Taylor County Rural Electric Cooperative Corporation

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

EIN: 610359668 ✦ Campbellsville, KY ✦ Designated as a 501(c)(12)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Taylor County Rural Electric Cooperative Corporation?

The Taylor County Rural Electric Cooperative Corporation, located in Campbellsville, Kentucky, operates as a nonprofit organization with approximately 60 employees. Their primary mission is dedicated to selling and distributing electricity to a monthly average of around 27,557 consumers on a patronage basis. The cooperative strives to provide reliable electric services to the community.


Official website here: www.tcrecc.com

Is Taylor County Rural Electric Cooperative Corporation legitimate?

Taylor County Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Taylor County Rural Electric Cooperative 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: $317,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,035,162

For more financial information, click here


Official website here: www.tcrecc.com

What is the mission statement of Taylor County Rural Electric Cooperative Corporation?

The Taylor County Rural Electric Cooperative Corporation focuses on the distribution of electricity to an approximate monthly average of around 27,557 consumers. This cooperative operates on a patronage basis, meaning it is owned and controlled by its members. The corporation's primary mission is to provide reliable electric services to its consumer-members. Through this commitment, the cooperative aims to keep the communities it serves connected and powered. Additionally, it strives to ensure that electricity is accessible to its members, enhancing the overall quality of life within the communities.


Official website here: www.tcrecc.com

Who is the CEO of Taylor County Rural Electric Cooperative Corporation?

Jeffrey Williams is the Director of Taylor County Rural Electric Cooperative Corporation. The CEO's salary of Taylor County Rural Electric Cooperative Corporation is $129,196 and their total compensation is $149,367.


Official website here: www.tcrecc.com

What is the revenue of Taylor County Rural Electric Cooperative Corporation?

Taylor County Rural Electric Cooperative Corporation's revenue in 2022 was $62,598,372.


Official website here: www.tcrecc.com

Who are the executives of Taylor County Rural Electric Cooperative Corporation and what are their salaries?

The average compensation at Taylor County Rural Electric Cooperative Corporation during 2022 was $55,872. There are 60 employees at Taylor County Rural Electric Cooperative Corporation.


Here are 9 key members and their salaries (Taylor County Rural Electric Cooperative Corporation's CEO's salary is $129,196 and their total compensation is $149,367):


Donald Shuffett (Director)
  • Compensation: $46,133
  • Related: $0
  • Other: $0
Chad Taylor (President)
  • Compensation: $24,737
  • Related: $0
  • Other: $0
Chris Tucker (Vice-President)
  • Compensation: $27,288
  • Related: $0
  • Other: $0
Bradley Irvin (Treasurer)
  • Compensation: $22,788
  • Related: $0
  • Other: $0
Raymond Rucker (Director)
  • Compensation: $21,737
  • Related: $0
  • Other: $0
Greg Corbin (Director)
  • Compensation: $21,737
  • Related: $0
  • Other: $0
Mark Woodrum (Secretary)
  • Compensation: $23,537
  • Related: $0
  • Other: $0
Jeffrey Williams (Ceo)
  • Compensation: $129,196
  • Related: $0
  • Other: $20,171
Mike Skaggs (Eng & Operations Manager)
  • Compensation: $118,827
  • Related: $0
  • Other: $48,906


Official website here: www.tcrecc.com

Where can I find the form 990 for Taylor County Rural Electric Cooperative Corporation?

Taylor County Rural Electric Cooperative Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tcrecc.com

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

Mission Statement of Taylor County Rural Electric Cooperative Corporation

Taylor County Rural Electric Cooperative Corporation, a nonprofit organization, is dedicated to the distribution of electricity to an approximate monthly average of 27,557 consumers on a patronage basis. This mission is at the heart of the corporation's operations, focusing on providing essential electric services to a sizable community.

The corporation's commitment to its consumers is unwavering. It ensures a reliable flow of electricity, allowing homes and businesses to thrive and function effectively. By operating on a patronage basis, Taylor County Rural Electric Cooperative Corporation fosters a strong sense of community among its consumers. This unique business model empowers members to have a voice in the cooperative's decision-making process and share in its profits.

In essence, the organization serves as a vital energy partner to its consumers, ensuring their electric needs are met in a responsible and sustainable manner. Taylor County Rural Electric Cooperative Corporation's mission is to deliver electricity with the utmost care and dedication, fostering a strong community bond while providing a crucial service to its members.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Taylor County Rural Electric Cooperative Corporation significantly impacts the communities it serves by providing reliable electricity to an average of approximately 27,557 consumers monthly. Operating out of Campbellsville, Kentucky, the cooperative focuses on distributing electricity on a patronage basis, ensuring that its members receive not only essential services but also a share in the cooperative's successes. This model fosters a sense of community ownership and engagement, as members benefit from both competitive rates and potential refunds based on cooperative performance. By prioritizing public benefit, the organization plays a crucial role in enhancing local quality of life, supporting economic development, and ensuring energy accessibility for its consumers.




This information is meant to be a general summary of Taylor County Rural Electric Cooperative 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
$62,598,372 (2022)
Expenses
$62,598,372 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,469
  • Program Service Revenue: $60,432,862
  • Gross Receipts: $62,598,372

Assets and Liabilities:

  • Total Assets: $105,673,613
  • Total Liabilities: $39,243,179
  • Net Assets: $66,430,434

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1938

Principal Officer

Jeffrey Williams

Main Address

PO BOX 100, CAMPBELLSVILLE, KY, 42719

NTEE Category

Code: W80 - Public benefit

If you are a representative of Taylor County Rural Electric Cooperative Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.