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Upper Cumberland Electric Membership Corporation Cares Inc

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

EIN: 463761245 ✦ Carthage, TN ✦ Designated as a 501(c)(3)

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Overview

What is Upper Cumberland Electric Membership Corporation Cares Inc?

Upper Cumberland Electric Membership Corporation Cares Inc is a charitable organization situated in Carthage, Tennessee. Their primary mission revolves around collecting funds from customers of Upper Cumberland Electric Membership Corporation. These collected funds are subsequently disbursed to various charitable organizations operating within the service area of Upper Cumberland Electric Membership Corporation. The organization's activities are focused on providing support to these charities, thereby contributing positively to the community they serve.


Official website here: www.ucemc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

Upper Cumberland Electric Membership Corporation Cares Inc has received a solid rating of 83% from Charity Navigator, indicating a commendable level of accountability and transparency. The organization has a perfect score for its independent board members, ensuring that its governance is primarily free from conflicts of interest. Additionally, it demonstrates effective financial management with a high program expense ratio of 95.81%, highlighting its commitment to allocating funds directly towards its mission.

Despite its strengths, there are notable areas for improvement. The organization lacks a whistleblower policy and document retention and destruction procedures, which are essential for maintaining transparency and accountability. Furthermore, the tax form is not posted on the nonprofit's website, which may hinder donors' ability to access important financial information. These missing elements could impact the overall perception of the organization’s commitment to best practices in governance.

In summary, while Upper Cumberland Electric Membership Corporation Cares Inc exhibits strong financial health and governance through its independent board and high program expense ratio, addressing the gaps in policy documentation and public financial disclosures would enhance its credibility and trustworthiness.


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

Is Upper Cumberland Electric Membership Corporation Cares Inc legitimate?

Upper Cumberland Electric Membership Corporation Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upper Cumberland Electric Membership Corporation Cares 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ucemc.com

What is the mission statement of Upper Cumberland Electric Membership Corporation Cares Inc?

Upper Cumberland Electric Membership Corporation Cares Inc is an organization that collects funds from the customers of Upper Cumberland Electric Membership Corporation. The primary purpose of this collection is to disburse the funds to charitable organizations operating within the service area of Upper Cumberland Electric Membership Corporation. Their mission is to support and uplift these charitable organizations, thereby contributing to the betterment of the community. By doing so, they aim to foster a sense of social responsibility and community engagement among their customers. The collected funds are used to address various societal needs and challenges within the service area, thereby promoting a more compassionate and supportive community.


Official website here: www.ucemc.com

Who is the CEO of Upper Cumberland Electric Membership Corporation Cares Inc?

Greta Hurst is the Treasurer of Upper Cumberland Electric Membership Corporation Cares Inc.


Official website here: www.ucemc.com

What is the revenue of Upper Cumberland Electric Membership Corporation Cares Inc?

Upper Cumberland Electric Membership Corporation Cares Inc's revenue in 2023 was $162,606.


Official website here: www.ucemc.com

Who are the executives of Upper Cumberland Electric Membership Corporation Cares Inc and what are their salaries?

There 5 volunteers at Upper Cumberland Electric Membership Corporation Cares Inc.


Here are 5 key members and their salaries:


Minnie Clemons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Frye (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greta Hurst (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Marshall (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Woodard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ucemc.com

Where can I find the form 990 for Upper Cumberland Electric Membership Corporation Cares Inc?

Upper Cumberland Electric Membership Corporation Cares Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ucemc.com

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

Mission Statement of Upper Cumberland Electric Membership Corporation Cares Inc

Upper Cumberland Electric Membership Corporation Cares Inc, as a charitable organization, is dedicated to collecting funds from customers of Upper Cumberland Electric Membership Corporation. This collected money is then disbursed to various charitable organizations operating within the service area of Upper Cumberland Electric Membership Corporation. By doing so, Upper Cumberland Electric Membership Corporation Cares Inc aims to contribute positively to the local community, providing financial support to organizations that align with its mission. This mission serves as a testament to the corporation's commitment to giving back and making a difference in the lives of its customers and the broader community.

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Impact




October, 2024

Upper Cumberland Electric Membership Corporation Cares Inc plays a vital role in supporting the community by facilitating financial contributions for charitable purposes. By collecting funds from customers of Upper Cumberland Electric Membership Corporation, it directs these resources to various charitable organizations within the service area. This initiative enhances the well-being of the community by addressing various needs, promoting human services, and ensuring that essential support is available to those who require assistance. The collective effort of customers contributing to this cause amplifies the impact, creating a stronger, more supportive network for individuals and families in the region. Through this mechanism, Upper Cumberland Electric Membership Corporation Cares Inc empowers local organizations to provide critical services and support, fostering a sense of community and improving overall quality of life in Carthage, TN, and surrounding areas.




This information is meant to be a general summary of Upper Cumberland Electric Membership Corporation Cares 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
$162,606 (2023)
Expenses
$171,615 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $162,606

Assets and Liabilities:

  • Total Assets: $52,470
  • Total Liabilities: $14,025
  • Net Assets: $38,445

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Organization Details

Founding Year

2013

Principal Officer

Greta Hurst

Main Address

PO BOX 159, CARTHAGE, TN, 370300159

NTEE Category

Code: P12 - Human services

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