Overview
What is Northern Neck Electric Cooperative?
Northern Neck Electric Cooperative is a nonprofit organization based in Warsaw, Virginia. With a team of 57 employees, their primary mission is to deliver safe and effective electricity to their cooperative members. The three largest expenditure areas for the cooperative include the cost of power, salaries and wages, and depreciation. By focusing on reliable electricity distribution, the cooperative ensures a better quality of life for the communities it serves.
Official website here: www.nnec.coop
Is Northern Neck Electric Cooperative legitimate?
Northern Neck Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northern Neck 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: $1,025,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,014,752
For more financial information, click here
Official website here: www.nnec.coop
What is the mission statement of Northern Neck Electric Cooperative?
The Northern Neck Electric Cooperative is dedicated to delivering safe and efficient electricity to its member base. This commitment to providing reliable power is encapsulated in the cooperative's mission statement. Through intricately planned operations, the Cooperative strives to ensure the consistent and secure distribution of electricity to its members. The cooperative's primary areas of focus, as indicated by its significant expenses, are the cost of power, salaries and wages, and depreciation. These investments reflect the organization's commitment to maintaining a robust and resilient electrical infrastructure, while also supporting its workforce and continually updating its equipment. The Northern Neck Electric Cooperative's mission extends beyond merely supplying electricity. It is a mission rooted in ensuring the well-being and satisfaction of its members, providing them with the essential energy they need to power their homes and businesses. Moreover, the cooperative continually strives to enhance its services and adapt to the evolving energy landscape. By focusing on safety, efficiency, and innovation, the Northern Neck Electric Cooperative is positioned to serve its members effectively while keeping pace with the latest advancements in the electrical industry. Overall, the Northern Neck Electric Cooperative is committed to providing its members with a dependable and high-quality electrical service, ensuring their daily lives are powered by safe and effective electricity.
Official website here: www.nnec.coop
Who is the CEO of Northern Neck Electric Cooperative?
Bradley H Hicks is the Ceo of Northern Neck Electric Cooperative. The CEO's salary of Northern Neck Electric Cooperative is $417,012 and their total compensation is $576,184.
Official website here: www.nnec.coop
What is the revenue of Northern Neck Electric Cooperative?
Northern Neck Electric Cooperative's revenue in 2022 was $44,340,026.
Official website here: www.nnec.coop
Who are the executives of Northern Neck Electric Cooperative and what are their salaries?
The average compensation at Northern Neck Electric Cooperative during 2022 was $105,973. There are 57 employees at Northern Neck Electric Cooperative.
Here are 14 key members and their salaries (Northern Neck Electric Cooperative's CEO's salary is $417,012 and their total compensation is $576,184):
- Bradley H Hicks (Ceo)
- James A Moss (Vp Operation)
- William Patrick Henry (Vp Engineeri)
- Valerie Hinson (Vp Corp Serv)
- Richard E Mclendon (Vp Member Se)
- Pamela M Davis (Vp Finance)
- John W Harhai (Foreman, Lin)
- Mary Catherine Jones (Director)
- Holly Wargo (Director)
- Russell G Brown (Vice Chairma) [Trustee/Director]
- Hunter R Greenlaw Jr (Chairman) [Trustee/Director]
- James A Wise (Secretary/Tr) [Trustee/Director]
- Ralph E Sutton (Director)
- Jason C Kenner (Director)
Official website here: www.nnec.coop
Where can I find the form 990 for Northern Neck Electric Cooperative?
The Northern Neck Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nnec.coop
Learn more at the official website: www.nnec.coop
Mission Statement of Northern Neck Electric Cooperative
Northern Neck Electric Cooperative, a dedicated organization, is committed to ensuring the safe and efficient delivery of electricity to its members. With a mission rooted in reliability and quality, this cooperative goes above and beyond to provide an uninterrupted power supply to its community.
The core focus of Northern Neck Electric Cooperative lies in its commitment to delivering electricity in a manner that prioritizes safety and effectiveness. By dedicating significant resources to this cause, the cooperative allocates the largest portions of its expenses towards the cost of power, salaries and wages, and depreciation. These investments allow the cooperative to maintain a robust electrical infrastructure, employ a skilled workforce, and continually update its technology to meet the evolving needs of its members.
In day-to-day operations, Northern Neck Electric Cooperative demonstrates its dedication to its mission by prioritizing preventative maintenance, upgrading its electrical infrastructure, and implementing advanced technologies to maintain a high level of service. Through its consistent efforts, the cooperative ensures that its members receive a reliable and uninterrupted source of electricity, fostering a sense of trust and security within the community.
Furthermore, Northern Neck Electric Cooperative is well-versed in the importance of safety in the electrical sector. By adhering to stringent safety protocols and rigorously training its staff, the cooperative minimizes the risk of power outages and ensures that its members' electrical systems are functioning optimally. This proactive approach to safety not only benefits the cooperative but also contributes to the overall well-being of the community it serves.
Overall, Northern Neck Electric Cooperative is a steadfast organization that is deeply committed to ensuring the safe and efficient delivery of electricity to its members. With a focus on preventative maintenance, advanced technologies, and a well-trained workforce, the cooperative is dedicated to providing a reliable and uninterrupted power supply, fostering a sense of trust and security within the community it serves.
Impact
This information is meant to be a general summary of Northern Neck Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Northern Neck Electric Cooperative's impact lies in its steadfast provision of safe and effective electricity distribution to its members. By ensuring reliable power delivery, the cooperative plays a crucial role in enhancing the quality of life for its community members. Through its core activities, such as managing costs of power, maintaining infrastructure, and providing employment opportunities, Northern Neck Electric Cooperative contributes to the economic vitality and well-being of the residents of Warsaw, VA, and the surrounding areas.
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 & DIST. OF ELECTRIC
Revenue
$41,072,181
CONT IN AID OF CONST
Revenue
$2,228,668
CASH PATRONAGE RECEIVED
Revenue
$43,732
Organization Details
Founding Year
1937
Phone
(804) 333-3621
Principal Officer
Bradley H Hicks
Main Address
PO BOX 288, WARSAW, VA, 22572
Website
www.nnec.coop
NTEE Category
Code: W80 - Public benefit
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