Diverse Power Incorporated

Attn Andrew Kilgore

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

EIN: 580465897 ✦ Lagrange, GA ✦ Designated as a 501(c)(12)

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Overview

What is Diverse Power Incorporated?

Diverse Power Incorporated is a nonprofit organization dedicated to delivering top-notch electric services to everyone within its system area, ensuring affordable rates and maintaining the highest service standards. The mission of this entity is to cater to the electric needs of all, prioritizing quality and affordability.


Official website here: www.see schedule o

What are the reviews and ratings of this charity?

Diverse Power Incorporated is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization. This classification means it does not meet the criteria for evaluation under Charity Navigator's standard methodologies, such as Accountability & Finance or Impact & Measurement. The absence of a rating should not be interpreted as an assessment of the organization's effectiveness or integrity, but rather a result of its classification.

Historically, Charity Navigator ratings primarily reflect Accountability and Finance scores, but Diverse Power is not eligible for such an evaluation as it's not a 501(c)(3) entity. Key financial data, such as total revenue, expenses, and salaries of key persons, is also unavailable. Despite its independent status as reported by the IRS Business Master File, comprehensive evaluation based on typical nonprofit criteria is not possible.

Given the lack of user reviews on GreatNonprofits, there is limited community feedback available for Diverse Power. This absence leaves a gap in understanding the organization's public perception and the community's direct experiences. Overall, there remains an incomplete picture surrounding Diverse Power Incorporated's operations in the nonprofit sector.


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

Is Diverse Power Incorporated legitimate?

Diverse Power Incorporated is a legitimate nonprofit organization registered as a 501(c)(12) entity. Diverse Power Incorporated 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: $758,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.see schedule o

What is the mission statement of Diverse Power Incorporated?

Diverse Power Incorporated is dedicated to delivering top-notch electric services to all who seek it within their operational territory. They prioritize affordability, ensuring the cost remains reasonable while maintaining the highest level of service quality. Their mission is clear: to provide the best possible electric service to all, adhering to the most stringent standards within the industry. They strive to meet the electricity demands of their customers efficiently and effectively. Additionally, Diverse Power Incorporated is committed to continuous improvement, upholding their standard of excellence in every aspect of their operations.


Official website here: www.see schedule o

Who is the CEO of Diverse Power Incorporated?

R Wayne Livingston is the Chairman of Diverse Power Incorporated.


Official website here: www.see schedule o

What is the revenue of Diverse Power Incorporated?

Diverse Power Incorporated's revenue in 2022 was $117,829,336.


Official website here: www.see schedule o

Who are the executives of Diverse Power Incorporated and what are their salaries?

The average compensation at Diverse Power Incorporated during 2022 was $5,307. There are 143 employees at Diverse Power Incorporated.


Here are 16 key members and their salaries:


Charles Knight (Chairman)
  • Compensation: $28,400
  • Related: $0
  • Other: $0
William Couch (Vice Chairma)
  • Compensation: $27,800
  • Related: $0
  • Other: $0
Kim Curry (Secretary)
  • Compensation: $28,100
  • Related: $0
  • Other: $0
Roy Tollerson Jr (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Jimmy G Bailey (Director)
  • Compensation: $27,200
  • Related: $0
  • Other: $0
Larry Keith (Director)
  • Compensation: $26,400
  • Related: $0
  • Other: $0
Harrell Landreth (Director)
  • Compensation: $24,600
  • Related: $0
  • Other: $0
David Murphy (Director)
  • Compensation: $23,100
  • Related: $0
  • Other: $0
Richard Williams (Director)
  • Compensation: $27,500
  • Related: $0
  • Other: $0
Larry Williamson (Director)
  • Compensation: $26,400
  • Related: $0
  • Other: $0
R Wayne Livingston (President/Ce)
  • Compensation: $434,708
  • Related: $0
  • Other: $59,736
Randy Shepard (Svp-Cbo)
  • Compensation: $304,498
  • Related: $0
  • Other: $67,544
Andrew Kilgore (Svp-Cfo)
  • Compensation: $206,372
  • Related: $0
  • Other: $56,045
Jamin Blair (Svp-Cengo)
  • Compensation: $205,566
  • Related: $0
  • Other: $83,550
Charles Redmond (Vp-Staking &)
  • Compensation: $173,689
  • Related: $0
  • Other: $51,805
Steve Tittle (Vp- It)
  • Compensation: $163,401
  • Related: $0
  • Other: $50,699


Official website here: www.see schedule o

Where can I find the form 990 for Diverse Power Incorporated?

Diverse Power Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.see schedule o

Learn more at the official website: www.see schedule o

Mission Statement of Diverse Power Incorporated

Diverse Power Incorporated, a dedicated electric service provider, is committed to delivering the finest electric service to all its customers within the system area. The organization prioritizes affordability and maintains a standard of service that exceeds customer expectations.

In pursuit of its mission, Diverse Power Incorporated strives to ensure that the best possible electric service is accessible to everyone who desires it. The team is dedicated to providing this essential utility in a responsible and cost-effective manner. They take pride in their unwavering commitment to maintaining the highest standards of service, ensuring their customers receive a reliable and consistent electric supply.

By consistently focusing on delivering the best electric service possible, Diverse Power Incorporated aims to build trust and confidence with its customers. The team's unwavering dedication to excellence in service delivery sets them apart in the industry. Their mission is a promise to their customers, reassuring them that they will always be prioritized and valued. Diverse Power Incorporated's unyielding commitment to its customers is a testament to its strong sense of responsibility and its unwavering passion for delivering exceptional electric service.

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Impact




October, 2024

Diverse Power Incorporated significantly enhances the quality of life for residents and businesses in its service area by delivering reliable and affordable electric service. The organization is committed to meeting the energy needs of all who desire its services, ensuring accessibility and consistency in energy delivery. With a focus on adhering to the highest standards of service, Diverse Power fosters a sense of community trust and satisfaction. Their efforts contribute not only to individual households but also support local economic development by providing a stable energy source essential for business operation and growth. This commitment to excellence and affordability positions Diverse Power as a vital resource in LaGrange, Georgia, benefiting the entire community.




This information is meant to be a general summary of Diverse Power Incorporated. 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
$117,829,336 (2022)
Expenses
$117,829,336 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $95,026
  • Program Service Revenue: $117,621,137
  • Gross Receipts: $117,829,336

Assets and Liabilities:

  • Total Assets: $239,882,222
  • Total Liabilities: $161,164,529
  • Net Assets: $78,717,693

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Programs

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

ELECTRIC REVENUE

Revenue

$113,956,334

OTHER CAPITAL CREDITS

Revenue

$2,203,375

POLE RENTAL

Revenue

$1,461,428

Organization Details

Founding Year

1936

Principal Officer

R Wayne Livingston

Main Address

1400 SOUTH DAVIS ROAD, LAGRANGE, GA, 30241

NTEE Category

Code: W80 - Public benefit

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