Craighead Electric Cooperative Corp

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

EIN: 710039695 ✦ Jonesboro, AR ✦ Designated as a 501(c)(12)

Overview

What is Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp is a nonprofit organization dedicated to providing electric power to rural areas. Based on the information provided, the corporation does not have a stated mission description, but its activity suggests that it focuses on ensuring access to electricity in less urbanized communities. The corporation's description mentions a limitation for unregistered users in viewing profiles, but this does not directly relate to the organization's mission or activities.


Official website here: www.craigheadelectric.coop

Is Craighead Electric Cooperative Corp legitimate?

Craighead Electric Cooperative Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Craighead Electric Cooperative Corp 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: $485,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,585,904

For more financial information, click here


Official website here: www.craigheadelectric.coop

What is the mission statement of Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp is dedicated to providing electric power to rural areas. Their mission is to ensure that remote communities have access to reliable and consistent electricity. By supplying power to these regions, they aim to improve the quality of life for residents and support local economies. The organization's efforts focus on extending electricity to underserved areas and maintaining infrastructure for efficient energy distribution. Through their commitment to providing essential electric services, Craighead Electric Cooperative Corp plays a crucial role in connecting rural communities to the larger power grid. Their work empowers families and businesses in these areas, enabling them to thrive and grow.


Official website here: www.craigheadelectric.coop

Who is the CEO of Craighead Electric Cooperative Corp?

Jeremiah Sloan is the Ceo of Craighead Electric Cooperative Corp. The CEO's salary of Craighead Electric Cooperative Corp is $232,819 and their total compensation is $260,634.


Official website here: www.craigheadelectric.coop

What is the revenue of Craighead Electric Cooperative Corp?

Craighead Electric Cooperative Corp's revenue in 2022 was $80,274,486.


Official website here: www.craigheadelectric.coop

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

The average compensation at Craighead Electric Cooperative Corp during 2022 was $73,751. There are 123 employees at Craighead Electric Cooperative Corp.

Here are 12 key members and their salaries (Craighead Electric Cooperative Corp's CEO's salary is $232,819 and their total compensation is $260,634):

    Jeremiah Sloan (Ceo)
  • Compensation: $260,917
  • Related: $0
  • Other: $85,842

    • Keith Blocker (Vp Engineeri)
  • Compensation: $200,513
  • Related: $0
  • Other: $67,459

    • Brian Duncan (Ceo)
  • Compensation: $232,819
  • Related: $0
  • Other: $27,815

    • Mark A Miller (Vp Of Operat)
  • Compensation: $157,944
  • Related: $0
  • Other: $61,097

    • Justin Etter (Vp Of Corp.)
  • Compensation: $142,909
  • Related: $0
  • Other: $54,567

    • Keith Mosbey (Director)
  • Compensation: $22,974
  • Related: $0
  • Other: $0

    • Terry Rorex (Director)
  • Compensation: $22,974
  • Related: $0
  • Other: $0

    • Steve Kueter (Director)
  • Compensation: $21,739
  • Related: $0
  • Other: $0

    • Bill Elliot Jr (Director)
  • Compensation: $21,555
  • Related: $0
  • Other: $0

    • Dwight England (Director)
  • Compensation: $20,275
  • Related: $0
  • Other: $0

    • Len Nall (Director)
  • Compensation: $14,843
  • Related: $0
  • Other: $0

    • Bobby Wade (Director)
  • Compensation: $14,316
  • Related: $0
  • Other: $0


  • Official website here: www.craigheadelectric.coop

    Where can I find the form 990 for Craighead Electric Cooperative Corp?

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


    Official website here: www.craigheadelectric.coop

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

    Mission Statement of Craighead Electric Cooperative Corp

    Craighead Electric Cooperative Corp, a dedicated organization, is committed to delivering electric power to rural communities. With a focus on expanding access to electricity, this cooperative plays a vital role in bringing essential energy resources to those living in sparsely populated areas.

    In simple terms, Craighead Electric Cooperative Corp's mission is to light up the lives of rural communities by providing them with a steady and reliable source of electric power. By doing so, the organization enhances the quality of life for individuals and families residing in these regions, enabling them to carry out their daily activities more efficiently and effectively.

    As a pioneer in the energy sector, Craighead Electric Cooperative Corp goes beyond just providing electricity. They are dedicated to ensuring that the power they deliver reaches every home and business in their rural communities, promoting sustainable growth and prosperity. By focusing on their mission, they aim to create a brighter future for the people they serve, fostering progress and development in the rural areas they reach.

    Impact

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




    Thursday, August 15, 2024

    Craighead Electric Cooperative Corp provides essential electric power to rural areas, contributing to the development and sustenance of these communities. Through their services, they enable residents and businesses in these regions to access reliable electricity, which is crucial for daily activities, economic growth, and quality of life. By fulfilling their mission in providing electricity to rural areas, Craighead Electric Cooperative Corp plays a significant role in ensuring the well-being and progress of the areas they serve.





    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: $2,927,908
  • Program Service Revenue: $77,312,108
  • Gross Receipts: $80,274,486

    • Assets and Liabilities:
  • Total Assets: $321,117,191
  • Total Liabilities: $197,928,149
  • Net Assets: $123,189,042
  • Programs

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

    SALE OF ELECTRIC ENERGY

    Revenue

    $73,354,897

    RENTAL - OFFICE SPACE

    Revenue

    $3,262,678

    RENTAL - EQUIPMENT

    Revenue

    $665,437

    CERTAIN PROPERTY

    Revenue

    $19,115

    MERCHANDISING

    Revenue

    $9,981

    Organization Details

    Founding Year

    1937

    Principal Officer

    Jeremiah Sloan

    Main Address

    PO BOX 7503, JONESBORO, AR, 72403

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Craighead Electric Cooperative Corp 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.