Central Rural Electric Cooperative Inc

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

EIN: 730177775 ✦ Stillwater, OK ✦ Designated as a 501(c)(12)

Overview

What is Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc is a passionate and innovative nonprofit organization in the energy sector. Based on the information provided, they are dedicated to delivering quality and reliable electric service to their members on a cooperative basis. Their team comprises pioneers, teamworkers, visionaries, and trailblazers, who fearlessly develop and implement groundbreaking ideas. The primary objective of Central Electric Cooperative is to inspire and bring positive change within the energy industry.


Official website here: www.mycentral.coop

Is Central Rural Electric Cooperative Inc legitimate?

Central Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Rural 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: $869,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,184,969

For more financial information, click here


Official website here: www.mycentral.coop

What is the mission statement of Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc is dedicated to delivering quality and reliable electric service to its members on a cooperative basis. The team behind Central Electric comprises innovative individuals who are not afraid to bring ideas to life and inspire those around them. They are industry game changers, collaborators, risk takers, and dream weavers, who strive to make a difference in the energy sector. Their mission is to make a positive impact and leave a lasting legacy.


Official website here: www.mycentral.coop

Who is the CEO of Central Rural Electric Cooperative Inc?

Hunter Robinson is the Ceo of Central Rural Electric Cooperative Inc. The CEO's salary of Central Rural Electric Cooperative Inc is $256,169 and their total compensation is $533,734.


Official website here: www.mycentral.coop

What is the revenue of Central Rural Electric Cooperative Inc?

Central Rural Electric Cooperative Inc's revenue in 2022 was $69,614,536.


Official website here: www.mycentral.coop

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

Here are 14 key members and their salaries (Central Rural Electric Cooperative Inc's CEO's salary is $256,169 and their total compensation is $533,734):

    Hunter Robinson (Ceo)
  • Compensation: $256,169
  • Related: $0
  • Other: $277,565

    • Mark Prather (President Of Fiber)
  • Compensation: $146,444
  • Related: $0
  • Other: $73,170

    • Clint Robinson (Line Foreman)
  • Compensation: $134,099
  • Related: $0
  • Other: $62,396

    • Sondra White (Vp Of Finance)
  • Compensation: $145,082
  • Related: $0
  • Other: $44,641

    • Yuvaraj Kondaswamy (System Engineer)
  • Compensation: $128,696
  • Related: $0
  • Other: $56,804

    • Lee Linsenmeyer (Lineman)
  • Compensation: $131,238
  • Related: $0
  • Other: $44,643

    • Michael Musil (Lineman)
  • Compensation: $117,719
  • Related: $0
  • Other: $47,136

    • Carol Dvorak (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $25,000
  • Related: $0
  • Other: $0

    • Gary Mccune (Vice President) [Trustee/Director]
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • James Wells (President) [Trustee/Director]
  • Compensation: $23,750
  • Related: $0
  • Other: $0

    • Mark Pittman (Trustee)
  • Compensation: $22,750
  • Related: $0
  • Other: $0

    • Sid Sperry (Trustee)
  • Compensation: $22,000
  • Related: $0
  • Other: $0

    • John Greg Tytenciz (Trustee)
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Bill Davis (Trustee)
  • Compensation: $11,000
  • Related: $0
  • Other: $0


  • Official website here: www.mycentral.coop

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

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


    Official website here: www.mycentral.coop

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

    Mission Statement of Central Rural Electric Cooperative Inc

    Central Rural Electric Cooperative Inc, comprised of innovative and bold individuals, is dedicated to providing top-notch and dependable electric service to its members on a cooperative basis. This mission is rooted in a passion for bringing new ideas to life and inspiring the community. The team at Central Electric Cooperative is made up of game changers, collaborators, risk takers, and mountain movers who are determined to make a difference in the energy industry. They approach their work with a can-do attitude, unafraid to tackle challenges and turn dreams into reality.

    Impact

    This information is meant to be a general summary of Central Rural 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

    Central Rural Electric Cooperative Inc's impact is significant in providing quality and reliable electric service to its members at cost on a cooperative basis. By ensuring access to electricity in rural areas, Central Rural Electric Cooperative Inc plays a crucial role in improving the quality of life for individuals and businesses in its community. This access to electricity enables economic development, enhances education opportunities, and promotes overall well-being for its members. Additionally, by operating as a cooperative, Central Rural Electric Cooperative Inc fosters a sense of community involvement and ownership among its members, empowering them to have a voice in the organization's decision-making processes. Overall, Central Rural Electric Cooperative Inc's commitment to delivering public benefit through its services underscores its importance in the region it serves.





    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: $290,587
  • Program Service Revenue: $65,539,757
  • Gross Receipts: $69,622,830

    • Assets and Liabilities:
  • Total Assets: $254,793,736
  • Total Liabilities: $170,411,661
  • Net Assets: $84,382,075
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $63,106,021

    PATRONAGE DIVIDENDS

    Revenue

    $2,219,250

    SERVICE FEES & OTHER CHARGES

    Revenue

    $162,559

    SOLAR & OTHER PROGRAM REVENUE

    Revenue

    $51,927

    Organization Details

    Founding Year

    1938

    Principal Officer

    Hunter Robinson

    Main Address

    PO BOX 1809, STILLWATER, OK, 74076

    NTEE Category

    Code: W80 - Public benefit

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