Overview
What is South River Electric Membership Corporation?
South River Electric Membership Corporation, based in Dunn, NC, is a locally-owned and operated electric cooperative committed to providing safe, reliable, and competitively-priced electricity to its members. With a dedication to excellence and empowering its community, South River prioritizes high standards of performance and integrity. The cooperative is mission-driven, striving to serve its members with unwavering commitment and focus. South River's operations encompass the sale and distribution of electricity, as well as various electric services tailored to its members.
Official website here: www.sremc.com
Is South River Electric Membership Corporation legitimate?
South River Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. South River 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: $668,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of South River Electric Membership Corporation?
South River Electric Membership Corporation (South River) is a locally-owned and operated electric cooperative, committed to providing safe, reliable, and competitively-priced electricity to its members. The mission of South River is to achieve excellence and empower its members, with a dedication to high standards of performance and integrity. The cooperative prioritizes its members above all else, ensuring their electrical needs are met with efficiency and reliability. South River's focus on member satisfaction and commitment to high-quality service sets it apart as a premier electric provider.
Official website here: www.sremc.com
Who is the CEO of South River Electric Membership Corporation?
Christopher M Spears is the President of South River Electric Membership Corporation.
Official website here: www.sremc.com
What is the revenue of South River Electric Membership Corporation?
South River Electric Membership Corporation's revenue in 2022 was $110,165,030.
Official website here: www.sremc.com
Who are the executives of South River Electric Membership Corporation and what are their salaries?
The average compensation at South River Electric Membership Corporation during 2022 was $5,868. There are 114 employees at South River Electric Membership Corporation.
Here are 15 key members and their salaries:
- Christopher M Spears (Executive Vp)
- Andrew A Hardy (Cfo)
- Larry C Richardson Jr (Vp Of E&O)
- John Timothy Peede (Vp Of Info T)
- Catherine O'Dell (Vp Of Member)
- Barbara West-Lee (Vp Of Corpor)
- Dr E Sue Godwin-Baker (President) [Trustee/Director]
- Kelly Harrington (Vice Preside) [Trustee/Director]
- Clarence Wayne Collier Jr (Director)
- Sue R Flowers (Secretary) [Trustee/Director]
- George B Williams (Treasurer) [Trustee/Director]
- Dorcas A Fisher (Director)
- Clifton Mcneill Jr (Director)
- James W Simmons (Director)
- Jeffrey Martin (Director)
Official website here: www.sremc.com
Where can I find the form 990 for South River Electric Membership Corporation?
The South River Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sremc.com
Learn more at the official website: www.sremc.com
Mission Statement of South River Electric Membership Corporation
South River Electric Membership Corporation, or South River, is a locally-owned and operated electric cooperative that puts great emphasis on delivering safe, reliable, and competitively-priced electricity to its members. The organization is deeply committed to achieving excellence and empowering its community. South River's mission is underpinned by a dedication to maintaining high standards of performance and integrity. The cooperative places its members at the forefront of its priorities, striving to provide them with not only consistent electrical services but also a sense of empowerment.
By focusing on the needs of its members, South River Electric Membership Corporation works tirelessly to ensure their satisfaction and peace of mind. The cooperative's unwavering commitment to its members is evident in its pursuit of excellence and the high standards it holds itself to. South River's mission encompasses a deep sense of responsibility towards its community, acknowledging that the provision of electricity is more than just a business transaction – it's about making a positive impact on people's lives.
South River Electric Membership Corporation is dedicated to operating at the highest level of performance, both in terms of its electrical services and its commitment to its members. This dedication has earned the cooperative a reputation as a premier local utility, trusted by its community to provide essential electrical services with reliability and affordability. Through its unwavering focus on its members and its commitment to excellence, South River Electric Membership Corporation has forged strong bonds with the community it serves.
Impact
This information is meant to be a general summary of South River 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
South River Electric Membership Corporation plays a significant role in providing safe, reliable, and competitively-priced electricity to its members. The cooperative is committed to achieving excellence and empowering its members by maintaining high standards of performance and integrity. Operating as a premier locally-owned and operated electric cooperative, South River Electric Membership Corporation prioritizes the needs and satisfaction of its members in Dunn, NC.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$105,742,883
PAT CAP CREDITS
Revenue
$2,798,987
OTHER REVENUES
Revenue
$1,402,684
POLE RENTAL
Revenue
$72,454
Organization Details
Founding Year
1940
Phone
(910) 892-8071
Principal Officer
Christopher M Spears
Main Address
PO BOX 931, DUNN, NC, 283350931
Website
www.sremc.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of South River Electric Membership Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.