Overview
What is Gibson Electric Membership?
Gibson Electric Membership, based in Trenton, Tennessee, is a cooperative electric utility serving over 39,000 meters in 12 counties of Northwest Tennessee and Southwest Kentucky. This nonprofit organization, owned by its members, not only provides electricity but also offers fiber services through its subsidiary, Gibson Connect. With a workforce of 149 employees, they maintain 3,546 miles of electric lines and an extensive fiber network of 3,120 miles, catering to 14,482 customers. The cooperative's mission is to deliver essential energy and advanced fiber services to its members in the region.
Official website here: www.gibsonemc.com
What do the Facebook reviews say about Gibson Electric Membership?
84% of 69 reviewers on Facebook recommend Gibson Electric Membership. Here's a summary of their thoughts:
Many people express appreciation for the assistance provided by the nonprofit, highlighting the caring nature of the staff. A long-term connection to the organization seems to enhance the trust and satisfaction users feel, as several reviewers mention having known its members for a significant period.
In general, the sentiment leans positive, with users acknowledging the value of the services offered and the dedication of the team. Overall, it appears that Gibson Electric Membership has built a strong rapport with its community, delivering reliable support to those in need.
This AI summary has been generated from reviews found on Facebook.
Is Gibson Electric Membership legitimate?
Gibson Electric Membership is a legitimate nonprofit organization registered as a 501(c)(12) entity. Gibson Electric Membership 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,060,061
For more financial information, click here
Official website here: www.gibsonemc.com
What is the mission statement of Gibson Electric Membership?
Gibson Electric Membership is a cooperative powered by its member-owners, providing essential energy and fiber services across a 12-county area in Northwest Tennessee and Southwest Kentucky. With a robust network of electricity lines covering 3,546 miles and serving 39,315 meters, and a fiber subsidiary, Gibson Connect, boasting 3,120 fiber miles and 14,482 customers, the cooperative ensures reliable connectivity and power solutions for its community. The organization is committed to serving Crockett, Dyer, Gibson, Haywood, Lake, Lauderdale, Madison, and Obion counties in Tennessee and Carlisle, Fulton, Graves, and Hickman counties in Kentucky. By focusing on member service and expansion, Gibson Electric Membership continues to empower its region with vital infrastructure and connections.
Official website here: www.gibsonemc.com
Who is the CEO of Gibson Electric Membership?
Dan Rodamaker is the Chairman of Gibson Electric Membership. The CEO's salary of Gibson Electric Membership is $864,702 and their total compensation is $974,589.
Official website here: www.gibsonemc.com
What is the revenue of Gibson Electric Membership?
Gibson Electric Membership's revenue in 2022 was $121,430,242.
Official website here: www.gibsonemc.com
Who are the executives of Gibson Electric Membership and what are their salaries?
The average compensation at Gibson Electric Membership during 2022 was $47,383. There are 149 employees at Gibson Electric Membership.
Here are 23 key members and their salaries (Gibson Electric Membership's CEO's salary is $864,702 and their total compensation is $974,589):
- Compensation: $9,300
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $4,800
- Compensation: $8,600
- Related: $0
- Other: $0
- Compensation: $11,900
- Related: $0
- Other: $0
- Compensation: $9,900
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
- Compensation: $8,800
- Related: $0
- Other: $0
- Compensation: $14,000
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $6,200
- Compensation: $11,800
- Related: $0
- Other: $0
- Compensation: $864,702
- Related: $0
- Other: $109,887
- Compensation: $214,909
- Related: $0
- Other: $113,190
- Compensation: $211,547
- Related: $0
- Other: $109,593
- Compensation: $160,482
- Related: $0
- Other: $47,982
- Compensation: $171,911
- Related: $0
- Other: $85,458
- Compensation: $126,078
- Related: $0
- Other: $57,909
- Compensation: $140,861
- Related: $0
- Other: $57,280
- Compensation: $118,458
- Related: $0
- Other: $22,085
- Compensation: $117,701
- Related: $0
- Other: $53,852
- Compensation: $116,316
- Related: $0
- Other: $30,379
- Compensation: $112,549
- Related: $0
- Other: $35,499
Official website here: www.gibsonemc.com
Where can I find the form 990 for Gibson Electric Membership?
Gibson Electric Membership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gibsonemc.com
Learn more at the official website: www.gibsonemc.com
Mission Statement of Gibson Electric Membership
Gibson Electric Membership, or GIBSON EMC, is a cooperative electric utility company owned by its members. Situated in a 12-county service area spanning Northwest Tennessee and Southwest Kentucky, this cooperative provides both energy and fiber services to its community.
GIBSON EMC is dedicated to powering the lives of its members by delivering reliable electric power through its extensive network of lines. With 3,546 miles of electric lines and 39,315 meters, the company connects various communities, enhancing the quality of life for its customers.
Gibson Connect, the wholly-owned subsidiary of GIBSON EMC, extends its services further by providing fiber services to a vast array of customers within the cooperative's jurisdiction. Covering 3,120 miles of fiber lines and serving 14,482 customers, Gibson Connect ensures that its community members have access to high-speed connectivity, making a difference in their daily lives. Together, these entities continue to serve their members with unwavering commitment and dedication.
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Impact
October, 2024
Gibson Electric Membership plays a crucial role in providing reliable energy and fiber services to communities across a 12-county area in northwest Tennessee and southwest Kentucky. With 3,546 miles of electric line and a network of 39,315 meters, it ensures that residents have access to essential electricity services.
Through its wholly-owned subsidiary, Gibson Connect, the cooperative also expands its impact by offering fiber internet services, featuring 3,120 miles of fiber lines and serving 14,482 customers. This dual focus on energy and high-speed internet fosters community connectivity and enhances quality of life.
With multiple member service centers strategically located in the service area, Gibson Electric Membership prioritizes accessibility and customer service. By being community-owned, it directly responds to the needs of its members, driving local economic growth, promoting sustainability, and supporting initiatives that benefit public welfare across the region.
This information is meant to be a general summary of Gibson Electric Membership. 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: $150,226
- Program Service Revenue: $120,331,226
- Gross Receipts: $121,430,242
Assets and Liabilities:
- Total Assets: $228,662,408
- Total Liabilities: $107,543,037
- Net Assets: $121,119,371
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$120,331,226
Organization Details
Founding Year
1936
Phone
(731) 855-4740Principal Officer
Dan Rodamaker
Main Address
1207 S COLLEGE ST, TRENTON, TN, 38382
Website
www.gibsonemc.comNTEE Category
Code: W80 - Public benefit
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