Overview
What is Cobb Electric Membership Corp?
Cobb Electric Membership Corp is a non-profit, member-owned electric cooperative serving over 200,000 consumers in Georgia's Cobb, Bartow, Cherokee, Fulton, and Paulding counties. Their mission prioritizes dependable and safe electricity delivery, competitive rates, robust governance, relevant services, and recognition as a preferred employer.
Official website here: www.cobbemc.com
What are the reviews and ratings of this charity?
Cobb Electric Membership Corp is not currently rated by Charity Navigator. This absence of rating is due to its status as a non-501(c)(3) organization, which means it falls outside the scope of Charity Navigator's typical evaluations that usually focus on financial health and accountability of registered nonprofits. Consequently, neither the Accountability & Finance nor the Impact & Measurement beacons can be applied to them.
As Cobb Electric Membership Corp does not fit the criteria for a typical nonprofit evaluation, information such as total revenue, expenses, and salary of key persons is not available. However, the lack of available data or rating does not necessarily reflect negatively on the organization; it simply indicates it operates under a different framework than what is evaluated by Charity Navigator.
There are no user reviews available on GreatNonprofits for Cobb Electric Membership Corp. This could suggest a lower public engagement in terms of feedback or could simply indicate that users have not yet shared their experiences on the platform. Without these, the public sentiment remains unclear.
This AI summary has been generated from information found on Charity Navigator.
Is Cobb Electric Membership Corp legitimate?
Cobb Electric Membership Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cobb 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: $1,240,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cobbemc.com
What is the mission statement of Cobb Electric Membership Corp?
Cobb Electric Membership Corp is a member-owned electric cooperative dedicated to providing reliable and safe electricity to approximately 200,000 residents and businesses in various counties. Their mission encompasses delivering competitive rates, robust governance, and relevant services to their consumers. The cooperative takes pride in being a recognized employer, ensuring a strong commitment to their team.
Official website here: www.cobbemc.com
Who is the CEO of Cobb Electric Membership Corp?
Kevan Espy is the President & of Cobb Electric Membership Corp.
Official website here: www.cobbemc.com
What is the revenue of Cobb Electric Membership Corp?
Cobb Electric Membership Corp's revenue in 2022 was $472,050,608.
Official website here: www.cobbemc.com
Who are the executives of Cobb Electric Membership Corp and what are their salaries?
The average compensation at Cobb Electric Membership Corp during 2022 was $2,899. There are 428 employees at Cobb Electric Membership Corp.
Here are 15 key members and their salaries:
- Compensation: $45,610
- Related: $14,400
- Other: $0
- Compensation: $32,187
- Related: $13,800
- Other: $0
- Compensation: $33,229
- Related: $14,400
- Other: $0
- Compensation: $37,687
- Related: $0
- Other: $0
- Compensation: $45,733
- Related: $0
- Other: $0
- Compensation: $33,625
- Related: $0
- Other: $0
- Compensation: $47,674
- Related: $13,200
- Other: $0
- Compensation: $59,707
- Related: $13,800
- Other: $0
- Compensation: $49,747
- Related: $0
- Other: $0
- Compensation: $627,988
- Related: $0
- Other: $227,651
- Compensation: $359,728
- Related: $0
- Other: $179,323
- Compensation: $337,254
- Related: $0
- Other: $41,405
- Compensation: $318,985
- Related: $0
- Other: $156,840
- Compensation: $301,952
- Related: $0
- Other: $75,935
- Compensation: $645,968
- Related: $0
- Other: $115,514
Official website here: www.cobbemc.com
Where can I find the form 990 for Cobb Electric Membership Corp?
Cobb Electric Membership Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cobbemc.com
Learn more at the official website: www.cobbemc.com
Mission Statement of Cobb Electric Membership Corp
Cobb Electric Membership Corp, a not-for-profit electric cooperative, is dedicated to providing its members with reliable and safe electricity. With a commitment to competitive rates, the organization aims to ensure affordable energy for its residential and commercial consumers. Cobb EMC prides itself on robust governance, ensuring transparency and accountability to its members. In addition, the cooperative offers relevant services that cater to the evolving needs of its community.
Cobb EMC's mission extends beyond electricity delivery. The organization takes pride in being a recognized employer, attracting and retaining top talent to maintain the reliability and safety of its power grid. The company serves nearly 200,000 consumers in the Georgia counties of Cobb, Bartow, Cherokee, Fulton, and Paulding. By putting its members first and maintaining a strong focus on safety and affordability, Cobb EMC continues to build a strong and sustainable energy infrastructure for its community.
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Impact
October, 2024
Cobb Electric Membership Corp plays a vital role in delivering reliable and safe electricity to nearly 200,000 residential and commercial consumers across Cobb, Bartow, Cherokee, Fulton, and Paulding counties in Georgia. By prioritizing competitive rates and robust governance, Cobb EMC ensures that its members receive dependable service while also supporting community needs through relevant services. Their reputation as a recognized employer further highlights their commitment to fostering economic stability in the region. Overall, Cobb EMC’s impact extends beyond just electricity delivery; it enhances the quality of life for the communities they serve.
This information is meant to be a general summary of Cobb 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,274,046
- Program Service Revenue: $469,291,139
- Gross Receipts: $472,050,608
Assets and Liabilities:
- Total Assets: $1,177,341,705
- Total Liabilities: $501,611,395
- Net Assets: $675,730,310
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$456,283,598
PATRONAGE CAPITAL CREDITS
Revenue
$9,484,464
POLE AND OTHER ATTACHMENTS
Revenue
$3,523,077
Organization Details
Founding Year
1938
Phone
(770) 429-2100Principal Officer
Kevan Espy
Main Address
PO BOX 369, MARIETTA, GA, 300610369
Website
www.cobbemc.comNTEE Category
Code: W80 - Public benefit
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