Overview
What is Southeastern Illinois Electric Coop Inc?
Southeastern Illinois Electric Coop Inc is a nonprofit cooperative based in Carrier Mills, Illinois, with a PO Box 1001 address. They specialize in providing electric services to approximately 24,000 member-owners on a patronage basis, with an average of 24,696 members served monthly. The cooperative's mission centers around distributing electricity to its members, ensuring a reliable energy source for their daily needs. With a workforce of 80 employees, they remain committed to delivering essential electric services within their community.
Official website here: www.seiec.com
Is Southeastern Illinois Electric Coop Inc legitimate?
Southeastern Illinois Electric Coop Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southeastern Illinois Electric Coop Inc 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: $1,005,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,874,452
For more financial information, click here
Official website here: www.seiec.com
What is the mission statement of Southeastern Illinois Electric Coop Inc?
The Southeastern Illinois Electric Coop Inc focuses on providing electric service to approximately 24,000 member owners on a patronage basis. Their mission revolves around the distribution of electricity, serving an average of 24,696 members each month. The cooperative operates with the goal of delivering power to its members, adhering to the patronage basis principle.
Official website here: www.seiec.com
Who is the CEO of Southeastern Illinois Electric Coop Inc?
Dustin Tripp is the Sec/Trea of Southeastern Illinois Electric Coop Inc. The CEO's salary of Southeastern Illinois Electric Coop Inc is $369,567 and their total compensation is $565,805.
Official website here: www.seiec.com
What is the revenue of Southeastern Illinois Electric Coop Inc?
Southeastern Illinois Electric Coop Inc's revenue in 2022 was $88,029,423.
Official website here: www.seiec.com
Who are the executives of Southeastern Illinois Electric Coop Inc and what are their salaries?
The average compensation at Southeastern Illinois Electric Coop Inc during 2022 was $98,503. There are 80 employees at Southeastern Illinois Electric Coop Inc.
Here are 18 key members and their salaries (Southeastern Illinois Electric Coop Inc's CEO's salary is $369,567 and their total compensation is $565,805):
- Dustin Tripp (President & Ceo)
- Gregory Cruse (Admin, Finance & Key Account Manager)
- Jeff Crisp (Mgr Row)
- William Sweat (Asst Op Mgr)
- Jeffrey Neuman (Asst Op Mgr)
- James Genet (Utility Serviceman)
- Robert Robinson (Utility Serviceman)
- Joseph Marlo (Trustee)
- Pamela Bramlet (Sec/Trea) [Trustee/Director]
- Dale Schierbaum (Chairman) [Trustee/Director]
- Tiffany Morhet (Trustee)
- Brian Joyner (Trustee)
- Shane Croslin (Vice Chairman) [Trustee/Director]
- Richard Rister (Trustee)
- Jamie Scherrer (Trustee)
- Gary Hise (Trustee)
- Victor Knight (Trustee)
- Tim Spivey (Trustee)
Official website here: www.seiec.com
Where can I find the form 990 for Southeastern Illinois Electric Coop Inc?
The Southeastern Illinois Electric Coop Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.seiec.com
Learn more at the official website: www.seiec.com
Mission Statement of Southeastern Illinois Electric Coop Inc
Southeastern Illinois Electric Coop Inc, a cooperative organization, is dedicated to providing electric service to its approximately 24,000 member-owners on a patronage basis. This Midwestern cooperative's mission revolves around the distribution and sale of electricity to its members, who collectively form the cooperative's ownership.
On a daily basis, Southeastern Illinois Electric Coop Inc serves an average of 24,696 individuals and families, ensuring their homes and businesses have access to reliable and essential electric power. The cooperative operates with a sense of commitment towards its members, offering them electricity services based on their ownership and involvement in the cooperative. By functioning as a cooperative, the organization allows its members to have a voice in the decision-making processes, fostering a sense of community and collaboration.
Southeastern Illinois Electric Coop Inc's mission remains focused on delivering electricity to its member-owners, who, in turn, collectively own and influence the direction of the cooperative. This unique business model empowers the members and allows the organization to better understand and respond to the specific energy needs of its community.
Impact
This information is meant to be a general summary of Southeastern Illinois Electric Coop Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Southeastern Illinois Electric Coop Inc's impact is primarily focused on providing electricity to approximately 24,000 member owners on a patronage basis. They serve an average of 24,696 individuals per month in Carrier Mills, Illinois. Their mission is to distribute electricity to member owners on a patronage basis, emphasizing public benefit.
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.
SALE OF ELECTRIC ENERGY
Revenue
$83,599,776
CAPITAL CREDITS REVENUE
Revenue
$2,788,941
OTHER REVENUES
Revenue
$1,531,951
Organization Details
Founding Year
1938
Phone
(618) 273-2611
Principal Officer
Dustin Tripp
Main Address
PO BOX 1001, CARRIER MILLS, IL, 62917
Website
www.seiec.com
NTEE Category
Code: W50 - Public benefit
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