Overview
What is Clark Energy Cooperative Corporation?
Clark Energy Cooperative Corporation is a nonprofit organization headquartered in Winchester, Kentucky. With approximately 27,598 members, they provide electric distribution services on a patronage basis. Their mission revolves around delivering electricity to their member-owners, ensuring a community-oriented approach. The corporation employs a team of 55 individuals to execute their services effectively.
Official website here: www.clarkenergy.com
Is Clark Energy Cooperative Corporation legitimate?
Clark Energy Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Clark Energy Cooperative Corporation 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: $614,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.clarkenergy.com
What is the mission statement of Clark Energy Cooperative Corporation?
Clark Energy Cooperative Corporation is committed to delivering electric distribution services to its member owners. The cooperative operates on a patronage basis, implying a shared ownership and mutual benefit among its members. Its primary mission revolves around providing electric sales to approximately 27,598 members on a regular basis, upholding the cooperative ethos.
Official website here: www.clarkenergy.com
Who is the CEO of Clark Energy Cooperative Corporation?
Robert Brewer is the CEO of Clark Energy Cooperative Corporation The CEO's salary of Clark Energy Cooperative Corporation is $289,821 and their total compensation is $301,972.
Official website here: www.clarkenergy.com
What is the revenue of Clark Energy Cooperative Corporation?
Clark Energy Cooperative Corporation's revenue in 2024 was $58,868,817.
Official website here: www.clarkenergy.com
Who are the executives of Clark Energy Cooperative Corporation and what are their salaries?
The average compensation at Clark Energy Cooperative Corporation during 2024 was $10,409. There are 59 employees at Clark Energy Cooperative Corporation.
Here are 16 key members and their salaries (Clark Energy Cooperative Corporation's CEO's salary is $289,821 and their total compensation is $301,972):
- Compensation: $23,659
- Related: $0
- Other: $0
- Compensation: $18,473
- Related: $0
- Other: $0
- Compensation: $18,897
- Related: $0
- Other: $0
- Compensation: $22,096
- Related: $0
- Other: $0
- Compensation: $21,727
- Related: $0
- Other: $0
- Compensation: $12,473
- Related: $0
- Other: $0
- Compensation: $30,141
- Related: $0
- Other: $0
- Compensation: $17,199
- Related: $0
- Other: $0
- Compensation: $15,042
- Related: $0
- Other: $0
- Compensation: $144,622
- Related: $0
- Other: $45,052
- Compensation: $289,821
- Related: $0
- Other: $12,151
- Compensation: $152,990
- Related: $0
- Other: $5,496
- Compensation: $148,449
- Related: $0
- Other: $13,264
- Compensation: $131,687
- Related: $0
- Other: $47,228
- Compensation: $137,035
- Related: $0
- Other: $38,067
- Compensation: $125,001
- Related: $0
- Other: $26,034
Official website here: www.clarkenergy.com
Where can I find the form 990 for Clark Energy Cooperative Corporation?
Clark Energy Cooperative Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.clarkenergy.com
Learn more at the official website: www.clarkenergy.com
Mission Statement of Clark Energy Cooperative Corporation
Clark Energy Cooperative Corporation, with its mission, dedicates itself to providing distribution of electric service to its member owners. This cooperative operates on a patronage basis, setting it apart as a committed partner to the communities it serves.
Through its essential function, Clark Energy Cooperative Corporation ensures the delivery of electric sales to nearly 27,600 member owners every month. The cooperative's unwavering commitment to its members lies at the heart of its operations, fostering a sense of collaboration and community among its clientele.
In essence, the organization's primary objective is to distribute electric power to its valued member owners, all while upholding the principles of a patronage system. This approach creates a unique bond between the cooperative and its members, ensuring equitable access to essential electric services.
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Impact
October, 2024
Clark Energy Cooperative Corporation plays a crucial role in providing reliable distribution electrical services to approximately 27,598 member owners each month in Winchester, Kentucky. By operating on a patronage basis, the cooperative ensures that its members benefit from services tailored to their needs, fostering a sense of community and ownership among its users. This approach not only enhances access to electricity but also promotes local economic growth by ensuring that resources are managed and distributed with the interests of its members in mind. The cooperative emphasizes the importance of public benefit, contributing to the overall well-being and sustainability of the region it serves.
This information is meant to be a general summary of Clark Energy Cooperative Corporation. 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 2024.
- Investment Income: $66,346
- Program Service Revenue: $57,026,299
- Gross Receipts: $58,868,817
Assets and Liabilities:
- Total Assets: $143,276,361
- Total Liabilities: $73,155,619
- Net Assets: $70,120,742
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SERVICE REVENUE
Revenue
$57,026,299
Organization Details
Founding Year
1942
Principal Officer
Robert C Brewer
Website
www.clarkenergy.comNTEE Category
Code: W80 - Public benefit
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