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EIN 56-0168825

Carteret-Craven Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
82
City
Newport
State
North Carolina
Year formed
1940
Most recent tax filings
2024-12-01
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
$75,188,403
2024
Total expenses
$71,135,832
2024
Total assets
$140,843,073
2024
Num. employees
82
2024

Program areas at Carteret-Craven Electric Cooperative

Electric distribution cooperative supplying electric power to a membership of 36,167 members with 43,136 metered electric services.

Who funds Carteret-Craven Electric Cooperative

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

Financials for Carteret-Craven Electric Cooperative

RevenuesFYE 12/2024
Total grants, contributions, etc.$0
Program services$72,348,688
Investment income and dividends$878,992
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$1,960,723
Total revenues$75,188,403

Organizations like Carteret-Craven Electric Cooperative

OrganizationLocationRevenue
Energyunited Electric Membership CorporationStatesville, NC$289,954,202
Golden Valley Electric AssociationFairbanks, AK$295,865,368
Dixie Electric Power AssociationLaurel, MS$128,490,396
Dakota Energy CooperativeHuron, SD$27,659,641
Missoula Electric CooperativeMissoula, MT$26,003,866
Southeastern Indiana Rural Electric Membership CorporationOsgood, IN$36,023,965
Consumers PowerPhilomath, OR$51,938,913
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,012,967
Allamakee-Clayton Electric CooperativePostville, IA$24,313,866
South Kentucky Rural Electric Cooperative CorporationSomerset, KY$153,526,188
Data update history
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $10,086 from North Carolina Electric Membership Corporation
November 2, 2024
Updated personnel
Identified 5 new personnel
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
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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