Overview
What is Georgia Electric Membership Corporation?
Georgia Electric Membership Corporation, based in Tucker, GA, is a not-for-profit organization dedicated to fostering and advancing rural electrification in Georgia. The corporation, led by Dennis Chastain, serves its members through member-centric leadership, advocacy, education, and communication. Its mission is to provide a unified voice for Electric Membership Corporations (EMCS) in the state, promoting their interests and ensuring their prosperity. The corporation also collaborates with various agencies to disseminate information, provide services, and stimulate local growth, ultimately strengthening the electric cooperative program in Georgia. By offering these initiatives, the Georgia Electric Membership Corporation strives to provide electric energy to inhabitants of member service areas at the most affordable cost possible.
Is Georgia Electric Membership Corporation legitimate?
Georgia Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Georgia 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: $634,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,510,867
For more financial information, click here
What is the mission statement of Georgia Electric Membership Corporation?
The Georgia Electric Membership Corporation is a not-for-profit organization established to promote the electrification program in Georgia. Its primary goal is to enhance the welfare of its members and ensure the safety, stability, and prosperity of electric cooperatives. The corporation aims to cooperate with government agencies to further rural electrification and development, and provides services and informational programs to stimulate local growth and strengthen the electric cooperative program. Further, it works towards providing electric energy to inhabitants at the most affordable cost. The corporation also fosters, develops, and encourages the rural electrification program and disseminates related information, while aiding in solving common issues for electric cooperatives.
What is the revenue of Georgia Electric Membership Corporation?
Georgia Electric Membership Corporation's revenue in 2023 was $16,976,309.
Who are the executives of Georgia Electric Membership Corporation and what are their salaries?
The average compensation at Georgia Electric Membership Corporation during 2023 was $142,921. There are 43 employees at Georgia Electric Membership Corporation.
Here are 53 key members and their salaries:
- Compensation: $441,927
- Related: $0
- Other: $91,707
- Compensation: $402,125
- Related: $0
- Other: $62,142
- Compensation: $356,568
- Related: $0
- Other: $80,609
- Compensation: $265,399
- Related: $0
- Other: $43,070
- Compensation: $238,396
- Related: $0
- Other: $69,894
- Compensation: $240,748
- Related: $0
- Other: $65,865
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,300
- Related: $0
- Other: $0
- Compensation: $3,100
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Georgia Electric Membership Corporation?
Georgia Electric Membership Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Georgia Electric Membership Corporation
Georgia Electric Membership Corporation (GEMC), a not-for-profit organization, is dedicated to fostering and developing rural electrification in the state of Georgia. Established with the mission to promote the interests of its members and strengthen electric cooperatives, GEMC further prioritizes safety, stability, security, and prosperity within these communities. By cooperating with various federal, state, and municipal agencies, GEMC actively contributes to the promotion of rural electrification and community development at the national and local levels.
In addition to advocacy efforts, GEMC focuses on providing services and informational programs that stimulate local growth and stability within member service areas. These initiatives aim to keep the cost of electric energy as low as possible for inhabitants while maintaining sound economic practices. The organization also disseminates relevant information related to rural electrification and electric cooperatives, and offers assistance to members in providing electric energy to their communities. Overall, GEMC's mission is to be a member-focused leader, advocating for and empowering electric cooperatives in Georgia.
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Impact
October, 2024
Georgia Electric Membership Corporation (GEMC) plays a pivotal role in enhancing the quality of life for rural communities in Georgia by advancing the rural electrification program. Through its member-focused leadership, GEMC advocates for the interests of electric cooperatives, ensuring that they have a unified voice in addressing shared challenges and opportunities.
The organization promotes safety, stability, and prosperity among electric cooperatives, which are vital for the communities they serve. By disseminating important information and collaborating with federal, state, and local agencies, GEMC supports initiatives that drive rural development and improve access to electricity. This approach not only stimulates local growth but also reinforces the cooperative program’s foundation.
Under the leadership of Dennis Chastain in Tucker, GA, GEMC is dedicated to providing educational resources and advocacy efforts that empower its members. This commitment allows electric cooperatives to deliver energy at the lowest possible cost while maintaining operational soundness, ultimately contributing to the broader welfare and prosperity of the communities they serve. Through these efforts, Georgia Electric Membership Corporation significantly impacts rural electrification, community development, and the overall stability of electric services in Georgia.
This information is meant to be a general summary of Georgia 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.
- Program Service Revenue: $16,976,309
- Gross Receipts: $16,976,309
Assets and Liabilities:
- Total Assets: $12,561,019
- Total Liabilities: $2,757,703
- Net Assets: $9,803,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$9,089,723
GA MAGAZ,DIRECTORY,NWSLTR
Revenue
$4,821,461
OTHER SERVICES
Revenue
$1,377,108
SAFETY
Revenue
$988,941
GA MAGAZINE ADS
Revenue
$699,076
Organization Details
Founding Year
1940
Principal Officer
Dennis Chastain
NTEE Category
Code: S40 - Community improvement
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