Colquitt Electric Membership Corporation

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

EIN: 580201495 ✦ Moultrie, GA ✦ Designated as a 501(c)(12)

Overview

What is Colquitt Electric Membership Corporation?

Colquitt Electric Membership Corporation is a nonprofit organization based in Moultrie, Georgia. With a team of 197 employees, they are dedicated to providing top-tier electric services to residents and businesses within their system area, ensuring a reasonable cost that aligns with exceptional service standards. The corporation's primary mission is selling electricity and offering associated services as a rural electric cooperative.


Official website here: www.colquittemc.com

Is Colquitt Electric Membership Corporation legitimate?

Colquitt Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Colquitt 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: $818,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.colquittemc.com

What is the mission statement of Colquitt Electric Membership Corporation?

Colquitt Electric Membership Corporation is committed to delivering the best possible electric service to all those who desire it within its system area. This rural electric cooperative prioritizes reasonable costs in providing top-notch electric services that meet the highest standards. Their mission is to ensure reliable and efficient electricity supply while staying consistent with affordable pricing. The cooperative's dedication to customer satisfaction and excellence is reflected in its unwavering commitment to delivering high-quality electric services to its members.


Official website here: www.colquittemc.com

Who is the CEO of Colquitt Electric Membership Corporation?

Daniel Nichols is the President/Ce of Colquitt Electric Membership Corporation.


Official website here: www.colquittemc.com

What is the revenue of Colquitt Electric Membership Corporation?

Colquitt Electric Membership Corporation's revenue in 2022 was $169,746,610.


Official website here: www.colquittemc.com

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

The average compensation at Colquitt Electric Membership Corporation during 2022 was $4,153. There are 197 employees at Colquitt Electric Membership Corporation.

Here are 14 key members and their salaries:

    Daniel Nichols (President/Ce)
  • Compensation: $452,209
  • Related: $0
  • Other: $107,752

    • Douglas Loftis (Coo)
  • Compensation: $225,269
  • Related: $0
  • Other: $58,196

    • Charles Tucker (Vp Of Engine)
  • Compensation: $199,072
  • Related: $0
  • Other: $69,711

    • Brenda Aldridge (Cfo)
  • Compensation: $172,898
  • Related: $0
  • Other: $64,525

    • Jeffery Patterson (Vp Informati)
  • Compensation: $158,867
  • Related: $0
  • Other: $51,875

    • Gary A Branch (Secretary/Tr) [Trustee/Director]
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • B Don Copeland (Director)
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Bobby E Exum (Director)
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Ben Griner (Director)
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Huey Hiers (Director)
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Simmie King (Director)
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Patti Price Niewoehner (Chairman) [Trustee/Director]
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Clay Underwood (Vice Chairma) [Trustee/Director]
  • Compensation: $31,672
  • Related: $0
  • Other: $0

    • Thomas G Cothron Iii (Director)
  • Compensation: $4,873
  • Related: $0
  • Other: $0


  • Official website here: www.colquittemc.com

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

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


    Official website here: www.colquittemc.com

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

    Mission Statement of Colquitt Electric Membership Corporation

    Colquitt Electric Membership Corporation, a rural electric cooperative, is dedicated to delivering the finest electric service to all those who wish to avail it within its system area. The corporation prides itself on offering this essential service at a reasonable cost, adhering to the highest standards of quality.

    In pursuit of its mission, Colquitt Electric Membership Corporation strives to ensure a consistent and reliable power supply for its member-owners. By providing top-notch electric service, the corporation aims to enhance the daily lives of its community members, enabling them to thrive in their homes and businesses.

    Moreover, Colquitt Electric Membership Corporation remains committed to upholding the highest standards of customer care. Its team of dedicated professionals works tirelessly to maintain and improve the electric infrastructure, ensuring that any issues are addressed promptly and effectively. By offering a high-quality electric service, the corporation fosters a strong bond with its members, creating a vibrant and connected community.

    In summary, Colquitt Electric Membership Corporation is a mission-driven organization that places its members at the heart of its operations. By providing exceptional electric service and maintaining a reasonable cost, the corporation empowers its community to flourish and grow.

    Impact

    This information is meant to be a general summary of Colquitt 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

    Colquitt Electric Membership Corporation's impact can be seen in the reliable provision of electricity and essential services to its member-owners as a rural electric cooperative. By ensuring access to electricity at a reasonable cost while upholding high service standards, the corporation plays a crucial role in meeting the energy needs of its community in Moultrie, Georgia. This reliability enables residents, businesses, and local institutions to function efficiently and effectively, contributing to the overall quality of life and economic vitality 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: $75,437
  • Program Service Revenue: $169,665,001
  • Gross Receipts: $169,746,610

    • Assets and Liabilities:
  • Total Assets: $343,469,059
  • Total Liabilities: $187,929,771
  • Net Assets: $155,539,288
  • Programs

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

    ELECTRICITY SALES

    Revenue

    $166,502,529

    G&T CAPITAL CREDITS

    Revenue

    $1,485,759

    POLE RENTAL

    Revenue

    $1,366,124

    PATRONAGE CAP-ASSOC ORG

    Revenue

    $310,589

    Organization Details

    Founding Year

    1936

    Principal Officer

    Daniel Nichols

    Main Address

    PO BOX 3608, MOULTRIE, GA, 317763608

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Colquitt 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.