Cimarron Electric Cooperative Inc

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

EIN: 730195455 ✦ Kingfisher, OK ✦ Designated as a 501(c)(12)

Overview

What is Cimarron Electric Cooperative Inc?

Cimarron Electric Cooperative Inc is a nonprofit organization headquartered in Kingfisher, Oklahoma. With a team of 55 dedicated employees, they provide electric power to rural areas in a cooperative manner. Their mission is to offer reliable services at reasonable rates and improve the quality of life for their members. They allocate patronage capital to ensure electric energy is accessible on a cooperative basis, serving 18,838 active members at year end.


Official website here: www.cimarronelectric.com

Is Cimarron Electric Cooperative Inc legitimate?

Cimarron Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cimarron 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: $1,595,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,585,444

For more financial information, click here


Official website here: www.cimarronelectric.com

What is the mission statement of Cimarron Electric Cooperative Inc?

Cimarron Electric Cooperative Inc is committed to delivering electric power to rural communities on a cooperative basis. The cooperative's mission is to provide reliable services to meet the needs of its members at reasonable rates. It aims to enhance the quality of life of its members by allocating patronage capital for the provision of electric energy. At the end of the year, there were 18,838 active services being provided by the cooperative.


Official website here: www.cimarronelectric.com

Who is the CEO of Cimarron Electric Cooperative Inc?

Aaron Roark is the Ceo of Cimarron Electric Cooperative Inc. The CEO's salary of Cimarron Electric Cooperative Inc is $121,936 and their total compensation is $148,580.


Official website here: www.cimarronelectric.com

What is the revenue of Cimarron Electric Cooperative Inc?

Cimarron Electric Cooperative Inc's revenue in 2022 was $85,946,954.


Official website here: www.cimarronelectric.com

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

The average compensation at Cimarron Electric Cooperative Inc during 2022 was $76,012. There are 55 employees at Cimarron Electric Cooperative Inc.

Here are 20 key members and their salaries (Cimarron Electric Cooperative Inc's CEO's salary is $121,936 and their total compensation is $148,580):

    Reed Emerson (Senior Vp Ops (Jan-April))
  • Compensation: $409,650
  • Related: $0
  • Other: $31,380

    • Aaron Roark (Ceo)
  • Compensation: $285,410
  • Related: $0
  • Other: $70,198

    • Jeff Hyatt (Cmo)
  • Compensation: $227,943
  • Related: $0
  • Other: $65,231

    • Richard Reherman (Senior Vp Accounting)
  • Compensation: $156,368
  • Related: $0
  • Other: $37,422

    • Ronald Pennington (Senior Vp Operations)
  • Compensation: $141,551
  • Related: $0
  • Other: $51,672

    • Mark Andrews (Senior Vp Finance & Admin)
  • Compensation: $140,939
  • Related: $0
  • Other: $48,491

    • Steph Jones (Chief Technology Officer)
  • Compensation: $132,822
  • Related: $0
  • Other: $46,139

    • Robert Smith (Area Service Rep - Watonga)
  • Compensation: $120,410
  • Related: $0
  • Other: $43,934

    • Rodney Johnson (Operations Superintendent)
  • Compensation: $120,412
  • Related: $0
  • Other: $37,316

    • Mark Snowden (Ceo (Jan-March))
  • Compensation: $121,936
  • Related: $0
  • Other: $26,644

    • Tom Kloeppel (Director)
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Gene Peters (Director)
  • Compensation: $20,450
  • Related: $0
  • Other: $0

    • Chalentz Hedges (Treasurer) [Trustee/Director]
  • Compensation: $18,350
  • Related: $0
  • Other: $0

    • Rudy Patzkowsky (Director)
  • Compensation: $18,350
  • Related: $0
  • Other: $0

    • Ron Sproul (President) [Trustee/Director]
  • Compensation: $18,350
  • Related: $0
  • Other: $0

    • Robert Yeoman (Director)
  • Compensation: $18,350
  • Related: $0
  • Other: $0

    • Raymond Flatt (Vice President) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Amie Reed (Secretary) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • James Simmons Jan-June (Director)
  • Compensation: $10,050
  • Related: $0
  • Other: $0

    • Lane Broadbent Aug-Dec (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0


  • Official website here: www.cimarronelectric.com

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

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


    Official website here: www.cimarronelectric.com

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

    Mission Statement of Cimarron Electric Cooperative Inc

    Cimarron Electric Cooperative Inc, a cooperative entity, is dedicated to providing electric power to rural communities at affordable rates. In line with its mission, the cooperative aims to deliver dependable services that address the needs of its members. Beyond electricity, it strives to contribute to enhancing the overall quality of life for its members. Through cooperative principles, Cimarron Electric Cooperative Inc distributes patronage capital to its members. At the end of the year, there were 18,838 active services under its purview.

    Impact

    This information is meant to be a general summary of Cimarron 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

    Cimarron Electric Cooperative Inc's impact lies in providing essential electric power to rural areas at cost on a cooperative basis. By serving 18,838 active services at year end, they ensure that members have access to reliable services at reasonable rates. Their mission to enhance the quality of life for their members underscores their significant contribution to the communities they serve in Kingfisher, Oklahoma.





    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: $73,682
  • Program Service Revenue: $85,546,665
  • Gross Receipts: $86,125,180

    • Assets and Liabilities:
  • Total Assets: $177,760,521
  • Total Liabilities: $102,252,982
  • Net Assets: $75,507,539
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $83,749,799

    PATRONAGE DIVIDENDS

    Revenue

    $1,688,835

    SERVICE FEES

    Revenue

    $108,031

    Organization Details

    Founding Year

    1936

    Principal Officer

    Aaron Roark

    Main Address

    PO BOX 299, KINGFISHER, OK, 73750

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Cimarron Electric Cooperative Inc 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.