Walton Electric Membership Corporation

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

EIN: 580477163 ✦ Monroe, GA ✦ Designated as a 501(c)(12)

Overview

What is Walton Electric Membership Corporation?

The Walton Electric Membership Corporation is a dedicated nonprofit organization committed to delivering the best possible electric service to everyone within its coverage area. This community-focused entity strives to provide reliable electricity at a reasonable cost, maintaining the highest standards of service for its customers.


Official website here: www.waltonemc.com

Is Walton Electric Membership Corporation legitimate?

Walton Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Walton 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: $1,072,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.waltonemc.com

What is the mission statement of Walton Electric Membership Corporation?

Walton Electric Membership Corporation is committed to delivering superior electric service to all who seek it within its operational area. This dedication comes with a reasonable cost, ensuring the provision of electricity adheres to the highest industry standards. The organization strives to make a significant difference in people's lives by consistently delivering reliable electric services, enabling them to meet their daily needs efficiently. With a focus on customer satisfaction, Walton Electric Membership Corporation aims to set a high bar in the electric utility sector and make a positive impact on the communities it serves.


Official website here: www.waltonemc.com

Who is the CEO of Walton Electric Membership Corporation?

D Ronnie Lee is the President & of Walton Electric Membership Corporation.


Official website here: www.waltonemc.com

What is the revenue of Walton Electric Membership Corporation?

Walton Electric Membership Corporation's revenue in 2022 was $369,406,838.


Official website here: www.waltonemc.com

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

The average compensation at Walton Electric Membership Corporation during 2022 was $3,647. There are 294 employees at Walton Electric Membership Corporation.

Here are 15 key members and their salaries:

    D Ronnie Lee (President &)
  • Compensation: $665,098
  • Related: $0
  • Other: $161,661

    • Ronald T Marshall (Sr Vp Eng &)
  • Compensation: $429,615
  • Related: $0
  • Other: $109,851

    • Robert E Rentfrow (Sr Vp Power)
  • Compensation: $397,966
  • Related: $0
  • Other: $101,821

    • Marsha L Shumate (Cfo/Sr Vp Fi)
  • Compensation: $391,379
  • Related: $0
  • Other: $101,450

    • Russell A Delong (Sr Vp Corpor)
  • Compensation: $390,712
  • Related: $0
  • Other: $101,291

    • James M Bottone (Vp Energy &)
  • Compensation: $306,541
  • Related: $0
  • Other: $84,070

    • Dawn Taylor (Chairman) [Trustee/Director]
  • Compensation: $29,858
  • Related: $0
  • Other: $0

    • Daniel J Chelko (Director)
  • Compensation: $27,638
  • Related: $0
  • Other: $0

    • Jason Sidwell (Director)
  • Compensation: $27,214
  • Related: $0
  • Other: $0

    • Sammy Simonton (Director)
  • Compensation: $27,138
  • Related: $0
  • Other: $0

    • Billy Ray Allen (Sec-Treasure) [Trustee/Director]
  • Compensation: $26,838
  • Related: $0
  • Other: $0

    • Thomas H Adcock Jr (Director)
  • Compensation: $26,838
  • Related: $0
  • Other: $0

    • Michael Q Lowder (Vice Chairma) [Trustee/Director]
  • Compensation: $26,800
  • Related: $0
  • Other: $0

    • Johnny R Allgood (Director)
  • Compensation: $26,538
  • Related: $0
  • Other: $0

    • Jim Whitley (Director)
  • Compensation: $26,538
  • Related: $0
  • Other: $0


  • Official website here: www.waltonemc.com

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

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


    Official website here: www.waltonemc.com

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

    Mission Statement of Walton Electric Membership Corporation

    Walton Electric Membership Corporation, a dedicated organization, is committed to delivering top-notch electric services to all who seek it within its operational area. With a vision to consistently meet and exceed customer expectations, the corporation sets a high standard for itself in the electric industry.

    In line with its mission, Walton Electric Membership Corporation strives to provide superior electric services to every resident and business within its reach. The organization's unwavering goal is to ensure that the electric service it offers is not only reliable but also reasonably priced. By maintaining the highest standards of service, Walton Electric Membership Corporation aspires to foster strong relationships with its customers, built on trust and quality.

    Moreover, the corporation is deeply committed to delivering its services in a manner that prioritizes customer satisfaction. This commitment to customer service is reflected in its dedication to maintaining a well-maintained electric infrastructure and addressing any issues promptly. Walton Electric Membership Corporation is more than just a utility provider; it is a vital partner to the communities it serves, dedicated to ensuring their electric needs are met with care and professionalism.

    Impact

    This information is meant to be a general summary of Walton 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

    Walton Electric Membership Corporation plays a crucial role in providing reliable and affordable electric service to residents in its service area. By ensuring access to electricity at reasonable costs while maintaining high service standards, the corporation contributes significantly to enhancing the quality of life for its customers. This impact is especially notable in supporting the day-to-day operations of households, businesses, and community services that rely on electricity for various essential functions. Furthermore, the corporation's commitment to public benefit underscores its dedication to serving the community's needs and fostering economic development within 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: $854,781
  • Program Service Revenue: $366,585,320
  • Gross Receipts: $369,406,838

    • Assets and Liabilities:
  • Total Assets: $576,846,629
  • Total Liabilities: $341,926,611
  • Net Assets: $234,920,018
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $360,062,354

    G & T CAPITAL CREDITS

    Revenue

    $3,800,321

    POLE RENTAL REVENUE

    Revenue

    $2,722,645

    Organization Details

    Founding Year

    1936

    Principal Officer

    D Ronnie Lee

    Main Address

    PO BOX 260, MONROE, GA, 30655

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Walton 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.