Overview
What is Wiregrass Electric Cooperative?
Wiregrass Electric Cooperative is a nonprofit organization based in Hartford, Alabama, that delivers electric utility services to approximately 18,900 consumer-members in Houston and Geneva Counties, as well as parts of Dale, Coffee, Henry, and Covington Counties. Utilizing a network of approximately 3,218 miles of electric distribution lines, they have provided 394,725,358 Kilowatt hours of electric energy. The cooperative's primary mission is to provide affordable electricity to its members. Margins are returned to members as capital credit retirements when the cooperative's financial situation allows. The cooperative employs a workforce of 67 individuals.
Official website here: www.wiregrass.coop
What are the reviews and ratings of this charity?
Wiregrass Electric Cooperative is currently not rated by Charity Navigator as it is not a 501(c)(3) nonprofit. Charity Navigator mainly evaluates registered charities, focusing on Accountability & Finance along with Impact & Measurement. In this case, comprehensive data such as revenue, expenses, and salary information is unavailable, which limits assessment of financial health and organizational transparency.
The absence of a formal rating does not inherently reflect a positive or negative view of Wiregrass Electric Cooperative. As an independent body not falling under the standard classification, it is not eligible for evaluation within Charity Navigator's current parameters. The lack of data on aspects such as Leadership & Adaptability, and Culture & Community implies that holistic evaluation frameworks are also not applicable.
There are no user reviews available on GreatNonprofits for Wiregrass Electric Cooperative. This limits the ability to present community feedback or insights from stakeholders about the nonprofit’s work and impact. Without user testimonials, the public portrayal of the organization remains incomplete through this source.
This AI summary has been generated from information found on Charity Navigator.
Is Wiregrass Electric Cooperative legitimate?
Wiregrass Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wiregrass 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: $1,110,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wiregrass.coop
What is the mission statement of Wiregrass Electric Cooperative?
Wiregrass Electric Cooperative is dedicated to delivering electric utility service to its cooperative members. As a distribution cooperative, it provides electricity at cost, with any surplus earnings returned to members in the form of capital credit retirements. The cooperative, which spans over 3,200 miles of electric distribution lines, supplied 394 million Kilowatt hours of electric energy to over 18,900 consumers in Alabama and surrounding areas. Its mission prioritizes cost-effective electricity access, ensuring financial benefits for its members.
Official website here: www.wiregrass.coop
Who is the CEO of Wiregrass Electric Cooperative?
Leslie Moreland is the Trustee of Wiregrass Electric Cooperative. The CEO's salary of Wiregrass Electric Cooperative is $230,571 and their total compensation is $315,607.
Official website here: www.wiregrass.coop
What is the revenue of Wiregrass Electric Cooperative?
Wiregrass Electric Cooperative's revenue in 2022 was $56,969,794.
Official website here: www.wiregrass.coop
Who are the executives of Wiregrass Electric Cooperative and what are their salaries?
The average compensation at Wiregrass Electric Cooperative during 2022 was $16,581. There are 67 employees at Wiregrass Electric Cooperative.
Here are 18 key members and their salaries (Wiregrass Electric Cooperative's CEO's salary is $230,571 and their total compensation is $315,607):
- Compensation: $13,531
- Related: $0
- Other: $0
- Compensation: $13,853
- Related: $0
- Other: $0
- Compensation: $13,247
- Related: $0
- Other: $0
- Compensation: $12,556
- Related: $0
- Other: $0
- Compensation: $13,531
- Related: $0
- Other: $0
- Compensation: $13,351
- Related: $0
- Other: $0
- Compensation: $13,832
- Related: $0
- Other: $0
- Compensation: $11,200
- Related: $0
- Other: $0
- Compensation: $12,760
- Related: $0
- Other: $0
- Compensation: $230,571
- Related: $0
- Other: $85,036
- Compensation: $186,330
- Related: $0
- Other: $66,963
- Compensation: $161,182
- Related: $0
- Other: $61,486
- Compensation: $143,239
- Related: $0
- Other: $58,269
- Compensation: $119,808
- Related: $0
- Other: $44,971
- Compensation: $126,358
- Related: $0
- Other: $23,962
- Compensation: $111,316
- Related: $0
- Other: $44,847
- Compensation: $118,453
- Related: $0
- Other: $26,635
- Compensation: $113,035
- Related: $0
- Other: $43,386
Official website here: www.wiregrass.coop
Where can I find the form 990 for Wiregrass Electric Cooperative?
Wiregrass Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wiregrass.coop
Learn more at the official website: www.wiregrass.coop
Mission Statement of Wiregrass Electric Cooperative
Wiregrass Electric Cooperative, a distribution cooperative headquartered in Alabama, is dedicated to delivering electric utility services to its cooperative members. The cooperative operates with a mission to provide electricity to its members at cost, ensuring affordability and fairness. During financially viable years, the cooperative allocates any surplus margins to its members in the form of capital credit retirements.
At the heart of Wiregrass Electric Cooperative's operations is a network spanning approximately 3,218 miles of electric distribution lines. This extensive infrastructure allows the cooperative to serve over 18,900 consumer-members in various communities, providing them with a total of 394,725,358 Kilowatt hours of electric energy annually. By focusing on delivering electricity efficiently and cost-effectively, Wiregrass Electric Cooperative continues to make a significant impact on the lives of its members, enabling them to power their homes and businesses with reliable electric utility services.
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Impact
October, 2024
Wiregrass Electric Cooperative plays a vital role in the communities of Houston and Geneva Counties in Alabama, as well as parts of Dale, Coffee, Henry, and Covington Counties. With an extensive network of approximately 3,218 miles of electric distribution lines, the cooperative delivers an impressive 394,725,358 kilowatt-hours of energy to over 18,900 consumer-members. This significant output highlights the cooperative’s commitment to providing reliable electric utility services at cost, ensuring that members receive affordable power while benefiting the local economy.
The cooperative's mission centers around empowering its members, with any generated margins returned in the form of capital credit retirements when financially feasible. This approach supports community growth and stability, reinforcing Wiregrass Electric Cooperative's role as a key player in promoting public benefit through consistent electricity access.
This information is meant to be a general summary of Wiregrass 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $220,281
- Program Service Revenue: $56,196,174
- Gross Receipts: $57,002,475
Assets and Liabilities:
- Total Assets: $149,286,109
- Total Liabilities: $73,186,513
- Net Assets: $76,099,596
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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
$55,227,449
Patronage Dividends
Revenue
$968,725
Organization Details
Founding Year
1939
Phone
(334) 588-2223Principal Officer
Leslie Moreland
Main Address
P O Box 158, Hartford, AL, 363440158
Website
www.wiregrass.coopNTEE Category
Code: W80 - Public benefit
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