Pee Dee 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: 570223728 ✦ Darlington, SC ✦ Designated as a 501(c)(12)

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Overview

What is Pee Dee Electric Cooperative Inc?

Pee Dee Electric Cooperative Inc is a nonprofit organization dedicated to delivering high-quality electric services to those who seek it within their designated service area. Committed to affordability, they aim to provide power at reasonable costs, maintaining the highest standards of service. The mission of Pee Dee Electric Cooperative Inc is to ensure a dependable electric service experience for all its members.


Official website here: www.peedeeelectric.com

What are the reviews and ratings of this charity?

Pee Dee Electric Cooperative Inc is not currently rated by Charity Navigator, as it lacks the necessary beacon scores for an official assessment. The absence of a rating does not imply a positive or negative stance but rather reflects the need for more comprehensive data collection and evaluation, particularly in the areas of Accountability & Finance and Impact & Measurement.

Since Pee Dee Electric is not a 501(c)(3) IRS registered nonprofit, certain evaluation components such as Impact & Measurement, Culture & Community, and Leadership & Adaptability are not applicable. This limits the scope of available insight into specific organizational performance areas. Furthermore, financial details like total revenue, expenses, and key personnel salaries are not publicly provided.

Without any user reviews from GreatNonprofits, external feedback from the community or beneficiaries is unavailable. This means public perception and stakeholder engagement insights are limited, offering no additional context to understand the organization's impact or community relations.


This AI summary has been generated from information found on Charity Navigator.

Is Pee Dee Electric Cooperative Inc legitimate?

Pee Dee Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pee Dee 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: $216,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,639,945

For more financial information, click here


Official website here: www.peedeeelectric.com

What is the mission statement of Pee Dee Electric Cooperative Inc?

Pee Dee Electric Cooperative Inc is dedicated to delivering superior electric service to all who seek it within its operational area. The cooperative strives to maintain this commitment at a reasonable cost, upholding the highest service standards. In essence, its mission is to ensure reliable and affordable electric service for its customer base. By providing consistent, top-quality electricity, Pee Dee Electric Cooperative Inc aims to earn the trust and satisfaction of its community. Additionally, the cooperative may engage in various initiatives and projects to enhance its service offerings and community engagement.


Official website here: www.peedeeelectric.com

Who is the CEO of Pee Dee Electric Cooperative Inc?

William L Fleming Jr is the Chairman of Pee Dee Electric Cooperative Inc. The CEO's salary of Pee Dee Electric Cooperative Inc is $0 and their total compensation is $0.


Official website here: www.peedeeelectric.com

What is the revenue of Pee Dee Electric Cooperative Inc?

Pee Dee Electric Cooperative Inc's revenue in 2022 was $97,590,031.


Official website here: www.peedeeelectric.com

Who are the executives of Pee Dee Electric Cooperative Inc and what are their salaries?


Here are 11 key members and their salaries (Pee Dee Electric Cooperative Inc's CEO's salary is $0 and their total compensation is $0):


James A Goodson Jr (Chairman)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Preston Gainey (Vice Chair ()
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Frederick Lashon Sellers (Vice Chair ()
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Patricia Thomas-Toney (Sec./Treas)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
David Howell (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Robert Norton (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Hamer Parnell (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
William F Rogers Jr (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Don Teal (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
Lee White (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0
William L Fleming Jr (Ceo,Emp Mpd()
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peedeeelectric.com

Where can I find the form 990 for Pee Dee Electric Cooperative Inc?

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


Official website here: www.peedeeelectric.com

Learn more at the official website: www.peedeeelectric.com

Mission Statement of Pee Dee Electric Cooperative Inc

Pee Dee Electric Cooperative Inc is dedicated to delivering superior electric service to all those who seek it within their operational area. With a commitment to reasonableness and the highest standards in mind, this cooperative strives to ensure the best possible electric service for its customers.

In essence, Pee Dee Electric Cooperative Inc aims to bring reliable and affordable electricity to every individual and household within its jurisdiction. By focusing on delivering a high-quality service, the cooperative is able to make a significant impact on the daily lives of its clients, enabling them to thrive and connect with their communities.

Moreover, Pee Dee Electric Cooperative Inc's mission goes beyond simply providing electricity. They are dedicated to ensuring that the service they offer is consistent with the expectations of their customers, offering a level of reliability and affordability that sets them apart. By remaining committed to this mission and delivering on its promises, Pee Dee Electric Cooperative Inc has built a solid reputation as a trusted and reliable provider of electric services within its operational area.

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Impact




October, 2024

Pee Dee Electric Cooperative Inc plays a crucial role in ensuring that residents and businesses within its service area have access to reliable and affordable electric service. By adhering to the highest standards of service, the cooperative enhances the quality of life for its customers, supporting energy needs that drive economic growth and community development.

In Darlington, South Carolina, Pee Dee Electric focuses on providing electric service that is not only reliable but also reasonably priced, making it accessible to all who wish to connect. This commitment fosters a stable and supportive environment for local communities, encouraging investment and promoting sustainable practices.

Furthermore, the cooperative's emphasis on public benefit demonstrates its dedication to serving the community's needs, contributing to overall social and economic well-being. By prioritizing customer satisfaction and operational excellence, Pee Dee Electric Cooperative Inc significantly impacts the lives of those it serves, positioning itself as a vital asset within the region.




This information is meant to be a general summary of Pee Dee 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
$97,590,031 (2022)
Expenses
$96,608,403 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $146,860
  • Program Service Revenue: $96,461,542
  • Gross Receipts: $97,590,031

Assets and Liabilities:

  • Total Assets: $120,633,873
  • Total Liabilities: $18,981,410
  • Net Assets: $101,652,463

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Programs

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

ELECTRIC REVENUE

Revenue

$94,701,612

PATRONAGE CAPITAL CREDITS

Revenue

$1,326,311

POLE RENTAL

Revenue

$419,145

MISCELLANEOUS REVENUE

Revenue

$14,474

Organization Details

Founding Year

1939

Principal Officer

William L Fleming Jr

Main Address

PO BOX 491, DARLINGTON, SC, 29540

NTEE Category

Code: W80 - Public benefit

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