Overview
What is Plateau Electric Cooperative?
Plateau Electric Cooperative is a member-owned cooperative based in Oneida, Tennessee, with a district office in Wartburg. Established in 1939, the cooperative covers approximately 1,830 line miles and provides quality electricity to around 17,700 members at the lowest possible cost. By purchasing power from the Tennessee Valley Authority and distributing it to its members, Plateau Electric Cooperative plays a crucial role in promoting economic development and improving the overall quality of life in the community. The cooperative's mission is to provide reliable electric services while enhancing the local economy and contributing to the well-being of its members. With a team of 58 employees, the cooperative is dedicated to ensuring a sustainable and efficient power supply for its community.
Official website here: www.plateauelectric.com
What are the reviews and ratings of this charity?
Plateau Electric Cooperative is not currently rated by Charity Navigator. This lack of rating is primarily because the organization is not registered as a 501(c)(3) nonprofit and thus does not meet Charity Navigator's eligibility criteria. The absence of an evaluation should not be interpreted as a positive or negative assessment, but simply that it has not been assessed under Charity Navigator's frameworks.
Historical evaluations for nonprofits were based on Accountability and Finance, but key information like revenue, expenses, and salary data is not available for Plateau Electric Cooperative. Additionally, since it's not a 501(c)(3) organization, it cannot be assessed through methodologies related to Impact & Measurement, Culture & Community, or Leadership & Adaptability.
There are no user reviews available on GreatNonprofits for Plateau Electric Cooperative. Without user feedback, the public perspective is limited, and the evaluation of the organization's impact is incomplete.
This AI summary has been generated from information found on Charity Navigator.
Is Plateau Electric Cooperative legitimate?
Plateau Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Plateau 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: $864,804
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,113,503
For more financial information, click here
Official website here: www.plateauelectric.com
What is the mission statement of Plateau Electric Cooperative?
Plateau Electric Cooperative is dedicated to providing high-quality electricity to its members at the most affordable cost. The cooperative's primary goal is to distribute electricity efficiently, while also promoting economic development and enhancing the overall quality of life for its community. Originating in 1939, Plateau Electric Cooperative is a member-owned organization that serves approximately 1830 line miles and supports around 17,700 members. By purchasing power from the Tennessee Valley Authority at wholesale prices, the cooperative is able to deliver reliable and affordable electricity to its members, ultimately contributing to the economic growth and improved living standards within the community.
Official website here: www.plateauelectric.com
Who is the CEO of Plateau Electric Cooperative?
John Proffitt is the CEO of Plateau Electric Cooperative The CEO's salary of Plateau Electric Cooperative is $136,629 and their total compensation is $138,926.
Official website here: www.plateauelectric.com
What is the revenue of Plateau Electric Cooperative?
Plateau Electric Cooperative's revenue in 2024 was $46,778,890.
Official website here: www.plateauelectric.com
Who are the executives of Plateau Electric Cooperative and what are their salaries?
The average compensation at Plateau Electric Cooperative during 2024 was $53,184. There are 56 employees at Plateau Electric Cooperative.
Here are 20 key members and their salaries (Plateau Electric Cooperative's CEO's salary is $136,629 and their total compensation is $138,926):
- Compensation: $169,435
- Related: $0
- Other: $64,655
- Compensation: $138,963
- Related: $0
- Other: $58,197
- Compensation: $139,764
- Related: $0
- Other: $42,959
- Compensation: $122,794
- Related: $0
- Other: $58,197
- Compensation: $122,251
- Related: $0
- Other: $58,197
- Compensation: $131,744
- Related: $0
- Other: $44,415
- Compensation: $119,887
- Related: $0
- Other: $49,166
- Compensation: $124,828
- Related: $0
- Other: $39,027
- Compensation: $136,629
- Related: $0
- Other: $21,482
- Compensation: $106,536
- Related: $0
- Other: $33,476
- Compensation: $136,629
- Related: $0
- Other: $2,297
- Compensation: $24,500
- Related: $0
- Other: $0
- Compensation: $24,150
- Related: $0
- Other: $0
- Compensation: $23,450
- Related: $0
- Other: $0
- Compensation: $23,100
- Related: $0
- Other: $0
- Compensation: $22,750
- Related: $0
- Other: $0
- Compensation: $22,050
- Related: $0
- Other: $0
- Compensation: $19,950
- Related: $0
- Other: $0
- Compensation: $17,500
- Related: $0
- Other: $0
- Compensation: $15,050
- Related: $0
- Other: $0
Official website here: www.plateauelectric.com
Where can I find the form 990 for Plateau Electric Cooperative?
Plateau Electric Cooperative's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.plateauelectric.com
Learn more at the official website: www.plateauelectric.com
Mission Statement of Plateau Electric Cooperative
Plateau Electric Cooperative, a member-owned cooperative founded in 1939, strives to distribute top-notch electricity at the most affordable prices for its members. The cooperative's primary goal is to promote and facilitate economic development, enhancing the overall quality of life for its community.
Plateau Electric Cooperative's mission is multi-faceted. It begins with the distribution of high-quality electricity at the lowest possible cost. By doing so, the cooperative enables its members to lead productive lives and foster growth within their households and businesses. In addition to providing electricity, the cooperative plays a vital role in promoting economic development. Through various initiatives, it facilitates the expansion of local businesses and industries, contributing to the overall prosperity of the community.
Moreover, Plateau Electric Cooperative goes beyond just electricity distribution. It is dedicated to enhancing the quality of life for its members. By promoting economic development, it creates jobs and opportunities, leading to a stronger, more resilient community. The cooperative's commitment to its members extends beyond the power grid, making a positive impact on their lives in numerous ways.
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Impact
October, 2024
Plateau Electric Cooperative significantly impacts its community by providing reliable electricity to approximately 17,700 members across 1,830 line miles in East Tennessee. Headquartered in Oneida, TN, with a district office in Wartburg, the cooperative ensures access to quality electricity at the lowest possible cost, fostering economic growth and enhancing the quality of life for its members. By purchasing power from the Tennessee Valley Authority at wholesale rates, Plateau Electric Cooperative enables local businesses and households to thrive, promoting sustainable development in the region. The cooperative's efforts contribute to a stronger economy and improved living conditions for its members, reflecting its commitment to community enrichment and public benefit.
This information is meant to be a general summary of Plateau 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 2024.
- Investment Income: $144,903
- Program Service Revenue: $46,628,087
- Gross Receipts: $46,778,890
Assets and Liabilities:
- Total Assets: $69,254,966
- Total Liabilities: $21,626,755
- Net Assets: $47,628,211
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRIB OF ELECTRICITY
Revenue
$44,763,636
POLE RENTAL
Revenue
$1,470,906
SERVICE CHARGES AND FEES
Revenue
$393,545
Organization Details
Founding Year
1939
Principal Officer
Ryan Keeton
Website
www.plateauelectric.comNTEE Category
Code: W80 - Public benefit
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