Central Rural Electric Cooperative Inc

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

EIN: 730177775 ✦ Stillwater, OK ✦ Designated as a 501(c)(12)

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Overview

What is Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc is a passionate and innovative nonprofit organization in the energy sector. Based on the information provided, they are dedicated to delivering quality and reliable electric service to their members on a cooperative basis. Their team comprises pioneers, teamworkers, visionaries, and trailblazers, who fearlessly develop and implement groundbreaking ideas. The primary objective of Central Electric Cooperative is to inspire and bring positive change within the energy industry.


Official website here: www.mycentral.coop

What are the reviews and ratings of this charity?

Central Rural Electric Cooperative Inc is currently not rated by Charity Navigator. This lack of a rating stems from its classification; it does not meet the 501(c)(3) status required for such evaluation. As a result, key financial and operational metrics are not available, which means the organization isn't assessed under Charity Navigator's typical accountability or impact standards.

While the absence of a Charity Navigator rating doesn't suggest an inherently negative or positive stance, it does indicate that the organization operates in a capacity that doesn’t prioritize tax-deductible contributions. This makes it less aligned with the parameters set for many philanthropic evaluations.

There's currently no user feedback available from GreatNonprofits, which limits external input on the Cooperative's community impact or operational effectiveness. Consequently, without both financial data and user reviews, stakeholders may find it challenging to form a comprehensive evaluation of the organization's performance and community contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Central Rural Electric Cooperative Inc legitimate?

Central Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Rural 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: $869,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,184,969

For more financial information, click here


Official website here: www.mycentral.coop

What is the mission statement of Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc is dedicated to delivering quality and reliable electric service to its members on a cooperative basis. The team behind Central Electric comprises innovative individuals who are not afraid to bring ideas to life and inspire those around them. They are industry game changers, collaborators, risk takers, and dream weavers, who strive to make a difference in the energy sector. Their mission is to make a positive impact and leave a lasting legacy.


Official website here: www.mycentral.coop

Who is the CEO of Central Rural Electric Cooperative Inc?

Hunter Robinson is the Ceo of Central Rural Electric Cooperative Inc. The CEO's salary of Central Rural Electric Cooperative Inc is $256,169 and their total compensation is $533,734.


Official website here: www.mycentral.coop

What is the revenue of Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc's revenue in 2022 was $69,614,536.


Official website here: www.mycentral.coop

Who are the executives of Central Rural Electric Cooperative Inc and what are their salaries?


Here are 14 key members and their salaries (Central Rural Electric Cooperative Inc's CEO's salary is $256,169 and their total compensation is $533,734):


Carol Dvorak (Secretary/Treasurer)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Gary Mccune (Vice President)
  • Compensation: $24,500
  • Related: $0
  • Other: $0
James Wells (President)
  • Compensation: $23,750
  • Related: $0
  • Other: $0
Mark Pittman (Trustee)
  • Compensation: $22,750
  • Related: $0
  • Other: $0
Sid Sperry (Trustee)
  • Compensation: $22,000
  • Related: $0
  • Other: $0
John Greg Tytenciz (Trustee)
  • Compensation: $17,000
  • Related: $0
  • Other: $0
Bill Davis (Trustee)
  • Compensation: $11,000
  • Related: $0
  • Other: $0
Hunter Robinson (Ceo)
  • Compensation: $256,169
  • Related: $0
  • Other: $277,565
Sondra White (Vp Of Finance)
  • Compensation: $145,082
  • Related: $0
  • Other: $44,641
Mark Prather (President Of Fiber)
  • Compensation: $146,444
  • Related: $0
  • Other: $73,170
Clint Robinson (Line Foreman)
  • Compensation: $134,099
  • Related: $0
  • Other: $62,396
Yuvaraj Kondaswamy (System Engineer)
  • Compensation: $128,696
  • Related: $0
  • Other: $56,804
Lee Linsenmeyer (Lineman)
  • Compensation: $131,238
  • Related: $0
  • Other: $44,643
Michael Musil (Lineman)
  • Compensation: $117,719
  • Related: $0
  • Other: $47,136


Official website here: www.mycentral.coop

Where can I find the form 990 for Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mycentral.coop

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

Mission Statement of Central Rural Electric Cooperative Inc

Central Rural Electric Cooperative Inc, comprised of innovative and bold individuals, is dedicated to providing top-notch and dependable electric service to its members on a cooperative basis. This mission is rooted in a passion for bringing new ideas to life and inspiring the community. The team at Central Electric Cooperative is made up of game changers, collaborators, risk takers, and mountain movers who are determined to make a difference in the energy industry. They approach their work with a can-do attitude, unafraid to tackle challenges and turn dreams into reality.

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Impact




October, 2024

Central Rural Electric Cooperative Inc has a profound impact on its community by providing quality and reliable electric service to its members on a cooperative basis, ensuring that energy is accessible at cost. Based in Stillwater, Oklahoma, the cooperative embodies the spirit of innovation and collaboration in the energy sector. Its team comprises individuals who are not just industry professionals but also visionaries and risk-takers dedicated to reshaping the energy landscape.

By fostering an environment where ideas flourish, Central Electric Cooperative plays a pivotal role in empowering its members, thereby inspiring growth and community involvement. Their commitment extends beyond just providing electricity; it includes enhancing the quality of life for residents through reliability and sustainable practices. Central Rural Electric Cooperative Inc is a catalyst for change, driven by the mission to lead and inspire while ensuring that its members benefit from high-quality service and support.




This information is meant to be a general summary of Central Rural 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.

Revenue
$69,614,536 (2022)
Expenses
$72,568,227 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $290,587
  • Program Service Revenue: $65,539,757
  • Gross Receipts: $69,622,830

Assets and Liabilities:

  • Total Assets: $254,793,736
  • Total Liabilities: $170,411,661
  • Net Assets: $84,382,075

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Programs

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

SALES OF ELECTRICITY

Revenue

$63,106,021

PATRONAGE DIVIDENDS

Revenue

$2,219,250

SERVICE FEES & OTHER CHARGES

Revenue

$162,559

SOLAR & OTHER PROGRAM REVENUE

Revenue

$51,927

Organization Details

Founding Year

1938

Principal Officer

Hunter Robinson

Main Address

PO BOX 1809, STILLWATER, OK, 74076

NTEE Category

Code: W80 - Public benefit

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