Overview
What is Ashley-Chicot Electric Cooperative Inc?
Ashley-Chicot Electric Cooperative Inc, a Hamburg, AR-based nonprofit organization, provides essential electric services to around 5,040 rural residents. Established with a mission to serve, they offer electricity to communities in need. Their operations are anchored in the rural areas and aim to ensure a reliable electricity supply for their members. The cooperative's commitment extends beyond just providing electricity, as they remain dedicated to enhancing the lives of their members in Hamburg, AR.
Official website here: www.ashley-chicot.com
What are the reviews and ratings of this charity?
Ashley-Chicot Electric Cooperative Inc does not have a current rating on Charity Navigator as it is not registered as a 501(c)(3) nonprofit, which is a prerequisite for evaluation on that platform. Charity Navigator’s absence of a rating does not reflect the organization in a positive or negative light; it simply indicates they do not qualify for a rating under the site’s current criteria.
The organization is identified as independent and is an electric cooperative. While it does have data available through IRS forms, Charity Navigator cannot provide insights into Impact & Measurement, Culture & Community, or Leadership & Adaptability for Ashley-Chicot Electric Cooperative Inc due to its foundation status.
No user reviews from GreatNonprofits are available for Ashley-Chicot Electric Cooperative Inc, providing no additional public sentiment or firsthand accounts of experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ashley-Chicot Electric Cooperative Inc legitimate?
Ashley-Chicot Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ashley-Chicot Electric Cooperative Inc 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: $162,713
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,604
For more financial information, click here
Official website here: www.ashley-chicot.com
What is the mission statement of Ashley-Chicot Electric Cooperative Inc?
Ashley-Chicot Electric Cooperative is a non-profit organization dedicated to supplying electricity to around 5,040 rural community members. Situated in Hamburg, Arkansas, this cooperative's primary purpose is to ensure these residents have access to essential electric services. By providing electricity, Ashley-Chicot Electric Cooperative enhances the living standards and creates a more comfortable environment for its members. The organization's mission goes beyond just selling electricity; it strives to improve the quality of life in rural areas by ensuring continuous electric power.
Official website here: www.ashley-chicot.com
Who is the CEO of Ashley-Chicot Electric Cooperative Inc?
Emory Austin is the President of Ashley-Chicot Electric Cooperative Inc.
Official website here: www.ashley-chicot.com
What is the revenue of Ashley-Chicot Electric Cooperative Inc?
Ashley-Chicot Electric Cooperative Inc's revenue in 2022 was $13,513,079.
Official website here: www.ashley-chicot.com
Who are the executives of Ashley-Chicot Electric Cooperative Inc and what are their salaries?
The average compensation at Ashley-Chicot Electric Cooperative Inc during 2022 was $7,388. There are 24 employees at Ashley-Chicot Electric Cooperative Inc.
Here are 11 key members and their salaries:
- Compensation: $2,652
- Related: $0
- Other: $0
- Compensation: $11,265
- Related: $0
- Other: $9,055
- Compensation: $8,215
- Related: $0
- Other: $3,676
- Compensation: $2,147
- Related: $0
- Other: $0
- Compensation: $4,629
- Related: $0
- Other: $1,998
- Compensation: $5,964
- Related: $0
- Other: $2,148
- Compensation: $5,688
- Related: $0
- Other: $3,032
- Compensation: $122,155
- Related: $0
- Other: $91,914
- Compensation: $114,535
- Related: $0
- Other: $70,553
- Compensation: $106,629
- Related: $0
- Other: $22,496
- Compensation: $102,616
- Related: $0
- Other: $71,895
Official website here: www.ashley-chicot.com
Where can I find the form 990 for Ashley-Chicot Electric Cooperative Inc?
Ashley-Chicot Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ashley-chicot.com
Learn more at the official website: www.ashley-chicot.com
Mission Statement of Ashley-Chicot Electric Cooperative Inc
Ashley-Chicot Electric Cooperative, a non-profit organization based in Arkansas, is dedicated to providing electric services to around 5,040 rural members. Its primary objective is to ensure that residents in rural areas have access to reliable electricity. The cooperative's mission goes beyond just selling electricity; it is committed to improving the quality of life for its members by providing them with essential power.
In a mission driven by a sense of community and social responsibility, Ashley-Chicot Electric Cooperative focuses on bringing electricity to the often overlooked rural populations. By providing this essential resource, the cooperative helps support the development and growth of these communities. With a team of dedicated professionals, Ashley-Chicot Electric Cooperative strives to ensure that its members receive efficient and dependable electric services, enhancing their overall standard of living.
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Impact
October, 2024
Ashley-Chicot Electric Cooperative Inc plays a significant role in providing reliable electricity to approximately 5,040 rural members in Hamburg, Arkansas. By focusing on the sale of electricity to rural areas, it helps ensure that communities have access to essential power services that enhance quality of life, support local economies, and promote growth and development.
The cooperative's commitment to serving these rural areas contributes to economic stability by enabling residents and businesses to operate more effectively. Access to electricity is critical for everyday activities, from running appliances to supporting local industries. Furthermore, the cooperative fosters a sense of community by connecting members through shared resources and services, which strengthens social ties and local networks.
Overall, Ashley-Chicot Electric Cooperative Inc has a profound impact on the region by not only meeting the energy needs of its members but also enhancing the overall wellbeing of the communities it serves.
This information is meant to be a general summary of Ashley-Chicot Electric Cooperative Inc. 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: $124,647
- Program Service Revenue: $13,147,171
- Gross Receipts: $13,513,079
Assets and Liabilities:
- Total Assets: $43,086,261
- Total Liabilities: $23,338,451
- Net Assets: $19,747,810
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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
$12,944,951
GENERATION & TRANSMISSION CAPITAL
Revenue
$111,027
PATRONAGE CAPITAL CREDIT
Revenue
$85,732
MISC ELECTRIC REVENUE
Revenue
$5,461
Organization Details
Founding Year
1941
Phone
(870) 853-5212Principal Officer
Emory Austin
Main Address
307 E JEFFERSON STREET, HAMBURG, AR, 71646
Website
www.ashley-chicot.comNTEE Category
Code: W80 - Public benefit
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