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Craig Botetourt Electric Co Operative

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$17.1M (2023)

Expenses
$15.1M (2023)

Total Assets
$42.9M (2023)

Total Liabilities
$28.5M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,118,120
Expenses
$15,087,695
Net Income
$2,030,425
Net Assets
$14,382,864
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,440,550
96.0%
Investment Income $73,300
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $334,351
2.0%
Net Fundraising $0
Sales of Assets $8,055
0.0%
Net Inventory Sales $0
Other Revenue $261,864
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $414,530
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,709,771
11.3%
Assets/Debt
Total Assets $42,885,957
Total Liabilities $28,503,093
Net Assets $14,382,864
Club or Co-Op Income
Income From Members $14,698,834
Income From Other Sources $1,987,855
Compensation
Key Employees and Officers Compensation Related Other
Jeff M Ahearn (Ceo) $171,453 $0 $57,964
Josh Ouellette (Line Foreman) $105,397 $0 $24,150
Tim Kaczmarski (Director Of) $103,135 $0 $40,978
Jc Winstead (Asst Secreta) $7,600 $0 $0
James E Huffman (President) $7,400 $0 $0
Frank R Garman Jr (Director) $7,200 $0 $0
Everette J Harlow (Secretary/Tr) $6,600 $0 $0
Patrick J Ryan (Vice Preside) $6,400 $0 $0
Travis Shrewsbury (Director) $5,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,725,716
Expenses
$15,306,059
Net Income
$419,657
Net Assets
$13,569,033
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,120,236
96.1%
Investment Income $57,004
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $331,273
2.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $217,203
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $370,749
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,761,835
11.5%
Assets/Debt
Total Assets $41,328,881
Total Liabilities $27,759,848
Net Assets $13,569,033
Club or Co-Op Income
Income From Members $14,952,112
Income From Other Sources $351,679
Compensation
Key Employees and Officers Compensation Related Other
Jeff M Ahearn (Ceo) $163,077 $0 $43,021
Tim Kaczmarski (Director Of) $90,008 $0 $34,423
Jc Winstead (Director) $7,870 $0 $0
Frank R Garman Jr (President) $7,800 $0 $0
Everette J Harlow (Director) $6,600 $0 $0
Patrick J Ryan (Secretary/Tr) $6,550 $0 $0
James E Huffman (Vice Preside) $6,400 $0 $0
Travis Shrewsbury (Asst Secreta) $5,000 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,868,268
Expenses
$13,736,144
Net Income
$132,124
Net Assets
$14,469,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,521,876
97.5%
Investment Income $12,670
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $311,091
2.2%
Net Fundraising $0
Sales of Assets $26,181
0.2%
Net Inventory Sales $0
Other Revenue -$3,550
Notable Expenses Percent of Total Expenses
Executive Compensation $214,738
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,639,992
11.9%
Assets/Debt
Total Assets $37,707,997
Total Liabilities $23,238,782
Net Assets $14,469,215
Club or Co-Op Income
Income From Members $13,383,322
Income From Other Sources $324,949
Compensation
Key Employees and Officers Compensation Related Other
Jeff M Ahearn (Ceo) $137,626 $0 $43,512
James E Huffman (Vice Preside) $6,200 $0 $0
Jc Winstead (Director) $6,200 $0 $0
Patrick J Ryan (Secretary/Tr) $5,600 $0 $0
Frank R Garman Jr (President) $5,200 $0 $0
Travis Shrewsbury (Asst Secreta) $4,800 $0 $0
Everette J Harlow (Director) $3,000 $0 $0
Jasper B Persinger Jr (Director) $2,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,661,501
Expenses
$12,657,851
Net Income
$1,003,650
Net Assets
$13,657,115
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,396,958
98.1%
Investment Income $15,591
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $307,681
2.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$58,729
Notable Expenses Percent of Total Expenses
Executive Compensation $190,053
1.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,621,137
12.8%
Assets/Debt
Total Assets $36,850,152
Total Liabilities $23,193,037
Net Assets $13,657,115
Club or Co-Op Income
Income From Members $12,317,044
Income From Other Sources $1,098,548
Compensation
Key Employees and Officers Compensation Related Other
Jeff M Ahearn (Ceo) $121,447 $0 $36,724
Jc Winstead (President) $6,200 $0 $0
James E Huffman (Secretary/Tr) $6,000 $0 $0
Jasper B Persinger Jr (Director) $5,600 $0 $0
Frank R Garman Jr (Vice Preside) $5,400 $0 $0
Patrick J Ryan (Asst Secreta) $5,400 $0 $0
Clell R Clemons Jr (Director) $3,282 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,676,113
Expenses
$13,506,862
Net Income
$169,251
Net Assets
$12,991,472
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,573,821
99.3%
Investment Income $100,702
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,590
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $211,912
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $141,648
1.0%
Assets/Debt
Total Assets $34,470,735
Total Liabilities $21,479,263
Net Assets $12,991,472
Club or Co-Op Income
Income From Members $13,287,036
Income From Other Sources $100,702
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (Chief Executive Officer) $128,255 $0 $47,083
Jeff M Ahearn (General Manager) $49,257 $0 $8,084
James E Huffman (Secretary/Treasurer) $7,200 $0 $0
Jasper B Persigner Jr (Director) $6,400 $0 $0
Jc Winstead (President) $6,400 $0 $0
Frank R Garman Jr (Vice President) $6,200 $0 $0
Patrick J Ryan (Asst Secretary/Treasurer) $6,000 $0 $0
Clell R Clemons Jr (Director) $5,800 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,228,024
Expenses
$12,857,662
Net Income
$370,362
Net Assets
$13,090,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,056,855
98.7%
Investment Income $140,908
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,261
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $184,343
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $165,696
1.3%
Assets/Debt
Total Assets $32,892,039
Total Liabilities $19,801,461
Net Assets $13,090,578
Club or Co-Op Income
Income From Members $12,764,163
Income From Other Sources $140,908
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (Chief Executive Officer) $155,143 $0 $52,245
James E Huffman (Director) $6,800 $0 $0
Patrick J Ryan (Director) $6,200 $0 $0
Frank R Garman Jr (Secretary/Treasurer) $5,600 $0 $0
Clell R Clemons Jr (Asst Secretary/Treasurer) $5,400 $0 $0
Jc Winstead (Vice President) $5,200 $0 $0
Jasper B Persinger Jr (President) $5,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,138,678
Expenses
$11,823,986
Net Income
$314,692
Net Assets
$12,822,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,956,559
98.5%
Investment Income $170,465
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,654
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $163,314
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $130,647
1.1%
Assets/Debt
Total Assets $30,968,900
Total Liabilities $18,146,686
Net Assets $12,822,214
Club or Co-Op Income
Income From Members $11,692,102
Income From Other Sources $170,465
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (Chief Executive Officer) $137,714 $0 $47,438
James E Huffman (Director) $6,000 $0 $0
Patrick J Ryan (Director) $5,200 $0 $0
Clell R Clemons Jr (Asst Secretary/Treasurer) $5,000 $0 $0
Frank R Garman Jr (Secretary/Treasurer) $5,000 $0 $0
Jasper B Persinger Jr (President) $5,000 $0 $0
Jc Winstead (Vice President) $4,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,353,486
Expenses
$11,729,236
Net Income
$624,250
Net Assets
$12,542,173
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,265,181
99.3%
Investment Income $83,920
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,385
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $157,483
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $128,580
1.1%
Assets/Debt
Total Assets $29,951,125
Total Liabilities $17,408,952
Net Assets $12,542,173
Club or Co-Op Income
Income From Members $12,006,164
Income From Other Sources $83,920
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (Chief Executive Officer) $121,283 $0 $43,438
Clell R Clemons Jr (Director) $6,400 $0 $0
James E Huffman (Director) $6,200 $0 $0
Jc Winstead (Secretary/Treasurer) $6,200 $0 $0
Jasper B Persinger Jr (Vice President) $6,000 $0 $0
Patrick J Ryan (President) $5,800 $0 $0
Frank R Garman Jr (Asst Secretary/Treasurer) $5,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,399,107
Expenses
$13,018,219
Net Income
-$619,112
Net Assets
$12,005,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,329,119
99.4%
Investment Income $70,214
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$226
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $149,196
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $133,756
1.0%
Assets/Debt
Total Assets $29,452,530
Total Liabilities $17,446,657
Net Assets $12,005,873
Club or Co-Op Income
Income From Members $12,071,049
Income From Other Sources $70,214
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (Chief Executive Officer) $116,196 $0 $41,950
Clell R Clemons Jr (Director) $6,000 $0 $0
James E Huffman (Director) $5,800 $0 $0
Frank R Garman Jr (Asst Secretary/Treasurer) $5,600 $0 $0
Jc Winstead (Secretary/Treasurer) $5,600 $0 $0
Patrick J Ryan (President) $5,400 $0 $0
Jasper B Persinger Jr (Vice President) $4,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,589,359
Expenses
$11,946,637
Net Income
$642,722
Net Assets
$12,783,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,551,539
99.7%
Investment Income $33,156
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,664
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,345
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $121,565
1.0%
Assets/Debt
Total Assets $31,690,508
Total Liabilities $18,906,981
Net Assets $12,783,527
Club or Co-Op Income
Income From Members $12,296,566
Income From Other Sources $33,156
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (General Manager) $112,145 $0 $41,958
Frank R Garman Jr (Director) $7,400 $0 $0
Clell R Clemons Jr (Director) $7,000 $0 $0
Jc Winstead (Asst. Secretary/Treasurer) $7,000 $0 $0
Patrick J Ryan (Vice President) $6,200 $0 $0
Jasper B Persinger Jr (Secretary Treasurer) $6,000 $0 $0
James E Huffman (President) $5,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,214,220
Expenses
$11,309,269
Net Income
$904,951
Net Assets
$12,320,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,099,956
99.1%
Investment Income $26,170
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $88,094
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $37,400
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $266,759
2.4%
Assets/Debt
Total Assets $31,947,891
Total Liabilities $19,627,025
Net Assets $12,320,866
Club or Co-Op Income
Income From Members $11,735,244
Income From Other Sources $114,264
Compensation
Key Employees and Officers Compensation Related Other
Shawn Hildebrand (General Manager) $107,738 $0 $45,435
Clell R Clemons Jr (Director) $7,400 $0 $0
Jc Winstead (Asst. Secretary/Treasurer) $6,800 $0 $0
James E Huffman (President) $6,400 $0 $0
Frank R Garman Jr (Director) $5,600 $0 $0
Patrick J Ryan (Vice President) $5,600 $0 $0
Jasper B Persinger Jr (Secretary Treasurer) $5,600 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,257,293
Expenses
$11,635,775
Net Income
$621,518
Net Assets
$11,524,942
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,217,608
99.7%
Investment Income $21,811
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,874
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $26,600
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $232,147
2.0%
Assets/Debt
Total Assets $28,811,998
Total Liabilities $17,287,056
Net Assets $11,524,942
Club or Co-Op Income
Income From Members $11,965,401
Income From Other Sources $39,685

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,456,660
Expenses
$12,716,065
Net Income
-$259,405
Net Assets
$11,016,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,426,264
99.8%
Investment Income $24,006
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,390
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $29,411
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $285,012
2.2%
Assets/Debt
Total Assets $28,750,440
Total Liabilities $17,733,603
Net Assets $11,016,837
Club or Co-Op Income
Income From Members $12,178,251
Income From Other Sources $30,396

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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