A & N Electric Cooperative

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

EIN: 540116855 ✦ Tasley, VA ✦ Designated as a 501(c)(12)

Overview

What is A & N Electric Cooperative?

A & N Electric Cooperative is a nonprofit organization based in Tasley, Virginia. Their primary mission is to ensure reliable and safe electricity delivery to their cooperative members. With a team of 87 employees, their operations include significant expenses on the cost of power, depreciation, and salaries and wages. They are dedicated to providing efficient electric services to their community.


Official website here: www.anec.com

Is A & N Electric Cooperative legitimate?

A & N Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. A & N Electric Cooperative 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: $1,446,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,605,142

For more financial information, click here


Official website here: www.anec.com

What is the mission statement of A & N Electric Cooperative?

A & N Electric Cooperative is committed to ensuring the safe and efficient delivery of electricity to its members. This cooperative prioritizes the provision of reliable power to enhance the daily lives of those it serves. The core activities of the cooperative are centered around the cost of power, depreciation, and salaries and wages, as indicated by the three largest program services. The cooperative's primary mission is to maintain a robust and effective electrical infrastructure to ensure consistent power delivery to its members. Additionally, the cooperative focuses on continuous improvement and innovation to provide enhanced value and satisfaction to its customer base.


Official website here: www.anec.com

Who is the CEO of A & N Electric Cooperative?

Ralph W Dodd is the President & of A & N Electric Cooperative.


Official website here: www.anec.com

What is the revenue of A & N Electric Cooperative?

A & N Electric Cooperative's revenue in 2022 was $86,304,717.


Official website here: www.anec.com

Who are the executives of A & N Electric Cooperative and what are their salaries?

The average compensation at A & N Electric Cooperative during 2022 was $92,553. There are 87 employees at A & N Electric Cooperative.

Here are 19 key members and their salaries:

    Belvin Williamson Jr (President &)
  • Compensation: $337,090
  • Related: $0
  • Other: $244,401

    • Shawn Hildebrand (Vp - Corp Sv)
  • Compensation: $205,981
  • Related: $0
  • Other: $68,680

    • Todd Bireley (Vp Eng & Tec)
  • Compensation: $177,769
  • Related: $0
  • Other: $69,192

    • Roger Blizzard (Vp Hr & Empl)
  • Compensation: $179,848
  • Related: $0
  • Other: $63,174

    • Dana Penney (Director, Ac)
  • Compensation: $152,880
  • Related: $0
  • Other: $73,042

    • Kenneth E Thornton (Serviceman)
  • Compensation: $159,605
  • Related: $0
  • Other: $43,941

    • Joe Cataldo (Vp Ops & Con)
  • Compensation: $172,014
  • Related: $0
  • Other: $30,025

    • Wade Shrieves Jr (Lineman)
  • Compensation: $149,056
  • Related: $0
  • Other: $36,554

    • James Parker (Chief Linema)
  • Compensation: $147,860
  • Related: $0
  • Other: $25,892

    • Addison W Nottingham Jr (Chairman) [Trustee/Director]
  • Compensation: $22,816
  • Related: $0
  • Other: $0

    • Ralph W Dodd (Sec/Treas) [Trustee/Director]
  • Compensation: $21,099
  • Related: $0
  • Other: $0

    • James N Belote Iii (Director)
  • Compensation: $20,100
  • Related: $0
  • Other: $0

    • Penney P Holland (Director)
  • Compensation: $18,650
  • Related: $0
  • Other: $0

    • E Garrison Drummond (Director)
  • Compensation: $14,800
  • Related: $0
  • Other: $0

    • Christopher D Bott (Vice Chairma) [Trustee/Director]
  • Compensation: $13,550
  • Related: $0
  • Other: $0

    • W Edward Shockley Iii (Director)
  • Compensation: $12,900
  • Related: $0
  • Other: $0

    • Edward V Parks Jr (Director)
  • Compensation: $7,600
  • Related: $0
  • Other: $0

    • Mark A Hickman (Director)
  • Compensation: $7,200
  • Related: $0
  • Other: $0

    • Robert L Nock (Director)
  • Compensation: $3,100
  • Related: $0
  • Other: $0


  • Official website here: www.anec.com

    Where can I find the form 990 for A & N Electric Cooperative?

    The A & N Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.anec.com

    Learn more at the official website: www.anec.com

    Mission Statement of A & N Electric Cooperative

    A & N Electric Cooperative is dedicated to delivering safe and effective electricity to its cooperative members. This mission is at the heart of the organization's activities, ensuring that every household and business connected to its power grid receives a reliable supply of electricity.

    The cooperative's primary focus lies in the meticulous and secure distribution of electricity to its members. It invests significantly in the cost of power and depreciation to maintain the infrastructure required for this essential service. Furthermore, the cooperative places great importance on the salary and wages of its staff, recognizing that a well-trained and motivated team is crucial for achieving its mission.

    In essence, A & N Electric Cooperative's mission is to provide its members with a consistent and dependable source of electricity, enabling them to maintain a comfortable standard of living and support their daily activities. By prioritizing safety and effectiveness, the cooperative fosters a strong sense of trust and satisfaction among its members.

    Impact

    This information is meant to be a general summary of A & N Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    A & N Electric Cooperative plays a crucial role in ensuring the safe and effective distribution of electricity to its members. By providing reliable electricity services, the cooperative contributes to the well-being and functionality of the community it serves. This impact is particularly significant in enabling households, businesses, and essential services to operate efficiently and effectively. Through its mission of safe and effective distribution of electricity, A & N Electric Cooperative directly enhances the quality of life for its members in Tasley, VA, and contributes to the overall public benefit.





    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: $277,819
  • Program Service Revenue: $85,439,423
  • Gross Receipts: $86,331,126

    • Assets and Liabilities:
  • Total Assets: $215,060,644
  • Total Liabilities: $133,828,019
  • Net Assets: $81,232,625
  • Programs

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

    SALE AND DIST. OF ELECTRICITY

    Revenue

    $83,656,275

    CIAC

    Revenue

    $835,577

    MAINTENANCE AGREEMENT

    Revenue

    $593,668

    CASH PATRONAGE RECEIVED

    Revenue

    $353,903

    Organization Details

    Founding Year

    1940

    Principal Officer

    Ralph W Dodd

    Main Address

    PO BOX 290, TASLEY, VA, 23441

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of A & N Electric Cooperative 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.