Mission
To provide safe, reliable, and affordable electric service to our member/owners.
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
Where $100 goes at Carteret-Craven Electric Cooperative
How Carteret-Craven Electric Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The Cooperative distributes electric power to its member/owners, serving 36,464 members and 43,756 metered electric services within its service territory
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATIONAL ASSISTANCE
$10,086
EDUCATIONAL ASSISTANCE
$10,086
EDUCATIONAL ASSISTANCE
$10,086
EDUCATIONAL ASSISTANCE
$10,086
EDUCATIONAL ASSISTANCE
$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
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.