Black Warrior Electric Membership Corporation

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

EIN: 630023263 ✦ Demopolis, AL ✦ Designated as a 501(c)(12)

Overview

What is Black Warrior Electric Membership Corporation?

Black Warrior Electric Membership Corporation is a nonprofit organization based in Demopolis, Alabama. Using over 6,800 miles of electric distribution lines, they provide electric energy to around 26,800 members, including residential, commercial, and industrial consumers, in West-Central Alabama. Their mission is to make electric energy accessible to their cooperative members at the most affordable cost, ensuring sound economic practices and effective management. The corporation serves approximately 384 million Kilowatt Hours annually.


Official website here: www.blackwarrioremc.com

Is Black Warrior Electric Membership Corporation legitimate?

Black Warrior Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Black Warrior Electric Membership 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: $527,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.blackwarrioremc.com

What is the mission statement of Black Warrior Electric Membership Corporation?

Black Warrior Electric Membership Corporation is dedicated to providing electric service to its cooperative members in an economically sound and well-managed manner. Its primary mission is to make electric energy accessible to members at the most affordable cost. Through the operation of over 6,800 miles of electric distribution lines, the corporation successfully delivered approximately 384 million Kilowatt Hours of electric energy to around 26,800 residential, commercial, and industrial members in West Alabama.


Official website here: www.blackwarrioremc.com

Who is the CEO of Black Warrior Electric Membership Corporation?

Daryl L Jones is the Trustee-President of Black Warrior Electric Membership Corporation.


Official website here: www.blackwarrioremc.com

What is the revenue of Black Warrior Electric Membership Corporation?

Black Warrior Electric Membership Corporation's revenue in 2022 was $46,551,724.


Official website here: www.blackwarrioremc.com

Who are the executives of Black Warrior Electric Membership Corporation and what are their salaries?

The average compensation at Black Warrior Electric Membership Corporation during 2022 was $7,436. There are 71 employees at Black Warrior Electric Membership Corporation.

Here are 16 key members and their salaries:

    Daryl L Jones (Manager)
  • Compensation: $213,032
  • Related: $0
  • Other: $100,145

    • Robert Rose (Lineman)
  • Compensation: $139,518
  • Related: $0
  • Other: $30,555

    • Ja Sharpe (District Manager)
  • Compensation: $134,945
  • Related: $0
  • Other: $31,728

    • Walter A Quarles (Lineman)
  • Compensation: $141,697
  • Related: $0
  • Other: $21,341

    • Emmett P Solomon (District Manager)
  • Compensation: $134,944
  • Related: $0
  • Other: $27,556

    • John E Barnes (District Manager)
  • Compensation: $131,123
  • Related: $0
  • Other: $30,830

    • Dawn G Quarles (Office Manager)
  • Compensation: $122,826
  • Related: $0
  • Other: $7,536

    • Terry Barr (Trustee-President)
  • Compensation: $10,200
  • Related: $0
  • Other: $0

    • Irvin Eatman (Trustee- Vice President)
  • Compensation: $9,750
  • Related: $0
  • Other: $0

    • Clyde Fields (Trustee)
  • Compensation: $9,500
  • Related: $0
  • Other: $0

    • Audra Browder (Trustee)
  • Compensation: $9,500
  • Related: $0
  • Other: $0

    • Ronnie Hall (Trustee)
  • Compensation: $9,500
  • Related: $0
  • Other: $0

    • Ottice Russelle (Trustee)
  • Compensation: $9,250
  • Related: $0
  • Other: $0

    • John E Lanier (Trustee)
  • Compensation: $9,250
  • Related: $0
  • Other: $0

    • William Townsend Kyser Iii (Trustee)
  • Compensation: $9,250
  • Related: $0
  • Other: $0

    • Peter Michael Reynolds Jr (Trustee-Secretary)
  • Compensation: $8,750
  • Related: $0
  • Other: $0


  • Official website here: www.blackwarrioremc.com

    Where can I find the form 990 for Black Warrior Electric Membership Corporation?

    The Black Warrior Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.blackwarrioremc.com

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

    Mission Statement of Black Warrior Electric Membership Corporation

    Black Warrior Electric Membership Corporation, a not-for-profit organization, is dedicated to the mission of making electric energy accessible to its members at the most affordable cost, all while maintaining a strong economy and good management. With a vast electric distribution network spanning 6,889 miles, Black Warrior Electric Membership Corporation successfully delivered 383,804,449 Kilowatt Hours of electricity to approximately 26,800 members in West-Central Alabama, comprising residents, commercial entities, and industrial facilities.

    By prioritizing affordable energy, Black Warrior Electric Membership Corporation strives to ensure that every member can access essential electric services without undue financial burden. The organization's commitment to sound economy and good management allows it to provide dependable and cost-effective electric service, enabling its members to thrive and prosper in their respective endeavors. Through its tireless efforts, Black Warrior Electric Membership Corporation has established itself as a trusted partner in the energy sector, consistently delivering electricity to its members while maintaining a strong financial foundation.

    Impact

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




    Thursday, August 15, 2024

    Black Warrior Electric Membership Corporation's impact is significant in providing electric service to cooperative members in West Alabama at the lowest cost consistent with sound economy and good management. With 6,889 miles of electric distribution lines, the corporation provided 383,804,449 Kilowatt Hours of electric energy to approximately 26,800 residential, commercial, and industrial members in West-Central Alabama. By fulfilling its mission of making electric energy available to members at the lowest cost, the corporation plays a crucial role in supporting the community and enhancing economic development 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: $37,805
  • Program Service Revenue: $46,106,920
  • Gross Receipts: $46,551,724

    • Assets and Liabilities:
  • Total Assets: $80,681,833
  • Total Liabilities: $14,757,065
  • Net Assets: $65,924,768
  • Programs

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

    Sales of Electricity

    Revenue

    $46,084,290

    Patronage Allocations

    Revenue

    $22,630

    Organization Details

    Founding Year

    1938

    Principal Officer

    Daryl L Jones

    Main Address

    PO Box 779, Demopolis, AL, 36732

    NTEE Category

    Code: W80 - Public benefit

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