Cullman Electric Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630052772 ✦ Cullman, AL ✦ Designated as a 501(c)(12)

Overview

What is Cullman Electric Cooperative?

Cullman Electric Cooperative is a nonprofit organization based in Cullman, Alabama. Their primary mission is to provide electric services to the community, with a commitment to reliability and efficiency. They serve members in four North Alabama counties and uphold values of accountability and commitment. The cooperative employs a total of 132 individuals to fulfill this essential role.


Official website here: www.cullmanec.com

Is Cullman Electric Cooperative legitimate?

Cullman Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cullman 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $857,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cullmanec.com

What is the mission statement of Cullman Electric Cooperative?

Cullman Electric Cooperative is dedicated to delivering electric services to its members, upholding the values of commitment, accountability, reliability, and efficiency in the process. The cooperative's primary mission is to ensure access to consistent and dependable electricity for the community it serves. By prioritizing these values, Cullman Electric Cooperative aims to exceed its members' expectations and build strong relationships based on trust. Additionally, the organization may offer related services to enhance the overall energy experience for its members.


Official website here: www.cullmanec.com

Who is the CEO of Cullman Electric Cooperative?

Tim Culpepper is the Chairperson of Cullman Electric Cooperative. The CEO's salary of Cullman Electric Cooperative is $292,216 and their total compensation is $396,073.


Official website here: www.cullmanec.com

What is the revenue of Cullman Electric Cooperative?

Cullman Electric Cooperative's revenue in 2023 was $145,062,218.


Official website here: www.cullmanec.com

Who are the executives of Cullman Electric Cooperative and what are their salaries?

The average compensation at Cullman Electric Cooperative during 2023 was $6,495. There are 132 employees at Cullman Electric Cooperative.

Here are 16 key members and their salaries (Cullman Electric Cooperative's CEO's salary is $292,216 and their total compensation is $396,073):

    Tim Culpepper (Ceo)
  • Compensation: $292,216
  • Related: $0
  • Other: $103,857

    • Jerry Weathersby (Cfo)
  • Compensation: $208,295
  • Related: $0
  • Other: $65,664

    • Wade Yarbrough (Manager Of Operations)
  • Compensation: $150,228
  • Related: $0
  • Other: $116,265

    • Daniel Stricklin (Manager Of Information Ser)
  • Compensation: $154,422
  • Related: $0
  • Other: $66,665

    • Justin Lee (Manager Of Engineering And)
  • Compensation: $164,071
  • Related: $0
  • Other: $32,977

    • Terry Graham (Manager Of Energy Services)
  • Compensation: $141,819
  • Related: $0
  • Other: $51,466

    • Mark Freeman (Manager Of Network Operations)
  • Compensation: $138,016
  • Related: $0
  • Other: $30,901

    • Robert Tidwell (Chairperson) [Trustee/Director]
  • Compensation: $21,820
  • Related: $0
  • Other: $0

    • James Fields (Vice Chairperson) [Trustee/Director]
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • Chad Alexander (Treasurer) [Trustee/Director]
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • Lynda Carter (Secretary) [Trustee/Director]
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • Sheila Sizemore (Trustee)
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • Daryl Calvert (Trustee)
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • Phillip Garrison (Trustee)
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • Lisa Weeks (Trustee)
  • Compensation: $20,680
  • Related: $0
  • Other: $0

    • David Hembree (Trustee)
  • Compensation: $20,680
  • Related: $0
  • Other: $0


  • Official website here: www.cullmanec.com

    Where can I find the form 990 for Cullman Electric Cooperative?

    The Cullman Electric Cooperative’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cullmanec.com

    Learn more at the official website: www.cullmanec.com

    Mission Statement of Cullman Electric Cooperative

    Cullman Electric Cooperative, a dedicated organization, is committed to delivering electric services to its members spread across four North Alabama counties. Adhering to the values of commitment, accountability, reliability, and efficiency, this cooperative strives to ensure a consistent power supply to its clientele.

    In pursuit of its mission, Cullman Electric Cooperative focuses on providing not just electricity but also related services to its members. The organization's unwavering commitment to its members is reflected in its day-to-day operations. Working diligently behind the scenes, the cooperative ensures a reliable and efficient electricity supply, thereby contributing significantly to the daily lives of its customers.

    Cullman Electric Cooperative is more than just a power provider; it is a trusted partner that prioritizes the needs of its members. By upholding its core values, the cooperative aims to foster a strong bond with its community, ensuring a collaborative and supportive relationship that benefits both parties. In practice, this means responding promptly to service calls, maintaining transparent communication, and delivering on its promises.

    Serving its members with unwavering commitment and reliability, Cullman Electric Cooperative plays a vital role in North Alabama. By providing essential electric services, the cooperative empowers its community, enabling its members to thrive and prosper in their daily lives.

    Impact

    This information is meant to be a general summary of Cullman Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cullman Electric Cooperative's impact lies in providing essential electric service to its members in four North Alabama counties. Through its mission of ensuring reliable and efficient electricity access, the cooperative plays a vital role in powering homes and businesses, contributing to economic development, and enhancing the quality of life for the communities it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $604,175
  • Program Service Revenue: $140,022,507
  • Gross Receipts: $145,062,218

    • Assets and Liabilities:
  • Total Assets: $276,811,469
  • Total Liabilities: $143,835,702
  • Net Assets: $132,975,767
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Service Revenue

    Revenue

    $133,750,578

    Broadband

    Revenue

    $5,088,461

    Billing Collection

    Revenue

    $1,183,468

    Organization Details

    Founding Year

    1936

    Principal Officer

    Tim Culpepper

    Main Address

    PO Box 1168, Cullman, AL, 350561168

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Cullman 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.