Overview
What is Eastern Maine Electric Cooperative Inc?
Eastern Maine Electric Cooperative Inc (EMEC) is a non-profit consumer-owned utility serving communities in Aroostook, Penobscot, and Washington Counties along Maine's eastern border with Canada. With a workforce of 39 employees, EMEC's mission is to deliver affordable energy solutions and enhance the quality of life for its 12,995 members. The cooperative focuses on utility programs and offers general services, providing electric power to residents and businesses. Based in Calais, Maine, EMEC strives to create value for its members through innovative technology, efficient capital management, and a committed workforce.
Official website here: www.emec.com
Is Eastern Maine Electric Cooperative Inc legitimate?
Eastern Maine Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eastern Maine 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $528,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,955,586
For more financial information, click here
Official website here: www.emec.com
What is the mission statement of Eastern Maine Electric Cooperative Inc?
Eastern Maine Electric Cooperative Inc (EMEC) is dedicated to delivering affordable energy solutions to its members, enhancing their quality of life through innovative uses of technology, capital, and a committed workforce.As a consumer-owned utility, EMEC focuses on providing power to approximately 12,995 consumers in various parts of Maine. Beyond supplying electricity, the cooperative aims to add value to its members' lives by creatively applying resources and expertise.
Official website here: www.emec.com
Who is the CEO of Eastern Maine Electric Cooperative Inc?
Scott Hallowell is the Chief Executive Officer of Eastern Maine Electric Cooperative Inc. The CEO's salary of Eastern Maine Electric Cooperative Inc is $239,145 and their total compensation is $456,321.
Official website here: www.emec.com
What is the revenue of Eastern Maine Electric Cooperative Inc?
Eastern Maine Electric Cooperative Inc's revenue in 2022 was $16,866,575.
Official website here: www.emec.com
Who are the executives of Eastern Maine Electric Cooperative Inc and what are their salaries?
The average compensation at Eastern Maine Electric Cooperative Inc during 2022 was $63,705. There are 39 employees at Eastern Maine Electric Cooperative Inc.
Here are 18 key members and their salaries (Eastern Maine Electric Cooperative Inc's CEO's salary is $239,145 and their total compensation is $456,321):
- Scott M Halowell (Chief Executive Officer)
- Andrew M Tickle (Manager Of Engineering)
- Michael Carrier (Manager Of Operations)
- Charles E Mcalpin (Manager Of Member Services)
- Elery Beale (Manager Of Information Technology)
- Warren Moholland (Chief Financial Officer)
- John L Gallant (Board Member) [Trustee/Director]
- R Scott Skinner (President) [Trustee/Director]
- Ralph Staples (Vice President) [Trustee/Director]
- Earl Hill Jr (Secretary) [Trustee/Director]
- Lawrence E Clark (Board Member) [Trustee/Director]
- David A Johnson (Board Member) [Trustee/Director]
- John Larkin (Treasurer) [Trustee/Director]
- Dana R Hatton (Board Member) [Trustee/Director]
- Vernon Wentworth (Board Member) [Trustee/Director]
- David A Harbison (Board Member) [Trustee/Director]
- Timothy R Peters (Board Member) [Trustee/Director]
- Marshall W Lucas (Board Member) [Trustee/Director]
Official website here: www.emec.com
Where can I find the form 990 for Eastern Maine Electric Cooperative Inc?
The Eastern Maine Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.emec.com
Learn more at the official website: www.emec.com
Mission Statement of Eastern Maine Electric Cooperative Inc
Eastern Maine Electric Cooperative, Inc. (EMEC) is a dedicated non-profit organization that prioritizes delivering affordable energy solutions to the communities it serves. Situated in Maine, this consumer-owned utility embodies a commitment to enhancing the quality of life of its members through creative application of technology, capital, and a devoted workforce. In simple terms, EMEC is a trailblazer in providing power to approximately 12,995 consumers residing in parts of Aroostook, Penobscot, and Washington Counties. By focusing on low-cost energy, EMEC goes beyond just delivering electricity; it adds value to the lives of its members.
Impact
This information is meant to be a general summary of Eastern Maine Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Eastern Maine Electric Cooperative Inc's impact is significant in providing low-cost energy solutions and enhancing the quality of life for its members through the creative application of technology, capital, and a dedicated workforce. Serving over 12,995 consumers in parts of Aroostook, Penobscot, and Washington Counties on Maine's eastern border with Canada, EMEC plays a vital role in delivering reliable electric power to the community. By continuously striving to improve their utility system programs, EMEC contributes to the public benefit by ensuring access to essential energy services for its members.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electric Supply & Delivery
Revenue
$16,686,459
Organization Details
Founding Year
1940
Phone
(207) 454-7555
Principal Officer
Scott Hallowell
Main Address
PO Box 425, Calais, ME, 04619
Website
www.emec.com
NTEE Category
Code: W80 - Public benefit
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