Craighead Electric Cooperative Corp

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

EIN: 710039695 ✦ Jonesboro, AR ✦ Designated as a 501(c)(12)

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Overview

What is Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp is a nonprofit organization dedicated to providing electric power to rural areas. Based on the information provided, the corporation does not have a stated mission description, but its activity suggests that it focuses on ensuring access to electricity in less urbanized communities. The corporation's description mentions a limitation for unregistered users in viewing profiles, but this does not directly relate to the organization's mission or activities.


Official website here: www.craigheadelectric.coop

Is Craighead Electric Cooperative Corp legitimate?

Craighead Electric Cooperative Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Craighead Electric Cooperative Corp 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: $485,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,585,904

For more financial information, click here


Official website here: www.craigheadelectric.coop

What is the mission statement of Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp is dedicated to providing electric power to rural areas. Their mission is to ensure that remote communities have access to reliable and consistent electricity. By supplying power to these regions, they aim to improve the quality of life for residents and support local economies. The organization's efforts focus on extending electricity to underserved areas and maintaining infrastructure for efficient energy distribution. Through their commitment to providing essential electric services, Craighead Electric Cooperative Corp plays a crucial role in connecting rural communities to the larger power grid. Their work empowers families and businesses in these areas, enabling them to thrive and grow.


Official website here: www.craigheadelectric.coop

Who is the CEO of Craighead Electric Cooperative Corp?

Jeremiah Sloan is the Ceo of Craighead Electric Cooperative Corp. The CEO's salary of Craighead Electric Cooperative Corp is $232,819 and their total compensation is $260,634.


Official website here: www.craigheadelectric.coop

What is the revenue of Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp's revenue in 2022 was $80,274,486.


Official website here: www.craigheadelectric.coop

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

The average compensation at Craighead Electric Cooperative Corp during 2022 was $73,751. There are 123 employees at Craighead Electric Cooperative Corp.


Here are 12 key members and their salaries (Craighead Electric Cooperative Corp's CEO's salary is $232,819 and their total compensation is $260,634):


Jeremiah Sloan (Ceo)
  • Compensation: $260,917
  • Related: $0
  • Other: $85,842
Keith Blocker (Vp Engineeri)
  • Compensation: $200,513
  • Related: $0
  • Other: $67,459
Brian Duncan (Ceo)
  • Compensation: $232,819
  • Related: $0
  • Other: $27,815
Mark A Miller (Vp Of Operat)
  • Compensation: $157,944
  • Related: $0
  • Other: $61,097
Justin Etter (Vp Of Corp.)
  • Compensation: $142,909
  • Related: $0
  • Other: $54,567
Keith Mosbey (Director)
  • Compensation: $22,974
  • Related: $0
  • Other: $0
Terry Rorex (Director)
  • Compensation: $22,974
  • Related: $0
  • Other: $0
Steve Kueter (Director)
  • Compensation: $21,739
  • Related: $0
  • Other: $0
Bill Elliot Jr (Director)
  • Compensation: $21,555
  • Related: $0
  • Other: $0
Dwight England (Director)
  • Compensation: $20,275
  • Related: $0
  • Other: $0
Len Nall (Director)
  • Compensation: $14,843
  • Related: $0
  • Other: $0
Bobby Wade (Director)
  • Compensation: $14,316
  • Related: $0
  • Other: $0


Official website here: www.craigheadelectric.coop

Where can I find the form 990 for Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.craigheadelectric.coop

Learn more at the official website: www.craigheadelectric.coop

Mission Statement of Craighead Electric Cooperative Corp

Craighead Electric Cooperative Corp, a dedicated organization, is committed to delivering electric power to rural communities. With a focus on expanding access to electricity, this cooperative plays a vital role in bringing essential energy resources to those living in sparsely populated areas.

In simple terms, Craighead Electric Cooperative Corp's mission is to light up the lives of rural communities by providing them with a steady and reliable source of electric power. By doing so, the organization enhances the quality of life for individuals and families residing in these regions, enabling them to carry out their daily activities more efficiently and effectively.

As a pioneer in the energy sector, Craighead Electric Cooperative Corp goes beyond just providing electricity. They are dedicated to ensuring that the power they deliver reaches every home and business in their rural communities, promoting sustainable growth and prosperity. By focusing on their mission, they aim to create a brighter future for the people they serve, fostering progress and development in the rural areas they reach.

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Impact




October, 2024

Craighead Electric Cooperative Corp plays a vital role in delivering electric power to rural areas, significantly enhancing the quality of life for residents in those communities. By ensuring reliable access to electricity, the cooperative supports economic development, facilitates education, and improves healthcare services. Its operations contribute to a more sustainable energy framework in the region, enabling residents and businesses alike to thrive. Located in Jonesboro, Arkansas, Craighead Electric is dedicated to fostering public benefit and enhancing overall community well-being through its services.




This information is meant to be a general summary of Craighead Electric Cooperative Corp. 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.

Revenue
$80,274,486 (2022)
Expenses
$80,274,486 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,927,908
  • Program Service Revenue: $77,312,108
  • Gross Receipts: $80,274,486

Assets and Liabilities:

  • Total Assets: $321,117,191
  • Total Liabilities: $197,928,149
  • Net Assets: $123,189,042

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Programs

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

SALE OF ELECTRIC ENERGY

Revenue

$73,354,897

RENTAL - OFFICE SPACE

Revenue

$3,262,678

RENTAL - EQUIPMENT

Revenue

$665,437

CERTAIN PROPERTY

Revenue

$19,115

MERCHANDISING

Revenue

$9,981

Organization Details

Founding Year

1937

Principal Officer

Jeremiah Sloan

Main Address

PO BOX 7503, JONESBORO, AR, 72403

NTEE Category

Code: W80 - Public benefit

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