Overview
What is Association Of Louisiana Electric Cooperatives Inc?
The Association of Louisiana Electric Cooperatives Inc. is a statewide organization based in Baton Rouge, Louisiana, with a mission to foster and encourage rural electrification in the state. They represent electric cooperatives, providing legislative and governmental representation, publishing magazines, and offering safety trainings. The Association aims to promote the general welfare of its members, enhance the safety and stability of electric cooperatives, and assist in solving common issues. They also disseminate information related to rural electrification and cooperate with public officials and organizations to promote the cause. With a workforce of ten individuals, they strive to provide services and programs that stimulate local growth and strengthen the electric cooperative program in Louisiana.
Official website here: www.alec.coop/
Is Association Of Louisiana Electric Cooperatives Inc legitimate?
Association Of Louisiana Electric Cooperatives Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association Of Louisiana Electric Cooperatives 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: $345,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,901
For more financial information, click here
Official website here: www.alec.coop/
What is the mission statement of Association Of Louisiana Electric Cooperatives Inc?
The Association of Louisiana Electric Cooperatives Inc has a mission to promote and foster the rural electrification program in Louisiana. This organization aims to enhance the general welfare and interests of its members, as well as contribute to the safety, stability, and prosperity of electric cooperatives. In addition, it works to solve common problems faced by electric cooperatives, disseminate relevant information, cooperate with public officials, and provide services and information programs that stimulate local growth and strengthen the electric cooperative program in Louisiana. The Association of Louisiana Electric Cooperatives Inc also offers legislative and governmental representation, publishes magazines, and conducts safety trainings.
Official website here: www.alec.coop/
Who is the CEO of Association Of Louisiana Electric Cooperatives Inc?
Beama Pierce is the Director of Association Of Louisiana Electric Cooperatives Inc. The CEO's salary of Association Of Louisiana Electric Cooperatives Inc is $130,819 and their total compensation is $138,119.
Official website here: www.alec.coop/
What is the revenue of Association Of Louisiana Electric Cooperatives Inc?
Association Of Louisiana Electric Cooperatives Inc's revenue in 2022 was $1,758,529.
Official website here: www.alec.coop/
Who are the executives of Association Of Louisiana Electric Cooperatives Inc and what are their salaries?
The average compensation at Association Of Louisiana Electric Cooperatives Inc during 2022 was $53,396. There are 10 employees at Association Of Louisiana Electric Cooperatives Inc.
Here are 15 key members and their salaries (Association Of Louisiana Electric Cooperatives Inc's CEO's salary is $130,819 and their total compensation is $138,119):
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- Compensation: $130,819
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- Compensation: $103,439
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Official website here: www.alec.coop/
Where can I find the form 990 for Association Of Louisiana Electric Cooperatives Inc?
Association Of Louisiana Electric Cooperatives Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alec.coop/
Learn more at the official website: www.alec.coop/
Mission Statement of Association Of Louisiana Electric Cooperatives Inc
The Association of Louisiana Electric Cooperatives Inc, as a statewide trade association, is dedicated to fostering, developing, and encouraging the program of rural electrification in Louisiana. Its mission is to promote the general welfare and further the interests of its members, contributing to the safety, stability, security, and prosperity of electric cooperatives. The organization aims to solve common problems faced by electric cooperatives, disseminate information related to rural electrification, and cooperate with public officials and civic organizations in the promotion of rural electrification and national, state, community, and rural development. Additionally, the Association of Louisiana Electric Cooperatives Inc provides services and information programs to stimulate local growth, stability, and security, ultimately strengthening the electric cooperative program in Louisiana.
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Impact
October, 2024
The Association of Louisiana Electric Cooperatives Inc. plays a crucial role in advancing rural electrification throughout Louisiana. By developing and encouraging programs that focus on the delivery of electric service, the organization enhances the overall welfare of its member electric cooperatives and the communities they serve.
By facilitating collaboration with public officials and civic organizations, the Association promotes initiatives that support rural development and the interests of its members. Their efforts ensure the safety, stability, and prosperity of electric cooperatives, helping them navigate common challenges while providing reliable energy services to their members at the lowest possible cost.
The Association’s commitment to disseminating vital information and providing training further strengthens local communities, fostering growth and stability in rural areas. Through legislative representation and publication of educational materials, such as "Along These Lines" and "The Louisiana Country," the Association not only informs stakeholders but also cultivates a stronger sense of community engagement around issues related to electrification.
In essence, the impact of the Association of Louisiana Electric Cooperatives Inc. extends beyond electricity provision; it stimulates local economies, enhances community resilience, and promotes sustainable development throughout rural Louisiana.
This information is meant to be a general summary of Association Of Louisiana Electric Cooperatives 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: $26,675
- Program Service Revenue: $711,626
- Gross Receipts: $1,758,529
Assets and Liabilities:
- Total Assets: $2,021,006
- Total Liabilities: $152,333
- Net Assets: $1,868,673
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAGAZINE SALES
Revenue
$417,826
ANNUAL MEETING
Revenue
$87,566
ADVERTISING SALES
Revenue
$64,809
SAFETY AND TRAINING
Revenue
$62,405
YOUTH TOUR
Revenue
$48,100
Organization Details
Founding Year
1942
Phone
(225) 293-3450Principal Officer
Beama Pierce
Main Address
10725 AIRLINE HWY, BATON ROUGE, LA, 70816
Website
www.alec.coop/NTEE Category
Code: S40 - Community improvement
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