Overview
What is Edisto Electric Cooperative Inc?
Edisto Electric Cooperative Inc is a nonprofit organization headquartered in Bamberg, South Carolina. Their primary mission is to deliver superior electric services to all who wish to avail of it within their service area, maintaining affordable costs while adhering to the highest service standards. With a team of 77 dedicated employees, they are committed to ensuring uninterrupted electric service to residents and businesses in the community.
Is Edisto Electric Cooperative Inc legitimate?
Edisto Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Edisto 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: $678,217
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Edisto Electric Cooperative Inc?
Edisto Electric Cooperative Inc strives to deliver top-notch electric service to all those who seek it within its operational area. The cooperative is committed to upholding the highest standards of service while keeping costs reasonable. Their mission is focused on ensuring customer satisfaction by providing the best possible electric service. The cooperative's dedication to excellence is evident in its consistent efforts to meet the needs of its customers within its service area. By prioritizing quality and affordability, Edisto Electric Cooperative Inc fosters trust and reliability within its customer base.
Who is the CEO of Edisto Electric Cooperative Inc?
David E Felkel is the President & of Edisto Electric Cooperative Inc.
What is the revenue of Edisto Electric Cooperative Inc?
Edisto Electric Cooperative Inc's revenue in 2022 was $54,032,743.
Who are the executives of Edisto Electric Cooperative Inc and what are their salaries?
The average compensation at Edisto Electric Cooperative Inc during 2022 was $8,808. There are 77 employees at Edisto Electric Cooperative Inc.
Here are 17 key members and their salaries:
- Compensation: $288,645
- Related: $0
- Other: $127,292
- Compensation: $152,988
- Related: $0
- Other: $82,411
- Compensation: $147,828
- Related: $0
- Other: $78,739
- Compensation: $140,312
- Related: $0
- Other: $76,345
- Compensation: $124,842
- Related: $0
- Other: $68,780
- Compensation: $120,991
- Related: $0
- Other: $70,594
- Compensation: $34,743
- Related: $0
- Other: $0
- Compensation: $34,464
- Related: $0
- Other: $0
- Compensation: $32,817
- Related: $0
- Other: $0
- Compensation: $32,512
- Related: $0
- Other: $0
- Compensation: $31,598
- Related: $0
- Other: $0
- Compensation: $31,516
- Related: $0
- Other: $0
- Compensation: $31,298
- Related: $0
- Other: $0
- Compensation: $17,845
- Related: $0
- Other: $0
- Compensation: $7,043
- Related: $0
- Other: $0
- Compensation: $4,430
- Related: $0
- Other: $0
- Compensation: $4,014
- Related: $0
- Other: $0
Where can I find the form 990 for Edisto Electric Cooperative Inc?
Edisto Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edisto Electric Cooperative Inc
Edisto Electric Cooperative Inc, a dedicated electric service provider, commits to delivering the highest standard of electricity to all who wish to avail of it within its operational area. Consistently adhering to reasonableness in costs, this organization puts forth unwavering efforts to meet the electric needs of its community with excellence.
At the core of Edisto Electric Cooperative Inc's operations is the unwavering dedication to delivering superior electric services. The cooperative's mission is to extend the best possible electric service to all residents and businesses within its jurisdiction, ensuring that the quality of the electricity supplied remains consistently high. The organization's emphasis on reasonable costs underlines its commitment to accessibility and affordability, allowing more individuals and families to enjoy the benefits of reliable electricity within their homes and businesses.
Edisto Electric Cooperative Inc's unwavering pursuit of excellence in electric services ensures that its customers experience minimal disruptions and maximum reliability. By maintaining the highest standards of service, the cooperative not only meets the immediate needs of its customers but also positions itself as a trusted partner in the community, working towards a brighter and more connected future for all.
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Impact
October, 2024
Edisto Electric Cooperative Inc profoundly impacts the community by ensuring reliable and affordable electricity services for all its members. Operating in Bamberg, South Carolina, the cooperative is dedicated to delivering high-quality electric service while maintaining a focus on reasonable costs. This commitment not only enhances the quality of life for residents but also supports local businesses and fosters economic growth. By upholding the highest standards of service, Edisto Electric Cooperative Inc strengthens community ties and ensures that every member has access to essential utilities, contributing to the overall well-being and development of the area.
This information is meant to be a general summary of Edisto 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $336,377
- Program Service Revenue: $53,696,366
- Gross Receipts: $54,032,743
Assets and Liabilities:
- Total Assets: $118,264,291
- Total Liabilities: $78,778,549
- Net Assets: $39,485,742
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SERVICE REVENUE
Revenue
$52,003,372
OTHER ELECTRIC REVENUE
Revenue
$1,150,878
CAPITAL CREDITS
Revenue
$504,335
POLE RENTAL
Revenue
$37,781
Organization Details
Founding Year
1939
Phone
(803) 245-5141Principal Officer
David E Felkel
Main Address
PO BOX 547, BAMBERG, SC, 29003
NTEE Category
Code: W80 - Public benefit
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