Pee Dee Electric Cooperative Inc

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

EIN: 570223728 ✦ Darlington, SC ✦ Designated as a 501(c)(12)

Overview

What is Pee Dee Electric Cooperative Inc?

Pee Dee Electric Cooperative Inc is a nonprofit organization dedicated to delivering high-quality electric services to those who seek it within their designated service area. Committed to affordability, they aim to provide power at reasonable costs, maintaining the highest standards of service. The mission of Pee Dee Electric Cooperative Inc is to ensure a dependable electric service experience for all its members.


Official website here: www.peedeeelectric.com

Is Pee Dee Electric Cooperative Inc legitimate?

Pee Dee Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pee Dee 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: $216,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,639,945

For more financial information, click here


Official website here: www.peedeeelectric.com

What is the mission statement of Pee Dee Electric Cooperative Inc?

Pee Dee Electric Cooperative Inc is dedicated to delivering superior electric service to all who seek it within its operational area. The cooperative strives to maintain this commitment at a reasonable cost, upholding the highest service standards. In essence, its mission is to ensure reliable and affordable electric service for its customer base. By providing consistent, top-quality electricity, Pee Dee Electric Cooperative Inc aims to earn the trust and satisfaction of its community. Additionally, the cooperative may engage in various initiatives and projects to enhance its service offerings and community engagement.


Official website here: www.peedeeelectric.com

Who is the CEO of Pee Dee Electric Cooperative Inc?

William L Fleming Jr is the Chairman of Pee Dee Electric Cooperative Inc. The CEO's salary of Pee Dee Electric Cooperative Inc is $0 and their total compensation is $0.


Official website here: www.peedeeelectric.com

What is the revenue of Pee Dee Electric Cooperative Inc?

Pee Dee Electric Cooperative Inc's revenue in 2022 was $97,590,031.


Official website here: www.peedeeelectric.com

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

Here are 11 key members and their salaries (Pee Dee Electric Cooperative Inc's CEO's salary is $0 and their total compensation is $0):

    James A Goodson Jr (Chairman) [Trustee/Director]
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Preston Gainey (Vice Chair () [Trustee/Director]
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Frederick Lashon Sellers (Vice Chair () [Trustee/Director]
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Patricia Thomas-Toney (Sec./Treas) [Trustee/Director]
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • David Howell (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Robert Norton (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Hamer Parnell (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • William F Rogers Jr (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Don Teal (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • Lee White (Trustee)
  • Compensation: $21,600
  • Related: $0
  • Other: $0

    • William L Fleming Jr (Ceo,Emp Mpd()
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.peedeeelectric.com

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

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


    Official website here: www.peedeeelectric.com

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

    Mission Statement of Pee Dee Electric Cooperative Inc

    Pee Dee Electric Cooperative Inc is dedicated to delivering superior electric service to all those who seek it within their operational area. With a commitment to reasonableness and the highest standards in mind, this cooperative strives to ensure the best possible electric service for its customers.

    In essence, Pee Dee Electric Cooperative Inc aims to bring reliable and affordable electricity to every individual and household within its jurisdiction. By focusing on delivering a high-quality service, the cooperative is able to make a significant impact on the daily lives of its clients, enabling them to thrive and connect with their communities.

    Moreover, Pee Dee Electric Cooperative Inc's mission goes beyond simply providing electricity. They are dedicated to ensuring that the service they offer is consistent with the expectations of their customers, offering a level of reliability and affordability that sets them apart. By remaining committed to this mission and delivering on its promises, Pee Dee Electric Cooperative Inc has built a solid reputation as a trusted and reliable provider of electric services within its operational area.

    Impact

    This information is meant to be a general summary of Pee Dee 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

    Pee Dee Electric Cooperative Inc's impact lies in providing reliable and affordable electric service to all who desire it within the system area at the highest standards of service. By ensuring access to electricity at a reasonable cost, Pee Dee Electric Cooperative Inc contributes to the well-being and advancement of the community it serves in Darlington, SC. This impact is essential for supporting economic activities, enhancing quality of life, and fostering overall development in 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: $146,860
  • Program Service Revenue: $96,461,542
  • Gross Receipts: $97,590,031

    • Assets and Liabilities:
  • Total Assets: $120,633,873
  • Total Liabilities: $18,981,410
  • Net Assets: $101,652,463
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $94,701,612

    PATRONAGE CAPITAL CREDITS

    Revenue

    $1,326,311

    POLE RENTAL

    Revenue

    $419,145

    MISCELLANEOUS REVENUE

    Revenue

    $14,474

    Organization Details

    Founding Year

    1939

    Principal Officer

    William L Fleming Jr

    Main Address

    PO BOX 491, DARLINGTON, SC, 29540

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Pee Dee 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.