Overview
What is Snapping Shoals Electric Membership Corporation?
Snapping Shoals Electric Membership Corporation is a nonprofit organization committed to delivering top-tier electric services to all who wish to avail of it within their operational area. They prioritize reasonable pricing while adhering to the highest service standards.
Is Snapping Shoals Electric Membership Corporation legitimate?
Snapping Shoals Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Snapping Shoals 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: $940,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Snapping Shoals Electric Membership Corporation?
Snapping Shoals Electric Membership Corporation is dedicated to delivering excellent electric service to all those who seek it within its operational boundaries. The organization is committed to providing this service at a reasonable cost, upholding the highest industry standards. Their primary goal is to ensure customer satisfaction by consistently delivering reliable and efficient electric power. Additionally, Snapping Shoals Electric Membership Corporation strives to maintain modern infrastructure and remain responsive to the evolving energy needs within its service area. The corporation's mission is fueled by its dedication to maintaining a strong community focus and keeping its customers at the forefront of its operations.
Who is the CEO of Snapping Shoals Electric Membership Corporation?
Shaun Mock is the Chairman of Snapping Shoals Electric Membership Corporation.
What is the revenue of Snapping Shoals Electric Membership Corporation?
Snapping Shoals Electric Membership Corporation's revenue in 2022 was $249,582,310.
Who are the executives of Snapping Shoals Electric Membership Corporation and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $29,890
- Related: $0
- Other: $0
- Compensation: $40,895
- Related: $0
- Other: $0
- Compensation: $41,210
- Related: $0
- Other: $0
- Compensation: $19,385
- Related: $0
- Other: $0
- Compensation: $45,695
- Related: $0
- Other: $0
- Compensation: $24,935
- Related: $0
- Other: $0
- Compensation: $14,765
- Related: $0
- Other: $0
- Compensation: $32,544
- Related: $0
- Other: $0
- Compensation: $25,656
- Related: $0
- Other: $0
- Compensation: $34,416
- Related: $0
- Other: $0
- Compensation: $26,225
- Related: $0
- Other: $0
- Compensation: $486,249
- Related: $0
- Other: $118,379
- Compensation: $334,593
- Related: $0
- Other: $110,976
- Compensation: $303,625
- Related: $0
- Other: $113,028
- Compensation: $292,739
- Related: $0
- Other: $43,938
- Compensation: $266,515
- Related: $0
- Other: $89,601
- Compensation: $211,443
- Related: $0
- Other: $34,815
Where can I find the form 990 for Snapping Shoals Electric Membership Corporation?
Snapping Shoals Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Snapping Shoals Electric Membership Corporation
Snapping Shoals Electric Membership Corporation, a dedicated provider of electric services, strives to deliver the highest standard of electricity to all its customers within the system area. With a commitment to reasonableness, the organization ensures that the cost of the electric service remains accessible to everyone, making their mission achievable for all who desire it.
Snapping Shoals Electric Membership Corporation's unwavering focus on excellence is reflected in its dedication to providing the best possible electric service. This commitment extends beyond simply delivering power; the organization ensures that the service meets the unique needs of its diverse customer base, maintaining a consistent level of quality that resonates with the highest standards.
In pursuit of this mission, Snapping Shoals Electric Membership Corporation remains steadfast in its promise to serve all who seek its electric services within the system area, providing a reliable and responsible solution for their energy needs. The organization's unwavering dedication to customer satisfaction, combined with its commitment to maintaining the highest standards of service, sets Snapping Shoals Electric Membership Corporation apart as a trusted and essential provider within the community.
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Impact
October, 2024
Snapping Shoals Electric Membership Corporation significantly impacts its community by delivering high-quality electric service to residents in and around Covington, Georgia. Its commitment to providing reliable and affordable electricity ensures that all members who seek service can access it without financial strain. By adhering to the highest standards of service, Snapping Shoals enhances the quality of life for its customers, supporting local growth and development. This focus on public benefit fosters a sense of community and cooperation among members, further strengthening the social fabric of the area. With its dedication to reasonable pricing and excellent service, Snapping Shoals plays a vital role in powering the everyday lives of those it serves.
This information is meant to be a general summary of Snapping Shoals 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 2022.
- Investment Income: $780,119
- Program Service Revenue: $248,628,903
- Gross Receipts: $249,822,588
Assets and Liabilities:
- Total Assets: $306,647,045
- Total Liabilities: $205,062,023
- Net Assets: $101,585,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$240,915,226
POLE RENTAL
Revenue
$5,572,945
G & T CAPITAL CREDITS
Revenue
$1,315,817
OTHER CAPITAL CREDITS
Revenue
$824,915
Organization Details
Founding Year
1936
Phone
(770) 786-3484Principal Officer
Shaun Mock
Main Address
PO BOX 509, COVINGTON, GA, 300150509
NTEE Category
Code: W80 - Public benefit
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