Consolidated Electric Cooperative

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

EIN: 430226184 ✦ Mexico, MO ✦ Designated as a 501(c)(12)

Overview

What is Consolidated Electric Cooperative?

Consolidated Electric Cooperative is a nonprofit organization based in Mexico, Missouri, serving around 6,528 members in eight rural counties. Their primary mission is to distribute electric energy to their consumer-members, maintaining and upgrading the electric lines to ensure reliable service. They prioritize quality and consistency in their business practices, offering electric and related services to their member-owners on a cooperative basis. With a team of 40 employees, they aim to provide their community with dependable energy solutions.


Official website here: www.consolidatedelectric.com

Is Consolidated Electric Cooperative legitimate?

Consolidated Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Consolidated 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: $502,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.consolidatedelectric.com

What is the mission statement of Consolidated Electric Cooperative?

Consolidated Electric Cooperative is dedicated to delivering quality and dependable electric and related services to its member-owners. Its mission is to provide these essential utilities in a cooperative manner, ensuring sound business practices are upheld. The Cooperative's commitment extends to maintaining and enhancing its electric infrastructure to consistently deliver reliable service. In essence, Consolidated Electric Cooperative strives to meet the electric needs of its members in an efficient and cooperative fashion.


Official website here: www.consolidatedelectric.com

Who is the CEO of Consolidated Electric Cooperative?

Lynn Thompson is the General Manager of Consolidated Electric Cooperative.


Official website here: www.consolidatedelectric.com

What is the revenue of Consolidated Electric Cooperative?

Consolidated Electric Cooperative's revenue in 2022 was $25,940,298.


Official website here: www.consolidatedelectric.com

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

The average compensation at Consolidated Electric Cooperative during 2022 was $12,563. There are 40 employees at Consolidated Electric Cooperative.

Here are 17 key members and their salaries:

    Lynn Thompson (General Manager)
  • Compensation: $221,583
  • Related: $0
  • Other: $81,607

    • M Troy Crum (Operations Coordinator)
  • Compensation: $138,011
  • Related: $0
  • Other: $65,432

    • Melanie Oetting (Mgr Admin Services)
  • Compensation: $124,023
  • Related: $0
  • Other: $62,315

    • Christa Baumhoer (Mgr Of Finance & Accountin)
  • Compensation: $114,631
  • Related: $0
  • Other: $67,908

    • Carl Aulbur (Operations Superintendent)
  • Compensation: $142,697
  • Related: $0
  • Other: $19,594

    • Steven Tiller (Working Forman)
  • Compensation: $122,699
  • Related: $0
  • Other: $36,964

    • Paul Johannaber (Lineman)
  • Compensation: $109,353
  • Related: $0
  • Other: $35,071

    • Shera L Dameron (Secretary) [Trustee/Director]
  • Compensation: $8,951
  • Related: $0
  • Other: $0

    • William Deichman (Director)
  • Compensation: $7,151
  • Related: $0
  • Other: $0

    • Michael Curtis (Director)
  • Compensation: $6,651
  • Related: $0
  • Other: $0

    • James M Ebbesmeyer (President) [Trustee/Director]
  • Compensation: $5,751
  • Related: $0
  • Other: $0

    • William H Sonwalt (Director)
  • Compensation: $5,051
  • Related: $0
  • Other: $0

    • Mike A Vanmaanen (Vice-President) [Trustee/Director]
  • Compensation: $4,851
  • Related: $0
  • Other: $0

    • Russell L Thomas (Treasurer) [Trustee/Director]
  • Compensation: $4,651
  • Related: $0
  • Other: $0

    • Nancy Cobb (Director)
  • Compensation: $4,651
  • Related: $0
  • Other: $0

    • Dale E Hopke (Director)
  • Compensation: $3,001
  • Related: $0
  • Other: $0

    • Patty Fisher (Director)
  • Compensation: $1,550
  • Related: $0
  • Other: $0


  • Official website here: www.consolidatedelectric.com

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

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


    Official website here: www.consolidatedelectric.com

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

    Mission Statement of Consolidated Electric Cooperative

    Consolidated Electric Cooperative, with its mission to provide, dedicates itself to delivering top-notch, dependable electric and associated services to its member-owners. Adhering to sound business principles, the Cooperative goes beyond just distributing electric energy, ensuring a cooperative experience for its rural consumer base, numbering approximately 6,528, across eight counties. With a commitment to maintaining and upgrading electric lines, Consolidated Electric Cooperative guarantees its members the reliability they deserve.

    Impact

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




    Thursday, August 15, 2024

    Consolidated Electric Cooperative provides its member-owners with quality, reliable electric and related services in the rural areas of eight counties, serving approximately 6,528 members. By distributing electric energy on a cooperative basis, the Cooperative plays a crucial role in ensuring that these rural communities have access to essential electricity services. The Cooperative's commitment to maintaining and upgrading electric lines contributes to the reliability of electric service in the region. Through its mission to provide quality services in line with sound business practices, Consolidated Electric Cooperative positively impacts the lives of its member-owners and helps support the local economy.





    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: $196,961
  • Program Service Revenue: $25,743,337
  • Gross Receipts: $25,992,179

    • Assets and Liabilities:
  • Total Assets: $68,636,077
  • Total Liabilities: $38,294,763
  • Net Assets: $30,341,314
  • Programs

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

    Sale of Electric Energy

    Revenue

    $25,224,156

    Capital Credits Rec'd

    Revenue

    $439,729

    Other Electric Revenues

    Revenue

    $79,452

    Organization Details

    Founding Year

    1938

    Principal Officer

    Lynn Thompson

    Main Address

    PO Box 540, Mexico, MO, 652650540

    NTEE Category

    Code: W80 - Public benefit

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