Eastern Illini Electric Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363526205 ✦ Paxton, IL ✦ Designated as a 501(c)(12)

Overview

What is Eastern Illini Electric Cooperative?

Eastern Illini Electric Cooperative (EIEC) is a nonprofit organization headquartered at 330 W Ottawa Rd, Paxton, Illinois (60957). With a team of 67 dedicated individuals, EIEC's primary activity is the distribution of electric energy to cooperative members in the rural areas. Their mission is to ensure the delivery of safe, reliable, premium-quality, and economically-priced electricity, along with related services to their members/owners.


Official website here: www.eiec.org

Is Eastern Illini Electric Cooperative legitimate?

Eastern Illini Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eastern Illini Electric Cooperative 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: $706,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $709,842

For more financial information, click here


Official website here: www.eiec.org

What is the mission statement of Eastern Illini Electric Cooperative?

The Eastern Illini Electric Cooperative (EIEC) is dedicated to providing its members with safe, reliable, premium-quality electricity and related services. Their mission encompasses ensuring the economical pricing of these essential offerings. EIEC prioritizes the delivery of electric energy to its cooperative members, focusing on their needs and satisfaction.


Official website here: www.eiec.org

Who is the CEO of Eastern Illini Electric Cooperative?

Robert Hunzinger is the Director of Eastern Illini Electric Cooperative. The CEO's salary of Eastern Illini Electric Cooperative is $339,120 and their total compensation is $390,562.


Official website here: www.eiec.org

What is the revenue of Eastern Illini Electric Cooperative?

Eastern Illini Electric Cooperative's revenue in 2022 was $39,420,065.


Official website here: www.eiec.org

Who are the executives of Eastern Illini Electric Cooperative and what are their salaries?

The average compensation at Eastern Illini Electric Cooperative during 2022 was $21,137. There are 67 employees at Eastern Illini Electric Cooperative.

Here are 17 key members and their salaries (Eastern Illini Electric Cooperative's CEO's salary is $339,120 and their total compensation is $390,562):

    Robert Hunzinger (Ceo/President)
  • Compensation: $339,120
  • Related: $0
  • Other: $51,442

    • Bradley Smith (Vice President Of Operations)
  • Compensation: $147,036
  • Related: $0
  • Other: $34,802

    • Michael Wilson (Vice President Of Member &)
  • Compensation: $131,490
  • Related: $0
  • Other: $38,497

    • Shana Batte (Chief Financial Officer)
  • Compensation: $123,475
  • Related: $0
  • Other: $31,497

    • John Batte (Line Foreman)
  • Compensation: $123,663
  • Related: $0
  • Other: $24,651

    • Kevin Dettmering (Line Foreman)
  • Compensation: $116,205
  • Related: $0
  • Other: $27,497

    • Jason Kocher (Line Foreman)
  • Compensation: $117,192
  • Related: $0
  • Other: $23,641

    • Graham Schmid (Line Foreman)
  • Compensation: $117,324
  • Related: $0
  • Other: $15,699

    • Lauri Quick (Director)
  • Compensation: $10,866
  • Related: $0
  • Other: $0

    • Steve Gordon (Director)
  • Compensation: $9,816
  • Related: $0
  • Other: $0

    • Chad Larimore (Assistant Secretary/Treasurer) [Trustee/Director]
  • Compensation: $8,766
  • Related: $0
  • Other: $0

    • Tyler Finegan (Director)
  • Compensation: $8,766
  • Related: $0
  • Other: $0

    • Kevin Moore (Board Chairman) [Trustee/Director]
  • Compensation: $8,416
  • Related: $0
  • Other: $0

    • Brad Ludwig (Director)
  • Compensation: $7,716
  • Related: $0
  • Other: $0

    • Steve Meenen (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $7,366
  • Related: $0
  • Other: $0

    • Tom Schlatter (Director)
  • Compensation: $5,616
  • Related: $0
  • Other: $0

    • Bruce Ristow (Vice Chairman) [Trustee/Director]
  • Compensation: $5,616
  • Related: $0
  • Other: $0


  • Official website here: www.eiec.org

    Where can I find the form 990 for Eastern Illini Electric Cooperative?

    The Eastern Illini Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.eiec.org

    Learn more at the official website: www.eiec.org

    Mission Statement of Eastern Illini Electric Cooperative

    Eastern Illini Electric Cooperative, or EIEC, is dedicated to the mission of providing safe, reliable, premium-quality, economically-priced electricity and related services to its members. The cooperative works tirelessly to ensure the delivery of electric energy that meets and exceeds expectations.

    In simple terms, EIEC's focus is on serving its rural members by selling and distributing electricity in a manner that prioritizes safety, reliability, and affordability. The cooperative takes pride in offering a top-quality product that is essential for modern living, while maintaining an unwavering commitment to customer satisfaction.

    EIEC's mission extends beyond the mere distribution of electricity. It aims to deliver a premium service experience that sets it apart from other providers. By offering economically-priced electricity, EIEC ensures that its members can enjoy the benefits of reliable power without incurring excessive costs. This commitment to affordability is a significant factor in the cooperative's reputation and member loyalty.

    In summary, Eastern Illini Electric Cooperative is a mission-driven organization that puts the needs of its members first. It is dedicated to providing safe, reliable, premium-quality, and economically-priced electric energy, making a positive impact on the lives of those it serves.

    Impact

    This information is meant to be a general summary of Eastern Illini Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Eastern Illini Electric Cooperative's impact lies in its provision of safe, reliable, premium-quality, and economically-priced electric services to rural members in Paxton, IL. This cooperative plays a crucial role in distributing electric energy to its members, ensuring they have access to essential resources for daily living and business operations. By maintaining a focus on serving the needs of its members, Eastern Illini Electric Cooperative contributes to the economic development and sustainability of the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $110,344
  • Program Service Revenue: $36,524,581
  • Gross Receipts: $39,583,521

    • Assets and Liabilities:
  • Total Assets: $94,063,868
  • Total Liabilities: $41,555,527
  • Net Assets: $52,508,341
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC ENERGY REVENUE

    Revenue

    $36,343,646

    MISCELLANEOUS ELECTRIC REVENUE

    Revenue

    $180,935

    Organization Details

    Founding Year

    1987

    Principal Officer

    Robert Hunzinger

    Main Address

    330 W OTTAWA RD, PAXTON, IL, 609571624

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Eastern Illini Electric Cooperative 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.