AI Summary
EDISTO ELECTRIC COOPERATIVE INC is a nonprofit organization dedicated to providing reliable electric service to all who desire it within its service area, maintaining a commitment to high standards and reasonable costs. With an operating budget of $58.1 million and total revenue of $61.5 million for the 2024 filing year, the cooperative's funding includes a significant contribution of $14.5 million from an undisclosed source, which does not account for 50% or more of its total revenue. The organization focuses on the public utilities sector, ensuring access to electricity for its community.
Mission Statement
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.
Cause Areas
1
Public utilities
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
CENTRAL ELECTRIC POWER COOPERATIVE INC
Columbia, SC, US
$2M
14%
Frequently Asked Questions
What is EDISTO ELECTRIC COOPERATIVE INC’s budget?
In 2024, EDISTO ELECTRIC COOPERATIVE INC reported an annual operating budget of around $58.1 million. More detailed financial information is available to registered users.
What causes does EDISTO ELECTRIC COOPERATIVE INC support?
EDISTO ELECTRIC COOPERATIVE INC supports work in Public utilities.
Where does EDISTO ELECTRIC COOPERATIVE INC operate?
EDISTO ELECTRIC COOPERATIVE INC is headquartered in BAMBERG, SC.
Who funded EDISTO ELECTRIC COOPERATIVE INC recently?
In 2023, EDISTO ELECTRIC COOPERATIVE INC received grants from CENTRAL ELECTRIC POWER COOPERATIVE INC and CENTRAL ELECTRIC POWER COOPERATIVE INC. More information on this organization’s funders is available to registered users.
What is the largest grant EDISTO ELECTRIC COOPERATIVE INC received in 2023?
The largest grant to EDISTO ELECTRIC COOPERATIVE INC in 2023 exceeds $16 thousand.