Overview
What is Coosa Valley Electric Cooperative Inc?
Coosa Valley Electric Cooperative Inc, located in Talladega, Alabama, is a member-owned energy cooperative with a mission to deliver high-quality electric services at competitive rates. This nonprofit organization, serving around 14,165 members, prioritizes strong business ethics and community development. With a team of 75 competent and well-trained employees, Coosa Valley Electric Cooperative aims to provide reliable energy and contribute economically to the region.
Official website here: www.coosavalleyec.com
What are the reviews and ratings of this charity?
Coosa Valley Electric Cooperative Inc is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization. This means it does not meet the criteria required for a standard evaluation, such as the Accountability & Finance beacon. Charity Navigator primarily evaluates organizations that are registered as 501(c)(3) nonprofits with the IRS, thus allowing them to receive tax-deductible contributions.
The absence of a rating on Charity Navigator does not imply a negative or positive assessment of Coosa Valley Electric Cooperative Inc. The organization is independently operated and does not fall under any national or regional affiliations, which might limit some avenues for evaluation. Primarily, the lack of detailed financial and salary data hinders the comprehensiveness of any analysis of this cooperative's operations.
No user reviews are available on GreatNonprofits for Coosa Valley Electric Cooperative Inc. This lack of user-generated feedback means there is limited insight into the community's perception of the organization or its services.
This AI summary has been generated from information found on Charity Navigator.
Is Coosa Valley Electric Cooperative Inc legitimate?
Coosa Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Coosa Valley 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $552,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.coosavalleyec.com
What is the mission statement of Coosa Valley Electric Cooperative Inc?
Coosa Valley Electric Cooperative is a member-operated cooperative dedicated to delivering high-quality electric services to its community at competitive rates. With a team of competent and well-trained employees, the cooperative prioritizes strong ethical business practices. Beyond providing electricity, Coosa Valley Electric Cooperative also focuses on fostering economic and community development. The cooperative's mission is to supply essential energy while maintaining a commitment to its members and upholding high moral standards.
Official website here: www.coosavalleyec.com
Who is the CEO of Coosa Valley Electric Cooperative Inc?
Jon Cullimore is the Vice President of Coosa Valley Electric Cooperative Inc.
Official website here: www.coosavalleyec.com
What is the revenue of Coosa Valley Electric Cooperative Inc?
Coosa Valley Electric Cooperative Inc's revenue in 2022 was $50,119,583.
Official website here: www.coosavalleyec.com
Who are the executives of Coosa Valley Electric Cooperative Inc and what are their salaries?
The average compensation at Coosa Valley Electric Cooperative Inc during 2022 was $7,369. There are 75 employees at Coosa Valley Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Compensation: $13,000
- Related: $0
- Other: $0
- Compensation: $20,450
- Related: $0
- Other: $0
- Compensation: $15,350
- Related: $0
- Other: $0
- Compensation: $13,900
- Related: $0
- Other: $0
- Compensation: $23,200
- Related: $0
- Other: $0
- Compensation: $22,650
- Related: $0
- Other: $0
- Compensation: $8,200
- Related: $0
- Other: $0
- Compensation: $30,900
- Related: $0
- Other: $0
- Compensation: $116,954
- Related: $0
- Other: $61,010
- Compensation: $164,314
- Related: $0
- Other: $62,743
- Compensation: $150,321
- Related: $0
- Other: $48,946
- Compensation: $154,747
- Related: $0
- Other: $67,177
- Compensation: $126,839
- Related: $0
- Other: $52,938
- Compensation: $123,522
- Related: $0
- Other: $51,596
- Compensation: $119,686
- Related: $0
- Other: $50,045
Official website here: www.coosavalleyec.com
Where can I find the form 990 for Coosa Valley Electric Cooperative Inc?
Coosa Valley Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coosavalleyec.com
Learn more at the official website: www.coosavalleyec.com
Mission Statement of Coosa Valley Electric Cooperative Inc
Coosa Valley Electric Cooperative, a member-owned total energy cooperative, is dedicated to delivering high-quality electric services to its approximately 14,165 members in an economically and community-focused manner. The cooperative prides itself on its competent and well-trained employees who uphold strong and ethical business practices. Coosa Valley Electric Cooperative's mission revolves around providing economic and community development alongside reliable electric services at competitive rates. The cooperative's commitment to its members extends beyond energy delivery, as it strives to make a positive impact on the communities it serves. Coosa Valley Electric Cooperative's employee team is a vital aspect of its success, with their expertise and dedication ensuring the cooperative remains at the forefront of the energy industry. The cooperative's member-owned structure allows it to be responsive to the unique needs and concerns of its members, fostering a sense of community and collaboration. Coosa Valley Electric Cooperative's commitment to strong business ethics and community development sets it apart as a trusted and reliable energy provider.
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Impact
October, 2024
Coosa Valley Electric Cooperative Inc plays a significant role in enhancing the quality of life for its members in Alabama. Serving approximately 14,165 members, it focuses on providing reliable electric service while promoting economic and community development. The cooperative emphasizes delivering high-quality services at competitive rates, which helps ensure affordability for its members.
With a commitment to ethical business practices, Coosa Valley Electric Cooperative employs skilled and well-trained personnel who contribute to efficient operations and superior customer service. Additionally, by being member-owned and operated, it fosters a sense of community and accountability, encouraging members to engage actively in cooperative initiatives that benefit the region. Overall, Coosa Valley Electric Cooperative Inc positively impacts the local economy and strengthens community ties through its dedicated service and operational values.
This information is meant to be a general summary of Coosa Valley Electric Cooperative Inc. 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: $940,691
- Program Service Revenue: $48,139,307
- Gross Receipts: $50,119,583
Assets and Liabilities:
- Total Assets: $161,924,550
- Total Liabilities: $104,192,488
- Net Assets: $57,732,062
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Sales
Revenue
$45,500,237
G&T and Other Cap Cred
Revenue
$2,639,070
Organization Details
Founding Year
1939
Phone
(256) 362-4180Principal Officer
Jon Cullimore
Main Address
PO Box 837, Talladega, AL, 35161
Website
www.coosavalleyec.comNTEE Category
Code: W80 - Public benefit
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