Pioneer Electric Cooperative Inc

Organization Overview

Pioneer Electric Cooperative Inc is located in Greenville, AL. The organization was established in 2003. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Pioneer Electric Cooperative Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pioneer Electric Cooperative Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Pioneer Electric Cooperative Inc generated $29.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $29.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SAFELY DELIVER RELIABLE SERVICE, IN A TIMELY AND COURTEOUS MANNER, AT THE LOWEST POSSIBLE COST TO OUR MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PIONEER ELECTRIC COOPERATIVE, INC. HAS GROWN TO COVER THE RURAL AREAS OF FOUR SOUTH CENTRAL ALABAMA COUNTIES, SERVING APPROXIMATELY 12,000 MEMBERS WITH 13,000 METERS. THE SERVICE AREA OF PIONEER ELECTRIC COOPERATIVE, INC. PRIMARILY COVERED BUTLER, LOWNDES, DALLAS AND WILCOX COUNTIES. ITS SERVICE AREA ALSO EXTENDED INTO FIVE OTHER COUNTIES WHICH INCLUDED PARTS OF AUTAUGA, CRENSHAW, COVINGTON, CONECUH AND MONROE COUNTIES. UTILIZING 2,766 MILES OF ELECTRIC DISTRIBUTION LINES, PIONEER ELECTRIC COOPERATIVE, INC. SOLD 173,938,958 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERS IN 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Asplundh Tree Expert Company
Right Of Way Clearing
$1,411,801
Osmose Utility Services Inc
Pole Treatment
$176,026
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$27,848,162
Investment income $41,583
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $159,929
Net Gain/Loss on Asset Sales $116,218
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,119,242

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Pioneer Electric Cooperative Inc has recieved totaling $17,662.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: INTEGRITY FUND - TERRITORY THREAT

$17,662
View Grant Recipient Profile

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