Public Charity

CARTERET-CRAVEN ELECTRIC COOPERATIVE

CARTERET-CRAVEN ELECTRIC COOPERATIVE, of Newport, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $81.6M in revenue, $82.0M in expenses, $135.6M in total assets. 9 publicly reported grants to this organization, totaling roughly $93K, appear in IRS filings.

EIN: 560168825 Newport, NC Latest filing: 2025
Total Revenue$81.6M
Total Expenses$82.0M
Total Assets$135.6M
Grant Records9
Funding Total$93K
Filing Years2021–2025

Mission

To provide safe, reliable, and affordable electric service to our member/owners.

Sample Grants Received

$10,086
$10,086
$10,086
$10,086
$9,316

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

Secretary Alvin West
President Amy L Lock
Director Anthony Nelson
Treasurer Ben S Ball
VP of Customer Services Cheryl Slater
Director Deloria Y Irby

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL ASSISTANCE
$92,608 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $81.6M $82.0M $135.6M
2024 $75.2M $71.1M $140.8M
2023 $72.4M $68.4M $134.3M
2022 $70.1M $67.0M $132.2M
2021 $69.6M $63.6M $137.3M

Between 2021 and 2025, reported annual revenue grew from $69.6M to $81.6M (+17%), with total assets most recently reported at $135.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CARTERET-CRAVEN ELECTRIC COOPERATIVE

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