Overview
What is Three Notch Electric Membership Corporation?
Three Notch Electric Membership Corporation is a nonprofit organization located in Donalsville, Georgia. With a workforce of 60 employees, they serve approximately 8,279 members in Southwest Georgia. Their mission is to provide members with efficient and prompt electric service at the lowest possible cost. The corporation's primary activity revolves around the sale of electricity to its cooperative members.
Official website here: www.threenotchemc.com
Is Three Notch Electric Membership Corporation legitimate?
Three Notch Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Three Notch 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: $377,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.threenotchemc.com
What is the mission statement of Three Notch Electric Membership Corporation?
Three Notch Electric Membership Corporation is committed to delivering prompt and efficient electrical services to its approximately 8,279 members. The organization's primary goal is to provide electricity to its members at the lowest possible cost. In pursuit of this objective, Three Notch Electric Membership Corporation strives to ensure reliable and consistent power supply to its cooperative. Additionally, the corporation is dedicated to maintaining a strong sense of customer service, ensuring that members receive not only efficient electricity, but also dependable assistance when needed. By focusing on affordability and service, Three Notch Electric Membership Corporation aims to build a strong relationship with its community, providing essential energy resources to enhance the quality of life for its members.
Official website here: www.threenotchemc.com
Who is the CEO of Three Notch Electric Membership Corporation?
Janet Grimsley is the CEO of Three Notch Electric Membership Corporation The CEO's salary of Three Notch Electric Membership Corporation is $164,275 and their total compensation is $227,784.
Official website here: www.threenotchemc.com
What is the revenue of Three Notch Electric Membership Corporation?
Three Notch Electric Membership Corporation's revenue in 2023 was $43,402,125.
Official website here: www.threenotchemc.com
Who are the executives of Three Notch Electric Membership Corporation and what are their salaries?
The average compensation at Three Notch Electric Membership Corporation during 2023 was $6,737. There are 56 employees at Three Notch Electric Membership Corporation.
Here are 16 key members and their salaries (Three Notch Electric Membership Corporation's CEO's salary is $164,275 and their total compensation is $227,784):
- Compensation: $12,121
- Related: $0
- Other: $0
- Compensation: $30,095
- Related: $0
- Other: $0
- Compensation: $30,870
- Related: $0
- Other: $0
- Compensation: $24,253
- Related: $0
- Other: $0
- Compensation: $6,766
- Related: $0
- Other: $4,000
- Compensation: $15,056
- Related: $0
- Other: $0
- Compensation: $13,306
- Related: $0
- Other: $0
- Compensation: $1,175
- Related: $0
- Other: $0
- Compensation: $5,675
- Related: $0
- Other: $0
- Compensation: $6,175
- Related: $0
- Other: $0
- Compensation: $164,275
- Related: $0
- Other: $63,509
- Compensation: $121,834
- Related: $0
- Other: $40,038
- Compensation: $115,214
- Related: $0
- Other: $51,531
- Compensation: $122,278
- Related: $0
- Other: $37,677
- Compensation: $108,381
- Related: $0
- Other: $48,618
- Compensation: $111,855
- Related: $0
- Other: $47,369
Official website here: www.threenotchemc.com
Where can I find the form 990 for Three Notch Electric Membership Corporation?
Three Notch Electric Membership Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.threenotchemc.com
Learn more at the official website: www.threenotchemc.com
Mission Statement of Three Notch Electric Membership Corporation
Three Notch Electric Membership Corporation is a dedicated organization that strives to deliver prompt and efficient electric service to its approximately 8,279 members, ensuring they receive electricity at the most affordable cost possible. Established with a clear mission, the corporation is committed to putting its members first, prioritizing their needs as it provides essential electricity services.
With a strong focus on affordability, Three Notch Electric Membership Corporation works tirelessly to keep electricity costs as low as possible for its members. Through efficient operations and cost-effective strategies, the corporation is able to offer reliable electricity services that are accessible to all. By providing members with dependable electricity, the organization enhances their quality of life and supports the communities it serves.
Moreover, Three Notch Electric Membership Corporation is not just about electricity; it's about service. The corporation is dedicated to delivering more than just electricity. It prides itself on providing prompt, efficient, and effective customer service. This commitment to service sets the organization apart and helps foster a strong bond between the corporation and its members. Overall, Three Notch Electric Membership Corporation is a vital part of its community, working diligently to meet the electricity needs of its members while keeping costs low and service top-notch.
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Impact
October, 2024
Three Notch Electric Membership Corporation significantly impacts the community by delivering prompt and efficient electricity services to approximately 8,279 cooperative members in Southwest Georgia. By focusing on providing electricity at the lowest possible cost, the organization enhances the quality of life for its members and supports the local economy. This commitment to affordability and service ensures that households and businesses can rely on a stable power supply, fostering growth and sustainability in the region. Additionally, the cooperative's operations contribute to the overall public benefit by prioritizing the needs of its members and maintaining an accessible energy infrastructure in the community.
This information is meant to be a general summary of Three Notch 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 2023.
- Investment Income: $1,562,812
- Program Service Revenue: $41,839,313
- Gross Receipts: $43,402,125
Assets and Liabilities:
- Total Assets: $103,583,258
- Total Liabilities: $52,988,624
- Net Assets: $50,594,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electricity Sales
Revenue
$39,257,583
SER, LLC INCOME
Revenue
$1,444,250
Capital Credits
Revenue
$948,608
Pole Rental
Revenue
$188,872
Organization Details
Founding Year
1938
Principal Officer
Janet T Grimsley
Website
www.threenotchemc.comNTEE Category
Code: W80 - Public benefit
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