Overview
What is Appalachian Electric Cooperative?
Appalachian Electric Cooperative is a nonprofit organization dedicated to delivering electricity to its member-owners in an undisclosed location. The cooperative's primary objective is to ensure a consistent electricity supply to the communities it serves. Despite the limited information provided, the cooperative's focus on distribution and commitment to its members indicates a mission to provide essential services and improve the quality of life within its reach.
Is Appalachian Electric Cooperative legitimate?
Appalachian Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Appalachian Electric 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: $509,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,892,920
For more financial information, click here
What is the mission statement of Appalachian Electric Cooperative?
Appalachian Electric Cooperative is dedicated to providing electricity to its member-owners. Their primary mission revolves around ensuring a steady power supply for the communities they serve. By focusing on distribution, they contribute to enhancing the quality of life for those in their network. The cooperative's commitment goes beyond just electricity, as they aim to foster strong connections with their members and maintain a reliable and efficient power infrastructure. Through their consistent efforts, they strive to improve the overall living conditions and economic prospects of the communities they engage with.
Who is the CEO of Appalachian Electric Cooperative?
Josh Compton is the President of Appalachian Electric Cooperative.
What is the revenue of Appalachian Electric Cooperative?
Appalachian Electric Cooperative's revenue in 2023 was $126,269,477.
Who are the executives of Appalachian Electric Cooperative and what are their salaries?
The average compensation at Appalachian Electric Cooperative during 2023 was $60,675. There are 122 employees at Appalachian Electric Cooperative.
Here are 16 key members and their salaries:
- Compensation: $19,877
- Related: $0
- Other: $0
- Compensation: $14,773
- Related: $0
- Other: $0
- Compensation: $17,614
- Related: $0
- Other: $0
- Compensation: $15,364
- Related: $0
- Other: $0
- Compensation: $15,744
- Related: $0
- Other: $0
- Compensation: $15,354
- Related: $0
- Other: $0
- Compensation: $14,474
- Related: $0
- Other: $0
- Compensation: $15,704
- Related: $0
- Other: $0
- Compensation: $15,504
- Related: $0
- Other: $0
- Compensation: $203,083
- Related: $0
- Other: $0
- Compensation: $150,167
- Related: $0
- Other: $0
- Compensation: $156,211
- Related: $0
- Other: $0
- Compensation: $124,530
- Related: $0
- Other: $0
- Compensation: $142,080
- Related: $0
- Other: $0
- Compensation: $127,183
- Related: $0
- Other: $0
- Compensation: $131,288
- Related: $0
- Other: $0
Where can I find the form 990 for Appalachian Electric Cooperative?
Appalachian Electric Cooperative's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Appalachian Electric Cooperative
Appalachian Electric Cooperative, a vital organization, dedicates itself to the distribution of electricity to its member-owners. The mission of this cooperative is to ensure that electricity reaches those in need, powering homes and communities with reliability and efficiency. By providing this essential resource, Appalachian Electric Cooperative plays a significant role in enhancing the quality of life for its members.
Appalachian Electric Cooperative takes pride in its commitment to its members, going beyond the simple task of electricity distribution. The cooperative is more than just a utility company; it is a community partner, dedicated to improving the lives of those it serves. Through its unwavering dedication, it fosters progress and growth in the areas it touches. By supplying electricity, Appalachian Electric Cooperative empowers its members to thrive in their daily lives, powering their homes, businesses, and communities.
The cooperative's mission extends beyond the mere technical aspect of electricity distribution. It is an ongoing commitment to building strong, lasting relationships with its member-owners. By putting its members first, Appalachian Electric Cooperative fosters a sense of trust and loyalty that is essential for a successful partnership. Through its unwavering focus on excellence and reliability, the cooperative ensures that it is always there when its members need it most.
In summary, Appalachian Electric Cooperative is more than just a utility company. It is a dedicated partner, committed to delivering electricity to its member-owners with reliability and efficiency. By prioritizing its members and focusing on building strong relationships, the cooperative fosters progress and growth in the communities it serves.
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Impact
October, 2024
Appalachian Electric Cooperative plays a crucial role in providing reliable electricity to its member-owners in New Market, Tennessee. By focusing on the distribution of electricity, it ensures that local communities have access to essential energy services that support both residential and commercial needs. This cooperative model fosters a sense of community ownership and engagement, as members have a stake in the operations and decision-making processes.
The cooperative's mission centers on delivering public benefit, which means prioritizing the needs and welfare of its members over profit. This approach leads to initiatives that support energy efficiency, promote sustainable practices, and enhance the overall quality of life in the region. By investing in infrastructure and local projects, Appalachian Electric Cooperative helps stimulate economic growth while ensuring that energy resources are utilized responsibly and equitably within the community.
Through its commitment to reliable service and member involvement, Appalachian Electric Cooperative significantly contributes to the social and economic fabric of New Market and the surrounding areas. Its efforts enhance community resilience and support the long-term sustainability of energy for all its members.
This information is meant to be a general summary of Appalachian Electric 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 2023.
- Investment Income: $540,029
- Program Service Revenue: $119,623,655
- Gross Receipts: $126,269,477
Assets and Liabilities:
- Total Assets: $279,058,188
- Total Liabilities: $155,877,470
- Net Assets: $123,180,718
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Electricty
Revenue
$118,244,118
Service Charges
Revenue
$1,379,537
Organization Details
Phone
(865) 475-2032Principal Officer
Josh Compton
Main Address
PO Box 400, New Market, TN, 37820
NTEE Category
Code: W80 - Public benefit
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