Monroe County Electric Power Associ

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

EIN: 640208370 ✦ Amory, MS ✦ Designated as a 501(c)(12)

Overview

What is Monroe County Electric Power Associ?

Monroe County Electric Power Associ is a nonprofit organization based in Amory, Mississippi. With a mission to provide affordable electric service, they cater to over 12,000 members in rural areas. Their primary focus is delivering electrical power to communities, ensuring a consistent energy supply for their clientele. The organization, with a workforce of 43 employees, remains committed to meeting the electrical needs of its members in an efficient and effective manner.


Official website here: www.monroecountyelectric.com

Is Monroe County Electric Power Associ legitimate?

Monroe County Electric Power Associ is a legitimate nonprofit organization registered as a 501(c)(12) entity. Monroe County Electric Power Associ 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,155,699

For more financial information, click here


Official website here: www.monroecountyelectric.com

What is the mission statement of Monroe County Electric Power Associ?

Monroe County Electric Power Associ is dedicated to delivering electrical power services to rural communities, catering to over 12,000 members. Their mission is to ensure affordable electricity for all association members. They prioritize providing reliable and essential electrical power to enhance the quality of life for those in the community. Their efforts include maintaining and upgrading infrastructure to keep up with the evolving energy needs of their members. Moreover, they work towards creating a sustainable energy future, ensuring their services remain accessible and affordable, even in the face of changing energy landscapes.


Official website here: www.monroecountyelectric.com

Who is the CEO of Monroe County Electric Power Associ?

Barry Rowland is the General Mana of Monroe County Electric Power Associ.


Official website here: www.monroecountyelectric.com

What is the revenue of Monroe County Electric Power Associ?

Monroe County Electric Power Associ's revenue in 2022 was $29,042,620.


Official website here: www.monroecountyelectric.com

Who are the executives of Monroe County Electric Power Associ and what are their salaries?

The average compensation at Monroe County Electric Power Associ during 2022 was $50,133. There are 43 employees at Monroe County Electric Power Associ.

Here are 11 key members and their salaries:

    Barry Rowland (General Mana)
  • Compensation: $165,956
  • Related: $0
  • Other: $38,898

    • Ryan Payne (Secretary/Tr)
  • Compensation: $99,030
  • Related: $0
  • Other: $31,149

    • Martha Elaine Dobbs (Director)
  • Compensation: $150
  • Related: $0
  • Other: $2,704

    • Avery Duncan (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $202

    • Phil Prewitt (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $202

    • Ira Thomas Crook Iii (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $158

    • Walton Willis (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $158

    • Frank Owen (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $125

    • Roy Lee Lindsey (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • Brad Leach (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $202

    • Mechelle Welch (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $202


  • Official website here: www.monroecountyelectric.com

    Where can I find the form 990 for Monroe County Electric Power Associ?

    The Monroe County Electric Power Associ’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.monroecountyelectric.com

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

    Mission Statement of Monroe County Electric Power Associ

    Monroe County Electric Power Associ, a nonprofit organization, is dedicated to providing affordable electrical power service to over 12,000 members in rural areas. The mission of Monroe County Electric Power Associ is to ensure that every household and business in its network has reliable access to electricity.

    In fulfilling its mission, Monroe County Electric Power Associ focuses on delivering electrical power to communities that might not otherwise have access to this essential service. By providing electricity, the organization enhances the quality of life for its members, enabling them to run their homes and businesses more effectively.

    Monroe County Electric Power Associ's commitment to affordable electricity is a significant aspect of its mission. By keeping electrical service costs reasonable, the organization ensures that its members can maintain a steady budget and have the means to support their families and businesses. This dedication to affordability sets Monroe County Electric Power Associ apart, making it an invaluable resource for the communities it serves.

    Impact

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




    Thursday, August 15, 2024

    Monroe County Electric Power Association's impact lies in providing electrical power service to rural areas, specifically in Amory, Mississippi. With a mission to offer affordable electric service to more than 12,000 members, the association plays a crucial role in ensuring that these rural communities have access to necessary electricity for their homes and businesses. Through their activities, Monroe County Electric Power Association contributes to the development and well-being of the areas they serve, ultimately improving the quality of life for their members.





    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: $269,814
  • Program Service Revenue: $26,575,849
  • Gross Receipts: $29,042,620

    • Assets and Liabilities:
  • Total Assets: $77,077,439
  • Total Liabilities: $35,497,869
  • Net Assets: $41,579,570
  • Programs

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

    ELECTRIC REVENUE SALES

    Revenue

    $25,483,243

    POLE RENTAL

    Revenue

    $1,092,606

    Organization Details

    Founding Year

    1936

    Principal Officer

    Barry Rowland

    Main Address

    PO BOX 300, AMORY, MS, 38821

    NTEE Category

    Code: W80 - Public benefit

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