Amicalola Electric Membership Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 580140201 ✦ Jasper, GA ✦ Designated as a 501(c)(12)

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Overview

What is Amicalola Electric Membership Corporation?

Amicalola Electric Membership Corporation is a dedicated nonprofit organization committed to delivering top-notch electric services to residents within its system service area, ensuring a reasonable cost and maintaining the highest standards of service. The organization, led by Todd Payne, prioritizes customer satisfaction and strives to meet the electric needs of its community.


Official website here: www.amicalolaemc.com/

Is Amicalola Electric Membership Corporation legitimate?

Amicalola Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Amicalola Electric Membership Corporation 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: $804,778
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.amicalolaemc.com/

What is the mission statement of Amicalola Electric Membership Corporation?

Amicalola Electric Membership Corporation is dedicated to delivering top-tier electric service to all those who seek it, within its service area, at a reasonable cost. The organization prioritizes maintaining the highest standards of service, ensuring customer satisfaction and reliability. Their ultimate goal is to provide electric service that meets and exceeds expectations, while keeping costs reasonable for the community they serve.


Official website here: www.amicalolaemc.com/

Who is the CEO of Amicalola Electric Membership Corporation?

Todd Payne is the Chairman of Amicalola Electric Membership Corporation.


Official website here: www.amicalolaemc.com/

What is the revenue of Amicalola Electric Membership Corporation?

Amicalola Electric Membership Corporation's revenue in 2022 was $110,407,403.


Official website here: www.amicalolaemc.com/

Who are the executives of Amicalola Electric Membership Corporation and what are their salaries?

The average compensation at Amicalola Electric Membership Corporation during 2022 was $4,521. There are 178 employees at Amicalola Electric Membership Corporation.


Here are 16 key members and their salaries:


Charles R Fendley (Chairman)
  • Compensation: $30,050
  • Related: $0
  • Other: $0
John H Bennett Jr (Vice Chairma)
  • Compensation: $28,300
  • Related: $0
  • Other: $0
Randall Ponder (Sec.-Treas.)
  • Compensation: $29,150
  • Related: $0
  • Other: $0
Travis Cline (Director)
  • Compensation: $29,750
  • Related: $0
  • Other: $0
James H Bryan (Director)
  • Compensation: $18,950
  • Related: $0
  • Other: $0
Kathy Burt (Director)
  • Compensation: $22,950
  • Related: $0
  • Other: $0
David J Pierce (Director)
  • Compensation: $29,450
  • Related: $0
  • Other: $0
Reggie Stowers (Director)
  • Compensation: $27,350
  • Related: $0
  • Other: $0
Edward Tucker (Director)
  • Compensation: $29,700
  • Related: $0
  • Other: $0
Shelley Cantrell (Director)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Todd Payne (President &)
  • Compensation: $417,622
  • Related: $0
  • Other: $133,706
Penelope Marshall (Cfo)
  • Compensation: $238,100
  • Related: $0
  • Other: $49,632
Joel Fellows (Senior Vp-Op)
  • Compensation: $183,659
  • Related: $0
  • Other: $25,461
Kenneth Payne (Mgr. Of Eng)
  • Compensation: $159,462
  • Related: $0
  • Other: $51,057
Leonard Ray Carpenter (Mgr. Distric)
  • Compensation: $148,793
  • Related: $0
  • Other: $24,913
Nathaniel West (Vp-Operation)
  • Compensation: $142,214
  • Related: $0
  • Other: $72,301


Official website here: www.amicalolaemc.com/

Where can I find the form 990 for Amicalola Electric Membership Corporation?

Amicalola Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amicalolaemc.com/

Learn more at the official website: www.amicalolaemc.com/

Mission Statement of Amicalola Electric Membership Corporation

Amicalola Electric Membership Corporation, headed by Todd Payne, is dedicated to delivering top-tier electric services to all who seek it within its system service area. The organization puts great emphasis on offering these services at a reasonable cost, upholding the highest standards of service provision.

Amicalola Electric Membership Corporation takes pride in ensuring that each community within its reach receives dependable and superior electric services. By committing to a reasonable cost structure, the organization makes these essential services accessible to a broad audience. The Corporation's team is driven by their mission to provide the best possible electric service, making a positive difference in people's daily lives.

Moreover, Amicalola Electric Membership Corporation is unwavering in its dedication to maintaining a strong work ethic and exceptional customer service. The team's unwavering commitment to excellence is reflected in their day-to-day operations, ensuring that every customer's needs are met with professionalism and competence. Amicalola Electric Membership Corporation's unyielding focus on providing quality electric services is a testament to their enduring commitment to their mission and their customers.

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Impact




October, 2024

Amicalola Electric Membership Corporation plays a crucial role in enhancing the quality of life for residents in its service area. By delivering reliable and efficient electric service, it ensures that homes and businesses can operate smoothly, contributing to local economic activity and community well-being. The organization is committed to providing this service at a reasonable cost while upholding the highest standards of customer satisfaction. Under the leadership of Todd Payne, Amicalola Electric Membership Corporation prioritizes the needs of its members, fostering a sense of community and support that extends beyond just electricity to encompass public benefit and improved living conditions in Jasper, Georgia, and surrounding areas.




This information is meant to be a general summary of Amicalola Electric Membership Corporation. 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
$110,407,403 (2022)
Expenses
$113,275,047 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,633,019
  • Program Service Revenue: $106,594,582
  • Gross Receipts: $110,407,403

Assets and Liabilities:

  • Total Assets: $226,470,714
  • Total Liabilities: $143,133,490
  • Net Assets: $83,337,224

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Programs

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

ELECTRIC REVENUE

Revenue

$103,262,254

POLE RENTAL

Revenue

$2,520,651

G & T CAPITAL CREDITS

Revenue

$458,273

OTHER CAPITAL CREDITS

Revenue

$353,404

Organization Details

Founding Year

1940

Principal Officer

Todd Payne

Main Address

544 HWY 515 SOUTH, JASPER, GA, 31043

NTEE Category

Code: W80 - Public benefit

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