Overview
What is Virginia Maryland And Delaware Association Of Electric Cooperatives?
The Virginia Maryland And Delaware Association Of Electric Cooperatives, abbreviated as VMDAEC, is a nonprofit organization dedicated to supporting the member-owned electric cooperatives in a three-state region. Serving as a trade association, VMDAEC's primary mission is to cater to the needs of electric cooperatives, ensuring their success and growth. This association functions as a collective platform, fostering collaboration and information sharing among its members.
Official website here: www.vmdaec.com
Is Virginia Maryland And Delaware Association Of Electric Cooperatives legitimate?
Virginia Maryland And Delaware Association Of Electric Cooperatives is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Maryland And Delaware Association Of Electric Cooperatives 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: $604,373
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,657,770
For more financial information, click here
Official website here: www.vmdaec.com
What is the mission statement of Virginia Maryland And Delaware Association Of Electric Cooperatives?
The Virginia Maryland and Delaware Association of Electric Cooperatives, referred to as VMDAEC, serves as a trade association for the member-owned electric cooperatives in a three-state area. Its mission is primarily focused on supporting these cooperatives. In essence, VMDAEC exists to cater to their needs and promote their interests within the energy sector. The association does not have a publicly disclosed mission statement that extends beyond serving its member cooperatives in the region.
Official website here: www.vmdaec.com
Who is the CEO of Virginia Maryland And Delaware Association Of Electric Cooperatives?
Brian Mosier is the CEO of Virginia Maryland And Delaware Association Of Electric Cooperatives The CEO's salary of Virginia Maryland And Delaware Association Of Electric Cooperatives is $306,518 and their total compensation is $568,574.
Official website here: www.vmdaec.com
What is the revenue of Virginia Maryland And Delaware Association Of Electric Cooperatives?
Virginia Maryland And Delaware Association Of Electric Cooperatives's revenue in 2023 was $9,136,331.
Official website here: www.vmdaec.com
Who are the executives of Virginia Maryland And Delaware Association Of Electric Cooperatives and what are their salaries?
The average compensation at Virginia Maryland And Delaware Association Of Electric Cooperatives during 2023 was $101,942. There are 32 employees at Virginia Maryland And Delaware Association Of Electric Cooperatives.
Here are 41 key members and their salaries (Virginia Maryland And Delaware Association Of Electric Cooperatives's CEO's salary is $306,518 and their total compensation is $568,574):
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- Compensation: $2,800
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- Compensation: $600
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- Compensation: $2,000
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- Compensation: $4,800
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- Compensation: $306,518
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- Other: $262,056
- Compensation: $174,202
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- Other: $102,068
- Compensation: $191,457
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- Other: $106,140
- Compensation: $161,655
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- Other: $87,959
- Compensation: $113,593
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- Other: $92,805
- Compensation: $118,320
- Related: $0
- Other: $89,660
Official website here: www.vmdaec.com
Where can I find the form 990 for Virginia Maryland And Delaware Association Of Electric Cooperatives?
Virginia Maryland And Delaware Association Of Electric Cooperatives's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vmdaec.com
Learn more at the official website: www.vmdaec.com
Mission Statement of Virginia Maryland And Delaware Association Of Electric Cooperatives
The Virginia Maryland And Delaware Association Of Electric Cooperatives, often referred to as VMDAEC, is a trade association dedicated to serving the interests of its member-owned electric cooperatives within the three-state area. Its mission is to support and advocate for these cooperatives, ensuring they can effectively serve their own communities and members. By leveraging its resources and industry expertise, VMDAEC aims to foster a collaborative environment where these cooperatives can thrive and continue delivering reliable and affordable electricity to their customers.
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Impact
October, 2024
The Virginia Maryland And Delaware Association Of Electric Cooperatives (VMDAEC) plays a crucial role in supporting and enhancing the operations of member-owned electric cooperatives across Virginia, Maryland, and Delaware. By serving as a trade association, VMDAEC promotes collaboration, knowledge sharing, and advocacy for its members, which ultimately leads to improved services and reliability for the communities they serve.
Through its initiatives, VMDAEC facilitates community improvement by empowering cooperatives with the resources necessary to address local energy needs and challenges. This includes providing training, educational programs, and access to industry best practices, which helps co-ops adapt to changing technologies and regulations. By fostering a network of electric cooperatives, VMDAEC strengthens local economies, enhances consumer engagement, and drives initiatives that promote sustainable energy practices.
Furthermore, VMDAEC advocates on behalf of its members at state and federal levels, ensuring that the voice of electric cooperatives is heard in policy discussions. This advocacy contributes to a regulatory environment that supports the interests of cooperatives and their consumers, ultimately benefiting the communities they serve. Overall, VMDAEC's impact lies in its commitment to fostering a cooperative spirit, promoting member collaboration, and supporting efforts that lead to healthier, more vibrant communities across the region.
This information is meant to be a general summary of Virginia Maryland And Delaware Association Of Electric Cooperatives. 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 2023.
- Investment Income: $14,511
- Program Service Revenue: $9,108,017
- Gross Receipts: $9,136,331
Assets and Liabilities:
- Total Assets: $4,232,569
- Total Liabilities: $642,847
- Net Assets: $3,589,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGAZINE
Revenue
$3,814,359
SAFETY & TRAINING
Revenue
$1,997,099
MEMBERSHIP DUES
Revenue
$1,953,452
ADVERTISING
Revenue
$552,119
EDUCATIONAL SERVICES
Revenue
$460,998
Organization Details
Founding Year
1944
Principal Officer
Brian Mosier
Website
www.vmdaec.comNTEE Category
Code: S41 - Community improvement
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