Plateau Electric Cooperative

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

EIN: 620326835 ✦ Oneida, TN ✦ Designated as a 501(c)(12)

Overview

What is Plateau Electric Cooperative?

Plateau Electric Cooperative is a member-owned cooperative based in Oneida, Tennessee, with a district office in Wartburg. Established in 1939, the cooperative covers approximately 1,830 line miles and provides quality electricity to around 17,700 members at the lowest possible cost. By purchasing power from the Tennessee Valley Authority and distributing it to its members, Plateau Electric Cooperative plays a crucial role in promoting economic development and improving the overall quality of life in the community. The cooperative's mission is to provide reliable electric services while enhancing the local economy and contributing to the well-being of its members. With a team of 58 employees, the cooperative is dedicated to ensuring a sustainable and efficient power supply for its community.


Official website here: www.plateauelectric.com

Is Plateau Electric Cooperative legitimate?

Plateau Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Plateau 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: $934,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,103,755

For more financial information, click here


Official website here: www.plateauelectric.com

What is the mission statement of Plateau Electric Cooperative?

Plateau Electric Cooperative is dedicated to providing high-quality electricity to its members at the most affordable cost. The cooperative's primary goal is to distribute electricity efficiently, while also promoting economic development and enhancing the overall quality of life for its community. Originating in 1939, Plateau Electric Cooperative is a member-owned organization that serves approximately 1830 line miles and supports around 17,700 members. By purchasing power from the Tennessee Valley Authority at wholesale prices, the cooperative is able to deliver reliable and affordable electricity to its members, ultimately contributing to the economic growth and improved living standards within the community.


Official website here: www.plateauelectric.com

Who is the CEO of Plateau Electric Cooperative?

Dave Cross is the Ceo of Plateau Electric Cooperative. The CEO's salary of Plateau Electric Cooperative is $183,452 and their total compensation is $264,906.


Official website here: www.plateauelectric.com

What is the revenue of Plateau Electric Cooperative?

Plateau Electric Cooperative's revenue in 2023 was $47,912,881.


Official website here: www.plateauelectric.com

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

The average compensation at Plateau Electric Cooperative during 2023 was $52,380. There are 58 employees at Plateau Electric Cooperative.

Here are 20 key members and their salaries (Plateau Electric Cooperative's CEO's salary is $183,452 and their total compensation is $264,906):

    Dave Cross (Ceo)
  • Compensation: $183,452
  • Related: $0
  • Other: $81,454

    • Joel Mccartt (Director Of Engineering)
  • Compensation: $145,362
  • Related: $0
  • Other: $61,760

    • Keith Crabtree (Director Of Operations)
  • Compensation: $120,316
  • Related: $0
  • Other: $46,817

    • Ryan Keeton (Cfo)
  • Compensation: $111,868
  • Related: $0
  • Other: $41,871

    • Richard Sexton (Line Foreman)
  • Compensation: $142,337
  • Related: $0
  • Other: $0

    • Alfred Branim (Morgan County Manager)
  • Compensation: $108,268
  • Related: $0
  • Other: $33,095

    • Anthony Overton (Groundman)
  • Compensation: $126,366
  • Related: $0
  • Other: $0

    • Trevor Hurtt (Line Foreman)
  • Compensation: $120,381
  • Related: $0
  • Other: $0

    • Hunter Henry (Journeyman Lineman)
  • Compensation: $119,873
  • Related: $0
  • Other: $0

    • Jake Lowe (Journeyman Lineman)
  • Compensation: $118,665
  • Related: $0
  • Other: $0

    • Lee Armstrong (Director)
  • Compensation: $27,650
  • Related: $0
  • Other: $0

    • Vic Davis (Director)
  • Compensation: $23,100
  • Related: $0
  • Other: $0

    • Steve Lambert (Treasurer) [Trustee/Director]
  • Compensation: $20,650
  • Related: $0
  • Other: $0

    • Harry Gosnell (Director)
  • Compensation: $20,300
  • Related: $0
  • Other: $0

    • Tim Freels (President) [Trustee/Director]
  • Compensation: $19,600
  • Related: $0
  • Other: $0

    • Bill Hall (Vice President) [Trustee/Director]
  • Compensation: $18,200
  • Related: $0
  • Other: $0

    • Jim Litton (Director)
  • Compensation: $16,800
  • Related: $0
  • Other: $0

    • Mark Kline (Secretary) [Trustee/Director]
  • Compensation: $16,100
  • Related: $0
  • Other: $0

    • Phillip Jones (Director)
  • Compensation: $10,850
  • Related: $0
  • Other: $0

    • Craig Chambers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.plateauelectric.com

    Where can I find the form 990 for Plateau Electric Cooperative?

    The Plateau Electric Cooperative’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.plateauelectric.com

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

    Mission Statement of Plateau Electric Cooperative

    Plateau Electric Cooperative, a member-owned cooperative founded in 1939, strives to distribute top-notch electricity at the most affordable prices for its members. The cooperative's primary goal is to promote and facilitate economic development, enhancing the overall quality of life for its community.

    Plateau Electric Cooperative's mission is multi-faceted. It begins with the distribution of high-quality electricity at the lowest possible cost. By doing so, the cooperative enables its members to lead productive lives and foster growth within their households and businesses. In addition to providing electricity, the cooperative plays a vital role in promoting economic development. Through various initiatives, it facilitates the expansion of local businesses and industries, contributing to the overall prosperity of the community.

    Moreover, Plateau Electric Cooperative goes beyond just electricity distribution. It is dedicated to enhancing the quality of life for its members. By promoting economic development, it creates jobs and opportunities, leading to a stronger, more resilient community. The cooperative's commitment to its members extends beyond the power grid, making a positive impact on their lives in numerous ways.

    Impact

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




    Thursday, August 15, 2024

    Plateau Electric Cooperative plays a vital role in providing quality electricity at the lowest possible cost to approximately 17,700 members in Tennessee. By purchasing power from the Tennessee Valley Authority at wholesale, the cooperative ensures its members have access to reliable electricity. In addition to its core function of distributing electricity, Plateau Electric Cooperative also actively promotes and facilitates economic development in the region it serves, contributing to the overall growth and prosperity of the community. Through its efforts, the cooperative enhances the quality of life for its members by ensuring they have access to essential energy services.





    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: $174,792
  • Program Service Revenue: $47,738,089
  • Gross Receipts: $47,912,881

    • Assets and Liabilities:
  • Total Assets: $69,254,966
  • Total Liabilities: $21,626,755
  • Net Assets: $47,628,211
  • Programs

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

    DISTRIB OF ELECTRICITY

    Revenue

    $46,042,380

    POLE RENTAL

    Revenue

    $1,329,781

    SERVICE CHARGES AND FEES

    Revenue

    $365,928

    Organization Details

    Founding Year

    1939

    Principal Officer

    Dave Cross

    Main Address

    16200 SCOTT HIGHWAY PO BOX 4669, ONEIDA, TN, 37841

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Plateau 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.