Association of Louisiana Electric Cooperatives Inc

The Association of Louisiana Electric Cooperatives Inc is a statewide trade association that represents electric distribution cooperatives in Louisiana. As a 501(c)(6) organization, it is designated as a business league created for the improvement of business conditions, and donations to this organization are not tax-deductible[2].

Overview

The Association supports and advocates for electric cooperatives that provide electricity to approximately 1 million residents across 50 of Louisiana's 64 parishes. It offers a wide range of services to its member cooperatives, including communication, state and national governmental affairs, regulatory affairs, marketing, job safety and training programs, employee and director education, emergency aid efforts, and more[1].

Financial Overview

The organization's revenue primarily comes from contributions and program services. As of recent financial reports, contributions made up approximately 57.6% of the total revenue, followed by program services at 40.5%[2]. The organization also generates income from investments and rental property, although these are smaller components of its revenue stream.

In terms of expenses, executive compensation and other salaries and wages are significant costs. For example, executive compensation accounted for about 16.7% of total expenses[2].

Governance and Leadership

Key personnel include Addie Armato as CEO, Beama Pierce as COO, and Aarron Graham as Director of Loss Control, among others. The leadership team guides the organization's strategic direction and operational activities[2].

Programs and Activities

The Association is involved in various activities aimed at supporting and enhancing the operations of its member cooperatives. This includes legislative and governmental advocacy to ensure favorable regulatory environments and support for member cooperatives in areas such as job safety, training, and education[3]. Additionally, the Association engages in events such as the NRECA Power Xchange Annual Meeting & Tech Advantage Experience, which highlights advancements in the industry[1].