Overview
What is Holston Electric Cooperative Inc?
Holston Electric Cooperative Inc, a customer-owned utility based in Rogersville, Tennessee, serves over 32,000 residents, businesses, and industries in Hawkins and Hamblen Counties. As a distributor of TVA power, it is committed to providing safe and dependable electric services to its member-owners, ensuring reasonable costs. With a team of 95 employees, the cooperative's mission remains focused on maintaining the electrical infrastructure and ensuring the well-being of its community.
Official website here: www.holstonelectric.com
Is Holston Electric Cooperative Inc legitimate?
Holston Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Holston Electric 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $698,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Holston Electric Cooperative Inc?
Holston Electric Cooperative is dedicated to delivering safe and reliable electric service to its member-owners at an affordable price. The cooperative's primary mission is to ensure a consistent power supply to its over 32,000 residential, commercial, and industrial customers. Situated in East Tennessee, Holston Electric Cooperative functions as a customer-owned intermediary, distributing TVA power to its community. By staying committed to this mission, the cooperative fosters trust and satisfaction among its members.
Official website here: www.holstonelectric.com
Who is the CEO of Holston Electric Cooperative Inc?
Jeff Ringley is the Director of Holston Electric Cooperative Inc.
Official website here: www.holstonelectric.com
What is the revenue of Holston Electric Cooperative Inc?
Holston Electric Cooperative Inc's revenue in 2023 was $103,748,257.
Official website here: www.holstonelectric.com
Who are the executives of Holston Electric Cooperative Inc and what are their salaries?
The average compensation at Holston Electric Cooperative Inc during 2023 was $7,357. There are 95 employees at Holston Electric Cooperative Inc.
Here are 14 key members and their salaries:
- James B Sandlin (General Manager)
- James M Collier (Director Of Operations)
- Arthur Davenport (Director Of Operations)
- Nathan Franklin (Director Of Engineering)
- Shannon Bellamy (Director Of Finance And Hu)
- Thomas Powell (Director Of Broadband Oper)
- Chris Couch (Foreman)
- Phil Barrett (Director/Vice President)
- Mark Derrick (Director/ Secretary/Treasurer)
- David Marshall (Director)
- Crystal Price (Director)
- Jeff Ringley (Director/President)
- Gordell Ely (Director)
- Jerry Horner (Director)
Official website here: www.holstonelectric.com
Where can I find the form 990 for Holston Electric Cooperative Inc?
The Holston Electric Cooperative Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.holstonelectric.com
Learn more at the official website: www.holstonelectric.com
Mission Statement of Holston Electric Cooperative Inc
Holston Electric Cooperative, a customer-owned electric utility, is dedicated to delivering safe and reliable power to its member-owners at a reasonable cost. The cooperative's primary objective is to ensure the well-being of its community by providing them with uninterrupted electric service. With a mission deeply rooted in community service, Holston Electric Cooperative proudly serves over 32,000 residential, commercial, and industrial customers in an expansive 525 square-mile area.
As a customer-owned cooperative, Holston Electric Cooperative distinguishes itself from other utility providers. It is committed to putting the interests of its members first, offering personalized services and competitive pricing. By focusing on the needs of its customers, Holston Electric Cooperative has established a strong reputation for reliability and affordability in the electric power industry.
In pursuing its mission, Holston Electric Cooperative prioritizes the safety of its members and the community. It ensures that all electrical infrastructure is maintained to the highest standards, providing a robust and resilient power grid. The cooperative's dedication to safety extends beyond its electrical systems, with a commitment to continuing education and training for its employees. Through regular inspections, upgrades, and maintenance, Holston Electric Cooperative continuously strives to enhance the overall quality of its services.
Impact
This information is meant to be a general summary of Holston Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Holston Electric Cooperative Inc's impact is providing safe, dependable electric service to over 32,000 residential, commercial, and industrial customers in a 525 square-mile area of Hawkins and Hamblen Counties in upper East Tennessee. Through its customer-owned distribution of TVA power, the cooperative ensures that member-owners have access to reliable electricity at a reasonable cost. This not only supports the local economy and community but also contributes to the quality of life and well-being of its members.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Electricity
Revenue
$86,316,013
Other Utility Revenue
Revenue
$14,823,242
Organization Details
Founding Year
1940
Phone
(423) 272-8821
Principal Officer
Jeff Ringley
Main Address
1200 West Main Street, Rogersville, TN, 37857
Website
www.holstonelectric.com
NTEE Category
Code: W80 - Public benefit
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