Overview
What is Fleming-Mason Energy Cooperative Inc?
Fleming-Mason Energy Cooperative Inc, located at 1449 Elizaville Road, Flemingsburg, Kentucky, is a nonprofit electric cooperative serving approximately 25,500 member-owners monthly. Their mission revolves around providing electric services on a patronage basis to this community. With a team of 51 employees, they ensure the delivery of reliable electricity to residents in the area.
Is Fleming-Mason Energy Cooperative Inc legitimate?
Fleming-Mason Energy Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fleming-Mason Energy Cooperative 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: $257,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,093,711
For more financial information, click here
What is the mission statement of Fleming-Mason Energy Cooperative Inc?
Fleming-Mason Energy Cooperative Inc is dedicated to delivering electric service to its member-owners on a patronage basis. They aim to serve an average of approximately 25,475 consumers monthly. Their mission is focused on providing essential electricity to a community of members, ensuring a reliable energy source for daily life and various needs. By operating on a patronage basis, the cooperative fosters a sense of ownership and shared responsibility among its members. Commitment to excellent customer service and reliable electricity supply is at the core of Fleming-Mason Energy Cooperative Inc's mission.
Who is the CEO of Fleming-Mason Energy Cooperative Inc?
Brandon Hunt is the Chairman of Fleming-Mason Energy Cooperative Inc. The CEO's salary of Fleming-Mason Energy Cooperative Inc is $138,599 and their total compensation is $189,229.
What is the revenue of Fleming-Mason Energy Cooperative Inc?
Fleming-Mason Energy Cooperative Inc's revenue in 2022 was $98,170,225.
Who are the executives of Fleming-Mason Energy Cooperative Inc and what are their salaries?
The average compensation at Fleming-Mason Energy Cooperative Inc during 2022 was $85,309. There are 51 employees at Fleming-Mason Energy Cooperative Inc.
Here are 8 key members and their salaries (Fleming-Mason Energy Cooperative Inc's CEO's salary is $138,599 and their total compensation is $189,229):
- Compensation: $17,206
- Related: $0
- Other: $0
- Compensation: $16,206
- Related: $0
- Other: $0
- Compensation: $17,206
- Related: $0
- Other: $0
- Compensation: $16,206
- Related: $0
- Other: $0
- Compensation: $19,206
- Related: $0
- Other: $0
- Compensation: $16,206
- Related: $0
- Other: $0
- Compensation: $16,206
- Related: $0
- Other: $0
- Compensation: $138,599
- Related: $0
- Other: $50,630
Where can I find the form 990 for Fleming-Mason Energy Cooperative Inc?
Fleming-Mason Energy Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fleming-Mason Energy Cooperative Inc
Fleming-Mason Energy Cooperative Inc is a mission-driven organization that focuses on providing electric service to its member owners on a patronage basis. With an average consumer base of approximately 25,475 individuals monthly, this cooperative ensures that each household receives reliable and efficient power supply.
At the heart of Fleming-Mason Energy Cooperative Inc's operations is a commitment to meet the electric needs of its member owners. By operating on a patronage basis, the cooperative fosters a sense of community and shared responsibility among its members. In doing so, it strives to go above and beyond, delivering more than just electricity.
Fleming-Mason Energy Cooperative Inc's dedication to its members extends beyond the provision of basic electric service. It is a collaborative effort aimed at ensuring the well-being of the communities it serves. Through its operations, the cooperative seeks to promote a sustainable energy future and contribute to the overall development of its members.
As a responsible energy provider, Fleming-Mason Energy Cooperative Inc stays committed to maintaining a high standard of service and keeping up with the latest advancements in the energy sector. By providing electric service to its member owners on a patronage basis and serving an average of approximately 25,475 consumers monthly, the cooperative continues to strengthen its role as a trusted partner in the lives of its members.
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Impact
October, 2024
Fleming-Mason Energy Cooperative Inc plays a crucial role in providing reliable electric service to its member owners, serving an average of approximately 25,475 consumers monthly. Located in Flemingsburg, Kentucky, the cooperative focuses on delivering energy on a patronage basis, ensuring that its members receive fair and equitable access to electricity. By prioritizing community engagement and member interests, Fleming-Mason Energy Cooperative fosters local development and enhances the quality of life for its consumers, contributing to the overall strength of the community it serves. Its commitment to public benefit directly supports economic stability and sustainability in the region.
This information is meant to be a general summary of Fleming-Mason Energy Cooperative 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: $46,119
- Program Service Revenue: $94,358,603
- Gross Receipts: $98,170,225
Assets and Liabilities:
- Total Assets: $148,749,248
- Total Liabilities: $70,744,158
- Net Assets: $78,005,090
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SERVICE
Revenue
$94,358,603
Organization Details
Founding Year
1938
Phone
(606) 845-2661Principal Officer
Brandon Hunt
Main Address
1449 ELIZAVILLE ROAD, FLEMINGSBURG, KY, 41041
NTEE Category
Code: W80 - Public benefit
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