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Colorado Electric Educational Institute

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

EIN: 841255015 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Electric Educational Institute?

The Colorado Electric Educational Institute is a nonprofit organization based in Denver, Colorado, with an address at 5400 WASHINGTON STREET. Its primary purpose is to serve Colorado's rural electric cooperatives through educational programs. The institute offers a youth camp and tour, aimed at enhancing understanding of cooperatives, government functions, and leadership skills. Additionally, it sponsors various educational courses and programs. As a nonprofit education fund, the Colorado Electric Educational Institute seeks to benefit its rural electric cooperative community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67% (Two-Star out of Four Stars)

The Colorado Electric Educational Institute has received a 67% rating from Charity Navigator, indicating a Two-Star rating primarily based on its Accountability & Finance score. This score reflects a strong commitment to financial stewardship, with the organization demonstrating impressive metrics such as a 99.02% program expense ratio and no material diversion of assets. The presence of an entirely independent board further enhances its accountability.

Strengths of the organization include a solid structure with 100% independent board members and appropriate documentation of board meeting minutes, which supports transparency and sound governance practices. Additionally, their low liabilities to assets ratio of 6.72% suggests a stable financial position, allowing the nonprofit to effectively allocate resources towards its educational initiatives.

However, despite these strengths, the overall score is moderate, which may suggest areas for improvement in other aspects of the organization’s operations or impact. Stakeholders may want to explore further details on program outcomes to gain a fuller picture of the effectiveness of the nonprofit's activities in the community.


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

Is Colorado Electric Educational Institute legitimate?

Colorado Electric Educational Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Electric Educational Institute 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 Colorado Electric Educational Institute?

The Colorado Electric Educational Institute serves as a nonprofit educational fund, primarily benefiting rural electric cooperatives in Colorado. Its mission is to provide educational programs that enhance understanding of cooperatives and government operations, while simultaneously nurturing leadership skills. In addition to its youth camp and tour, the institute sponsors various educational courses and initiatives to further its objectives.

Who is the CEO of Colorado Electric Educational Institute?

Kent Singer is the Director of Colorado Electric Educational Institute.

What is the revenue of Colorado Electric Educational Institute?

Colorado Electric Educational Institute's revenue in 2023 was $692,650.

Who are the executives of Colorado Electric Educational Institute and what are their salaries?


Here are 8 key members and their salaries:


Paris Daugherty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gardner (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Martin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kohler Mcinnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Michalewicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Singer (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Valdez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Colorado Electric Educational Institute?

Colorado Electric Educational Institute's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Colorado Electric Educational Institute

The Colorado Electric Educational Institute serves as a nonprofit educational fund, dedicated to benefiting Colorado's rural electric cooperatives. Its mission is centered around providing educational opportunities and fostering leadership skills among its beneficiaries. The Institute accomplishes this through various programs, including a youth camp and a youth tour. These initiatives aim to enhance understanding of cooperatives and the government, and to cultivate leadership abilities. Beyond these core programs, the Institute also sponsors additional educational courses and initiatives. In essence, the Colorado Electric Educational Institute is committed to enriching the knowledge and capabilities of Colorado's rural electric cooperatives through its diverse range of educational offerings.

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Impact




July, 2024

Colorado Electric Educational Institute's impact can be seen through its educational programs that benefit Colorado rural electric cooperatives. The institute offers a youth camp and youth tour to enhance understanding of cooperatives and government, as well as to cultivate leadership skills. Additionally, it sponsors various educational courses and programs to further knowledge and skill development in this field. Located in Denver, Colorado, the institute plays a crucial role in empowering individuals within the rural electric cooperative sector and nurturing future leaders in the industry.




This information is meant to be a general summary of Colorado Electric Educational Institute. 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
$692,650 (2023)
Expenses
$558,988 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $354
  • Program Service Revenue: $606,276
  • Gross Receipts: $692,650

Assets and Liabilities:

  • Total Assets: $314,122
  • Total Liabilities: $21,136
  • Net Assets: $292,986

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Programs

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

PROGRAM FEES

Revenue

$606,276

Organization Details

Founding Year

1993

Principal Officer

Kent Singer

Main Address

5400 WASHINGTON STREET, DENVER, CO, 80216

NTEE Category

Code: A20Z - Arts

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