Taylor County Rural Electric Cooperative Corporation

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

EIN: 610359668 ✦ Campbellsville, KY ✦ Designated as a 501(c)(12)

Overview

What is Taylor County Rural Electric Cooperative Corporation?

The Taylor County Rural Electric Cooperative Corporation, located in Campbellsville, Kentucky, operates as a nonprofit organization with approximately 60 employees. Their primary mission is dedicated to selling and distributing electricity to a monthly average of around 27,557 consumers on a patronage basis. The cooperative strives to provide reliable electric services to the community.


Official website here: www.tcrecc.com

Is Taylor County Rural Electric Cooperative Corporation legitimate?

Taylor County Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Taylor County Rural Electric Cooperative 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: $317,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,035,162

For more financial information, click here


Official website here: www.tcrecc.com

What is the mission statement of Taylor County Rural Electric Cooperative Corporation?

The Taylor County Rural Electric Cooperative Corporation focuses on the distribution of electricity to an approximate monthly average of around 27,557 consumers. This cooperative operates on a patronage basis, meaning it is owned and controlled by its members. The corporation's primary mission is to provide reliable electric services to its consumer-members. Through this commitment, the cooperative aims to keep the communities it serves connected and powered. Additionally, it strives to ensure that electricity is accessible to its members, enhancing the overall quality of life within the communities.


Official website here: www.tcrecc.com

Who is the CEO of Taylor County Rural Electric Cooperative Corporation?

Jeffrey Williams is the Director of Taylor County Rural Electric Cooperative Corporation. The CEO's salary of Taylor County Rural Electric Cooperative Corporation is $129,196 and their total compensation is $149,367.


Official website here: www.tcrecc.com

What is the revenue of Taylor County Rural Electric Cooperative Corporation?

Taylor County Rural Electric Cooperative Corporation's revenue in 2022 was $62,598,372.


Official website here: www.tcrecc.com

Who are the executives of Taylor County Rural Electric Cooperative Corporation and what are their salaries?

The average compensation at Taylor County Rural Electric Cooperative Corporation during 2022 was $55,872. There are 60 employees at Taylor County Rural Electric Cooperative Corporation.

Here are 9 key members and their salaries (Taylor County Rural Electric Cooperative Corporation's CEO's salary is $129,196 and their total compensation is $149,367):

    Mike Skaggs (Eng & Operations Manager)
  • Compensation: $118,827
  • Related: $0
  • Other: $48,906

    • Jeffrey Williams (Ceo)
  • Compensation: $129,196
  • Related: $0
  • Other: $20,171

    • Donald Shuffett (Director)
  • Compensation: $46,133
  • Related: $0
  • Other: $0

    • Chris Tucker (Vice-President) [Trustee/Director]
  • Compensation: $27,288
  • Related: $0
  • Other: $0

    • Chad Taylor (President) [Trustee/Director]
  • Compensation: $24,737
  • Related: $0
  • Other: $0

    • Mark Woodrum (Secretary) [Trustee/Director]
  • Compensation: $23,537
  • Related: $0
  • Other: $0

    • Bradley Irvin (Treasurer) [Trustee/Director]
  • Compensation: $22,788
  • Related: $0
  • Other: $0

    • Raymond Rucker (Director)
  • Compensation: $21,737
  • Related: $0
  • Other: $0

    • Greg Corbin (Director)
  • Compensation: $21,737
  • Related: $0
  • Other: $0


  • Official website here: www.tcrecc.com

    Where can I find the form 990 for Taylor County Rural Electric Cooperative Corporation?

    The Taylor County Rural Electric Cooperative Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tcrecc.com

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

    Mission Statement of Taylor County Rural Electric Cooperative Corporation

    Taylor County Rural Electric Cooperative Corporation, a nonprofit organization, is dedicated to the distribution of electricity to an approximate monthly average of 27,557 consumers on a patronage basis. This mission is at the heart of the corporation's operations, focusing on providing essential electric services to a sizable community.

    The corporation's commitment to its consumers is unwavering. It ensures a reliable flow of electricity, allowing homes and businesses to thrive and function effectively. By operating on a patronage basis, Taylor County Rural Electric Cooperative Corporation fosters a strong sense of community among its consumers. This unique business model empowers members to have a voice in the cooperative's decision-making process and share in its profits.

    In essence, the organization serves as a vital energy partner to its consumers, ensuring their electric needs are met in a responsible and sustainable manner. Taylor County Rural Electric Cooperative Corporation's mission is to deliver electricity with the utmost care and dedication, fostering a strong community bond while providing a crucial service to its members.

    Impact

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




    Thursday, August 15, 2024

    Taylor County Rural Electric Cooperative Corporation's impact is significant in providing electricity to a monthly average of approximately 27,557 consumers on a patronage basis. By distributing electricity to this large number of consumers in Campbellsille, KY, the cooperative plays a crucial role in ensuring that individuals and businesses have access to a vital resource for their daily activities and operations. This impact contributes to the community's overall well-being, economic development, and quality of life.





    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: $12,469
  • Program Service Revenue: $60,432,862
  • Gross Receipts: $62,598,372

    • Assets and Liabilities:
  • Total Assets: $105,673,613
  • Total Liabilities: $39,243,179
  • Net Assets: $66,430,434
  • Organization Details

    Founding Year

    1938

    Principal Officer

    Jeffrey Williams

    Main Address

    PO BOX 100, CAMPBELLSVILLE, KY, 42719

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Taylor County Rural Electric Cooperative 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.