Wiregrass Electric Cooperative

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

EIN: 630229728 ✦ Hartford, AL ✦ Designated as a 501(c)(12)

Overview

What is Wiregrass Electric Cooperative?

Wiregrass Electric Cooperative is a nonprofit organization based in Hartford, Alabama, that delivers electric utility services to approximately 18,900 consumer-members in Houston and Geneva Counties, as well as parts of Dale, Coffee, Henry, and Covington Counties. Utilizing a network of approximately 3,218 miles of electric distribution lines, they have provided 394,725,358 Kilowatt hours of electric energy. The cooperative's primary mission is to provide affordable electricity to its members. Margins are returned to members as capital credit retirements when the cooperative's financial situation allows. The cooperative employs a workforce of 67 individuals.


Official website here: www.wiregrass.coop

Is Wiregrass Electric Cooperative legitimate?

Wiregrass Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wiregrass 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: $1,110,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wiregrass.coop

What is the mission statement of Wiregrass Electric Cooperative?

Wiregrass Electric Cooperative is dedicated to delivering electric utility service to its cooperative members. As a distribution cooperative, it provides electricity at cost, with any surplus earnings returned to members in the form of capital credit retirements. The cooperative, which spans over 3,200 miles of electric distribution lines, supplied 394 million Kilowatt hours of electric energy to over 18,900 consumers in Alabama and surrounding areas. Its mission prioritizes cost-effective electricity access, ensuring financial benefits for its members.


Official website here: www.wiregrass.coop

Who is the CEO of Wiregrass Electric Cooperative?

Leslie Moreland is the Trustee of Wiregrass Electric Cooperative. The CEO's salary of Wiregrass Electric Cooperative is $230,571 and their total compensation is $315,607.


Official website here: www.wiregrass.coop

What is the revenue of Wiregrass Electric Cooperative?

Wiregrass Electric Cooperative's revenue in 2022 was $56,969,794.


Official website here: www.wiregrass.coop

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

The average compensation at Wiregrass Electric Cooperative during 2022 was $16,581. There are 67 employees at Wiregrass Electric Cooperative.

Here are 18 key members and their salaries (Wiregrass Electric Cooperative's CEO's salary is $230,571 and their total compensation is $315,607):

    Leslie Moreland (Chief Executive Officer)
  • Compensation: $230,571
  • Related: $0
  • Other: $85,036

    • Brad Kimbro (Chief Operating Officer)
  • Compensation: $186,330
  • Related: $0
  • Other: $66,963

    • Jason Thrash (Vp Of Engineering & Operat)
  • Compensation: $161,182
  • Related: $0
  • Other: $61,486

    • Lisa Lenoir (Chief Finance Officer)
  • Compensation: $143,239
  • Related: $0
  • Other: $58,269

    • Benjamin Miller (Serviceman)
  • Compensation: $119,808
  • Related: $0
  • Other: $44,971

    • Steven Sauls (Manager Of Field Operations)
  • Compensation: $113,035
  • Related: $0
  • Other: $43,386

    • Chad Sorrells (Serviceman)
  • Compensation: $111,316
  • Related: $0
  • Other: $44,847

    • Jason Grooms (Serviceman)
  • Compensation: $126,358
  • Related: $0
  • Other: $23,962

    • Joey Brown (Manager Of Operations)
  • Compensation: $118,453
  • Related: $0
  • Other: $26,635

    • Debra Baxley (Trustee - Secretary)
  • Compensation: $13,853
  • Related: $0
  • Other: $0

    • Tracy Reeder (Trustee)
  • Compensation: $13,832
  • Related: $0
  • Other: $0

    • John Clark (Trustee)
  • Compensation: $13,531
  • Related: $0
  • Other: $0

    • Gregory Mccullough (Trustee)
  • Compensation: $13,531
  • Related: $0
  • Other: $0

    • Danny B Mcneil (Trustee)
  • Compensation: $13,351
  • Related: $0
  • Other: $0

    • Ford Justice (Trustee)
  • Compensation: $13,247
  • Related: $0
  • Other: $0

    • Randy Odom (Trustee - Vice President)
  • Compensation: $12,760
  • Related: $0
  • Other: $0

    • David Winstead (Trustee - President)
  • Compensation: $12,556
  • Related: $0
  • Other: $0

    • Donald Ray Wilks (Trustee)
  • Compensation: $11,200
  • Related: $0
  • Other: $0


  • Official website here: www.wiregrass.coop

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

    The Wiregrass Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wiregrass.coop

    Learn more at the official website: www.wiregrass.coop

    Mission Statement of Wiregrass Electric Cooperative

    Wiregrass Electric Cooperative, a distribution cooperative headquartered in Alabama, is dedicated to delivering electric utility services to its cooperative members. The cooperative operates with a mission to provide electricity to its members at cost, ensuring affordability and fairness. During financially viable years, the cooperative allocates any surplus margins to its members in the form of capital credit retirements.

    At the heart of Wiregrass Electric Cooperative's operations is a network spanning approximately 3,218 miles of electric distribution lines. This extensive infrastructure allows the cooperative to serve over 18,900 consumer-members in various communities, providing them with a total of 394,725,358 Kilowatt hours of electric energy annually. By focusing on delivering electricity efficiently and cost-effectively, Wiregrass Electric Cooperative continues to make a significant impact on the lives of its members, enabling them to power their homes and businesses with reliable electric utility services.

    Impact

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




    Thursday, August 15, 2024

    Wiregrass Electric Cooperative's impact can be seen in the reliable and affordable electric utility service it provides to over 18,900 consumer-members in Houston and Geneva Counties in Alabama, as well as parts of Dale, Coffee, Henry, and Covington Counties. With approximately 3,218 miles of electric distribution lines, Wiregrass Electric Cooperative delivered 394,725,358 Kilowatt hours of electric energy to its members. This helps to power homes, businesses, and farms in the region, contributing to economic growth and quality of life for the community. Additionally, as a distribution cooperative, Wiregrass Electric Cooperative operates at cost, ensuring that any margins are assigned to members and returned in the form of capital credit retirements when financially feasible. This commitment to providing essential services efficiently and fairly demonstrates Wiregrass Electric Cooperative's positive impact on the community.





    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: $220,281
  • Program Service Revenue: $56,196,174
  • Gross Receipts: $57,002,475

    • Assets and Liabilities:
  • Total Assets: $149,286,109
  • Total Liabilities: $73,186,513
  • Net Assets: $76,099,596
  • Programs

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

    Sales of Electricity

    Revenue

    $55,227,449

    Patronage Dividends

    Revenue

    $968,725

    Organization Details

    Founding Year

    1939

    Principal Officer

    Leslie Moreland

    Main Address

    P O Box 158, Hartford, AL, 363440158

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Wiregrass 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.