Overview
What is Cam Wal Electric Cooperative Inc?
Cam Wal Electric Cooperative Inc, established in Selby, South Dakota, is a nonprofit organization dedicated to serving approximately 2,545 members. Their primary mission is to ensure the provision of affordable, secure, and dependable electricity. With a team of 15 dedicated individuals, they work tirelessly to maintain this essential service, contributing to the well-being and comfort of their community. The cooperative's operations are anchored in the belief that access to reliable power is a fundamental necessity, and they strive to uphold this standard in all their endeavors.
Official website here: www.cwec.coop
Is Cam Wal Electric Cooperative Inc legitimate?
Cam Wal Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cam Wal 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: $250,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,040,041
For more financial information, click here
Official website here: www.cwec.coop
What is the mission statement of Cam Wal Electric Cooperative Inc?
Cam Wal Electric Cooperative Inc's mission is centered around providing essential electrical services to its members. This mission is twofold, focusing on ensuring the power supplied is both affordable and reliable. The cooperative prioritizes safety as a fundamental aspect of its operations, ensuring that the power it distributes is safe for its members' use. The primary activity of Cam Wal Electric Cooperative Inc is to provide electric service to approximately 2,545 members.
Official website here: www.cwec.coop
What is the revenue of Cam Wal Electric Cooperative Inc?
Cam Wal Electric Cooperative Inc's revenue in 2023 was $8,177,389.
Official website here: www.cwec.coop
Who are the executives of Cam Wal Electric Cooperative Inc and what are their salaries?
The average compensation at Cam Wal Electric Cooperative Inc during 2023 was $99,284. There are 13 employees at Cam Wal Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Compensation: $8,313
- Related: $0
- Other: $0
- Compensation: $5,625
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $6,750
- Related: $0
- Other: $0
- Compensation: $3,750
- Related: $0
- Other: $0
- Compensation: $3,750
- Related: $0
- Other: $0
- Compensation: $5,250
- Related: $0
- Other: $0
- Compensation: $3,375
- Related: $0
- Other: $0
- Compensation: $5,250
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $138,635
- Related: $0
- Other: $74,320
- Compensation: $113,877
- Related: $0
- Other: $51,092
- Compensation: $104,051
- Related: $0
- Other: $56,136
- Compensation: $103,779
- Related: $0
- Other: $21,535
Official website here: www.cwec.coop
Where can I find the form 990 for Cam Wal Electric Cooperative Inc?
Cam Wal Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cwec.coop
Learn more at the official website: www.cwec.coop
Mission Statement of Cam Wal Electric Cooperative Inc
Cam Wal Electric Cooperative Inc, as a mission-driven organization, is committed to providing its members with affordable, safe, and reliable electrical power. This nonprofit's primary objective is to ensure that its members, numbering approximately 2,545, have access to consistent and dependable energy services. By prioritizing affordability, Cam Wal Electric Cooperative Inc aims to make electricity a more accessible resource for its members, thereby contributing to their overall well-being and lifestyle.
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Impact
October, 2024
Cam Wal Electric Cooperative Inc plays a vital role in delivering low-cost, safe, and reliable electricity to its members in Selby, South Dakota. By providing electric service to approximately 2,545 members, the cooperative helps ensure that local communities have access to essential power services, which in turn supports homes, businesses, and local economies. The cooperative’s commitment to affordability and reliability enhances the quality of life for its members, fostering a sense of community while addressing the energy needs of the region. This impact contributes significantly to economic development and the wellbeing of the residents in the area.
This information is meant to be a general summary of Cam Wal 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: $24,796
- Program Service Revenue: $8,084,739
- Gross Receipts: $8,650,710
Assets and Liabilities:
- Total Assets: $29,433,408
- Total Liabilities: $17,969,259
- Net Assets: $11,464,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$7,698,632
COOP CAPITAL CREDITS
Revenue
$386,107
Organization Details
Founding Year
1945
Principal Officer
Kenneth Brockel
Website
www.cwec.coopNTEE Category
Code: W80 - Public benefit
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