Santee Electric Cooperative Inc

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

EIN: 570240935 ✦ Kingstree, SC ✦ Designated as a 501(c)(12)

Overview

What is Santee Electric Cooperative Inc?

Santee Electric Cooperative Inc is a nonprofit organization dedicated to delivering quality energy services to its members at competitive prices, ensuring sustainable business practices. Beyond meeting the energy needs of its community, the cooperative actively enriches the lives of its service area residents by supporting economic, civic, and educational initiatives. Led by Billy L Morris JR, the cooperative is committed to fostering a thriving community.


Official website here: www.santee.org

Is Santee Electric Cooperative Inc legitimate?

Santee Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Santee 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: $769,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,171,321

For more financial information, click here


Official website here: www.santee.org

What is the mission statement of Santee Electric Cooperative Inc?

Santee Electric Cooperative aims to deliver quality energy services and products to its members at competitive prices, adhering to sound business practices. The cooperative goes beyond providing energy, as it also seeks to enhance the quality of life in its community. It supports economic, civic, and educational opportunities to create a positive impact in the area. Santee Electric Cooperative takes an active role in contributing to the development of the community it serves.


Official website here: www.santee.org

Who is the CEO of Santee Electric Cooperative Inc?

Billy L Morris Jr is the Chairman of Santee Electric Cooperative Inc.


Official website here: www.santee.org

What is the revenue of Santee Electric Cooperative Inc?

Santee Electric Cooperative Inc's revenue in 2022 was $137,026,293.


Official website here: www.santee.org

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

The average compensation at Santee Electric Cooperative Inc during 2022 was $81,484. There are 122 employees at Santee Electric Cooperative Inc.

Here are 15 key members and their salaries:

    Robert Ardis Iii (President &)
  • Compensation: $333,392
  • Related: $0
  • Other: $164,222

    • Robert F Higbe Iii (Vp-Engineeri)
  • Compensation: $199,106
  • Related: $0
  • Other: $109,027

    • Ronald A Johnson (Vp-Operation)
  • Compensation: $170,177
  • Related: $0
  • Other: $95,826

    • James R Cooper (Vice Preside)
  • Compensation: $162,952
  • Related: $0
  • Other: $86,361

    • John Matthews (Foreman)
  • Compensation: $138,012
  • Related: $0
  • Other: $63,294

    • James Kirby (Vp-Public Af)
  • Compensation: $148,837
  • Related: $0
  • Other: $29,618

    • Stanley Pasley (Sec-Treas) [Trustee/Director]
  • Compensation: $41,348
  • Related: $0
  • Other: $0

    • Billy L Morris Jr (Chairman) [Trustee/Director]
  • Compensation: $40,156
  • Related: $0
  • Other: $0

    • Andy D Mcknight (Trustee)
  • Compensation: $38,560
  • Related: $0
  • Other: $0

    • Donald E Coker (Assistant Se) [Trustee/Director]
  • Compensation: $37,143
  • Related: $0
  • Other: $0

    • Dudley Musier (Trustee)
  • Compensation: $27,326
  • Related: $0
  • Other: $0

    • Allen Nesmith (Vice Chairma) [Trustee/Director]
  • Compensation: $27,042
  • Related: $0
  • Other: $0

    • Walter Sanders (Trustee)
  • Compensation: $25,027
  • Related: $0
  • Other: $0

    • William Floyd (Second Vice) [Trustee/Director]
  • Compensation: $23,540
  • Related: $0
  • Other: $0

    • Harry Walters (Trustee)
  • Compensation: $12,018
  • Related: $0
  • Other: $0


  • Official website here: www.santee.org

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

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


    Official website here: www.santee.org

    Learn more at the official website: www.santee.org

    Mission Statement of Santee Electric Cooperative Inc

    Santee Electric Cooperative, a dedicated organization, works tirelessly to deliver top-notch energy services and products to its members at affordable prices, grounded in sound business practices. The cooperative's primary goal is to cater to the energy requirements of its members while simultaneously enhancing the overall quality of life in the community.

    To fulfill this mission, Santee Electric Cooperative supports various economic, civic, and educational initiatives. By doing so, it strives to create a thriving and vibrant community where its members can flourish. Led by Billy L Morris JR, the cooperative is committed to maintaining a competitive edge in the energy sector while prioritizing the welfare of its members and the community at large.

    Santee Electric Cooperative is more than just an energy provider; it is a community partner. It understands that providing reliable energy services is essential, but it goes beyond that to make a positive impact on the lives of its members. Through its unwavering dedication and support for various causes, the cooperative is truly making a difference in the lives of those it serves.

    Impact

    This information is meant to be a general summary of Santee 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

    Santee Electric Cooperative Inc impacts the community by providing quality service and products to meet the energy needs of its members at a competitive price. Additionally, the cooperative enhances the quality of life in its service area by supporting economic, civic, and educational opportunities. This contributes to the overall well-being and development of the community served by Santee Electric Cooperative Inc.





    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: $429,771
  • Program Service Revenue: $136,520,455
  • Gross Receipts: $137,026,293

    • Assets and Liabilities:
  • Total Assets: $268,330,133
  • Total Liabilities: $172,905,216
  • Net Assets: $95,424,917
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $134,490,261

    G & T CAPITAL CREDITS

    Revenue

    $788,611

    OTHER CAPITAL CREDITS

    Revenue

    $630,911

    POLE RENTAL

    Revenue

    $610,672

    Organization Details

    Founding Year

    1939

    Principal Officer

    Billy L Morris Jr

    Main Address

    PO BOX 548, KINGSTREE, SC, 29556

    NTEE Category

    Code: W80 - Public benefit

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