Mecklenburg Electric Cooperative

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

EIN: 540299805 ✦ Chase city, VA ✦ Designated as a 501(c)(12)

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Overview

What is Mecklenburg Electric Cooperative?

Mecklenburg Electric Cooperative is a nonprofit organization based in Chase City, Virginia. Their primary mission is to ensure the safe and effective distribution of electricity to their cooperative members. According to the provided information, their top three program expenses include the cost of power, other salaries and wages, and distribution maintenance. With a workforce of approximately 110 employees, Mecklenburg Electric Cooperative is dedicated to enhancing the quality of life for its members by providing essential electric services.


Official website here: www.meckelec.org

What do the Facebook reviews say about Mecklenburg Electric Cooperative?

92% of 81 reviewers on Facebook recommend Mecklenburg Electric Cooperative. Here is a summary of their reviews:

Many patrons highlight the cooperative's prompt response to emergencies, such as in the case of a neighbor's malfunctioning AC due to a transformer issue. Users appreciate the efficient service, citing how quickly the team was able to address the problem, even traveling from a considerable distance to do so. Positive sentiments revolve around the reliability of the service and the professionalism of the staff.

Overall, customers express satisfaction with Mecklenburg Electric Cooperative’s commitment to resolving issues swiftly and effectively, reinforcing their feeling of being valued as customers.


This AI summary has been generated from reviews found on Facebook.

Is Mecklenburg Electric Cooperative legitimate?

Mecklenburg Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mecklenburg 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: $1,731,610
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,480,637

For more financial information, click here


Official website here: www.meckelec.org

What is the mission statement of Mecklenburg Electric Cooperative?

Mecklenburg Electric Cooperative is committed to ensuring the safe and reliable distribution of electricity to its members. Its mission extends beyond just providing an essential service, as it strives to create opportunities that enhance the overall quality of life for those it serves. The cooperative's primary focus areas, as indicated by its expenses, are the cost of power, salaries and wages, and distribution maintenance. By excelling in these areas, Mecklenburg Electric Cooperative is able to deliver high-quality electric service to its members and contribute to their overall well-being.


Official website here: www.meckelec.org

Who is the CEO of Mecklenburg Electric Cooperative?

John C Lee Jr is the President An of Mecklenburg Electric Cooperative.


Official website here: www.meckelec.org

What is the revenue of Mecklenburg Electric Cooperative?

Mecklenburg Electric Cooperative's revenue in 2022 was $100,631,363.


Official website here: www.meckelec.org

Who are the executives of Mecklenburg Electric Cooperative and what are their salaries?

The average compensation at Mecklenburg Electric Cooperative during 2022 was $92,839. There are 110 employees at Mecklenburg Electric Cooperative.


Here are 17 key members and their salaries:


John C Lee Jr (President An)
  • Compensation: $889,919
  • Related: $0
  • Other: $391,577
Carol B Jones (Vp Finance A)
  • Compensation: $162,002
  • Related: $0
  • Other: $18,902
Carolyn T Glass (Assistant Se)
  • Compensation: $79,362
  • Related: $0
  • Other: $57,199
James P Guy Ii (Legal Counse)
  • Compensation: $231,688
  • Related: $0
  • Other: $80,964
Benjamin J Seamans (Vp Engineeri)
  • Compensation: $172,508
  • Related: $0
  • Other: $110,024
Dwayne Long (Vp Informati)
  • Compensation: $171,894
  • Related: $0
  • Other: $59,951
David H Lipscomb (Vp Member An)
  • Compensation: $176,730
  • Related: $0
  • Other: $20,884
Robert H Lankford (Director Of)
  • Compensation: $147,748
  • Related: $0
  • Other: $14,922
David J Jones (Chairman)
  • Compensation: $17,132
  • Related: $4,200
  • Other: $0
Franklin B Myers (Vice-Chairma)
  • Compensation: $19,032
  • Related: $5,250
  • Other: $0
Donald L Moore (Treasurer-Se)
  • Compensation: $11,795
  • Related: $3,238
  • Other: $0
David C Hall (Director)
  • Compensation: $15,482
  • Related: $4,200
  • Other: $0
Brandon G Hudson (Director)
  • Compensation: $15,832
  • Related: $4,200
  • Other: $0
Fletcher B Jones (Director)
  • Compensation: $13,457
  • Related: $4,025
  • Other: $0
Peggy Lee (Director)
  • Compensation: $12,482
  • Related: $3,763
  • Other: $0
Michael H Mcdowell (Director)
  • Compensation: $14,432
  • Related: $4,200
  • Other: $0
Angela B Wilson (Director)
  • Compensation: $13,007
  • Related: $3,500
  • Other: $0


Official website here: www.meckelec.org

Where can I find the form 990 for Mecklenburg Electric Cooperative?

Mecklenburg Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meckelec.org

Learn more at the official website: www.meckelec.org

Mission Statement of Mecklenburg Electric Cooperative

Mecklenburg Electric Cooperative, with its mission to provide services and create opportunities to enhance the quality of life, is dedicated to delivering safe and effective electricity to its members. The cooperative places a great emphasis on ensuring a dependable power supply to its community.

As the largest expenditure, Mecklenburg Electric Cooperative invests significantly in the cost of power to meet the energy demands of its members. By securing reliable sources of electricity, the cooperative guarantees a consistent power supply, essential for the daily functioning of homes and businesses.

Beyond its primary goal of energy distribution, Mecklenburg Electric Cooperative also focuses on maintaining its infrastructure. The distribution maintenance program is a crucial aspect of the organization, enabling them to promptly address any issues and ensure the reliability of their services. In addition, the cooperative invests in the salaries and wages of its team members, recognizing the importance of a skilled and dedicated workforce to deliver on its promise to its community.

Through these efforts, Mecklenburg Electric Cooperative not only provides a vital service in the form of electricity but also contributes to the overall well-being of its members by ensuring a consistent power supply and investing in its people.

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Impact




October, 2024

Mecklenburg Electric Cooperative significantly impacts the community by ensuring the safe and effective distribution of electricity to its members. This vital service plays a crucial role in enhancing the quality of life for residents in Chase City, VA, and surrounding areas. By focusing on the cost of power, the cooperative effectively manages its resources, spending over $58 million in this area alone, which directly supports reliable electricity supply. Additionally, with substantial investments in salaries and wages, as well as distribution maintenance, the cooperative not only provides essential services but also contributes to local employment and economic stability. Through its initiatives and dedication to service, Mecklenburg Electric Cooperative creates opportunities that benefit the entire community.




This information is meant to be a general summary of Mecklenburg 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.

Revenue
$100,631,363 (2022)
Expenses
$92,927,030 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $125,580
  • Program Service Revenue: $95,362,807
  • Gross Receipts: $100,850,270

Assets and Liabilities:

  • Total Assets: $248,790,534
  • Total Liabilities: $158,506,432
  • Net Assets: $90,284,102

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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

$88,276,067

CONTRIBUTIONS IN AID

Revenue

$6,359,830

PATRONAGE CAPITAL OTHER

Revenue

$726,910

Organization Details

Founding Year

1938

Principal Officer

John C Lee Jr

Main Address

PO BOX 2451, CHASE CITY, VA, 23924

NTEE Category

Code: W80 - Public benefit

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