Grady Electric Membership Corporation

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

EIN: 580264525 ✦ Cairo, GA ✦ Designated as a 501(c)(12)

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Overview

What is Grady Electric Membership Corporation?

Grady Electric Membership Corporation is a cooperative based in Cairo, Georgia, serving around 13,600 members. Their primary mission is to provide electricity to the cooperative's membership base. As a cooperative, Grady Electric aims to meet the electrical needs of its community by selling electricity to its members.


Official website here: www.gradyemc.com

Is Grady Electric Membership Corporation legitimate?

Grady Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Grady 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: $671,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gradyemc.com

What is the mission statement of Grady Electric Membership Corporation?

Grady Electric Membership Corporation is a cooperative dedicated to delivering electricity to its members. Based in Georgia, the cooperative caters to around 13,600 individuals. Its primary mission is to provide electricity and sell it to cooperative members, ensuring energy access for its community. The cooperative takes pride in being a vital source of power for its members, offering a reliable and consistent electricity supply. Moreover, the organization focuses on maintaining the highest standards of customer service, fostering a strong sense of community amongst its members. Additionally, Grady Electric Membership Corporation strives to promote sustainable energy practices and work towards the long-term energy needs of its members.


Official website here: www.gradyemc.com

Who is the CEO of Grady Electric Membership Corporation?

John Long is the Ceo of Grady Electric Membership Corporation. The CEO's salary of Grady Electric Membership Corporation is $247,417 and their total compensation is $368,867.


Official website here: www.gradyemc.com

What is the revenue of Grady Electric Membership Corporation?

Grady Electric Membership Corporation's revenue in 2022 was $52,006,596.


Official website here: www.gradyemc.com

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

The average compensation at Grady Electric Membership Corporation during 2022 was $9,196. There are 73 employees at Grady Electric Membership Corporation.


Here are 13 key members and their salaries (Grady Electric Membership Corporation's CEO's salary is $247,417 and their total compensation is $368,867):


Gregory Brouillet (Secretary/Treasurer)
  • Compensation: $8,500
  • Related: $0
  • Other: $0
Eric Cohen (Chairman)
  • Compensation: $19,172
  • Related: $0
  • Other: $0
James Hammett (Director)
  • Compensation: $13,224
  • Related: $0
  • Other: $0
Terry Hurst (Vice Chairman)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Blake Stanaland (Director)
  • Compensation: $17,172
  • Related: $0
  • Other: $0
Lee Powell (Director)
  • Compensation: $16,172
  • Related: $0
  • Other: $0
Samuel Perkins (Director)
  • Compensation: $20,672
  • Related: $0
  • Other: $0
John Long (Ceo)
  • Compensation: $247,417
  • Related: $0
  • Other: $121,450
R Kyle Henderson (Coo)
  • Compensation: $132,378
  • Related: $0
  • Other: $69,123
H Scott Taliaferro (Line Crew Foreman)
  • Compensation: $103,346
  • Related: $0
  • Other: $55,054
John Mark Bryant (Line Crew Leader)
  • Compensation: $104,556
  • Related: $0
  • Other: $37,572
Joe Keith Harrell (Engineering Manager)
  • Compensation: $108,715
  • Related: $0
  • Other: $66,395
Russell Barry Bishop (Construction Manager)
  • Compensation: $101,015
  • Related: $0
  • Other: $54,172


Official website here: www.gradyemc.com

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

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


Official website here: www.gradyemc.com

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

Mission Statement of Grady Electric Membership Corporation

Grady Electric Membership Corporation, a cooperative entity based on the principle of collective ownership, serves around 13,600 members. Their primary objective is to deliver electricity to each cooperative member effectively. Grady Electric's commitment extends beyond just selling electricity; they are dedicated to ensuring a reliable electricity supply for their members.

The mission of Grady Electric Membership Corporation is multifaceted. They prioritize their members' needs above all, working diligently to bring electricity to their doorsteps. Grady Electric's team of dedicated professionals consistently strive to maintain and upgrade their infrastructure to meet the ever-evolving energy demands of their diverse membership base. The cooperative is deeply rooted in the belief that access to reliable electricity is essential for the well-being and progress of the communities they serve.

Grady Electric Membership Corporation's unwavering dedication to its members is reflected in its daily operations. Their commitment translates into a consistent focus on improving their services, ensuring customer satisfaction, and fostering a strong sense of community. By providing electricity and maintaining a reliable power supply, Grady Electric plays a vital role in enhancing the quality of life for their members and contributing to the overall development of the communities they serve.

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Impact




October, 2024

Grady Electric Membership Corporation plays a vital role in providing reliable electricity to approximately 13,600 members in Cairo, GA. By focusing on the sale of electricity to its cooperative members, Grady Electric ensures access to essential energy services that enhance the quality of life in the community. Their consistent commitment to delivering electricity supports local businesses, augments residential living standards, and fosters overall economic development in the region. With a mission centered on meeting the energy needs of its members, Grady Electric contributes to the sustainability and growth of Cairo and its surrounding areas.




This information is meant to be a general summary of Grady 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
$52,006,596 (2022)
Expenses
$51,729,742 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $107,233
  • Program Service Revenue: $51,872,870
  • Gross Receipts: $52,042,761

Assets and Liabilities:

  • Total Assets: $142,481,155
  • Total Liabilities: $69,426,904
  • Net Assets: $73,054,251

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Programs

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

SALE OF ELECTRICITY

Revenue

$50,831,377

CAPITAL CREDIT ALLOCATIONS

Revenue

$522,544

POLE & TOWER RENT

Revenue

$518,949

Organization Details

Founding Year

1937

Principal Officer

John Long

Main Address

1499 HWY 84W, CAIRO, GA, 39828

NTEE Category

Code: W80 - Public benefit

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