Overview
What is Colquitt Electric Membership Corporation?
Colquitt Electric Membership Corporation is a nonprofit organization based in Moultrie, Georgia. With a team of 197 employees, they are dedicated to providing top-tier electric services to residents and businesses within their system area, ensuring a reasonable cost that aligns with exceptional service standards. The corporation's primary mission is selling electricity and offering associated services as a rural electric cooperative.
Official website here: www.colquittemc.com
Is Colquitt Electric Membership Corporation legitimate?
Colquitt Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Colquitt 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: $972,143
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.colquittemc.com
What is the mission statement of Colquitt Electric Membership Corporation?
Colquitt Electric Membership Corporation is committed to delivering the best possible electric service to all those who desire it within its system area. This rural electric cooperative prioritizes reasonable costs in providing top-notch electric services that meet the highest standards. Their mission is to ensure reliable and efficient electricity supply while staying consistent with affordable pricing. The cooperative's dedication to customer satisfaction and excellence is reflected in its unwavering commitment to delivering high-quality electric services to its members.
Official website here: www.colquittemc.com
What is the revenue of Colquitt Electric Membership Corporation?
Colquitt Electric Membership Corporation's revenue in 2024 was $172,442,912.
Official website here: www.colquittemc.com
Who are the executives of Colquitt Electric Membership Corporation and what are their salaries?
The average compensation at Colquitt Electric Membership Corporation during 2024 was $4,985. There are 195 employees at Colquitt Electric Membership Corporation.
Here are 15 key members and their salaries:
- Compensation: $551,342
- Related: $0
- Other: $120,335
- Compensation: $350,293
- Related: $0
- Other: $101,171
- Compensation: $297,408
- Related: $0
- Other: $83,278
- Compensation: $234,691
- Related: $0
- Other: $85,888
- Compensation: $228,683
- Related: $0
- Other: $63,408
- Compensation: $229,160
- Related: $0
- Other: $61,790
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
- Compensation: $33,385
- Related: $0
- Other: $0
Official website here: www.colquittemc.com
Where can I find the form 990 for Colquitt Electric Membership Corporation?
Colquitt Electric Membership Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.colquittemc.com
Learn more at the official website: www.colquittemc.com
Mission Statement of Colquitt Electric Membership Corporation
Colquitt Electric Membership Corporation, a rural electric cooperative, is dedicated to delivering the finest electric service to all those who wish to avail it within its system area. The corporation prides itself on offering this essential service at a reasonable cost, adhering to the highest standards of quality.
In pursuit of its mission, Colquitt Electric Membership Corporation strives to ensure a consistent and reliable power supply for its member-owners. By providing top-notch electric service, the corporation aims to enhance the daily lives of its community members, enabling them to thrive in their homes and businesses.
Moreover, Colquitt Electric Membership Corporation remains committed to upholding the highest standards of customer care. Its team of dedicated professionals works tirelessly to maintain and improve the electric infrastructure, ensuring that any issues are addressed promptly and effectively. By offering a high-quality electric service, the corporation fosters a strong bond with its members, creating a vibrant and connected community.
In summary, Colquitt Electric Membership Corporation is a mission-driven organization that places its members at the heart of its operations. By providing exceptional electric service and maintaining a reasonable cost, the corporation empowers its community to flourish and grow.
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Impact
October, 2024
Colquitt Electric Membership Corporation plays a vital role in supplying electricity and associated services to its member-owners, ensuring access to reliable energy in rural areas. Operating from Moultrie, GA, the organization is dedicated to providing the best possible electric service to all who seek it within its service area. By maintaining a commitment to reasonable costs and the highest standards of service, Colquitt Electric enhances the quality of life for its community members. Their initiatives not only contribute to economic development but also promote energy accessibility, fostering growth and sustainability in the regions they serve. Through their focus on meeting the needs of their members, Colquitt Electric strengthens local communities and supports public welfare.
This information is meant to be a general summary of Colquitt 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $75,489
- Program Service Revenue: $172,311,093
- Gross Receipts: $172,442,912
Assets and Liabilities:
- Total Assets: $343,469,059
- Total Liabilities: $187,929,771
- Net Assets: $155,539,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRICITY SALES
Revenue
$168,004,540
G&T CAPITAL CREDITS
Revenue
$2,136,337
POLE RENTAL
Revenue
$1,619,122
OTHER CAP CREDITS & PATRON A
Revenue
$551,094
Organization Details
Founding Year
1936
Principal Officer
Daniel Nichols
Website
www.colquittemc.comNTEE Category
Code: W80 - Public benefit
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