Central Electric Cooperative
Nonprofit profile at a glance
- EIN
- 930137415
- IRS 990 coverage
- 2020–2025
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2025
- Location
- Redmond, OR, USA
- Phone
- (541) 548-2144
- Rating confidence
- Limited
Reported finances
- Revenue
- $82,040,346
- Expenses
- $81,104,597
- Assets
- $283,070,011
- Liabilities
- $99,862,727
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- BRAD WILSON (CEO/PRESIDENT)
Highest reported compensation
- BRAD WILSON (CEO/PRESIDENT): $1,060,482 total reported compensation
- RYAN DAVIES (VP CUSTOMER & ENERGY SERVICES): $445,923 total reported compensation
- CHRIS LAITE (SERVICEMAN): $405,297 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A member-owned, not-for-profit electric cooperative, Central Electric Cooperative provides electricity to 31,733 accounts.
What it reported doing in 2025
Distribution of power to rural electric members
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 63
- Accountability: 100
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 7th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 15.5%; rating input score 16; 7th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 3.49; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 40th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 7 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.1M · 16 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.1M reported
- Consistency: 12 of 13 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 18 filed money-flow records
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Grant itemization coverage scored 16/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 26/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.