Overview
What is Central Electric Cooperative Inc?
Central Electric Cooperative Inc, a nonprofit organization, is dedicated to providing electric power to rural communities at the most affordable price, ensuring sound economics and effective management. Their mission is to make electric energy accessible to their members in a cost-conscious and well-managed manner. Although specific details about their programs and initiatives are not mentioned in the information array, it can be inferred that they prioritize the distribution of electricity to their members while maintaining a sustainable business approach.
Official website here: www.cec.coop
What are the reviews and ratings of this charity?
Central Electric Cooperative Inc does not have a current rating from Charity Navigator. This lack of rating is due to the organization's status as a non-501(c)(3) entity, which excludes it from the traditional evaluation criteria used by Charity Navigator. Therefore, no accountability, finance, or impact measurement beacons are available to score its performance.
The absence of both revenue-expense data and key person salary information further complicates the ability to assess this cooperative's operational transparency and financial health. However, this lack of information does not necessarily imply any negative or positive performance; it simply shows that the organization has not been evaluated under Charity Navigator’s system.
As Central Electric Cooperative Inc is not a typical nonprofit covered by Charity Navigator, it remains unaudited for intricacies like Leadership & Adaptability and Culture & Community metrics, which were recently added to broaden the scope of evaluations. Furthermore, there are no available user reviews on GreatNonprofits to provide additional context or insight into the cooperative's operations from a community perspective.
This AI summary has been generated from information found on Charity Navigator.
Is Central Electric Cooperative Inc legitimate?
Central Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central 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: $2,296,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cec.coop
What is the mission statement of Central Electric Cooperative Inc?
Central Electric Cooperative Inc is dedicated to making electric energy accessible to its members at the most affordable price, ensuring sound economic practices and good management. The cooperative prioritizes the provision of electricity to rural communities, working to keep costs low while maintaining efficient operations. By focusing on economical energy distribution, Central Electric Cooperative aims to bring the benefits of electric power to its members, enhancing their quality of life.
Official website here: www.cec.coop
Who is the CEO of Central Electric Cooperative Inc?
Brad Wilson is the President/Ceo of Central Electric Cooperative Inc. The CEO's salary of Central Electric Cooperative Inc is $785,813 and their total compensation is $1,555,542.
Official website here: www.cec.coop
What is the revenue of Central Electric Cooperative Inc?
Central Electric Cooperative Inc's revenue in 2022 was $71,137,265.
Official website here: www.cec.coop
Who are the executives of Central Electric Cooperative Inc and what are their salaries?
The average compensation at Central Electric Cooperative Inc during 2022 was $25,521. There are 90 employees at Central Electric Cooperative Inc.
Here are 17 key members and their salaries (Central Electric Cooperative Inc's CEO's salary is $785,813 and their total compensation is $1,555,542):
- Compensation: $785,813
- Related: $55,456
- Other: $714,273
- Compensation: $218,178
- Related: $0
- Other: $167,155
- Compensation: $187,241
- Related: $0
- Other: $129,891
- Compensation: $214,895
- Related: $0
- Other: $92,180
- Compensation: $243,742
- Related: $14,615
- Other: $40,826
- Compensation: $176,942
- Related: $0
- Other: $121,060
- Compensation: $198,810
- Related: $0
- Other: $88,051
- Compensation: $198,171
- Related: $0
- Other: $85,526
- Compensation: $27,437
- Related: $2,300
- Other: $26,973
- Compensation: $8,701
- Related: $2,100
- Other: $26,978
- Compensation: $4,534
- Related: $2,300
- Other: $29,718
- Compensation: $6,588
- Related: $2,300
- Other: $26,973
- Compensation: $1,755
- Related: $3,150
- Other: $25,117
- Compensation: $3,038
- Related: $1,900
- Other: $24,596
- Compensation: $7,301
- Related: $2,400
- Other: $15,933
- Compensation: $7,081
- Related: $2,300
- Other: $14,891
- Compensation: $0
- Related: $1,900
- Other: $11,878
Official website here: www.cec.coop
Where can I find the form 990 for Central Electric Cooperative Inc?
Central Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cec.coop
Learn more at the official website: www.cec.coop
Mission Statement of Central Electric Cooperative Inc
Central Electric Cooperative Inc, a dedicated organization, is committed to making electric energy accessible to its members at the most affordable price, without compromising sound economic principles and good management. The cooperative takes pride in distributing electricity to rural communities, prioritizing affordability and efficient business practices.
Central Electric Cooperative Inc's mission is geared towards ensuring its members have reliable and cost-effective electric energy. To accomplish this, the cooperative employs various programs that cater to the unique needs of rural electric customers. By focusing on economical operations and smart management strategies, Central Electric Cooperative Inc is able to offer its members electricity at the most reasonable rates.
In summary, Central Electric Cooperative Inc is an essential provider of electric energy to its rural members. Through its mission, the cooperative strives to make electricity affordable and accessible, while maintaining a strong commitment to sound economic practices and good management.
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 Electric Cooperative Inc plays a significant role in providing reliable and affordable electricity to rural communities in Redmond, Oregon. By focusing on delivering electric energy at the lowest possible cost while maintaining sound economic practices and effective management, the cooperative ensures that its members have access to essential power services. This commitment not only supports the local economy but also enhances the quality of life for residents by facilitating access to modern conveniences and technologies. Through its dedicated programs, Central Electric Cooperative Inc fosters community resilience and sustainability, contributing to the overall well-being of the region.
This information is meant to be a general summary of Central 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: $134,903
- Program Service Revenue: $70,131,913
- Gross Receipts: $71,137,265
Assets and Liabilities:
- Total Assets: $249,796,984
- Total Liabilities: $84,948,126
- Net Assets: $164,848,858
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.
Electric Related Sales
Revenue
$69,922,982
Pole Rental Agreement
Revenue
$208,931
Organization Details
Founding Year
1940
Phone
(541) 548-2144Principal Officer
Brad Wilson
Main Address
PO BOX 846, REDMOND, OR, 97756
Website
www.cec.coopNTEE Category
Code: W80 - Public benefit
If you are a representative of Central 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.