Rural Electric Convenience Cooperative

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

EIN: 370495772 ✦ Auburn, IL ✦ Designated as a 501(c)(12)

Overview

What is Rural Electric Convenience Cooperative?

The Rural Electric Convenience Cooperative (RECC) is a nonprofit energy and services cooperative based in Auburn, Illinois. With a commitment to addressing the unique needs of rural communities, RECC serves approximately 5,904 consumers across Sangamon, Morgan, Macoupin, Christian, and Montgomery counties. Additionally, RECC extends its reach to numerous growing subdivisions around Springfield, Taylorville, Litchfield, and other towns. RECC prioritizes its members' needs above all else, acting as a vital energy provider and community partner. Employing a team of 30 individuals, RECC ensures reliable electric services to enhance the daily lives of its members.


Official website here: www.recc.coop

Is Rural Electric Convenience Cooperative legitimate?

Rural Electric Convenience Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rural Electric Convenience 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: $754,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.recc.coop

What is the mission statement of Rural Electric Convenience Cooperative?

The Rural Electric Convenience Cooperative (RECC) prioritizes meeting the energy and service needs of its members above all else. Based on the information provided, this cooperative serves over 5,900 consumers in various rural counties. RECC's reach extends to growing subdivisions surrounding Springfield, Taylorville, Litchfield, and other towns. The cooperative's commitment to its members is unwavering, ensuring they receive reliable energy solutions to enhance their daily lives.


Official website here: www.recc.coop

Who is the CEO of Rural Electric Convenience Cooperative?

Sean R Middleton is the President & of Rural Electric Convenience Cooperative.


Official website here: www.recc.coop

What is the revenue of Rural Electric Convenience Cooperative?

Rural Electric Convenience Cooperative's revenue in 2022 was $15,058,130.


Official website here: www.recc.coop

Who are the executives of Rural Electric Convenience Cooperative and what are their salaries?

The average compensation at Rural Electric Convenience Cooperative during 2022 was $25,138. There are 30 employees at Rural Electric Convenience Cooperative.

Here are 13 key members and their salaries:

    David E Stuva (President &)
  • Compensation: $215,133
  • Related: $0
  • Other: $32,332

    • Timothy Hemberger (Mgr Operatio)
  • Compensation: $98,632
  • Related: $0
  • Other: $133,875

    • Aubrie Megginson (Mgr Finance)
  • Compensation: $84,834
  • Related: $0
  • Other: $35,992

    • Sean R Middleton (President/Ce)
  • Compensation: $17,259
  • Related: $0
  • Other: $8,902

    • Thomas Hart (Director)
  • Compensation: $18,459
  • Related: $0
  • Other: $0

    • Cassie Eigenmann (Director)
  • Compensation: $18,228
  • Related: $0
  • Other: $0

    • Melvin Repscher (Director)
  • Compensation: $17,871
  • Related: $0
  • Other: $0

    • Jimmy Ayers (Director)
  • Compensation: $15,245
  • Related: $0
  • Other: $0

    • Chris Wilcox (Director)
  • Compensation: $14,020
  • Related: $0
  • Other: $0

    • Clayton Bloome (Director)
  • Compensation: $11,206
  • Related: $0
  • Other: $0

    • Andy Goleman (Director)
  • Compensation: $11,206
  • Related: $0
  • Other: $0

    • Lou Weitekamp (Director)
  • Compensation: $10,796
  • Related: $0
  • Other: $0

    • Gary Niemyer (Director)
  • Compensation: $10,161
  • Related: $0
  • Other: $0


  • Official website here: www.recc.coop

    Where can I find the form 990 for Rural Electric Convenience Cooperative?

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


    Official website here: www.recc.coop

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

    Mission Statement of Rural Electric Convenience Cooperative

    Rural Electric Convenience Cooperative (RECC) is a cooperative that places the needs of its members at the forefront of its mission. As an energy and services cooperative, RECC is dedicated to ensuring that the rural communities it serves have reliable access to electricity and essential services. With a focus on five counties - Sangamon, Morgan, Macoupin, Christian, and Montgomery - and several growing suburban areas around Springfield, Taylorville, Litchfield, and other towns, RECC caters to a customer base of 5,904 consumers. By prioritizing the needs of its members, RECC strives to create a sustainable and improved quality of life for those it serves.

    Impact

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




    Thursday, August 15, 2024

    Rural Electric Convenience Cooperative serves over 5,900 consumers in multiple counties including Sangamon, Morgan, Macoupin, Christian, and Montgomery in Illinois. Additionally, they provide services to consumers in growing subdivisions around Springfield, Taylorville, Litchfield, and other towns. Their primary focus is on addressing the needs of their members as an energy and services cooperative.





    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: $83,918
  • Program Service Revenue: $14,950,438
  • Gross Receipts: $15,058,130

    • Assets and Liabilities:
  • Total Assets: $43,536,285
  • Total Liabilities: $29,523,856
  • Net Assets: $14,012,429
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $14,546,868

    CAPITAL CREDITS

    Revenue

    $237,425

    OTHER ELECTRIC REVENUE

    Revenue

    $166,145

    Organization Details

    Founding Year

    1936

    Principal Officer

    Sean R Middleton

    Main Address

    PO BOX 19, AUBURN, IL, 626150019

    NTEE Category

    Code: W80 - Public benefit

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