Overview
What is Four County Electric Membership Corp?
Four County Electric Membership Corp is a North Carolina-based not-for-profit electric cooperative, serving over 32,000 commercial and residential members across six counties: Bladen, Duplin, Pender, Sampson, Columbus, and Onslow. With a commitment to the community, Four County Electric aims to provide safe, reliable, and affordable energy through an extensive network spanning over 5,000 miles of overhead, underground, and transmission lines. Their mission revolves around delivering highly reliable electric services, innovative energy solutions, and outstanding customer service to their members and communities. The cooperative employs 112 individuals and is dedicated to catering to a diverse range of clientele, including farms, businesses, industries, churches, and schools.
Official website here: www.fourcty.org
Is Four County Electric Membership Corp legitimate?
Four County Electric Membership Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Four County Electric Membership Corp 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: $1,488,562
Professional Fundraising Fees: $0
Other Salaries and Wages: $325,867
For more financial information, click here
Official website here: www.fourcty.org
What is the mission statement of Four County Electric Membership Corp?
Four County Electric Membership Corp is dedicated to delivering highly reliable electric services and innovative energy solutions to its members and communities. As a not-for-profit electric cooperative, it is owned by the people it serves and prioritizes safety, reliability, and affordability. Serving over 32,000 commercial and residential members in six North Carolina counties, the cooperative operates over 5,000 miles of transmission lines to ensure consistent electric service. The organization goes beyond just providing electricity, offering outstanding service and striving to exceed customer expectations.
Official website here: www.fourcty.org
Who is the CEO of Four County Electric Membership Corp?
Mitchell L Keel is the CEO of Four County Electric Membership Corp The CEO's salary of Four County Electric Membership Corp is $200,000 and their total compensation is $200,000.
Official website here: www.fourcty.org
What is the revenue of Four County Electric Membership Corp?
Four County Electric Membership Corp's revenue in 2023 was $109,316,259.
Official website here: www.fourcty.org
Who are the executives of Four County Electric Membership Corp and what are their salaries?
The average compensation at Four County Electric Membership Corp during 2023 was $16,200. There are 112 employees at Four County Electric Membership Corp.
Here are 24 key members and their salaries (Four County Electric Membership Corp's CEO's salary is $200,000 and their total compensation is $200,000):
- Compensation: $25,209
- Related: $0
- Other: $0
- Compensation: $24,559
- Related: $0
- Other: $0
- Compensation: $24,559
- Related: $0
- Other: $0
- Compensation: $24,234
- Related: $0
- Other: $0
- Compensation: $23,259
- Related: $0
- Other: $0
- Compensation: $20,334
- Related: $0
- Other: $0
- Compensation: $19,684
- Related: $0
- Other: $0
- Compensation: $19,359
- Related: $0
- Other: $0
- Compensation: $17,484
- Related: $0
- Other: $0
- Compensation: $11,432
- Related: $0
- Other: $0
- Compensation: $6,627
- Related: $0
- Other: $0
- Compensation: $342,886
- Related: $0
- Other: $170,833
- Compensation: $211,907
- Related: $0
- Other: $19,622
- Compensation: $200,000
- Related: $0
- Other: $0
- Compensation: $179,983
- Related: $0
- Other: $75,534
- Compensation: $150,751
- Related: $0
- Other: $42,969
- Compensation: $136,080
- Related: $0
- Other: $33,672
- Compensation: $134,672
- Related: $0
- Other: $37,249
- Compensation: $132,283
- Related: $0
- Other: $38,636
- Compensation: $155,295
- Related: $0
- Other: $62,577
- Compensation: $136,097
- Related: $0
- Other: $72,549
- Compensation: $133,345
- Related: $0
- Other: $4,537
- Compensation: $129,599
- Related: $0
- Other: $33,103
- Compensation: $126,921
- Related: $0
- Other: $13,045
Official website here: www.fourcty.org
Where can I find the form 990 for Four County Electric Membership Corp?
Four County Electric Membership Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fourcty.org
Learn more at the official website: www.fourcty.org
Mission Statement of Four County Electric Membership Corp
Four County Electric Membership Corp, a not-for-profit electric cooperative, is dedicated to delivering highly reliable electric services, innovative energy solutions, and outstanding service to its members and communities. As a hometown utility, Four County Electric is deeply committed to ensuring the safety, reliability, and affordability of energy for its over 32,000 member-owners in North Carolina.
The cooperative spans six counties, Bladen, Duplin, Pender, Sampson, Columbus, and Onslow, providing electric service to a diverse range of customers including residences, farms, businesses, industries, churches, and schools. With an extensive network of over 5,000 miles of overhead, underground, and transmission lines, Four County Electric is able to maintain a consistent electric supply, enabling its members to power their daily lives and operations effectively.
Four County Electric Membership Corp distinguishes itself by its unwavering commitment to its members and communities. Its mission extends beyond providing electric service; it is focused on delivering innovative energy solutions that cater to the evolving energy needs of its customers. The cooperative is dedicated to ensuring that its services are not only reliable but also sustainable, positioning it as a trusted partner in energy solutions for its members.
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Impact
October, 2024
Four County Electric Membership Corp significantly enhances the quality of life for its members and communities by delivering highly reliable electric services and innovative energy solutions. Serving more than 32,000 commercial and residential member-owners across six counties in North Carolina, the cooperative maintains over 5,000 miles of overhead, underground, and transmission lines.
Its commitment to safety, reliability, and affordability ensures essential services are accessible to a wide range of customers, including residences, farms, businesses, industries, churches, and schools. By prioritizing outstanding service and community engagement, Four County Electric fosters local development and supports the economic well-being of the regions it serves. The cooperative's mission directly impacts its members by ensuring peace of mind through dependable energy access and leading-edge solutions that address contemporary energy needs.
This information is meant to be a general summary of Four County Electric Membership Corp. 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: $750,578
- Program Service Revenue: $108,565,681
- Gross Receipts: $109,316,259
Assets and Liabilities:
- Total Assets: $237,668,720
- Total Liabilities: $134,989,085
- Net Assets: $102,679,635
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICITY TO MEMBERS
Revenue
$103,570,143
PATRONAGE ALLOCATION
Revenue
$2,817,971
CONTRIBUTION IN AID OF CONSTRUCTI
Revenue
$1,738,982
ELECTRIC PROPERTY RENTAL
Revenue
$438,585
Organization Details
Founding Year
1937
Principal Officer
Don Gatton
Website
www.fourcty.orgNTEE Category
Code: W80 - Public benefit
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