Coosa Valley Electric Cooperative Inc

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

EIN: 630049012 ✦ Talladega, AL ✦ Designated as a 501(c)(12)

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

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 not tax deductible.

Here 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:

    Jon Cullimore (General Manager)
  • Compensation: $164,314
  • Related: $0
  • Other: $62,743

    • Aaron Pate (Asst Operations Mgr)
  • Compensation: $154,747
  • Related: $0
  • Other: $67,177

    • Ryan Hart (Mgr Engineering)
  • Compensation: $150,321
  • Related: $0
  • Other: $48,946

    • Fred Perley (Crew Chief)
  • Compensation: $126,839
  • Related: $0
  • Other: $52,938

    • Kim Maye (Cfo)
  • Compensation: $116,954
  • Related: $0
  • Other: $61,010

    • Robert Smith (Crew Chief)
  • Compensation: $123,522
  • Related: $0
  • Other: $51,596

    • Roy Henderson (Crew Chief)
  • Compensation: $119,686
  • Related: $0
  • Other: $50,045

    • Robert Dixon (Director)
  • Compensation: $30,900
  • Related: $0
  • Other: $0

    • Michael Hubbard (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $23,200
  • Related: $0
  • Other: $0

    • Sammy Gallman (Director)
  • Compensation: $22,650
  • Related: $0
  • Other: $0

    • Marilyn George Davis (President) [Trustee/Director]
  • Compensation: $20,450
  • Related: $0
  • Other: $0

    • Buddy Watson (Director)
  • Compensation: $15,350
  • Related: $0
  • Other: $0

    • John M Davis (Director)
  • Compensation: $13,900
  • Related: $0
  • Other: $0

    • Mary Land (Vice President) [Trustee/Director]
  • Compensation: $13,000
  • Related: $0
  • Other: $0

    • Christine Garrett (Director)
  • Compensation: $8,200
  • Related: $0
  • Other: $0


  • Official website here: www.coosavalleyec.com

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

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Coosa Valley Electric Cooperative Inc plays a vital role in providing electric service to approximately 14,165 members in Alabama. By offering high-quality services at competitive rates, the cooperative contributes to economic and community development in the region. Through its commitment to strong ethical practices and well-trained employees, Coosa Valley Electric Cooperative Inc has a significant impact on the energy sector and the overall well-being of its members.





    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: $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
  • 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

    Principal Officer

    Jon Cullimore

    Main Address

    PO Box 837, Talladega, AL, 35161

    NTEE Category

    Code: W80 - Public benefit

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