Central Electric Cooperative Inc

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

EIN: 250397695 ✦ Parker, PA ✦ Designated as a 501(c)(12)

Overview

What is Central Electric Cooperative Inc?

Central Electric Cooperative Inc is a nonprofit cooperative based in Parker, Pennsylvania (PO Box 329716, Routes 368). Their primary mission is to provide reliable electric distribution services to residents in rural areas of Pennsylvania. With a team of 77 dedicated individuals, they operate on a cooperative basis, ensuring that their members receive essential electricity needs. Central Electric Cooperative Inc's commitment to their community extends beyond just power distribution, as they strive to create a sustainable energy infrastructure for their members.


Official website here: www.central.coop

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $891,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.central.coop

What is the mission statement of Central Electric Cooperative Inc?

Central Electric Cooperative Inc is dedicated to providing electric distribution services on a cooperative basis to members residing in rural areas. The cooperative's primary mission revolves around delivering electricity to its members in a cooperative manner. In simple terms, Central Electric Cooperative Inc aims to ensure that electricity reaches the homes and businesses of its rural members in a collaborative and supportive fashion. The organization's commitment to its mission is unwavering, with a focus on serving its community and ensuring reliable access to electricity for all of its members. Additionally, Central Electric Cooperative Inc often strives to improve its services, making it a trusted and dependable electricity provider within rural Pennsylvania.


Official website here: www.central.coop

Who is the CEO of Central Electric Cooperative Inc?

Matthew Boshaw is the General Manager of Central Electric Cooperative Inc.


Official website here: www.central.coop

What is the revenue of Central Electric Cooperative Inc?

Central Electric Cooperative Inc's revenue in 2022 was $27,956,147.


Official website here: www.central.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 $11,573. There are 77 employees at Central Electric Cooperative Inc.

Here are 16 key members and their salaries:

    Matthew Boshaw (General Manager)
  • Compensation: $253,416
  • Related: $0
  • Other: $76,852

    • Fred Terwilliger (Assistant Gm/Coo)
  • Compensation: $176,159
  • Related: $0
  • Other: $58,401

    • Chester Conti (Cfo)
  • Compensation: $147,336
  • Related: $0
  • Other: $54,408

    • Lisa Hoover (Director Of Member Service)
  • Compensation: $147,335
  • Related: $0
  • Other: $50,416

    • Terry Kriebel (Lineman)
  • Compensation: $149,740
  • Related: $0
  • Other: $40,484

    • Stephanie Deal (Director Of Human Resource)
  • Compensation: $138,038
  • Related: $0
  • Other: $48,668

    • Greg Bly (Lineman)
  • Compensation: $140,594
  • Related: $0
  • Other: $34,505

    • Randall D Renfrew Ii (Lineman)
  • Compensation: $138,832
  • Related: $0
  • Other: $33,715

    • Alfred Campbell (Director)
  • Compensation: $19,654
  • Related: $0
  • Other: $0

    • Robert Smith (Vice President) [Trustee/Director]
  • Compensation: $17,879
  • Related: $0
  • Other: $0

    • Nancy Lendyak (President) [Trustee/Director]
  • Compensation: $17,504
  • Related: $0
  • Other: $0

    • Althea Smith (Secretary/Treas) [Trustee/Director]
  • Compensation: $16,386
  • Related: $0
  • Other: $0

    • Jody Weaver (Director)
  • Compensation: $14,887
  • Related: $0
  • Other: $0

    • Richard Weaver (Director)
  • Compensation: $14,392
  • Related: $0
  • Other: $0

    • Kenneth D Durrett (Director)
  • Compensation: $12,010
  • Related: $0
  • Other: $0

    • Kenneth Etzel (Director)
  • Compensation: $11,803
  • Related: $0
  • Other: $0


  • Official website here: www.central.coop

    Where can I find the form 990 for Central Electric Cooperative Inc?

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


    Official website here: www.central.coop

    Learn more at the official website: www.central.coop

    Mission Statement of Central Electric Cooperative Inc

    Central Electric Cooperative Inc, a nonprofit organization based in Pennsylvania, is dedicated to the cooperative distribution of electric services to rural community members. With a mission centered around cooperation, Central Electric Cooperative Inc strives to ensure that its members in rural areas of the state have reliable access to electricity. By operating on a cooperative basis, the organization fosters a strong sense of community and mutual support among its members. The provision of electric distribution services is not just a business for Central Electric Cooperative Inc, but a commitment to enhancing the quality of life for those living in rural Pennsylvania. Through its cooperative efforts, the organization aims to bring the essential conveniences of electricity to its members, enabling them to thrive in their daily lives. Central Electric Cooperative Inc's unwavering dedication to community empowerment and cooperative partnership sets it apart as a vital resource for rural Pennsylvania residents.

    Impact

    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.




    Thursday, August 15, 2024

    Central Electric Cooperative Inc's impact is significant in providing essential electric distribution services to members in rural Pennsylvania. By operating on a cooperative basis, the organization plays a crucial role in ensuring that residents in these rural areas have access to reliable electricity. This access is essential for powering homes, businesses, and other critical infrastructure, thus contributing to the overall development and well-being of the community. Central Electric Cooperative Inc's efforts directly enhance the quality of life for its members by enabling them to stay connected, productive, and safe.





    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: $185,071
  • Program Service Revenue: $0
  • Gross Receipts: $46,888,261

    • Assets and Liabilities:
  • Total Assets: $129,344,147
  • Total Liabilities: $80,063,305
  • Net Assets: $49,280,842
  • Organization Details

    Founding Year

    1937

    Principal Officer

    Matthew Boshaw

    Main Address

    PO BOX 329716 ROUTE 368, PARKER, PA, 16049

    NTEE 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.