Egyptian Electric Cooperative Association

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

EIN: 370259803 ✦ Murphysboro, IL ✦ Designated as a 501(c)(12)

Overview

What is Egyptian Electric Cooperative Association?

The Egyptian Electric Cooperative Association (EECA) is a nonprofit electric utility organization based in Murphysboro, Illinois, with an address at 1732 Finney Rd. Established in 1938, EECA has been dedicated to delivering reliable and cost-effective electric services to around 15,000 member-owners in Southern Illinois. The cooperative uses the revenue from electricity sales to procure wholesale power from Southern Illinois Power Cooperative and invest in essential infrastructure and facilities to distribute electricity, maintain them, and support service systems. Its primary mission remains fulfilling the energy needs of its community in a ten-county area.


Official website here: www.eeca.coop

Is Egyptian Electric Cooperative Association legitimate?

Egyptian Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Egyptian Electric Cooperative Association 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: $722,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,587,876

For more financial information, click here


Official website here: www.eeca.coop

What is the mission statement of Egyptian Electric Cooperative Association?

The Egyptian Electric Cooperative Association (EECA) is dedicated to delivering electric services to around 15,000 members in a ten-county region. Established in 1938, this cooperative has been a constant provider of reliable and cost-effective power to its community. The primary focus of EECA is to purchase wholesale electricity from Southern Illinois Power Cooperative and distribute it efficiently to its members. By generating revenue from electricity sales, the cooperative invests in the necessary infrastructure and facilities to ensure the continued delivery of electricity and provides essential maintenance and support systems.


Official website here: www.eeca.coop

Who is the CEO of Egyptian Electric Cooperative Association?

Michael S Hermetz is the Executive Vice President/General Manager of Egyptian Electric Cooperative Association.


Official website here: www.eeca.coop

What is the revenue of Egyptian Electric Cooperative Association?

Egyptian Electric Cooperative Association's revenue in 2022 was $44,358,904.


Official website here: www.eeca.coop

Who are the executives of Egyptian Electric Cooperative Association and what are their salaries?

The average compensation at Egyptian Electric Cooperative Association during 2022 was $68,960. There are 48 employees at Egyptian Electric Cooperative Association.

Here are 16 key members and their salaries:

    Michael S Hermetz (Executive Vice President/General Manager)
  • Compensation: $267,661
  • Related: $0
  • Other: $290,774

    • Brad Austin (Engineering Manager)
  • Compensation: $133,971
  • Related: $0
  • Other: $135,905

    • Jeremy Thies (Operations Supervisor)
  • Compensation: $127,058
  • Related: $0
  • Other: $119,649

    • Art Pontow (Projects Manager)
  • Compensation: $146,255
  • Related: $0
  • Other: $97,292

    • Dennis Luehr (Projects Manager)
  • Compensation: $126,875
  • Related: $0
  • Other: $56,762

    • Cody Lee (Lineman-Foreman)
  • Compensation: $126,118
  • Related: $0
  • Other: $53,314

    • Cheryl Bauersachs (Finance Manager)
  • Compensation: $97,883
  • Related: $0
  • Other: $81,374

    • Kevin Liefer (Director)
  • Compensation: $4,800
  • Related: $0
  • Other: $16,836

    • Paul Hicks (Director)
  • Compensation: $7,800
  • Related: $0
  • Other: $5,732

    • Kenneth Jarrett (Director)
  • Compensation: $11,400
  • Related: $0
  • Other: $0

    • Steve Prest (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0

    • Paul Pyatt (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0

    • Randall Campbell (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Richard Asaturian (Director)
  • Compensation: $4,300
  • Related: $0
  • Other: $0

    • Mary Jo Homan (Director)
  • Compensation: $4,100
  • Related: $0
  • Other: $0

    • Kevin Bame (Director)
  • Compensation: $3,100
  • Related: $0
  • Other: $0


  • Official website here: www.eeca.coop

    Where can I find the form 990 for Egyptian Electric Cooperative Association?

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


    Official website here: www.eeca.coop

    Learn more at the official website: www.eeca.coop

    Mission Statement of Egyptian Electric Cooperative Association

    Egyptian Electric Cooperative Association, or EECA, is a mission-driven electric cooperative that has been serving around 15,000 member-owners in Southern Illinois since its establishment in 1938. The organization's primary objective is to ensure the delivery of dependable and economical electric services to its community.

    EECA's operations revolve around purchasing wholesale power from Southern Illinois Power Cooperative and distributing it to its members through a robust network of facilities. The revenue generated from electricity sales is allocated towards the procurement of wholesale power, as well as the construction, maintenance, and improvement of the necessary distribution infrastructure and support systems.

    EECA's commitment to its members extends beyond just providing electricity. Its mission is deeply rooted in ensuring that the families and businesses it serves have access to reliable electricity, enabling them to thrive and build a better future. By focusing on cost-effective energy solutions, EECA aims to empower its members to lead fulfilled lives within their communities.

    Impact

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




    Thursday, August 15, 2024

    Egyptian Electric Cooperative Association's impact is significant in providing reliable and cost-effective electric service to approximately 15,000 member/owners in a ten-county area of Southern Illinois. Since its founding in 1938, EECA has been instrumental in ensuring that its members have access to essential electricity services. By generating revenue from the sale of electricity and efficiently managing distribution and plant facilities, EECA plays a crucial role in meeting the energy needs of the community. The cooperative's dedication to its mission has contributed to the well-being and development of Southern Illinois, highlighting its importance as a public benefit organization.





    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: $35,436
  • Program Service Revenue: $42,770,661
  • Gross Receipts: $44,358,904

    • Assets and Liabilities:
  • Total Assets: $107,457,170
  • Total Liabilities: $53,993,875
  • Net Assets: $53,463,295
  • Programs

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

    Electric sales

    Revenue

    $42,538,204

    Other sales

    Revenue

    $232,457

    Organization Details

    Founding Year

    1938

    Principal Officer

    Michael S Hermetz

    Main Address

    1732 Finney Rd, Murphysboro, IL, 62966

    NTEE Category

    Code: W80 - Public benefit

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