Carroll Electric Membership Corporation

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

EIN: 580184715 ✦ Carrollton, GA ✦ Designated as a 501(c)(12)

Overview

What is Carroll Electric Membership Corporation?

Carroll Electric Membership Corporation, based in the West Georgia area, is a nonprofit organization that serves approximately 50,000 members by providing them with electricity in seven counties. Dedicated to delivering the best possible electric service to its community, Carroll EMC adheres to high standards yet strives to offer rates that are the lowest consistent with these service standards. Their mission is to ensure access to electric power for all who desire it within their service area.


Official website here: www.cemc.com

Is Carroll Electric Membership Corporation legitimate?

Carroll Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Carroll 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: $977,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cemc.com

What is the mission statement of Carroll Electric Membership Corporation?

Carroll Electric Membership Corporation is dedicated to delivering top-notch electric service to all those who desire it within its system, prioritizing affordability while maintaining high service standards. The corporation's mission is to provide the best possible electric service to its members, ensuring that access to electricity is available to everyone within its jurisdiction at a reasonable price. Carroll EMC serves approximately 50,000 members across seven counties in the West Georgia area.


Official website here: www.cemc.com

Who is the CEO of Carroll Electric Membership Corporation?

Timothy C Martin is the Chairman of Carroll Electric Membership Corporation. The CEO's salary of Carroll Electric Membership Corporation is $438,569 and their total compensation is $535,154.


Official website here: www.cemc.com

What is the revenue of Carroll Electric Membership Corporation?

Carroll Electric Membership Corporation's revenue in 2022 was $135,228,596.


Official website here: www.cemc.com

Who are the executives of Carroll Electric Membership Corporation and what are their salaries?

The average compensation at Carroll Electric Membership Corporation during 2022 was $6,266. There are 156 employees at Carroll Electric Membership Corporation.

Here are 15 key members and their salaries (Carroll Electric Membership Corporation's CEO's salary is $438,569 and their total compensation is $535,154):

    Timothy C Martin (Pres & Ceo)
  • Compensation: $438,569
  • Related: $0
  • Other: $96,585

    • Kevin J Johnston (Coo)
  • Compensation: $294,393
  • Related: $0
  • Other: $79,908

    • Jennifer Harmon (Vp., Fin. &)
  • Compensation: $233,848
  • Related: $0
  • Other: $63,927

    • Jay Gill (Svp Member S)
  • Compensation: $232,297
  • Related: $0
  • Other: $58,978

    • Kim Jennings (Vp Human Res)
  • Compensation: $216,327
  • Related: $0
  • Other: $50,404

    • James Layton (System Engin)
  • Compensation: $202,596
  • Related: $0
  • Other: $54,721

    • Max Goldin (Vice Chairma) [Trustee/Director]
  • Compensation: $64,407
  • Related: $0
  • Other: $0

    • Don Defoor (Director)
  • Compensation: $54,864
  • Related: $0
  • Other: $0

    • Lynn Joyner (Director)
  • Compensation: $50,787
  • Related: $0
  • Other: $0

    • Ronnie Jordan (Secretary-Tr) [Trustee/Director]
  • Compensation: $50,757
  • Related: $0
  • Other: $0

    • Eddie Gore (Chairman) [Trustee/Director]
  • Compensation: $47,214
  • Related: $0
  • Other: $0

    • Alvin Ginn (Director)
  • Compensation: $45,814
  • Related: $0
  • Other: $0

    • Emmett Harrod (Director)
  • Compensation: $45,558
  • Related: $0
  • Other: $0

    • Donnie Brannon (Director)
  • Compensation: $44,257
  • Related: $0
  • Other: $0

    • Nan Philpot (Director)
  • Compensation: $38,614
  • Related: $0
  • Other: $0


  • Official website here: www.cemc.com

    Where can I find the form 990 for Carroll Electric Membership Corporation?

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


    Official website here: www.cemc.com

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

    Mission Statement of Carroll Electric Membership Corporation

    Carroll Electric Membership Corporation, also known as Carroll EMC, is committed to delivering the finest electric service to every individual who desires it within its operational area, prioritizing affordability without compromising on high standards. The organization's mission is threefold: to provide, to serve, and to offer the best possible electric service at the most reasonable price, ensuring consistent excellence for its clients.

    Carroll EMC strives to go above and beyond in catering to the needs of its approximately 50,000 members spread across seven counties in the West Georgia region. By keeping prices low, the corporation makes reliable electricity accessible to all, regardless of their financial situation. The nonprofit organization's dedication to high standards ensures that every customer receives consistent, top-tier service, making their daily lives more comfortable and convenient.

    Carroll EMC's service area spans across a diverse region, and the corporation is deeply committed to exceeding the expectations of each and every one of its members. By offering exceptional electric service at affordable prices, Carroll EMC plays an essential role in enhancing the quality of life for thousands of families and individuals within its community.

    Impact

    This information is meant to be a general summary of Carroll 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

    Carroll Electric Membership Corporation, based in Carrollton, GA, has a significant impact on the West Georgia area by providing essential electricity services to approximately 50,000 members across seven counties. Their mission to offer the best possible electric service at the lowest price while maintaining high standards directly benefits households and businesses in the region. Through their commitment to public benefit, Carroll EMC plays a crucial role in supporting the daily operations and quality of life for the communities they serve.





    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: $406,899
  • Program Service Revenue: $134,807,297
  • Gross Receipts: $135,228,596

    • Assets and Liabilities:
  • Total Assets: $296,778,132
  • Total Liabilities: $167,327,422
  • Net Assets: $129,450,710
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $131,926,338

    POLE RENTAL

    Revenue

    $2,344,230

    OTHER CAPITAL CREDITS

    Revenue

    $536,729

    Organization Details

    Founding Year

    1936

    Principal Officer

    Timothy C Martin

    Main Address

    155 N HWY 113, CARROLLTON, GA, 30117

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Carroll 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.