Central Electric Cooperative Inc

Redmond, OR
Tax-exempt since July 1940
EIN: 93-0137415

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$72.8M (2023)

Expenses

$71.3M (2023)

Total Assets

$259M (2023)

Total Liabilities

$86.5M (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

Revenue

$72,760,199

Expenses

$71,314,031

Net Income

$1,446,168

Net Assets

$172,496,825

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$70,253,518	96.6%
Investment Income	$100,290	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$8,338	0.0%
Net Fundraising	$0
Sales of Assets	$488,013	0.7%
Net Inventory Sales	$0
Other Revenue	$1,910,040	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,160,701	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$258,999,374
Total Liabilities	$86,502,549
Net Assets	$172,496,825

Club or Co-Op Income
Income From Members	$75,049,976
Income From Other Sources	$9,847,742

Compensation

Key Employees and Officers	Compensation	Related	Other
Dave Markham (Ceo/President (Thru 07/23))	$1,023,438	$0	$50,927
Brad Wilson (Ceo/President)	$360,660	$0	$127,581
Todd Fehrenbacher (Serviceman)	$211,205	$0	$88,222
Chris Laite (Lineman)	$208,271	$0	$101,782
Shane Morgan (Vp Finance & Accounting)	$205,064	$0	$41,318
Kevin Rohde (Vp Operations/Engineering)	$202,733	$0	$60,157
Jason Beverly (Meter Technician)	$201,309	$0	$69,915
Ryan Davies (Vp Customer & Energy Services)	$198,529	$0	$73,316
Boyd Keeton (Director)	$51,263	$0	$0
Eddie Kip Light (Chairman)	$36,761	$0	$0
Mark Christie (Director)	$35,155	$0	$0
Tom Strand (Director)	$35,020	$0	$0
Beverly Clarno (Director)	$34,169	$0	$0
Ken Miltenberger (Secretary/Treasurer)	$23,261	$0	$0
Kelly Mcfarlane (Vice Chairman)	$22,152	$0	$0
Sam Mckenzie (Director)	$21,408	$0	$0
Dan Steelhammer (Director)	$21,332	$0	$0

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990

Filed on Nov. 8, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$71,137,265

Expenses

$65,129,837

Net Income

$6,007,428

Net Assets

$164,848,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$70,131,913	98.6%
Investment Income	$106,430	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,885	0.0%
Net Fundraising	$0
Sales of Assets	$28,473	0.0%
Net Inventory Sales	$0
Other Revenue	$862,564	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,296,902	3.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$249,796,984
Total Liabilities	$84,948,126
Net Assets	$164,848,858

Club or Co-Op Income
Income From Members	$76,769,309
Income From Other Sources	$9,390,315

Compensation

Key Employees and Officers	Compensation	Related	Other
Dave Markham (President/Ceo)	$785,813	$55,456	$714,273
Rawleigh White (Chief Financial Director)	$243,742	$14,615	$40,826
Brad Wilson (Director Of Operations & Engineering)	$218,178	$0	$167,155
Chris Laite (Lineman)	$214,895	$0	$92,180
Jason Beverly (Meter Technician)	$198,810	$0	$88,051
James Burford (Foreman/Lineman)	$198,171	$0	$85,526
Todd Fehrenbacher (Serviceman)	$187,241	$0	$129,891
Grant Perryman (Meter Technician)	$176,942	$0	$121,060
Boyd Keeton (Director)	$27,437	$2,300	$26,973
Kip Light (Chairman)	$8,701	$2,100	$26,978
Ken Miltenberger (Secretary/Treasurer)	$7,301	$2,400	$15,933
Kelly Mc Farlane (Vice Chairman)	$7,081	$2,300	$14,891
Beverly Clarno (Director)	$6,588	$2,300	$26,973
Tom Strand (Director)	$4,534	$2,300	$29,718
Mark Christie (Director)	$3,038	$1,900	$24,596
Dan Steelhammer (Director)	$1,755	$3,150	$25,117
Shane Morgan (Director)	$0	$1,900	$11,878

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990

Filed on Nov. 1, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$105,052,324

Expenses

$62,966,108

Net Income

$42,086,216

Net Assets

$159,322,912

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$67,597,135	64.3%
Investment Income	$140,843	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,480	0.0%
Net Fundraising	$0
Sales of Assets	$21,488	0.0%
Net Inventory Sales	$0
Other Revenue	$37,283,378	35.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,499,106	4.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$242,542,165
Total Liabilities	$83,219,253
Net Assets	$159,322,912

Club or Co-Op Income
Income From Members	$73,988,633
Income From Other Sources	$10,359,416

Compensation

Key Employees and Officers	Compensation	Related	Other
Dave Markham (President/Ceo)	$687,660	$51,842	$360,616
Shirley Mc Cullough (Director)	$478,286	$0	$958
Rawleigh White (Chief Financial Director)	$416,158	$20,000	$197,392
Brad Wilson (Director Of Operations & Engineering)	$214,317	$0	$165,616
James Burford (Foreman/Lineman)	$213,020	$0	$100,816
Chris Laite (Serviceman)	$210,694	$0	$86,745
Jason Beverly (Meter Technician)	$199,950	$0	$71,838
Grant Perryman (Meter Technician)	$174,027	$0	$112,034
Lisa Cutter (Corporate Information Officer)	$172,741	$0	$182,097
Boyd Keeton (Director)	$33,595	$2,500	$25,377
William Rainey (Director)	$8,391	$3,050	$4,942
Dan Steelhammer (Director)	$7,213	$3,500	$25,381
Ken Miltenberger (Secretary/Treasurer)	$6,771	$2,600	$15,018
Kip Light (Chairman)	$6,287	$2,300	$25,381
Kelly Mc Farlane (Vice Chairman)	$6,263	$2,300	$13,998
Beverly Clarno (Director)	$6,135	$2,500	$25,377
Tom Strand (Director)	$4,643	$2,500	$27,043
Shane Morgan (Director)	-$437	$1,900	$8,885

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990

Filed on Oct. 31, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$66,345,426

Expenses

$64,380,155

Net Income

$1,965,271

Net Assets

$116,777,850

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$65,277,873	98.4%
Investment Income	$111,976	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,832	0.0%
Net Fundraising	$0
Sales of Assets	$343	0.0%
Net Inventory Sales	$0
Other Revenue	$945,402	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,494,683	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$210,683,076
Total Liabilities	$93,905,226
Net Assets	$116,777,850

Club or Co-Op Income
Income From Members	$69,178,237
Income From Other Sources	$1,476,737

Compensation

Key Employees and Officers	Compensation	Related	Other
Dave Markham (President/Ceo)	$416,125	$50,196	$304,326
Rawleigh White (Chief Financial Officer)	$252,929	$20,000	$156,511
Terrance Shine (Journeyman Meter/Relay Technician)	$207,235	$0	$142,061
Brad Wilson (Director Of Operations & Engineering)	$205,383	$0	$174,898
Chris Laite (Serviceman)	$197,738	$0	$71,767
James Burford (Foreman/Line Foreman)	$180,213	$0	$86,450
Jason Beverly (Serviceman)	$175,136	$0	$62,998
Lisa Cutter (Corporate Information Officer)	$165,460	$0	$161,201
William B Keeton (Chairman)	$32,184	$2,900	$25,377
Ken Miltenberger (Secretary/Treasurer)	$5,995	$3,100	$15,018
Dan Steelhammer (Director)	$5,812	$3,100	$25,382
William J Rainey (Director)	$5,680	$8,550	$4,942
Kelly Mcfarlane (Director)	$5,527	$2,900	$13,998
Beverly Clarno (Director)	$4,656	$3,100	$25,377
Kip Light (Vice Chairman)	$4,387	$2,800	$25,382
Tom Strand (Director)	$3,725	$3,100	$26,495
Shirley Mccullough (Director)	$1,393	$3,100	$17,693

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990

Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$63,551,413

Expenses

$58,655,254

Net Income

$4,896,159

Net Assets

$114,367,020

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,686,173	97.1%
Investment Income	$201,466	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,832	0.0%
Net Fundraising	$0
Sales of Assets	$56,386	0.1%
Net Inventory Sales	$0
Other Revenue	$1,597,556	2.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,479,994	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$203,210,154
Total Liabilities	$88,843,134
Net Assets	$114,367,020

Club or Co-Op Income
Income From Members	$6,470,286
Income From Other Sources	$1,816,343

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$61,774,080

Expenses

$56,383,672

Net Income

$5,390,408

Net Assets

$109,030,258

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$59,712,096	96.7%
Investment Income	$198,477	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,791	0.0%
Net Fundraising	$0
Sales of Assets	-$54,539
Net Inventory Sales	$0
Other Revenue	$1,908,255	3.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,359,397	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$200,660,846
Total Liabilities	$91,630,588
Net Assets	$109,030,258

Club or Co-Op Income
Income From Members	$62,620,497
Income From Other Sources	$1,418,163

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$65,667,337

Expenses

$55,556,981

Net Income

$10,110,356

Net Assets

$103,302,903

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,762,613	94.1%
Investment Income	$135,581	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,904	0.0%
Net Fundraising	$0
Sales of Assets	-$2,459
Net Inventory Sales	$0
Other Revenue	$3,761,698	5.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,307,342	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$197,997,789
Total Liabilities	$94,694,886
Net Assets	$103,302,903

Club or Co-Op Income
Income From Members	$64,272,094
Income From Other Sources	$1,367,428

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$58,359,141

Expenses

$52,613,484

Net Income

$5,745,657

Net Assets

$92,774,672

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$57,606,650	98.7%
Investment Income	$104,095	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,903	0.0%
Net Fundraising	$0
Sales of Assets	-$92,500
Net Inventory Sales	$0
Other Revenue	$730,993	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,319,720	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$186,444,261
Total Liabilities	$93,669,589
Net Assets	$92,774,672

Club or Co-Op Income
Income From Members	$60,008,744
Income From Other Sources	$1,074,582

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$57,915,476

Expenses

$51,117,060

Net Income

$6,798,416

Net Assets

$86,711,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$54,901,049	94.8%
Investment Income	$107,631	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$10,345	0.0%
Net Fundraising	$0
Sales of Assets	-$37,561
Net Inventory Sales	$0
Other Revenue	$2,934,012	5.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,540,082	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$182,684,163
Total Liabilities	$95,972,646
Net Assets	$86,711,517

Club or Co-Op Income
Income From Members	$57,938,371
Income From Other Sources	$811,519

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$55,425,698

Expenses

$50,649,864

Net Income

$4,775,834

Net Assets

$79,664,774

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,094,963	95.8%
Investment Income	$110,924	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$9,600	0.0%
Net Fundraising	$0
Sales of Assets	-$2,477
Net Inventory Sales	$0
Other Revenue	$2,212,688	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,320,772	2.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$179,752,338
Total Liabilities	$100,087,564
Net Assets	$79,664,774

Club or Co-Op Income
Income From Members	$55,312,169
Income From Other Sources	$650,692

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$56,134,781

Expenses

$49,102,021

Net Income

$7,032,760

Net Assets

$74,513,996

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$52,153,702	92.9%
Investment Income	$100,383	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,400	0.0%
Net Fundraising	$0
Sales of Assets	-$17,249
Net Inventory Sales	$0
Other Revenue	$3,890,545	6.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,274,617	2.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$176,781,351
Total Liabilities	$102,267,355
Net Assets	$74,513,996

Club or Co-Op Income
Income From Members	$54,218,336
Income From Other Sources	$948,163

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$51,010,089

Expenses

$45,098,449

Net Income

$5,911,640

Net Assets

$67,347,585

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$49,532,598	97.1%
Investment Income	$136,963	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,200	0.0%
Net Fundraising	$0
Sales of Assets	-$37,268
Net Inventory Sales	$0
Other Revenue	$1,370,596	2.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,248,636	2.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$174,323,953
Total Liabilities	$106,976,368
Net Assets	$67,347,585

Club or Co-Op Income
Income From Members	$50,678,322
Income From Other Sources	$732,815

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$51,582,802

Expenses

$47,253,719

Net Income

$4,329,083

Net Assets

$61,349,491

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$49,922,158	96.8%
Investment Income	$279,921	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$7,000	0.0%
Net Fundraising	$0
Sales of Assets	-$12,925
Net Inventory Sales	$0
Other Revenue	$1,386,648	2.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,155,865	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$169,305,051
Total Liabilities	$107,955,560
Net Assets	$61,349,491

Club or Co-Op Income
Income From Members	$50,766,845
Income From Other Sources	$771,328

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2006

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

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Updated December 20, 2024

Central Electric Cooperative Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $72.8M (2023)

Expenses $71.3M (2023)

Total Assets $259M (2023)

Total Liabilities $86.5M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Revenue

$72.8M (2023)

Expenses

$71.3M (2023)

Total Assets

$259M (2023)

Total Liabilities

$86.5M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004