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EIN 56-0168825

Carteret-Craven Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
81
City
Newport
State
North Carolina
Year formed
1940
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Carteret-Craven Electric Cooperative is an electric distribution cooperative providing electric power to 35,583 members with 40,589 metered electric services in Newport, NC.
Also known as...
Carteret-Craven Electric Membership Corporation
Total revenues
$72,417,120
2023
Total expenses
$68,415,516
2023
Total assets
$134,267,975
2023
Num. employees
81
2023

Program areas at Carteret-Craven Electric Cooperative

Electric distribution cooperative supplying electric power to a membership of 35,773 members with 42,604 metered electric services.

Who funds Carteret-Craven Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Electric Membership CorporationEducational Assistance$10,086

Personnel at Carteret-Craven Electric Cooperative

NameTitleCompensation
Jake JoplinChief Executive Officer$314,334
Tara AldermanVice President of Finance and Accounting$127,120
James R CarrVice President of It Systems$139,824
Cheryl SlaterVice President of Customer Services$151,095
Will PittmanVice President of Engineering$176,259
...and 9 more key personnel

Financials for Carteret-Craven Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$69,229,398
Investment income and dividends$1,388,446
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,799,276
Total revenues$72,417,120

Form 990s for Carteret-Craven Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-10990View PDF
2022-122023-05-01990View PDF
2021-122022-04-28990View PDF
2020-122021-04-27990View PDF
2019-122020-12-14990View PDF
...and 9 more Form 990s

Organizations like Carteret-Craven Electric Cooperative

OrganizationLocationRevenue
Presque Isle Electric & Gas Co-opOnaway, MI$60,694,805
Golden Valley Electric AssociationFairbanks, AK$290,488,698
Energyunited Electric Membership CorporationStatesville, NC$283,002,756
Dakota Energy CooperativeHuron, SD$25,787,850
Dixie Electric Power AssociationLaurel, MS$128,490,396
Butler Rural Electric CooperativeOxford, OH$36,467,194
Salt River Electric CooperativeBardstown, KY$134,671,914
Southside Electric CooperativeCrewe, VA$143,326,007
Citizens Electric CorporationPerryville, MO$140,040,021
East Mississippi Electric Power AssociationMeridian, MS$95,947,513
Data update history
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 11, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
PO Box 1490
Newport, NC 28570
County
Carteret County, NC
Website URL
ccemc.com/ 
Phone
(252) 247-3107
IRS details
EIN
56-0168825
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1940
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Independent
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