Overview
What is Sussex Rural Electric Cooperative?
Sussex Rural Electric Cooperative is a public utilities nonprofit headquartered in Sussex, New Jersey. Their primary mission is to deliver electric power to the community members in the area. As a cooperative, they are dedicated to ensuring a reliable source of electricity for their customers.
Official website here: www.sussexrec.com
What are the reviews and ratings of this charity?
Sussex Rural Electric Cooperative is not currently rated by Charity Navigator. This lack of rating is primarily due to its status as a non-501(c)(3) organization, making it ineligible for evaluation by the typical methodologies used by Charity Navigator, such as Accountability & Finance, and Impact & Measurement. Therefore, its absence of a rating neither suggests a positive nor negative assessment.
Since Sussex Rural Electric Cooperative is not evaluated under the usual methodologies due to its designation, there is limited financial or operational data available from Charity Navigator. For instance, there is no available information on total revenue, expenses, or key personnel salaries. The cooperative operates independently and not as a subsidiary, which might infer a level of autonomy in its operations.
GreatNonprofits does not provide any user reviews for Sussex Rural Electric Cooperative, leaving us without direct consumer feedback. The absence of reviews limits insights into user satisfaction or areas in need of improvement. Overall, the cooperative's ineligibility for conventional nonprofit evaluation tools results in a lack of publicly available evaluative data.
This AI summary has been generated from information found on Charity Navigator.
Is Sussex Rural Electric Cooperative legitimate?
Sussex Rural Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sussex Rural Electric Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $661,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sussexrec.com
What is the mission statement of Sussex Rural Electric Cooperative?
Sussex Rural Electric Cooperative is a public utilities organization dedicated to supplying electric power to its members. The cooperative's primary mission is to ensure a consistent electricity supply, enabling the communities it serves to function efficiently. By providing electric power, Sussex Rural Electric Cooperative contributes to enhancing the quality of life for its members. The organization's commitment to its mission is unwavering, working diligently to ensure a reliable and sustainable power source for all. Through its essential services, Sussex Rural Electric Cooperative plays a crucial role in the daily lives of its members, ensuring their homes and businesses remain powered.
Official website here: www.sussexrec.com
Who is the CEO of Sussex Rural Electric Cooperative?
Chris Reese is the Chairman of Sussex Rural Electric Cooperative. The CEO's salary of Sussex Rural Electric Cooperative is $248,319 and their total compensation is $339,295.
Official website here: www.sussexrec.com
What is the revenue of Sussex Rural Electric Cooperative?
Sussex Rural Electric Cooperative's revenue in 2022 was $23,313,197.
Official website here: www.sussexrec.com
Who are the executives of Sussex Rural Electric Cooperative and what are their salaries?
The average compensation at Sussex Rural Electric Cooperative during 2022 was $12,482. There are 53 employees at Sussex Rural Electric Cooperative.
Here are 17 key members and their salaries (Sussex Rural Electric Cooperative's CEO's salary is $248,319 and their total compensation is $339,295):
- Compensation: $8,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $9,300
- Compensation: $0
- Related: $0
- Other: $1,300
- Compensation: $9,850
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $10,250
- Compensation: $8,250
- Related: $0
- Other: $0
- Compensation: $6,050
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $11,900
- Related: $0
- Other: $0
- Compensation: $8,450
- Related: $0
- Other: $0
- Compensation: $248,319
- Related: $0
- Other: $90,976
- Compensation: $187,978
- Related: $0
- Other: $59,293
- Compensation: $186,936
- Related: $0
- Other: $67,486
- Compensation: $155,872
- Related: $0
- Other: $55,707
- Compensation: $155,016
- Related: $0
- Other: $38,591
- Compensation: $165,274
- Related: $0
- Other: $34,389
- Compensation: $165,438
- Related: $0
- Other: $67,930
Official website here: www.sussexrec.com
Where can I find the form 990 for Sussex Rural Electric Cooperative?
Sussex Rural Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sussexrec.com
Learn more at the official website: www.sussexrec.com
Mission Statement of Sussex Rural Electric Cooperative
Sussex Rural Electric Cooperative, a public utilities organization, is dedicated to supplying electric power to its members. Based in New Jersey, this cooperative prioritizes providing essential electricity to its community.
The mission of Sussex Rural Electric Cooperative revolves around delivering electricity to its members. As a cooperative, it prides itself on being a public utility, ensuring that electric power is accessible to all. The cooperative takes a proactive approach to providing this essential service, allowing its members to rely on a steady and dependable power source.
Sussex Rural Electric Cooperative's commitment to its members goes beyond just providing electricity. By operating as a public utility, the organization places the needs of its community at the forefront of its operations. Through its consistent and reliable electric power provision, it contributes significantly to the quality of life of its members. The cooperative's ultimate goal is to make a positive impact on the lives of the people it serves, ensuring they have access to the power they need to live comfortably and efficiently.
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Impact
August, 2024
Sussex Rural Electric Cooperative's impact lies in providing essential electric power to its members in Sussex, NJ. Through its operations, it ensures that households and businesses have access to a reliable source of electricity, contributing to the everyday functioning of the community. By fulfilling its mission of providing electric power to its members, Sussex Rural Electric Cooperative plays a vital role in supporting the infrastructure and development of Sussex, NJ.
This information is meant to be a general summary of Sussex Rural Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $44,008
- Program Service Revenue: $21,414,904
- Gross Receipts: $23,313,197
Assets and Liabilities:
- Total Assets: $53,759,859
- Total Liabilities: $29,140,469
- Net Assets: $24,619,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$20,294,357
OTHER OPERATING REVENUE
Revenue
$1,120,547
Organization Details
Founding Year
1937
Phone
(973) 875-5101Principal Officer
Chris Reese
Main Address
64 COUNTY ROAD 639, SUSSEX, NJ, 07461
Website
www.sussexrec.comNTEE Category
Code: W80 - Public benefit
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