Overview
What is Cimarron Electric Cooperative Inc?
Cimarron Electric Cooperative Inc is a nonprofit organization headquartered in Kingfisher, Oklahoma. With a team of 55 dedicated employees, they provide electric power to rural areas in a cooperative manner. Their mission is to offer reliable services at reasonable rates and improve the quality of life for their members. They allocate patronage capital to ensure electric energy is accessible on a cooperative basis, serving 18,838 active members at year end.
Official website here: www.cimarronelectric.com
Is Cimarron Electric Cooperative Inc legitimate?
Cimarron Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cimarron 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: $1,595,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,585,444
For more financial information, click here
Official website here: www.cimarronelectric.com
What is the mission statement of Cimarron Electric Cooperative Inc?
Cimarron Electric Cooperative Inc is committed to delivering electric power to rural communities on a cooperative basis. The cooperative's mission is to provide reliable services to meet the needs of its members at reasonable rates. It aims to enhance the quality of life of its members by allocating patronage capital for the provision of electric energy. At the end of the year, there were 18,838 active services being provided by the cooperative.
Official website here: www.cimarronelectric.com
Who is the CEO of Cimarron Electric Cooperative Inc?
Aaron Roark is the Ceo of Cimarron Electric Cooperative Inc. The CEO's salary of Cimarron Electric Cooperative Inc is $121,936 and their total compensation is $148,580.
Official website here: www.cimarronelectric.com
What is the revenue of Cimarron Electric Cooperative Inc?
Cimarron Electric Cooperative Inc's revenue in 2022 was $85,946,954.
Official website here: www.cimarronelectric.com
Who are the executives of Cimarron Electric Cooperative Inc and what are their salaries?
The average compensation at Cimarron Electric Cooperative Inc during 2022 was $76,012. There are 55 employees at Cimarron Electric Cooperative Inc.
Here are 20 key members and their salaries (Cimarron Electric Cooperative Inc's CEO's salary is $121,936 and their total compensation is $148,580):
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $18,350
- Related: $0
- Other: $0
- Compensation: $21,500
- Related: $0
- Other: $0
- Compensation: $18,350
- Related: $0
- Other: $0
- Compensation: $20,450
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $10,050
- Related: $0
- Other: $0
- Compensation: $18,350
- Related: $0
- Other: $0
- Compensation: $18,350
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $285,410
- Related: $0
- Other: $70,198
- Compensation: $121,936
- Related: $0
- Other: $26,644
- Compensation: $140,939
- Related: $0
- Other: $48,491
- Compensation: $409,650
- Related: $0
- Other: $31,380
- Compensation: $227,943
- Related: $0
- Other: $65,231
- Compensation: $132,822
- Related: $0
- Other: $46,139
- Compensation: $141,551
- Related: $0
- Other: $51,672
- Compensation: $156,368
- Related: $0
- Other: $37,422
- Compensation: $120,410
- Related: $0
- Other: $43,934
- Compensation: $120,412
- Related: $0
- Other: $37,316
Official website here: www.cimarronelectric.com
Where can I find the form 990 for Cimarron Electric Cooperative Inc?
Cimarron Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cimarronelectric.com
Learn more at the official website: www.cimarronelectric.com
Mission Statement of Cimarron Electric Cooperative Inc
Cimarron Electric Cooperative Inc, a cooperative entity, is dedicated to providing electric power to rural communities at affordable rates. In line with its mission, the cooperative aims to deliver dependable services that address the needs of its members. Beyond electricity, it strives to contribute to enhancing the overall quality of life for its members. Through cooperative principles, Cimarron Electric Cooperative Inc distributes patronage capital to its members. At the end of the year, there were 18,838 active services under its purview.
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Impact
October, 2024
Cimarron Electric Cooperative Inc significantly impacts its community by providing reliable electric power to rural areas, ensuring that members have access to essential energy services. With 18,838 active services, the cooperative prioritizes meeting the needs of its members at cost-effective rates, promoting economic stability and quality of life in the region. Through the allocation of patronage capital, members benefit directly from their participation in the cooperative, reinforcing a sense of community and mutual support. By focusing on reliability and affordability, Cimarron Electric Cooperative plays a vital role in the everyday lives of its members, supporting both individual households and wider community development.
This information is meant to be a general summary of Cimarron 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $73,682
- Program Service Revenue: $85,546,665
- Gross Receipts: $86,125,180
Assets and Liabilities:
- Total Assets: $177,760,521
- Total Liabilities: $102,252,982
- Net Assets: $75,507,539
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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
$83,749,799
PATRONAGE DIVIDENDS
Revenue
$1,688,835
SERVICE FEES
Revenue
$108,031
Organization Details
Founding Year
1936
Phone
(405) 375-4121Principal Officer
Aaron Roark
Main Address
PO BOX 299, KINGFISHER, OK, 73750
Website
www.cimarronelectric.comNTEE Category
Code: W80 - Public benefit
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