Okefenoke Rural Electric Membership Corporation
501(c)(12)
Strong reserves Growing revenue
Okefenoke Rural Electric Membership Corporation is a 501(c)(12) organization based in Nahunta, Georgia, registered in 1941, with $102,096,950 in FY2024 revenue.
Po Box 602, Nahunta, GA, 31553 EIN 58-0373327 Since 1941
Revenue (FY2024)
$102.1M
▲ 14.9% vs prior year
Expenses (FY2024)
$102.1M
Net assets
$78.1M
Employees
113
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Okefenoke Rural Electric Membership Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Okefenoke Rural Electric Membership Corporation: 9 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Okefenoke Rural Electric Membership Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Okefenoke Rural Electric Membership Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
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.
Contact & location
Financial trends
Revenue grew from $70.2M (FY2017) to $102.1M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $146.8MNet assets $78.1M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$224.9M
Total liabilities
$146.8M
Net assets
$78.1M
Salaries & benefits
$597K
1% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $102,096,950▲14.9% | $102,096,950▲14.9% | $78,098,261▲8.2% | $224,850,579▲8.5% | 990 |
| 2023 | $88,852,838▼0.8% | $88,852,838▼0.8% | $72,178,340▲5.5% | $207,267,510▲6.3% | 990 |
| 2022 | $89,561,541▲19.4% | $89,561,541▲19.4% | $68,410,115▲2.3% | $194,968,134▲8.8% | 990 |
| 2021 | $74,995,263▲1.2% | $74,995,263▲1.2% | $66,847,797▲5.3% | $179,241,963▲3.6% | 990 |
| 2020 | $74,126,821▼0.8% | $74,126,821▼0.8% | $63,460,717▲3.9% | $172,949,815▲3.9% | 990 |
| 2019 | $74,701,644▲1.7% | $74,701,644▲1.7% | $61,076,149▲1.5% | $166,498,072▲5.6% | 990 |
| 2018 | $73,487,720▲4.7% | $73,487,720▲4.7% | $60,196,505▲5.2% | $157,640,390▲2.9% | 990 |
| 2017 | $70,199,001 | $70,199,001 | $57,219,649 | $153,129,959 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: John Middleton — $340,371 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Middleton | General Mana | 50 | $340,371 |
| Travis Page | Mgr of Dist | 50 | $184,940 |
| Darren Crews | Mgr of Engin | 50 | $179,426 |
| Buddy Hall | General Fore | 50 | $174,036 |
| Tony Rowell | Mgr of Info | 50 | $173,674 |
| David Smith | Hr Director | 50 | $172,947 |
| Joe Loomis | Director | 3 | $27,933 |
| Craig Morgan | Director | 3 | $27,336 |
| James Giddens | Director | 3 | $25,711 |
| Terrell Brazell | Director | 3 | $23,430 |
| Clyde Mizell | Director | 3 | $22,761 |
| Jimmy Woodard | 2nd Vp | 3 | $14,634 |
| Cristi B Koncz | Secretary-tr | 4 | $13,734 |
| Robert W Combs | President | 6 | $1,760 |
| Steve E Rawl Sr | 1st Vp | 4 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Asplundh Tree Expert LLC | Row | $2,544,810 |
| Terravolt Solutions LLC | Row | $1,251,600 |
| Cindys Custom Cleaning | Janitorial | $145,925 |
| Prosource Utility Contractors LLC | Restoration Svc | $136,971 |
| Wa Kendall and Company LLC | Row | $111,242 |
Frequently asked questions
- Is Okefenoke Rural Electric Membership Corporation a legitimate nonprofit?
- Yes. Okefenoke Rural Electric Membership Corporation is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 58-0373327, based in Nahunta, Georgia.
- What is Okefenoke Rural Electric Membership Corporation's EIN?
- Okefenoke Rural Electric Membership Corporation's Employer Identification Number (EIN) is 58-0373327.
- How much revenue does Okefenoke Rural Electric Membership Corporation report?
- Okefenoke Rural Electric Membership Corporation reported $102,096,950 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Okefenoke Rural Electric Membership Corporation's highest-paid employee make?
- The highest reported compensation on Okefenoke Rural Electric Membership Corporation's latest Form 990 is $340,371, paid to John Middleton (General Mana).
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Data for Okefenoke Rural Electric Membership Corporation (EIN 58-0373327) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.