Overview
What is Rutherford Electric Membership Corporation?
The Rutherford Electric Membership Corporation is a North Carolina-based nonprofit organization, headquartered at PO Box 1569, Forest City. Dedicated to delivering top-tier electric services, they aim to provide the best possible electric solutions to all who desire it within their service area, ensuring reasonable costs and adhering to the highest standards. The corporation employs a team of 206 individuals to fulfill their mission and maintain the electrical infrastructure.
What are the reviews and ratings of this charity?
Rutherford Electric Membership Corporation (EIN: 560386171) is not currently rated by Charity Navigator. This absence of a rating does not imply positive or negative feedback but rather reflects the limitations of current evaluation criteria. Charity Navigator's methodology, primarily based on accountability and finance, cannot be applied here as the organization is not a 501(c)(3) nonprofit.
Charity Navigator cannot assess Rutherford Electric Membership Corporation for areas like Impact & Measurement, Culture & Community, or Leadership & Adaptability due to its nonprofit status. Consequently, there is no available data on revenue, expenses, or salaries, highlighting a data gap for non-501(c)(3) organizations on Charity Navigator.
No user reviews from GreatNonprofits are available, preventing insight into community feedback or detailed subjective experiences. Overall, while Rutherford Electric Membership Corporation lacks formal evaluation and reviews, this reflects the organization's different operational structure rather than inherent qualities.
This AI summary has been generated from information found on Charity Navigator.
Is Rutherford Electric Membership Corporation legitimate?
Rutherford Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rutherford 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $569,735
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,130,190
For more financial information, click here
What is the mission statement of Rutherford Electric Membership Corporation?
The Rutherford Electric Membership Corporation is dedicated to delivering excellent electric service to all those who seek it within its operational area. Its mission is to provide reliable and high-quality electric service at a reasonable cost that aligns with the highest standards of service. The corporation is committed to ensuring customer satisfaction and maintaining a strong reputation for dependable power supply. Its primary goal is to meet the electricity needs of its community, prioritizing affordability and operational efficiency. Additionally, the organization may engage in initiatives aimed at enhancing the overall energy experience for its customers, such as energy conservation programs or community outreach efforts.
Who is the CEO of Rutherford Electric Membership Corporation?
S Dirk Burleson is the General Mana of Rutherford Electric Membership Corporation.
What is the revenue of Rutherford Electric Membership Corporation?
Rutherford Electric Membership Corporation's revenue in 2022 was $154,765,252.
Who are the executives of Rutherford Electric Membership Corporation and what are their salaries?
The average compensation at Rutherford Electric Membership Corporation during 2022 was $47,087. There are 206 employees at Rutherford Electric Membership Corporation.
Here are 16 key members and their salaries:
- Compensation: $268,274
- Related: $0
- Other: $28,045
- Compensation: $207,158
- Related: $0
- Other: $28,661
- Compensation: $205,080
- Related: $0
- Other: $28,661
- Compensation: $198,239
- Related: $0
- Other: $27,103
- Compensation: $142,262
- Related: $0
- Other: $47,189
- Compensation: $141,638
- Related: $0
- Other: $26,641
- Compensation: $37,311
- Related: $0
- Other: $0
- Compensation: $36,106
- Related: $0
- Other: $0
- Compensation: $34,841
- Related: $0
- Other: $0
- Compensation: $34,783
- Related: $0
- Other: $0
- Compensation: $34,630
- Related: $0
- Other: $0
- Compensation: $34,317
- Related: $0
- Other: $0
- Compensation: $33,941
- Related: $0
- Other: $0
- Compensation: $21,380
- Related: $0
- Other: $0
- Compensation: $19,526
- Related: $0
- Other: $0
- Compensation: $14,626
- Related: $0
- Other: $0
Where can I find the form 990 for Rutherford Electric Membership Corporation?
Rutherford Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rutherford Electric Membership Corporation
Rutherford Electric Membership Corporation, a dedicated utility service provider, is committed to delivering the highest standard of electric service to all who seek it within its system area. Established with a mission to provide the best possible electric service, the corporation ensures that affordability is a consistent priority.
In its efforts to maintain a reliable and efficient power grid, Rutherford Electric Membership Corporation strives to meet the electric needs of its community members at a reasonable cost. By focusing on quality and affordability, the corporation sets itself apart as a trusted utility provider, dedicated to enhancing the daily lives of its customers.
Through its unwavering commitment to providing top-tier electric service, Rutherford Electric Membership Corporation is not just a provider, but a partner to its customers. By prioritizing their needs and ensuring a reliable power supply, the corporation fosters a strong sense of community and trust. In all its actions, Rutherford Electric Membership Corporation remains dedicated to its mission of delivering the best possible electric service to all who desire it within its system area.
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Impact
October, 2024
Rutherford Electric Membership Corporation plays a vital role in delivering reliable electric service to the residents and businesses within its system area in Forest City, NC. By focusing on providing the best possible electric service, it ensures that all who desire access to electricity can do so at a reasonable cost, reflecting a commitment to quality and customer satisfaction.
The organization is dedicated to maintaining high service standards, which includes addressing outages promptly, supporting local community initiatives, and promoting energy efficiency and sustainability. This approach not only enhances the quality of life for its members but also fosters economic development by ensuring that businesses have the reliable energy needed for growth and innovation.
Through its efforts, Rutherford Electric Membership Corporation significantly contributes to the public benefit, creating a positive impact on the community by facilitating access to essential services that support education, healthcare, and overall well-being. Its mission underscores a commitment to serving the needs of its members while promoting responsible energy practices that benefit the broader environment and society.
This information is meant to be a general summary of Rutherford Electric Membership Corporation. 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: $153,822
- Program Service Revenue: $154,542,904
- Gross Receipts: $154,765,252
Assets and Liabilities:
- Total Assets: $344,224,971
- Total Liabilities: $203,258,255
- Net Assets: $140,966,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$152,903,712
POLE RENTAL
Revenue
$1,253,393
PATRONAGE CAPITAL
Revenue
$385,799
Organization Details
Founding Year
1940
Phone
(828) 245-1621Principal Officer
S Dirk Burleson
Main Address
PO BOX 1569, FOREST CITY, NC, 280431569
NTEE Category
Code: W80 - Public benefit
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