Overview

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Est.

1938

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Black Warrior Electric Membership Corporation (EIN: 63-0023263) is a nonprofit organization dedicated to providing electric service to cooperative members in West Alabama, with a mission to deliver these services at the lowest cost while ensuring sound economic management. With an operating budget of $46.4 million and total revenue of $48.9 million for the 2024 filing year, the organization does not rely on any single funder for more than 50% of its revenue. More information can be found on their website at www.blackwarrioremc.com.

Mission Statement

To provide electric service to cooperative members in West Alabama at the lowest cost consistent with sound economy and good management.
Revenues
$48.9M
Expenses
$48.9M
Net Income:
+$0
Assets
$80.8M
Liabilities
$8.1M
Net Assets:
+$72.8M
Operating Budget
$46.4M
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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Total No. of Grants
1
Median grant size
$25K
Largest grant received
$25K
T
Terry Barr
Board Member
I
Irvin Eatman
Board Member
P
Peter Michael Reynolds Jr
Board Member

Frequently Asked Questions

What is Black Warrior Electric Membership Corporation’s budget?
In 2024, Black Warrior Electric Membership Corporation reported an annual operating budget of around $46.4 million. More detailed financial information is available to registered users.
What causes does Black Warrior Electric Membership Corporation support?
Black Warrior Electric Membership Corporation supports work in Public utilities.
Where does Black Warrior Electric Membership Corporation operate?
Black Warrior Electric Membership Corporation is headquartered in Demopolis, AL.
Who funded Black Warrior Electric Membership Corporation recently?
In 2016, Black Warrior Electric Membership Corporation received grants from NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant Black Warrior Electric Membership Corporation received in 2016?
The largest grant to Black Warrior Electric Membership Corporation in 2016 exceeds $25 thousand.