Appalachian Electric Cooperative

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

EIN: 620116541 ✦ New market, TN ✦ Designated as a 501(c)(12)

Overview

What is Appalachian Electric Cooperative?

Appalachian Electric Cooperative is a nonprofit organization dedicated to delivering electricity to its member-owners in an undisclosed location. The cooperative's primary objective is to ensure a consistent electricity supply to the communities it serves. Despite the limited information provided, the cooperative's focus on distribution and commitment to its members indicates a mission to provide essential services and improve the quality of life within its reach.


Is Appalachian Electric Cooperative legitimate?

Appalachian Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Appalachian Electric Cooperative 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: $509,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,892,920

For more financial information, click here


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

Mission Statement of Appalachian Electric Cooperative

Appalachian Electric Cooperative, a vital organization, dedicates itself to the distribution of electricity to its member-owners. The mission of this cooperative is to ensure that electricity reaches those in need, powering homes and communities with reliability and efficiency. By providing this essential resource, Appalachian Electric Cooperative plays a significant role in enhancing the quality of life for its members.

Appalachian Electric Cooperative takes pride in its commitment to its members, going beyond the simple task of electricity distribution. The cooperative is more than just a utility company; it is a community partner, dedicated to improving the lives of those it serves. Through its unwavering dedication, it fosters progress and growth in the areas it touches. By supplying electricity, Appalachian Electric Cooperative empowers its members to thrive in their daily lives, powering their homes, businesses, and communities.

The cooperative's mission extends beyond the mere technical aspect of electricity distribution. It is an ongoing commitment to building strong, lasting relationships with its member-owners. By putting its members first, Appalachian Electric Cooperative fosters a sense of trust and loyalty that is essential for a successful partnership. Through its unwavering focus on excellence and reliability, the cooperative ensures that it is always there when its members need it most.

In summary, Appalachian Electric Cooperative is more than just a utility company. It is a dedicated partner, committed to delivering electricity to its member-owners with reliability and efficiency. By prioritizing its members and focusing on building strong relationships, the cooperative fosters progress and growth in the communities it serves.

Impact

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




Thursday, August 15, 2024

Appalachian Electric Cooperative impacts its community by providing vital electricity distribution services to its member-owners in New Market, TN. Through its operations, the cooperative ensures that households and businesses have access to reliable power, supporting economic activities, facilitating communication, and enhancing overall quality of life 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 2023.

  • Investment Income: $540,029
  • Program Service Revenue: $119,623,655
  • Gross Receipts: $126,269,477

    • Assets and Liabilities:
  • Total Assets: $279,058,188
  • Total Liabilities: $155,877,470
  • Net Assets: $123,180,718
  • Programs

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

    Sale of Electricty

    Revenue

    $118,244,118

    Service Charges

    Revenue

    $1,379,537

    Organization Details

    Principal Officer

    Josh Compton

    Main Address

    PO Box 400, New Market, TN, 37820

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Appalachian Electric Cooperative 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.