Overview
What is Community Electric Cooperative?
Community Electric Cooperative is a non-profit organization based in Windsor, Virginia, with a PO Box address (267, 23487). Their primary mission is to safely and effectively distribute electricity to their cooperative members. The organization's largest programs, accounting for a significant portion of their expenses, include the cost of power, salaries and wages, and depreciation and amortization. With a team of 48 employees, Community Electric Cooperative strives to ensure reliable access to electricity for its members.
Official website here: www.comelec.coop
Is Community Electric Cooperative legitimate?
Community Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Community 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: $1,101,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,812,284
For more financial information, click here
Official website here: www.comelec.coop
What is the mission statement of Community Electric Cooperative?
Community Electric Cooperative is dedicated to ensuring the safe and efficient delivery of electricity to its member base. This mission is reflected in the cooperative's major program accomplishments, with the largest expenses being attributed to the cost of power, salaries and wages, and depreciation and amortization. By prioritizing the reliable distribution of electricity, Community Electric Cooperative contributes to improving the daily lives and overall well-being of its members. Additionally, the cooperative is focused on ongoing efforts to maintain and upgrade infrastructure, ensuring the continuation of its essential service provision. Overall, Community Electric Cooperative's commitment to a consistent power supply plays a significant role in enhancing the quality of life for its members.
Official website here: www.comelec.coop
Who is the CEO of Community Electric Cooperative?
Steven A Harmon is the President An of Community Electric Cooperative.
Official website here: www.comelec.coop
What is the revenue of Community Electric Cooperative?
Community Electric Cooperative's revenue in 2022 was $28,858,797.
Official website here: www.comelec.coop
Who are the executives of Community Electric Cooperative and what are their salaries?
The average compensation at Community Electric Cooperative during 2022 was $81,528. There are 48 employees at Community Electric Cooperative.
Here are 17 key members and their salaries:
- Steven A Harmon (President An)
- Herman G Presson (Mgr Of Opera)
- Jonathan D Thompson (Coo)
- Danny T Beale (Lineman)
- Daryl Walls (Vp Of Bus De)
- Jonathan Powell (Lead Lineman)
- Danielle Beale (Mgr Of Accou)
- Daniel Hobson (Journeyman L)
- Jeannette S Everett (Chairman) [Trustee/Director]
- John W Stewart (Asst. Sec-Tr) [Trustee/Director]
- R Brian Jones Sr (Director)
- Douglas A Chesson (Director)
- Diana F Beale (Sec-Treas) [Trustee/Director]
- Michael A Faulk (Vice-Chairma) [Trustee/Director]
- Chad N Fowler (Director)
- Jason B Carr (Director)
- Kara D Hearn (Director)
Official website here: www.comelec.coop
Where can I find the form 990 for Community Electric Cooperative?
The Community Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.comelec.coop
Learn more at the official website: www.comelec.coop
Mission Statement of Community Electric Cooperative
Community Electric Cooperative, a dedicated organization, is committed to delivering safe and efficient electricity to its members. Established with a clear mission, the cooperative focuses on ensuring the reliable distribution of electrical power to enhance the daily lives of its members.
The core activity of Community Electric Cooperative revolves around the safe and effective delivery of electricity. This essential service is at the heart of the organization's mission, with the well-being and satisfaction of its members being the top priority. The cooperative accomplishes this by investing significantly in the cost of power, ensuring a consistent and uninterrupted supply of electricity to its members.
Three of the cooperative's largest program services, as indicated by expenses, are the cost of power, other salaries and wages, and depreciation and amortization. These investments reflect the organization's dedication to maintaining and upgrading its infrastructure, employing a skilled workforce, and ensuring the long-term sustainability of its operations. By focusing on these key areas, Community Electric Cooperative effectively meets the electrical needs of its members, providing them with the energy essential for modern living.
In summary, Community Electric Cooperative stands as a vital organization that prioritizes the safe and efficient distribution of electricity to its members. By investing in the necessary infrastructure, workforce, and long-term sustainability, it consistently delivers reliable power to enhance the daily lives of its members.
Impact
This information is meant to be a general summary of Community Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Community Electric Cooperative plays a crucial role in ensuring the safe and effective distribution of electricity to its members. By prioritizing the reliable delivery of power, Community Electric Cooperative directly impacts the quality of life and productivity of its member households and businesses in Windsor, VA. Additionally, the cooperative's services contribute to the overall economic development and sustainability of the community. Through its mission of safe and effective electricity distribution, Community Electric Cooperative fulfills a vital public benefit and fosters the well-being of 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.
SALE OF ELECTRICITY
Revenue
$26,450,116
CASH PATRONAGE RECEIVED
Revenue
$332,359
CONT. IN AID OF CONSTRUCT
Revenue
$267,665
Organization Details
Founding Year
1938
Phone
(757) 242-6181
Principal Officer
Steven A Harmon
Main Address
POST OFFICE BOX 267, WINDSOR, VA, 23487
Website
www.comelec.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Community 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.