Pemiscot-Dunklin Electric Cooperative Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 430452625 ✦ Hayti, MO ✦ Designated as a 501(c)(12)

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Overview

What is Pemiscot-Dunklin Electric Cooperative Inc?

Pemiscot-Dunklin Electric Cooperative Inc is a nonprofit organization based in Hayti, Missouri. Their primary mission is to provide electrical services to approximately 8,621 residential, farm, and business consumers in Pemiscot, Dunklin, and New Madrid counties in southeastern Missouri. The cooperative distributes electricity to its member-owners on a patronage basis. With a team of 44 employees, they ensure the delivery of essential electrical services to their community.


Official website here: www.pemdunk.com

What are the reviews and ratings of this charity?

Pemiscot-Dunklin Electric Cooperative Inc is not rated by Charity Navigator, primarily because it is not a 501(c)(3) IRS registered nonprofit. This lack of rating does not imply anything about the organization's performance or impact; it simply reflects that this cooperative does not qualify under the specific criteria used by Charity Navigator for evaluation.

The cooperative operates independently, which suggests that it has its governance and operational strategies. However, without the standard financial data and impact measurement available for typical 501(c)(3) organizations, it remains challenging to assess its financial health or program effectiveness through Charity Navigator.

Since there are no user reviews available on GreatNonprofits, further insights from the general public or beneficiaries of the cooperative's services are not accessible. Therefore, understanding community impact and public perception relies on other sources beyond the currently available information.


This AI summary has been generated from information found on Charity Navigator.

Is Pemiscot-Dunklin Electric Cooperative Inc legitimate?

Pemiscot-Dunklin Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pemiscot-Dunklin 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: $595,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $856,968

For more financial information, click here


Official website here: www.pemdunk.com

What is the mission statement of Pemiscot-Dunklin Electric Cooperative Inc?

Pemiscot-Dunklin Electric Cooperative Inc is dedicated to delivering electrical services to its member-owners on a patronage basis. The cooperative's primary activity revolves around the distribution of electricity to approximately 8,621 residential, farm, and business consumers. By focusing on the provision of electrical services, the cooperative aims to support its members with reliable and consistent power. The cooperative's commitment to its members extends beyond just electricity, as it strives to build and maintain strong community relationships. Through its operations, Pemiscot-Dunklin Electric Cooperative Inc plays a vital role in enhancing the quality of life for its members by ensuring they have access to essential electrical services.


Official website here: www.pemdunk.com

Who is the CEO of Pemiscot-Dunklin Electric Cooperative Inc?

Cheryl Hicks is the Ceo of Pemiscot-Dunklin Electric Cooperative Inc. The CEO's salary of Pemiscot-Dunklin Electric Cooperative Inc is $144,206 and their total compensation is $261,227.


Official website here: www.pemdunk.com

What is the revenue of Pemiscot-Dunklin Electric Cooperative Inc?

Pemiscot-Dunklin Electric Cooperative Inc's revenue in 2022 was $22,032,843.


Official website here: www.pemdunk.com

Who are the executives of Pemiscot-Dunklin Electric Cooperative Inc and what are their salaries?

The average compensation at Pemiscot-Dunklin Electric Cooperative Inc during 2022 was $33,013. There are 44 employees at Pemiscot-Dunklin Electric Cooperative Inc.


Here are 17 key members and their salaries (Pemiscot-Dunklin Electric Cooperative Inc's CEO's salary is $144,206 and their total compensation is $261,227):


Jamie Vaughn (Ceo)
  • Compensation: $144,206
  • Related: $0
  • Other: $117,021
Jack Davis (Fiber Gm)
  • Compensation: $134,143
  • Related: $0
  • Other: $78,405
Rusty Moore (Line Supervi)
  • Compensation: $111,848
  • Related: $0
  • Other: $79,242
Joshua Cunningham (Service Fore)
  • Compensation: $112,770
  • Related: $0
  • Other: $48,018
Rex Mcelwrath (Lineman)
  • Compensation: $108,196
  • Related: $0
  • Other: $38,780
Jonathon Percifull (Lineman)
  • Compensation: $109,045
  • Related: $0
  • Other: $36,521
Cheryl Hicks (Cfo)
  • Compensation: $94,583
  • Related: $0
  • Other: $47,597
Bill Cunningham (Secretary/Tr)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Steven Droke (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Gregory Gibson (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Danny Glass (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Greg Harris (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Billy Jones (Vice Preside)
  • Compensation: $22,437
  • Related: $0
  • Other: $0
Steven Worrell (Director)
  • Compensation: $22,437
  • Related: $0
  • Other: $0
Ray Van Carver (Director)
  • Compensation: $9,312
  • Related: $0
  • Other: $0
Justin Rone (President)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Thomas Fisher (Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0


Official website here: www.pemdunk.com

Where can I find the form 990 for Pemiscot-Dunklin Electric Cooperative Inc?

Pemiscot-Dunklin Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pemdunk.com

Learn more at the official website: www.pemdunk.com

Mission Statement of Pemiscot-Dunklin Electric Cooperative Inc

Pemiscot-Dunklin Electric Cooperative Inc, a mission-driven organization, is dedicated to the distribution of electrical services to its member-owners on a patronage basis. In simpler terms, this cooperative prioritizes providing electricity to its community members who hold ownership in the organization.

Serving an average of 8,621 residential, farm, and business consumers, Pemiscot-Dunklin Electric Cooperative Inc plays a vital role in ensuring the continuous flow of electricity to its members across various sectors. By operating under a cooperative model, the organization places its members at the heart of its operations, recognizing their essential contribution to the cooperative's success.

The cooperative's unwavering commitment extends beyond just distributing electrical services. It strives to deliver a reliable and efficient power supply, fostering a strong sense of community and ensuring member satisfaction. By prioritizing its members' needs, Pemiscot-Dunklin Electric Cooperative Inc not only meets the immediate demands for electricity but also lays the foundation for a sustainable and prosperous future for its community.

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Impact




October, 2024

Pemiscot-Dunklin Electric Cooperative Inc plays a vital role in providing reliable electrical services to its members in southeast Missouri. Serving an average of 8,621 residential, farm, and business consumers in Pemiscot, Dunklin, and New Madrid counties, the cooperative ensures that local communities have access to essential energy needs.

By distributing electrical services on a patronage basis, the cooperative reinforces a sense of community ownership among its members. This model fosters local engagement and accountability, as profits are returned to the member-owners, further stimulating the local economy. The cooperative's operations not only enhance the quality of life for residents by providing dependable power but also support local agricultural and business initiatives by delivering the necessary infrastructure for economic growth.

Overall, Pemiscot-Dunklin Electric Cooperative Inc significantly contributes to the public benefit by ensuring energy accessibility, fostering community resilience, and promoting local economic development.




This information is meant to be a general summary of Pemiscot-Dunklin 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.

Revenue
$22,032,843 (2022)
Expenses
$22,032,843 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33,822
  • Program Service Revenue: $20,739,846
  • Gross Receipts: $22,032,843

Assets and Liabilities:

  • Total Assets: $99,830,106
  • Total Liabilities: $59,387,911
  • Net Assets: $40,442,195

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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

$20,047,066

CAPITAL CREDITS

Revenue

$525,292

MISCELLANEOUS ELECTRIC

Revenue

$167,488

Organization Details

Founding Year

1937

Principal Officer

Cheryl Hicks

Main Address

PO BOX 509, HAYTI, MO, 63851

NTEE Category

Code: W80 - Public benefit

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