Overview
What is Black Warrior Electric Membership Corporation?
Black Warrior Electric Membership Corporation is a nonprofit organization based in Demopolis, Alabama. Using over 6,800 miles of electric distribution lines, they provide electric energy to around 26,800 members, including residential, commercial, and industrial consumers, in West-Central Alabama. Their mission is to make electric energy accessible to their cooperative members at the most affordable cost, ensuring sound economic practices and effective management. The corporation serves approximately 384 million Kilowatt Hours annually.
Official website here: www.blackwarrioremc.com
Is Black Warrior Electric Membership Corporation legitimate?
Black Warrior Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Black Warrior Electric Membership Corporation 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: $527,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.blackwarrioremc.com
What is the mission statement of Black Warrior Electric Membership Corporation?
Black Warrior Electric Membership Corporation is dedicated to providing electric service to its cooperative members in an economically sound and well-managed manner. Its primary mission is to make electric energy accessible to members at the most affordable cost. Through the operation of over 6,800 miles of electric distribution lines, the corporation successfully delivered approximately 384 million Kilowatt Hours of electric energy to around 26,800 residential, commercial, and industrial members in West Alabama.
Official website here: www.blackwarrioremc.com
Who is the CEO of Black Warrior Electric Membership Corporation?
Daryl L Jones is the Trustee-President of Black Warrior Electric Membership Corporation.
Official website here: www.blackwarrioremc.com
What is the revenue of Black Warrior Electric Membership Corporation?
Black Warrior Electric Membership Corporation's revenue in 2022 was $46,551,724.
Official website here: www.blackwarrioremc.com
Who are the executives of Black Warrior Electric Membership Corporation and what are their salaries?
The average compensation at Black Warrior Electric Membership Corporation during 2022 was $7,436. There are 71 employees at Black Warrior Electric Membership Corporation.
Here are 16 key members and their salaries:
- Compensation: $10,200
- Related: $0
- Other: $0
- Compensation: $9,750
- Related: $0
- Other: $0
- Compensation: $8,750
- Related: $0
- Other: $0
- Compensation: $9,250
- Related: $0
- Other: $0
- Compensation: $9,250
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $9,250
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $213,032
- Related: $0
- Other: $100,145
- Compensation: $122,826
- Related: $0
- Other: $7,536
- Compensation: $134,944
- Related: $0
- Other: $27,556
- Compensation: $139,518
- Related: $0
- Other: $30,555
- Compensation: $141,697
- Related: $0
- Other: $21,341
- Compensation: $134,945
- Related: $0
- Other: $31,728
- Compensation: $131,123
- Related: $0
- Other: $30,830
Official website here: www.blackwarrioremc.com
Where can I find the form 990 for Black Warrior Electric Membership Corporation?
Black Warrior Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackwarrioremc.com
Learn more at the official website: www.blackwarrioremc.com
Mission Statement of Black Warrior Electric Membership Corporation
Black Warrior Electric Membership Corporation, a not-for-profit organization, is dedicated to the mission of making electric energy accessible to its members at the most affordable cost, all while maintaining a strong economy and good management. With a vast electric distribution network spanning 6,889 miles, Black Warrior Electric Membership Corporation successfully delivered 383,804,449 Kilowatt Hours of electricity to approximately 26,800 members in West-Central Alabama, comprising residents, commercial entities, and industrial facilities.
By prioritizing affordable energy, Black Warrior Electric Membership Corporation strives to ensure that every member can access essential electric services without undue financial burden. The organization's commitment to sound economy and good management allows it to provide dependable and cost-effective electric service, enabling its members to thrive and prosper in their respective endeavors. Through its tireless efforts, Black Warrior Electric Membership Corporation has established itself as a trusted partner in the energy sector, consistently delivering electricity to its members while maintaining a strong financial foundation.
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Impact
October, 2024
Black Warrior Electric Membership Corporation plays a crucial role in providing reliable and affordable electric service to approximately 26,800 members in West-Central Alabama. With a vast network of 6,889 miles of electric distribution lines, the corporation delivered over 383 million kilowatt-hours of electricity, ensuring that residential, commercial, and industrial users have access to essential energy resources.
The corporation is committed to maintaining low costs while adhering to sound financial practices and effective management. By prioritizing the needs of its cooperative members, Black Warrior Electric enhances the quality of life in the communities it serves, supports local economic growth, and fosters a sustainable energy future. Its mission aligns with the public benefit, reflecting a dedication to making electric energy accessible and affordable for all members in the region.
This information is meant to be a general summary of Black Warrior Electric Membership Corporation. 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: $37,805
- Program Service Revenue: $46,106,920
- Gross Receipts: $46,551,724
Assets and Liabilities:
- Total Assets: $80,681,833
- Total Liabilities: $14,757,065
- Net Assets: $65,924,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Electricity
Revenue
$46,084,290
Patronage Allocations
Revenue
$22,630
Organization Details
Founding Year
1938
Phone
(334) 289-0845Principal Officer
Daryl L Jones
Main Address
PO Box 779, Demopolis, AL, 36732
Website
www.blackwarrioremc.comNTEE Category
Code: W80 - Public benefit
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