Overview
What is Southwest Iowa Rec?
Southwest Iowa Rec is a nonprofit organization, headquartered at 1801 Grove Avenue in Corning, Iowa (50841). With a team of 34 employees, the organization distributes electric energy to approximately 6,028 consumer members, which include rural residential, small commercial, large power, and public authority users. They follow sound business practices to ensure reliable and consistent electric energy delivery. In the recent past, they completed installations of 66 new services and decommissioned 60 services. Furthermore, they expanded their infrastructure by adding 19.52 miles of overhead lines and retired 18.14 miles, and installed 1.77 miles of underground lines while retiring 0.12 miles. Their primary mission is to provide electric energy to their member consumers in a responsible and sustainable manner.
Official website here: www.swiarec.coop
Is Southwest Iowa Rec legitimate?
Southwest Iowa Rec is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwest Iowa Rec submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $238,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.swiarec.coop
What is the mission statement of Southwest Iowa Rec?
Southwest Iowa Rec is dedicated to providing electric energy to its rural residential, small commercial, large power, and public authority users in a responsible and sound business manner. They serve approximately 6,028 member-consumers and aim to deliver electricity reliably. In the previous period, they installed 66 new services and retired 60, enhancing their infrastructure by adding 19.52 miles of overhead lines and 1.77 miles of underground lines, while retiring 18.14 miles of overhead lines and 0.12 miles of underground lines.
Official website here: www.swiarec.coop
Who is the CEO of Southwest Iowa Rec?
Phil Kinser is the Ceo/General Manager of Southwest Iowa Rec. The CEO's salary of Southwest Iowa Rec is $168,407 and their total compensation is $202,253.
Official website here: www.swiarec.coop
What is the revenue of Southwest Iowa Rec?
Who are the executives of Southwest Iowa Rec and what are their salaries?
The average compensation at Southwest Iowa Rec during 2022 was $7,007. There are 34 employees at Southwest Iowa Rec.
Here are 11 key members and their salaries (Southwest Iowa Rec's CEO's salary is $168,407 and their total compensation is $202,253):
- Phil Kinser (Ceo/General Manager)
- Marilyn Werner (President) [Trustee/Director]
- Kay Fast (Treasurer) [Trustee/Director]
- Ken Peppmeier (Secretary) [Trustee/Director]
- Dale Walkup (Director)
- Deena Moore (Director)
- Mark Herzberg (Vice President) [Trustee/Director]
- Jason Smith (Director)
- Dana Morgan (Director)
- Terry Barnes (Director)
- Alan Spencer (Director)
Official website here: www.swiarec.coop
Where can I find the form 990 for Southwest Iowa Rec?
The Southwest Iowa Rec’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.swiarec.coop
Learn more at the official website: www.swiarec.coop
Mission Statement of Southwest Iowa Rec
Southwest Iowa Rec, a dedicated organization, is committed to distributing electric energy to its member-consumers in a responsible and sustainable manner. This cooperative caters to the electrical needs of rural residential, small commercial, large power, and public authority users, ensuring reliable and sound business practices are upheld in every transaction.
With a customer base of approximately 6,028 members, Southwest Iowa Rec takes pride in installing new services and retiring old ones, maintaining an efficient and evolving infrastructure. In the recent past, the organization added 19.52 miles of overhead power lines while retiring 18.14 miles, and 1.77 miles of underground lines were installed with the retirement of 0.12 miles. These improvements reflect Southwest Iowa Rec's commitment to keeping up with the changing electrical demands of its community.
Southwest Iowa Rec's primary focus is on providing essential electric energy to its members in a manner that fosters trust and sustainability. By following sound business practices, the cooperative aims to exceed expectations and deliver top-notch service to its customers.
Impact
This information is meant to be a general summary of Southwest Iowa Rec. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Southwest Iowa Rec's impact includes distributing electric energy to 6,028 member-consumers of rural residential, small commercial, large power, and public authority users in a manner consistent with sound business practices. They have installed 66 new services, retired 60 services, added 19.52 miles of overhead line, retired 18.14 miles of overhead line, installed 1.77 miles of underground line, and retired 0.12 miles of underground line. Their work contributes to public safety by providing reliable electricity to the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$12,733,157
MISC PROGRAM REVENUE
Revenue
$75,074
Organization Details
Founding Year
2004
Phone
(888) 220-4869
Principal Officer
Phil Kinser
Main Address
1801 GROVE AVENUE, CORNING, IA, 508411623
Website
www.swiarec.coop
NTEE Category
Code: M20 - Public safety
If you are a representative of Southwest Iowa Rec and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.