Overview
What is Shelby Energy Cooperative?
Shelby Energy Cooperative is a nonprofit organization located in Shelbyville, Kentucky, with an address at 620 Old Finchville Road. They specialize in providing electric service to approximately 17,450 member owners on a patronage basis. With a team of 46 employees, their mission is centered around delivering electric services to the community. This cooperative is dedicated to ensuring access to electricity for its members, serving a significant number of consumers monthly.
Official website here: www.shelbyenergy.com
What do the Facebook reviews say about Shelby Energy Cooperative?
90% of reviewers recommend Shelby Energy Cooperative based on their experiences. Here’s a summary of what they have shared:
Many users express satisfaction with the promptness and professionalism of the service provided. One review highlighted how quickly the lineman restored power after their transformer was struck by lightning, emphasizing both the excellent service and friendliness of the staff. Such positive interactions appear to contribute significantly to the cooperative's good reputation.
Overall, it seems that Shelby Energy Cooperative successfully delivers reliable service and maintains a friendly tone, which resonates well with its members. The cooperative appears committed to ensuring customer satisfaction during emergencies.
This AI summary has been generated from reviews found on Facebook.
Is Shelby Energy Cooperative legitimate?
Shelby Energy Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Shelby Energy Cooperative 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: $311,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,038,348
For more financial information, click here
Official website here: www.shelbyenergy.com
What is the mission statement of Shelby Energy Cooperative?
Shelby Energy Cooperative is dedicated to delivering electric service to its member-owners on a patronage basis. With a customer base exceeding 17,450 consumers monthly, the cooperative prioritizes providing reliable and consistent electric service to its community. By operating on a patronage basis, Shelby Energy Cooperative fosters a sense of ownership and shared responsibility among its members. The cooperative's mission is to ensure that each member receives the electric service they need, contributing to the overall well-being and progress of the community.
Official website here: www.shelbyenergy.com
Who is the CEO of Shelby Energy Cooperative?
Same As Above is the Principal Officer of Shelby Energy Cooperative. The CEO's salary of Shelby Energy Cooperative is $215,286 and their total compensation is $219,132.
Official website here: www.shelbyenergy.com
What is the revenue of Shelby Energy Cooperative?
Shelby Energy Cooperative's revenue in 2022 was $57,952,933.
Official website here: www.shelbyenergy.com
Who are the executives of Shelby Energy Cooperative and what are their salaries?
The average compensation at Shelby Energy Cooperative during 2022 was $51,084. There are 46 employees at Shelby Energy Cooperative.
Here are 12 key members and their salaries (Shelby Energy Cooperative's CEO's salary is $215,286 and their total compensation is $219,132):
- Compensation: $16,630
- Related: $0
- Other: $0
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $15,800
- Related: $0
- Other: $0
- Compensation: $16,580
- Related: $0
- Other: $0
- Compensation: $15,800
- Related: $0
- Other: $0
- Compensation: $15,800
- Related: $0
- Other: $0
- Compensation: $215,286
- Related: $0
- Other: $3,846
- Compensation: $132,780
- Related: $0
- Other: $54,853
- Compensation: $134,948
- Related: $0
- Other: $32,176
- Compensation: $112,385
- Related: $0
- Other: $36,552
- Compensation: $118,749
- Related: $0
- Other: $38,113
- Compensation: $125,250
- Related: $0
- Other: $30,659
Official website here: www.shelbyenergy.com
Where can I find the form 990 for Shelby Energy Cooperative?
Shelby Energy Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shelbyenergy.com
Learn more at the official website: www.shelbyenergy.com
Mission Statement of Shelby Energy Cooperative
Shelby Energy Cooperative, a mission-driven organization, is dedicated to providing electric service to its member owners on a patronage basis. With a customer base of over 17,450 consumers monthly, the cooperative goes beyond just supplying electricity. It fosters a sense of community and shared ownership among its members.
At the heart of Shelby Energy Cooperative's operations lies its commitment to delivering electric service to its members. This commitment extends beyond the mere provision of electricity; it is underpinned by a patronage basis. This model ensures that members have a voice in the organization's decision-making process and a share in its profits. By putting its members first, Shelby Energy Cooperative builds strong relationships and trust within its community.
Shelby Energy Cooperative's electric service is a vital resource that powers the daily lives of its members. It enables them to maintain their homes, run their businesses, and connect with the world. The cooperative's unwavering dedication to providing reliable and efficient electric service is a testament to its commitment to enhancing the quality of life for its members.
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Impact
October, 2024
Shelby Energy Cooperative plays a vital role in the community by delivering reliable electric service to over 17,450 consumers each month in Shelbyville, KY. By operating on a patronage basis, the cooperative ensures that member owners benefit directly from their participation, fostering a sense of ownership and connection. The cooperative’s commitment to providing quality service not only supports the daily needs of its members but also contributes to the overall economic and social well-being of the region, enhancing the quality of life for residents through dependable electricity access.
This information is meant to be a general summary of Shelby Energy Cooperative. 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: $41,665
- Program Service Revenue: $54,999,614
- Gross Receipts: $57,952,933
Assets and Liabilities:
- Total Assets: $137,224,148
- Total Liabilities: $81,753,136
- Net Assets: $55,471,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SERVICE
Revenue
$54,999,614
Organization Details
Founding Year
1937
Phone
(502) 633-4420Principal Officer
Same As Above
Main Address
620 OLD FINCHVILLE ROAD, SHELBYVILLE, KY, 40065
Website
www.shelbyenergy.comNTEE Category
Code: W80 - Public benefit
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