Overview
What is Central Texas Electric Cooperative Inc?
Central Texas Electric Cooperative Inc, based in Fredericksburg, Texas, is a nonprofit organization committed to providing electric energy to its members on a cooperative basis. With 149 employees, they allocate patronage capital to ensure quality and reliable electric service at a reasonable cost. Their mission prioritizes ensuring member-owners receive safe, dependable, and high-quality energy service. In 2021, they served 45,518 active accounts.
Official website here: www.ctec.coop
Is Central Texas Electric Cooperative Inc legitimate?
Central Texas Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Texas 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: $1,380,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,829,885
For more financial information, click here
Official website here: www.ctec.coop
What is the mission statement of Central Texas Electric Cooperative Inc?
Central Texas Electric Cooperative Inc is dedicated to delivering safe, reliable, and high-quality electric service to its member-owners at a reasonable cost. The cooperative's mission is to provide electric energy to its members cooperatively through the allocation of patronage capital. With over 45,000 active services at the end of the year, Central Texas Electric Cooperative Inc aims to ensure that its members receive dependable electricity to support their daily lives. By focusing on quality and affordability, the cooperative strives to build strong and sustainable energy partnerships with its community.
Official website here: www.ctec.coop
Who is the CEO of Central Texas Electric Cooperative Inc?
Atanacio Hinojosa is the President of Central Texas Electric Cooperative Inc. The CEO's salary of Central Texas Electric Cooperative Inc is $37,483 and their total compensation is $85,456.
Official website here: www.ctec.coop
What is the revenue of Central Texas Electric Cooperative Inc?
Central Texas Electric Cooperative Inc's revenue in 2022 was $70,828,639.
Official website here: www.ctec.coop
Who are the executives of Central Texas Electric Cooperative Inc and what are their salaries?
The average compensation at Central Texas Electric Cooperative Inc during 2022 was $41,679. There are 149 employees at Central Texas Electric Cooperative Inc.
Here are 21 key members and their salaries (Central Texas Electric Cooperative Inc's CEO's salary is $37,483 and their total compensation is $85,456):
- Robert Loth Iii (Ceo)
- Pat Stahl (System Services Supervisor)
- Mitch Elmore (Director Of Engineering/Op)
- Dennis Crenwelge (Distric Operation Supervisor)
- Steve Murrow (District Operations Superv)
- Janet Herber (Cfo)
- Glen Davis (Foreman)
- Arthur Wunderlich (Foreman)
- Shawn Stanley (Cfo)
- Atanacio Hinojosa (Ceo)
- Mark Hahn (President) [Trustee/Director]
- Connie Stockbridge (Treasurer) [Trustee/Director]
- Fermin Ortiz (Director)
- James A Low (Director)
- Doylene Bode (Secretary) [Trustee/Director]
- Joseph Wieser (Vice President) [Trustee/Director]
- Scott Olguin (Director)
- Wynne Whitworth (Director)
- Tim Lehmberg (Director)
- Wayne Seipp (Director)
- Mark Reeve (Direcotr) [Trustee/Director]
Official website here: www.ctec.coop
Where can I find the form 990 for Central Texas Electric Cooperative Inc?
The Central Texas Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ctec.coop
Learn more at the official website: www.ctec.coop
Mission Statement of Central Texas Electric Cooperative Inc
Central Texas Electric Cooperative Inc, a cooperative entity, is dedicated to providing quality and reliable electric service to its members at affordable costs. This mission is geared towards ensuring that the cooperative's member-owners in Texas receive safe, dependable, and high-quality electricity. The cooperative makes sure that it allocates patronage capital to provide electric energy to its members on a cooperative basis. In the previous year, there were 45,518 active electric services under the cooperative's purview.
Impact
This information is meant to be a general summary of Central Texas 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 Texas Electric Cooperative Inc's impact lies in providing quality and reliable electric service to its members at cost on a cooperative basis. By supplying electric energy to its members through the allocation of patronage capital, the cooperative serves a significant role in ensuring access to essential services for its 45,518 active services. The organization's mission to provide safe, reliable, high-quality service at a reasonable cost directly benefits its member-owners and the broader community in Fredericksburg, Texas. Through its public benefit approach, Central Texas Electric Cooperative Inc contributes to the overall well-being and sustainability of the region it serves.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$68,727,992
SERVICE FEES
Revenue
$728,124
PATRONAGE DIVIDENDS
Revenue
$539,576
Organization Details
Founding Year
1947
Phone
(830) 992-2380
Principal Officer
Atanacio Hinojosa
Main Address
PO BOX 553, FREDERICKSBURG, TX, 78624
Website
www.ctec.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Central Texas 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.