Glades Electric Cooperative Inc

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

EIN: 590538145 ✦ Moore haven, FL ✦ Designated as a 501(c)(12)

Overview

What is Glades Electric Cooperative Inc?

Glades Electric Cooperative Inc, located in South Florida, is a nonprofit organization dedicated to delivering electricity to approximately 17,664 residential, commercial, and industrial accounts. Utilizing a network of 2,627 miles of electric distribution and transmission lines, they ensure exceptional service to their community. The mission of Glades Electric Cooperative Inc remains focused on providing reliable and efficient power solutions.


Official website here: www.gladeselectric.com

Is Glades Electric Cooperative Inc legitimate?

Glades Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Glades Electric Cooperative 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: $1,786,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $842,145

For more financial information, click here


Official website here: www.gladeselectric.com

What is the mission statement of Glades Electric Cooperative Inc?

Glades Electric Cooperative Inc is committed to delivering superior electric service to its customers, as stated in its mission. Leveraging a network of 2,627 miles of electric distribution and transmission lines, the cooperative supplies electricity to approximately 17,664 residential, commercial, and industrial accounts. The organization prioritizes exceptional service, ensuring uninterrupted power supply and addressing customer concerns promptly. By focusing on customer satisfaction, Glades Electric Cooperative Inc aims to build strong relationships with the communities it serves. Additionally, the cooperative may engage in community initiatives to enhance the quality of life for its customers, although specific details about such initiatives were not provided in the information.


Official website here: www.gladeselectric.com

Who is the CEO of Glades Electric Cooperative Inc?

Jeffery R Brewington is the Ceo of Glades Electric Cooperative Inc. The CEO's salary of Glades Electric Cooperative Inc is $419,246 and their total compensation is $622,974.


Official website here: www.gladeselectric.com

What is the revenue of Glades Electric Cooperative Inc?

Glades Electric Cooperative Inc's revenue in 2022 was $56,574,732.


Official website here: www.gladeselectric.com

Who are the executives of Glades Electric Cooperative Inc and what are their salaries?

The average compensation at Glades Electric Cooperative Inc during 2022 was $32,855. There are 80 employees at Glades Electric Cooperative Inc.

Here are 22 key members and their salaries (Glades Electric Cooperative Inc's CEO's salary is $419,246 and their total compensation is $622,974):

    Jeffery R Brewington (Ceo)
  • Compensation: $419,246
  • Related: $0
  • Other: $203,728

    • Travis Turner (Chief Operat)
  • Compensation: $192,801
  • Related: $0
  • Other: $59,234

    • Jennifer Manning (Chief Financ)
  • Compensation: $153,625
  • Related: $0
  • Other: $86,582

    • Jesse Wallace (Chief Techno)
  • Compensation: $166,710
  • Related: $0
  • Other: $39,223

    • Willie Ward (Lead Lineman)
  • Compensation: $135,903
  • Related: $0
  • Other: $43,467

    • Tony Cunningham (Lead Lineman)
  • Compensation: $120,312
  • Related: $0
  • Other: $55,359

    • Greg Culbertson (Lead Lineman)
  • Compensation: $122,779
  • Related: $0
  • Other: $42,717

    • Jennifer Koukos (Chief Comm O)
  • Compensation: $122,516
  • Related: $0
  • Other: $41,295

    • James Nipper (Lead Lineman)
  • Compensation: $125,413
  • Related: $0
  • Other: $37,108

    • Horacio Pardo (Journeyman L)
  • Compensation: $133,630
  • Related: $0
  • Other: $25,457

    • Courtney Brown (Chief Person)
  • Compensation: $126,721
  • Related: $0
  • Other: $27,337

    • John Coxe (Trustee/Pres)
  • Compensation: $20,225
  • Related: $0
  • Other: $0

    • Shannon Hall (Trustee Sec/)
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Barney Goodman (Trustee)
  • Compensation: $19,700
  • Related: $0
  • Other: $0

    • Lee Henderson (Trustee)
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Michael Pressley (Trustee)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Donnie Lundy (Trustee)
  • Compensation: $13,700
  • Related: $0
  • Other: $0

    • Angela Hodges (Trustee)
  • Compensation: $13,300
  • Related: $0
  • Other: $0

    • James Aul (Trustee/Vice)
  • Compensation: $9,350
  • Related: $0
  • Other: $0

    • Brad Oxer (Trustee)
  • Compensation: $7,537
  • Related: $0
  • Other: $0

    • Tyler Pugh (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Fred Tagtmeier (Trustee)
  • Compensation: $3,936
  • Related: $0
  • Other: $0


  • Official website here: www.gladeselectric.com

    Where can I find the form 990 for Glades Electric Cooperative Inc?

    The Glades Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gladeselectric.com

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

    Mission Statement of Glades Electric Cooperative Inc

    Glades Electric Cooperative Inc, a prominent organization, is dedicated to delivering exceptional service. With a vast network of 2,627 miles of electric distribution and transmission lines, this cooperative provides electricity to approximately 17,664 residential, commercial, and industrial accounts, spread across various communities in Florida. The cooperative's primary focus is on ensuring reliable and efficient power delivery, enhancing the quality of life for its customers. By prioritizing exceptional service, Glades Electric Cooperative Inc fosters trust and satisfaction among its clientele.

    Impact

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




    Thursday, August 15, 2024

    Glades Electric Cooperative Inc's impact lies in providing electricity to approximately 17,664 residential, commercial, and industrial accounts in South Florida through its 2,627 miles of electric distribution and transmission lines. By ensuring a reliable source of power to these customers, Glades Electric Cooperative Inc plays a crucial role in supporting the functioning of homes, businesses, and industries 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: $-357,508
  • Program Service Revenue: $56,841,905
  • Gross Receipts: $57,033,894

    • Assets and Liabilities:
  • Total Assets: $177,853,000
  • Total Liabilities: $119,475,047
  • Net Assets: $58,377,953
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $55,502,002

    PATRONAGE CAPITAL

    Revenue

    $1,339,903

    Organization Details

    Founding Year

    1945

    Principal Officer

    Jeffery R Brewington

    Main Address

    PO BOX 519, MOORE HAVEN, FL, 33471

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Glades Electric Cooperative Inc 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.