Tombigbee Electric Cooperative Inc

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

EIN: 630211368 ✦ Hamilton, AL ✦ Designated as a 501(c)(12)

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Overview

What is Tombigbee Electric Cooperative Inc?

Tombigbee Electric Cooperative Inc is a nonprofit organization based in Hamilton, Alabama, specifically located at 3196 County Highway 55. They serve the communities of Marion, Lamar, and Fayette Counties with a membership base of approximately 7,330 individuals. The cooperative's primary mission is to provide electric services and related products and services to its members. With a team of 28 dedicated employees, they strive to ensure a reliable and efficient power supply to enrich the lives of those they serve.


Official website here: www.tombigbee.net

What are the reviews and ratings of this charity?

Tombigbee Electric Cooperative Inc does not currently have a rating from Charity Navigator. This is primarily because the organization is not registered as a 501(c)(3) nonprofit, making it ineligible for evaluation under Charity Navigator's current methodologies. This absence of a rating should not be construed positively or negatively; it simply indicates that the entity has not been assessed.

Charity Navigator's framework often examines factors such as accountability, finance, impact, and culture, but Tombigbee Electric Cooperative Inc has not been evaluated in these areas due to its non-501(c)(3) status. Other financial data, such as revenue, expenses, and key personnel salaries, are also not publicly available through this platform.

There are no user reviews from GreatNonprofits available for this organization, which means there is limited feedback from the general public regarding its operations or community impact.


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

Is Tombigbee Electric Cooperative Inc legitimate?

Tombigbee Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Tombigbee 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.


Official website here: www.tombigbee.net

What is the mission statement of Tombigbee Electric Cooperative Inc?

Tombigbee Electric Cooperative Inc is dedicated to supplying electric services and related products and solutions to its membership base. The cooperative's primary mission revolves around catering to the power needs of its members. Currently, it serves over 7,000 members in various communities. The cooperative's commitment extends beyond just providing electricity; it strives to ensure that its offerings meet the diverse requirements of its clientele.


Official website here: www.tombigbee.net

Who is the CEO of Tombigbee Electric Cooperative Inc?

Steve Foshee is the Ceo of Tombigbee Electric Cooperative Inc.


Official website here: www.tombigbee.net

What is the revenue of Tombigbee Electric Cooperative Inc?

Tombigbee Electric Cooperative Inc's revenue in 2020 was $17,768,087.


Official website here: www.tombigbee.net

Who are the executives of Tombigbee Electric Cooperative Inc and what are their salaries?




Official website here: www.tombigbee.net

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

Tombigbee Electric Cooperative Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.tombigbee.net

Learn more at the official website: www.tombigbee.net

Mission Statement of Tombigbee Electric Cooperative Inc

Tombigbee Electric Cooperative Inc, a dedicated nonprofit organization, is committed to providing electric service and related products and services to its members. This mission statement encapsulates the core purpose of the cooperative, which is to ensure the provision of essential electric power to its community.

Located in Marion, Lamar, and Fayette Counties, Alabama, Tombigbee Electric Cooperative Inc serves a membership of 7,330 individuals. The organization's primary goal is to deliver reliable power to its members, enabling them to lead comfortable and efficient lives. Beyond electric service, the cooperative also offers related products and services to cater to the unique needs of its community.

Tombigbee Electric Cooperative Inc is more than just a utility provider; it is a vital partner and support system for its members. By focusing on the needs of its community, the cooperative fosters a sense of unity and collaboration among its members. Through its unwavering commitment to service, Tombigbee Electric Cooperative Inc continues to make a positive impact on the lives of those it serves.

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Impact




October, 2024

Tombigbee Electric Cooperative Inc plays a crucial role in enhancing the quality of life for its members by providing reliable electric service and a range of related products and services. Serving over 7,330 members in Marion, Lamar, and Fayette Counties, Alabama, the cooperative ensures that communities have access to essential electricity, which is fundamental for homes, businesses, and public facilities.

The cooperative's mission focuses on meeting the energy needs of its members while actively contributing to the economic development and sustainability of the region. By prioritizing service quality and member satisfaction, Tombigbee Electric Cooperative fosters a sense of community, supporting local initiatives and promoting energy efficiency. This commitment not only enjoys the trust of its members but also plays a pivotal role in the growth and stability of the local economy.

In addition to providing essential electric services, the cooperative contributes to public benefit through various programs aimed at enhancing energy education, promoting safety, and facilitating innovative energy solutions that align with modern needs. Overall, Tombigbee Electric Cooperative Inc serves as a vital partner for its members, ensuring they have the necessary resources to thrive in a changing world.




This information is meant to be a general summary of Tombigbee 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.

Revenue
N/A (2022)
Expenses
N/A (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $106,080
  • Program Service Revenue: $17,342,742
  • Gross Receipts: $17,795,950

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ELECTRIC SALES

Revenue

$17,342,742

Organization Details

Founding Year

1950

Principal Officer

Steve Foshee

Main Address

3196 COUNTY HIGHWAY 55, HAMILTON, AL, 35570

NTEE Category

Code: W80 - Public benefit

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