Aiken Electric Cooperative Inc

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

EIN: 570113065 ✦ Aiken, SC ✦ Designated as a 501(c)(12)

Overview

What is Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc is a nonprofit organization committed to delivering reliable and competitively priced energy and services that cater to the needs of its members. They focus on providing the best electric service in their area while maintaining high standards.


Official website here: www.aikenco-op.org

Is Aiken Electric Cooperative Inc legitimate?

Aiken Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Aiken Electric Cooperative Inc 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: $922,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aikenco-op.org

What is the mission statement of Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc is dedicated to delivering reliable and competitively priced energy and services to its membership. The company aspires to offer the best electric service in its area while maintaining high standards of quality. Its primary goal is to meet the energy needs and desires of its customer base. The team at Aiken Electric Cooperative Inc continually works to provide energy solutions that cater to the preferences of its community. By focusing on reliability and affordability, the cooperative strives to enhance the living experience of its members.


Official website here: www.aikenco-op.org

Who is the CEO of Aiken Electric Cooperative Inc?

Gary L Stooksbury is the President of Aiken Electric Cooperative Inc. The CEO's salary of Aiken Electric Cooperative Inc is $418,727 and their total compensation is $624,715.


Official website here: www.aikenco-op.org

What is the revenue of Aiken Electric Cooperative Inc?

Aiken Electric Cooperative Inc's revenue in 2022 was $129,207,135.


Official website here: www.aikenco-op.org

Who are the executives of Aiken Electric Cooperative Inc and what are their salaries?

The average compensation at Aiken Electric Cooperative Inc during 2022 was $5,914. There are 156 employees at Aiken Electric Cooperative Inc.

Here are 18 key members and their salaries (Aiken Electric Cooperative Inc's CEO's salary is $418,727 and their total compensation is $624,715):

    Gary L Stooksbury (Ceo)
  • Compensation: $418,727
  • Related: $0
  • Other: $205,988

    • Dan Garman (Vp Engineeri)
  • Compensation: $232,462
  • Related: $0
  • Other: $205,864

    • April Collins (Vp Finance A)
  • Compensation: $157,025
  • Related: $0
  • Other: $141,165

    • William Inman (Vp Strategic)
  • Compensation: $192,922
  • Related: $0
  • Other: $100,232

    • Nicholas Stoker (Sr. Substati)
  • Compensation: $157,709
  • Related: $0
  • Other: $70,099

    • Casey Grice (Crew Chief)
  • Compensation: $167,415
  • Related: $0
  • Other: $49,221

    • Vincent Furtick Jr (Trustee)
  • Compensation: $49,393
  • Related: $1,500
  • Other: $0

    • Scott Riddle (Trustee)
  • Compensation: $44,860
  • Related: $2,025
  • Other: $0

    • O Frank Dorn (Trustee)
  • Compensation: $37,886
  • Related: $1,500
  • Other: $0

    • James E Stewart Jr (Trustee)
  • Compensation: $30,836
  • Related: $1,500
  • Other: $0

    • Dana Moseley (Trustee)
  • Compensation: $30,078
  • Related: $1,500
  • Other: $0

    • Robert Curry (Vice Preside) [Trustee/Director]
  • Compensation: $29,907
  • Related: $1,000
  • Other: $0

    • Charles Sanders Jr (Assistant Se) [Trustee/Director]
  • Compensation: $22,977
  • Related: $1,500
  • Other: $0

    • Otis Dewitt Livingston (Trustee)
  • Compensation: $18,578
  • Related: $1,500
  • Other: $0

    • J Strom Thurmond Jr (President) [Trustee/Director]
  • Compensation: $17,470
  • Related: $1,550
  • Other: $0

    • Linda Bramlett (Secretary/Tr) [Trustee/Director]
  • Compensation: $15,884
  • Related: $1,500
  • Other: $0

    • Wayne Furtick (Former Trust)
  • Compensation: $11,552
  • Related: $0
  • Other: $0

    • Theo R Williams (Former Trust)
  • Compensation: $11,251
  • Related: $0
  • Other: $0


  • Official website here: www.aikenco-op.org

    Where can I find the form 990 for Aiken Electric Cooperative Inc?

    The Aiken Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aikenco-op.org

    Learn more at the official website: www.aikenco-op.org

    Mission Statement of Aiken Electric Cooperative Inc

    Aiken Electric Cooperative Inc is committed to delivering reliable and competitively priced energy and additional services that cater to the preferences of its membership. The cooperative works diligently to offer the finest electric service in its area, all while maintaining a strong commitment to quality. By prioritizing its members' needs, Aiken Electric Cooperative Inc aims to build trust and foster long-lasting relationships.

    The cooperative's primary focus is to ensure a consistent energy supply, offering its members peace of mind and stability. By providing competitively priced services, Aiken Electric Cooperative Inc shows its dedication to helping its members save on their energy expenses. The cooperative's ultimate goal is to exceed member expectations and contribute to their overall satisfaction.

    Aiken Electric Cooperative Inc is more than just an energy provider; it is a trusted partner to its members. By consistently providing reliable services, the cooperative has earned a reputation for excellence in its field. The team at Aiken Electric Cooperative Inc is dedicated to ensuring that every member's needs are met, ensuring that they can power their homes and businesses efficiently and effectively.

    Impact

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




    Thursday, August 15, 2024

    Aiken Electric Cooperative Inc's impact lies in providing reliable and competitively priced energy and other services desired by its membership. By striving to deliver the best possible electric service in its area while upholding high standards of service, Aiken Electric Cooperative Inc contributes to the well-being and satisfaction of its community members. Through its commitment to fulfilling the energy needs of its members, the cooperative plays a significant role in supporting the local economy and enhancing the quality of life for individuals and businesses in the Aiken area.





    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: $3,197,629
  • Program Service Revenue: $128,660,485
  • Gross Receipts: $129,207,135

    • Assets and Liabilities:
  • Total Assets: $416,693,144
  • Total Liabilities: $290,039,577
  • Net Assets: $126,653,567
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $125,479,353

    OTHER CAPITAL CREDITS

    Revenue

    $2,980,220

    POLE RENTAL

    Revenue

    $200,912

    Organization Details

    Founding Year

    1938

    Principal Officer

    Gary L Stooksbury

    Main Address

    PO BOX 417, AIKEN, SC, 29802

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Aiken Electric Cooperative Inc 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.