Canoochee Electric Membership Corp

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

EIN: 580182756 ✦ Reidsville, GA ✦ Designated as a 501(c)(12)

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Overview

What is Canoochee Electric Membership Corp?

Canoochee Electric Membership Corp is a nonprofit organization based in Reidsville, Georgia. Their primary mission is to deliver superior electric services to those who desire it within their operational area, ensuring reasonable costs that align with top-tier service standards. The company, which employs 124 individuals, remains committed to providing the best possible electric service to all, aiming for unmatched quality and affordability.


Official website here: www.canoocheeemc.com

Is Canoochee Electric Membership Corp legitimate?

Canoochee Electric Membership Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Canoochee Electric Membership Corp 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: $487,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.canoocheeemc.com

What is the mission statement of Canoochee Electric Membership Corp?

Canoochee Electric Membership Corp is committed to delivering the finest electric service to all those who seek it within their service area. They prioritize reasonable costs while adhering to the highest standards of service provision. Their mission is to ensure that every customer receives reliable and efficient electric service that caters to their needs. Additionally, the organization strives for continuous improvement in their offerings, aiming to exceed customer expectations and maintain a strong reputation in the industry. By focusing on providing the best possible electric service, Canoochee Electric Membership Corp strengthens the communities they serve and contributes to a better quality of life for their customers.


Official website here: www.canoocheeemc.com

Who is the CEO of Canoochee Electric Membership Corp?

Lou Ann Phillips is the Director/President of Canoochee Electric Membership Corp. The CEO's salary of Canoochee Electric Membership Corp is $268,787 and their total compensation is $370,562.


Official website here: www.canoocheeemc.com

What is the revenue of Canoochee Electric Membership Corp?

Canoochee Electric Membership Corp's revenue in 2022 was $66,658,751.


Official website here: www.canoocheeemc.com

Who are the executives of Canoochee Electric Membership Corp and what are their salaries?

The average compensation at Canoochee Electric Membership Corp during 2022 was $3,934. There are 124 employees at Canoochee Electric Membership Corp.


Here are 15 key members and their salaries (Canoochee Electric Membership Corp's CEO's salary is $268,787 and their total compensation is $370,562):


Connie Thrift (Director/President)
  • Compensation: $17,950
  • Related: $0
  • Other: $0
Robert H Floyd (Director/Vice President)
  • Compensation: $12,850
  • Related: $0
  • Other: $0
Lanell M Oliver (Director/Secretary)
  • Compensation: $13,800
  • Related: $0
  • Other: $0
Robert E Dasher (Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
Lavanda Lynn (Director)
  • Compensation: $13,750
  • Related: $0
  • Other: $0
Kimberly S Blocker (Director/Treasurer)
  • Compensation: $15,700
  • Related: $0
  • Other: $0
Marvin E Bradley Jr (Director)
  • Compensation: $9,950
  • Related: $0
  • Other: $0
Kenneth L Durrence (Director)
  • Compensation: $11,650
  • Related: $0
  • Other: $0
Bernard Purvis (Director)
  • Compensation: $11,650
  • Related: $0
  • Other: $0
Lou Ann Phillips (Ceo)
  • Compensation: $268,787
  • Related: $0
  • Other: $101,775
Michael Wasson (Coo)
  • Compensation: $195,517
  • Related: $0
  • Other: $91,100
Hugh Garrett Durrence (Lineman)
  • Compensation: $182,971
  • Related: $0
  • Other: $39,129
Mathew H Olson (Cfo)
  • Compensation: $143,172
  • Related: $0
  • Other: $29,242
Joseph Andy Whiten (Engineering Manager)
  • Compensation: $141,875
  • Related: $0
  • Other: $73,129
Patrick Burkhalter Jr (Cao)
  • Compensation: $137,564
  • Related: $0
  • Other: $25,438


Official website here: www.canoocheeemc.com

Where can I find the form 990 for Canoochee Electric Membership Corp?

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


Official website here: www.canoocheeemc.com

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

Mission Statement of Canoochee Electric Membership Corp

Canoochee Electric Membership Corp is committed to delivering superior electric service to all those who seek it within its operational area, ensuring reasonable costs that align with the highest industry standards. The organization's ultimate goal is to provide dependable and efficient power solutions for its customers, maintaining a strong commitment to quality and affordability.

In pursuit of this mission, Canoochee Electric Membership Corp focuses on delivering electric services with the utmost dedication and professionalism. By prioritizing the needs of its customers, the corporation ensures a reliable power grid and promptly addresses any potential issues that may arise. With a strong emphasis on customer satisfaction, Canoochee Electric Membership Corp consistently strives to exceed expectations and build long-lasting relationships based on trust and reliability.

Additionally, Canoochee Electric Membership Corp holds itself to the highest standards of service, ensuring that its operations are carried out with integrity and a deep sense of responsibility. The organization's unwavering commitment to excellence is reflected in its daily operations and its determination to continuously improve and adapt to the evolving needs of its customer base. Overall, Canoochee Electric Membership Corp is a dedicated and customer-focused organization that prides itself on its ability to provide top-notch electric services at reasonable costs.

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Impact




October, 2024

Canoochee Electric Membership Corp plays a crucial role in enhancing the quality of life for residents and businesses in its service area by delivering reliable electric service. The organization is committed to providing electric power to all who need it, ensuring accessibility for diverse communities in Reidsville, GA, and surrounding areas.

By maintaining high standards of service, Canoochee Electric Membership Corp not only supports economic growth through reliable energy access but also fosters community development. The focus on reasonable costs makes energy affordable for families and businesses alike, promoting overall well-being and stability.

Through its operations, the organization contributes to the public benefit, facilitating a sustainable environment for residents to thrive while continuously seeking to improve service quality and customer satisfaction. This commitment to service excellence establishes Canoochee Electric Membership Corp as a vital entity in ensuring the community's energy needs are met efficiently and effectively.




This information is meant to be a general summary of Canoochee Electric Membership Corp. 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
$66,658,751 (2022)
Expenses
$68,029,915 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66,841
  • Program Service Revenue: $66,591,910
  • Gross Receipts: $66,658,751

Assets and Liabilities:

  • Total Assets: $163,781,332
  • Total Liabilities: $94,313,185
  • Net Assets: $69,468,147

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Programs

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

ELECTRIC REVENUE

Revenue

$64,772,410

CAPITAL CREDIT ALLOCATIONS

Revenue

$1,471,221

POLE RENTALS

Revenue

$348,279

Organization Details

Founding Year

1938

Principal Officer

Lou Ann Phillips

Main Address

PO BOX 487, REIDSVILLE, GA, 30453

NTEE Category

Code: W80 - Public benefit

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