Overview
What is C & L Electric Cooperative Corporation?
C & L Electric Cooperative Corporation is a nonprofit organization located in Star City, Arkansas. With a mission to provide electricity to rural members, they serve a community of 14,981 individuals. Their operations include the purchase, distribution, and sale of electricity to these members, ensuring the maintenance of the distribution power lines within their service area. Employing 95 individuals, the cooperative is dedicated to delivering essential energy services to its members.
Official website here: www.clelectric.com
What are the reviews and ratings of this charity?
C & L Electric Cooperative Corporation is not currently rated by Charity Navigator due to its classification outside the 501(c)(3) category. This absence of rating should not imply any particular positive or negative standing, but rather, it suggests that there hasn't been an opportunity for evaluation under Charity Navigator's existing frameworks, which primarily focus on registered 501(c)(3) organizations.
The lack of a rating stems from ineligibility for Charity Navigator's main evaluation methodologies, such as Accountability & Finance or Impact & Measurement, all structured around IRS-registered nonprofits. Therefore, no financial data, including revenue and salary information, has been collected or analyzed by Charity Navigator. This highlights an area where information is limited for those seeking insight through this evaluative lens.
There are no user reviews on GreatNonprofits for C & L Electric Cooperative Corporation. This absence of firsthand feedback can make it challenging for potential donors or those interested in supporting the organization to gauge its community impact or operational effectiveness without further independent research.
This AI summary has been generated from information found on Charity Navigator.
Is C & L Electric Cooperative Corporation legitimate?
C & L Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. C & L Electric 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: $917,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,781,524
For more financial information, click here
Official website here: www.clelectric.com
What is the mission statement of C & L Electric Cooperative Corporation?
C & L Electric Cooperative Corporation focuses on providing electricity to rural community members and ensuring the upkeep of their distribution power lines. The corporation's primary goal is to deliver electricity to its members, ensuring a consistent and reliable power supply. By maintaining the distribution lines, C & L Electric Cooperative Corporation ensures that electricity reaches its members efficiently and safely. The organization serves a total of 14,981 members, with 22,499 services in place to cater to their needs.
Official website here: www.clelectric.com
Who is the CEO of C & L Electric Cooperative Corporation?
Gregory S Smith is the Principal Officer of C & L Electric Cooperative Corporation.
Official website here: www.clelectric.com
What is the revenue of C & L Electric Cooperative Corporation?
C & L Electric Cooperative Corporation's revenue in 2022 was $53,180,295.
Official website here: www.clelectric.com
Who are the executives of C & L Electric Cooperative Corporation and what are their salaries?
The average compensation at C & L Electric Cooperative Corporation during 2022 was $81,042. There are 95 employees at C & L Electric Cooperative Corporation.
Here are 15 key members and their salaries:
- Compensation: $227,329
- Related: $0
- Other: $88,106
- Compensation: $140,705
- Related: $0
- Other: $58,792
- Compensation: $147,155
- Related: $0
- Other: $46,478
- Compensation: $137,270
- Related: $0
- Other: $55,193
- Compensation: $128,802
- Related: $0
- Other: $58,315
- Compensation: $136,234
- Related: $0
- Other: $47,891
- Compensation: $45,234
- Related: $0
- Other: $0
- Compensation: $42,463
- Related: $0
- Other: $0
- Compensation: $41,934
- Related: $0
- Other: $0
- Compensation: $41,334
- Related: $0
- Other: $0
- Compensation: $40,284
- Related: $0
- Other: $0
- Compensation: $39,734
- Related: $0
- Other: $0
- Compensation: $39,716
- Related: $0
- Other: $0
- Compensation: $37,534
- Related: $0
- Other: $0
- Compensation: $34,234
- Related: $0
- Other: $0
Official website here: www.clelectric.com
Where can I find the form 990 for C & L Electric Cooperative Corporation?
C & L Electric Cooperative Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clelectric.com
Learn more at the official website: www.clelectric.com
Mission Statement of C & L Electric Cooperative Corporation
C & L Electric Cooperative Corporation, a key player in the rural electricity sector, is dedicated to providing sales of electricity to its cooperative members while ensuring the maintenance of the distribution power lines in their service area. The organization's primary objective is to serve the electricity needs of over 14,981 members through the sale and distribution of electricity. In turn, they manage and maintain the essential power lines that reach out to 22,499 services across their network.
C & L Electric Cooperative Corporation's mission is twofold: selling electricity and maintaining the distribution lines. The corporation prides itself on being an integral part of the rural communities it serves, delivering electricity that powers homes and businesses, thereby enhancing the overall quality of life. Simultaneously, they ensure the upkeep of the power lines to guarantee a consistent and reliable electricity supply to their members.
The collaboration between C & L Electric Cooperative Corporation and its rural members is a testament to their commitment to providing essential electricity services. Through this partnership, they are able to effectively manage the electrical demands of their communities while ensuring the necessary upkeep of their power lines. By prioritizing both the sale and maintenance of electricity, C & L Electric Cooperative Corporation aims to strengthen its connection to rural America and contribute to the growth and prosperity of the communities it serves.
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Impact
October, 2024
C & L Electric Cooperative Corporation significantly impacts its community by providing reliable electricity to rural members in the STAR CITY, AR area. Serving nearly 15,000 members and maintaining over 22,000 service connections, the cooperative focuses on efficient purchase, distribution, and sale of electricity. This ensures that residents have access to essential power services, which are critical for daily living, local businesses, and fostering economic growth. The organization also prioritizes the maintenance of distribution power lines, enhancing the reliability of electric services in its region. Through these efforts, C & L Electric Cooperative supports both individual households and the broader rural community, contributing to public benefit and quality of life.
This information is meant to be a general summary of C & L Electric 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 2022.
- Investment Income: $748,601
- Program Service Revenue: $52,221,578
- Gross Receipts: $53,192,814
Assets and Liabilities:
- Total Assets: $142,929,498
- Total Liabilities: $86,174,416
- Net Assets: $56,755,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Operating Revenue
Revenue
$51,510,051
Capital Credits
Revenue
$711,527
Organization Details
Founding Year
1938
Phone
(870) 628-4221Principal Officer
Gregory S Smith
Main Address
PO Box 9, Star City, AR, 716670009
Website
www.clelectric.comNTEE Category
Code: W80 - Public benefit
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