Okefenoke Rural Electric Membership Corporation

Organization Overview

Okefenoke Rural Electric Membership Corporation is located in Nahunta, GA. The organization was established in 1941. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Okefenoke Rural Electric Membership Corporation employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Okefenoke Rural Electric Membership Corporation is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Okefenoke Rural Electric Membership Corporation generated $75.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $75.0m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
John Middleton
General Mana
$250,503
Michael Boatwright
Line Crew Fo
$146,148
Travis Page
Mgr Of Dist
$145,237
Darren Crews
Mgr Of Engin
$135,640
David Smith
Hr Director
$131,746
Tony Rowell
Mgr Of Info
$130,419

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Asplundh Tree Expert Llc
Row
$2,378,293
Tisinger Vance Pc
Legal
$109,147
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$74,897,880
Investment income $47,520
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $74,995,263

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