Cdec Ll Inc

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

EIN: 823954266 ✦ Grants, NM ✦ Designated as a 501(c)(2)

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Overview

What is Cdec Ll Inc?

Cdec Ll Inc is a nonprofit organization, specifically holding title to property, with the sole benefit of a Section 501(C)(12) tax-exempt electric cooperative. While the information provided is limited, it suggests that the organization is primarily involved in property management, serving the interests of this specific type of tax-exempt entity. The exact activities and services they offer beyond property management are not disclosed in the information given.

Is Cdec Ll Inc legitimate?

Cdec Ll Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cdec Ll 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cdec Ll Inc?

CDEC LL Inc's primary role is to serve as the title holder for property, solely benefiting a Section 501(C)(12) tax-exempt electric cooperative. While the provided information does not contain a formal mission statement, it implies that the organization's purpose is to support and maintain property holdings for the betterment of this specific type of cooperative, which primarily focuses on providing electricity services.

Who is the CEO of Cdec Ll Inc?

Keith Gottlieb is the President of Cdec Ll Inc.

What is the revenue of Cdec Ll Inc?

Cdec Ll Inc's revenue in 2022 was $104,951.

Who are the executives of Cdec Ll Inc and what are their salaries?


Here are 5 key members and their salaries:


Keith Gottlieb (President)
  • Compensation: $0
  • Related: $23,775
  • Other: $0
Gwyn Hoskins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Albert (Secretary)
  • Compensation: $0
  • Related: $108,457
  • Other: $2,388
William Dixon (Director)
  • Compensation: $0
  • Related: $150,331
  • Other: $7,095
Claudio Romero (Director)
  • Compensation: $0
  • Related: $7,780
  • Other: $0
Where can I find the form 990 for Cdec Ll Inc?

Cdec Ll Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cdec Ll Inc

CDEC LL Inc, as a nonprofit organization, is dedicated to serving a specific purpose. Its primary mission is to hold title to property, solely for the benefit of a Section 501(C)(12) tax-exempt electric cooperative. This means that CDEC LL Inc operates with the objective of managing and owning property, with the intent of aiding and supporting the operations of this particular tax-exempt electric cooperative. While the details of this cooperative's activities and goals are not provided in the information, it can be inferred that CDEC LL Inc plays a crucial role in providing the necessary infrastructure and resources for the electric cooperative to function effectively. By managing property on its behalf, CDEC LL Inc contributes to the overall mission of the electric cooperative, ultimately promoting access to electricity and other related services to its community.

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Impact




October, 2024

Cdec Ll Inc plays a significant role in supporting community development through its dedicated mission of holding title to property for the benefit of a Section 501(c)(12) tax-exempt electric cooperative. By managing property interests, Cdec Ll Inc ensures that critical assets are available for the cooperative's operations, enhancing the provision of electric services to the local community in Grants, NM.

The organization's focus contributes to improving infrastructure and access to reliable electricity, which is vital for local residents and businesses. This, in turn, supports overall community improvement initiatives, fostering economic growth and stability. Cdec Ll Inc's efforts enable the cooperative to function effectively, promoting a sustainable energy framework that benefits all members of the community it serves.




This information is meant to be a general summary of Cdec Ll 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
$104,951 (2022)
Expenses
$104,951 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $104,951
  • Gross Receipts: $104,951

Assets and Liabilities:

  • Total Assets: $10,495,050
  • Total Liabilities: $0
  • Net Assets: $10,495,050

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Organization Details

Founding Year

2017

Principal Officer

Keith Gottlieb

Main Address

1821 CLIF LEAR AVE, GRANTS, NM, 87020

NTEE Category

Code: S47 - Community improvement

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