M J M Electric Cooperative Inc

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

EIN: 370394535 ✦ Carlinville, IL ✦ Designated as a 501(c)(12)

Overview

What is M J M Electric Cooperative Inc?

M J M Electric Cooperative Inc is a nonprofit organization based in Carlinville, Illinois. Their primary focus is to provide dependable energy and related services to the community at the most affordable cost. The Cooperative's operational territory encompasses west-central Illinois, including parts of Jersey, Macoupin, Montgomery, Bond, Fayette, and Greene Counties. With a workforce of 44 employees, they pride themselves on delivering reliable energy to their members.


Official website here: www.mjmec.coop

Is M J M Electric Cooperative Inc legitimate?

M J M Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. M J M 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: $356,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mjmec.coop

What is the mission statement of M J M Electric Cooperative Inc?

M J M Electric Cooperative Inc is dedicated to delivering reliable energy and associated services to its members at the most affordable price. The organization's primary focus is to ensure a consistent energy supply to its customers while keeping costs low. By prioritizing affordability, M J M Electric Cooperative Inc aims to make energy accessible to all its members. Although not explicitly stated, it can be inferred that the cooperative values the importance of a dependable energy source for its community.


Official website here: www.mjmec.coop

Who is the CEO of M J M Electric Cooperative Inc?

Robert Moore is the Treasurer of M J M Electric Cooperative Inc. The CEO's salary of M J M Electric Cooperative Inc is $123,303 and their total compensation is $210,345.


Official website here: www.mjmec.coop

What is the revenue of M J M Electric Cooperative Inc?

M J M Electric Cooperative Inc's revenue in 2022 was $22,406,705.


Official website here: www.mjmec.coop

Who are the executives of M J M Electric Cooperative Inc and what are their salaries?

The average compensation at M J M Electric Cooperative Inc during 2022 was $8,108. There are 44 employees at M J M Electric Cooperative Inc.

Here are 15 key members and their salaries (M J M Electric Cooperative Inc's CEO's salary is $123,303 and their total compensation is $210,345):

    Randy Joe Heyen (President Ceo)
  • Compensation: $123,303
  • Related: $0
  • Other: $87,042

    • Dale Gansz (Line Foreman)
  • Compensation: $131,913
  • Related: $0
  • Other: $59,597

    • Charles Lucykow (Area Utility Leader)
  • Compensation: $132,456
  • Related: $0
  • Other: $50,822

    • Adam Crowe (Line Foreman)
  • Compensation: $133,138
  • Related: $0
  • Other: $48,234

    • John Halder (Line Foreman)
  • Compensation: $109,197
  • Related: $0
  • Other: $71,385

    • Peter Evans (Line Foreman)
  • Compensation: $110,131
  • Related: $0
  • Other: $68,956

    • Jeremy Pattillo (Director Of Fiannce)
  • Compensation: $84,533
  • Related: $0
  • Other: $30,396

    • Charles Huebener (Vice Chairman)
  • Compensation: $5,500
  • Related: $0
  • Other: $0

    • James Niemann (Director)
  • Compensation: $4,600
  • Related: $0
  • Other: $0

    • Marcie Tonsor (Secretary)
  • Compensation: $3,475
  • Related: $0
  • Other: $0

    • W Kay Schultz (Board Chairman)
  • Compensation: $3,300
  • Related: $0
  • Other: $0

    • Robert Lehmann (Director)
  • Compensation: $3,250
  • Related: $0
  • Other: $0

    • Dwayne Milner (Director)
  • Compensation: $3,050
  • Related: $0
  • Other: $0

    • Robert Moore (Treasurer)
  • Compensation: $3,025
  • Related: $0
  • Other: $0

    • Tyler Heyen (Director)
  • Compensation: $2,575
  • Related: $0
  • Other: $0


  • Official website here: www.mjmec.coop

    Where can I find the form 990 for M J M Electric Cooperative Inc?

    The M J M Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mjmec.coop

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

    Mission Statement of M J M Electric Cooperative Inc

    M J M Electric Cooperative Inc, a dedicated organization, is committed to delivering dependable energy and associated services to its members at the most affordable price point. The Cooperative's primary goal is to ensure a consistent energy supply and related offerings to its community, prioritizing affordability.

    In essence, M J M Electric Cooperative Inc serves as a trusted energy provider, striving to maintain a reliable power grid and offer various related services to its members. By focusing on cost efficiency, the Cooperative aims to provide its customers with the best possible value for their energy needs while keeping prices low.

    The Cooperative's mission extends beyond merely providing energy services. It is deeply rooted in the community it serves, working diligently to meet the unique energy requirements of its members. The organization's dedication to affordability and reliability sets it apart, making it an essential partner for its customers in managing their energy needs effectively.

    Impact

    This information is meant to be a general summary of M J M 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

    M J M Electric Cooperative Inc's impact is significant in providing reliable energy and related services to its members in west-central Illinois. By ensuring access to electricity at the lowest cost possible, the cooperative plays a critical role in supporting the daily lives and economic activities of individuals and businesses within its territory. Additionally, M J M Electric Cooperative Inc contributes to the overall well-being and development of the communities it serves in counties such as Jersey, Macoupin, Montgomery, Bond, Fayette, Greene, and Madison. Its mission to offer public benefit through its service demonstrates a commitment to enhancing the quality of life for its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $38,763
  • Program Service Revenue: $22,215,668
  • Gross Receipts: $22,459,172

    • Assets and Liabilities:
  • Total Assets: $62,951,279
  • Total Liabilities: $31,934,308
  • Net Assets: $31,016,971
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Sale of Electricity

    Revenue

    $21,655,563

    Capital Credits

    Revenue

    $377,396

    Penalties and Fees

    Revenue

    $182,709

    Organization Details

    Founding Year

    1939

    Principal Officer

    Robert Moore

    Main Address

    18300 SHIPMAN RD, CARLINVILLE, IL, 626262493

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of M J M 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.