Upson Electric Membership Corporation

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

EIN: 580470783 ✦ Thomaston, GA ✦ Designated as a 501(c)(12)

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Overview

What is Upson Electric Membership Corporation?

Upson Electric Membership Corporation is a nonprofit organization dedicated to delivering top-notch electric services to residents within its system area at affordable prices, upholding the highest service standards. Neal Trice leads the corporation in fulfilling its mission.


Official website here: www.upsonemc.com

Is Upson Electric Membership Corporation legitimate?

Upson Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Upson 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: $369,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.upsonemc.com

What is the mission statement of Upson Electric Membership Corporation?

Upson Electric Membership Corporation is dedicated to delivering top-tier electric service to all those who seek it, within its operational area. It prioritizes affordability, ensuring costs remain reasonable while maintaining service standards of the highest caliber. The corporation's primary focus is on providing the best possible electric service to cater to the varying needs of its customer base.


Official website here: www.upsonemc.com

Who is the CEO of Upson Electric Membership Corporation?

Neal Trice is the Chairman of Upson Electric Membership Corporation.


Official website here: www.upsonemc.com

What is the revenue of Upson Electric Membership Corporation?

Upson Electric Membership Corporation's revenue in 2022 was $18,458,644.


Official website here: www.upsonemc.com

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

The average compensation at Upson Electric Membership Corporation during 2022 was $13,680. There are 27 employees at Upson Electric Membership Corporation.


Here are 8 key members and their salaries:


Rapheal Brumbeloe (Chairman)
  • Compensation: $10,300
  • Related: $0
  • Other: $0
Ronnie M Hendricks (Vice Chairma)
  • Compensation: $33,186
  • Related: $0
  • Other: $0
Lorenzo Wilder Sr (Sec./Treasur)
  • Compensation: $14,400
  • Related: $0
  • Other: $0
Ronald Vanhouten (Director)
  • Compensation: $20,381
  • Related: $0
  • Other: $0
Kenny Coggins (Director)
  • Compensation: $20,831
  • Related: $0
  • Other: $0
James Meeks (Director)
  • Compensation: $12,750
  • Related: $0
  • Other: $0
Greg Hobbs (Director)
  • Compensation: $975
  • Related: $0
  • Other: $0
Neal Trice (President &)
  • Compensation: $200,352
  • Related: $0
  • Other: $56,176


Official website here: www.upsonemc.com

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

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


Official website here: www.upsonemc.com

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

Mission Statement of Upson Electric Membership Corporation

Upson Electric Membership Corporation, a dedicated provider of electric services, is committed to delivering the highest standard of electricity to all who seek it within its operational boundaries, at a reasonable cost. Neal Trice leads this organization with a vision to ensure that every consumer receives reliable and efficient power, enhancing their daily lives.

Upson Electric Membership Corporation's mission is geared towards satisfying the electricity needs of its customer base while upholding reasonable costs. The organization takes pride in its unwavering dedication to providing top-notch electric services, ensuring a consistent power supply for homes and businesses within its jurisdiction. By maintaining a focus on quality and affordability, Upson Electric Membership Corporation aims to earn the trust and loyalty of its consumers.

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Impact




October, 2024

Upson Electric Membership Corporation plays a crucial role in delivering reliable electric service to the residents of Thomaston, GA, and its surrounding areas. By focusing on providing the best possible electric service at a reasonable cost, Upson Electric ensures that all customers have access to essential electricity, which is vital for everyday living and economic activities. The commitment to maintaining high service standards helps foster a sense of community trust and satisfaction. Under the leadership of Neal Trice, the organization actively works to enhance the infrastructure needed for effective energy distribution, contributing significantly to the quality of life and economic stability in the region.




This information is meant to be a general summary of Upson 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
$18,458,644 (2022)
Expenses
$18,458,644 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $145,542
  • Program Service Revenue: $18,303,806
  • Gross Receipts: $18,458,644

Assets and Liabilities:

  • Total Assets: $38,778,006
  • Total Liabilities: $13,283,420
  • Net Assets: $25,494,586

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Programs

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

ELECTRIC REVENUE

Revenue

$17,725,683

OTHER CAPITAL CREDITS

Revenue

$340,055

POLE RENTAL

Revenue

$238,068

Organization Details

Founding Year

1937

Principal Officer

Neal Trice

Main Address

PO BOX 31, THOMASTON, GA, 302860001

NTEE Category

Code: W80 - Public benefit

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