Overview
What is Edgecombe-Martin County Emc?
Edgecombe-Martin County Emc is a North Carolina-based cooperative dedicated to providing reliable electricity to its members. With a team of 43 employees, the cooperative allocated significant expenses towards the cost of power, salaries and wages, and depreciation and amortization. Their primary mission is to ensure the safe and effective distribution of electricity, contributing to the well-being of their community.
Official website here: www.emcemc.com
What are the reviews and ratings of this charity?
Edgecombe-Martin County Emc is currently not rated by Charity Navigator. This is due to the absence of necessary beacon scores such as Accountability & Finance or Impact & Measurement, which are required for a full evaluation. The absence of a rating does not imply a positive or negative assessment, rather it indicates a lack of available data for evaluation.
The organization is independently operated and is not registered as a 501(c)(3), which affects its eligibility for typical Charity Navigator evaluations. As a result, aspects like Leadership & Adaptability, and Culture & Community have not been assessed. Its revenue, expenses, and the salaries of key persons are also currently unavailable, hindering a comprehensive financial analysis.
Since there are no user reviews from GreatNonprofits, public sentiment about the organization’s activities and community impact remains undocumented. Without this feedback, it is challenging to gauge the organization's reputation or its effectiveness in meeting community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Edgecombe-Martin County Emc legitimate?
Edgecombe-Martin County Emc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Edgecombe-Martin County Emc 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: $796,090
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,297,694
For more financial information, click here
Official website here: www.emcemc.com
What is the mission statement of Edgecombe-Martin County Emc?
The Edgecombe-Martin County Electric Membership Cooperative is committed to ensuring the safe and efficient distribution of electricity to its members. The cooperative prioritizes this essential service, with its largest program expenses being the cost of power, other salaries and wages, and depreciation and amortization. This third-party organization aims to deliver a reliable electricity supply to its membership base, maintaining safety standards and optimal performance.
Official website here: www.emcemc.com
Who is the CEO of Edgecombe-Martin County Emc?
Winston Howell is the Ceo of Edgecombe-Martin County Emc. The CEO's salary of Edgecombe-Martin County Emc is $285,444 and their total compensation is $437,814.
Official website here: www.emcemc.com
What is the revenue of Edgecombe-Martin County Emc?
Edgecombe-Martin County Emc's revenue in 2022 was $29,118,803.
Official website here: www.emcemc.com
Who are the executives of Edgecombe-Martin County Emc and what are their salaries?
The average compensation at Edgecombe-Martin County Emc during 2022 was $95,204. There are 43 employees at Edgecombe-Martin County Emc.
Here are 15 key members and their salaries (Edgecombe-Martin County Emc's CEO's salary is $285,444 and their total compensation is $437,814):
- Compensation: $285,444
- Related: $0
- Other: $152,370
- Compensation: $173,701
- Related: $0
- Other: $102,940
- Compensation: $188,540
- Related: $0
- Other: $16,525
- Compensation: $181,397
- Related: $0
- Other: $16,704
- Compensation: $154,164
- Related: $0
- Other: $15,531
- Compensation: $126,973
- Related: $0
- Other: $37,731
- Compensation: $117,602
- Related: $0
- Other: $14,031
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $13,200
- Related: $0
- Other: $0
- Compensation: $13,200
- Related: $0
- Other: $0
- Compensation: $12,400
- Related: $0
- Other: $0
- Compensation: $11,635
- Related: $0
- Other: $0
- Compensation: $10,600
- Related: $0
- Other: $0
- Compensation: $4,400
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
Official website here: www.emcemc.com
Where can I find the form 990 for Edgecombe-Martin County Emc?
Edgecombe-Martin County Emc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emcemc.com
Learn more at the official website: www.emcemc.com
Mission Statement of Edgecombe-Martin County Emc
Edgecombe-Martin County EMC, a cooperative dedicated to delivering electricity, prioritizes the safety and efficiency of its power distribution services to its members. The organization's primary objective is to ensure a reliable and uninterrupted power supply, maintaining the welfare and convenience of the community it serves.
The cooperative channels significant resources towards the procurement of power, investing 16.38 million dollars annually. This commitment to providing a consistent power source is a testament to Edgecombe-Martin County EMC's dedication to its members' needs. In addition to power generation, the cooperative also allocates substantial funds towards compensating its workforce. A total of 3.29 million dollars is spent on salaries and wages each year, reflecting the cooperative's emphasis on hiring and retaining skilled personnel to maintain its electrical infrastructure.
Moreover, the cooperative invests in the long-term sustainability of its operations through depreciation and amortization expenses totaling 2.86 million dollars annually. By continually upgrading its facilities and technology, Edgecombe-Martin County EMC ensures the provision of high-quality electricity services to its members, strengthening its position as a trusted and essential community partner.
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Impact
October, 2024
Edgecombe-Martin County EMC plays a crucial role in ensuring the safe and effective distribution of electricity to its members. By focusing on reliable power supply, the cooperative enhances the quality of life for residents in Tarboro, NC, and surrounding areas. The cooperative's operations are primarily supported by significant expenditures on power costs, which underscore its commitment to delivering electricity efficiently.
With a dedicated workforce and investments in necessary infrastructure, Edgecombe-Martin County EMC not only meets the energy needs of its members but also supports local economic development and community stability. Through its mission, the cooperative contributes to the public benefit by maintaining a dependable energy source that empowers families, businesses, and essential services within the community.
This information is meant to be a general summary of Edgecombe-Martin County Emc. 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: $74,766
- Program Service Revenue: $28,986,435
- Gross Receipts: $29,150,351
Assets and Liabilities:
- Total Assets: $72,560,795
- Total Liabilities: $37,656,219
- Net Assets: $34,904,576
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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
$28,331,947
CONT IN AID OF CONST
Revenue
$455,716
CASH PATRONAGE ALLOC
Revenue
$198,772
Organization Details
Founding Year
1936
Phone
(252) 823-2171Principal Officer
Winston Howell
Main Address
PO BOX 188, TARBORO, NC, 278860188
Website
www.emcemc.comNTEE Category
Code: W80 - Public benefit
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