Habersham Electric Membership Corp

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

EIN: 580273635 ✦ Clarkesville, GA ✦ Designated as a 501(c)(12)

Overview

What is Habersham Electric Membership Corp?

Habersham Electric Membership Corp is a nonprofit organization located at 6135 State Hwy 115 W, Clarkesville, GA, 30523. Their mission is to provide high-quality electric service to all residents within their system area, ensuring reasonable costs and adhering to the highest standards of service. With a team of 118 employees, the company is dedicated to delivering exceptional electric services to the community.


Is Habersham Electric Membership Corp legitimate?

Habersham Electric Membership Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Habersham Electric Membership Corp 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: $585,054
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Habersham Electric Membership Corp?
Who is the CEO of Habersham Electric Membership Corp?
What is the revenue of Habersham Electric Membership Corp?
Who are the executives of Habersham Electric Membership Corp and what are their salaries?
Where can I find the form 990 for Habersham Electric Membership Corp?

Mission Statement of Habersham Electric Membership Corp

Habersham Electric Membership Corp, a dedicated electricity provider, is committed to delivering the best possible electric service to all who seek it within its system area. Consistently striving for highest standards, this organization ensures that electric service is accessible and affordable for its customers.

In pursuit of this mission, Habersham Electric Membership Corp works tirelessly to provide reliable and efficient electricity to its community. With a customer-centric approach, the company prides itself on delivering electric service that meets the diverse needs and expectations of its clientele. The team at Habersham Electric Membership Corp is dedicated to maintaining a robust infrastructure, ensuring that power outages are minimized and response times are prompt when situations arise.

Moreover, Habersham Electric Membership Corp is committed to cost-effectiveness, offering reasonable rates to its customers while maintaining the highest standards of service. By prioritizing both quality and affordability, the organization has earned the trust and loyalty of its community. As a responsible business, Habersham Electric Membership Corp continually invests in its operations, seeking innovative solutions to improve the overall electric service experience for its customers.

Impact

This information is meant to be a general summary of Habersham Electric Membership Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Habersham Electric Membership Corp plays a crucial role in providing reliable and affordable electric service to all who desire it within the system area. By maintaining the highest standards of service, this organization ensures that residents and businesses in the community have access to essential electricity without facing unreasonable costs. This commitment to excellence contributes to the overall well-being and development of the region, supporting economic activities, public services, and the daily lives of individuals.





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: $179,348
  • Program Service Revenue: $76,783,127
  • Gross Receipts: $76,985,449

    • Assets and Liabilities:
  • Total Assets: $188,949,179
  • Total Liabilities: $131,311,177
  • Net Assets: $57,638,002
  • Programs

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

    ELECTRICITY SALES

    Revenue

    $72,578,871

    OTHER ELECTRIC REVENUE

    Revenue

    $1,539,749

    G & T CAPITAL CREDITS

    Revenue

    $1,067,054

    POLE RENTAL

    Revenue

    $980,584

    PATRONAGE CAP-ASSOC. ORG

    Revenue

    $616,869

    Organization Details

    Founding Year

    1937

    Principal Officer

    Bryan Ferguson

    Main Address

    6135 STATE HWY 115 W, CLARKESVILLE, GA, 305236761

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Habersham Electric Membership Corp 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.