North Carolina Association Of Electric Cooperatives Inc

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

EIN: 561189186 ✦ Raleigh, NC ✦ Designated as a 501(c)(6)

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Overview

What is North Carolina Association Of Electric Cooperatives Inc?

The North Carolina Association of Electric Cooperatives Inc is a Raleigh-based nonprofit organization dedicated to supporting rural electrification. They distribute Carolina Country Magazine, which reaches approximately 720,000 customers of member cooperatives each month. Their mission encompasses providing essential programs and services to further the cause of rural electrification in the region.


Official website here: www.ncelectriccooperatives.com

Is North Carolina Association Of Electric Cooperatives Inc legitimate?

North Carolina Association Of Electric Cooperatives Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Carolina Association Of Electric Cooperatives Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ncelectriccooperatives.com

What is the mission statement of North Carolina Association Of Electric Cooperatives Inc?

The North Carolina Association of Electric Cooperatives Inc plays a crucial role in supporting rural electrification through various programs and services. Their mission, as stated, is dedicated to this cause. In essence, they strive to enhance rural electrification efforts by providing essential offerings. One of their initiatives includes the publication of a monthly magazine, Carolina Country, distributed to approximately 720,000 customers of member cooperatives. This magazine aims to provide valuable information and engagement opportunities for these customers. Overall, the Association's mission prioritizes advancing the accessibility of electricity in rural areas.


Official website here: www.ncelectriccooperatives.com

Who is the CEO of North Carolina Association Of Electric Cooperatives Inc?

Joseph P Brannan is the CEO of North Carolina Association Of Electric Cooperatives Inc The CEO's salary of North Carolina Association Of Electric Cooperatives Inc is $0 and their total compensation is $2,496,156.


Official website here: www.ncelectriccooperatives.com

What is the revenue of North Carolina Association Of Electric Cooperatives Inc?

North Carolina Association Of Electric Cooperatives Inc's revenue in 2023 was $13,446,952.


Official website here: www.ncelectriccooperatives.com

Who are the executives of North Carolina Association Of Electric Cooperatives Inc and what are their salaries?

Here are 58 key members and their salaries (North Carolina Association Of Electric Cooperatives Inc's CEO's salary is $0 and their total compensation is $2,496,156):


Joseph P Brannan (Evp And Ceo)
  • Compensation: $0
  • Related: $2,361,364
  • Other: $134,792
Lark S James (Svp And Cfo)
  • Compensation: $0
  • Related: $805,660
  • Other: $133,241
Charles E Bayless (Svp General)
  • Compensation: $0
  • Related: $345,138
  • Other: $117,003
Michael Youth (Assist. Sec.)
  • Compensation: $0
  • Related: $225,437
  • Other: $66,984
Timothy Dodge (Assist. Sec.)
  • Compensation: $0
  • Related: $190,504
  • Other: $72,708
Nelle Hotchkiss (Svp And Coo)
  • Compensation: $0
  • Related: $374,023
  • Other: $131,511
Richard A Midgett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Dirk Burleson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammie Phillips (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Andress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Askew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Batchelor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Dean Carpenter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Cherry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Douglas Brinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Dalrymple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Michael Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan E Flythe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gatton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Hamlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winston Howell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas W Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard H Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey B Joines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Joplin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Randy Kinley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl W Kornegay Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale F Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tucker Lemley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Locklear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon T Locklear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Loven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Mangum Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzy Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Oldham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karoline Overby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John L Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elbert Ray Pitt Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Greg Puckett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Sorrells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen W Speller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Spence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald H Spivey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Spruill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark A Suggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Thorton Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dent Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Max Walser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Basil Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Winslow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncelectriccooperatives.com

Where can I find the form 990 for North Carolina Association Of Electric Cooperatives Inc?

North Carolina Association Of Electric Cooperatives Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ncelectriccooperatives.com

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

Mission Statement of North Carolina Association Of Electric Cooperatives Inc

The North Carolina Association of Electric Cooperatives Inc is a dedicated organization that strives to provide programs and services in support of rural electrification. This mission is at the heart of the cooperative's operations, driving its efforts to improve the lives of those living in rural areas by ensuring they have access to reliable and essential electrical services.

One way the North Carolina Association of Electric Cooperatives Inc achieves this goal is through the publication and distribution of Carolina Country Magazine. With approximately 720,000 copies distributed monthly, this magazine reaches a vast audience of customers of member cooperatives. The magazine serves as a valuable resource, providing engaging content that appeals to the rural community and fosters a sense of connection among its readers. By offering this monthly publication, the cooperative not only keeps its customers informed but also strengthens its relationship with them.

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Impact



October, 2024

The North Carolina Association of Electric Cooperatives Inc plays a crucial role in supporting rural electrification through various programs and services. One of its significant initiatives is the publication of Carolina Country Magazine, which is distributed monthly to customers of member cooperatives, reaching approximately 720,000 households. This magazine not only informs and educates residents about energy usage and efficiency but also fosters a sense of community by highlighting local stories and events. The association's commitment to rural electrification ensures that communities have access to reliable energy, enhancing quality of life and promoting economic development in rural areas of North Carolina.



This information is meant to be a general summary of North Carolina Association Of Electric Cooperatives Inc. 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.

Revenue
$13,446,952 (2023)
Expenses
$12,822,225 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30,314
  • Program Service Revenue: $11,004,198
  • Gross Receipts: $13,447,035

Assets and Liabilities:

  • Total Assets: $3,534,348
  • Total Liabilities: $461,192
  • Net Assets: $3,073,156

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Programs

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

CAROLINA COUNTRY MAGAZINE

Revenue

$4,875,050

MEMBER SERVICES & DUES

Revenue

$3,887,839

JOB TRAINING & SAFETY

Revenue

$1,192,219

CAROLINA COUNTRY MAGAZINE

Revenue

$1,049,090

Organization Details

Founding Year

1977

Principal Officer

Joseph P Brannan

Website

www.ncelectriccooperatives.com

NTEE Category

Code: W80 - Public benefit

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