Overview
What is Cefs Economic Opportunity Corporation?
Cefs Economic Opportunity Corporation, based in Effingham, Illinois, is a nonprofit organization dedicated to assisting eligible low-income households with their utility expenses. They administer the Low Income Home Energy Assistance Program (LIHEAP), which offers a one-time benefit to income-eligible households to help reduce their energy costs and provides reconnection assistance to those facing disconnection. LIHEAP also offers emergency furnace repair or replacement for eligible homeowners with inoperable furnaces. The organization also introduces the Percentage of Income Payment Plan (PIPP), which helps low and fixed-income customers manage their home energy costs with fixed monthly payments, arrearage reduction credits, client education, and energy conservation. Eligible customers between 200% - 300% of poverty or 80% of the county's area median income may qualify for a matching grant program called Warm Neighbors/Cool Friends, funded through Amren's Energy Assistance Foundation. Additionally, energy savings education is provided to customers through a series of Amren and agency-sponsored events. The organization's mission is to provide opportunities for people in their communities through education and support to achieve and maintain stability. Funding for LIHEAP and PIPP is provided by the U.S. Department of Health and Human Services and the State of Illinois, distributed by the Illinois Department of Commerce & Economic Opportunity Office of Community Assistance.
Official website here: www.cefseoc.org
Is Cefs Economic Opportunity Corporation legitimate?
Cefs Economic Opportunity Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cefs Economic Opportunity Corporation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $283,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,667,467
For more financial information, click here
Official website here: www.cefseoc.org
What is the mission statement of Cefs Economic Opportunity Corporation?
The Cefs Economic Opportunity Corporation aims to provide opportunities for individuals in their communities, enabling them to achieve and maintain stability. Through education and support, this organization helps eligible low-income households by assisting them in paying for their utility services, thus reducing their energy costs burden. The Corporation offers one-time benefits, reconnection assistance, and emergency furnace repairs to income-eligible households. Additionally, eligible customers can participate in the Percentage of Income Payment Plan (PIPP) for better management of their home energy costs. The Corporation also offers energy savings education through sponsored events and information kits. Funding for these programs comes from the U.S. Department of Health and Human Services and the State of Illinois.
Official website here: www.cefseoc.org
Who is the CEO of Cefs Economic Opportunity Corporation?
Kevin Bushur is the Chief Executive Officer of Cefs Economic Opportunity Corporation. The CEO's salary of Cefs Economic Opportunity Corporation is $74,028 and their total compensation is $82,856.
Official website here: www.cefseoc.org
What is the revenue of Cefs Economic Opportunity Corporation?
Cefs Economic Opportunity Corporation's revenue in 2022 was $26,100,830.
Official website here: www.cefseoc.org
Who are the executives of Cefs Economic Opportunity Corporation and what are their salaries?
The average compensation at Cefs Economic Opportunity Corporation during 2022 was $22,422. There are 310 employees and 2,743 volunteers at Cefs Economic Opportunity Corporation.
Here are 25 key members and their salaries (Cefs Economic Opportunity Corporation's CEO's salary is $74,028 and their total compensation is $82,856):
- Connie Jerden (Chief Operations Officer)
- Kevin Bushur (Chief Executive Officer)
- Tina Pearcy (Chief Financial Officer)
- Chuck Buchanan (Chairperson) [Trustee/Director]
- Mike Mcclure (1St Vice Chairperson) [Trustee/Director]
- Jenny Baker (2Nd Vice Chairperson) [Trustee/Director]
- Vickie Bowers (Secretary) [Trustee/Director]
- Joel Clark (Treasurer) [Trustee/Director]
- Janice Brooks (Director)
- Patti Wolff (Director)
- Kay Frevert (Director)
- Ken Barr (Director)
- Aaron Jones (Director)
- Sherry Hicks (Director)
- Glenda Bartels (Director)
- John Perry (Director (Thru 7/18/22))
- Rick Shmitz (Director)
- Gerry Schlechte (Director)
- Angie Rakestraw (Director (Thru 8/17/22))
- Tim Fogle (Director)
- Penny Arthur (Director)
- Elizabeth Houser (Director)
- Gene Price (Director (Thru 3/31/22))
- Doug Mccain (Director (Start 7/18/22))
- Liz Lusk (Director (Start 12/2/21))
Official website here: www.cefseoc.org
Where can I find the form 990 for Cefs Economic Opportunity Corporation?
The Cefs Economic Opportunity Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cefseoc.org
Learn more at the official website: www.cefseoc.org
Mission Statement of Cefs Economic Opportunity Corporation
Cefs Economic Opportunity Corporation, a vital nonprofit organization, is committed to providing opportunities for individuals in the community to achieve and maintain stability through education and support. One of their primary initiatives is the Low Income Home Energy Assistance Program (LIHEAP). This program is designed to help eligible low-income households in managing their utility expenses, offering a one-time benefit to reduce the burden of energy costs. Additionally, reconnection assistance is provided to prevent or restore utility services for households facing disconnection. For income-eligible homeowners, emergency furnace repairs or replacements are also available for inoperable furnaces.
Customers of Ameren Energy, who fall between 200% - 300% of poverty or 80% of the county's area median income, can qualify for the Warm Neighbors/Cool Friends matching grant program. This program, funded through Ameren's Energy Assistance Foundation, offers additional financial assistance to participants. Energy savings education is also provided to customers through various events, offering energy conservation information and kits. Both LIHEAP and Warm Neighbors/Cool Friends programs receive funding from the U.S. Department of Health and Human Services and the State of Illinois. The Illinois Department of Commerce & Economic Opportunity (DCEO) Office of Community Assistance (OCA) distributes the funds.
Another essential aspect of Cefs Economic Opportunity Corporation's mission is the Percentage of Income Payment Plan (PIPP). This program offers low and fixed-income customers a more manageable way to pay their home energy costs through fixed monthly payments. PIPP also provides arrearage reduction credits, client education, and energy conservation services. By implementing PIPP, the organization aims to help break the cycle of disconnection and reconnection, leading to improved health and safety for participants.
Impact
This information is meant to be a general summary of Cefs Economic Opportunity Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cefs Economic Opportunity Corporation's impact can be seen in the support it provides to low-income households in Effingham, Illinois, through programs like the Low Income Home Energy Assistance Program (LIHEAP). By offering assistance with utility payments, reconnection services, and emergency furnace repair or replacement, Cefs helps alleviate the burden of energy costs for vulnerable families. Additionally, through initiatives like the Percentage of Income Payment Plan (PIPP) and the Warm Neighbors/Cool Friends matching grant program, Cefs enables participants to manage their energy expenses more effectively and avoid disconnections, ultimately contributing to improved health and safety outcomes. Through its dedication to education and support, Cefs plays a vital role in helping individuals and families in the community achieve and maintain stability.
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.
PROGRAM INCOME
Revenue
$616,840
Organization Details
Founding Year
1965
Phone
(217) 342-2193
Principal Officer
Kevin Bushur
Main Address
1805 SOUTH BANKER STREET, EFFINGHAM, IL, 62401
Website
www.cefseoc.org
NTEE Category
Code: P200 - Human services
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