Overview
What is Escambia River Electric Coop Inc?
Escambia River Electric Coop Inc, a nonprofit organization based in Jay, Florida, serves the residents of northern Escambia County and Santa Rosa County. They operate with a workforce of 80 employees, delivering dependable electric service at competitive rates through 1,774 miles of electric distribution lines. In addition to power, they also provide water service to the community. The cooperative aims to meet the energy needs of its residential, commercial, and industrial members in Northwest Florida, supplying a substantial amount of 208,801,864 Kilowatt Hours of electric energy yearly.
Official website here: www.erec.com
What are the reviews and ratings of this charity?
Escambia River Electric Cooperative Inc is not currently rated by Charity Navigator. The organization cannot be evaluated on major criteria such as Accountability & Finance, Impact & Measurement, Leadership & Adaptability, or Culture & Community because it is not a 501(c)(3) IRS registered nonprofit. Consequently, it does not meet the typical eligibility criteria for a Charity Navigator rating.
While the lack of a rating does not imply a negative assessment, it means that potential donors or interested parties do not have detailed evaluative metrics readily available through Charity Navigator. This does not reflect the efficiency or effectiveness of Escambia River Electric Cooperative's operations; rather, it underscores regulatory and classification differences preventing a standard evaluation.
There are no user reviews available for Escambia River Electric Cooperative Inc on GreatNonprofits. This absence of user feedback means there are no insights from direct experiences with the organization, which might have offered a complementary perspective to formal ratings.
This AI summary has been generated from information found on Charity Navigator.
Is Escambia River Electric Coop Inc legitimate?
Escambia River Electric Coop Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Escambia River Electric Coop Inc 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: $600,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.erec.com
What is the mission statement of Escambia River Electric Coop Inc?
Escambia River Electric Coop Inc is dedicated to delivering reliable electric service to the residents of northern Florida at competitive rates. In addition to electric services, the cooperative also provides water to the community in the same region. The organization utilizes an extensive electric distribution network to meet the energy demands of its residential, commercial, and industrial members, supplying them with a total of 208 million Kilowatt Hours in a year. By focusing on dependability and affordability, Escambia River Electric Cooperative aims to contribute significantly to the well-being of the communities it serves.
Official website here: www.erec.com
Who is the CEO of Escambia River Electric Coop Inc?
Ryan C Campbell is the Trustee- President of Escambia River Electric Coop Inc. The CEO's salary of Escambia River Electric Coop Inc is $182,011 and their total compensation is $243,439.
Official website here: www.erec.com
What is the revenue of Escambia River Electric Coop Inc?
Escambia River Electric Coop Inc's revenue in 2022 was $31,915,839.
Official website here: www.erec.com
Who are the executives of Escambia River Electric Coop Inc and what are their salaries?
The average compensation at Escambia River Electric Coop Inc during 2022 was $7,501. There are 80 employees at Escambia River Electric Coop Inc.
Here are 13 key members and their salaries (Escambia River Electric Coop Inc's CEO's salary is $182,011 and their total compensation is $243,439):
- Compensation: $3,450
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,650
- Related: $0
- Other: $0
- Compensation: $3,700
- Related: $0
- Other: $0
- Compensation: $3,700
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $3,700
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $4,250
- Related: $0
- Other: $0
- Compensation: $3,950
- Related: $0
- Other: $0
- Compensation: $102,263
- Related: $0
- Other: $51,264
- Compensation: $182,011
- Related: $0
- Other: $61,428
- Compensation: $118,895
- Related: $0
- Other: $46,219
Official website here: www.erec.com
Where can I find the form 990 for Escambia River Electric Coop Inc?
Escambia River Electric Coop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.erec.com
Learn more at the official website: www.erec.com
Mission Statement of Escambia River Electric Coop Inc
Escambia River Electric Cooperative, a dedicated organization based on a mission to deliver, ensures the residents of northern Escambia County and Santa Rosa County Florida access to reliable electric power at competitive rates. Beyond providing electricity, this cooperative extends its reach by offering water services to the community in question.
The team at Escambia River Electric Cooperative boasts an extensive electric distribution network, spanning 1774 miles. This infrastructure has enabled the organization to distribute a significant 208,801,864 Kilowatt Hours of electric energy to its diverse membership base, encompassing residential, commercial, and industrial sectors in Northwest Florida. The cooperative's commitment to affordability and reliability underpins its long-standing legacy in the region.
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Impact
October, 2024
Escambia River Electric Cooperative, Inc. plays a vital role in the lives of residents in northern Escambia County and Santa Rosa County, Florida, by providing reliable electric service and access to water. With an extensive network of 1,774 miles of electric distribution lines, the co-op delivered over 208 million kilowatt-hours of energy, ensuring that homes, businesses, and industries have the power they need to thrive.
By focusing on competitive rates, Escambia River Electric Cooperative makes energy affordable and accessible for its members, contributing to the region's economic vitality. The cooperative's commitment to dependable service fosters community well-being and stability, allowing residents to enjoy modern conveniences without the stress of unreliable power sources.
Additionally, the provision of water service further enhances the quality of life in the area, making Escambia River Electric Cooperative an integral part of the community infrastructure. Its efforts not only support daily living but also contribute to the overall public benefit, ensuring that the needs of the community are met effectively.
This information is meant to be a general summary of Escambia River Electric Coop Inc. 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: $53,896
- Program Service Revenue: $31,512,621
- Gross Receipts: $31,915,839
Assets and Liabilities:
- Total Assets: $79,007,740
- Total Liabilities: $42,847,214
- Net Assets: $36,160,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Electricity
Revenue
$30,269,468
Water Sales
Revenue
$826,253
Patronage Capital
Revenue
$416,900
Organization Details
Founding Year
1939
Phone
(850) 675-4521Principal Officer
Ryan C Campbell
Main Address
PO Box 428, Jay, FL, 32565
Website
www.erec.comNTEE Category
Code: W80 - Public benefit
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