Overview
What is Craig-Botetourt Electric Cooperative?
Craig-Botetourt Electric Cooperative is a public utility based in New Castle, Virginia. Their primary mission involves the sale and distribution of electricity to their community members. As a cooperative, they are committed to providing essential electrical services to their customers.
Official website here: www.cbec.coop
What are the reviews and ratings of this charity?
Craig-Botetourt Electric Cooperative is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization, which limits its eligibility for evaluation under their established methodologies. The absence of a rating should not be interpreted as either a positive or negative indicator about the organization's performance or financial health.
Despite the lack of a current rating, it's important to note that historical evaluations focused primarily on aspects similar to what is now the Accountability and Finance score. As a cooperative, rather than a traditional charitable organization, Craig-Botetourt operates under different structural guidelines that impact its registration and evaluation status.
No user reviews for Craig-Botetourt Electric Cooperative have been found on GreatNonprofits. This absence of user feedback provides no additional insight into the public perceptions or experiences with the cooperative. Therefore, any assessment of its community impact or operational satisfaction must rely on direct stakeholder interactions or reports outside these platforms.
This AI summary has been generated from information found on Charity Navigator.
Is Craig-Botetourt Electric Cooperative legitimate?
Craig-Botetourt Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Craig-Botetourt Electric Cooperative 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: $370,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,761,835
For more financial information, click here
Official website here: www.cbec.coop
What is the mission statement of Craig-Botetourt Electric Cooperative?
Craig-Botetourt Electric Cooperative is a utility organization dedicated to the provision of electricity services. Based in New Castle, Virginia, the cooperative focuses on the sale and distribution of electricity to its member base. The cooperative's primary mission is to ensure reliable and efficient electricity delivery to its members, enhancing their quality of life. By selling and distributing electricity, the cooperative plays a crucial role in powering homes and businesses within its community. Additionally, it may offer various programs or services aimed at promoting energy conservation, customer education, or community engagement. However, specific details regarding such initiatives are not provided in the input data.
Official website here: www.cbec.coop
Who is the CEO of Craig-Botetourt Electric Cooperative?
Jeff M Ahearn is the Ceo of Craig-Botetourt Electric Cooperative. The CEO's salary of Craig-Botetourt Electric Cooperative is $163,077 and their total compensation is $206,098.
Official website here: www.cbec.coop
What is the revenue of Craig-Botetourt Electric Cooperative?
Craig-Botetourt Electric Cooperative's revenue in 2022 was $15,725,716.
Official website here: www.cbec.coop
Who are the executives of Craig-Botetourt Electric Cooperative and what are their salaries?
The average compensation at Craig-Botetourt Electric Cooperative during 2022 was $71,086. There are 30 employees at Craig-Botetourt Electric Cooperative.
Here are 8 key members and their salaries (Craig-Botetourt Electric Cooperative's CEO's salary is $163,077 and their total compensation is $206,098):
- Compensation: $163,077
- Related: $0
- Other: $43,021
- Compensation: $90,008
- Related: $0
- Other: $34,423
- Compensation: $7,870
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $6,600
- Related: $0
- Other: $0
- Compensation: $6,550
- Related: $0
- Other: $0
- Compensation: $6,400
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
Official website here: www.cbec.coop
Where can I find the form 990 for Craig-Botetourt Electric Cooperative?
Craig-Botetourt Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbec.coop
Learn more at the official website: www.cbec.coop
Mission Statement of Craig-Botetourt Electric Cooperative
Craig-Botetourt Electric Cooperative, headquartered in New Castle, VA, is a dedicated provider of electric power to its community members. With a mission to sell and distribute electricity, this public utility ensures the consistent flow of this essential resource to homes and businesses within its network.
As a vital part of its local community, Craig-Botetourt Electric Cooperative plays a significant role in keeping the power on for its members. By providing the sale and distribution of electricity, it ensures the community remains connected and productive. The cooperative's commitment to its members is unwavering, making it an indispensable organization in the region.
Craig-Botetourt Electric Cooperative's team of professionals works diligently around the clock to ensure a dependable and efficient electric grid. Their expertise and dedication enable the cooperative to respond effectively to power outages, ensuring minimal disruption to the daily lives of its members. Through their tireless efforts, Craig-Botetourt Electric Cooperative has built a reputation as a reliable partner in energy provision.
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Impact
October, 2024
Craig-Botetourt Electric Cooperative plays a vital role in delivering reliable electricity to its members in New Castle, VA. By focusing on the sale and distribution of electricity, the cooperative ensures that local residents and businesses have access to essential energy resources, fostering community growth and stability. Its operations not only support day-to-day activities but also enhance the quality of life for its members by providing a dependable power supply. The cooperative's commitment to serving its community underlines its impact as a cornerstone of public benefit, contributing to the overall well-being and development of the region.
This information is meant to be a general summary of Craig-Botetourt Electric Cooperative. 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: $57,004
- Program Service Revenue: $15,120,236
- Gross Receipts: $15,725,716
Assets and Liabilities:
- Total Assets: $41,328,881
- Total Liabilities: $27,759,848
- Net Assets: $13,569,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICITY TO MEMBERS
Revenue
$14,952,112
CIAC
Revenue
$150,844
PATRONAGE ALLOCATIONS
Revenue
$17,280
Organization Details
Founding Year
1936
Phone
(540) 864-5121Principal Officer
Jeff M Ahearn
Main Address
PO BOX 265, NEW CASTLE, VA, 24127
Website
www.cbec.coopNTEE Category
Code: W80 - Public benefit
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