Overview
What is Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc, based in Artesia, New Mexico, is a member-focused nonprofit organization dedicated to providing electric energy to rural areas at cost on a cooperative basis. With 93 employees, they allocate patronage capital to offer electric services to 15,231 active accounts. Their mission goes beyond just energy provision, striving for personalized quality service and contributing to the economic vitality of their community.
Official website here: www.cvecoop.org
Is Central Valley Electric Cooperative Inc legitimate?
Central Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Valley 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: $970,212
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,440,940
For more financial information, click here
Official website here: www.cvecoop.org
What is the mission statement of Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc is a member-focused electric cooperative, dedicated to delivering personalized quality service to its rural community members. The cooperative's primary mission is to provide electric energy on a cooperative basis, with a commitment to allocating patronage capital. At the end of the year, there were 15,231 active services being provided by the cooperative. The cooperative is dedicated to ensuring the economic vitality of its community by offering electric energy in a cooperative manner. It prioritizes the needs of its members, aiming to build a strong and sustainable energy infrastructure for its rural community.
Official website here: www.cvecoop.org
Who is the CEO of Central Valley Electric Cooperative Inc?
Charles Pinson is the President of Central Valley Electric Cooperative Inc.
Official website here: www.cvecoop.org
What is the revenue of Central Valley Electric Cooperative Inc?
Central Valley Electric Cooperative Inc's revenue in 2022 was $89,450,287.
Official website here: www.cvecoop.org
Who are the executives of Central Valley Electric Cooperative Inc and what are their salaries?
The average compensation at Central Valley Electric Cooperative Inc during 2022 was $58,184. There are 93 employees at Central Valley Electric Cooperative Inc.
Here are 14 key members and their salaries:
- Charles Pinson Jr (General Manager & Executive Vp)
- Michael Anderson (Mgr Of Finance & Administration)
- Wade Nelson (Mgr Of Distribution Engine)
- Philip Mckee (Mgr Of Operations Engineer)
- Aaron Horner (Line Superintendent)
- Steve Davis (Working Foreman)
- Luke Davis (Serviceman)
- Rusty Gwynne (Trustee)
- Charles Wagner (President) [Trustee/Director]
- Michael Bennett (Vice President) [Trustee/Director]
- Wesley Pilley (Secretary/Treasurer) [Trustee/Director]
- Steve Spence (Trustee)
- Jason Ciempa (Trustee)
- Larry Benedict (Trustee)
Official website here: www.cvecoop.org
Where can I find the form 990 for Central Valley Electric Cooperative Inc?
The Central Valley Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cvecoop.org
Learn more at the official website: www.cvecoop.org
Mission Statement of Central Valley Electric Cooperative Inc
Central Valley Electric Cooperative Inc, a member-focused electric cooperative, is dedicated to delivering personalized quality service to its members. This cooperative is committed to providing electric energy to rural communities on a cooperative basis. The allocation of patronage capital is a crucial aspect of Central Valley Electric's operations, allowing it to meet the power needs of its members effectively.
Central Valley Electric's mission goes beyond just supplying electricity. It is a community-oriented organization that prioritizes the economic vitality of the area it serves. The cooperative's emphasis on personalized service ensures that each member receives the attention and care they deserve. With 15,231 active services at year end, Central Valley Electric has a significant impact on the lives of its members, keeping them connected and powered.
Impact
This information is meant to be a general summary of Central Valley 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 Valley Electric Cooperative Inc's impact lies in providing essential electric energy to rural areas, ensuring that residents have access to reliable power at cost on a cooperative basis. By serving 15,231 active services at year-end, the cooperative plays a crucial role in meeting the energy needs of its members in that region. Central Valley Electric is dedicated to personalized quality service for its members and aims to contribute to the economic vitality of the community 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
$89,003,991
PATRONAGE DIVIDENDS
Revenue
$258,608
SERVICE FEES
Revenue
$15,540
OTHER PROGRAM REVENUE
Revenue
$6,480
Organization Details
Founding Year
1937
Phone
(575) 746-3571
Principal Officer
Charles Pinson
Main Address
PO BOX 230, ARTESIA, NM, 88211
Website
www.cvecoop.org
NTEE Category
Code: W80 - Public benefit
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