Overview
What is Tallapoosa River Electric Coop Inc?
Tallapoosa River Electric Coop Inc is a nonprofit organization based in LaFayette, Alabama. Their primary mission is to provide dependable electric service to their members at the lowest possible cost. They serve this mission through approximately 4,082 miles of distribution lines, delivering 582,730,200 kilowatt-hours of electric energy to their community. The cooperative employs a team of 79 individuals to ensure the efficient and reliable distribution of electricity.
Official website here: www.trec.coop
Is Tallapoosa River Electric Coop Inc legitimate?
Tallapoosa River Electric Coop Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tallapoosa River Electric Coop 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: $413,318
Professional Fundraising Fees: $0
Other Salaries and Wages: $416,750
For more financial information, click here
Official website here: www.trec.coop
What is the mission statement of Tallapoosa River Electric Coop Inc?
Tallapoosa River Electric Coop Inc is dedicated to providing dependable electric service to its members at the lowest possible cost. Spanning approximately 4,082 miles of distribution lines, the cooperative supplied over 582 million kilowatt hours of electric energy in the preceding period. This commitment to delivering reliable power enables members to maintain their daily routines and sustain their communities. The cooperative's low-cost approach ensures affordability for its members, making electricity an essential part of their lives.
Official website here: www.trec.coop
Who is the CEO of Tallapoosa River Electric Coop Inc?
Lewis Ward is the General Mana of Tallapoosa River Electric Coop Inc.
Official website here: www.trec.coop
What is the revenue of Tallapoosa River Electric Coop Inc?
Tallapoosa River Electric Coop Inc's revenue in 2022 was $70,999,867.
Official website here: www.trec.coop
Who are the executives of Tallapoosa River Electric Coop Inc and what are their salaries?
The average compensation at Tallapoosa River Electric Coop Inc during 2022 was $10,507. There are 79 employees at Tallapoosa River Electric Coop Inc.
Here are 10 key members and their salaries:
- Compensation: $265,440
- Related: $0
- Other: $147,009
- Compensation: $162,291
- Related: $0
- Other: $106,058
- Compensation: $137,884
- Related: $0
- Other: $100,911
- Compensation: $116,575
- Related: $0
- Other: $61,511
- Compensation: $31,885
- Related: $0
- Other: $0
- Compensation: $30,480
- Related: $0
- Other: $0
- Compensation: $25,874
- Related: $0
- Other: $0
- Compensation: $23,371
- Related: $0
- Other: $0
- Compensation: $19,894
- Related: $0
- Other: $0
- Compensation: $16,374
- Related: $0
- Other: $0
Official website here: www.trec.coop
Where can I find the form 990 for Tallapoosa River Electric Coop Inc?
Tallapoosa River Electric Coop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trec.coop
Learn more at the official website: www.trec.coop
Mission Statement of Tallapoosa River Electric Coop Inc
Tallapoosa River Electric Coop Inc, a dedicated electric cooperative, is committed to delivering reliable electric service at the most affordable price for its members. The organization's unwavering mission is to ensure that its members receive consistent electric power while keeping costs as low as possible.
Stretching across approximately 4,082 miles of distribution lines, Tallapoosa River Electric Coop Inc supplied an impressive 582,730,200 kilowatt-hours of electric energy to its members in the previous record. This significant achievement underscores the cooperative's dedication to ensuring its members have access to a consistent electric supply, enabling them to carry out their daily activities with minimal interruptions.
The cooperative's team of skilled professionals works tirelessly to maintain the electrical infrastructure and address any issues promptly. By keeping costs low, Tallapoosa River Electric Coop Inc enables its members to save on their energy bills and invest in other essential aspects of their lives. The cooperative's unwavering commitment to affordability and reliability has earned it the trust and loyalty of its members, making it an indispensable part of their communities.
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Impact
October, 2024
Tallapoosa River Electric Cooperative, based in Lafayette, Alabama, plays a crucial role in delivering reliable electric service to its members while maintaining affordability. With approximately 4,082 miles of distribution lines, the cooperative efficiently supplied an impressive 582,730,200 kilowatt-hours of electric energy. This extensive network ensures that communities have access to consistent electricity, which is vital for both residential and commercial needs. By focusing on providing dependable service at the lowest possible cost, the cooperative positively impacts economic stability and enhances the quality of life for its members. This commitment to public benefit fosters a strong sense of community and supports local development.
This information is meant to be a general summary of Tallapoosa River Electric Coop 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: $1,139,604
- Program Service Revenue: $69,721,381
- Gross Receipts: $70,999,867
Assets and Liabilities:
- Total Assets: $165,911,933
- Total Liabilities: $31,681,234
- Net Assets: $134,230,699
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SALES
Revenue
$49,029,489
COMMERCIAL & INDUSTRIAL- LARG
Revenue
$13,185,427
COMMERCIAL & INDUSTRIAL- SMAL
Revenue
$5,873,587
POLE ATTACHMENTS
Revenue
$885,232
MISC SERV. REV. - NON TAXABLE
Revenue
$747,406
Organization Details
Founding Year
1939
Phone
(334) 864-9331Principal Officer
Lewis Ward
Main Address
P O BOX 675, LAFAYETTE, AL, 368620675
Website
www.trec.coopNTEE Category
Code: W80 - Public benefit
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