Pitt And Greene Electric Membership Corporation

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

EIN: 560360850 ✦ Farmville, NC ✦ Designated as a 501(c)(12)

Overview

What is Pitt And Greene Electric Membership Corporation?

Pitt and Greene Electric Membership Corporation is a North Carolina-based nonprofit organization with a mission to make electric energy accessible to its members at an affordable cost, ensuring sound economic practices and good management. Located at 3989 West Wilson Street in Farmville, the corporation has a team of 36 employees dedicated to this purpose. Their primary focus is on supplying electric power to their members, striving for both affordability and effective management.


Official website here: www.pgemc.com

Is Pitt And Greene Electric Membership Corporation legitimate?

Pitt And Greene Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pitt And Greene Electric Membership Corporation 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,895,542

For more financial information, click here


Official website here: www.pgemc.com

What is the mission statement of Pitt And Greene Electric Membership Corporation?

Pitt and Greene Electric Membership Corporation is dedicated to providing electric energy to its members at the most affordable price, all while maintaining a sound economy and good management. Their primary objective is to make electricity accessible to their members, ensuring affordability without compromising economic sustainability and effective administration. The corporation prioritizes delivering electric power to its community in a responsible and economical manner.


Official website here: www.pgemc.com

Who is the CEO of Pitt And Greene Electric Membership Corporation?

Mark A Suggs is the Vice President of Pitt And Greene Electric Membership Corporation.


Official website here: www.pgemc.com

What is the revenue of Pitt And Greene Electric Membership Corporation?

Pitt And Greene Electric Membership Corporation's revenue in 2022 was $24,789,722.


Official website here: www.pgemc.com

Who are the executives of Pitt And Greene Electric Membership Corporation and what are their salaries?

The average compensation at Pitt And Greene Electric Membership Corporation during 2022 was $52,654. There are 36 employees at Pitt And Greene Electric Membership Corporation.

Here are 15 key members and their salaries:

    Mark A Sugg (General Manager/Evp)
  • Compensation: $343,228
  • Related: $0
  • Other: $81,507

    • Anthony W Barrow (Director - Engineering)
  • Compensation: $209,581
  • Related: $0
  • Other: $46,970

    • Tammy Murphy (Director Of Human Resource)
  • Compensation: $168,605
  • Related: $0
  • Other: $49,382

    • Patsy B Rowe (Director - Finance)
  • Compensation: $171,080
  • Related: $0
  • Other: $40,642

    • Milton M Grant (Director - Operations)
  • Compensation: $150,590
  • Related: $0
  • Other: $56,961

    • Austin Dixon (Cfo)
  • Compensation: $135,555
  • Related: $0
  • Other: $46,586

    • William E Askew (Vice President) [Trustee/Director]
  • Compensation: $14,618
  • Related: $0
  • Other: $0

    • Richard S Harper (Director)
  • Compensation: $14,618
  • Related: $0
  • Other: $0

    • Jeffery N Letchworth (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $14,618
  • Related: $0
  • Other: $0

    • Garland Mozingo (Director)
  • Compensation: $14,618
  • Related: $0
  • Other: $0

    • Ernest G Smith (President) [Trustee/Director]
  • Compensation: $14,618
  • Related: $0
  • Other: $0

    • Michael Hardy (Director)
  • Compensation: $14,618
  • Related: $0
  • Other: $0

    • Jack Edmonson (Director)
  • Compensation: $14,612
  • Related: $0
  • Other: $0

    • James Shackleford (Director)
  • Compensation: $14,612
  • Related: $0
  • Other: $0

    • Kirby Bell (Director)
  • Compensation: $14,604
  • Related: $0
  • Other: $0


  • Official website here: www.pgemc.com

    Where can I find the form 990 for Pitt And Greene Electric Membership Corporation?

    The Pitt And Greene Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pgemc.com

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

    Mission Statement of Pitt And Greene Electric Membership Corporation

    Pitt and Greene Electric Membership Corporation is dedicated to bringing affordable electric energy to its members, prioritizing sound economy and good management. The organization's primary objective is to make electric power accessible to its consumer base at the most economical price.

    In pursuit of this goal, Pitt and Greene Electric Membership Corporation operates with careful financial planning and efficient management practices. The corporation is committed to providing its members with reliable electricity, ensuring their homes and businesses have consistent power to function optimally. The team behind Pitt and Greene Electric Membership Corporation strives to minimize costs and maximize value for its members, continuously exploring opportunities for growth and improvement.

    As a not-for-profit entity, Pitt and Greene Electric Membership Corporation is focused on delivering essential services to its members while maintaining a strong commitment to the local community. The organization's mission goes beyond just providing electricity; it aims to create a positive impact on the lives of its members by keeping energy costs as low as possible. By prioritizing sound economic principles and effective management, Pitt and Greene Electric Membership Corporation ensures a sustainable energy solution for its members, contributing to their overall quality of life.

    Impact

    This information is meant to be a general summary of Pitt And Greene Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Pitt And Greene Electric Membership Corporation plays a vital role in providing affordable electric energy to its members in Farmville, North Carolina. By focusing on delivering power at the lowest cost possible while maintaining sound economic practices, the corporation ensures that members have access to essential electricity services without burdening their budgets. This commitment to efficiency and good management positively impacts the community by enhancing accessibility to a fundamental utility while promoting economic sustainability.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $49,663
  • Program Service Revenue: $24,655,337
  • Gross Receipts: $24,813,300

    • Assets and Liabilities:
  • Total Assets: $65,494,171
  • Total Liabilities: $32,931,328
  • Net Assets: $32,562,843
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF ELECTRICITY

    Revenue

    $24,522,273

    PATRONAGE CAPITAL

    Revenue

    $133,064

    Organization Details

    Founding Year

    1937

    Principal Officer

    Mark A Suggs

    Main Address

    3989 WEST WILSON STREET, FARMVILLE, NC, 27828

    NTEE Category

    Code: W80 - Public benefit

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