Overview
What is Central Electric Power Cooperative Inc?
Central Electric Power Cooperative Inc is a South Carolina-based nonprofit organization dedicated to benefiting its members by providing a dependable, long-term power supply that supports growth, all while keeping costs low in accordance with good utility practices. The cooperative ensures reliable power delivery, adhering to applicable guidelines. In addition to energy provision, they offer related services as directed by their Board of Trustees. Central Electric Power Cooperative operates as a generation and transmission cooperative, providing power to twenty distribution cooperatives in South Carolina. They construct transmission tap lines to serve substations owned by the distribution cooperatives.
Official website here: www.cepci.org
Is Central Electric Power Cooperative Inc legitimate?
Central Electric Power Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Electric Power 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: $3,947,979
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,383,488
For more financial information, click here
What is the mission statement of Central Electric Power Cooperative Inc?
Central Electric Power Cooperative Inc exists primarily to serve the needs of its members. The cooperative is dedicated to providing a dependable and long-term power supply, supporting growth while keeping costs minimal, in line with good utility practices. Central Electric ensures the reliable delivery of power when and where required, adhering to applicable guidelines. The organization offers additional energy-related and delivery-related services as directed by its Board of Trustees. Central Electric Power Cooperative functions as a generation and transmission cooperative, supplying electricity to twenty distribution cooperatives in South Carolina. Central constructs transmission tap lines to serve substations owned by the distribution cooperatives.
Official website here: www.cepci.org
Who is the CEO of Central Electric Power Cooperative Inc?
Ryan Thomas is the Secretary/Treasurer of Central Electric Power Cooperative Inc. The CEO's salary of Central Electric Power Cooperative Inc is $875,718 and their total compensation is $1,461,445.
Official website here: www.cepci.org
What is the revenue of Central Electric Power Cooperative Inc?
Central Electric Power Cooperative Inc's revenue in 2022 was $1,459,022,371.
Official website here: www.cepci.org
Who are the executives of Central Electric Power Cooperative Inc and what are their salaries?
The average compensation at Central Electric Power Cooperative Inc during 2022 was $143,646. There are 58 employees at Central Electric Power Cooperative Inc.
Here are 52 key members and their salaries (Central Electric Power Cooperative Inc's CEO's salary is $875,718 and their total compensation is $1,461,445):
- Robert Hochstetler (President & Ceo)
- Mark A Svrcek (Svp Of Member Solutions)
- John Brantley (Sr Vp Of Administration)
- William Ware (Vp Of Engineering & Engine)
- James Price (Svp Of Member Services)
- James Tindal (Director Of Transmission D)
- Kenneth Motsinger (Director Of Engineering)
- Gerald Fleming (Director Of Power Supply)
- Chris Wolfe (Manager Of Power Supply Co)
- Dinah Raven (Corporate Controller)
- James Jackson (Senior Engineer Ii - Operations & Reliability)
- E Paul Basha (Chairman) [Trustee/Director]
- Douglas A Reeves (Vice Chairman) [Trustee/Director]
- Mryan Thomas (Vp Of Administration & Cfo)
- Robert G Ardis Iii (Trustee)
- J David Wasson Jr (Trustee)
- A Berl Davis (Secretary/Treasurer) [Trustee/Director]
- Gary L Stooksbury (Trustee)
- Terry W Mallard (Trustee)
- B Robert Paulling (Trustee)
- James L Rowe (Trustee)
- G Keith Avery (Trustee)
- Chad T Lowder (Trustee)
- William L Fleming Jr (Trustee)
- Steve Chewning (Trustee)
- H Wayne Dewitt (Trustee)
- James M Bunton Jr (Trustee)
- Mary B Sheridan (Trustee)
- Johnnie L Dickert (Trustee)
- Bruce Bacon (Trustee)
- James E Stewart Jr (Trustee)
- James L Lovinggood (Trustee)
- Brian W Broughton (Trustee)
- Charles R Allen (Trustee)
- Anita P Whitney (Trustee)
- Wf Davis (Trustee)
- Charles E Adair (Trustee)
- Barbara F Weston (Trustee)
- Charles R Smith (Trustee)
- James A Risinger (Trustee)
- Jeffrey M Lewis (Trustee)
- Andy Mcknight (Trustee)
- Mark L Walling (Trustee)
- David Efelkel (Trustee)
- Carolyn Boyd (Trustee)
- Franklin M Looper Jr (Trustee)
- Hamer L Parnell (Trustee)
- Mitchell Rabon (Trustee)
- Franklin C Blanton (Trustee)
- Eugene Harriott Jr (Trustee)
- Michael Fuller (Trustee - See Schedule O)
- Danny Shelley (Trustee - See Schedule O)
Official website here: www.cepci.org
Where can I find the form 990 for Central Electric Power Cooperative Inc?
The Central Electric Power Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cepci.org
Learn more at the official website: www.cepci.org
Mission Statement of Central Electric Power Cooperative Inc
Central Electric Power Cooperative Inc, a benefit corporation, is dedicated to delivering a stable and reliable power supply to twenty member distribution cooperatives in South Carolina. The cooperative constructs transmission tap lines to serve substations owned by the distribution cooperatives, ensuring the reliable delivery of electricity when and where desired. Central Electric Power Cooperative's primary goal is to provide its members with a long-term and cost-effective power solution, accommodating growth in a responsible and efficient manner. The organization's mission is to serve as a trusted generator and transmitter of electricity, prioritizing the needs of its members while adhering to good utility practices.
Impact
This information is meant to be a general summary of Central Electric Power 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 Electric Power Cooperative Inc's impact is significant in providing a reliable, long-term, and stable supply of power to its member distribution cooperatives in South Carolina. By ensuring a consistent delivery of power when and where desired, Central Electric Power Cooperative plays a crucial role in supporting the energy needs of communities and businesses in the region. Additionally, their focus on offering energy-related or delivery-related services as directed by the Board of Trustees further enhances the efficiency and effectiveness of the power supply network. Overall, Central Electric Power Cooperative Inc's efforts contribute to the economic development and well-being of the areas it serves.
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.
SALES OF ELECTRIC ENERGY
Revenue
$1,456,068,301
Organization Details
Founding Year
1948
Phone
(803) 779-4975
Principal Officer
Ryan Thomas
Main Address
20 COOPERATIVE WAY, COLUMBIA, SC, 29210
Website
www.cepci.org
NTEE Category
Code: W80 - Public benefit
If you are a representative of Central Electric Power Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.