Overview
What is Coahoma Electric Power Assn?
Coahoma Electric Power Association, based in Lyon, Mississippi, is a nonprofit electric cooperative serving approximately 8,000 rural customers in Northwest Mississippi. Their mission is to distribute affordable electricity to the community. A recent update has improved voltage consistency in their territory, enhancing the overall power distribution and reliability. The cooperative employs a team of 52 individuals to ensure the efficient delivery of power to its customers.
Official website here: www.coahomaepa.com
What are the reviews and ratings of this charity?
Coahoma Electric Power Association is not currently rated by Charity Navigator. The lack of a rating is due to the organization's classification, which does not meet the 501(c)(3) criteria necessary for Charity Navigator's evaluation frameworks. The absence of a formal assessment does not suggest either positive or negative implications regarding the organization's performance.
Charity Navigator typically assesses nonprofits based on financial accountability and transparency, alongside other criteria like impact and community presence. However, Coahoma Electric Power Association falls outside this purview as it is not categorized as a charitable organization under the 501(c)(3) IRS code, and no financial data is publicly available through Charity Navigator.
Without user feedback from GreatNonprofits, there is no additional information on community perceptions or anecdotal experiences with Coahoma Electric Power Association. Hence, potential stakeholders may need to seek out alternative sources or direct engagement with the organization to gauge its effectiveness and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Coahoma Electric Power Assn legitimate?
Coahoma Electric Power Assn is a legitimate nonprofit organization registered as a 501(c)(12) entity. Coahoma Electric Power Assn 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: $404,441
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,973,337
For more financial information, click here
Official website here: www.coahomaepa.com
What is the mission statement of Coahoma Electric Power Assn?
Coahoma Electric Power Association is a non-profit electric cooperative dedicated to delivering affordable electricity to around 8,000 rural residents in North Mississippi. Their primary mission is to ensure a consistent and reliable power supply for their customer base, improving overall power quality by implementing a single voltage standard. The cooperative's ultimate goal is to enhance the lives of its community members by providing them with essential electrical services at an affordable cost.
Official website here: www.coahomaepa.com
Who is the CEO of Coahoma Electric Power Assn?
Keith Hurt is the General Manager of Coahoma Electric Power Assn.
Official website here: www.coahomaepa.com
What is the revenue of Coahoma Electric Power Assn?
Coahoma Electric Power Assn's revenue in 2022 was $20,605,799.
Official website here: www.coahomaepa.com
Who are the executives of Coahoma Electric Power Assn and what are their salaries?
The average compensation at Coahoma Electric Power Assn during 2022 was $45,726. There are 52 employees at Coahoma Electric Power Assn.
Here are 11 key members and their salaries:
- Compensation: $155,080
- Related: $0
- Other: $0
- Compensation: $104,358
- Related: $0
- Other: $0
- Compensation: $83,101
- Related: $0
- Other: $0
- Compensation: $7,850
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $7,800
- Related: $0
- Other: $0
- Compensation: $7,750
- Related: $0
- Other: $0
- Compensation: $7,750
- Related: $0
- Other: $0
- Compensation: $7,750
- Related: $0
- Other: $0
Official website here: www.coahomaepa.com
Where can I find the form 990 for Coahoma Electric Power Assn?
Coahoma Electric Power Assn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coahomaepa.com
Learn more at the official website: www.coahomaepa.com
Mission Statement of Coahoma Electric Power Assn
Coahoma Electric Power Association, a dedicated Electric Cooperative, strives to fulfill the vital mission of supplying affordable electricity to around 8,000 rural residents in Northwest Mississippi. By providing reliable and economical power, this organization plays a significant role in enhancing the daily lives and livelihoods of those it serves.
In pursuit of its objective, Coahoma Electric Power Association has implemented various initiatives to ensure an efficient power distribution network. One such initiative involves upgrading voltage differences in the territory to one voltage level. This change has led to noticeable improvements in the overall switching and reliability of power supply. With this enhancement, the Cooperative has been able to offer a more consistent and dependable power experience to its customers, further strengthening its commitment to serving the community.
Coahoma Electric Power Association's unwavering dedication to providing affordable power to its customers is a testament to its mission. Through its efforts, the organization has become an essential provider of electricity to rural residents in Northwest Mississippi, ensuring that they have access to this essential resource. In turn, the Cooperative contributes to the economic growth and development of the region by enabling businesses and families to flourish with the support of a reliable power supply.
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Impact
October, 2024
Coahoma Electric Power Association plays a significant role in improving the quality of life for approximately 8,000 rural customers in Northwest Mississippi by providing low-cost, reliable electricity. Its efforts to standardize voltage across the territory have enhanced both the efficiency of power distribution and overall system reliability. This transformation ensures that customers enjoy consistent and uninterrupted access to electricity, which is crucial for both daily living and economic activities in rural areas. By focusing on affordability and reliability, Coahoma Electric Power Association not only meets the energy needs of its members but also fosters economic development and community well-being in its service area.
This information is meant to be a general summary of Coahoma Electric Power Assn. 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: $82,285
- Program Service Revenue: $20,175,619
- Gross Receipts: $20,605,799
Assets and Liabilities:
- Total Assets: $50,480,063
- Total Liabilities: $18,772,022
- Net Assets: $31,708,041
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Electricity
Revenue
$19,525,708
Cooperative Energy Patronage
Revenue
$332,962
Other Patronage
Revenue
$74,589
Pole Rental
Revenue
$242,360
Organization Details
Founding Year
1937
Phone
(662) 624-8321Principal Officer
Keith Hurt
Main Address
PO BOX 188 340 HOPSON AVE, LYON, MS, 38645
Website
www.coahomaepa.comNTEE Category
Code: W80 - Public benefit
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