Overview
What is Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc is a nonprofit organization dedicated to providing electricity to consumers in rural areas. Based on the provided information, they serve a customer base of approximately 13,807 individuals. The cooperative's primary activity involves the sale of electricity to these consumers.
What are the reviews and ratings of this charity?
Concordia Electric Cooperative Inc is currently not rated by Charity Navigator. This is largely because it is not registered as a 501(c)(3) nonprofit, which is a requirement for evaluation by Charity Navigator. The absence of a rating indicates that the organization has not been assessed using the platform’s methodologies, rather than suggesting a lack of merit or shortcomings.
As the organization is recognized under other tax-exempt statuses, certain evaluations like Accountability & Finance or Impact & Measurement beacons are not applicable. Furthermore, details like revenue, expenses, and key person salaries are also unavailable, limiting the scope of evaluation.
No user reviews from GreatNonprofits are available for additional insights into public perception or service quality. The lack of reviews leaves a gap in understanding specific positive experiences or challenges faced by the organization's stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Concordia Electric Cooperative Inc legitimate?
Concordia Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Concordia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc focuses on providing electricity to consumers residing in rural areas. With a customer base of over 13,000 individuals, the cooperative is dedicated to ensuring consistent access to electricity for its community. Its primary objective is to sell electricity, aiming to bring power to rural consumers and enhance their daily lives. The cooperative's commitment extends beyond just sales, as it strives to maintain a reliable and uninterrupted electricity supply for its customers. Additionally, it may offer various services or initiatives to support and engage with the rural community it serves.
Who is the CEO of Concordia Electric Cooperative Inc?
Stanley Dewayne Bailey is the General Manager & Ceo of Concordia Electric Cooperative Inc. The CEO's salary of Concordia Electric Cooperative Inc is $112,420 and their total compensation is $112,720.
What is the revenue of Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc's revenue in 2022 was $25,883,979.
Who are the executives of Concordia Electric Cooperative Inc and what are their salaries?
There are 78 employees at Concordia Electric Cooperative Inc.
Here are 10 key members and their salaries (Concordia Electric Cooperative Inc's CEO's salary is $112,420 and their total compensation is $112,720):
- Compensation: $112,420
- Related: $0
- Other: $300
- Compensation: $26,076
- Related: $0
- Other: $0
- Compensation: $15,795
- Related: $0
- Other: $0
- Compensation: $10,950
- Related: $0
- Other: $0
- Compensation: $9,805
- Related: $0
- Other: $0
- Compensation: $6,850
- Related: $0
- Other: $0
- Compensation: $6,850
- Related: $0
- Other: $0
- Compensation: $6,128
- Related: $0
- Other: $0
- Compensation: $5,830
- Related: $0
- Other: $0
- Compensation: $4,600
- Related: $0
- Other: $0
Where can I find the form 990 for Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Concordia Electric Cooperative Inc
Concordia Electric Cooperative Inc, a dedicated organization, is committed to providing electricity to consumers residing in rural areas. With a significant consumer base of 13,773, 13,787, and 13,807 individuals, this cooperative carries out the critical task of ensuring uninterrupted power supply to its members.
By focusing on the sale of electricity, Concordia Electric Cooperative Inc plays a vital role in bringing light and power to the daily lives of those living in rural communities. By providing this essential service, the organization enhances the quality of life and contributes to the overall development of the rural areas it serves.
In summary, Concordia Electric Cooperative Inc is an indispensable organization that brings electricity to consumers in rural areas. With a mission to deliver power to over thirteen thousand individuals, this cooperative plays a pivotal role in improving the living conditions and enhancing the daily experiences of those it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Concordia Electric Cooperative Inc plays a crucial role in providing reliable electricity to rural areas, significantly impacting the lives of its 13,807 consumers in Jonesville, Louisiana. By facilitating access to electricity, the cooperative enhances the quality of life for residents, supporting both daily activities and the development of local businesses. This consistent power supply is vital for essential services, education, and healthcare, contributing to the overall well-being of the community. The cooperative's ongoing commitment to serving its members effectively positions it as a cornerstone of the region's infrastructure, fostering economic growth and social stability. Through its operations, Concordia Electric Cooperative Inc promotes public benefit, ensuring that electricity is accessible to those in rural settings who might otherwise face challenges in securing power.
This information is meant to be a general summary of Concordia 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: $59,119
- Program Service Revenue: $25,825,974
- Gross Receipts: $25,887,962
Assets and Liabilities:
- Total Assets: $36,997,030
- Total Liabilities: $21,790,465
- Net Assets: $15,206,565
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Operating Rev & Patronage Cap
Revenue
$25,807,195
Other Capital Credits & Patronage Dividends
Revenue
$18,779
Organization Details
Founding Year
1940
Phone
(318) 339-7969Principal Officer
Stanley Dewayne Bailey
Main Address
PO Box 98, Jonesville, LA, 71343
NTEE Category
Code: W80 - Public benefit
If you are a representative of Concordia Electric Cooperative Inc 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.