York 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: 570274084 ✦ York, SC ✦ Designated as a 501(c)(12)

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Overview

What is York Electric Cooperative Inc?

York Electric Cooperative Inc is a dedicated nonprofit organization committed to delivering unsurpassed innovative and diversified services at affordable prices. Their mission goes beyond just electricity provision, as they aim to enhance the quality of life for their community. Through their work, they encourage integrity, economic development, safety, and a forward-thinking vision.


Official website here: www.yorkelectric.net

What are the reviews and ratings of this charity?

York Electric Cooperative Inc is not currently rated by Charity Navigator. The absence of a rating is due to the organization's lack of required beacon scores, specifically Accountability & Finance or Impact & Measurement, for evaluation. This absence does not imply a positive or negative view but reflects the limitations in available data.

The organization's historical ratings were mainly focused on aspects of financial accountability. However, there is a lack of data regarding total revenue, expenses, and key personnel salaries. As a non-501(c)(3) entity, York Electric Cooperative Inc is exempt from evaluations related to Impact & Measurement, as well as Leadership & Adaptability and Culture & Community.

No user reviews are available on GreatNonprofits, therefore any direct community or stakeholder feedback cannot be represented at this time.


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

What do the Facebook reviews say about York Electric Cooperative Inc?

92% of 263 reviewers on Facebook recommend York Electric Cooperative Inc. Here is a summary of their reviews:

The general sentiment towards York Electric Cooperative is quite positive, with users appreciating the friendly and helpful nature of the staff. Many reviews highlight the cooperative's responsiveness and concern for customer needs, indicating a strong commitment to service.

Overall, it seems that the cooperative effectively meets the expectations of its members, fostering a sense of community and support. The high recommendation rate reflects satisfaction with the services being provided.


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

Is York Electric Cooperative Inc legitimate?

York Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. York 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: $641,755
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.yorkelectric.net

What is the mission statement of York Electric Cooperative Inc?

York Electric Cooperative Inc is dedicated to delivering innovative and varied services at an affordable price, enhancing the community's quality of life. Their mission encompasses promoting integrity, fostering economic development, ensuring safety, and envisioning a forward-thinking future. By providing unsurpassed service, they strive to make a positive impact on people's lives while maintaining a strong commitment to their principles.


Official website here: www.yorkelectric.net

Who is the CEO of York Electric Cooperative Inc?

E Paul Basha is the President & of York Electric Cooperative Inc.


Official website here: www.yorkelectric.net

What is the revenue of York Electric Cooperative Inc?

York Electric Cooperative Inc's revenue in 2022 was $136,652,507.


Official website here: www.yorkelectric.net

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

The average compensation at York Electric Cooperative Inc during 2022 was $4,937. There are 130 employees at York Electric Cooperative Inc.


Here are 15 key members and their salaries:


E Paul Basha (President &)
  • Compensation: $377,240
  • Related: $0
  • Other: $42,776
J Craig Spencer (Vp Of Engine)
  • Compensation: $195,661
  • Related: $0
  • Other: $89,697
R Marcus Howie (Vp Of Commun)
  • Compensation: $174,537
  • Related: $0
  • Other: $84,399
Tracy Mcbride (Vp Of Financ)
  • Compensation: $173,961
  • Related: $0
  • Other: $58,856
James Salmon (Vp Of Info.)
  • Compensation: $142,138
  • Related: $0
  • Other: $73,651
M Dennis Lynn (Vp Of Energy)
  • Compensation: $144,511
  • Related: $0
  • Other: $23,068
Scott Good (Trustee)
  • Compensation: $39,846
  • Related: $0
  • Other: $0
William Mitchell (Trustee)
  • Compensation: $37,396
  • Related: $0
  • Other: $0
Richard Sadler (Vice Chairma)
  • Compensation: $36,346
  • Related: $0
  • Other: $0
Tommie Bratton (Trustee)
  • Compensation: $26,054
  • Related: $0
  • Other: $0
Carolyn Boyd (Secretary/Tr)
  • Compensation: $20,363
  • Related: $0
  • Other: $0
Tom Settlemyre (Chairman)
  • Compensation: $18,685
  • Related: $0
  • Other: $0
Edward Jack Cornwell (Trustee)
  • Compensation: $17,782
  • Related: $0
  • Other: $0
Richard Roach (Trustee)
  • Compensation: $13,335
  • Related: $0
  • Other: $0
Marion Comer (Trustee)
  • Compensation: $11,932
  • Related: $0
  • Other: $0


Official website here: www.yorkelectric.net

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

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


Official website here: www.yorkelectric.net

Learn more at the official website: www.yorkelectric.net

Mission Statement of York Electric Cooperative Inc

York Electric Cooperative Inc, a dedicated organization, strives to deliver unsurpassed innovative and diversified services at affordable prices. By focusing on this mission, the cooperative aims to enhance the overall quality of life for its community. Beyond just providing electricity, the cooperative places great importance on promoting integrity, economic development, safety, and a forward-thinking vision.

The team at York Electric Cooperative Inc is committed to offering a wide range of services that cater to the diverse needs of its clientele. Their innovative approach ensures that they stay ahead of the curve, delivering services that are not only effective but also efficient. By keeping costs reasonable, the cooperative makes these services accessible to all members of the community.

Moreover, York Electric Cooperative Inc takes pride in its role as a community partner. It understands the importance of promoting economic development and strives to contribute to this effort through its various initiatives. The cooperative's commitment to safety is another key aspect of its mission, ensuring that all services are delivered in a secure and reliable manner. Looking to the future, the cooperative remains dedicated to fostering a vision that will continue to improve the lives of those it serves.

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Impact




October, 2024

York Electric Cooperative Inc plays a significant role in enhancing the well-being of the community it serves in York, South Carolina. By providing innovative and diverse services at reasonable costs, it contributes to improving the quality of life for its members.

The cooperative focuses on promoting integrity and safety, which are essential elements for fostering trust and ensuring a secure environment for residents. Additionally, York Electric Cooperative emphasizes economic development, which not only supports local businesses but also creates job opportunities and contributes to the community's overall growth.

With a commitment to a vision of the future, the cooperative is positioned to adapt to evolving needs and technological advancements, ensuring that its services remain relevant and beneficial. This proactive approach further underscores its impact as a foundational entity within the region, promoting sustainability and long-term prosperity for its members and the broader community.




This information is meant to be a general summary of York 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
$136,652,507 (2022)
Expenses
$136,652,507 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$569,561
  • Program Service Revenue: $137,222,068
  • Gross Receipts: $136,652,507

Assets and Liabilities:

  • Total Assets: $252,077,799
  • Total Liabilities: $141,996,685
  • Net Assets: $110,081,114

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Programs

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

ELECTRICITY SALES

Revenue

$134,091,402

PATRONGE CAPITAL CREDITS

Revenue

$1,949,829

OTHER UTILITY REVENUE

Revenue

$725,988

POLE RENTAL

Revenue

$454,849

Organization Details

Founding Year

1941

Principal Officer

E Paul Basha

Main Address

1385 ALEXANDER LOVE HWY E, YORK, SC, 29745

NTEE Category

Code: W80 - Public benefit

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