Cms 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: 480500268 ✦ Meade, KS ✦ Designated as a 501(c)(12)

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Overview

What is Cms Electric Cooperative Inc?

Cms Electric Cooperative Inc is a nonprofit organization headquartered with a mission to distribute electricity as a public utilities company. With a focus on providing electricity, they operate as an essential service organization. Cms Electric Cooperative's primary activity revolves around the distribution of electricity, making it an integral part of the community's power infrastructure.


Official website here: www.cmselectric.com

What are the reviews and ratings of this charity?

CMS Electric Cooperative Inc does not currently have a rating from Charity Navigator. The absence of a rating is due to the organization's status as a non-501(c)(3) entity, which means it does not fall under the categories that Charity Navigator typically evaluates, such as Accountability & Finance, Impact & Measurement, or Culture & Community. This is not an indication of the organization's quality or performance, simply a limitation of the current evaluation framework.

Without IRS registration as a 501(c)(3), CMS Electric Cooperative Inc cannot provide detailed financial data through Form 990 filings, which is necessary for deriving Charity Navigator ratings. As a result, details such as revenue, expenses, and key personnel salaries are unavailable, which usually contribute to understanding the transparency and accountability of an organization.

There are no user reviews available for CMS Electric Cooperative Inc on GreatNonprofits, so there is currently no user feedback to provide additional insight into the organization's services or impact from client perspectives.


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

Is Cms Electric Cooperative Inc legitimate?

Cms Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cms 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: $560,270
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,459,417

For more financial information, click here


Official website here: www.cmselectric.com

What is the mission statement of Cms Electric Cooperative Inc?

CMS Electric Cooperative Inc focuses on the distribution of electricity as its primary mission. The organization functions as a public utilities entity, dedicated to providing this essential service to its community. By supplying electricity, CMS Electric Cooperative contributes significantly to improving the quality of life for individuals and businesses within its reach. Its mission extends beyond mere distribution, as it strives to ensure reliable and consistent electric power for its customer base. Additionally, the cooperative may engage in initiatives aimed at advancing energy efficiency and sustainable power sources, though this information is not explicitly stated in the provided data.


Official website here: www.cmselectric.com

Who is the CEO of Cms Electric Cooperative Inc?

Kirk Thompson is the Ceo of Cms Electric Cooperative Inc. The CEO's salary of Cms Electric Cooperative Inc is $459,459 and their total compensation is $523,470.


Official website here: www.cmselectric.com

What is the revenue of Cms Electric Cooperative Inc?

Cms Electric Cooperative Inc's revenue in 2022 was $29,650,125.


Official website here: www.cmselectric.com

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

The average compensation at Cms Electric Cooperative Inc during 2022 was $51,787. There are 39 employees at Cms Electric Cooperative Inc.


Here are 15 key members and their salaries (Cms Electric Cooperative Inc's CEO's salary is $459,459 and their total compensation is $523,470):


Kirk Thompson (Ceo)
  • Compensation: $459,459
  • Related: $0
  • Other: $64,011
Charles A Martin (Office Manager)
  • Compensation: $168,986
  • Related: $0
  • Other: $40,284
Russell E Blehm (Operations Manager)
  • Compensation: $162,103
  • Related: $0
  • Other: $37,144
Michael G Bushnell (District Manager-Coldwater)
  • Compensation: $148,661
  • Related: $0
  • Other: $47,518
Lloyd Vanderpool (Engineering Manager)
  • Compensation: $122,160
  • Related: $0
  • Other: $33,220
Justin D Hegwood (District Manager-Meade)
  • Compensation: $117,826
  • Related: $0
  • Other: $32,072
Donald Nighswonger (Trustee)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Linda Tomlinson (Secretary-Treasurer)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Ronald Oliver (President)
  • Compensation: $5,700
  • Related: $0
  • Other: $0
Keith Randall (Trustee)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
James Mckinney (Trustee)
  • Compensation: $3,700
  • Related: $0
  • Other: $0
Gary Warden (Trustee)
  • Compensation: $3,300
  • Related: $0
  • Other: $0
Michael Johnson (Vice President)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Chad Mcmillin (Trustee)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Vanessa Reever (Trustee)
  • Compensation: $900
  • Related: $0
  • Other: $0


Official website here: www.cmselectric.com

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

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


Official website here: www.cmselectric.com

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

Mission Statement of Cms Electric Cooperative Inc

CMS Electric Cooperative Inc, a public utilities organization, is dedicated to the distribution of electricity as its primary mission. This mission is accomplished through the cooperative's operations, which provide essential electric power to communities and households. As a non-profit entity, CMS Electric Cooperative Inc plays a vital role in bringing light and power to homes and businesses, enhancing the quality of life for its customers.

The cooperative's commitment to distributing electricity extends beyond the mere provision of electric power. CMS Electric Cooperative Inc operates as a public utility, ensuring that electricity is accessible and reliable to all consumers. By focusing on electricity distribution, the cooperative contributes to the economic development and growth of the communities it serves. Additionally, its operations are designed to promote energy efficiency and sustainability, making CMS Electric Cooperative Inc an essential partner in the drive toward a greener future.

The cooperative's mission is not merely about delivering electricity but also about reliability and accessibility. CMS Electric Cooperative Inc strives to ensure that electricity is available to its customers whenever they need it. By investing in infrastructure, technology, and maintenance, the cooperative ensures the constant flow of electric power. Furthermore, the cooperative's customer-centric approach emphasizes the importance of communication and collaboration with its consumers, fostering a strong relationship based on trust and mutual benefits.

CMS Electric Cooperative Inc's role as a distributor of electricity is crucial in today's world, where electric power is no longer a luxury but a necessity. Its dedication to providing reliable and accessible electricity to its customers underscores its commitment to the communities it serves. With its focus on innovation, sustainability, and customer satisfaction, CMS Electric Cooperative Inc continues to make a positive impact on the lives of its consumers and contribute to the progress of society as a whole.

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Impact




October, 2024

CMS Electric Cooperative Inc plays a vital role in delivering electricity to the residents and businesses of Meade, Kansas. By focusing on the distribution of electricity, the cooperative ensures that the local community has reliable access to essential power services. This is crucial for everyday activities, supporting both residential needs and local economic development.

Through its operations, CMS Electric Cooperative contributes to the overall quality of life in Meade by facilitating energy access necessary for comfort, safety, and productivity. Additionally, as a public utilities organization, the cooperative is committed to serving the best interests of its members, often prioritizing affordability and sustainability in its operations.

Moreover, the cooperative's emphasis on community benefit reflects its mission to support the needs of its members, fostering a sense of community engagement and responsibility. Overall, CMS Electric Cooperative Inc serves as a cornerstone for energy distribution, significantly impacting the well-being and progress of the Meade community.




This information is meant to be a general summary of Cms 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
$29,650,125 (2022)
Expenses
$26,846,048 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $226,761
  • Program Service Revenue: $29,417,156
  • Gross Receipts: $29,681,795

Assets and Liabilities:

  • Total Assets: $76,100,768
  • Total Liabilities: $59,021,317
  • Net Assets: $17,079,451

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Programs

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

ELECTRIC SALES

Revenue

$29,074,063

CAPITAL CREDITS

Revenue

$343,093

Organization Details

Founding Year

1945

Principal Officer

Kirk Thompson

Main Address

PO BOX 790, MEADE, KS, 67864

NTEE Category

Code: W80 - Public benefit

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