NFP500

#392 of 500 · Member & Benefit Funds

Walton Emc

EIN 58-0477163 · GA · NTEE n/a · Form 990, fiscal 2023

A nonprofit, consumer-owned electric cooperative headquartered in Monroe, Georgia, formed in 1936. It distributes electricity to roughly 145,000 residential, business, and industrial accounts across ten counties in northeast Georgia. As a member-owned cooperative, it returns margins to members and supports community initiatives such as education grants. Its subsidiaries include Walton Gas (natural gas service) and EMC Security (home and business security services) operating more broadly across the state.

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Financials, fiscal 2023

Revenue
$395.5M
Expenses
$395.5M
Total assets
$639.1M
Net assets
$263.5M
Operating margin
0.0%
1-year growth
7.1%
5-year growth (CAGR)
6.3%
Reserve (years of spending)
8.0
Contributions share
n/a
Programme spending
99.2%
Fundraising cost
n/a
Executive pay share
0.40%
Employees
287
Revenue per employee
$1.4M
Grants paid
n/a
Years filing
85

NFP Health Score: 70 / 100

Financial 58 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$310.3M
2020$305.8M
2021$323.3M
2022$369.4M
2023$395.5M