Claverack Rural Electric Cooperative

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

EIN: 240548304 ✦ Wysox, PA ✦ Designated as a 501(c)(12)

Overview

What is Claverack Rural Electric Cooperative?

Claverack Rural Electric Cooperative is a Pennsylvania-based nonprofit organization dedicated to providing electric service to rural communities. With a cooperative ownership structure, they ensure reliable electricity to their member-owners, fostering a strong sense of community. Their mission and activity revolve around delivering essential electrical services to residents in rural Pennsylvania, enhancing their quality of life.


Official website here: www.claverack.com

Is Claverack Rural Electric Cooperative legitimate?

Claverack Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Claverack Rural Electric Cooperative 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: $908,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.claverack.com

What is the mission statement of Claverack Rural Electric Cooperative?

Claverack Rural Electric Cooperative is dedicated to providing electrical service to residents in rural areas of Pennsylvania. Through the cooperative ownership model, they aim to deliver electricity to their member-owners in a reliable and efficient manner. Their mission is centered around ensuring that electricity reaches those living in rural communities, enhancing their quality of life and supporting their daily needs. By providing this essential service, Claverack Rural Electric Cooperative plays a vital role in powering the homes and businesses of its members.


Official website here: www.claverack.com

Who is the CEO of Claverack Rural Electric Cooperative?

Steven Allabaugh is the Director of Claverack Rural Electric Cooperative. The CEO's salary of Claverack Rural Electric Cooperative is $236,907 and their total compensation is $322,398.


Official website here: www.claverack.com

What is the revenue of Claverack Rural Electric Cooperative?

Claverack Rural Electric Cooperative's revenue in 2022 was $25,825,305.


Official website here: www.claverack.com

Who are the executives of Claverack Rural Electric Cooperative and what are their salaries?

Here are 17 key members and their salaries (Claverack Rural Electric Cooperative's CEO's salary is $236,907 and their total compensation is $322,398):

    Steven Allabaugh (President And Ceo)
  • Compensation: $236,907
  • Related: $0
  • Other: $85,491

    • Nicholas Berger (Senior Dir. Of Engineering And Oper.)
  • Compensation: $178,802
  • Related: $0
  • Other: $75,125

    • Leonard Fowler (Journeyman Lineman)
  • Compensation: $159,463
  • Related: $0
  • Other: $59,614

    • Richard Herman (Crew Chief)
  • Compensation: $156,286
  • Related: $0
  • Other: $55,477

    • Jeremiah Lund (Journeyman Lineman)
  • Compensation: $153,256
  • Related: $0
  • Other: $54,526

    • John Camburn (Manager Of Field Operation)
  • Compensation: $156,413
  • Related: $0
  • Other: $33,692

    • Shelley R Young (Chief Financial Officer)
  • Compensation: $138,862
  • Related: $0
  • Other: $48,574

    • Austin Kriner (Journeyman Lineman)
  • Compensation: $146,168
  • Related: $0
  • Other: $37,157

    • Robert R Faux (Director - Chairman)
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Timothy T Tewksbury (Director - Vice Secretary/Treas)
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Danise C Fairchild (Director Secretary/Treasurer)
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Charles R Bullock (Director)
  • Compensation: $16,600
  • Related: $0
  • Other: $0

    • Charles Mcnamara (Director)
  • Compensation: $15,800
  • Related: $0
  • Other: $0

    • Gary L Hennip (Director)
  • Compensation: $15,600
  • Related: $0
  • Other: $0

    • Robert W Fearnley (Director)
  • Compensation: $15,200
  • Related: $0
  • Other: $0

    • Anthony J Ventello (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Angela S Joines (Director - Vice Chair)
  • Compensation: $14,600
  • Related: $0
  • Other: $0


  • Official website here: www.claverack.com

    Where can I find the form 990 for Claverack Rural Electric Cooperative?

    The Claverack Rural Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.claverack.com

    Learn more at the official website: www.claverack.com

    Mission Statement of Claverack Rural Electric Cooperative

    Claverack Rural Electric Cooperative, a mission-driven organization based in Pennsylvania, is dedicated to providing essential electric service to rural communities. Through the cooperative model of ownership, this nonprofit ensures that its member-owners in rural areas of the state have consistent access to electricity.

    At the heart of Claverack Rural Electric Cooperative's mission lies the provision of electric service. This nonprofit is committed to delivering reliable electricity to the remote and often underserved areas of Pennsylvania. The cooperative's team works diligently to ensure that every member benefits from the power of electricity, enhancing their quality of life and enabling them to thrive in their rural environments.

    Claverack Rural Electric Cooperative's unique approach to electricity provision stems from its cooperative ownership structure. This model empowers the members to have a voice in the organization's operations and decision-making processes. By fostering a sense of community and collaboration, the cooperative creates a strong network of support, not just for the provision of electric service, but also for the social and economic development of the rural areas it serves.

    In summary, Claverack Rural Electric Cooperative is a mission-driven organization that proudly serves rural Pennsylvania by providing reliable electric service to its member-owners. It is a cooperative that believes in the power of community and works diligently to ensure that its members have access to the essential services necessary for a good quality of life.

    Impact

    This information is meant to be a general summary of Claverack Rural Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Claverack Rural Electric Cooperative's impact lies in providing essential electrical service to rural Pennsylvania residents. By operating as a cooperative, it empowers member-owners in rural areas to access reliable electricity. This not only improves the quality of life for these individuals but also contributes to the overall development and sustainability of rural communities. Through its mission of providing electricity services in rural Pennsylvania, Claverack Rural Electric Cooperative plays a crucial role in bridging the gap in access to essential utilities in these areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $43,145
  • Program Service Revenue: $0
  • Gross Receipts: $46,028,012

    • Assets and Liabilities:
  • Total Assets: $119,460,651
  • Total Liabilities: $52,821,095
  • Net Assets: $66,639,556
  • Organization Details

    Founding Year

    1936

    Principal Officer

    Steven Allabaugh

    Main Address

    32750 ROUTE 6, WYSOX, PA, 18854

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Claverack Rural Electric Cooperative 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.