Overview
What is Electric Cooperatives Of South Carolina?
Electric Cooperatives of South Carolina (ECSC) is a South Carolina-based, not-for-profit corporation with a mission to foster, develop, and encourage the rural electrification program in the state. With a workforce of 49 employees, ECSC's primary objective is to assist its member cooperatives in providing electric energy to consumers residing in their service areas, ensuring affordability and sound economic practices. The organization also supports the welfare of its members and strengthens the electric cooperative program in South Carolina. Through collaboration with federal, state, and municipal agencies, ECSC provides services and informational programs to promote local growth, stability, and security, all while operating for the benefit of its members and consumers.
Official website here: www.ecsc.org
Is Electric Cooperatives Of South Carolina legitimate?
Electric Cooperatives Of South Carolina is a legitimate nonprofit organization registered as a 501(c)(6) entity. Electric Cooperatives Of South Carolina 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: $775,224
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ecsc.org
What is the mission statement of Electric Cooperatives Of South Carolina?
Electric Cooperatives of South Carolina (ECSC) is a not-for-profit corporation dedicated to helping its member cooperatives provide electric energy to consumers in their service areas. Their mission revolves around fostering rural electrification in South Carolina and promoting the general welfare of the members. They work towards ensuring the safety, stability, security, and prosperity of electric cooperatives, while aiding in solving common issues. ECSC also disseminates information, cooperates with various agencies, provides services, and offers informational programs to stimulate local growth and strengthen the electric cooperative program. Ultimately, they assist members in providing electric energy to inhabitants at the lowest possible cost, always acting for the benefit of their member cooperatives and their consumers.
Official website here: www.ecsc.org
Who is the CEO of Electric Cooperatives Of South Carolina?
Michael Couick is the Chairman of Electric Cooperatives Of South Carolina.
Official website here: www.ecsc.org
What is the revenue of Electric Cooperatives Of South Carolina?
Electric Cooperatives Of South Carolina's revenue in 2022 was $12,792,440.
Official website here: www.ecsc.org
Who are the executives of Electric Cooperatives Of South Carolina and what are their salaries?
The average compensation at Electric Cooperatives Of South Carolina during 2022 was $15,821. There are 49 employees at Electric Cooperatives Of South Carolina.
Here are 48 key members and their salaries:
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Official website here: www.ecsc.org
Where can I find the form 990 for Electric Cooperatives Of South Carolina?
Electric Cooperatives Of South Carolina's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecsc.org
Learn more at the official website: www.ecsc.org
Mission Statement of Electric Cooperatives Of South Carolina
Electric Cooperatives of South Carolina (ECSC) is a not-for-profit corporation dedicated to assisting its member cooperatives in providing electric energy to consumers within their service areas. Established with the mission to foster, develop, and encourage the rural electrification program in South Carolina, ECSC strives to promote the general welfare and interests of its members (Electric Cooperatives of South Carolina). The organization aids in solving common problems among electric cooperatives and works in partnership with federal, state, and municipal agencies to promote rural electrification and development.
ECSC's activities extend beyond energy provision, as it aims to strengthen local growth, stability, and security within the electric cooperative program in South Carolina. The corporation provides services and informational programs to stimulate local development and operates for the benefit of its member cooperatives and their consumers. By collaborating on initiatives that can be done more effectively together than individually, ECSC enables its members to provide electric energy to inhabitants of their service areas at the lowest possible cost, consistent with sound economy. Through its various efforts, ECSC plays a crucial role in maintaining the prosperity of the electric cooperative program in the state.
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Impact
October, 2024
Electric Cooperatives of South Carolina (ECSC) plays a crucial role in enhancing the quality of life in rural areas by facilitating the delivery of electric energy to consumers across its member service regions. By promoting rural electrification, ECSC fosters economic development, enhances public welfare, and ensures the security and stability of electric cooperatives.
ECSC focuses on several key activities that have a significant impact on local communities. One of its primary missions is to support the interests of its member cooperatives, allowing them to operate more effectively and efficiently. Through collaborative initiatives, ECSC addresses common challenges faced by electric cooperatives, enabling them to deliver services reliably and affordably.
Additionally, ECSC actively disseminates vital information related to rural electrification and cooperates with various governmental agencies to further regional development. This collaboration not only strengthens the electric cooperative program but also stimulates local economies by fostering job growth and supporting community initiatives.
By prioritizing the provision of electricity at the lowest possible cost while maintaining sound economic principles, ECSC ensures that its member cooperatives can thrive, ultimately benefiting consumers in South Carolina’s rural areas. The emphasis on community improvement and collaboration underlines ECSC's commitment to enhancing the lives of residents through reliable electric service and sustainable development.
This information is meant to be a general summary of Electric Cooperatives Of South Carolina. 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: $464,994
- Program Service Revenue: $11,363,077
- Gross Receipts: $12,792,440
Assets and Liabilities:
- Total Assets: $5,022,463
- Total Liabilities: $1,500,735
- Net Assets: $3,521,728
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$10,352,404
SC LIVING - COMMUNICATIONS
Revenue
$1,010,673
Organization Details
Founding Year
1941
Phone
(803) 796-6060Principal Officer
Michael Couick
Main Address
808 KNOX ABBOTT DRIVE, CAYCE, SC, 29033
Website
www.ecsc.orgNTEE Category
Code: S40 - Community improvement
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