustee/Director]
- Arden Fuher (Director)
- Robert Wolf (President) [Trustee/Director]
- Troy Presser (Director)
- David Straley (Director)
Official website here: www.centralpwr.com
Where can I find the form 990 for Central Power Electric Cooperative Inc?
The Central Power Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.centralpwr.com
Learn more at the official website: www.centralpwr.com
Mission Statement of Central Power Electric Cooperative Inc
Central Power Electric Cooperative Inc, a crucial player in North Dakota's electric sector, is dedicated to supplying wholesale all-requirements electric service to its six member rural electric cooperatives. The organization's primary role is to ensure a steady and reliable electric supply for the communities it serves, enabling them to thrive and grow sustainably.
In essence, Central Power Electric Cooperative Inc acts as a power hub, supplying its cooperative members with the necessary electric requirements to meet their various needs. This collaborative approach is instrumental in ensuring that rural areas in North Dakota have access to reliable and affordable electric power, creating a foundation for economic development and improved living conditions.
Moreover, Central Power Electric Cooperative Inc's mission is grounded in the belief that a reliable electric supply is essential for the prosperity and well-being of rural communities. By providing wholesale all-requirements electric service, the cooperative empowers its member cooperatives to focus on delivering high-quality electric service to their end customers, ultimately enhancing the quality of life for thousands of North Dakotans.
Impact
This information is meant to be a general summary of Central Power Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Central Power Electric Cooperative Inc's impact is significant in providing wholesale all-requirements electric service to its six member rural electric cooperatives in North Dakota. By ensuring a reliable and affordable source of electricity, Central Power Electric Cooperative Inc plays a crucial role in supporting the rural communities it serves. This access to electricity is essential for the members' daily lives, businesses, and overall economic development in the region. Through its operations, Central Power Electric Cooperative Inc positively contributes to the well-being and progress of the rural areas in North Dakota.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electricity Sales to Members
Revenue
$150,569,023
Transmission Revenues - SPP
Revenue
$11,082,552
Transmissions Revenues - Lease
Revenue
$2,408,560
Other Electric Revenues
Revenue
$1,164,577
Organization Details
Founding Year
1949
Principal Officer
Thomas L Meland
Main Address
525 20th Ave SW, Minot, ND, 58701
Website
www.centralpwr.com
NTEE Category
Code: W80 - Public benefit
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