EIN 56-0168825

Carteret-Craven Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
81
City
Newport
Year formed
1940
Most recent tax filings
2022-12-01
NTEE code, primary
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
$70,087,411
2022
Total expenses
$66,951,412
2022
Total assets
$132,224,479
2022
Num. employees
81
2022

Program areas at Carteret-Craven Electric Cooperative

Electric distribution cooperative supplying electric power to a membership of 35,450 members with 42,374 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$300,549
Tara AldermanVice President of Finance and Accounting$115,839
James R CarrVice President of It Systems$139,824
Cheryl SlaterVice President of Customer Services$147,579
Will PittmanVice President of Engineering$174,600
...and 8 more key personnel

Financials for Carteret-Craven Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$22,152
Program services$67,519,128
Investment income and dividends$800,215
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$1,745,916
Total revenues$70,087,411

Form 990s for Carteret-Craven Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-01990View PDF
2021-122022-04-28990View PDF
2020-122021-04-27990View PDF
2019-122020-12-14990View PDF
2018-122019-06-19990View PDF
...and 8 more Form 990s

Organizations like Carteret-Craven Electric Cooperative

OrganizationLocationRevenue
Energyunited Electric Membership CorporationStatesville, NC$283,002,756
Golden Valley Electric AssociationFairbanks, AK$290,488,698
Presque Isle Electric & Gas Co-opOnaway, MI$55,556,588
Dakota Energy CooperativeHuron, SD$25,787,850
Tombigbee Electric CooperativeHamilton, AL$17,768,087
Vermont Electric CooperativeJohnson, VT$91,765,977
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Consumers PowerPhilomath, OR$47,215,867
Butler Rural Electric CooperativeOxford, OH$37,254,459
Tideland Electric Membership CorporationPantego, NC$52,138,305
Data update history
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Used new vendors
Identified 2 new vendors, including , and
May 15, 2023
Received grants
Identified 1 new grant, including a grant for $9,316 from North Carolina Electric Membership Corporation
May 14, 2023
Used new vendors
Identified 1 new vendor, including
August 12, 2022
Posted financials
Added Form 990 for fiscal year 2020
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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