Ocmulgee Electric Membership Corp

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

EIN: 580372515 ✦ Eastman, GA ✦ Designated as a 501(c)(12)

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Overview

What is Ocmulgee Electric Membership Corp?

Ocmulgee Electric Membership Corp is a public utilities nonprofit organization based in Eastman, Georgia. Their primary mission is dedicated to delivering rural electric services to community members in the area. Ocmulgee Electric Membership Corp's programs focus on providing essential electrical infrastructure and services for residents in rural locations.


Official website here: www.ocmulgeeemc.com

What are the reviews and ratings of this charity?

Ocmulgee Electric Membership Corp is not currently rated by Charity Navigator. The lack of a rating stems from its status as not being a 501(c)(3) IRS registered nonprofit, which is a requirement for evaluation by Charity Navigator. This is neither a positive nor negative reflection but indicates an ineligibility for standard ratings.

Charity Navigator's evaluation considers Accountability & Finance, among other factors, but Ocmulgee Electric Membership Corp does not file the specific forms required, like the IRS Form 990, to provide this insight. This limits any financial transparency data typically available for 501(c)(3) entities.

No user reviews are available on GreatNonprofits for Ocmulgee Electric Membership Corp. Without community feedback, potential supporters may find it challenging to gauge public opinion on the organization.


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

Is Ocmulgee Electric Membership Corp legitimate?

Ocmulgee Electric Membership Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ocmulgee 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: $283,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ocmulgeeemc.com

What is the mission statement of Ocmulgee Electric Membership Corp?

Ocmulgee Electric Membership Corp is a public utilities organization dedicated to delivering rural electric service to its members. Its primary mission is to ensure that electricity reaches those living in rural areas. The corporation's programs focus on providing uninterrupted electrical service, ensuring that members in remote locations have access to the same essential utility as their urban counterparts. Through its dedicated efforts, Ocmulgee Electric Membership Corp enables communities in rural areas to thrive, boosting economic opportunities and improving the overall quality of life. The organization's commitment to its members extends beyond just electricity, as it continually seeks to understand the unique needs of rural communities and tailor its services accordingly.


Official website here: www.ocmulgeeemc.com

Who is the CEO of Ocmulgee Electric Membership Corp?

Barry Martin is the President of Ocmulgee Electric Membership Corp.


Official website here: www.ocmulgeeemc.com

What is the revenue of Ocmulgee Electric Membership Corp?

Ocmulgee Electric Membership Corp's revenue in 2022 was $26,583,784.


Official website here: www.ocmulgeeemc.com

Who are the executives of Ocmulgee Electric Membership Corp and what are their salaries?

The average compensation at Ocmulgee Electric Membership Corp during 2022 was $6,039. There are 47 employees at Ocmulgee Electric Membership Corp.


Here are 10 key members and their salaries:


Wh Peacock (General Mana)
  • Compensation: $139,423
  • Related: $0
  • Other: -$24,711
Billy L Joiner (Director)
  • Compensation: $26,868
  • Related: $0
  • Other: $1,922
Barry Martin (President)
  • Compensation: $25,113
  • Related: $0
  • Other: $1,922
Billy Hartley (Director)
  • Compensation: $15,063
  • Related: $0
  • Other: $1,922
Algie J Jones Jr (Director)
  • Compensation: $14,860
  • Related: $0
  • Other: $1,922
A Ray Lancaster (Director)
  • Compensation: $14,753
  • Related: $0
  • Other: $1,922
Joel Blake Rowland (Director)
  • Compensation: $14,666
  • Related: $0
  • Other: $1,922
John Woodard (Vice Pres.)
  • Compensation: $12,745
  • Related: $0
  • Other: $1,922
Charles M Pittman (Sec. Tres.)
  • Compensation: $11,714
  • Related: $0
  • Other: $1,922
James W Fordham Sr (Director)
  • Compensation: $8,627
  • Related: $0
  • Other: $1,922


Official website here: www.ocmulgeeemc.com

Where can I find the form 990 for Ocmulgee Electric Membership Corp?

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


Official website here: www.ocmulgeeemc.com

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

Mission Statement of Ocmulgee Electric Membership Corp

Ocmulgee Electric Membership Corporation, a public utilities organization based in Georgia, is dedicated to bringing rural electric service to its members. In simple terms, the corporation's mission is to electrify the lives of those living in rural areas by delivering reliable and efficient electricity.

Established in Eastman, GA, Ocmulgee Electric Membership Corporation focuses on extending its services to the less urban populations. By providing electrical service to these rural communities, the organization enables its members to access modern conveniences, ensuring a better quality of life. The corporation prides itself on its commitment to expanding electrical connectivity, thereby bridging the urban-rural divide.

In addition to its core service, Ocmulgee Electric Membership Corporation is actively involved in implementing programs that cater to the unique needs of its members. By offering rural electric service, the organization plays a vital role in facilitating economic development and improving the overall standard of living in these communities. Through its dedication to providing sustainable and reliable electricity, Ocmulgee Electric Membership Corporation stands as a beacon of progress and innovation in the rural landscape.

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Impact




October, 2024

Ocmulgee Electric Membership Corporation provides essential rural electric service to members in Eastman, GA, significantly enhancing the quality of life in the region. By delivering reliable electricity, the organization supports homes and businesses, fostering economic growth and stability. Its commitment to serving rural areas ensures that communities have access to modern conveniences and opportunities for development.

The corporation plays a crucial role in improving infrastructure by facilitating energy access, which can lead to increased property values and attract new residents and businesses. By prioritizing the needs of its members, Ocmulgee Electric Membership Corporation helps bridge the energy gap in less populated areas, promoting equal access to utilities that many take for granted. This commitment not only benefits individual households but also strengthens the overall community, making Eastman a better place to live and work.




This information is meant to be a general summary of Ocmulgee 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.

Revenue
$26,583,784 (2022)
Expenses
$27,770,609 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $88,205
  • Program Service Revenue: $26,495,579
  • Gross Receipts: $26,583,784

Assets and Liabilities:

  • Total Assets: $64,658,462
  • Total Liabilities: $21,937,299
  • Net Assets: $42,721,163

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Programs

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

RESIDENTIAL SALES

Revenue

$18,032,274

COMMERCL & INDUSTL SALES - SM

Revenue

$4,183,003

IRRIGATION SALES

Revenue

$1,951,678

COMMERCL & INDUSTL SALES - LA

Revenue

$1,365,167

OTHER ELECTRIC REVENUE

Revenue

$442,058

Organization Details

Principal Officer

Barry Martin

Main Address

P O BOX 669, EASTMAN, GA, 31023

NTEE Category

Code: W80 - Public benefit

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