Haywood Electric Membership Corporation

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

EIN: 560193499 ✦ Waynesville, NC ✦ Designated as a 501(c)(12)

Overview

What is Haywood Electric Membership Corporation?

Haywood Electric Membership Corporation is a North Carolina-based nonprofit organization located at 376 Grindstone Road, Waynesville, with a ZIP code of 28785. Dedicated to providing the highest quality electric service to all who desire it within their system area, the corporation prides itself on delivering this essential utility at a reasonable cost. With a workforce of 85 employees, the organization remains committed to upholding the highest standards of service in their community.


Is Haywood Electric Membership Corporation legitimate?

Haywood Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Haywood Electric Membership Corporation 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: $724,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Haywood Electric Membership Corporation?
Who is the CEO of Haywood Electric Membership Corporation?
What is the revenue of Haywood Electric Membership Corporation?
Who are the executives of Haywood Electric Membership Corporation and what are their salaries?
Where can I find the form 990 for Haywood Electric Membership Corporation?

Mission Statement of Haywood Electric Membership Corporation

Haywood Electric Membership Corporation, a dedicated electric service provider, is committed to delivering the best possible electric service to all those who seek it within its system area. With a focus on reasonableness and consistency, the organization strives to uphold the highest standards of service.

In their mission to serve, Haywood Electric Membership Corporation sets out to provide top-notch electric service for all, regardless of location within their system area. They believe that everyone deserves reliable and efficient electricity, and they work tirelessly to ensure that this goal is met at a cost that is fair and justifiable. By maintaining a high level of commitment to customer satisfaction, the organization continues to make a positive impact on the communities it serves.

At the core of their operations, Haywood Electric Membership Corporation remains dedicated to the principle of delivering the best possible electric service. This commitment is evident in their day-to-day efforts to maintain a strong and dependable electrical infrastructure, as well as their ongoing investments in new technologies and innovative solutions to address the evolving needs of their customers. With a team of skilled professionals, the organization is well-equipped to handle any challenges that come their way, all while maintaining a customer-centric approach.

Impact

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




Thursday, August 15, 2024

Haywood Electric Membership Corporation's impact is significant in providing the best possible electric service to all individuals within its system area at a reasonable cost while maintaining the highest standards of service. This organization plays a crucial role in ensuring access to reliable electricity for its customers in Waynesville, NC. By fulfilling its mission diligently, Haywood Electric Membership Corporation positively impacts the community by meeting the essential need for electricity in a sustainable and affordable manner.





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: $274,882
  • Program Service Revenue: $51,715,143
  • Gross Receipts: $51,996,858

    • Assets and Liabilities:
  • Total Assets: $169,931,039
  • Total Liabilities: $113,584,119
  • Net Assets: $56,346,920
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $50,707,270

    POLE RENTAL INCOME

    Revenue

    $601,755

    PATRONAGE CAPITAL

    Revenue

    $406,118

    Organization Details

    Founding Year

    1938

    Principal Officer

    Thomas H Batchelor Jr

    Main Address

    376 GRINDSTONE ROAD, WAYNESVILLE, NC, 28785

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Haywood Electric Membership Corporation 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.