Carroll Electric Cooperative Inc

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

EIN: 340133865 ✦ Carrollton, OH ✦ Designated as a 501(c)(12)

Overview

What is Carroll Electric Cooperative Inc?

Carroll Electric Cooperative Inc, based in Carrollton, Ohio, serves as a dedicated electric utility provider to the communities of Carroll, Columbiana, Harrison, Jefferson, Tuscarawas, and Stark Counties. With a mission to ensure reliable electricity access for approximately 8,978 members, this nonprofit cooperative boasts a workforce of 35 employees. Carroll Electric Cooperative's commitment extends beyond the mere provision of electricity; they strive to meet the unique needs of their community members.


Official website here: www.cecpower.coop

Is Carroll Electric Cooperative Inc legitimate?

Carroll Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Carroll 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: $389,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cecpower.coop

What is the mission statement of Carroll Electric Cooperative Inc?

Carroll Electric Cooperative Inc is dedicated to delivering electricity to its member base. The cooperative prioritizes reliable electric service, ensuring that a consistent power supply is available to approximately 8,978 customers in various counties. Carroll Electric Cooperative's commitment extends beyond just providing electricity; they strive to meet the ongoing power needs of their community.


Official website here: www.cecpower.coop

Who is the CEO of Carroll Electric Cooperative Inc?

Larry Fenbers is the Ceo/General of Carroll Electric Cooperative Inc. The CEO's salary of Carroll Electric Cooperative Inc is $293,954 and their total compensation is $451,126.


Official website here: www.cecpower.coop

What is the revenue of Carroll Electric Cooperative Inc?

Carroll Electric Cooperative Inc's revenue in 2022 was $25,547,711.


Official website here: www.cecpower.coop

Who are the executives of Carroll Electric Cooperative Inc and what are their salaries?

The average compensation at Carroll Electric Cooperative Inc during 2022 was $11,116. There are 35 employees at Carroll Electric Cooperative Inc.

Here are 15 key members and their salaries (Carroll Electric Cooperative Inc's CEO's salary is $293,954 and their total compensation is $451,126):

    Larry Fenbers (Ceo/General)
  • Compensation: $293,954
  • Related: $0
  • Other: $157,172

    • Deanna Smith (Manager Of F)
  • Compensation: $128,979
  • Related: $0
  • Other: $102,764

    • William Meese (Manager Of E)
  • Compensation: $142,613
  • Related: $0
  • Other: $80,733

    • Paden Spilker (Crew Leader)
  • Compensation: $153,581
  • Related: $0
  • Other: $39,529

    • Vincent Cunningham (Lineman)
  • Compensation: $114,757
  • Related: $0
  • Other: $44,345

    • Austin Jackson (Lineman)
  • Compensation: $109,307
  • Related: $0
  • Other: $30,114

    • Harold Sutton (Chairman) [Trustee/Director]
  • Compensation: $13,628
  • Related: $0
  • Other: $0

    • Robert Mccort (Director)
  • Compensation: $11,850
  • Related: $0
  • Other: $0

    • Gary Snode (Vice Chairma) [Trustee/Director]
  • Compensation: $11,600
  • Related: $0
  • Other: $0

    • Diane Brown (Director)
  • Compensation: $11,250
  • Related: $0
  • Other: $0

    • Kevin Tullis (Secretary/Tr) [Trustee/Director]
  • Compensation: $10,750
  • Related: $0
  • Other: $0

    • Tim N Dayton (Director)
  • Compensation: $9,925
  • Related: $0
  • Other: $0

    • William T Brown (Director)
  • Compensation: $9,150
  • Related: $0
  • Other: $0

    • Vincent Carter (Director)
  • Compensation: $9,050
  • Related: $0
  • Other: $0

    • William Casper (Director)
  • Compensation: $7,900
  • Related: $0
  • Other: $0


  • Official website here: www.cecpower.coop

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

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


    Official website here: www.cecpower.coop

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

    Mission Statement of Carroll Electric Cooperative Inc

    Carroll Electric Cooperative Inc, a dedicated provider of electricity, works tirelessly to ensure its members in various counties have access to reliable electric service. With a commitment to Carroll, Columbiana, Harrison, Jefferson, Tuscarawas, and Stark Counties, Carroll Electric Cooperative has connected nearly 8,978 customers to a consistent power supply.

    Impact

    This information is meant to be a general summary of Carroll 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

    Carroll Electric Cooperative Inc's impact lies in providing reliable electricity to nearly 8,978 customers in Carroll, Columbiana, Harrison, Jefferson, Tuscarawas, and Stark counties. By ensuring access to essential electrical services, Carroll Electric Cooperative plays a crucial role in supporting the daily lives, businesses, and economic activities of the communities it serves. Their commitment to providing a public benefit through dependable electric service directly contributes to the well-being and development of the region.





    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: $16,807
  • Program Service Revenue: $25,526,346
  • Gross Receipts: $25,550,211

    • Assets and Liabilities:
  • Total Assets: $65,336,212
  • Total Liabilities: $39,159,490
  • Net Assets: $26,176,722
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF ELECTRIC SERV

    Revenue

    $24,741,120

    PATRONAGE CAPITAL CREDITS

    Revenue

    $683,129

    OTHER CAPITAL CREDITS

    Revenue

    $102,097

    Organization Details

    Founding Year

    1937

    Principal Officer

    Larry Fenbers

    Main Address

    PO BOX 67, CARROLLTON, OH, 44615

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Carroll 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.