Pickwick Electric Cooperative

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

EIN: 620325390 ✦ Selmer, TN ✦ Designated as a 501(c)(12)

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Overview

What is Pickwick Electric Cooperative?

The Pickwick Electric Cooperative is a nonprofit organization dedicated to delivering reasonably priced electricity to rural communities within the Tennessee Valley region. Through their mission, they ensure that residents in this area have access to affordable electrical services. The cooperative's primary goal is to maintain a stable and cost-effective energy supply for its consumers.


Official website here: www.pickwick-electric.com

Is Pickwick Electric Cooperative legitimate?

Pickwick Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pickwick 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: $910,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,763,510

For more financial information, click here


Official website here: www.pickwick-electric.com

What is the mission statement of Pickwick Electric Cooperative?

The Pickwick Electric Cooperative is dedicated to delivering affordable electric power to rural consumers residing in the Tennessee Valley region. Their mission is centered around ensuring access to reasonably priced electricity for the rural community. By prioritizing affordability, the cooperative aims to bridge the electricity access gap for individuals in this area. Through their unwavering commitment, they strive to improve the quality of life for rural residents by providing them with reliable and affordably priced electric power.


Official website here: www.pickwick-electric.com

Who is the CEO of Pickwick Electric Cooperative?

John Bowers is the President of Pickwick Electric Cooperative.


Official website here: www.pickwick-electric.com

What is the revenue of Pickwick Electric Cooperative?

Pickwick Electric Cooperative's revenue in 2023 was $51,978,999.


Official website here: www.pickwick-electric.com

Who are the executives of Pickwick Electric Cooperative and what are their salaries?

The average compensation at Pickwick Electric Cooperative during 2023 was $70,047. There are 81 employees at Pickwick Electric Cooperative.


Here are 15 key members and their salaries:


John Bowers (President)
  • Compensation: $195,021
  • Related: $0
  • Other: $73,837
Steve King (Vp Of Finance)
  • Compensation: $139,129
  • Related: $0
  • Other: $57,311
Keith Johnson (Vp Of Engineering)
  • Compensation: $136,261
  • Related: $0
  • Other: $50,819
Joseph Lawson (Vp Of Operations)
  • Compensation: $134,318
  • Related: $0
  • Other: $49,620
Jon Hughes (Vp Energy Delivery)
  • Compensation: $126,637
  • Related: $0
  • Other: $51,636
Brad Howell (Vp Human Resource)
  • Compensation: $116,872
  • Related: $0
  • Other: $45,958
John Roberts (Director)
  • Compensation: $11,400
  • Related: $0
  • Other: $0
Harold Finley (Vice Chairman)
  • Compensation: $10,200
  • Related: $0
  • Other: $0
Jerry Mitchell (Director)
  • Compensation: $9,800
  • Related: $0
  • Other: $0
Ronnie Fullwood (Chairman)
  • Compensation: $6,800
  • Related: $0
  • Other: $0
Dwayne Smith (Director)
  • Compensation: $6,400
  • Related: $0
  • Other: $0
Ray Allison (Treasurer)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Joe Presley (Director)
  • Compensation: $5,100
  • Related: $0
  • Other: $0
James A Martin (Secretary)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Billy Surratt (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0


Official website here: www.pickwick-electric.com

Where can I find the form 990 for Pickwick Electric Cooperative?

Pickwick Electric Cooperative's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pickwick-electric.com

Learn more at the official website: www.pickwick-electric.com

Mission Statement of Pickwick Electric Cooperative

Pickwick Electric Cooperative, a dedicated nonprofit organization, works tirelessly to ensure affordable electric power reaches rural consumers in the Tennessee valley region. The cooperative's primary objective is to provide reasonably priced electricity, making a significant difference in the lives of those living in rural areas. By prioritizing affordability, Pickwick Electric Cooperative strives to bridge the electricity access gap and improve the quality of life for its members. In doing so, the cooperative plays a vital role in empowering rural communities and fostering economic development. Through its unwavering commitment to affordability and accessibility, Pickwick Electric Cooperative continues to be a beacon of progress and opportunity for rural consumers in the Tennessee valley region.

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Impact




October, 2024

Pickwick Electric Cooperative plays a crucial role in enhancing the quality of life for rural consumers in the Tennessee Valley region. By delivering reasonably priced electricity, the cooperative ensures that communities have access to essential energy resources, which supports residential living, local businesses, and economic development. Its commitment to affordable power helps to alleviate financial burdens on families and contributes to the overall prosperity of the area.

Located in Selmer, TN, Pickwick Electric Cooperative impacts the daily lives of its members by providing reliable energy services that enable households to thrive. This support extends beyond just electricity provision; it facilitates educational opportunities, healthcare accessibility, and local job creation, fostering a vibrant community. By prioritizing the needs of the region's residents, Pickwick Electric Cooperative strengthens the social fabric and encourages sustainable growth in rural areas.




This information is meant to be a general summary of Pickwick 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.

Revenue
$51,978,999 (2023)
Expenses
$50,132,691 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $216,989
  • Program Service Revenue: $51,762,010
  • Gross Receipts: $51,978,999

Assets and Liabilities:

  • Total Assets: $93,115,013
  • Total Liabilities: $42,290,982
  • Net Assets: $50,824,031

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROVIDING ELECTRICITY

Revenue

$51,762,010

Organization Details

Founding Year

1935

Principal Officer

John Bowers

Main Address

PO BOX 49 672 HWY 142, SELMER, TN, 38375

NTEE Category

Code: W80 - Public benefit

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