Public Charity

ALTAMAHA ELECTRIC MEMBERSHIP CORPORATION

ALTAMAHA ELECTRIC MEMBERSHIP CORPORATION is a nonprofit organization categorized as Public Charity based in LYONS, GA. Its most recent IRS filing (2024) reports revenue of $75.8M, expenses of $74.5M, total assets of $247.1M.

EIN: 580137655 LYONS, GA Public Utilities NTEE: W80 Latest filing: 2024
Total Revenue$75.8M
Total Expenses$74.5M
Total Assets$247.1M
Grant Records0
Filing Years2020–2024

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.

Where $100 goes at Altamaha Electric Membership Corporation

How Altamaha Electric Membership Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To provide the best possibble electric service to all wo desire it within the system area at a reasonable cost consistent with the highest standars of service
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DISTRICT MAN Bill Kennedy
ASST. SEC./T Billy Benton
VICE-CHAIRMA Brandon Braddy
SEC./TREASUR Brett Williams
DIRECTOR Danny Shepherd
DIRECTOR Dean Gowen

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $75.8M $74.5M $247.1M
2023 $74.7M $91.9M $204.2M
2022 $61.5M $62.8M $186.2M
2020 $52.0M $52.0M $157.8M

Between 2020 and 2024, reported annual revenue grew from $52.0M to $75.8M (+46%), with total assets most recently reported at $247.1M.

Interactive year-over-year charts and full filing details available with membership.

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