Overview
What is Sand Mountain Electric Cooperative?
Sand Mountain Electric Cooperative is a nonprofit organization dedicated to delivering electricity to 32,566 customers residing in rural areas. Their primary goal is to offer electric service at the most affordable price, ensuring sound business practices are maintained. The mission of this cooperative is to provide power to its community members, ensuring they have access to essential electricity services.
Official website here: www.smec.coop
Is Sand Mountain Electric Cooperative legitimate?
Sand Mountain Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sand Mountain 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: $1,186,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,846,642
For more financial information, click here
Official website here: www.smec.coop
What is the mission statement of Sand Mountain Electric Cooperative?
Sand Mountain Electric Cooperative is dedicated to delivering electric service to its rural community members at the most affordable price, in line with sound business practices. The cooperative's main objective is to ensure that electricity is accessible to as many people as possible within its scope. By focusing on cost efficiency, Sand Mountain Electric Cooperative strives to make a significant contribution to the well-being of its clientele, providing them with reliable access to electricity. Through its mission, the cooperative aims to improve the lives of its members by providing them with a vital resource necessary for modern living. In pursuit of this goal, Sand Mountain Electric Cooperative is committed to maintaining a robust electric infrastructure while adhering to sustainable business practices.
Official website here: www.smec.coop
Who is the CEO of Sand Mountain Electric Cooperative?
Tyler Cooper is the President of Sand Mountain Electric Cooperative. The CEO's salary of Sand Mountain Electric Cooperative is $253,150 and their total compensation is $348,881.
Official website here: www.smec.coop
What is the revenue of Sand Mountain Electric Cooperative?
Sand Mountain Electric Cooperative's revenue in 2023 was $82,388,615.
Official website here: www.smec.coop
Who are the executives of Sand Mountain Electric Cooperative and what are their salaries?
The average compensation at Sand Mountain Electric Cooperative during 2023 was $102,986. There are 78 employees at Sand Mountain Electric Cooperative.
Here are 18 key members and their salaries (Sand Mountain Electric Cooperative's CEO's salary is $253,150 and their total compensation is $348,881):
- Kevin Anderson (Coo)
- Mark Malone (Ceo/General Manager)
- Larry Coots (Operations Superintendent)
- Diane B Hale (Manager Of Member Services)
- Tyler Cooper (Cfo/Manager Of Finance)
- Randy D Moody (Journeyman Lineman)
- Joseph Bates (Manager Of Engineering & P)
- Rodney B Horton (Superintendent Of Maintena)
- Brad Gilbert (Trustee)
- Randy L Bailey (Trustee)
- Larry G Godwin (Vice-President) [Trustee/Director]
- Danny Lacey (Trustee)
- Raymond Long (Secretary/Treasurer) [Trustee/Director]
- Roland Hendon (Trustee)
- Luke Freeman (Trustee)
- David Henderson (President) [Trustee/Director]
- Leo Bomian (Trustee)
- Jerry Mason (Former Trustee)
Official website here: www.smec.coop
Where can I find the form 990 for Sand Mountain Electric Cooperative?
The Sand Mountain Electric Cooperative’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.smec.coop
Learn more at the official website: www.smec.coop
Mission Statement of Sand Mountain Electric Cooperative
Sand Mountain Electric Cooperative, a dedicated provider of electric service, aims to bring power to rural communities at the most affordable price, adhering to sound business practices. The cooperative's mission is geared towards ensuring its members in remote areas receive reliable electricity, with a commitment to maintain financial responsibility.
In operation, Sand Mountain Electric Cooperative delivers electricity to over 32,500 customers, ensuring their homes and businesses have access to essential power. The cooperative's primary focus on affordability and sound business practices enables it to extend its services to rural communities, often overlooked by larger energy providers. By providing electricity at the lowest cost possible, Sand Mountain Electric Cooperative empowers its members to thrive in their daily lives, fostering economic growth and community development.
The cooperative's unwavering dedication to its mission is reflected in its operations. Sand Mountain Electric Cooperative is always seeking ways to optimize its service delivery while maintaining a strong financial position. This commitment to cost-effectiveness and operational efficiency ensures that the cooperative remains a dependable partner for its members, providing them with the electricity they need to lead fulfilling lives in their rural communities.
Impact
This information is meant to be a general summary of Sand Mountain Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Sand Mountain Electric Cooperative impacts rural areas by providing electricity to its 32,566 customers at the lowest possible cost while maintaining sound business practices. This ensures that residents in these areas have access to essential services necessary for their daily lives.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC SALES
Revenue
$81,020,116
Organization Details
Founding Year
1940
Phone
(256) 638-2153
Principal Officer
Tyler Cooper
Main Address
P O BOX 277, RAINSVILLE, AL, 35986
Website
www.smec.coop
NTEE Category
Code: W80 - Public benefit
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