Carroll Electric Membership Corporation

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

EIN: 580184715 ✦ Carrollton, GA ✦ Designated as a 501(c)(12)

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Overview

What is Carroll Electric Membership Corporation?

Carroll Electric Membership Corporation, based in the West Georgia area, is a nonprofit organization that serves approximately 50,000 members by providing them with electricity in seven counties. Dedicated to delivering the best possible electric service to its community, Carroll EMC adheres to high standards yet strives to offer rates that are the lowest consistent with these service standards. Their mission is to ensure access to electric power for all who desire it within their service area.


Official website here: www.cemc.com

What are the reviews and ratings of this charity?

Carroll Electric Membership Corporation is not currently rated by Charity Navigator as it requires an Accountability & Finance beacon or an Impact & Measurement beacon to be eligible for such a rating. The absence of a rating does not imply a positive or negative assessment; it merely indicates that the organization hasn't been evaluated under the new parameters. Historically, ratings largely reflected Accountability and Finance, which points to a general emphasis on financial management within the evaluated scope.

While Charity Navigator typically examines various aspects of nonprofit operations like Leadership & Adaptability and Culture & Community, Carroll Electric couldn't be evaluated in these areas due to its status outside the 501(c)(3) classification. This classification impacts its eligibility for the broader range of evaluations that focus on nonprofit accountability and impact measurement.

With no user reviews available from GreatNonprofits, it's challenging to gain additional insights into public sentiment or operational specifics from the end-user perspective. The absence of such reviews leaves a gap in understanding direct community impact or stakeholder engagement from a qualitative standpoint.


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

Is Carroll Electric Membership Corporation legitimate?

Carroll Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Carroll 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: $977,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cemc.com

What is the mission statement of Carroll Electric Membership Corporation?

Carroll Electric Membership Corporation is dedicated to delivering top-notch electric service to all those who desire it within its system, prioritizing affordability while maintaining high service standards. The corporation's mission is to provide the best possible electric service to its members, ensuring that access to electricity is available to everyone within its jurisdiction at a reasonable price. Carroll EMC serves approximately 50,000 members across seven counties in the West Georgia area.


Official website here: www.cemc.com

Who is the CEO of Carroll Electric Membership Corporation?

Timothy C Martin is the Chairman of Carroll Electric Membership Corporation. The CEO's salary of Carroll Electric Membership Corporation is $438,569 and their total compensation is $535,154.


Official website here: www.cemc.com

What is the revenue of Carroll Electric Membership Corporation?

Carroll Electric Membership Corporation's revenue in 2022 was $135,228,596.


Official website here: www.cemc.com

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

The average compensation at Carroll Electric Membership Corporation during 2022 was $6,266. There are 156 employees at Carroll Electric Membership Corporation.


Here are 15 key members and their salaries (Carroll Electric Membership Corporation's CEO's salary is $438,569 and their total compensation is $535,154):


Eddie Gore (Chairman)
  • Compensation: $47,214
  • Related: $0
  • Other: $0
Max Goldin (Vice Chairma)
  • Compensation: $64,407
  • Related: $0
  • Other: $0
Ronnie Jordan (Secretary-Tr)
  • Compensation: $50,757
  • Related: $0
  • Other: $0
Emmett Harrod (Director)
  • Compensation: $45,558
  • Related: $0
  • Other: $0
Nan Philpot (Director)
  • Compensation: $38,614
  • Related: $0
  • Other: $0
Donnie Brannon (Director)
  • Compensation: $44,257
  • Related: $0
  • Other: $0
Don Defoor (Director)
  • Compensation: $54,864
  • Related: $0
  • Other: $0
Alvin Ginn (Director)
  • Compensation: $45,814
  • Related: $0
  • Other: $0
Lynn Joyner (Director)
  • Compensation: $50,787
  • Related: $0
  • Other: $0
Timothy C Martin (Pres & Ceo)
  • Compensation: $438,569
  • Related: $0
  • Other: $96,585
Kevin J Johnston (Coo)
  • Compensation: $294,393
  • Related: $0
  • Other: $79,908
Jennifer Harmon (Vp., Fin. &)
  • Compensation: $233,848
  • Related: $0
  • Other: $63,927
Jay Gill (Svp Member S)
  • Compensation: $232,297
  • Related: $0
  • Other: $58,978
Kim Jennings (Vp Human Res)
  • Compensation: $216,327
  • Related: $0
  • Other: $50,404
James Layton (System Engin)
  • Compensation: $202,596
  • Related: $0
  • Other: $54,721


Official website here: www.cemc.com

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

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


Official website here: www.cemc.com

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

Mission Statement of Carroll Electric Membership Corporation

Carroll Electric Membership Corporation, also known as Carroll EMC, is committed to delivering the finest electric service to every individual who desires it within its operational area, prioritizing affordability without compromising on high standards. The organization's mission is threefold: to provide, to serve, and to offer the best possible electric service at the most reasonable price, ensuring consistent excellence for its clients.

Carroll EMC strives to go above and beyond in catering to the needs of its approximately 50,000 members spread across seven counties in the West Georgia region. By keeping prices low, the corporation makes reliable electricity accessible to all, regardless of their financial situation. The nonprofit organization's dedication to high standards ensures that every customer receives consistent, top-tier service, making their daily lives more comfortable and convenient.

Carroll EMC's service area spans across a diverse region, and the corporation is deeply committed to exceeding the expectations of each and every one of its members. By offering exceptional electric service at affordable prices, Carroll EMC plays an essential role in enhancing the quality of life for thousands of families and individuals within its community.

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Impact




October, 2024

Carroll Electric Membership Corporation plays a significant role in enhancing the quality of life for residents in West Georgia. Serving approximately 50,000 members across seven counties, Carroll EMC is committed to delivering reliable electricity at the lowest possible price while maintaining high service standards. This commitment ensures that all community members, regardless of economic status, have access to essential energy resources.

By prioritizing affordability and service quality, Carroll EMC contributes to the local economy, supports local businesses, and strengthens community ties. The organization’s focus on public benefit fosters a sense of trust and reliability, making it an integral part of the region's infrastructure. Through its efforts, Carroll Electric Membership Corporation not only meets the energy needs of its members but also empowers them to thrive in their daily lives and pursuits.




This information is meant to be a general summary of Carroll 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
$135,228,596 (2022)
Expenses
$135,228,596 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $406,899
  • Program Service Revenue: $134,807,297
  • Gross Receipts: $135,228,596

Assets and Liabilities:

  • Total Assets: $296,778,132
  • Total Liabilities: $167,327,422
  • Net Assets: $129,450,710

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Programs

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

ELECTRIC REVENUE

Revenue

$131,926,338

POLE RENTAL

Revenue

$2,344,230

OTHER CAPITAL CREDITS

Revenue

$536,729

Organization Details

Founding Year

1936

Principal Officer

Timothy C Martin

Main Address

155 N HWY 113, CARROLLTON, GA, 30117

NTEE Category

Code: W80 - Public benefit

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