Escambia River Electric Coop Inc

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

EIN: 590235225 ✦ Jay, FL ✦ Designated as a 501(c)(12)

Overview

What is Escambia River Electric Coop Inc?

Escambia River Electric Coop Inc, a nonprofit organization based in Jay, Florida, serves the residents of northern Escambia County and Santa Rosa County. They operate with a workforce of 80 employees, delivering dependable electric service at competitive rates through 1,774 miles of electric distribution lines. In addition to power, they also provide water service to the community. The cooperative aims to meet the energy needs of its residential, commercial, and industrial members in Northwest Florida, supplying a substantial amount of 208,801,864 Kilowatt Hours of electric energy yearly.


Official website here: www.erec.com

Is Escambia River Electric Coop Inc legitimate?

Escambia River Electric Coop Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Escambia River Electric Coop Inc 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: $600,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.erec.com

What is the mission statement of Escambia River Electric Coop Inc?

Escambia River Electric Coop Inc is dedicated to delivering reliable electric service to the residents of northern Florida at competitive rates. In addition to electric services, the cooperative also provides water to the community in the same region. The organization utilizes an extensive electric distribution network to meet the energy demands of its residential, commercial, and industrial members, supplying them with a total of 208 million Kilowatt Hours in a year. By focusing on dependability and affordability, Escambia River Electric Cooperative aims to contribute significantly to the well-being of the communities it serves.


Official website here: www.erec.com

Who is the CEO of Escambia River Electric Coop Inc?

Ryan C Campbell is the Trustee- President of Escambia River Electric Coop Inc. The CEO's salary of Escambia River Electric Coop Inc is $182,011 and their total compensation is $243,439.


Official website here: www.erec.com

What is the revenue of Escambia River Electric Coop Inc?

Escambia River Electric Coop Inc's revenue in 2022 was $31,915,839.


Official website here: www.erec.com

Who are the executives of Escambia River Electric Coop Inc and what are their salaries?

The average compensation at Escambia River Electric Coop Inc during 2022 was $7,501. There are 80 employees at Escambia River Electric Coop Inc.

Here are 13 key members and their salaries (Escambia River Electric Coop Inc's CEO's salary is $182,011 and their total compensation is $243,439):

    Ryan C Campbell (Ceo)
  • Compensation: $182,011
  • Related: $0
  • Other: $61,428

    • Nick Jackson (Vp Of Corp & Mem Svc.)
  • Compensation: $118,895
  • Related: $0
  • Other: $46,219

    • Sonya Dooley (Vp Of Finance And Hr)
  • Compensation: $102,263
  • Related: $0
  • Other: $51,264

    • Dale Westmoreland (Trustee)
  • Compensation: $4,800
  • Related: $0
  • Other: $0

    • Gary Wiggins (Trustee)
  • Compensation: $4,250
  • Related: $0
  • Other: $0

    • J D Powell (Trustee)
  • Compensation: $3,950
  • Related: $0
  • Other: $0

    • Mickey Diamond (Trustee)
  • Compensation: $3,700
  • Related: $0
  • Other: $0

    • James E Hall (Trustee)
  • Compensation: $3,700
  • Related: $0
  • Other: $0

    • Ernie Hester (Trustee)
  • Compensation: $3,700
  • Related: $0
  • Other: $0

    • Radford Locklin Jr (Trustee-Secretary/Treasure)
  • Compensation: $3,650
  • Related: $0
  • Other: $0

    • Samuel Walker (Trustee- Vice President)
  • Compensation: $3,600
  • Related: $0
  • Other: $0

    • Richard Hunsucker (Trustee- President)
  • Compensation: $3,450
  • Related: $0
  • Other: $0

    • Ed Kelley (Trustee)
  • Compensation: $3,200
  • Related: $0
  • Other: $0


  • Official website here: www.erec.com

    Where can I find the form 990 for Escambia River Electric Coop Inc?

    The Escambia River Electric Coop Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.erec.com

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

    Mission Statement of Escambia River Electric Coop Inc

    Escambia River Electric Cooperative, a dedicated organization based on a mission to deliver, ensures the residents of northern Escambia County and Santa Rosa County Florida access to reliable electric power at competitive rates. Beyond providing electricity, this cooperative extends its reach by offering water services to the community in question.

    The team at Escambia River Electric Cooperative boasts an extensive electric distribution network, spanning 1774 miles. This infrastructure has enabled the organization to distribute a significant 208,801,864 Kilowatt Hours of electric energy to its diverse membership base, encompassing residential, commercial, and industrial sectors in Northwest Florida. The cooperative's commitment to affordability and reliability underpins its long-standing legacy in the region.

    Impact

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




    Thursday, August 15, 2024

    Escambia River Electric Coop Inc's impact can be seen through its provision of dependable electric service at competitive rates to the residents of northern Escambia County and Santa Rosa County in Florida. Additionally, the cooperative also provides water service to residents in the region. Utilizing 1774 miles of electric distribution lines, Escambia River Electric Cooperative, Inc. supplied 208,801,864 Kilowatt Hours of electric energy to its residential, commercial, and industrial members in Northwest Florida. The cooperative's mission to deliver reliable services at affordable rates contributes to the well-being and development of the communities it serves, making a significant public benefit impact in its area of operation.





    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: $53,896
  • Program Service Revenue: $31,512,621
  • Gross Receipts: $31,915,839

    • Assets and Liabilities:
  • Total Assets: $79,007,740
  • Total Liabilities: $42,847,214
  • Net Assets: $36,160,526
  • Programs

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

    Sales of Electricity

    Revenue

    $30,269,468

    Water Sales

    Revenue

    $826,253

    Patronage Capital

    Revenue

    $416,900

    Organization Details

    Founding Year

    1939

    Principal Officer

    Ryan C Campbell

    Main Address

    PO Box 428, Jay, FL, 32565

    NTEE Category

    Code: W80 - Public benefit

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