Overview
What is Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc, based in Artesia, New Mexico, is a member-focused nonprofit organization dedicated to providing electric energy to rural areas at cost on a cooperative basis. With 93 employees, they allocate patronage capital to offer electric services to 15,231 active accounts. Their mission goes beyond just energy provision, striving for personalized quality service and contributing to the economic vitality of their community.
Official website here: www.cvecoop.org
What are the reviews and ratings of this charity?
Central Valley Electric Cooperative Inc is not currently rated by Charity Navigator. This is due to its status as an organization not registered as a 501(c)(3) nonprofit, making it ineligible for evaluation under Charity Navigator's criteria, which include the Accountability & Finance and Impact & Measurement methodologies. The absence of a rating does not imply any particular quality, positive or negative, about the organization.
The organization's historical performance has mainly been considered under the Accountability & Finance category, but a lack of comprehensive data regarding revenue, expenses, and salary limits any in-depth analysis. Moreover, the cooperative cannot be evaluated in terms of Leadership & Adaptability or Culture & Community, as these also require a 501(c)(3) status under Charity Navigator guidelines.
No user reviews are available for Central Valley Electric Cooperative Inc on GreatNonprofits. This means there is no public feedback recorded on this platform to provide further insights into the organization's impact or stakeholder satisfaction.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Central Valley Electric Cooperative Inc?
92% of reviewers recommend Central Valley Electric Cooperative Inc based on their experiences. Here’s a summary of the insights shared:
Many users appreciate the cooperative's strong community involvement, highlighting its commitment to serving local needs through volunteer efforts and community projects. The dedication of the employees and their initiative in promoting energy efficiency is also noted, reinforcing a positive impact on future generations.
Overall, it appears that the cooperative is well-regarded for its proactive approach to community engagement and education, with supporters expressing satisfaction with the services provided and the values upheld by the organization.
This AI summary has been generated from reviews found on Facebook.
Is Central Valley Electric Cooperative Inc legitimate?
Central Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Valley 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: $970,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,440,940
For more financial information, click here
Official website here: www.cvecoop.org
What is the mission statement of Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc is a member-focused electric cooperative, dedicated to delivering personalized quality service to its rural community members. The cooperative's primary mission is to provide electric energy on a cooperative basis, with a commitment to allocating patronage capital. At the end of the year, there were 15,231 active services being provided by the cooperative. The cooperative is dedicated to ensuring the economic vitality of its community by offering electric energy in a cooperative manner. It prioritizes the needs of its members, aiming to build a strong and sustainable energy infrastructure for its rural community.
Official website here: www.cvecoop.org
Who is the CEO of Central Valley Electric Cooperative Inc?
Charles Pinson is the President of Central Valley Electric Cooperative Inc.
Official website here: www.cvecoop.org
What is the revenue of Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc's revenue in 2022 was $89,450,287.
Official website here: www.cvecoop.org
Who are the executives of Central Valley Electric Cooperative Inc and what are their salaries?
The average compensation at Central Valley Electric Cooperative Inc during 2022 was $58,184. There are 93 employees at Central Valley Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Compensation: $30,703
- Related: $0
- Other: $0
- Compensation: $30,432
- Related: $0
- Other: $0
- Compensation: $30,331
- Related: $0
- Other: $0
- Compensation: $30,062
- Related: $0
- Other: $0
- Compensation: $30,167
- Related: $0
- Other: $0
- Compensation: $24,659
- Related: $0
- Other: $0
- Compensation: $31,651
- Related: $0
- Other: $0
- Compensation: $245,203
- Related: $0
- Other: $211,146
- Compensation: $167,707
- Related: $0
- Other: $138,151
- Compensation: $144,548
- Related: $0
- Other: $61,634
- Compensation: $138,390
- Related: $0
- Other: $81,967
- Compensation: $117,668
- Related: $0
- Other: $87,102
- Compensation: $114,285
- Related: $0
- Other: $45,020
- Compensation: $114,375
- Related: $0
- Other: $77,868
Official website here: www.cvecoop.org
Where can I find the form 990 for Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvecoop.org
Learn more at the official website: www.cvecoop.org
Mission Statement of Central Valley Electric Cooperative Inc
Central Valley Electric Cooperative Inc, a member-focused electric cooperative, is dedicated to delivering personalized quality service to its members. This cooperative is committed to providing electric energy to rural communities on a cooperative basis. The allocation of patronage capital is a crucial aspect of Central Valley Electric's operations, allowing it to meet the power needs of its members effectively.
Central Valley Electric's mission goes beyond just supplying electricity. It is a community-oriented organization that prioritizes the economic vitality of the area it serves. The cooperative's emphasis on personalized service ensures that each member receives the attention and care they deserve. With 15,231 active services at year end, Central Valley Electric has a significant impact on the lives of its members, keeping them connected and powered.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Central Valley Electric Cooperative Inc plays a crucial role in enhancing the quality of life in rural areas by providing reliable electric energy at cost to its members. With 15,231 active services, it ensures that communities in and around Artesia, NM have access to essential energy resources, fostering local development and economic vitality. The cooperative model promotes collaboration and engagement among members, allowing for the allocation of patronage capital that benefits the community directly. By focusing on personalized quality service, Central Valley Electric strengthens the ties within the community, supporting both residential and business needs and contributing to sustainable growth.
This information is meant to be a general summary of Central Valley 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: $135,064
- Program Service Revenue: $89,284,619
- Gross Receipts: $89,450,287
Assets and Liabilities:
- Total Assets: $225,823,114
- Total Liabilities: $103,972,513
- Net Assets: $121,850,601
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$89,003,991
PATRONAGE DIVIDENDS
Revenue
$258,608
SERVICE FEES
Revenue
$15,540
OTHER PROGRAM REVENUE
Revenue
$6,480
Organization Details
Founding Year
1937
Phone
(575) 746-3571Principal Officer
Charles Pinson
Main Address
PO BOX 230, ARTESIA, NM, 88211
Website
www.cvecoop.orgNTEE Category
Code: W80 - Public benefit
If you are a representative of Central Valley Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.