Overview
What is Fairfield Electric Cooperative Inc?
Fairfield Electric Cooperative Inc is a nonprofit organization based in South Carolina, specifically in PO Box 2500, Blythewood, with a ZIP code of 29016. The cooperative serves over 25,000 members in Fairfield, Kershaw, Richland, Chester, and York counties, providing them with high-quality energy services on a cooperative basis. The cooperative's mission is to serve its members and the community by ensuring the delivery of safe, reliable, and innovative energy services at a fair and reasonable price. The organization employs a team of 88 individuals to uphold these commitments.
Official website here: www.fairfield.coop
What are the reviews and ratings of this charity?
Fairfield Electric Cooperative Inc is not currently rated by Charity Navigator. The lack of a rating should not be viewed as either positive or negative, as it does not reflect on the organization's performance. Charity Navigator typically requires an organization to be a 501(c)(3) nonprofit to provide a rating, which Fairfield Electric Cooperative Inc is not.
Due to its classification, Fairfield Electric Cooperative Inc cannot be evaluated using the Accountability & Finance methodology, or assessed on Leadership, Impact, or Community Culture. Consequently, details regarding financial data, such as revenue and key salaries, are unavailable on Charity Navigator.
No user reviews for Fairfield Electric Cooperative Inc are available on GreatNonprofits. As such, community feedback and public sentiment towards the organization are not currently documented through this platform.
This AI summary has been generated from information found on Charity Navigator.
Is Fairfield Electric Cooperative Inc legitimate?
Fairfield Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fairfield 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: $436,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fairfield.coop
What is the mission statement of Fairfield Electric Cooperative Inc?
Fairfield Electric Cooperative Inc is dedicated to delivering quality energy services to its members at a fair and reasonable price. Its mission is to serve and contribute to the community by providing safe, reliable, and innovative energy solutions. With over 25,000 members across various counties, the cooperative ensures that energy services are cooperatively managed and accessible to all. By focusing on safety, reliability, and innovation, the cooperative strives to enhance the quality of life for its members and contribute to the overall development of the community.
Official website here: www.fairfield.coop
Who is the CEO of Fairfield Electric Cooperative Inc?
Bruce G Bacon is the Ceo of Fairfield Electric Cooperative Inc. The CEO's salary of Fairfield Electric Cooperative Inc is $214,575 and their total compensation is $343,792.
Official website here: www.fairfield.coop
What is the revenue of Fairfield Electric Cooperative Inc?
Fairfield Electric Cooperative Inc's revenue in 2022 was $79,666,610.
Official website here: www.fairfield.coop
Who are the executives of Fairfield Electric Cooperative Inc and what are their salaries?
The average compensation at Fairfield Electric Cooperative Inc during 2022 was $4,961. There are 88 employees at Fairfield Electric Cooperative Inc.
Here are 17 key members and their salaries (Fairfield Electric Cooperative Inc's CEO's salary is $214,575 and their total compensation is $343,792):
- Compensation: $214,575
- Related: $17,016
- Other: $112,201
- Compensation: $184,945
- Related: $0
- Other: $105,908
- Compensation: $140,743
- Related: $0
- Other: $71,841
- Compensation: $138,535
- Related: $0
- Other: $90,586
- Compensation: $128,526
- Related: $0
- Other: $75,061
- Compensation: $117,751
- Related: $0
- Other: $49,535
- Compensation: $35,688
- Related: $0
- Other: $0
- Compensation: $31,898
- Related: $13,117
- Other: $0
- Compensation: $28,006
- Related: $0
- Other: $0
- Compensation: $23,257
- Related: $0
- Other: $0
- Compensation: $22,100
- Related: $0
- Other: $0
- Compensation: $20,265
- Related: $0
- Other: $0
- Compensation: $17,000
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $12,146
- Related: $0
- Other: $0
- Compensation: $11,195
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Official website here: www.fairfield.coop
Where can I find the form 990 for Fairfield Electric Cooperative Inc?
Fairfield Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairfield.coop
Learn more at the official website: www.fairfield.coop
Mission Statement of Fairfield Electric Cooperative Inc
Fairfield Electric Cooperative Inc, a dedicated organization, strives to deliver quality energy services to its members at a fair and reasonable price. This mission is rooted in the cooperative's commitment to serving its community and ensuring the provision of safe, reliable, and innovative energy solutions.
The cooperative's operation extends to more than 25,000 members in various counties. Through a cooperative basis, Fairfield Electric Cooperative Inc aims to provide its members with consistent access to essential energy resources, enabling them to lead comfortable and productive lives. The organization's unwavering dedication to safety, reliability, and innovation sets it apart, allowing it to adapt to the changing energy landscape and effectively cater to the evolving needs of its members.
Fairfield Electric Cooperative Inc's commitment to its members goes beyond the delivery of energy services. As a responsible organization, it strives to maintain a strong connection with the communities it serves, fostering mutual trust and creating a positive impact. By consistently focusing on member satisfaction and community welfare, Fairfield Electric Cooperative Inc continues to solidify its position as a trusted energy provider and a valuable community partner.
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Impact
October, 2024
Fairfield Electric Cooperative Inc plays a significant role in its community by delivering quality energy services to over 25,000 members across Fairfield, Kershaw, Richland, Chester, and York counties. By focusing on fair and reasonable pricing, the cooperative ensures that energy remains accessible to all its members, fostering economic stability and growth in the region.
The mission of serving members and the community underscores its commitment to safety, reliability, and innovation in energy services. This dedication not only meets the immediate needs for energy but also contributes to the overall development of the area, enhancing quality of life and encouraging sustainable practices. Additionally, Fairfield Electric Cooperative fosters a sense of community by operating on a cooperative basis, which empowers members and encourages member involvement in decision-making processes.
Through its efforts, Fairfield Electric Cooperative Inc not only provides essential services but also supports the public benefit, contributing positively to the communities it serves.
This information is meant to be a general summary of Fairfield 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: $308,462
- Program Service Revenue: $79,358,148
- Gross Receipts: $79,666,610
Assets and Liabilities:
- Total Assets: $145,854,723
- Total Liabilities: $92,892,902
- Net Assets: $52,961,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$78,174,567
G&T CAPITAL CREDITS
Revenue
$430,560
OTHER CAPITAL CREDITS
Revenue
$417,429
POLE RENTAL
Revenue
$335,592
Organization Details
Founding Year
1939
Phone
(803) 754-0153Principal Officer
Bruce G Bacon
Main Address
PO BOX 2500, BLYTHEWOOD, SC, 29016
Website
www.fairfield.coopNTEE Category
Code: W80 - Public benefit
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