The Satilla Rural Electric Membership Corporation

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

EIN: 580417350 ✦ Alma, GA ✦ Designated as a 501(c)(12)

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Overview

What is The Satilla Rural Electric Membership Corporation?

The Satilla Rural Electric Membership Corporation, based in Alma, Georgia, is a nonprofit organization dedicated to providing dependable electric service to its members at the most affordable price. With a mission to meet the evolving needs and demands of its customers, the corporation goes beyond just energy, offering superior products and services. The organization currently employs 175 individuals, focusing on delivering quality and reliability to its community.


Official website here: www.satillaemc.com

What are the reviews and ratings of this charity?

The Satilla Rural Electric Membership Corporation currently lacks a rating from Charity Navigator. This absence of evaluation does not imply a positive or negative status but reflects that a comprehensive assessment has not been conducted. A rating from Charity Navigator requires at least an Accountability & Finance or Impact & Measurement beacon, which this organization does not possess.

As the organization is not a 501(c)(3) IRS registered nonprofit, it is ineligible for evaluation under certain methodologies utilized by Charity Navigator, such as Leadership & Adaptability, Culture & Community. Historic ratings focus primarily on Accountability and Finance, but specific data regarding Total Revenue, Expenses, and key personnel's salaries are absent, further limiting assessment capabilities.

GreatNonprofits has no user reviews available for The Satilla Rural Electric Membership Corporation, leaving a gap in firsthand user sentiment and feedback that could otherwise provide valuable insights into the organization's community impact and operational effectiveness.


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

Is The Satilla Rural Electric Membership Corporation legitimate?

The Satilla Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Satilla Rural 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: $2,080,655
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.satillaemc.com

What is the mission statement of The Satilla Rural Electric Membership Corporation?

The Satilla Rural Electric Membership Corporation aspires to be acknowledged as a company that adapts to the evolving requirements of its customers by offering top-notch energy and non-energy related products and services. Its mission is to deliver reliable electric service to its members at the most affordable price possible. The organization strives to meet the diverse needs and demands of its customer base, ensuring superiority in the energy sector and beyond. The company's commitment extends beyond energy provision, focusing on meeting the broader needs of its customers to foster long-lasting relationships and satisfaction.


Official website here: www.satillaemc.com

Who is the CEO of The Satilla Rural Electric Membership Corporation?

Romeo Reyes is the Director/Vice-Chairman of The Satilla Rural Electric Membership Corporation. The CEO's salary of The Satilla Rural Electric Membership Corporation is $287,959 and their total compensation is $381,104.


Official website here: www.satillaemc.com

What is the revenue of The Satilla Rural Electric Membership Corporation?

The Satilla Rural Electric Membership Corporation's revenue in 2022 was $140,969,105.


Official website here: www.satillaemc.com

Who are the executives of The Satilla Rural Electric Membership Corporation and what are their salaries?

The average compensation at The Satilla Rural Electric Membership Corporation during 2022 was $11,889. There are 175 employees at The Satilla Rural Electric Membership Corporation.


Here are 20 key members and their salaries (The Satilla Rural Electric Membership Corporation's CEO's salary is $287,959 and their total compensation is $381,104):


Thomas J Morris (Director/Vice-Chairman)
  • Compensation: $11,922
  • Related: $0
  • Other: $0
James W Waters (Director/Treasurer)
  • Compensation: $12,822
  • Related: $0
  • Other: $0
Rl Lewis Jr (Director/Chairman)
  • Compensation: $35,532
  • Related: $0
  • Other: $0
David H Bennett Jr (Director)
  • Compensation: $29,300
  • Related: $0
  • Other: $0
Scott Day (Director)
  • Compensation: $10,622
  • Related: $0
  • Other: $0
Jerry Boatright (Director/Secretary)
  • Compensation: $12,822
  • Related: $0
  • Other: $0
Hugh L Brantley (Director)
  • Compensation: $14,622
  • Related: $0
  • Other: $0
J Matt Bennett (Director)
  • Compensation: $11,472
  • Related: $0
  • Other: $0
Romeo A Reyes (President/Ceo)
  • Compensation: $287,959
  • Related: $0
  • Other: $93,145
Jennifer Lynn Gainey (Director, Admin Services)
  • Compensation: $175,342
  • Related: $0
  • Other: $69,967
Mark A Johnson (Vp Corp & Power Supply Svc)
  • Compensation: $244,684
  • Related: $0
  • Other: $84,255
Robert K Bennett Jr (Director Of Distribution S)
  • Compensation: $188,705
  • Related: $0
  • Other: $69,018
James Tucker Jr (Director Of Customer Servi)
  • Compensation: $183,833
  • Related: $0
  • Other: $72,286
John R Sweat (Director, System Services)
  • Compensation: $167,717
  • Related: $0
  • Other: $64,198
Earl B Williams (It Manager)
  • Compensation: $173,040
  • Related: $0
  • Other: $67,392
Jimmy C Deen (Line Foreman)
  • Compensation: $154,540
  • Related: $0
  • Other: $56,616
Lonny Whitley (System Support Manager)
  • Compensation: $159,182
  • Related: $0
  • Other: $64,759
Bruce Rentz (Member Services Mgr)
  • Compensation: $160,485
  • Related: $0
  • Other: $63,663
Brian Scott Mikell (Line Foreman)
  • Compensation: $181,305
  • Related: $0
  • Other: $60,736
Christie R Mauffray (Acct & Finance Mgr)
  • Compensation: $167,925
  • Related: $0
  • Other: $70,278


Official website here: www.satillaemc.com

Where can I find the form 990 for The Satilla Rural Electric Membership Corporation?

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


Official website here: www.satillaemc.com

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

Mission Statement of The Satilla Rural Electric Membership Corporation

The Satilla Rural Electric Membership Corporation, or SREMC, is dedicated to being recognized as a company that delivers superior energy and non-energy related products and services to meet the evolving requirements of its customers. In simple terms, SREMC aspires to be a reliable provider of electricity and additional offerings for its members at the most affordable price.

SREMC's primary objective is to ensure that its members receive dependable electric service, making it a trusted partner in powering their daily lives. The organization's unwavering commitment to customer satisfaction extends beyond energy, as it strives to offer an array of top-notch products and services to cater to the diverse needs of its customer base. By prioritizing customer needs and keeping the focus on providing excellent solutions, SREMC aims to build strong, lasting relationships with its members.

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Impact




October, 2024

The Satilla Rural Electric Membership Corporation significantly enhances the quality of life for its community by providing reliable and affordable electric service. Located in Alma, Georgia, it focuses on meeting the evolving needs of its customers through the delivery of superior energy solutions as well as non-energy related products and services. By maintaining a commitment to dependability and cost-effectiveness, Satilla ensures that its members have access to essential electricity while fostering economic growth and stability within the region. This commitment to service not only empowers individual households but also supports local businesses, contributing to the overall development of the community.




This information is meant to be a general summary of The Satilla Rural 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
$140,969,105 (2022)
Expenses
$140,969,105 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $586,950
  • Program Service Revenue: $137,712,945
  • Gross Receipts: $140,981,469

Assets and Liabilities:

  • Total Assets: $349,753,639
  • Total Liabilities: $213,963,754
  • Net Assets: $135,789,885

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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

$135,917,284

POLE RENTAL

Revenue

$1,088,823

ELECTRIC SYSTEM ACCESS REVENUE

Revenue

$706,838

Organization Details

Founding Year

1937

Principal Officer

Romeo Reyes

Main Address

PO Box 906, Alma, GA, 315101006

NTEE Category

Code: W80 - Public benefit

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