Overview
What is Woodruff Electric Cooperative Corp?
Woodruff Electric Cooperative Corp is a nonprofit organization based in Forrest City, Arkansas. With a total of 81 employees, their mission is to make electric energy accessible to their members at the most affordable cost, ensuring sound economy and good management. The cooperative provides electricity to rural areas and reported 24,329 services in place at the year-end.
Official website here: www.woodruffelectric.com
Is Woodruff Electric Cooperative Corp legitimate?
Woodruff Electric Cooperative Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Woodruff Electric Cooperative Corp 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: $707,114
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,508,424
For more financial information, click here
Official website here: www.woodruffelectric.com
What is the mission statement of Woodruff Electric Cooperative Corp?
Woodruff Electric Cooperative Corp is dedicated to making electric energy accessible to its members at the most affordable price, ensuring sound economy and good management. The cooperative prioritizes providing electricity to its community, with a total of 24,329 services in operation at the year end. The mission is to bring the essential power source to rural areas, maintaining a balance between affordability and effective management.
Official website here: www.woodruffelectric.com
Who is the CEO of Woodruff Electric Cooperative Corp?
Michael L Swan is the President/Ce of Woodruff Electric Cooperative Corp.
Official website here: www.woodruffelectric.com
What is the revenue of Woodruff Electric Cooperative Corp?
Woodruff Electric Cooperative Corp's revenue in 2022 was $59,033,506.
Official website here: www.woodruffelectric.com
Who are the executives of Woodruff Electric Cooperative Corp and what are their salaries?
The average compensation at Woodruff Electric Cooperative Corp during 2022 was $76,735. There are 81 employees at Woodruff Electric Cooperative Corp.
Here are 19 key members and their salaries:
- Michael L Swan (President/Ce)
- Ronald L Cockmon (Vp-Office Se)
- Jimmy R Cook (Vp-Engineeri)
- Glenn M Kelley (Vp-Informati)
- Rodney Kelso (Vp - Operati)
- Edward Milton (District Man)
- Kevin Scott (Vp - Corpora)
- Norma Hawkins (Vp Of Human)
- Barry Duncan (District Man)
- Ab Thompson Jr (Director)
- Jerry Brown (Director)
- Charles C Burrow Iii (Director)
- Joe Whittenton Iii (Director)
- W Wayne Beadles (Director)
- Jimmy N Bickerstaff (Director)
- Shelia Banks (Director)
- Jack Caperton Iii (Director)
- Brent Ponder (Director)
- Bill Rushing (Director)
Official website here: www.woodruffelectric.com
Where can I find the form 990 for Woodruff Electric Cooperative Corp?
The Woodruff Electric Cooperative Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.woodruffelectric.com
Learn more at the official website: www.woodruffelectric.com
Mission Statement of Woodruff Electric Cooperative Corp
Woodruff Electric Cooperative Corp, a dedicated organization, strives to make electric energy accessible to its members at the most affordable price, in harmony with sound economic practices and good management. The cooperative's primary goal is to ensure a consistent and reliable electricity supply to its rural community, serving a total of 24,329 services at the year's end. By focusing on affordability and effective management, Woodruff Electric Cooperative Corp sets itself apart as a trusted provider in the energy sector.
Impact
This information is meant to be a general summary of Woodruff Electric Cooperative Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Woodruff Electric Cooperative Corp's impact is centered on providing electricity to its members in rural areas at the lowest cost possible while ensuring sound economy and good management practices. The cooperative plays a crucial role in ensuring that residents in these areas have access to essential electricity services, totaling 24,329 services in place at the end of the year. By fulfilling its mission of making electric energy available to its members at an affordable rate, Woodruff Electric Cooperative Corp positively impacts the lives of individuals, businesses, and communities in Forrest City, Arkansas, and the surrounding areas.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING REVENUES
Revenue
$56,774,403
G&T AND OTHER CAPITAL CREDITS
Revenue
$1,718,658
Organization Details
Founding Year
1937
Phone
(870) 633-2262
Principal Officer
Michael L Swan
Main Address
PO BOX 1619, FORREST CITY, AR, 72335
Website
www.woodruffelectric.com
NTEE Category
Code: W80 - Public benefit
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