Overview
What is Continental Divide Electric Cooperative Inc?
Continental Divide Electric Cooperative Inc, based in Grants, New Mexico, is a nonprofit organization dedicated to delivering quality and reliable electric service to its cooperative members. With approximately 23,579 active services at year end, they allocate patronage capital to provide electric energy on a cooperative basis. Their mission goes beyond just energy, striving to enhance the daily lives of rural New Mexicans by offering superior energy services. The cooperative employs a team of 97 individuals to support their operations.
Official website here: www.cdec.coop
Is Continental Divide Electric Cooperative Inc legitimate?
Continental Divide Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Continental Divide 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $750,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,990,843
For more financial information, click here
What is the mission statement of Continental Divide Electric Cooperative Inc?
Continental Divide Electric Cooperative Inc is dedicated to delivering superior energy and telecommunication services that enrich the daily lives of rural New Mexican residents. Through a cooperative business model, the cooperative aims to provide reliable and quality electric service to its members. By allocating patronage capital, the cooperative is able to sustain its operations and serve a total of 23,579 active services at year end. The cooperative's commitment extends beyond energy, as it also offers telecommunications services to enhance the overall well-being of those it serves.
Official website here: www.cdec.coop
Who is the CEO of Continental Divide Electric Cooperative Inc?
Robert Castillo is the General Manager & Ceo of Continental Divide Electric Cooperative Inc. The CEO's salary of Continental Divide Electric Cooperative Inc is $402,834 and their total compensation is $272,596.
Official website here: www.cdec.coop
What is the revenue of Continental Divide Electric Cooperative Inc?
Continental Divide Electric Cooperative Inc's revenue in 2022 was $65,112,432.
Official website here: www.cdec.coop
Who are the executives of Continental Divide Electric Cooperative Inc and what are their salaries?
The average compensation at Continental Divide Electric Cooperative Inc during 2022 was $59,194. There are 97 employees at Continental Divide Electric Cooperative Inc.
Here are 16 key members and their salaries (Continental Divide Electric Cooperative Inc's CEO's salary is $402,834 and their total compensation is $272,596):
- Robert Castillo (General Manager & Ceo)
- Angela Evans (Operations Manager)
- Veronica Barela (Cfo)
- Lee Maestas (Engineering Manager)
- William Dixon (It Supervisor)
- Marty Duran (Line Superintendent)
- Keith Gottlieb (President) [Trustee/Director]
- Blanche Clawson (Trustee)
- Michael Chambers (Trustee)
- Joe Hoskins (Secretary/Treasurer) [Trustee/Director]
- Wes Malcolm (Trustee)
- Lloyd Ortega (Trustee)
- Claudio Romero (Vice President) [Trustee/Director]
- Alfred Saavedra (Trustee (April-Dec))
- Elmer Rodarte (Line Foreman)
- David Miller (Line Superintendent)
Official website here: www.cdec.coop
Where can I find the form 990 for Continental Divide Electric Cooperative Inc?
The Continental Divide Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cdec.coop
Learn more at the official website: www.cdec.coop
Mission Statement of Continental Divide Electric Cooperative Inc
Continental Divide Electric Cooperative Inc, a dedicated organization, strives to deliver superior electric and telecommunication services to the rural communities it serves. This cooperative's primary mission is to provide quality and reliable electric service to its members, setting the foundation for enhancing their daily lives. By operating on a cooperative basis and allocating patronage capital, Continental Divide Electric Cooperative Inc ensures the provision of essential energy services to its 23,579 active members at the end of the year.
Impact
This information is meant to be a general summary of Continental Divide Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Continental Divide Electric Cooperative Inc provides quality and reliable electric service to its members in the Grants, NM area. With a mission to provide superior energy and telecommunication services that enhance the daily lives of rural New Mexicans, the cooperative impacts the community by ensuring access to essential electricity services. As a public benefit organization, Continental Divide Electric Cooperative Inc plays a vital role in supporting the infrastructure and well-being of its member base, which had 23,579 active services at the end of the last reporting period.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$58,687,329
BROADBAND INTERNET REVENUE
Revenue
$5,222,804
SERVICE FEES
Revenue
$275,414
PATRONAGE DIVIDENDS
Revenue
$153,095
Organization Details
Founding Year
1945
Phone
(505) 285-6656
Principal Officer
Robert Castillo
Main Address
PO BOX 1087, GRANTS, NM, 870201087
Website
www.cdec.coop
NTEE Category
Code: W80 - Public benefit
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