Blue Ridge Electric Cooperative Inc

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

EIN: 570125510 ✦ Pickens, SC ✦ Designated as a 501(c)(12)

Overview

What is Blue Ridge Electric Cooperative Inc?

Blue Ridge Electric Cooperative Inc is a nonprofit organization based in Pickens, South Carolina. Their primary mission is to provide top-tier electric service to anyone residing within their system area at a reasonable cost, adhering to the highest standards of customer service. With a workforce of 208 employees, they are dedicated to delivering the best possible electric service to their community.


Is Blue Ridge Electric Cooperative Inc legitimate?

Blue Ridge Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Blue Ridge 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $905,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Blue Ridge Electric Cooperative Inc?
Who is the CEO of Blue Ridge Electric Cooperative Inc?
What is the revenue of Blue Ridge Electric Cooperative Inc?
Who are the executives of Blue Ridge Electric Cooperative Inc and what are their salaries?
Where can I find the form 990 for Blue Ridge Electric Cooperative Inc?

Mission Statement of Blue Ridge Electric Cooperative Inc

Blue Ridge Electric Cooperative Inc, a dedicated electrical service provider, is committed to delivering the finest possible electric service to all customers within its system area. This organization prioritizes affordability while adhering to the highest standards of service.

In pursuing its mission, Blue Ridge Electric Cooperative Inc strives to ensure that all those desiring electric service within its jurisdiction can access reliable and efficient power. The cooperative's focus on reasonable costs enables it to cater to a wide range of customers, ensuring that electricity remains a fundamental necessity within reach for all. The cooperative's unwavering commitment to delivering the best possible electric service is a testament to its dedication and professionalism.

Blue Ridge Electric Cooperative Inc's unwavering pursuit of excellence is reflected in its day-to-day operations. The cooperative invests heavily in maintaining and upgrading its infrastructure to ensure the consistent delivery of top-notch electric service. By putting the needs of its customers at the forefront, Blue Ridge Electric Cooperative Inc has built a reputation as a trusted and reliable partner for electric power.

In summary, Blue Ridge Electric Cooperative Inc is a devoted and customer-focused electrical service provider, dedicated to delivering the best possible electric service to all who desire it within its system area at reasonable costs. Its commitment to upholding the highest standards of service sets it apart as a leader in the electric utility industry.

Impact

This information is meant to be a general summary of Blue Ridge Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Blue Ridge Electric Cooperative Inc's impact is significant as it fulfills its mission of providing the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service. By ensuring reliable and affordable electricity to its community in Pickens, SC, Blue Ridge Electric Cooperative Inc plays a crucial role in supporting economic development, enhancing quality of life, and promoting overall well-being in the region. Their commitment to public benefit underscores their dedication to serving the needs of the community and contributing positively to the local area.





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: $175,610
  • Program Service Revenue: $179,854,626
  • Gross Receipts: $180,062,478

    • Assets and Liabilities:
  • Total Assets: $468,943,378
  • Total Liabilities: $382,186,316
  • Net Assets: $86,757,062
  • Programs

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

    ELECTRICITY SALES

    Revenue

    $175,214,514

    OTHER ELECTRIC REVENUES

    Revenue

    $1,396,613

    INVESTMENTS IN ASSOC. CAPITAL

    Revenue

    $1,220,069

    G&T CAPITAL CREDITS

    Revenue

    $1,019,711

    POLE RENTAL REVENUE

    Revenue

    $1,003,719

    Organization Details

    Founding Year

    1940

    Principal Officer

    James Lovinggood

    Main Address

    PO BOX 277, PICKENS, SC, 29671

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Blue Ridge Electric Cooperative Inc 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.