Coast Electric Power Association

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

EIN: 640169075 ✦ Bay st louis, MS ✦ Designated as a 501(c)(12)

Overview

What is Coast Electric Power Association?

Coast Electric Power Association is a nonprofit organization located in Bay St. Louis, Mississippi. With 306 employees, they serve the rural communities of Harrison, Hancock, and Pearl River counties by providing electricity to over 88,000 residential, commercial, and industrial meters. Their mission is to ensure dependable electric service to their members while enhancing the local economy and community quality of life. Administering a network of 7,152 miles of electric distribution lines, they are dedicated to maintaining superior service at the most affordable price.


Official website here: www.coastepa.com

Is Coast Electric Power Association legitimate?

Coast Electric Power Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Coast Electric Power Association 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,935,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.coastepa.com

What is the mission statement of Coast Electric Power Association?

The Coast Electric Power Association is dedicated to delivering reliable and affordable electricity to its members in a safe manner. Their mission is to provide superior service and ensure the economic and community growth through the supply of electricity. The organization serves approximately 88,086 residential, commercial, and industrial meters across three counties, utilizing over 7,000 miles of electric distribution lines. Its commitment to its members extends beyond providing electricity, as it strives to enhance the overall quality of life in the community.


Official website here: www.coastepa.com

Who is the CEO of Coast Electric Power Association?

Ron Barnes is the Director of Coast Electric Power Association. The CEO's salary of Coast Electric Power Association is $465,135 and their total compensation is $845,219.


Official website here: www.coastepa.com

What is the revenue of Coast Electric Power Association?

Coast Electric Power Association's revenue in 2022 was $231,986,767.


Official website here: www.coastepa.com

Who are the executives of Coast Electric Power Association and what are their salaries?

The average compensation at Coast Electric Power Association during 2022 was $9,593. There are 306 employees at Coast Electric Power Association.

Here are 20 key members and their salaries (Coast Electric Power Association's CEO's salary is $465,135 and their total compensation is $845,219):

    Ron Barnes (Ceo)
  • Compensation: $465,135
  • Related: $0
  • Other: $380,084

    • John Holston (Cfo)
  • Compensation: $335,586
  • Related: $0
  • Other: $141,188

    • Charles S Brown (Sr. Vp Engineering & Operations)
  • Compensation: $284,387
  • Related: $0
  • Other: $123,679

    • Guy Johnson (Vp Han & Pic Op)
  • Compensation: $242,994
  • Related: $0
  • Other: $124,492

    • Archie Dickens (Vp Sfty & Comp)
  • Compensation: $192,070
  • Related: $0
  • Other: $157,221

    • Steven Broussard (Vp Engineering)
  • Compensation: $194,336
  • Related: $0
  • Other: $126,918

    • Louis Lee Jr (Vp Special Projects)
  • Compensation: $239,634
  • Related: $0
  • Other: $79,059

    • Melissa Russo (Comp, Pr, Mbr Svc)
  • Compensation: $192,694
  • Related: $0
  • Other: $124,490

    • Bruce Marie (Vp Purch/Energy Management)
  • Compensation: $168,774
  • Related: $0
  • Other: $122,980

    • Kendall Ladner (Vp Of Operations)
  • Compensation: $182,880
  • Related: $0
  • Other: $95,255

    • Wilson Eaton (Vp Of Hr And Staff Attorn)
  • Compensation: $211,328
  • Related: $0
  • Other: $53,632

    • Charles Lopez (Director)
  • Compensation: $43,400
  • Related: $0
  • Other: $0

    • Paul Guichet (Director)
  • Compensation: $42,950
  • Related: $0
  • Other: $0

    • James Baldree (Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Gilbert Arceneaux (Director)
  • Compensation: $36,700
  • Related: $0
  • Other: $0

    • Frank Mcclinton (Director/Secretary Treasur)
  • Compensation: $36,700
  • Related: $0
  • Other: $0

    • Teri Eaton (Director)
  • Compensation: $36,200
  • Related: $0
  • Other: $0

    • William Mooney (Director/Vice Chairman)
  • Compensation: $35,800
  • Related: $0
  • Other: $0

    • Gordon Redd Jr (Director)
  • Compensation: $35,300
  • Related: $0
  • Other: $0

    • Richard Dossett (Director/Chairman)
  • Compensation: $33,900
  • Related: $0
  • Other: $0


  • Official website here: www.coastepa.com

    Where can I find the form 990 for Coast Electric Power Association?

    The Coast Electric Power Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.coastepa.com

    Learn more at the official website: www.coastepa.com

    Mission Statement of Coast Electric Power Association

    Coast Electric Power Association, a leading electricity provider, is dedicated to delivering superior service and dependable electricity to communities in rural areas of Hancock, Harrison, and Pearl River counties. With a mission to improve the economy and quality of life in these areas, the association goes beyond just providing electricity. It strives to do so at the lowest possible price for its member-owners.

    Coast Electric Power Association's network spans over 7,152 miles of electric distribution lines, powering approximately 88,086 residential, commercial, and industrial meters. The association's team of professionals works tirelessly to ensure the safety and reliability of the electricity supply. By doing so, they contribute significantly to the daily lives of the residents and businesses in these counties, enabling them to thrive and grow.

    Moreover, Coast Electric Power Association is committed to making a positive impact on its community. Its mission extends beyond the provision of electricity; it's about enhancing the lives of its members and making a difference in the places they call home. By offering reliable electricity at affordable prices, the association plays a crucial role in supporting the local economy and fostering a sense of community.

    Impact

    This information is meant to be a general summary of Coast Electric Power Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Coast Electric Power Association plays a vital role in providing electricity to rural areas of Hancock, Harrison, and Pearl River counties in Mississippi. With 7,152 miles of electric distribution lines, they serve approximately 88,086 residential, commercial, and industrial meters. By doing so, they ensure that these communities have access to dependable electricity at the lowest possible price. This not only benefits individual residents and businesses but also contributes to improving the economy and overall quality of life in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $370,526
  • Program Service Revenue: $228,259,071
  • Gross Receipts: $231,986,787

    • Assets and Liabilities:
  • Total Assets: $535,918,882
  • Total Liabilities: $315,557,591
  • Net Assets: $220,361,291
  • Programs

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

    Sales of Electricity

    Revenue

    $223,654,452

    Patronage Capital

    Revenue

    $4,604,619

    Organization Details

    Founding Year

    1937

    Principal Officer

    Ron Barnes

    Main Address

    PO Box 2430, Bay St Louis, MS, 39521

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Coast Electric Power Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.