Overview
What is Southern Pine Electric Cooperative Inc?
Southern Pine Electric Cooperative Inc is a nonprofit organization based in Brewton, Alabama. They operate with a mission to provide electric utility services to their cooperative members, ensuring reliable energy at the most affordable cost. With 3,425 miles of electric distribution lines, they serve approximately 16,100 members, including residential, commercial, and industrial consumers, across South Alabama. In total, Southern Pine Electric Cooperative generated and distributed 474,645,560 Kilowatt-Hours of electric energy.
Official website here: www.southernpine.org
What are the reviews and ratings of this charity?
Southern Pine Electric Cooperative Inc is currently not rated by Charity Navigator due to its status as an organization not registered as a 501(c)(3) nonprofit with the IRS. Consequently, it does not meet the criteria necessary for systematic evaluations that include Accountability & Finance, Impact & Measurement, or other evaluative methodologies available for registered nonprofits.
The absence of a rating from Charity Navigator should not be interpreted as either a positive or negative assessment of the organization. Historically, only those organizations registered as 501(c)(3) have been eligible for in-depth evaluations, including financial and operational transparency assessments. Southern Pine Electric Cooperative, by not being a 501(c)(3), bypasses these formal evaluations.
Additionally, there are no user reviews available on GreatNonprofits, limiting insights from personal experiences of community members. Further information gathering from other sources would be necessary to contribute a more comprehensive understanding of this organization’s impact, community involvement, or effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Pine Electric Cooperative Inc legitimate?
Southern Pine Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southern Pine 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: $927,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.southernpine.org
What is the mission statement of Southern Pine Electric Cooperative Inc?
Southern Pine Electric Cooperative is a non-profit organization committed to delivering reliable electric service to its members. Its mission is to provide affordable electricity, ensuring a consistent power supply to its approximately 16,100 residential, commercial, and industrial members. Operating with 3,425 miles of electric distribution lines, the cooperative successfully delivered 474,645,560 Kilowatt-Hours of electricity, serving its community in South Alabama. The cooperative prioritizes maintaining the lowest possible costs while focusing on delivering a dependable electric utility service.
Official website here: www.southernpine.org
Who is the CEO of Southern Pine Electric Cooperative Inc?
Vince Johnson is the Chief Executive Officer of Southern Pine Electric Cooperative Inc. The CEO's salary of Southern Pine Electric Cooperative Inc is $231,240 and their total compensation is $304,994.
Official website here: www.southernpine.org
What is the revenue of Southern Pine Electric Cooperative Inc?
Southern Pine Electric Cooperative Inc's revenue in 2022 was $57,265,989.
Official website here: www.southernpine.org
Who are the executives of Southern Pine Electric Cooperative Inc and what are their salaries?
The average compensation at Southern Pine Electric Cooperative Inc during 2022 was $11,737. There are 79 employees at Southern Pine Electric Cooperative Inc.
Here are 17 key members and their salaries (Southern Pine Electric Cooperative Inc's CEO's salary is $231,240 and their total compensation is $304,994):
- Compensation: $30,738
- Related: $0
- Other: $0
- Compensation: $27,154
- Related: $0
- Other: $0
- Compensation: $25,995
- Related: $0
- Other: $0
- Compensation: $28,584
- Related: $0
- Other: $0
- Compensation: $13,782
- Related: $0
- Other: $0
- Compensation: $26,866
- Related: $0
- Other: $0
- Compensation: $28,593
- Related: $0
- Other: $0
- Compensation: $8,836
- Related: $0
- Other: $0
- Compensation: $28,881
- Related: $0
- Other: $0
- Compensation: $231,240
- Related: $0
- Other: $73,754
- Compensation: $134,318
- Related: $0
- Other: $51,514
- Compensation: $159,334
- Related: $0
- Other: $57,646
- Compensation: $148,229
- Related: $0
- Other: $46,335
- Compensation: $130,016
- Related: $0
- Other: $42,640
- Compensation: $123,051
- Related: $0
- Other: $46,021
- Compensation: $119,371
- Related: $0
- Other: $47,838
- Compensation: $125,470
- Related: $0
- Other: $40,222
Official website here: www.southernpine.org
Where can I find the form 990 for Southern Pine Electric Cooperative Inc?
Southern Pine Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southernpine.org
Learn more at the official website: www.southernpine.org
Mission Statement of Southern Pine Electric Cooperative Inc
Southern Pine Electric Cooperative, a nonprofit organization based on the principle of cooperation, is dedicated to delivering dependable electric utility services to its members residing in various sectors, including residential, commercial, and industrial, across South Alabama. The cooperative's mission is to ensure that affordable, top-notch electric energy is available to its approximately 16,100 members. By maintaining an extensive network of 3,425 miles of electric distribution lines, Southern Pine Electric Cooperative manages to supply a substantial amount of energy, providing a staggering 474,645,560 Kilowatt-Hours to its committed clientele. The collective goal is to keep the cost of this vital service as low as possible for the benefit of the communities it serves.
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Impact
October, 2024
Southern Pine Electric Cooperative Inc plays a crucial role in delivering reliable electric utility service to its members in South Alabama. With an extensive network of 3,425 miles of electric distribution lines, the cooperative has successfully provided approximately 474,645,560 kilowatt-hours of electricity to around 16,100 residential, commercial, and industrial members. This significant level of service not only supports the daily lives of its members but also fosters economic growth by ensuring that local businesses and industries have the energy they need to operate efficiently. By prioritizing affordable and dependable energy solutions, Southern Pine Electric Cooperative is vital to the community's sustainability and overall well-being.
This information is meant to be a general summary of Southern Pine 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: $55,714
- Program Service Revenue: $56,887,145
- Gross Receipts: $57,265,989
Assets and Liabilities:
- Total Assets: $105,894,035
- Total Liabilities: $19,964,233
- Net Assets: $85,929,802
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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
$56,107,703
Patronage Capital
Revenue
$779,442
Organization Details
Founding Year
1938
Phone
(251) 867-5415Principal Officer
Vince Johnson
Main Address
PO Box 528, Brewton, AL, 36427
Website
www.southernpine.orgNTEE Category
Code: W80 - Public benefit
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