Overview

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Est.

1937

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Sumter Electric Membership Corp is a nonprofit organization dedicated to providing high-quality electric service to all customers within its service area at reasonable costs, adhering to the highest standards of service. With an operating budget of $54.4 million and total revenue of $57 million for the 2024 filing year, the organization plays a significant role in the public utilities sector. More information can be found on their website at www.sumteremc.com.

Mission Statement

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
Revenues
$57M
Expenses
$57M
Net Income:
+$0
Assets
$173.2M
Liabilities
$94.4M
Net Assets:
+$78.8M
Operating Budget
$54.4M
Operating Budget by Year

Due Diligence

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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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R
Rene Smith
Board Member
L
Lehanne Singleton
Board Member
E
Eddie Watson
Board Member

Frequently Asked Questions

What is SUMTER ELECTRIC MEMBERSHIP CORP’s budget?
In 2024, SUMTER ELECTRIC MEMBERSHIP CORP reported an annual operating budget of around $54.4 million. More detailed financial information is available to registered users.
What causes does SUMTER ELECTRIC MEMBERSHIP CORP support?
SUMTER ELECTRIC MEMBERSHIP CORP supports work in Public utilities.
Where does SUMTER ELECTRIC MEMBERSHIP CORP operate?
SUMTER ELECTRIC MEMBERSHIP CORP is headquartered in AMERICUS, GA.