Overview
What is Dixie Electric Membership Corporation?
Dixie Electric Membership Corporation, based in Baton Rouge, Louisiana, is a nonprofit cooperative dedicated to delivering quality and reliable electric energy to its members. With 115,977 active services at year end, DEMCO's mission is to enhance the quality of life for members by providing safe, efficient, and competitively priced energy services. The cooperative focuses on community engagement, employing 279 individuals to ensure the allocation of patronage capital and the provision of essential electric services.
Official website here: www.demco.org
Is Dixie Electric Membership Corporation legitimate?
Dixie Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dixie Electric Membership Corporation 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: $1,470,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,427,734
For more financial information, click here
Official website here: www.demco.org
What is the mission statement of Dixie Electric Membership Corporation?
Dixie Electric Membership Corporation is dedicated to providing quality and reliable electric service to its cooperative members. The organization prioritizes enhancing the quality of life for its members by ensuring the delivery of safe and competitively priced energy services. Through cooperative efforts, DEMCO allocates patronage capital to provide electric energy to its active services, which totaled 115,977 at the end of the year.
Official website here: www.demco.org
Who is the CEO of Dixie Electric Membership Corporation?
Randall Pierce is the Director of Dixie Electric Membership Corporation. The CEO's salary of Dixie Electric Membership Corporation is $388,806 and their total compensation is $561,465.
Official website here: www.demco.org
What is the revenue of Dixie Electric Membership Corporation?
Dixie Electric Membership Corporation's revenue in 2022 was $316,976,547.
Official website here: www.demco.org
Who are the executives of Dixie Electric Membership Corporation and what are their salaries?
The average compensation at Dixie Electric Membership Corporation during 2022 was $60,569. There are 279 employees at Dixie Electric Membership Corporation.
Here are 21 key members and their salaries (Dixie Electric Membership Corporation's CEO's salary is $388,806 and their total compensation is $561,465):
- Randall Pierce (Ceo & General Manager)
- Pearl Overhultz (Chief Cs)
- Mark Phillips (Vp Engineering & Operations)
- Peggy Maranan (Cfo)
- Patrick Mansfield (It Manager)
- Matt Gibson (Director Of Engineering)
- Kenneth Bailey (Field Staking Technician)
- Veronica Claiborne (Key Account Manager)
- Leslie Falks (Director)
- Richard Sitman (Director)
- Daniel Berthelot (President) [Trustee/Director]
- Randy Lorio (Vice President) [Trustee/Director]
- Steve Irving (Director)
- Edward Delee (Director)
- Jill Mcgraw (Director)
- Tresa Byrd (Director)
- Elinda Taillon (Director)
- Dennis Lott (Secretary/Treasurer) [Trustee/Director]
- Kevin Beachamp (Director)
- Melissa Dufreche (Director)
- Mike Anderson (Director)
Official website here: www.demco.org
Where can I find the form 990 for Dixie Electric Membership Corporation?
The Dixie Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.demco.org
Learn more at the official website: www.demco.org
Mission Statement of Dixie Electric Membership Corporation
Dixie Electric Membership Corporation, or DEMCO, is dedicated to delivering quality and reliable electric services to its cooperative members. By focusing on enhancing the quality of life for its members, DEMCO goes beyond just providing energy. It ensures that the energy served is safe, dependable, and competitively priced.
DEMCO's mission is geared towards cooperatively providing electric energy to its members. This cooperative model allows for the allocation of patronage capital, a unique aspect of the business. At the end of the year, there were 115,977 active services under DEMCO's umbrella.
By prioritizing the needs of its members, DEMCO strives to create a strong and sustainable energy infrastructure. This commitment to member satisfaction and service reliability sets DEMCO apart in the energy industry. The cooperative's mission is not just about electricity; it's about improving the everyday lives of those it serves.
Impact
This information is meant to be a general summary of Dixie Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Dixie Electric Membership Corporation plays a crucial role in providing quality and reliable electric service to its members. With a focus on enhancing the quality of life for its members, DEMCO ensures the provision of safe, reliable, and competitively priced energy services. As of the latest data available, there were 115,977 active services being provided by DEMCO. Through its cooperative approach and allocation of patronage capital, Dixie Electric Membership Corporation has a direct impact on the daily lives of its members, ensuring access to essential energy services for their homes and businesses in Baton Rouge, LA.
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.
SALES OF ELECTRICITY
Revenue
$309,799,601
SERVICE FEES
Revenue
$4,296,846
PATRONAGE DIVIDENDS
Revenue
$794,609
Organization Details
Founding Year
1938
Phone
(844) 693-3626
Principal Officer
Randall Pierce
Main Address
PO BOX 15659, BATON ROUGE, LA, 70895
Website
www.demco.org
NTEE Category
Code: W80 - Public benefit
If you are a representative of Dixie Electric Membership Corporation 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.