#341 of 500 · Member & Benefit Funds

Sawnee Electric Membership Corp

EIN 58-0246393 · GA · NTEE n/a · Form 990, fiscal 2023

A member-owned, not-for-profit electric distribution cooperative headquartered in Cumming, Georgia. It provides electricity and related services to members across seven counties in north Georgia (including Forsyth, Cherokee, and portions of Fulton and Gwinnett), operating thousands of miles of power lines. One of Georgia's largest electric cooperatives, it also supports local communities through the Sawnee Electric Foundation's charitable grants.

Financials, fiscal 2023

Revenue

$448.2M

Expenses

$448.2M

Total assets

$977.5M

Net assets

$336.4M

Operating margin

0.0%

1-year growth

1.3%

5-year growth (CAGR)

3.8%

Reserve (years of spending)

9.0

Contributions share

n/a

Programme spending

98.1%

Fundraising cost

n/a

Executive pay share

0.30%

Employees

392

Revenue per employee

$1.1M

Grants paid

n/a

Years filing

69

NFP Health Score: 77 / 100

Financial 57 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To serve the changing needs of our members by enhancing the quality of life through active support of community developments and by identifying and serving the members' energy needs.

Revenue history