Northcentral Electric Cooperative

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

EIN: 640300045 ✦ Olive branch, MS ✦ Designated as a 501(c)(12)

Overview

What is Northcentral Electric Cooperative?

Northcentral Electric Cooperative is a nonprofit organization headquartered at 4600 NORTHCENTRAL WAY in Olive Branch, Mississippi (38654). Their primary focus is to provide electric power service to their association members in a courteous and timely manner. They are dedicated to ensuring the delivery of safe, reliable, and affordable power to their customers. The cooperative employs a team of 127 individuals to accomplish this mission.


Official website here: www.northcentralelectric.com

Is Northcentral Electric Cooperative legitimate?

Northcentral Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Northcentral 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,753,678

For more financial information, click here


Official website here: www.northcentralelectric.com

What is the mission statement of Northcentral Electric Cooperative?

Northcentral Electric Cooperative is committed to delivering safe, reliable, and affordable electricity to its customers in a courteous and timely manner. The cooperative's primary mission is to ensure the provision of electric power service to its members, prioritizing their needs. By focusing on safety, reliability, and affordability, Northcentral Electric Cooperative aims to build trust and satisfaction among its customer base. The cooperative's dedication to customer service goes beyond just electricity, as it strives to maintain a professional and respectful approach in all interactions with its customers. Additionally, the cooperative works diligently to maintain the infrastructure required to ensure a consistent power supply, ensuring the well-being and comfort of its members.


Official website here: www.northcentralelectric.com

Who is the CEO of Northcentral Electric Cooperative?

William K Doddridge is the General Mana of Northcentral Electric Cooperative.


Official website here: www.northcentralelectric.com

What is the revenue of Northcentral Electric Cooperative?

Northcentral Electric Cooperative's revenue in 2022 was $125,968,963.


Official website here: www.northcentralelectric.com

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

The average compensation at Northcentral Electric Cooperative during 2022 was $29,557. There are 127 employees at Northcentral Electric Cooperative.

Here are 15 key members and their salaries:

    William K Doddridge (General Mana)
  • Compensation: $336,620
  • Related: $0
  • Other: $99,672

    • Mark Nichols (Director Of)
  • Compensation: $190,057
  • Related: $0
  • Other: $68,774

    • Larry Johnson (Director Of)
  • Compensation: $182,689
  • Related: $0
  • Other: $65,964

    • Jonathan Cox (Director Of)
  • Compensation: $163,993
  • Related: $0
  • Other: $60,349

    • Jake Bellipanni (Director Of)
  • Compensation: $159,773
  • Related: $0
  • Other: $60,349

    • Darin Farley (Director Of)
  • Compensation: $151,530
  • Related: $0
  • Other: $52,938

    • Tony Taylor (Board Member) [Trustee/Director]
  • Compensation: $20,750
  • Related: $0
  • Other: $0

    • Pat Woods (President) [Trustee/Director]
  • Compensation: $20,250
  • Related: $0
  • Other: $0

    • Ricky Jones (Board Member) [Trustee/Director]
  • Compensation: $19,750
  • Related: $0
  • Other: $0

    • Julie Niblett (Board Member) [Trustee/Director]
  • Compensation: $19,250
  • Related: $0
  • Other: $0

    • Morris Thompson (Board Member) [Trustee/Director]
  • Compensation: $19,250
  • Related: $0
  • Other: $0

    • Phil Lachaussee (Board Member) [Trustee/Director]
  • Compensation: $18,750
  • Related: $0
  • Other: $0

    • Don Dickerson (Secretary) [Trustee/Director]
  • Compensation: $16,250
  • Related: $0
  • Other: $0

    • Jerry Nichols (Vice Preside) [Trustee/Director]
  • Compensation: $15,250
  • Related: $0
  • Other: $0

    • Joan Childress (Board Member) [Trustee/Director]
  • Compensation: $14,250
  • Related: $0
  • Other: $0


  • Official website here: www.northcentralelectric.com

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

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


    Official website here: www.northcentralelectric.com

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

    Mission Statement of Northcentral Electric Cooperative

    Northcentral Electric Cooperative, a dedicated service provider, is committed to delivering safe, dependable, and affordable electricity to its customers. This mission is carried out in a courteous and timely manner. The cooperative's primary goal is to ensure that every household and business under its care receives consistent electric power service.

    In essence, Northcentral Electric Cooperative is more than just a power provider; it is a trusted partner to its members. It strives to maintain a strong and reliable electric infrastructure that can meet the ever-evolving energy needs of its customer base. Moreover, the cooperative is dedicated to keeping electricity charges reasonable, enabling its customers to manage their budgets effectively. The cooperative's team is professional, courteous, and always willing to lend a helping hand whenever needed.

    By prioritizing safety, reliability, affordability, and customer service, Northcentral Electric Cooperative has built a reputation for excellence in the energy industry. The cooperative's unwavering commitment to its mission has made it an essential resource for countless communities, enabling them to thrive and prosper in a world increasingly reliant on electricity.

    Impact

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




    Thursday, August 15, 2024

    Northcentral Electric Cooperative's impact lies in providing safe, reliable, and affordable power to customers in a courteous and timely manner. Their mission is centered around delivering electric power service to their members, ensuring that households and businesses have access to essential electricity services in the city of Olive Branch, MS. By fulfilling this mission, Northcentral Electric Cooperative plays a crucial role in supporting the community's infrastructure and enhancing the quality of life for its 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: $294,517
  • Program Service Revenue: $125,072,563
  • Gross Receipts: $125,968,963

    • Assets and Liabilities:
  • Total Assets: $185,941,805
  • Total Liabilities: $71,268,759
  • Net Assets: $114,673,046
  • Programs

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

    ELECTRICITY SALES

    Revenue

    $125,072,563

    Organization Details

    Founding Year

    1950

    Principal Officer

    William K Doddridge

    Main Address

    4600 NORTHCENTRAL WAY, OLIVE BRANCH, MS, 38654

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Northcentral 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.