Overview
What is Central Alabama Electric Cooperative?
Central Alabama Electric Cooperative, located at 103 Jesse Samuel Hunt Blvd, Prattville, AL 36066, is a nonprofit electric utility service provider with approximately 35,818 cooperative members. Their primary mission is to deliver essential utility services to this community. With a team of 176 dedicated employees, Central Alabama Electric Cooperative strives to ensure the reliable provision of electricity to its members.
Official website here: www.caec.coop
What are the reviews and ratings of this charity?
Central Alabama Electric Cooperative is not currently rated by Charity Navigator, as it does not classify as a 501(c)(3) organization, which is a requirement for their assessment methodologies. The cooperative lacks data in key areas such as revenue, expenses, and key personnel salaries, making it ineligible for a conventional Charity Navigator evaluation. The absence of a rating does not necessarily indicate the organization's efficacy or shortcomings.
Despite its lack of rating, Central Alabama Electric Cooperative operates as an independent organization and not an auxiliary. This suggests that they manage their activities and decision-making independently. The cooperative's purpose and value cannot be comprehensively assessed through the available frameworks given their structure and categorization outside the typical nonprofit status measured by Charity Navigator.
There are no user reviews available from GreatNonprofits to provide additional insights into the cooperative's operations or community impact. Thus, while specific strengths and limitations related to their non-profit profile are not captured, it remains essential for stakeholders to consider other community feedback or direct information where accessible.
This AI summary has been generated from information found on Charity Navigator.
Is Central Alabama Electric Cooperative legitimate?
Central Alabama Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Alabama 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: $1,755,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $798,095
For more financial information, click here
Official website here: www.caec.coop
What is the mission statement of Central Alabama Electric Cooperative?
Central Alabama Electric Cooperative is dedicated to delivering utility services to its cooperative members. Its primary mission is to ensure the provision of electricity to approximately 35,818 members. This non-profit organization focuses on powering homes and businesses within its community, enhancing the quality of life for those it serves. Through consistent and reliable electric service, Central Alabama Electric Cooperative strives to contribute to the economic growth and overall well-being of its members. Additionally, the cooperative may offer various programs or initiatives to enhance the energy efficiency and sustainability of its members' lifestyles.
Official website here: www.caec.coop
Who is the CEO of Central Alabama Electric Cooperative?
Thomas Stackhouse is the President/Ce of Central Alabama Electric Cooperative.
Official website here: www.caec.coop
What is the revenue of Central Alabama Electric Cooperative?
Central Alabama Electric Cooperative's revenue in 2022 was $115,611,869.
Official website here: www.caec.coop
Who are the executives of Central Alabama Electric Cooperative and what are their salaries?
The average compensation at Central Alabama Electric Cooperative during 2022 was $14,510. There are 176 employees at Central Alabama Electric Cooperative.
Here are 22 key members and their salaries:
- Compensation: $389,352
- Related: $0
- Other: $219,725
- Compensation: $221,069
- Related: $0
- Other: $188,776
- Compensation: $203,078
- Related: $0
- Other: $170,937
- Compensation: $223,814
- Related: $0
- Other: $104,825
- Compensation: $192,590
- Related: $0
- Other: $120,356
- Compensation: $166,181
- Related: $0
- Other: $99,113
- Compensation: $169,738
- Related: $0
- Other: $79,757
- Compensation: $161,808
- Related: $0
- Other: $86,312
- Compensation: $161,864
- Related: $0
- Other: $77,130
- Compensation: $164,532
- Related: $0
- Other: $69,795
- Compensation: $148,369
- Related: $0
- Other: $73,141
- Compensation: $44,000
- Related: $0
- Other: $0
- Compensation: $42,450
- Related: $0
- Other: $0
- Compensation: $41,850
- Related: $0
- Other: $0
- Compensation: $39,500
- Related: $1,800
- Other: $0
- Compensation: $39,500
- Related: $0
- Other: $0
- Compensation: $38,150
- Related: $1,350
- Other: $0
- Compensation: $37,250
- Related: $1,350
- Other: $0
- Compensation: $38,600
- Related: $0
- Other: $0
- Compensation: $24,850
- Related: $0
- Other: $0
- Compensation: $24,400
- Related: $400
- Other: $0
- Compensation: $7,800
- Related: $450
- Other: $0
Official website here: www.caec.coop
Where can I find the form 990 for Central Alabama Electric Cooperative?
Central Alabama Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caec.coop
Learn more at the official website: www.caec.coop
Mission Statement of Central Alabama Electric Cooperative
Central Alabama Electric Cooperative, or CAEC, is a dedicated organization that strives to provide essential utility services to its cooperative members. Established with a clear mission, CAEC works tirelessly to ensure that electricity reaches approximately 35,818 households in the community.
The cooperative's primary goal is to deliver electricity services, a crucial necessity in modern life. CAEC's unwavering commitment to its members underpins its daily operations. By providing utility service, the cooperative plays a vital role in enhancing the quality of life for the families and communities it serves. Furthermore, it ensures that the power needs of its members are met reliably and efficiently.
CAEC is more than just a utility provider; it is a responsible and dedicated partner to its members. Its unwavering dedication to its mission is evident in its consistent efforts to meet the electricity needs of its cooperative members. The organization takes pride in its ability to maintain a strong and resilient power infrastructure, enabling it to respond effectively to any challenges that may arise and ensure a stable electricity supply for all.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Central Alabama Electric Cooperative plays a crucial role in delivering essential electric utility services to approximately 35,818 cooperative members in Prattville, Alabama. By providing reliable electricity, the cooperative enhances the quality of life for residents and supports local economic development. Its mission to serve cooperative members ensures that the community has access to vital energy resources, fostering a sustainable environment for growth and innovation. The cooperative’s focus on public benefit reinforces its commitment to the welfare of the community, making a positive impact on daily living and contributing to the overall advancement of the region.
This information is meant to be a general summary of Central Alabama 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: $57,220
- Program Service Revenue: $105,980,445
- Gross Receipts: $115,611,869
Assets and Liabilities:
- Total Assets: $384,116,824
- Total Liabilities: $262,273,483
- Net Assets: $121,843,341
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$104,898,140
POLE ATTACHMENTS
Revenue
$1,082,305
Organization Details
Phone
(334) 365-6762Principal Officer
Thomas Stackhouse
Main Address
103 JESSE SAMUEL HUNT BLVD, PRATTVILLE, AL, 36066
Website
www.caec.coopNTEE Category
Code: W80 - Public benefit
If you are a representative of Central Alabama Electric Cooperative 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.