Overview
What is Horry Electric Cooperative Inc?
Horry Electric Cooperative Inc, a nonprofit organization based in Conway, South Carolina, serves its community on a fair and equitable basis by providing essential energy-related information and services. As a member-owned cooperative, it prides itself on its commitment to delivering these offerings in an inclusive and unbiased manner. The organization's mission centers around information dissemination and energy services, ensuring a sustainable and accessible energy solution for its members.
Is Horry Electric Cooperative Inc legitimate?
Horry Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Horry 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: $692,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Horry Electric Cooperative Inc?
Horry Electric Cooperative Inc is a non-profit organization run by its members, dedicated to providing energy-related services and essential information on a fair and equitable basis. The cooperative's mission is to ensure access to these necessary resources for all, fostering a sense of community and mutual support. As a member-owned entity, it places a high priority on transparency and fairness in its operations to benefit its members. By focusing on sustainability and reliability, the cooperative aims to meet the diverse energy needs of its community, promoting energy efficiency and advocating for affordable solutions.
Who is the CEO of Horry Electric Cooperative Inc?
Daniel B Shelley is the President of Horry Electric Cooperative Inc. The CEO's salary of Horry Electric Cooperative Inc is $136,387 and their total compensation is $136,387.
What is the revenue of Horry Electric Cooperative Inc?
Horry Electric Cooperative Inc's revenue in 2022 was $183,800,746.
Who are the executives of Horry Electric Cooperative Inc and what are their salaries?
The average compensation at Horry Electric Cooperative Inc during 2022 was $3,498. There are 198 employees at Horry Electric Cooperative Inc.
Here are 17 key members and their salaries (Horry Electric Cooperative Inc's CEO's salary is $136,387 and their total compensation is $136,387):
- Compensation: $16,514
- Related: $0
- Other: $0
- Compensation: $26,965
- Related: $0
- Other: $0
- Compensation: $13,563
- Related: $0
- Other: $0
- Compensation: $23,263
- Related: $0
- Other: $0
- Compensation: $18,422
- Related: $0
- Other: $0
- Compensation: $25,663
- Related: $0
- Other: $0
- Compensation: $15,453
- Related: $0
- Other: $0
- Compensation: $21,634
- Related: $0
- Other: $0
- Compensation: $18,574
- Related: $0
- Other: $0
- Compensation: $14,482
- Related: $0
- Other: $0
- Compensation: $351,046
- Related: $0
- Other: $161,428
- Compensation: $136,387
- Related: $0
- Other: $0
- Compensation: $203,748
- Related: $0
- Other: $114,222
- Compensation: $175,429
- Related: $0
- Other: $99,483
- Compensation: $170,950
- Related: $0
- Other: $96,587
- Compensation: $169,429
- Related: $0
- Other: $97,858
- Compensation: $168,659
- Related: $0
- Other: $97,407
Where can I find the form 990 for Horry Electric Cooperative Inc?
Horry Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Horry Electric Cooperative Inc
Horry Electric Cooperative Inc, a non-profit organization, is dedicated to providing information and energy-related services on a fair and equitable basis for its members. This member-owned cooperative operates with a mission to make a positive impact in the lives of its community, going beyond just supplying electricity.
The organization, Horry Electric Cooperative Inc, prides itself on being more than just an energy provider. It is a community partner, offering essential services and resources to its members in a just and unbiased manner. As a non-profit entity, the cooperative is committed to putting the needs and interests of its members first.
In essence, Horry Electric Cooperative Inc is a beacon of fairness and equality in the energy sector, providing crucial services and vital information to its members in a manner that benefits everyone involved. By focusing on the principles of transparency, accountability, and collaboration, the cooperative not only delivers reliable energy solutions but also fosters a strong sense of community among its members.
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Impact
October, 2024
Horry Electric Cooperative Inc plays a vital role in the community by providing essential energy-related services and information to its members. Based in Conway, SC, the cooperative fosters a member-owned approach, ensuring that its services are delivered on a fair and equitable basis. This emphasis on community involvement and member engagement helps to empower individuals and families, providing them with reliable access to energy and resources that enhance their quality of life.
The cooperative's commitment to transparency and member trust builds a strong sense of community, allowing members to feel more connected and involved in energy-related decisions that affect their lives. By prioritizing public benefit, Horry Electric Cooperative Inc ensures that its operations contribute positively to the well-being of the region it serves, enabling local growth and development.
Through its energy services, Horry Electric Cooperative Inc also plays a key role in implementing sustainable practices and promoting energy efficiency initiatives among its members. This not only helps reduce overall energy consumption but also supports environmental stewardship within the community. Overall, Horry Electric Cooperative Inc's impact is significant in driving economic and social benefits for its members and the broader community in Horry County.
This information is meant to be a general summary of Horry 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: $956,641
- Program Service Revenue: $188,218,753
- Gross Receipts: $183,800,746
Assets and Liabilities:
- Total Assets: $437,222,676
- Total Liabilities: $233,947,329
- Net Assets: $203,275,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$184,939,328
OTHER CAPITAL CREDITS
Revenue
$1,906,613
G & T CAPITAL CREDITS
Revenue
$863,070
POLE RENTAL
Revenue
$509,742
Organization Details
Founding Year
1940
Phone
(843) 369-2211Principal Officer
Daniel B Shelley
Main Address
PO BOX 119, CONWAY, SC, 295280119
NTEE Category
Code: W80 - Public benefit
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