Overview
What is Caney Fork Electric Cooperative Inc?
Caney Fork Electric Cooperative Inc is a nonprofit organization based in McMinnville, Tennessee. They specialize in providing electric services to residents in rural areas, dedicated to ensuring power access for their cooperative members. With a team of 87 employees, they focus on delivering reliable electricity to enhance the living conditions and daily lives of those in the community. Their mission remains unwavering, as they continue to prioritize the needs of their members and strive for a sustainable energy solution in the region.
Is Caney Fork Electric Cooperative Inc legitimate?
Caney Fork Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Caney Fork 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: $766,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Caney Fork Electric Cooperative Inc?
Caney Fork Electric Cooperative Inc is dedicated to delivering electric services to the rural community of its members. This non-profit organization prioritizes bringing power to remote areas, ensuring that its cooperative members have consistent access to electricity. The Cooperative's mission is to provide reliable electric service, enabling its members to improve their quality of life and sustain their daily routines. Through its commitment to community engagement, Caney Fork Electric Cooperative Inc also strives to create a positive impact on the rural communities it serves. By connecting its members to the power grid, this cooperative empowers them to build stronger and more self-sufficient homes and businesses.
Who is the CEO of Caney Fork Electric Cooperative Inc?
Albert R Dicus is the President of Caney Fork Electric Cooperative Inc.
What is the revenue of Caney Fork Electric Cooperative Inc?
Caney Fork Electric Cooperative Inc's revenue in 2023 was $77,606,579.
Who are the executives of Caney Fork Electric Cooperative Inc and what are their salaries?
The average compensation at Caney Fork Electric Cooperative Inc during 2023 was $8,805. There are 87 employees at Caney Fork Electric Cooperative Inc.
Here are 20 key members and their salaries:
- Compensation: $148,548
- Related: $0
- Other: $27,191
- Compensation: $139,950
- Related: $0
- Other: $33,792
- Compensation: $123,010
- Related: $0
- Other: $38,555
- Compensation: $118,665
- Related: $0
- Other: $38,555
- Compensation: $119,631
- Related: $0
- Other: $36,614
- Compensation: $119,357
- Related: $0
- Other: $36,813
- Compensation: $113,649
- Related: $0
- Other: $36,647
- Compensation: $113,416
- Related: $0
- Other: $36,647
- Compensation: $115,398
- Related: $0
- Other: $33,463
- Compensation: $2,900
- Related: $0
- Other: $15,738
- Compensation: $4,250
- Related: $0
- Other: $13,157
- Compensation: $3,650
- Related: $0
- Other: $8,777
- Compensation: $4,500
- Related: $0
- Other: $7,558
- Compensation: $4,000
- Related: $0
- Other: $7,558
- Compensation: $4,500
- Related: $0
- Other: $4,439
- Compensation: $3,550
- Related: $0
- Other: $4,439
- Compensation: $2,500
- Related: $0
- Other: $5,470
- Compensation: $3,350
- Related: $0
- Other: $0
- Compensation: $2,950
- Related: $0
- Other: $0
- Compensation: $650
- Related: $0
- Other: $0
Where can I find the form 990 for Caney Fork Electric Cooperative Inc?
Caney Fork Electric Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Caney Fork Electric Cooperative Inc
Caney Fork Electric Cooperative Inc is a mission-driven organization dedicated to providing electric services in rural areas to its cooperative members. The Cooperative's primary goal is to ensure that residents in remote locations have access to reliable and consistent electric power. By delivering electricity to these areas, Caney Fork Electric Cooperative Inc enhances the quality of life for its members and enables them to carry out essential daily activities. The Cooperative's unwavering commitment to its cause extends beyond just supplying electricity; it is focused on improving the standard of living for those residing in rural communities.
Caney Fork Electric Cooperative Inc's team of dedicated professionals works tirelessly to maintain a robust and efficient electrical infrastructure. Through their efforts, members of the Cooperative can depend on a stable power source, enabling them to run their homes and businesses efficiently. Furthermore, by providing electric service to rural areas, Caney Fork Electric Cooperative Inc plays a crucial role in supporting the economic growth of these communities. The organization's work empowers residents to build thriving businesses and creates opportunities for sustainable development.
In summary, Caney Fork Electric Cooperative Inc is a not-for-profit entity dedicated to bringing electricity to rural areas and enhancing the lives of its members. By focusing on providing essential electric services, the Cooperative fosters economic growth and enhances the overall well-being of the rural communities it serves.
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Impact
October, 2024
Caney Fork Electric Cooperative Inc plays a crucial role in enhancing the quality of life for residents in rural areas by providing reliable electric service. Based in McMinnville, TN, the cooperative ensures that its members have access to essential energy services, which are vital for homes, businesses, and overall community development.
By focusing on rural electrification, Caney Fork Electric Cooperative helps bridge the energy gap in underserved regions, contributing to economic growth and stability. Its mission promotes energy access that supports local employment, education, and health services, thereby fostering a stronger, more interconnected community. The cooperative’s commitment to public benefit stands as a testament to its significant impact on the lives of its members and the overall prosperity of the rural areas it serves.
This information is meant to be a general summary of Caney Fork 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 2023.
- Investment Income: $387,845
- Program Service Revenue: $77,206,056
- Gross Receipts: $77,606,579
Assets and Liabilities:
- Total Assets: $146,308,723
- Total Liabilities: $67,389,734
- Net Assets: $78,918,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric service
Revenue
$77,206,056
Organization Details
Founding Year
1940
Phone
(931) 473-3116Principal Officer
Albert R Dicus
Main Address
PO BOX 272, MCMINNVILLE, TN, 37111
NTEE Category
Code: W80 - Public benefit
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