Surry-Yadkin Electric Membership Corporation

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

EIN: 560421795 ✦ Dobson, NC ✦ Designated as a 501(c)(12)

Overview

What is Surry-Yadkin Electric Membership Corporation?

Surry-Yadkin Electric Membership Corporation is a North Carolina-based nonprofit organization, located in Dobson, with a PO Box address (305, 270170305). Their mission is to provide exceptional electric service to all residents within their service area, ensuring a reasonable cost while maintaining the highest standards. With a team of 81 employees, they strive to deliver outstanding electricity services that power rural communities.


Official website here: www.syemc.com

Is Surry-Yadkin Electric Membership Corporation legitimate?

Surry-Yadkin Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Surry-Yadkin 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: $601,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.syemc.com

What is the mission statement of Surry-Yadkin Electric Membership Corporation?

Surry-Yadkin Electric Membership Corporation is committed to delivering excellent electric service to all those who wish to avail it within its service area. The corporation's mission is to ensure that the electric service provided is of the highest standards and offered at a reasonable cost. The primary goal is to meet the expectations of the community by providing reliable and consistent electric service. The team at Surry-Yadkin Electric Membership Corporation is dedicated to maintaining a strong infrastructure to sustain the electric grid and ensure uninterrupted power supply, ultimately enhancing the quality of life for its customers. By focusing on customer satisfaction and reasonable pricing, the corporation is able to maintain a strong bond with the community, fostering trust and loyalty.


Official website here: www.syemc.com

Who is the CEO of Surry-Yadkin Electric Membership Corporation?

William Gregory Puckett is the Executive Vp of Surry-Yadkin Electric Membership Corporation.


Official website here: www.syemc.com

What is the revenue of Surry-Yadkin Electric Membership Corporation?

Surry-Yadkin Electric Membership Corporation's revenue in 2022 was $60,388,840.


Official website here: www.syemc.com

Who are the executives of Surry-Yadkin Electric Membership Corporation and what are their salaries?

The average compensation at Surry-Yadkin Electric Membership Corporation during 2022 was $7,422. There are 81 employees at Surry-Yadkin Electric Membership Corporation.

Here are 16 key members and their salaries:

    William Gregory Puckett (Executive Vp)
  • Compensation: $302,925
  • Related: $0
  • Other: $111,566

    • Misty Utt (Vp Of Financ)
  • Compensation: $161,133
  • Related: $0
  • Other: $68,127

    • Ricky Bowman (Vp Of Operat)
  • Compensation: $149,664
  • Related: $0
  • Other: $66,907

    • Richard Bryon Kennedy (Vp Of Mbr Sr)
  • Compensation: $142,598
  • Related: $0
  • Other: $47,237

    • Micah Mills (Manager Of O)
  • Compensation: $121,933
  • Related: $0
  • Other: $58,331

    • Sam Kidd (Engineering)
  • Compensation: $124,249
  • Related: $0
  • Other: $47,965

    • Lee Von Speaks (Director)
  • Compensation: $23,220
  • Related: $0
  • Other: $0

    • Karoline Overby (President) [Trustee/Director]
  • Compensation: $20,580
  • Related: $0
  • Other: $0

    • Eddie Campbell (Vice Preside) [Trustee/Director]
  • Compensation: $18,600
  • Related: $0
  • Other: $0

    • Brenda Hardy (Secretary) [Trustee/Director]
  • Compensation: $18,600
  • Related: $0
  • Other: $0

    • Stephen Hutson (Director)
  • Compensation: $18,600
  • Related: $0
  • Other: $0

    • David Pendry (Director)
  • Compensation: $18,600
  • Related: $0
  • Other: $0

    • Alvin Reid Jr (Director)
  • Compensation: $17,940
  • Related: $0
  • Other: $0

    • Stephen Joyce (Director)
  • Compensation: $17,280
  • Related: $0
  • Other: $0

    • David Miller (Treasurer) [Trustee/Director]
  • Compensation: $17,280
  • Related: $0
  • Other: $0

    • Willard Swift (Director)
  • Compensation: $15,960
  • Related: $0
  • Other: $0


  • Official website here: www.syemc.com

    Where can I find the form 990 for Surry-Yadkin Electric Membership Corporation?

    The Surry-Yadkin Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.syemc.com

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

    Mission Statement of Surry-Yadkin Electric Membership Corporation

    Surry-Yadkin Electric Membership Corporation, also known as Surry-Yadkin EMC, is dedicated to delivering superior electric service to the rural communities it serves. The organization's mission is to provide the best possible electric service to all those who desire it within its system service area, ensuring the highest standards of service are maintained at a reasonable cost.

    Surry-Yadkin EMC actively strives to meet the electricity needs of its customers with dedication and commitment. Its team of professionals works tirelessly to ensure a reliable and consistent power supply, enabling the communities it serves to thrive. The corporation places great importance on the quality of its electric service, striving to exceed expectations and maintain the trust of its customers.

    The primary goal of Surry-Yadkin EMC is to provide electricity that is not only dependable but also cost-effective for its customers. By consistently adhering to the highest standards of service, the corporation aims to build strong relationships with its community members and ensure their satisfaction with the electric service they receive. The mission of Surry-Yadkin EMC is to power the lives of its rural communities, providing them with the necessary electricity to support their daily activities and foster growth and development.

    Impact

    This information is meant to be a general summary of Surry-Yadkin 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

    Surry-Yadkin Electric Membership Corporation plays a key role in powering rural communities by providing outstanding electric service to its customers. The corporation's mission is to offer the best possible service to all residents within its service area at a reasonable cost while upholding the highest standards of service quality. This commitment has a direct impact on the daily lives of individuals and businesses in the community, ensuring reliable access to electricity for essential needs and contributing to the overall well-being and development of the region.





    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: $273,638
  • Program Service Revenue: $59,911,943
  • Gross Receipts: $60,388,840

    • Assets and Liabilities:
  • Total Assets: $165,218,021
  • Total Liabilities: $102,012,289
  • Net Assets: $63,205,732
  • Programs

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

    ELECTRIC SERVICE REVENUE

    Revenue

    $58,684,691

    G & T CAPITAL CREDITS

    Revenue

    $892,151

    POLE RENTAL

    Revenue

    $170,403

    OTHER CAPITAL CREDITS

    Revenue

    $164,698

    Organization Details

    Founding Year

    1940

    Principal Officer

    William Gregory Puckett

    Main Address

    PO BOX 305, DOBSON, NC, 270170305

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Surry-Yadkin 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.