Clark Electric Cooperative

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

EIN: 390212464 ✦ Greenwood, WI ✦ Designated as a 501(c)(12)

Overview

What is Clark Electric Cooperative?

Clark Electric Cooperative is a nonprofit organization located in Greenwood, Wisconsin. With a team of 29 employees, their mission is to provide safe, reliable, and competitively priced energy and related services to their 9,593 members. In 2022, they sold a substantial amount of electricity, totaling 207,854,739 kWh. The cooperative remains devoted to its members, ensuring they receive essential energy services on a not-for-profit basis.


Official website here: www.cecoop.com

Is Clark Electric Cooperative legitimate?

Clark Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Clark 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: $366,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cecoop.com

What is the mission statement of Clark Electric Cooperative?

Clark Electric Cooperative is dedicated to supplying its members with safe, dependable, and competitively priced electricity and related services. Through its mission, the cooperative works tirelessly to provide electric power to its community of members on a not-for-profit basis. In 2022, the cooperative sold a total of 207,854,739 kilowatt-hours of electricity to over 9,000 members. The cooperative's commitment to its members extends beyond just energy, as it strives to maintain a reliable and efficient power supply, ensuring that the communities it serves have access to consistent and affordable energy solutions.


Official website here: www.cecoop.com

Who is the CEO of Clark Electric Cooperative?

Herman Seebandt is the President of Clark Electric Cooperative. The CEO's salary of Clark Electric Cooperative is $216,673 and their total compensation is $303,298.


Official website here: www.cecoop.com

What is the revenue of Clark Electric Cooperative?

Clark Electric Cooperative's revenue in 2022 was $25,712,386.


Official website here: www.cecoop.com

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

The average compensation at Clark Electric Cooperative during 2022 was $12,644. There are 29 employees at Clark Electric Cooperative.

Here are 13 key members and their salaries (Clark Electric Cooperative's CEO's salary is $216,673 and their total compensation is $303,298):

    Timothy E Stewart (Ceo/General Manager)
  • Compensation: $216,673
  • Related: $0
  • Other: $86,625

    • Michael A Ruff (Director Of Operations)
  • Compensation: $127,999
  • Related: $0
  • Other: $62,619

    • Kent Weigel (Line Superintendent)
  • Compensation: $107,223
  • Related: $0
  • Other: $57,002

    • Jared Jensen (Lineman)
  • Compensation: $102,346
  • Related: $0
  • Other: $40,960

    • Scott Bailen (Lineman)
  • Compensation: $101,845
  • Related: $0
  • Other: $40,989

    • Kole Hinker (Lineman)
  • Compensation: $107,328
  • Related: $0
  • Other: $28,999

    • James Hager (Director)
  • Compensation: $10,500
  • Related: $0
  • Other: $0

    • Marvin Verkuilen (Director)
  • Compensation: $9,100
  • Related: $0
  • Other: $0

    • Herman Seebandt (President) [Trustee/Director]
  • Compensation: $8,950
  • Related: $0
  • Other: $0

    • Scott Johnson (Director)
  • Compensation: $8,925
  • Related: $0
  • Other: $0

    • Allen Jicinsky (Vice-President) [Trustee/Director]
  • Compensation: $8,750
  • Related: $0
  • Other: $0

    • Thomas Odeen (Director)
  • Compensation: $8,750
  • Related: $0
  • Other: $0

    • Charles Linder (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $8,400
  • Related: $0
  • Other: $0


  • Official website here: www.cecoop.com

    Where can I find the form 990 for Clark Electric Cooperative?

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


    Official website here: www.cecoop.com

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

    Mission Statement of Clark Electric Cooperative

    Clark Electric Cooperative, a not-for-profit organization, is dedicated to providing safe, reliable, and competitively priced energy and related services to its members. The cooperative's primary mission is to offer electric power and essential services, ensuring a consistent energy supply for its 9,593 members. In the pursuit of this goal, Clark Electric Cooperative sold an impressive 207,854,739 kilowatt-hours of electricity during the year 2022.

    The cooperative's commitment to its members extends beyond just electricity provision. It strives to maintain a dependable energy supply and deliver services at competitive prices, all while operating on a not-for-profit basis. Clark Electric Cooperative's unwavering dedication to its members is a testament to its mission of ensuring access to essential energy services for all.

    Impact

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




    Thursday, August 15, 2024

    Clark Electric Cooperative's impact is significant as it provides safe, reliable, and competitively priced energy to over 9,500 members in the Greenwood, Wisconsin area. In 2022 alone, the cooperative sold over 200 million kilowatt-hours of electricity to its members. By fulfilling its mission to provide essential energy services on a not-for-profit basis, Clark Electric Cooperative plays a vital role in supporting the community's power needs and ensuring affordability and reliability in energy access for its members.





    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: $91,498
  • Program Service Revenue: $24,891,499
  • Gross Receipts: $25,723,889

    • Assets and Liabilities:
  • Total Assets: $60,830,685
  • Total Liabilities: $20,469,546
  • Net Assets: $40,361,139
  • Programs

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

    SALE OF POWER

    Revenue

    $24,840,499

    POLE CONTRACTS

    Revenue

    $51,000

    Organization Details

    Founding Year

    1937

    Principal Officer

    Herman Seebandt

    Main Address

    1209 WEST DALL-BERG ROAD, GREENWOOD, WI, 54437

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Clark 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.