Aiken Electric Cooperative Inc

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

EIN: 570113065 ✦ Aiken, SC ✦ Designated as a 501(c)(12)

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Overview

What is Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc is a nonprofit organization committed to delivering reliable and competitively priced energy and services that cater to the needs of its members. They focus on providing the best electric service in their area while maintaining high standards.


Official website here: www.aikenco-op.org

What are the reviews and ratings of this charity?

Aiken Electric Cooperative Inc is not currently rated by Charity Navigator, mainly because it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator evaluates 501(c)(3) organizations that are eligible to receive tax-deductible contributions. The lack of a rating should not be interpreted as either positive or negative but rather reflects the current scope of Charity Navigator's evaluations.

There is no financial information available on Total Revenue and Expenses or Salary of Key Persons for Aiken Electric Cooperative Inc. This entity operates as an independent organization but does not qualify for typical nonprofit evaluation methods focused on Accountability & Finance, Impact & Measurement, or Culture & Community.

No user reviews are available from GreatNonprofits for Aiken Electric Cooperative Inc, leaving a gap in publicly shared community feedback. As such, potential stakeholders might need to seek out more localized resources or direct engagement to gain insights into the cooperative's operations and community impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Aiken Electric Cooperative Inc?

80% of 276 reviewers on Facebook recommend Aiken Electric Cooperative Inc. Here is a summary of their reviews:

Many users express dissatisfaction with the customer service, particularly regarding billing issues and communication. A common complaint involves receiving fees for late payments and the lack of proactive notice prior to service disconnection. One reviewer noted that after a brief delay in payment, they were charged a fee and faced immediate threats of service interruption, highlighting a preference for a more lenient and communicative approach.

On the other hand, there are some positive mentions of the cooperative's reliability and service quality, suggesting that while certain aspects of customer interaction need improvement, the core services provided by Aiken Electric are generally dependable. Overall, sentiment seems mixed, with a significant portion of customers feeling frustrated by the processes in place.


This AI summary has been generated from reviews found on Facebook.

Is Aiken Electric Cooperative Inc legitimate?

Aiken Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Aiken Electric Cooperative 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: $922,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aikenco-op.org

What is the mission statement of Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc is dedicated to delivering reliable and competitively priced energy and services to its membership. The company aspires to offer the best electric service in its area while maintaining high standards of quality. Its primary goal is to meet the energy needs and desires of its customer base. The team at Aiken Electric Cooperative Inc continually works to provide energy solutions that cater to the preferences of its community. By focusing on reliability and affordability, the cooperative strives to enhance the living experience of its members.


Official website here: www.aikenco-op.org

Who is the CEO of Aiken Electric Cooperative Inc?

Gary L Stooksbury is the President of Aiken Electric Cooperative Inc. The CEO's salary of Aiken Electric Cooperative Inc is $418,727 and their total compensation is $624,715.


Official website here: www.aikenco-op.org

What is the revenue of Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc's revenue in 2022 was $129,207,135.


Official website here: www.aikenco-op.org

Who are the executives of Aiken Electric Cooperative Inc and what are their salaries?

The average compensation at Aiken Electric Cooperative Inc during 2022 was $5,914. There are 156 employees at Aiken Electric Cooperative Inc.


Here are 18 key members and their salaries (Aiken Electric Cooperative Inc's CEO's salary is $418,727 and their total compensation is $624,715):


J Strom Thurmond Jr (President)
  • Compensation: $17,470
  • Related: $1,550
  • Other: $0
Robert Curry (Vice Preside)
  • Compensation: $29,907
  • Related: $1,000
  • Other: $0
Linda Bramlett (Secretary/Tr)
  • Compensation: $15,884
  • Related: $1,500
  • Other: $0
Charles Sanders Jr (Assistant Se)
  • Compensation: $22,977
  • Related: $1,500
  • Other: $0
Otis Dewitt Livingston (Trustee)
  • Compensation: $18,578
  • Related: $1,500
  • Other: $0
O Frank Dorn (Trustee)
  • Compensation: $37,886
  • Related: $1,500
  • Other: $0
Vincent Furtick Jr (Trustee)
  • Compensation: $49,393
  • Related: $1,500
  • Other: $0
Dana Moseley (Trustee)
  • Compensation: $30,078
  • Related: $1,500
  • Other: $0
James E Stewart Jr (Trustee)
  • Compensation: $30,836
  • Related: $1,500
  • Other: $0
Scott Riddle (Trustee)
  • Compensation: $44,860
  • Related: $2,025
  • Other: $0
Theo R Williams (Former Trust)
  • Compensation: $11,251
  • Related: $0
  • Other: $0
Wayne Furtick (Former Trust)
  • Compensation: $11,552
  • Related: $0
  • Other: $0
Gary L Stooksbury (Ceo)
  • Compensation: $418,727
  • Related: $0
  • Other: $205,988
Dan Garman (Vp Engineeri)
  • Compensation: $232,462
  • Related: $0
  • Other: $205,864
William Inman (Vp Strategic)
  • Compensation: $192,922
  • Related: $0
  • Other: $100,232
Casey Grice (Crew Chief)
  • Compensation: $167,415
  • Related: $0
  • Other: $49,221
April Collins (Vp Finance A)
  • Compensation: $157,025
  • Related: $0
  • Other: $141,165
Nicholas Stoker (Sr. Substati)
  • Compensation: $157,709
  • Related: $0
  • Other: $70,099


Official website here: www.aikenco-op.org

Where can I find the form 990 for Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aikenco-op.org

Learn more at the official website: www.aikenco-op.org

Mission Statement of Aiken Electric Cooperative Inc

Aiken Electric Cooperative Inc is committed to delivering reliable and competitively priced energy and additional services that cater to the preferences of its membership. The cooperative works diligently to offer the finest electric service in its area, all while maintaining a strong commitment to quality. By prioritizing its members' needs, Aiken Electric Cooperative Inc aims to build trust and foster long-lasting relationships.

The cooperative's primary focus is to ensure a consistent energy supply, offering its members peace of mind and stability. By providing competitively priced services, Aiken Electric Cooperative Inc shows its dedication to helping its members save on their energy expenses. The cooperative's ultimate goal is to exceed member expectations and contribute to their overall satisfaction.

Aiken Electric Cooperative Inc is more than just an energy provider; it is a trusted partner to its members. By consistently providing reliable services, the cooperative has earned a reputation for excellence in its field. The team at Aiken Electric Cooperative Inc is dedicated to ensuring that every member's needs are met, ensuring that they can power their homes and businesses efficiently and effectively.

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Impact




October, 2024

Aiken Electric Cooperative Inc plays a significant role in the community by striving to provide reliable and competitively priced energy to its members. By focusing on delivering high-quality electric service, the cooperative ensures that residents and businesses in Aiken, South Carolina, have access to the energy they need to thrive. The cooperative's commitment to fulfilling the desires of its membership enhances the quality of life in the area, as it not only meets energy demands but also supports economic growth and stability.

In addition to energy provision, Aiken Electric Cooperative is dedicated to offering other services that benefit its members, contributing to overall community well-being. With a mission centered on quality and reliability, the cooperative stands as a trusted partner in fostering a sustainable energy future for Aiken, reinforcing its commitment to public benefit and member satisfaction. Overall, Aiken Electric Cooperative Inc positively impacts the community by prioritizing service excellence, affordability, and member engagement.




This information is meant to be a general summary of Aiken Electric Cooperative 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
$129,207,135 (2022)
Expenses
$131,858,114 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,197,629
  • Program Service Revenue: $128,660,485
  • Gross Receipts: $129,207,135

Assets and Liabilities:

  • Total Assets: $416,693,144
  • Total Liabilities: $290,039,577
  • Net Assets: $126,653,567

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Programs

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

ELECTRIC REVENUE

Revenue

$125,479,353

OTHER CAPITAL CREDITS

Revenue

$2,980,220

POLE RENTAL

Revenue

$200,912

Organization Details

Founding Year

1938

Principal Officer

Gary L Stooksbury

Main Address

PO BOX 417, AIKEN, SC, 29802

NTEE Category

Code: W80 - Public benefit

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