Planters Electric Membership Corporation

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

EIN: 580388085 ✦ Millen, GA ✦ Designated as a 501(c)(12)

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Overview

What is Planters Electric Membership Corporation?

Planters Electric Membership Corporation is a nonprofit organization located in Millen, Georgia. Their primary mission is to provide top-notch electric service to anyone within their service area, ensuring affordability and adhering to the highest service standards. The organization, employing a team of 57 individuals, is dedicated to delivering electricity to its customers effectively and reasonably.


Official website here: www.plantersemc.com

Is Planters Electric Membership Corporation legitimate?

Planters Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Planters 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: $606,229
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.plantersemc.com

What is the mission statement of Planters Electric Membership Corporation?

Planters Electric Membership Corporation is dedicated to delivering the highest standard of electric service to all those who seek it within their service area. This commitment is carried out with a focus on affordability, ensuring reasonable costs for the residents and businesses they serve. The corporation's ultimate goal is to meet the electric needs of its customers efficiently and effectively, striving for excellence in every aspect of its operations. Additionally, they aim to provide reliable and consistent power, making it an essential utility within their community. By prioritizing customer satisfaction and investing in advanced technologies, Planters Electric Membership Corporation aspires to be a trusted and valued partner in the energy sector.


Official website here: www.plantersemc.com

Who is the CEO of Planters Electric Membership Corporation?

Edward M Brinson is the Chairman of Planters Electric Membership Corporation.


Official website here: www.plantersemc.com

What is the revenue of Planters Electric Membership Corporation?

Planters Electric Membership Corporation's revenue in 2022 was $41,037,655.


Official website here: www.plantersemc.com

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

The average compensation at Planters Electric Membership Corporation during 2022 was $10,636. There are 57 employees at Planters Electric Membership Corporation.


Here are 16 key members and their salaries:


Horace Weathersby Iii (Chairman)
  • Compensation: $20,482
  • Related: $0
  • Other: $0
Jonathan Crockett (Vice Chairma)
  • Compensation: $18,327
  • Related: $0
  • Other: $0
Todd Bazemore (Secretary/Tr)
  • Compensation: $19,400
  • Related: $0
  • Other: $0
Stanton R Hillis (Director)
  • Compensation: $19,864
  • Related: $0
  • Other: $0
Ainsworth Zeagler (Director)
  • Compensation: $18,943
  • Related: $0
  • Other: $0
Don I Burke (Director)
  • Compensation: $19,900
  • Related: $0
  • Other: $0
Linda D Josey (Director)
  • Compensation: $16,730
  • Related: $0
  • Other: $0
Mary Robbins (Director)
  • Compensation: $21,435
  • Related: $0
  • Other: $0
Elbert Burke (Director)
  • Compensation: $16,043
  • Related: $0
  • Other: $0
Rayburn G Johnson (Director)
  • Compensation: $4,100
  • Related: $0
  • Other: $0
Edward M Brinson (General Mana)
  • Compensation: $326,065
  • Related: $0
  • Other: $104,940
Norman Williams (Asst General)
  • Compensation: $170,990
  • Related: $0
  • Other: $61,559
Pauline Adams (Mgr. Of Admi)
  • Compensation: $146,673
  • Related: $0
  • Other: $54,060
William J Mcbride (Info. System)
  • Compensation: $183,748
  • Related: $0
  • Other: $62,326
Randall Hill (Mgr. Member)
  • Compensation: $149,485
  • Related: $0
  • Other: $55,813
William Wilson (Line Superin)
  • Compensation: $146,200
  • Related: $0
  • Other: $43,759


Official website here: www.plantersemc.com

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

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


Official website here: www.plantersemc.com

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

Mission Statement of Planters Electric Membership Corporation

Planters Electric Membership Corporation, a dedicated organization, strives to provide top-notch electric service to all who seek it within its designated service area, ensuring a reasonable cost aligned with the highest industry standards. Through its unwavering commitment, the corporation sets out to meet and exceed the electric needs of its community members, making access to reliable power an attainable reality for all.

In pursuit of its mission, Planters Electric Membership Corporation is steadfast in its efforts to deliver electricity of the finest caliber to every household and business within its reach. By maintaining the highest standards of service, the corporation fosters a strong sense of trust and reliability among its clientele, providing a cornerstone of stability in their daily lives.

Moreover, Planters Electric Membership Corporation remains dedicated to ensuring that the cost of electricity remains reasonable for all its customers. By striking a balance between affordability and exceptional service, the organization continually strives to make a positive impact on the lives of those it serves, ultimately contributing to the overall well-being and prosperity of its community.

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Impact




October, 2024

Planters Electric Membership Corporation plays a vital role in enhancing the quality of life for residents within its service area in Millen, Georgia. By providing reliable and affordable electric service, it ensures that all community members have access to essential energy resources. This commitment to high service standards not only supports everyday needs but also fosters economic development and stability within the region. The cooperative's focus on reasonable rates allows households and businesses to operate more efficiently, promoting an environment where both can thrive. Ultimately, Planters Electric Membership Corporation strengthens the community by prioritizing customer satisfaction and sustainability in its operations.




This information is meant to be a general summary of Planters 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
$41,037,655 (2022)
Expenses
$41,037,655 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $716,653
  • Program Service Revenue: $40,321,002
  • Gross Receipts: $41,037,655

Assets and Liabilities:

  • Total Assets: $111,461,566
  • Total Liabilities: $59,634,926
  • Net Assets: $51,826,640

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Programs

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

ELECTRIC REVENUE

Revenue

$38,942,172

G & T CAPITAL CREDITS

Revenue

$645,092

POLE RENTAL

Revenue

$524,717

OTHER CAPITAL CREDITS

Revenue

$209,021

Organization Details

Founding Year

1936

Principal Officer

Edward M Brinson

Main Address

PO BOX 979, MILLEN, GA, 304420979

NTEE Category

Code: W80 - Public benefit

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