Central Electric Power Cooperative
501(c)(12)
100% goes to programs Strong reserves
Central Electric Power Cooperative is a 501(c)(12) organization based in Jefferson Cty, Missouri, registered in 1957, with $253,080,355 in FY2023 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
2106 Jefferson St, Jefferson Cty, MO, 65109 EIN 44-0542660 Since 1957
Revenue (FY2023)
$253.1M
▲ 8.7% vs prior year
Expenses (FY2023)
$253.2M
Net assets
$242.6M
Employees
123
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Electric Power Cooperative: 100% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Electric Power Cooperative: 11 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Electric Power Cooperative: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Electric Power Cooperative: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Central electric power is a generation and transmission cooperative providing energy to distribution cooperatives in central missouri.
Contact & location
- Address
- 2106 Jefferson St, Jefferson Cty, MO, 65109
- City
- Jefferson Cty
- State
- Missouri
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $214.3M (FY2016) to $253.1M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $306.6MNet assets $242.6M
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$549.2M
Total liabilities
$306.6M
Net assets
$242.6M
Salaries & benefits
$4.1M
2% of expenses
Board members
18
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $253,080,355▲8.7% | $253,184,914▲8.4% | $242,604,453▲6.2% | $549,204,636▲11.2% | 990 |
| 2022 | $232,745,928▲3.6% | $233,628,068▲3.9% | $228,431,245▲0.5% | $493,963,343▲3.2% | 990 |
| 2021 | $224,762,707▼0.5% | $224,917,253▼0.7% | $227,324,380▲3.3% | $478,589,080▲4.4% | 990 |
| 2020 | $225,997,456▲0.1% | $226,476,802▲0.3% | $220,136,201▲3.5% | $458,408,606▲4.5% | 990 |
| 2019 | $225,843,758▼5.2% | $225,843,758▼5.2% | $212,775,713▲3.6% | $438,770,623▲10.0% | 990 |
| 2018 | $238,227,583▲10.5% | $238,227,583▲10.5% | $205,295,830▲4.0% | $398,761,452▲7.2% | 990 |
| 2017 | $215,611,986▲0.6% | $215,611,986▲0.6% | $197,318,006▲2.7% | $371,885,142▲3.7% | 990 |
| 2016 | $214,331,085 | $214,331,085 | $192,199,706 | $358,539,543 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Christopher M Turner — $790,309 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher M Turner | Ceogeneral Manager | 40 | $790,309 |
| Adam M Weber | Vp of Transmission Services | 40 | $243,957 |
| Michael B Bax | Vp of Engineering | 40 | $243,681 |
| Mark Newbold | Vp of Admin Services | 40 | $235,808 |
| Steven Roddy | Cfovp of Finance | 40 | $216,431 |
| Daniel Wortmann | Vp of Information Technology | 40 | $201,730 |
| Christopher Duncan | Vp of Telecommunications | 40 | $194,945 |
| Kirby Ernst | Manager of Accounting | 40 | $163,758 |
| Nancy Gibler | Vp of Business Development | 40 | $155,437 |
| Adam Seaver | General Superintendent | 40 | $152,503 |
| Randall Bock | Mgr of Network&software Devel | 40 | $148,192 |
| Janice Coffelt | Mgr of Materials&ser | 40 | $143,287 |
| Jeff Kremer | Mgr of Safety & Hr | 40 | $141,283 |
| Andrew Carlos | Mgr of Protection & Control | 40 | $139,522 |
| Joel Bullard | Director | 5 | $12,000 |
| Dale Kriby | Director | 3 | $11,250 |
| Garnett Garrett | Director | 3 | $11,250 |
| Robert Leftwich | Director | 3 | $11,250 |
| Rodney Schad | Director | 3 | $11,250 |
| Tom Loehner | Director | 2 | $11,250 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bl Electrical Contractors Inc | Line Construction | $8,965,152 |
| Hentges Tree Service Inc | Right of Way | $1,121,211 |
| Contract Land Staff LLC | Easements | $645,546 |
| Apex Row LLC | Right of Way | $242,325 |
| Joseph Chapman Construction | Right of Way | $203,003 |
Grants received · $377K total
1 grant to Central Electric Power Cooperative totaling $377K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cuivre River Electric Cooperative Incorporated | General programming | 2023 | $376,655 |
Frequently asked questions
- Is Central Electric Power Cooperative a legitimate nonprofit?
- Yes. Central Electric Power Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 44-0542660, based in Jefferson Cty, Missouri.
- What is Central Electric Power Cooperative's EIN?
- Central Electric Power Cooperative's Employer Identification Number (EIN) is 44-0542660.
- How much revenue does Central Electric Power Cooperative report?
- Central Electric Power Cooperative reported $253,080,355 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Central Electric Power Cooperative's spending goes to programs?
- Central Electric Power Cooperative spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Electric Power Cooperative have?
- CharityIndex grades Central Electric Power Cooperative A, based on program efficiency and fundraising cost.
- How much does Central Electric Power Cooperative's highest-paid employee make?
- The highest reported compensation on Central Electric Power Cooperative's latest Form 990 is $790,309, paid to Christopher M Turner (Ceogeneral Manager).
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Data for Central Electric Power Cooperative (EIN 44-0542660) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.