Snapping Shoals Electric Membership Corporation

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

EIN: 580433463 ✦ Covington, GA ✦ Designated as a 501(c)(12)

Overview

What is Snapping Shoals Electric Membership Corporation?

Snapping Shoals Electric Membership Corporation is a nonprofit organization committed to delivering top-tier electric services to all who wish to avail of it within their operational area. They prioritize reasonable pricing while adhering to the highest service standards.


Is Snapping Shoals Electric Membership Corporation legitimate?

Snapping Shoals Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Snapping Shoals 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: $940,244
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of Snapping Shoals Electric Membership Corporation

Snapping Shoals Electric Membership Corporation, a dedicated provider of electric services, strives to deliver the highest standard of electricity to all its customers within the system area. With a commitment to reasonableness, the organization ensures that the cost of the electric service remains accessible to everyone, making their mission achievable for all who desire it.

Snapping Shoals Electric Membership Corporation's unwavering focus on excellence is reflected in its dedication to providing the best possible electric service. This commitment extends beyond simply delivering power; the organization ensures that the service meets the unique needs of its diverse customer base, maintaining a consistent level of quality that resonates with the highest standards.

In pursuit of this mission, Snapping Shoals Electric Membership Corporation remains steadfast in its promise to serve all who seek its electric services within the system area, providing a reliable and responsible solution for their energy needs. The organization's unwavering dedication to customer satisfaction, combined with its commitment to maintaining the highest standards of service, sets Snapping Shoals Electric Membership Corporation apart as a trusted and essential provider within the community.

Impact

This information is meant to be a general summary of Snapping Shoals 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

Snapping Shoals Electric Membership Corporation's impact lies in providing reliable and affordable electric service to all who desire it within its system area in Covington, GA. By consistently maintaining high standards of service while keeping costs reasonable, Snapping Shoals EMC ensures that residents have access to essential electricity without financial strain. This commitment not only enhances the quality of life for individuals and businesses in the community but also supports economic development and sustainability 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: $780,119
  • Program Service Revenue: $248,628,903
  • Gross Receipts: $249,822,588

    • Assets and Liabilities:
  • Total Assets: $306,647,045
  • Total Liabilities: $205,062,023
  • Net Assets: $101,585,022
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $240,915,226

    POLE RENTAL

    Revenue

    $5,572,945

    G & T CAPITAL CREDITS

    Revenue

    $1,315,817

    OTHER CAPITAL CREDITS

    Revenue

    $824,915

    Organization Details

    Founding Year

    1936

    Principal Officer

    Shaun Mock

    Main Address

    PO BOX 509, COVINGTON, GA, 300150509

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Snapping Shoals 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.