The Satilla Rural Electric Membership Corporation

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

EIN: 580417350 ✦ Alma, GA ✦ Designated as a 501(c)(12)

Overview

What is The Satilla Rural Electric Membership Corporation?

The Satilla Rural Electric Membership Corporation, based in Alma, Georgia, is a nonprofit organization dedicated to providing dependable electric service to its members at the most affordable price. With a mission to meet the evolving needs and demands of its customers, the corporation goes beyond just energy, offering superior products and services. The organization currently employs 175 individuals, focusing on delivering quality and reliability to its community.


Official website here: www.satillaemc.com

Is The Satilla Rural Electric Membership Corporation legitimate?

The Satilla Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Satilla Rural 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: $2,080,655
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.satillaemc.com

What is the mission statement of The Satilla Rural Electric Membership Corporation?

The Satilla Rural Electric Membership Corporation aspires to be acknowledged as a company that adapts to the evolving requirements of its customers by offering top-notch energy and non-energy related products and services. Its mission is to deliver reliable electric service to its members at the most affordable price possible. The organization strives to meet the diverse needs and demands of its customer base, ensuring superiority in the energy sector and beyond. The company's commitment extends beyond energy provision, focusing on meeting the broader needs of its customers to foster long-lasting relationships and satisfaction.


Official website here: www.satillaemc.com

Who is the CEO of The Satilla Rural Electric Membership Corporation?

Romeo Reyes is the Director/Vice-Chairman of The Satilla Rural Electric Membership Corporation. The CEO's salary of The Satilla Rural Electric Membership Corporation is $287,959 and their total compensation is $381,104.


Official website here: www.satillaemc.com

What is the revenue of The Satilla Rural Electric Membership Corporation?

The Satilla Rural Electric Membership Corporation's revenue in 2022 was $140,969,105.


Official website here: www.satillaemc.com

Who are the executives of The Satilla Rural Electric Membership Corporation and what are their salaries?

The average compensation at The Satilla Rural Electric Membership Corporation during 2022 was $11,889. There are 175 employees at The Satilla Rural Electric Membership Corporation.

Here are 20 key members and their salaries (The Satilla Rural Electric Membership Corporation's CEO's salary is $287,959 and their total compensation is $381,104):

    Romeo A Reyes (President/Ceo)
  • Compensation: $287,959
  • Related: $0
  • Other: $93,145

    • Mark A Johnson (Vp Corp & Power Supply Svc)
  • Compensation: $244,684
  • Related: $0
  • Other: $84,255

    • Robert K Bennett Jr (Director Of Distribution S)
  • Compensation: $188,705
  • Related: $0
  • Other: $69,018

    • James Tucker Jr (Director Of Customer Servi)
  • Compensation: $183,833
  • Related: $0
  • Other: $72,286

    • Jennifer Lynn Gainey (Director, Admin Services)
  • Compensation: $175,342
  • Related: $0
  • Other: $69,967

    • Brian Scott Mikell (Line Foreman)
  • Compensation: $181,305
  • Related: $0
  • Other: $60,736

    • Earl B Williams (It Manager)
  • Compensation: $173,040
  • Related: $0
  • Other: $67,392

    • Christie R Mauffray (Acct & Finance Mgr)
  • Compensation: $167,925
  • Related: $0
  • Other: $70,278

    • John R Sweat (Director, System Services)
  • Compensation: $167,717
  • Related: $0
  • Other: $64,198

    • Bruce Rentz (Member Services Mgr)
  • Compensation: $160,485
  • Related: $0
  • Other: $63,663

    • Lonny Whitley (System Support Manager)
  • Compensation: $159,182
  • Related: $0
  • Other: $64,759

    • Jimmy C Deen (Line Foreman)
  • Compensation: $154,540
  • Related: $0
  • Other: $56,616

    • Rl Lewis Jr (Director/Chairman)
  • Compensation: $35,532
  • Related: $0
  • Other: $0

    • David H Bennett Jr (Director)
  • Compensation: $29,300
  • Related: $0
  • Other: $0

    • Hugh L Brantley (Director)
  • Compensation: $14,622
  • Related: $0
  • Other: $0

    • James W Waters (Director/Treasurer)
  • Compensation: $12,822
  • Related: $0
  • Other: $0

    • Jerry Boatright (Director/Secretary)
  • Compensation: $12,822
  • Related: $0
  • Other: $0

    • Thomas J Morris (Director/Vice-Chairman)
  • Compensation: $11,922
  • Related: $0
  • Other: $0

    • J Matt Bennett (Director)
  • Compensation: $11,472
  • Related: $0
  • Other: $0

    • Scott Day (Director)
  • Compensation: $10,622
  • Related: $0
  • Other: $0


  • Official website here: www.satillaemc.com

    Where can I find the form 990 for The Satilla Rural Electric Membership Corporation?

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


    Official website here: www.satillaemc.com

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

    Mission Statement of The Satilla Rural Electric Membership Corporation

    The Satilla Rural Electric Membership Corporation, or SREMC, is dedicated to being recognized as a company that delivers superior energy and non-energy related products and services to meet the evolving requirements of its customers. In simple terms, SREMC aspires to be a reliable provider of electricity and additional offerings for its members at the most affordable price.

    SREMC's primary objective is to ensure that its members receive dependable electric service, making it a trusted partner in powering their daily lives. The organization's unwavering commitment to customer satisfaction extends beyond energy, as it strives to offer an array of top-notch products and services to cater to the diverse needs of its customer base. By prioritizing customer needs and keeping the focus on providing excellent solutions, SREMC aims to build strong, lasting relationships with its members.

    Impact

    This information is meant to be a general summary of The Satilla Rural 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

    The Satilla Rural Electric Membership Corporation plays a vital role in providing dependable electric service to its members at the lowest possible cost in Alma, Georgia. By fulfilling its mission to meet the changing needs and demands of customers through superior energy and non-energy related products and services, this organization positively impacts the community by ensuring reliable access to electricity. Through their commitment to public benefit, Satilla REMC contributes to the economic development and well-being of its members and the region as a whole.





    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: $586,950
  • Program Service Revenue: $137,712,945
  • Gross Receipts: $140,981,469

    • Assets and Liabilities:
  • Total Assets: $349,753,639
  • Total Liabilities: $213,963,754
  • Net Assets: $135,789,885
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $135,917,284

    POLE RENTAL

    Revenue

    $1,088,823

    ELECTRIC SYSTEM ACCESS REVENUE

    Revenue

    $706,838

    Organization Details

    Founding Year

    1937

    Principal Officer

    Romeo Reyes

    Main Address

    PO Box 906, Alma, GA, 315101006

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of The Satilla Rural 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.