Overview
What is M J M Electric Cooperative Inc?
M J M Electric Cooperative Inc is a nonprofit organization based in Carlinville, Illinois. Their primary focus is to provide dependable energy and related services to the community at the most affordable cost. The Cooperative's operational territory encompasses west-central Illinois, including parts of Jersey, Macoupin, Montgomery, Bond, Fayette, and Greene Counties. With a workforce of 44 employees, they pride themselves on delivering reliable energy to their members.
Official website here: www.mjmec.coop
What are the reviews and ratings of this charity?
M J M Electric Cooperative Inc is not currently rated by Charity Navigator because it is not a 501(c)(3) IRS registered nonprofit, which is a requirement for such evaluations. The lack of a rating does not suggest a particular assessment regarding the organization’s performance or impact. Historical ratings available do not reflect comprehensive evaluations as they now might include aspects like Leadership & Adaptability or Impact & Measurement.
Given its status, several organizational metrics such as revenue, expenses, and salaries of key personnel are unreported in the context of typical nonprofit assessments like those by Charity Navigator. As an independently affiliated organization, it works outside the typical framework used for charity assessments, which may affect the data accessibility and transparency.
No user reviews are available from the GreatNonprofits platform for M J M Electric Cooperative Inc. Therefore, further insight into community engagement or stakeholder experiences is not available, limiting a complete understanding of its public perception.
This AI summary has been generated from information found on Charity Navigator.
Is M J M Electric Cooperative Inc legitimate?
M J M Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. M J M Electric Cooperative Inc 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: $356,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mjmec.coop
What is the mission statement of M J M Electric Cooperative Inc?
M J M Electric Cooperative Inc is dedicated to delivering reliable energy and associated services to its members at the most affordable price. The organization's primary focus is to ensure a consistent energy supply to its customers while keeping costs low. By prioritizing affordability, M J M Electric Cooperative Inc aims to make energy accessible to all its members. Although not explicitly stated, it can be inferred that the cooperative values the importance of a dependable energy source for its community.
Official website here: www.mjmec.coop
Who is the CEO of M J M Electric Cooperative Inc?
Robert Moore is the Treasurer of M J M Electric Cooperative Inc. The CEO's salary of M J M Electric Cooperative Inc is $123,303 and their total compensation is $210,345.
Official website here: www.mjmec.coop
What is the revenue of M J M Electric Cooperative Inc?
M J M Electric Cooperative Inc's revenue in 2022 was $22,406,705.
Official website here: www.mjmec.coop
Who are the executives of M J M Electric Cooperative Inc and what are their salaries?
The average compensation at M J M Electric Cooperative Inc during 2022 was $8,108. There are 44 employees at M J M Electric Cooperative Inc.
Here are 15 key members and their salaries (M J M Electric Cooperative Inc's CEO's salary is $123,303 and their total compensation is $210,345):
- Compensation: $123,303
- Related: $0
- Other: $87,042
- Compensation: $84,533
- Related: $0
- Other: $30,396
- Compensation: $131,913
- Related: $0
- Other: $59,597
- Compensation: $132,456
- Related: $0
- Other: $50,822
- Compensation: $133,138
- Related: $0
- Other: $48,234
- Compensation: $109,197
- Related: $0
- Other: $71,385
- Compensation: $110,131
- Related: $0
- Other: $68,956
- Compensation: $3,300
- Related: $0
- Other: $0
- Compensation: $5,500
- Related: $0
- Other: $0
- Compensation: $3,025
- Related: $0
- Other: $0
- Compensation: $3,475
- Related: $0
- Other: $0
- Compensation: $4,600
- Related: $0
- Other: $0
- Compensation: $3,050
- Related: $0
- Other: $0
- Compensation: $3,250
- Related: $0
- Other: $0
- Compensation: $2,575
- Related: $0
- Other: $0
Official website here: www.mjmec.coop
Where can I find the form 990 for M J M Electric Cooperative Inc?
M J M Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mjmec.coop
Learn more at the official website: www.mjmec.coop
Mission Statement of M J M Electric Cooperative Inc
M J M Electric Cooperative Inc, a dedicated organization, is committed to delivering dependable energy and associated services to its members at the most affordable price point. The Cooperative's primary goal is to ensure a consistent energy supply and related offerings to its community, prioritizing affordability.
In essence, M J M Electric Cooperative Inc serves as a trusted energy provider, striving to maintain a reliable power grid and offer various related services to its members. By focusing on cost efficiency, the Cooperative aims to provide its customers with the best possible value for their energy needs while keeping prices low.
The Cooperative's mission extends beyond merely providing energy services. It is deeply rooted in the community it serves, working diligently to meet the unique energy requirements of its members. The organization's dedication to affordability and reliability sets it apart, making it an essential partner for its customers in managing their energy needs effectively.
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Impact
October, 2024
M J M Electric Cooperative Inc plays a vital role in the communities it serves in west-central Illinois, focusing on delivering reliable energy and related services. By operating within a defined territory that encompasses western Jersey County, Macoupin County, and parts of neighboring counties like Bond, Fayette, Greene, and Madison, the cooperative ensures that members have access to essential electricity services.
This commitment to reliability is significant for both residents and businesses in the region, facilitating everyday activities and fostering economic growth. M J M Electric's dedication to keeping costs as low as possible further supports the financial well-being of its members, allowing them to allocate resources to other essential needs.
By prioritizing public benefit, the cooperative strengthens its community ties and contributes to the overall quality of life for its members, fostering a sustainable and resilient energy infrastructure.
This information is meant to be a general summary of M J M Electric Cooperative Inc. 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: $38,763
- Program Service Revenue: $22,215,668
- Gross Receipts: $22,459,172
Assets and Liabilities:
- Total Assets: $62,951,279
- Total Liabilities: $31,934,308
- Net Assets: $31,016,971
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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
$21,655,563
Capital Credits
Revenue
$377,396
Penalties and Fees
Revenue
$182,709
Organization Details
Founding Year
1939
Phone
(217) 707-6156Principal Officer
Robert Moore
Main Address
18300 SHIPMAN RD, CARLINVILLE, IL, 626262493
Website
www.mjmec.coopNTEE Category
Code: W80 - Public benefit
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