CVEC’s Commitment to Community: Sharing Success Grant Program
One of Chariton Valley Electric Cooperative’s (CVEC) most unique and exciting community programs is the CoBank Sharing Success grant program. Aimed at supporting local communities and projects, the grant is made possible by CVEC’s governing board of directors, in partnership with CoBank – a national nonprofit cooperative bank owned by the rural American cooperatives it services.
Recently, CVEC, Northeast Missouri Electric Power (NEP), and CoBank collaborated again to fund a project through the Sharing Success grant program and the Northeast Power Partnering Request program. CVEC is thrilled to support the Rathbun Lake Area YMCA as they work to upgrade their facility with video surveillance, new security doors, and a pass card system for members to access to the gym, exercise equipment, restroom, and a classroom after hours, contributing $18,000 towards this initiative. This upgrade will significantly enhance the area’s access to fitness and recreational facilities, promoting a healthier lifestyle for residents.
In addition, CVEC and CoBank provided $2,000 to the Iowa Association of Electric Cooperatives. This funding will assist in sending linemen to Guatemala to build electric infrastructure in areas currently without electricity. This international effort underscores the cooperative's commitment to extending a helping hand beyond local borders, improving lives through essential infrastructure development.
“Rural communities and cooperatives like Chariton Valley Electric Cooperative are fortunate to have the generous support of CoBank and Northeast Power,” says Tod Faris, CVEC Economic Development and Community Relations Manager. “We are thankful for the contributions, which enable us to help make our communities a better place to live, work, and play.”
“CoBank and NEP's partnerships allow us to maximize our efforts in community improvement projects, ensuring that every dollar goes further in creating a positive impact,” added CVEC CEO/General Manager Troy Amoss. “Their support is invaluable in our mission to enhance the quality of life in our service areas.”
CVEC has annually budgeted $7,500 for this Sharing Success Program, with the goal of applying for matching funds from CoBank and NEP. This year, CVEC’s initial $7,500 investment has blossomed into $20,000 with the assistance of its partners, demonstrating the power of collaboration in achieving greater good.
Together, CVEC, CoBank, NEP, and the community are striving to build stronger, more resilient rural areas. Through initiatives like the Sharing Success grant program, they continue to make significant strides in improving infrastructure, supporting local organizations, and fostering community development. This ongoing commitment ensures that rural communities remain vibrant and thrive in an ever-changing world.