Overview
What is Sawnee Electric Membership Corporation?
Sawnee Electric Membership Corporation is a nonprofit organization committed to providing electric services to anyone residing within its designated service area, as mandated by Georgia law, lender requirements, and industry standards. The corporation's primary mission revolves around delivering electricity to its customers, ensuring accessibility to all who request it.
Official website here: www.sawnee.coop
Is Sawnee Electric Membership Corporation legitimate?
Sawnee Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sawnee 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: $1,498,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sawnee.coop
What is the mission statement of Sawnee Electric Membership Corporation?
Sawnee Electric Membership Corporation is dedicated to delivering electric service to all who seek it within its authorized jurisdiction, in accordance with Georgia laws, lender requirements, and industry and regulatory standards. The organization's primary goal is to ensure access to reliable electric power for its customers, upholding the highest levels of quality and adherence to industry norms. In pursuit of this objective, Sawnee Electric Membership Corporation remains committed to complying with all relevant laws and regulations, as well as the expectations of its funding sources.
Official website here: www.sawnee.coop
What is the revenue of Sawnee Electric Membership Corporation?
Sawnee Electric Membership Corporation's revenue in 2024 was $448,376,114.
Official website here: www.sawnee.coop
Who are the executives of Sawnee Electric Membership Corporation and what are their salaries?
The average compensation at Sawnee Electric Membership Corporation during 2024 was $3,627. There are 413 employees at Sawnee Electric Membership Corporation.
Here are 16 key members and their salaries:
- Compensation: $45,680
- Related: $0
- Other: $0
- Compensation: $48,590
- Related: $0
- Other: $0
- Compensation: $47,359
- Related: $0
- Other: $0
- Compensation: $2,129
- Related: $0
- Other: $0
- Compensation: $42,148
- Related: $0
- Other: $0
- Compensation: $39,151
- Related: $0
- Other: $0
- Compensation: $38,794
- Related: $0
- Other: $0
- Compensation: $41,666
- Related: $0
- Other: $0
- Compensation: $42,471
- Related: $0
- Other: $0
- Compensation: $36,235
- Related: $0
- Other: $0
- Compensation: $1,076,198
- Related: $0
- Other: $37,582
- Compensation: $613,249
- Related: $0
- Other: $30,763
- Compensation: $446,017
- Related: $0
- Other: $155,923
- Compensation: $319,510
- Related: $0
- Other: $131,896
- Compensation: $260,930
- Related: $0
- Other: $22,701
- Compensation: $233,799
- Related: $0
- Other: $105,370
Official website here: www.sawnee.coop
Where can I find the form 990 for Sawnee Electric Membership Corporation?
Sawnee Electric Membership Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sawnee.coop
Learn more at the official website: www.sawnee.coop
Mission Statement of Sawnee Electric Membership Corporation
Sawnee Electric Membership Corporation, a dedicated organization, is committed to providing electric service to all those who desire it within its designated service area. Adhering to the guidelines set forth by Georgia law, lender requirements, and various regulatory and industry standards, Sawnee Electric ensures accessible and reliable electric services to its community.
In simple terms, Sawnee Electric's mission is to extend the reach of electric power to every resident and business within its jurisdiction. Through its unwavering dedication, the corporation bridges the gap between energy needs and availability, ensuring that no one is left in the dark. By prioritizing the necessities outlined by law and industry standards, Sawnee Electric underscores its commitment to delivering on its promise of electric service to all.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Sawnee Electric Membership Corporation (EMC) plays a vital role in delivering reliable electric service to residents and businesses in its service area, which includes Cumming, GA, and surrounding areas. By adhering to Georgia law and meeting lender requirements, the corporation ensures that all customers who seek electric service have access to it.
This commitment not only enhances the quality of life for individuals by providing consistent and dependable power but also supports economic growth within the community. The availability of electric service fosters local businesses, encourages development, and contributes to the overall prosperity of the region. Moreover, Sawnee EMC’s adherence to regulatory and industry standards underscores its dedication to safe and sustainable energy practices.
The impact of Sawnee Electric Membership Corporation extends beyond just providing electricity; it is a cornerstone of community infrastructure, promoting public benefit and supporting the everyday lives of its members.
This information is meant to be a general summary of Sawnee 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: $9,039,343
- Program Service Revenue: $438,473,131
- Gross Receipts: $448,376,114
Assets and Liabilities:
- Total Assets: $939,931,569
- Total Liabilities: $627,602,905
- Net Assets: $312,328,664
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$428,511,268
G & T CAPITAL CREDITS
Revenue
$3,968,473
POLE RENTAL
Revenue
$3,434,194
OTHER CAPITAL CREDITS
Revenue
$2,559,196
Organization Details
Founding Year
1938
Principal Officer
Michael A Goodroe
Website
www.sawnee.coopNTEE Category
Code: W80 - Public benefit
If you are a representative of Sawnee Electric Membership Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.