Southern Pine Electric Cooperative

Southern Pine Electric

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

EIN: 640243969 ✦ Taylorsville, MS ✦ Designated as a 501(c)(12)

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Overview

What is Southern Pine Electric Cooperative?

Southern Pine Electric Cooperative is a Mississippi-based electric utility cooperative, serving around 69,822 meters in south central Mississippi. With a network of 10,668 miles of electric distribution lines, they deliver affordable and reliable electric energy to their members, enhancing the quality of life in the community. Their mission, as led by the Board of Directors and employees, is to ensure the safe provision of electric energy while maintaining a reasonable price. Southern Pine Electric sold 1.96 billion kilowatt hours of electricity in total. The cooperative's workforce consists of 260 dedicated individuals.


Official website here: www.southernpine.coop

What are the reviews and ratings of this charity?

Southern Pine Electric Cooperative is not currently rated by Charity Navigator as it does not qualify under their rating system, which requires being a 501(c)(3) IRS registered nonprofit. The absence of a rating doesn't convey a positive or negative assessment but indicates the organization's IRS classification limits evaluation. Historical ratings would primarily reflect accountability and finance but lack recent dimensions like leadership and adaptability.

Charity Navigator indicates that important financial data such as revenue, expenses, and salaries of key individuals are not available for Southern Pine Electric Cooperative, which hinders comprehensive fiscal analysis. The organization is classified as independent, outside the foundation status applicable to traditional nonprofits.

Given that the nonprofit is not affiliated with a 501(c)(3) status, categories like impact, culture, and community aren't assessed. This reflects limitations in evaluating how the organization measures its success and interacts with stakeholders or adapts to change. Without user reviews from GreatNonprofits, public sentiment on this nonprofit remains uncharted, leaving a gap in community-driven perspectives.


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

Is Southern Pine Electric Cooperative legitimate?

Southern Pine Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southern Pine 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: $1,815,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.southernpine.coop

What is the mission statement of Southern Pine Electric Cooperative?

The Southern Pine Electric Cooperative's mission is focused on improving the lives of its members and the community. The Board of Directors and employees work diligently to ensure the provision of safe and dependable electric energy at affordable rates. By delivering this essential service, they aim to enhance the overall quality of life for those they serve. Southern Pine Electric Cooperative sells a significant amount of electric energy each year to meet the demands of its approximately 69,822 meters. Through its operations, it provides a crucial resource that contributes to the well-being and comfort of countless households and businesses.


Official website here: www.southernpine.coop

Who is the CEO of Southern Pine Electric Cooperative?

Chris K Rhodes is the President / Ceo of Southern Pine Electric Cooperative. The CEO's salary of Southern Pine Electric Cooperative is $312,203 and their total compensation is $537,121.


Official website here: www.southernpine.coop

What is the revenue of Southern Pine Electric Cooperative?

Southern Pine Electric Cooperative's revenue in 2022 was $220,241,849.


Official website here: www.southernpine.coop

Who are the executives of Southern Pine Electric Cooperative and what are their salaries?

The average compensation at Southern Pine Electric Cooperative during 2022 was $6,984. There are 260 employees at Southern Pine Electric Cooperative.


Here are 22 key members and their salaries (Southern Pine Electric Cooperative's CEO's salary is $312,203 and their total compensation is $537,121):


Billy M Berry (Chariman/Director)
  • Compensation: $70,119
  • Related: $0
  • Other: $0
Mims W Berry (Director)
  • Compensation: $42,987
  • Related: $0
  • Other: $0
Charles Lowe (Director)
  • Compensation: $61,331
  • Related: $0
  • Other: $0
Blaine H Eaton (Director)
  • Compensation: $37,725
  • Related: $0
  • Other: $0
Haskins Montgomery (Secretary/Director)
  • Compensation: $45,520
  • Related: $0
  • Other: $0
Billy Parish (Director)
  • Compensation: $42,816
  • Related: $0
  • Other: $0
Greg Sullivan (Director)
  • Compensation: $66,246
  • Related: $0
  • Other: $0
David Tadlock (Director)
  • Compensation: $26,060
  • Related: $0
  • Other: $0
Richard Thoms (Vice-Chairman/Director)
  • Compensation: $44,565
  • Related: $0
  • Other: $0
Fountaine Mcnair (Director)
  • Compensation: $33,985
  • Related: $0
  • Other: $0
Jeffery Sims (Director)
  • Compensation: $36,561
  • Related: $0
  • Other: $0
Dean Kirby (Director)
  • Compensation: $28,637
  • Related: $0
  • Other: $0
Staci L Rhodes (Director)
  • Compensation: $32,627
  • Related: $0
  • Other: $0
Ann S Hamm (Vp Of Finance)
  • Compensation: $169,073
  • Related: $0
  • Other: $46,093
Chris K Rhodes (President / Ceo)
  • Compensation: $312,203
  • Related: $0
  • Other: $224,918
Ryan R Robertson (Chief Financial Officer)
  • Compensation: $169,175
  • Related: $0
  • Other: $35,522
Jim Jordan (Vp Of Engineering)
  • Compensation: $182,395
  • Related: $0
  • Other: $107,192
John Joseph Hardin (Director Of Plant And Faci)
  • Compensation: $146,190
  • Related: $0
  • Other: $81,416
Robert Chad Lewis (Vp Of Operations)
  • Compensation: $179,867
  • Related: $0
  • Other: $74,788
Ollen D Mcalpin (Vp Of Administration)
  • Compensation: $161,079
  • Related: $0
  • Other: $41,129
Jennifer W Collins (Vp Of Communications & Gov)
  • Compensation: $150,997
  • Related: $0
  • Other: $71,565
James Keith King (Director Of Supply Chain)
  • Compensation: $132,743
  • Related: $0
  • Other: $67,412


Official website here: www.southernpine.coop

Where can I find the form 990 for Southern Pine Electric Cooperative?

Southern Pine Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southernpine.coop

Learn more at the official website: www.southernpine.coop

Mission Statement of Southern Pine Electric Cooperative

Southern Pine Electric Cooperative, a dedicated group of Board of Directors and employees, is committed to improving the livelihoods of its members and the community at large. Through its mission, the cooperative endeavors to provide safe and dependable electric energy to its members at affordable prices.

By prioritizing the needs of its community and members, Southern Pine Electric Cooperative strives to make a tangible difference in people's lives. Its team of employees works tirelessly to maintain the cooperative's extensive electric distribution system, which spans over 10,668 miles and serves approximately 69,822 meters in south central Mississippi.

In pursuit of its mission, Southern Pine Electric Cooperative delivers a significant volume of electric energy, selling a remarkable 1,955,922,274 kilowatt hours to its members. This commitment to providing both reliability and affordability has positioned Southern Pine Electric Cooperative as a trusted and essential resource for the communities it serves.

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Impact




October, 2024

Southern Pine Electric Cooperative significantly impacts the quality of life for its members and the surrounding community in south central Mississippi. By providing reliable electric energy to approximately 69,822 meters through an extensive network of 10,668 miles of distribution lines, the cooperative ensures that households and businesses have access to essential utilities. Last year alone, Southern Pine Electric sold nearly 2 billion kilowatt hours of electricity, emphasizing its role as a vital energy provider.

The cooperative prioritizes affordability and safety, actively working to keep energy costs manageable for its members while maintaining high service reliability. This commitment not only helps individual households save money but also boosts the local economy by supporting businesses that depend on consistent electricity. Ultimately, Southern Pine Electric plays a crucial role in fostering a thriving community by enhancing the overall well-being of its members through accessible and dependable electric service.




This information is meant to be a general summary of Southern Pine 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.

Revenue
$220,241,849 (2022)
Expenses
$220,241,849 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,541,445
  • Program Service Revenue: $220,168,482
  • Gross Receipts: $222,146,050

Assets and Liabilities:

  • Total Assets: $497,414,310
  • Total Liabilities: $187,177,129
  • Net Assets: $310,237,181

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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

$215,868,440

Capital Credits

Revenue

$4,300,042

Organization Details

Founding Year

1938

Principal Officer

Chris K Rhodes

Main Address

PO Box 60, Taylorsville, MS, 391680060

NTEE Category

Code: W80 - Public benefit

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