Coast Electric Power Association

Learn about this cause: What are the reviews? 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)

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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

What are the reviews and ratings of this charity?

The Coast Electric Power Association is not currently rated by Charity Navigator as its evaluations require scores in categories such as Accountability & Finance or Impact & Measurement, which are not provided for this organization. This absence of a rating is neutral and does not suggest any positive or negative assessment but indicates a lack of evaluation under these criteria.

Historical evaluations predominantly focused on accountability and finance aspects but did not involve aspects like Leadership & Adaptability, Culture & Community, or Impact & Measurement. No detailed financial data, such as revenue or expenses, is available publicly at this time.

As an independent organization, Coast Electric Power Association does not appear to fit certain evaluative criteria of a 501(c)(3) nonprofit, limiting the data points Charity Navigator can assess. User feedback through GreatNonprofits is currently unavailable, leaving a gap in community-based insights into their operations.


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

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 tax deductible.


Heare 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):


Gilbert Arceneaux (Director)
  • Compensation: $36,700
  • Related: $0
  • Other: $0
James Baldree (Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Richard Dossett (Director/Chairman)
  • Compensation: $33,900
  • Related: $0
  • Other: $0
Teri Eaton (Director)
  • Compensation: $36,200
  • Related: $0
  • Other: $0
Paul Guichet (Director)
  • Compensation: $42,950
  • Related: $0
  • Other: $0
Charles Lopez (Director)
  • Compensation: $43,400
  • Related: $0
  • Other: $0
Frank Mcclinton (Director/Secretary Treasur)
  • Compensation: $36,700
  • 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
John Holston (Cfo)
  • Compensation: $335,586
  • Related: $0
  • Other: $141,188
Ron Barnes (Ceo)
  • Compensation: $465,135
  • Related: $0
  • Other: $380,084
Charles S Brown (Sr. Vp Engineering & Operations)
  • Compensation: $284,387
  • Related: $0
  • Other: $123,679
Steven Broussard (Vp Engineering)
  • Compensation: $194,336
  • Related: $0
  • Other: $126,918
Wilson Eaton (Vp Of Hr And Staff Attorn)
  • Compensation: $211,328
  • Related: $0
  • Other: $53,632
Kendall Ladner (Vp Of Operations)
  • Compensation: $182,880
  • Related: $0
  • Other: $95,255
Louis Lee Jr (Vp Special Projects)
  • Compensation: $239,634
  • Related: $0
  • Other: $79,059
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
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


Official website here: www.coastepa.com

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

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.

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Impact




October, 2024

Coast Electric Power Association plays a crucial role in enhancing the quality of life and economic stability in the rural areas of Hancock, Harrison, and Pearl River counties in Mississippi. By maintaining an extensive network of 7,152 miles of electric distribution lines, the association reliably delivers electricity to approximately 88,086 residential, commercial, and industrial meters.

Their commitment to providing superior service and dependable electricity at the lowest possible price ensures that members have access to vital energy resources. This reliable access not only supports everyday living but also fosters business growth and community development, ultimately elevating the overall economy in the region. Coast Electric Power Association's focus on improving the quality of life reinforces its significant positive impact on the communities it serves.




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.


Financials

This financial information is from Propublica.

Revenue
$231,986,767 (2022)
Expenses
$231,986,767 (2022)
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

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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

$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

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