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Nonprofiteer
← CAHEC MANAGEMENT INC

Form 990 for tax year 2023

Filed by CAHEC MANAGEMENT INC.

Totals

Total revenue
$32,418,235
Total expenses
$31,370,913
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$32,417,857
Investment income
$378
Other revenue
$0
Total assets, end of year
$10,595,361
Total liabilities, end of year
$5,381,201
Net assets or fund balances, end of year
$5,214,160
Program services expenses (Part IX)
$29,083,905
Management and general expenses
$2,287,008
Fundraising expenses
$0
Program service expenses (Part III)
$29,083,905

Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Barbara Jaco

    Vice President

    Total calculated
    $365,758
    From this org
    $332,334
    From related orgs
    $0
    Other
    $33,424
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $229,230
    Bonus
    $106,000
    Other
    -$2,896
    Deferred
    $25,262
    Nontaxable benefits
    $8,162
    Filer's total
    $365,758

  • Kyle Harrelson

    Manager of Finance and Accounting

    Total calculated
    $238,814
    From this org
    $195,164
    From related orgs
    $0
    Other
    $43,650
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,000
    Bonus
    $46,891
    Other
    -$15,727
    Deferred
    $20,244
    Nontaxable benefits
    $23,406
    Filer's total
    $238,814

  • Lisa Werdunn

    VP Compliance

    Total calculated
    $179,777
    From this org
    $151,299
    From related orgs
    $0
    Other
    $28,478
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,847
    Bonus
    $35,626
    Other
    -$7,174
    Deferred
    $15,216
    Nontaxable benefits
    $13,262
    Filer's total
    $179,777

  • Nate Barber

    ViCe President

    Total calculated
    $0
    Hours/week
    0.3 + 1 related

  • Rene Sturgis

    VP Property Manager

    Total calculated
    $177,466
    From this org
    $154,420
    From related orgs
    $0
    Other
    $23,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,070
    Bonus
    $17,626
    Other
    $3,724
    Deferred
    $15,039
    Nontaxable benefits
    $8,007
    Filer's total
    $177,466

  • Sandra Lee

    Vice President, Operations

    Total calculated
    $205,853
    From this org
    $166,850
    From related orgs
    $0
    Other
    $39,003
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,000
    Bonus
    $17,626
    Other
    -$10,776
    Deferred
    $15,597
    Nontaxable benefits
    $23,406
    Filer's total
    $205,853

  • Dana Boole

    CAHEC President & CEO

    Total calculated
    $761,569
    From this org
    $0
    From related orgs
    $711,930
    Other
    $49,639
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $439,263 related
    Bonus
    $0 + $253,244 related
    Other
    $0 + $19,423 related
    Deferred
    $0 + $31,684 related
    Nontaxable benefits
    $0 + $17,955 related
    Filer's total
    $0 + $761,569 related

  • Erin Griffin

    Vice President, Finance & Operations

    Total calculated
    $348,989
    From this org
    $0
    From related orgs
    $313,130
    Other
    $35,859
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $224,880 related
    Bonus
    $0 + $88,250 related
    Other
    $0
    Deferred
    $0 + $19,025 related
    Nontaxable benefits
    $0 + $16,834 related
    Filer's total
    $0 + $348,989 related

  • Robert Landis

    Senior Vice President

    Total calculated
    $371,480
    From this org
    $0
    From related orgs
    $325,416
    Other
    $46,064
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,541 related
    Bonus
    $0 + $90,875 related
    Other
    $0
    Deferred
    $0 + $26,975 related
    Nontaxable benefits
    $0 + $19,089 related
    Filer's total
    $0 + $371,480 related

  • Andrea Wolford

    Total calculated
    $114,752
    From this org
    $95,091
    From related orgs
    $0
    Other
    $19,661
    Hours/week
    40

  • Christina Tosh

    Senior Accounting Manager

    Total calculated
    $128,046
    From this org
    $94,139
    From related orgs
    $0
    Other
    $33,907
    Hours/week
    40

  • Kathy Porter

    Senior Regional Manager

    Total calculated
    $124,861
    From this org
    $100,229
    From related orgs
    $0
    Other
    $24,632
    Hours/week
    40

  • Matt Verboon

    Finance Manager

    Total calculated
    $127,435
    From this org
    $115,998
    From related orgs
    $0
    Other
    $11,437
    Hours/week
    40

  • Traci Tasca

    Controller

    Total calculated
    $148,389
    From this org
    $119,374
    From related orgs
    $0
    Other
    $29,015
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CAHEC HOLDINGS LLC

    C Corporation · FURTHER CHARITABLE PURPOSES OF CAHEC · NC

    Directly controlled by CAHEC

  • CAHEC ENERGY LLC

    C Corporation · TO PROMOTE SELF-SUFFCIENCY FROM RENEWABLE ENERGIES · NC

    Directly controlled by CAHEC

Provenance

Return type
form_990
Tax year
2023
Filed
30 September 2024
IRS schema version
2023v5.1
Source object
202402739349300305

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