Overview
What is Cherry Todd Electric Cooperative Inc?
Cherry Todd Electric Cooperative Inc, located in Mission, South Dakota (PO Box 169), is a member-owned cooperative committed to selling and distributing electricity to its community. With approximately 3,733 members served, the cooperative covers over 2,399 miles of lines to ensure safe, reliable, and cost-effective electricity delivery. The cooperative is dedicated to its mission, which involves providing electricity to members efficiently and safely. The cooperative employs a team of 23 individuals to accomplish this goal.
Official website here: www.cherry-todd.com
What are the reviews and ratings of this charity?
Cherry Todd Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating does not imply a negative or positive assessment but indicates they do not meet the eligibility criteria due to their status as a non-501(c)(3) organization. This limitation means they cannot be evaluated through Charity Navigator's standard methodologies, including Accountability & Finance or Impact & Measurement.
As an independent organization, Cherry Todd Electric Cooperative Inc operates outside the typical nonprofit framework evaluated by entities like Charity Navigator. They do not provide data on total revenue, expenses, or salaries, which typically informs the financial health and accountability ratings for nonprofits.
No user reviews are available on GreatNonprofits, which limits additional insights into public perception or experiences with the cooperative. Without these user reviews, the organization's community impact or stakeholder engagement remains unclear.
This AI summary has been generated from information found on Charity Navigator.
Is Cherry Todd Electric Cooperative Inc legitimate?
Cherry Todd Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cherry Todd 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: $303,843
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,768
For more financial information, click here
Official website here: www.cherry-todd.com
What is the mission statement of Cherry Todd Electric Cooperative Inc?
Cherry Todd Electric Cooperative Inc is dedicated to providing electricity to its members in a safe, reliable, and cost-effective manner. As a member-owned cooperative, the organization aims to distribute electricity efficiently and returns any generated margins to its members, as determined by the board of directors. In 2022, approximately 3,733 members were served through 2,399 miles of lines. The cooperative ensures a consistent electricity supply and maintains a strong commitment to providing an affordable service to its community.
Official website here: www.cherry-todd.com
Who is the CEO of Cherry Todd Electric Cooperative Inc?
Timothy W Grablander is the President of Cherry Todd Electric Cooperative Inc. The CEO's salary of Cherry Todd Electric Cooperative Inc is $175,134 and their total compensation is $274,090.
Official website here: www.cherry-todd.com
What is the revenue of Cherry Todd Electric Cooperative Inc?
Cherry Todd Electric Cooperative Inc's revenue in 2022 was $16,018,537.
Official website here: www.cherry-todd.com
Who are the executives of Cherry Todd Electric Cooperative Inc and what are their salaries?
The average compensation at Cherry Todd Electric Cooperative Inc during 2022 was $24,200. There are 23 employees at Cherry Todd Electric Cooperative Inc.
Here are 15 key members and their salaries (Cherry Todd Electric Cooperative Inc's CEO's salary is $175,134 and their total compensation is $274,090):
- Compensation: $5,775
- Related: $0
- Other: $0
- Compensation: $3,575
- Related: $0
- Other: $0
- Compensation: $9,350
- Related: $0
- Other: $0
- Compensation: $4,400
- Related: $0
- Other: $0
- Compensation: $2,750
- Related: $0
- Other: $0
- Compensation: $6,463
- Related: $0
- Other: $0
- Compensation: $8,663
- Related: $0
- Other: $0
- Compensation: $2,200
- Related: $0
- Other: $0
- Compensation: $963
- Related: $0
- Other: $0
- Compensation: $175,134
- Related: $0
- Other: $98,956
- Compensation: $106,201
- Related: $0
- Other: $60,561
- Compensation: $106,385
- Related: $0
- Other: $25,152
- Compensation: $105,430
- Related: $0
- Other: $48,436
- Compensation: $112,918
- Related: $0
- Other: $60,668
- Compensation: $105,943
- Related: $0
- Other: $58,095
Official website here: www.cherry-todd.com
Where can I find the form 990 for Cherry Todd Electric Cooperative Inc?
Cherry Todd Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cherry-todd.com
Learn more at the official website: www.cherry-todd.com
Mission Statement of Cherry Todd Electric Cooperative Inc
Cherry Todd Electric Cooperative Inc, a member-owned cooperative, is dedicated to the mission of distributing electricity to its members in a safe, reliable, and cost-effective manner. The cooperative's primary objective is to ensure the delivery of electricity to its approximately 3,733 members, covering over 2,399 miles of line. Any excess revenues generated are earmarked for return to the members, as determined by the Board of Directors. The cooperative prides itself on providing an essential service that powers homes and businesses, ensuring consistent power supply and affordability for its members.
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Impact
October, 2024
Cherry Todd Electric Cooperative Inc has a significant impact on the communities it serves by providing safe, reliable, and cost-effective electricity to its members. With a focus on member ownership, the cooperative operates with the goal of meeting the energy needs of approximately 3,733 members across 2,399 miles of electrical lines in Mission, South Dakota.
The cooperative's approach not only ensures a consistent power supply but also prioritizes the wellbeing of its members by returning any operational margins to them, reinforcing the value of membership. By maintaining high safety standards and reliability in electricity distribution, Cherry Todd Electric Cooperative Inc plays a crucial role in supporting local economies and enhancing the quality of life for its members, making it a vital resource in the region.
This information is meant to be a general summary of Cherry Todd 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 2022.
- Investment Income: $134,830
- Program Service Revenue: $15,888,940
- Gross Receipts: $16,070,049
Assets and Liabilities:
- Total Assets: $52,520,658
- Total Liabilities: $34,163,446
- Net Assets: $18,357,212
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$14,753,154
CAPITAL CREDITS
Revenue
$1,135,786
Organization Details
Founding Year
1948
Phone
(605) 856-4416Principal Officer
Timothy W Grablander
Main Address
PO BOX 169, MISSION, SD, 57555
Website
www.cherry-todd.comNTEE Category
Code: W80 - Public benefit
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