Sawnee Electric Membership Corporation

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

EIN: 580246393 ✦ Cumming, GA ✦ Designated as a 501(c)(12)

Overview

What is Sawnee Electric Membership Corporation?

Sawnee Electric Membership Corporation is a nonprofit organization committed to providing electric services to anyone residing within its designated service area, as mandated by Georgia law, lender requirements, and industry standards. The corporation's primary mission revolves around delivering electricity to its customers, ensuring accessibility to all who request it.


Official website here: www.sawnee.com

Is Sawnee Electric Membership Corporation legitimate?

Sawnee Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sawnee 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: $1,193,352
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sawnee.com

What is the mission statement of Sawnee Electric Membership Corporation?

Sawnee Electric Membership Corporation is dedicated to delivering electric service to all who seek it within its authorized jurisdiction, in accordance with Georgia laws, lender requirements, and industry and regulatory standards. The organization's primary goal is to ensure access to reliable electric power for its customers, upholding the highest levels of quality and adherence to industry norms. In pursuit of this objective, Sawnee Electric Membership Corporation remains committed to complying with all relevant laws and regulations, as well as the expectations of its funding sources.


Official website here: www.sawnee.com

Who is the CEO of Sawnee Electric Membership Corporation?

Michael A Goodroe is the Chairman of Sawnee Electric Membership Corporation.


Official website here: www.sawnee.com

What is the revenue of Sawnee Electric Membership Corporation?

Sawnee Electric Membership Corporation's revenue in 2022 was $442,554,450.


Official website here: www.sawnee.com

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

The average compensation at Sawnee Electric Membership Corporation during 2022 was $3,052. There are 391 employees at Sawnee Electric Membership Corporation.

Here are 15 key members and their salaries:

    Michael A Goodroe (President/Ce)
  • Compensation: $837,210
  • Related: $0
  • Other: $34,028

    • Gary Mauldin (Coo)
  • Compensation: $550,781
  • Related: $0
  • Other: $33,051

    • Virginia Ellis (Cfo)
  • Compensation: $383,275
  • Related: $0
  • Other: $113,911

    • Chet D Blackstock (Vp Operation)
  • Compensation: $285,804
  • Related: $0
  • Other: $113,758

    • Dewayne G Farr (Vp Engineeri)
  • Compensation: $239,050
  • Related: $0
  • Other: $99,267

    • Carl Badgett (Cio)
  • Compensation: $217,123
  • Related: $0
  • Other: $31,719

    • Bill Barnett (Director)
  • Compensation: $37,846
  • Related: $0
  • Other: $0

    • Gary G Porter (Chairman) [Trustee/Director]
  • Compensation: $37,785
  • Related: $0
  • Other: $0

    • Roger T Coker (Vice Chairma) [Trustee/Director]
  • Compensation: $37,689
  • Related: $0
  • Other: $0

    • Tim G Heard (Secretary/Tr) [Trustee/Director]
  • Compensation: $37,262
  • Related: $0
  • Other: $0

    • Rodney H Reese (Director)
  • Compensation: $35,642
  • Related: $0
  • Other: $0

    • Larry M Evans (Director)
  • Compensation: $35,211
  • Related: $0
  • Other: $0

    • Donna O Yost (Director)
  • Compensation: $34,627
  • Related: $0
  • Other: $0

    • Marshall S Millwood (Director)
  • Compensation: $34,063
  • Related: $0
  • Other: $0

    • Terry W Mathis (Director)
  • Compensation: $31,989
  • Related: $0
  • Other: $0


  • Official website here: www.sawnee.com

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

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


    Official website here: www.sawnee.com

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

    Mission Statement of Sawnee Electric Membership Corporation

    Sawnee Electric Membership Corporation, a dedicated organization, is committed to providing electric service to all those who desire it within its designated service area. Adhering to the guidelines set forth by Georgia law, lender requirements, and various regulatory and industry standards, Sawnee Electric ensures accessible and reliable electric services to its community.

    In simple terms, Sawnee Electric's mission is to extend the reach of electric power to every resident and business within its jurisdiction. Through its unwavering dedication, the corporation bridges the gap between energy needs and availability, ensuring that no one is left in the dark. By prioritizing the necessities outlined by law and industry standards, Sawnee Electric underscores its commitment to delivering on its promise of electric service to all.

    Impact

    This information is meant to be a general summary of Sawnee 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

    Sawnee Electric Membership Corporation's impact is evident through its provision of essential electric service to all who desire it within its service area. By adhering to Georgia law, lender requirements, and industry standards, Sawnee EMC plays a crucial role in ensuring that residents and businesses have access to reliable electricity. This service positively impacts the community by supporting daily operations, economic activities, and overall quality of life. Through its mission-driven approach, Sawnee EMC fulfills a public benefit by meeting the energy needs of its service area and contributing to the prosperity and well-being of its stakeholders.





    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: $2,696,396
  • Program Service Revenue: $438,759,486
  • Gross Receipts: $442,554,450

    • Assets and Liabilities:
  • Total Assets: $939,931,569
  • Total Liabilities: $627,602,905
  • Net Assets: $312,328,664
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $431,906,091

    G & T CAPITAL CREDITS

    Revenue

    $3,316,015

    POLE RENTAL

    Revenue

    $2,387,025

    OTHER CAPITAL CREDITS

    Revenue

    $1,150,355

    Organization Details

    Founding Year

    1938

    Principal Officer

    Michael A Goodroe

    Main Address

    PO BOX 266, CUMMING, GA, 300280266

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Sawnee 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.