Core Electric Cooperative

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

EIN: 840235244 ✦ Sedalia, CO ✦ Designated as a 501(c)(12)

Overview

What is Core Electric Cooperative?

Core Electric Cooperative, based in Sedalia, Colorado, is a rural electric distribution cooperative that serves 174,006 active service locations across 11 Colorado counties. Established to provide electric utility service within its designated area, the cooperative currently employs 341 individuals and distributes power to communities in the region.


Official website here: www.core.coop

Is Core Electric Cooperative legitimate?

Core Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Core 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: $4,948,404
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,560,753

For more financial information, click here


Official website here: www.core.coop

What is the mission statement of Core Electric Cooperative?

Core Electric Cooperative was founded as a rural electric utility cooperative, committed to delivering electric services within its designated territory. Its primary mission is to ensure reliable electricity access for the communities it serves. The cooperative has successfully distributed electricity to over 174,000 active service locations across an expanse of 11 Colorado counties. By providing essential electric utility services, Core Electric Cooperative plays a crucial role in enhancing the quality of life for its members, contributing to the overall development of the rural areas it serves.


Official website here: www.core.coop

Who is the CEO of Core Electric Cooperative?

Jeffrey M Baudier is the Director, President of Core Electric Cooperative. The CEO's salary of Core Electric Cooperative is $519,333 and their total compensation is $643,495.


Official website here: www.core.coop

What is the revenue of Core Electric Cooperative?

Core Electric Cooperative's revenue in 2022 was $345,089,935.


Official website here: www.core.coop

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

The average compensation at Core Electric Cooperative during 2022 was $60,144. There are 341 employees at Core Electric Cooperative.

Here are 25 key members and their salaries (Core Electric Cooperative's CEO's salary is $519,333 and their total compensation is $643,495):

    Jeffrey Baudier (Ceo)
  • Compensation: $519,333
  • Related: $0
  • Other: $124,162

    • Dierdre P Jones (Cfo)
  • Compensation: $436,536
  • Related: $0
  • Other: $127,854

    • Pamela Feuerstein (Coo)
  • Compensation: $450,073
  • Related: $0
  • Other: $107,352

    • Kathleen Solano (Cao)
  • Compensation: $356,100
  • Related: $0
  • Other: $112,971

    • Amanda Lesher (Cmeo)
  • Compensation: $367,779
  • Related: $0
  • Other: $64,679

    • Mark Jurgemeyer (Engineering Director)
  • Compensation: $271,271
  • Related: $0
  • Other: $85,830

    • John Zenyuh (Facilities And Fleet Director)
  • Compensation: $205,200
  • Related: $0
  • Other: $113,639

    • Alex Mendez (Distribution Ops Director)
  • Compensation: $224,697
  • Related: $0
  • Other: $72,341

    • Marjorie Uhlar (Controller)
  • Compensation: $189,910
  • Related: $0
  • Other: $102,080

    • Andy Minter (Transmission Ops Director)
  • Compensation: $207,749
  • Related: $0
  • Other: $78,385

    • Chris Hildred (Power Supply Director)
  • Compensation: $210,743
  • Related: $0
  • Other: $68,699

    • Richard Brewer (Billing And Payments Director)
  • Compensation: $178,290
  • Related: $0
  • Other: $95,002

    • Jeremy Cannon (Information Technology Director)
  • Compensation: $214,966
  • Related: $0
  • Other: $46,594

    • Michael Kaine (Safety Director)
  • Compensation: $193,488
  • Related: $0
  • Other: $64,209

    • Andrew Long (Substation Manager)
  • Compensation: $193,657
  • Related: $0
  • Other: $62,500

    • Marcy Hudson (People Operations Director)
  • Compensation: $206,867
  • Related: $0
  • Other: $47,004

    • Matthew Basford (Lineman Working Foreman)
  • Compensation: $189,656
  • Related: $0
  • Other: $63,817

    • Joan Beckner (Chief Legal Officer (Thru 4/13/22))
  • Compensation: $193,162
  • Related: $0
  • Other: $756

    • Timothy White (Director, President)
  • Compensation: $65,822
  • Related: $0
  • Other: $0

    • Robert W Graf (Director)
  • Compensation: $59,524
  • Related: $0
  • Other: $0

    • Bruff Shea (Director, Vice President)
  • Compensation: $54,726
  • Related: $0
  • Other: $0

    • Michael Sperry (Director)
  • Compensation: $53,092
  • Related: $0
  • Other: $0

    • James T Anest (Director, Secretary/Treasurer)
  • Compensation: $51,005
  • Related: $0
  • Other: $0

    • Michael Kempe (Director, Asst Secretary/Treasurer)
  • Compensation: $40,098
  • Related: $0
  • Other: $0

    • Ron Kilgore (Director)
  • Compensation: $33,474
  • Related: $0
  • Other: $0


  • Official website here: www.core.coop

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

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


    Official website here: www.core.coop

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

    Mission Statement of Core Electric Cooperative

    Core Electric Cooperative, established as a rural electric distribution cooperative, is dedicated to providing electric utility service within its designated service territory. Founded with a mission to distribute electricity, this cooperative has grown to serve over 174,000 active service locations in various communities spread across 11 Colorado counties.

    In the heart of Colorado, Core Electric Cooperative plays a pivotal role in bringing essential electricity to rural areas. By delivering reliable and consistent power to its members, the cooperative enhances the quality of life and supports the economic development of the regions it serves. The cooperative's primary focus remains on ensuring access to electricity for every household and business within its jurisdiction.

    Core Electric Cooperative's commitment to its members goes beyond just providing electricity. By being a part of the local communities, the cooperative fosters a strong sense of connection and engagement. Through collaboration and partnerships with various organizations, it strives to create sustainable solutions and contribute to the overall progress and prosperity of the regions it serves.

    Impact

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




    Thursday, August 15, 2024

    Core Electric Cooperative's impact is significant in providing electrical utility services to over 174,000 active service locations in 11 counties in Colorado. By establishing itself as a rural electric distribution cooperative, Core Electric Cooperative plays a crucial role in ensuring reliable access to electricity for residents and businesses in its service territory.





    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: $314,935
  • Program Service Revenue: $344,763,000
  • Gross Receipts: $345,146,571

    • Assets and Liabilities:
  • Total Assets: $1,250,610,468
  • Total Liabilities: $868,479,051
  • Net Assets: $382,131,417
  • Programs

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

    DISTRIBUTION OF ELECTRICITY

    Revenue

    $336,603,161

    PATRONAGE CAPITAL CREDITS

    Revenue

    $4,994,474

    JOINT POLE REVENUE

    Revenue

    $1,569,413

    OTHER SERVICE REVENUES

    Revenue

    $1,053,149

    ALL OTHER PROGRAM SERVICE

    Revenue

    $542,803

    Organization Details

    Founding Year

    1938

    Principal Officer

    Jeffrey M Baudier

    Main Address

    5496 N US HWY 85, SEDALIA, CO, 80135

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Core Electric Cooperative 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.