Pea River Electric Cooperative

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

EIN: 630161119 ✦ Ozark, AL ✦ Designated as a 501(c)(12)

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Overview

What is Pea River Electric Cooperative?

Pea River Electric Cooperative, a nonprofit organization based in Ozark, Alabama, serves Southeast Alabama with approximately 3,188 miles of distribution lines. The cooperative sold an impressive 324.7 million kilowatt hours of electric energy to its members in their mission to provide the best value in quality electric and related services. With a team of 72 dedicated employees, they ensure the delivery of reliable electricity to their community.


Official website here: www.peariver.com

What are the reviews and ratings of this charity?

Pea River Electric Cooperative is not currently rated by Charity Navigator. The lack of a rating is due to the organization's classification, as it is not a 501(c)(3) registered nonprofit, which is a requirement for Charity Navigator evaluations. This absence of rating should not be interpreted as inherently positive or negative.

The Cooperative does have available data in the IRS Business Master File, which includes its classification as an independent organization. However, no financial data, such as total revenue or expenses, is available for this organization on Charity Navigator. This limits the ability to assess its financial health or accountability based on typical nonprofit standards.

Without an official rating or user feedback from GreatNonprofits, a comprehensive evaluation of Pea River Electric Cooperative's impact, leadership, or community engagement is not documented within these resources. The Cooperative operates independently, but further insights would require additional data or reviews for a complete understanding.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Pea River Electric Cooperative?

68% of 10 reviewers on Facebook recommend Pea River Electric Cooperative. Here’s a brief overview of their experiences:

Many customers appreciate the cooperative's attentive and caring approach to customer service. Positive comments highlight the strong connection and commitment that the organization demonstrates towards its members. Users express a sense of trust and satisfaction in how the cooperative operates and handles its customer relations.

However, with a recommendation rate below 70%, there may be some areas for improvement that haven’t been detailed in the reviews available. Overall, the sentiments lean towards a favorable view of the organization, particularly regarding its customer care.


This AI summary has been generated from reviews found on Facebook.

Is Pea River Electric Cooperative legitimate?

Pea River Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pea River 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: $490,319
Professional Fundraising Fees: $0
Other Salaries and Wages: $712,574

For more financial information, click here


Official website here: www.peariver.com

What is the mission statement of Pea River Electric Cooperative?

Pea River Electric Cooperative is committed to delivering top-notch electric and related services in Southeast Alabama. The cooperative's mission is to provide value by ensuring the quality of the electricity supplied to its members. Utilizing approximately 3,188 miles of distribution lines, Pea River Electric Cooperative sold over 324 million kilowatt hours of electric energy. The cooperative's efforts focus on ensuring customer satisfaction by maintaining reliable power delivery and offering related services that add value to its members' lives. In pursuit of this goal, the cooperative continually invests in its infrastructure and strives for operational excellence.


Official website here: www.peariver.com

Who is the CEO of Pea River Electric Cooperative?

Jeffrey M Hodges is the CEO of Pea River Electric Cooperative The CEO's salary of Pea River Electric Cooperative is $197,892 and their total compensation is $273,751.


Official website here: www.peariver.com

What is the revenue of Pea River Electric Cooperative?

Pea River Electric Cooperative's revenue in 2023 was $51,841,849.


Official website here: www.peariver.com

Who are the executives of Pea River Electric Cooperative and what are their salaries?

The average compensation at Pea River Electric Cooperative during 2023 was $14,851. There are 81 employees at Pea River Electric Cooperative.

Here are 16 key members and their salaries (Pea River Electric Cooperative's CEO's salary is $197,892 and their total compensation is $273,751):


Jeffrey M Hodges (Ceo)
  • Compensation: $197,892
  • Related: $0
  • Other: $75,859
Eugene Jackson (Engineer)
  • Compensation: $174,282
  • Related: $0
  • Other: $65,400
Scotty Barefoot (Opperations)
  • Compensation: $161,126
  • Related: $0
  • Other: $64,749
Terry Chancey (Construction)
  • Compensation: $130,430
  • Related: $0
  • Other: $90,594
Brian Whatley (Vp Operation)
  • Compensation: $123,328
  • Related: $0
  • Other: $80,252
Rustin Clark (Construction)
  • Compensation: $123,408
  • Related: $0
  • Other: $53,139
Chelsey Polumbo (Cfo)
  • Compensation: $98,427
  • Related: $0
  • Other: $24,286
Billy W Danzey (Trustee)
  • Compensation: $34,740
  • Related: $0
  • Other: $0
Larry L Grantham (Trustee)
  • Compensation: $12,900
  • Related: $0
  • Other: $20,801
Lowell Bristow (Trustee)
  • Compensation: $11,400
  • Related: $0
  • Other: $20,990
Jack Edwin Jones Jr (Trustee)
  • Compensation: $31,440
  • Related: $0
  • Other: $0
Michael Starling (Trustee)
  • Compensation: $11,400
  • Related: $0
  • Other: $19,838
Braxton Green (Vice Preside)
  • Compensation: $30,640
  • Related: $0
  • Other: $0
Lee T Peters (President)
  • Compensation: $29,140
  • Related: $0
  • Other: $0
William H Strickland (Secretary)
  • Compensation: $27,240
  • Related: $0
  • Other: $0
James E Miller (Trustee)
  • Compensation: $5,100
  • Related: $0
  • Other: $20,915


Official website here: www.peariver.com

Where can I find the form 990 for Pea River Electric Cooperative?

Pea River Electric Cooperative's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.peariver.com

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

Mission Statement of Pea River Electric Cooperative

Pea River Electric Cooperative, a leading electric service provider in Southeastern Alabama, is dedicated to delivering top-tier quality electric and related services to its members. With an extensive network of approximately 3,188 miles of distribution lines, the cooperative ensures a consistent and uninterrupted power supply to homes and businesses in the region.

In line with its commitment to excellence, Pea River Electric Cooperative sold a substantial amount of electric energy to its members, totaling 324,656,555 kilowatt-hours. This significant achievement is a testament to the cooperative's unwavering focus on delivering the best value to its clients. By providing reliable and efficient electric services, Pea River Electric Cooperative plays a vital role in enhancing the daily lives of its members and contributing to the overall economic development of Southeastern Alabama.

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Impact




October, 2024

Pea River Electric Cooperative plays a crucial role in enhancing the quality of life in Southeast Alabama by delivering reliable electric services. With approximately 3,188 miles of distribution lines, the cooperative efficiently serves its members, providing a substantial total of 324,656,555 kilowatt hours of electric energy. By focusing on value and quality in their offerings, Pea River Electric ensures that its members have access to essential energy resources, supporting both residential and business needs in the Ozark area and beyond. Their commitment to service not only meets the energy demands of the community but also contributes to its economic stability and growth.




This information is meant to be a general summary of Pea River 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.

Revenue
$51,841,849 (2023)
Expenses
$50,245,223 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $525,670
  • Program Service Revenue: $50,979,438
  • Gross Receipts: $51,841,849

Assets and Liabilities:

  • Total Assets: $131,213,257
  • Total Liabilities: $64,748,396
  • Net Assets: $66,464,861

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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

$50,979,438

Organization Details

Principal Officer

Jeffrey M Hodges

NTEE Category

Code: W80 - Public benefit

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