Little River 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: 570199889 ✦ Abbeville, SC ✦ Designated as a 501(c)(12)

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Overview

What is Little River Electric Cooperative Inc?

Little River Electric Cooperative Inc is a nonprofit organization committed to delivering top-quality electric services to those residing within its system area. With a mission to provide the best possible electric service at a reasonable cost, they uphold the highest standards in service delivery. The cooperative's primary goal is to cater to the electric needs of all who desire it within their reach.


Official website here: www.lreci.coop/

What do the Facebook reviews say about Little River Electric Cooperative Inc?

86% of the 17 reviewers on Facebook recommend Little River Electric Cooperative Inc. The feedback highlights the nonprofit’s effectiveness in responding to emergencies, particularly emphasizing their swift action in restoring power to residents affected by Hurricane Helene.

Many users expressed appreciation for the team’s dedication and hard work during challenging times. Their satisfaction with the cooperative’s service reinforces a positive sentiment regarding its commitment to the community and reliability in crucial situations.

Overall, it seems that people feel confident in Little River Electric Cooperative's ability to deliver essential services, creating a sense of trust and support among its members.


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

Is Little River Electric Cooperative Inc legitimate?

Little River Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Little River 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: $446,653
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lreci.coop/

What is the mission statement of Little River Electric Cooperative Inc?

Little River Electric Cooperative Inc is committed to delivering top-notch electric service to all those who seek it within its operational area. It prioritizes affordability, ensuring the cost remains reasonable whilst maintaining service standards at their highest level. The cooperative's primary goal is to ensure customer satisfaction by consistently providing reliable and efficient electric services. Its dedication to excellence is reflected in its day-to-day operations and its commitment to continually improving its offerings to meet the evolving needs of its clientele.


Official website here: www.lreci.coop/

Who is the CEO of Little River Electric Cooperative Inc?

Jeff Lewis is the President of Little River Electric Cooperative Inc. The CEO's salary of Little River Electric Cooperative Inc is $107,180 and their total compensation is $107,180.


Official website here: www.lreci.coop/

What is the revenue of Little River Electric Cooperative Inc?

Little River Electric Cooperative Inc's revenue in 2022 was $31,592,526.


Official website here: www.lreci.coop/

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

The average compensation at Little River Electric Cooperative Inc during 2022 was $11,453. There are 39 employees at Little River Electric Cooperative Inc.


Here are 14 key members and their salaries (Little River Electric Cooperative Inc's CEO's salary is $107,180 and their total compensation is $107,180):


Wf Davis (President)
  • Compensation: $17,050
  • Related: $0
  • Other: $0
Terry Ricketts (Vice Preside)
  • Compensation: $18,850
  • Related: $0
  • Other: $0
Patsy Wilson (Secretary/Tr)
  • Compensation: $14,800
  • Related: $0
  • Other: $0
Rn Parker (Trustee)
  • Compensation: $15,700
  • Related: $0
  • Other: $0
Michael Johnson (Trustee)
  • Compensation: $23,800
  • Related: $0
  • Other: $0
Wayne Gary (Trustee)
  • Compensation: $14,462
  • Related: $0
  • Other: $0
Wayne Erwin (Trustee)
  • Compensation: $16,600
  • Related: $0
  • Other: $0
Travis Burriss (Trustee)
  • Compensation: $14,350
  • Related: $0
  • Other: $0
Jeff Lewis (Gm/Ceo)
  • Compensation: $210,073
  • Related: $0
  • Other: $100,968
Jo S Elliott (Hr Director)
  • Compensation: $128,420
  • Related: $0
  • Other: $65,827
Stephen Busbee (Operation Se)
  • Compensation: $117,383
  • Related: $0
  • Other: $55,238
Chad Stone (Line Operati)
  • Compensation: $117,222
  • Related: $0
  • Other: $56,404
Michael Hall (Engineer Ser)
  • Compensation: $115,205
  • Related: $0
  • Other: $48,490
Mike Ellis (Ceo - Retire)
  • Compensation: $107,180
  • Related: $0
  • Other: $0


Official website here: www.lreci.coop/

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

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


Official website here: www.lreci.coop/

Learn more at the official website: www.lreci.coop/

Mission Statement of Little River Electric Cooperative Inc

Little River Electric Cooperative Inc is dedicated to delivering top-notch electric services to all who seek it within its operational area. With a strong commitment to quality, the cooperative strives to provide electric services at a reasonable cost, ensuring consistency with the highest industry standards.

In fulfilling its mission, Little River Electric Cooperative Inc goes above and beyond to deliver the best possible electric service to its customers. The cooperative's team of professionals and experts works tirelessly to maintain a reliable and efficient electrical infrastructure, allowing for a consistent power supply, even during unforeseen circumstances. Furthermore, the cooperative places a high emphasis on customer satisfaction, ensuring that any concerns or issues are addressed promptly and effectively.

Little River Electric Cooperative Inc is not just about providing electric services; it is about serving its community with the utmost care and dedication. The cooperative understands the importance of electricity in today's world and the role it plays in improving the quality of life for its customers. By adhering to the highest standards of service and maintaining a reasonable cost structure, Little River Electric Cooperative Inc continues to build a strong reputation as a reliable and trusted electric service provider.

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Impact




October, 2024

Little River Electric Cooperative Inc focuses on delivering high-quality electric service to its community in Abbeville, SC. By prioritizing reasonable costs and adhering to the highest standards of service, the cooperative ensures that all residents who seek electricity can access it effectively. This commitment enhances the quality of life in the area, supporting local development, and fostering a reliable energy infrastructure. The cooperative's efforts contribute significantly to the well-being and growth of the community, making reliable electric service a cornerstone of daily living and economic stability.




This information is meant to be a general summary of Little River 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
$31,592,526 (2022)
Expenses
$31,498,857 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $93,669
  • Program Service Revenue: $31,498,857
  • Gross Receipts: $31,592,526

Assets and Liabilities:

  • Total Assets: $75,142,433
  • Total Liabilities: $49,626,027
  • Net Assets: $25,516,406

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Programs

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

ELECTRIC REVENUE

Revenue

$31,102,174

G & T CAPITAL CREDITS

Revenue

$158,041

OTHER CAPITAL CREDITS

Revenue

$106,573

OTHER

Revenue

$68,173

POLE RENTAL

Revenue

$63,896

Organization Details

Founding Year

1940

Principal Officer

Jeff Lewis

Main Address

PO BOX 220, ABBEVILLE, SC, 296200220

NTEE Category

Code: W80 - Public benefit

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