Overview
What is Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc is a nonprofit organization dedicated to providing electricity to consumers in rural areas. Based on the provided information, they serve a customer base of approximately 13,807 individuals. The cooperative's primary activity involves the sale of electricity to these consumers.
Is Concordia Electric Cooperative Inc legitimate?
Concordia Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Concordia Electric Cooperative Inc 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: $0
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What is the mission statement of Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc focuses on providing electricity to consumers residing in rural areas. With a customer base of over 13,000 individuals, the cooperative is dedicated to ensuring consistent access to electricity for its community. Its primary objective is to sell electricity, aiming to bring power to rural consumers and enhance their daily lives. The cooperative's commitment extends beyond just sales, as it strives to maintain a reliable and uninterrupted electricity supply for its customers. Additionally, it may offer various services or initiatives to support and engage with the rural community it serves.
Who is the CEO of Concordia Electric Cooperative Inc?
Stanley Dewayne Bailey is the General Manager & Ceo of Concordia Electric Cooperative Inc. The CEO's salary of Concordia Electric Cooperative Inc is $112,420 and their total compensation is $112,720.
What is the revenue of Concordia Electric Cooperative Inc?
Concordia Electric Cooperative Inc's revenue in 2022 was $25,883,979.
Who are the executives of Concordia Electric Cooperative Inc and what are their salaries?
Here are 10 key members and their salaries (Concordia Electric Cooperative Inc's CEO's salary is $112,420 and their total compensation is $112,720):
- Stanley Dewayne Bailey (General Manager & Ceo)
- Bobby Creel (Director)
- Don Hamilton (Vice President) [Trustee/Director]
- David Wade (President) [Trustee/Director]
- Brenda Higdon (Secretary) [Trustee/Director]
- William Cockerham (Treasurer) [Trustee/Director]
- Kenneth Ford (Director)
- David Cole (Director)
- Christopher Freeman (Director)
- June B Plunket (Director)
Where can I find the form 990 for Concordia Electric Cooperative Inc?
The Concordia Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Concordia Electric Cooperative Inc
Concordia Electric Cooperative Inc, a dedicated organization, is committed to providing electricity to consumers residing in rural areas. With a significant consumer base of 13,773, 13,787, and 13,807 individuals, this cooperative carries out the critical task of ensuring uninterrupted power supply to its members.
By focusing on the sale of electricity, Concordia Electric Cooperative Inc plays a vital role in bringing light and power to the daily lives of those living in rural communities. By providing this essential service, the organization enhances the quality of life and contributes to the overall development of the rural areas it serves.
In summary, Concordia Electric Cooperative Inc is an indispensable organization that brings electricity to consumers in rural areas. With a mission to deliver power to over thirteen thousand individuals, this cooperative plays a pivotal role in improving the living conditions and enhancing the daily experiences of those it serves.
Impact
This information is meant to be a general summary of Concordia Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Concordia Electric Cooperative Inc plays a crucial role in providing electricity to consumers in rural areas. With a customer base of over 13,000 consumers, the cooperative ensures that these individuals have access to a vital utility service. By delivering reliable electricity to remote communities, Concordia Electric Cooperative Inc contributes to enhancing the quality of life and economic opportunities for residents in these rural areas. Their impact is evident in the daily lives of those they serve, powering homes, schools, businesses, and essential services to support the well-being and development of these communities.
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 Rev & Patronage Cap
Revenue
$25,807,195
Other Capital Credits & Patronage Dividends
Revenue
$18,779
Organization Details
Founding Year
1940
Phone
(318) 339-7969
Principal Officer
Stanley Dewayne Bailey
Main Address
PO Box 98, Jonesville, LA, 71343
NTEE Category
Code: W80 - Public benefit
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