Pioneer Electric Cooperative Inc

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

EIN: 630033945 ✦ Greenville, AL ✦ Designated as a 501(c)(12)

Overview

What is Pioneer Electric Cooperative Inc?

Pioneer Electric Cooperative Inc is a nonprofit organization based in Greenville, Alabama. Serving approximately 12,000 members, the cooperative covers the rural areas of Butler, Lowndes, Dallas, and Wilcox counties, extending its reach to five additional counties. With a mission to safely deliver dependable electricity at the most affordable cost, Pioneer Electric Cooperative operates over 2,769 miles of electric distribution lines. In 2022, they sold 176 million kilowatt hours of electric energy to their members. The cooperative employs 57 individuals to ensure timely and courteous service.


Official website here: www.pioneerelectric.com

Is Pioneer Electric Cooperative Inc legitimate?

Pioneer Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pioneer 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: $889,621
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pioneerelectric.com

What is the mission statement of Pioneer Electric Cooperative Inc?

Pioneer Electric Cooperative Inc is dedicated to providing its members with safe and dependable electricity service. Delivering the power in a timely and courteous manner is a priority, as is keeping costs low for the cooperative's community. Covering the rural areas of several counties in the South, the cooperative serves around 12,000 members, supplying them with approximately 176 million kilowatt hours of electricity annually. With a vast network of 2,769 miles of distribution lines, Pioneer Electric Cooperative Inc works diligently to ensure the flow of electricity to its members, putting their needs first.


Official website here: www.pioneerelectric.com

Who is the CEO of Pioneer Electric Cooperative Inc?

Terry Moseley is the Trustee - President of Pioneer Electric Cooperative Inc.


Official website here: www.pioneerelectric.com

What is the revenue of Pioneer Electric Cooperative Inc?

Pioneer Electric Cooperative Inc's revenue in 2022 was $31,309,147.


Official website here: www.pioneerelectric.com

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

The average compensation at Pioneer Electric Cooperative Inc during 2022 was $15,607. There are 57 employees at Pioneer Electric Cooperative Inc.

Here are 13 key members and their salaries:

    Terry Moseley (General Manager)
  • Compensation: $200,255
  • Related: $0
  • Other: $67,594

    • Phillip Baker (Vp Of Engineering And Oper)
  • Compensation: $148,912
  • Related: $0
  • Other: $52,971

    • Lauren Smith (Vp Of Accounting & Finance)
  • Compensation: $135,433
  • Related: $0
  • Other: $52,556

    • John Henry (Trustee - President)
  • Compensation: $32,850
  • Related: $0
  • Other: $0

    • Melvia Carter (Trustee - Vice President)
  • Compensation: $26,450
  • Related: $0
  • Other: $0

    • Linda Arnold (Trustee)
  • Compensation: $25,950
  • Related: $0
  • Other: $0

    • Thomas Duncan (Trustee)
  • Compensation: $25,450
  • Related: $0
  • Other: $0

    • Glenn E Branum (Trustee - Secretary)
  • Compensation: $25,450
  • Related: $0
  • Other: $0

    • Joshua C Gardner (Trustee)
  • Compensation: $25,050
  • Related: $0
  • Other: $0

    • Melvin Dale (Trustee)
  • Compensation: $24,450
  • Related: $0
  • Other: $0

    • David Lyon Jr (Trustee)
  • Compensation: $23,200
  • Related: $0
  • Other: $0

    • George Thompson (Trustee)
  • Compensation: $17,500
  • Related: $0
  • Other: $0

    • William B Farrar (Trustee)
  • Compensation: $5,550
  • Related: $0
  • Other: $0


  • Official website here: www.pioneerelectric.com

    Where can I find the form 990 for Pioneer Electric Cooperative Inc?

    The Pioneer Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pioneerelectric.com

    Learn more at the official website: www.pioneerelectric.com

    Mission Statement of Pioneer Electric Cooperative Inc

    Pioneer Electric Cooperative Inc, headquartered in Alabama, is dedicated to providing its members with safe and dependable electricity services. The cooperative's mission is to ensure the timely and courteous delivery of electricity, all while keeping costs as low as possible for its customers.

    Operating in the rural regions of four Alabama counties, Pioneer Electric Cooperative, Inc. caters to approximately 12,000 members, with a total of 13,000 meters under its management. The cooperative's extensive electric distribution network spans 2,769 miles, enabling it to sell over 176 million kilowatt hours of electricity to its members in 2022.

    Pioneer Electric Cooperative, Inc. prides itself on maintaining a strong commitment to safety, as it delivers electricity to its customers. Its mission goes beyond just providing electricity; it strives to offer a high-quality service experience, ensuring that its members receive their power needs met in a timely and courteous manner. By focusing on cost efficiency, the cooperative provides its members with the lowest possible electricity costs.

    Impact

    This information is meant to be a general summary of Pioneer 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

    Pioneer Electric Cooperative Inc has a significant impact on the rural areas of four South Central Alabama counties, serving approximately 12,000 members with 13,000 meters. With a mission to safely deliver reliable service in a timely and courteous manner at the lowest possible cost to its members, Pioneer Electric Cooperative Inc plays a crucial role in providing essential electricity services to the community. Utilizing over 2,700 miles of electric distribution lines, the cooperative sold a substantial amount of electric energy in 2022, contributing to the welfare and development of the region it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $93,452
  • Program Service Revenue: $31,020,424
  • Gross Receipts: $31,309,147

    • Assets and Liabilities:
  • Total Assets: $89,358,165
  • Total Liabilities: $59,378,800
  • Net Assets: $29,979,365
  • Programs

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

    Sales of electricity

    Revenue

    $30,518,443

    Patronage allocations

    Revenue

    $501,981

    Organization Details

    Founding Year

    1940

    Principal Officer

    Terry Moseley

    Main Address

    PO Box 468, Greenville, AL, 36037

    NTEE Category

    Code: Y22 - Mutual benefit

    If you are a representative of Pioneer Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.