San Bernard Electric Cooperative Inc

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

EIN: 740880083 ✦ Bellville, TX ✦ Designated as a 501(c)(12)

Overview

What is San Bernard Electric Cooperative Inc?

San Bernard Electric Cooperative Inc, based in Bellville, Texas, is a nonprofit organization dedicated to providing affordable and reliable electric energy to its member-owners. With a workforce of 123 employees, they serve over 31,000 active services, distributing electricity through cooperative means and allocating patronage capital. Their mission is to offer innovative and personalized energy services, ensuring quality electric power to their community.


Official website here: www.sbec.org

Is San Bernard Electric Cooperative Inc legitimate?

San Bernard Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. San Bernard Electric Cooperative 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: $1,214,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,461,009

For more financial information, click here


Official website here: www.sbec.org

What is the mission statement of San Bernard Electric Cooperative Inc?

San Bernard Electric Cooperative Inc is dedicated to delivering affordable and reliable electric service to its member-owners. The cooperative goes beyond just providing electricity, offering innovative and personalized energy services. In 2021, they served a total of 31,784 active services, supplying electricity to their members through a cooperative business model that allocates patronage capital. Their mission encompasses ensuring a consistent power supply for their community, fostering cost-effective energy solutions, and focusing on the specific needs of their member-owners.


Official website here: www.sbec.org

Who is the CEO of San Bernard Electric Cooperative Inc?

Mike Ables is the Director (Jan-Nov) of San Bernard Electric Cooperative Inc. The CEO's salary of San Bernard Electric Cooperative Inc is $212,471 and their total compensation is $370,834.


Official website here: www.sbec.org

What is the revenue of San Bernard Electric Cooperative Inc?

San Bernard Electric Cooperative Inc's revenue in 2022 was $107,023,324.


Official website here: www.sbec.org

Who are the executives of San Bernard Electric Cooperative Inc and what are their salaries?

The average compensation at San Bernard Electric Cooperative Inc during 2022 was $46,141. There are 123 employees at San Bernard Electric Cooperative Inc.

Here are 19 key members and their salaries (San Bernard Electric Cooperative Inc's CEO's salary is $212,471 and their total compensation is $370,834):

    Michael Ables (Ceo)
  • Compensation: $212,471
  • Related: $0
  • Other: $158,363

    • James Jouett (Electric Systems Group Mgr)
  • Compensation: $179,446
  • Related: $0
  • Other: $157,318

    • Robert Hromadka (Line Crew Leader)
  • Compensation: $127,873
  • Related: $0
  • Other: $96,046

    • William Peschel (Maint/Construction Manager)
  • Compensation: $118,347
  • Related: $0
  • Other: $103,608

    • Shawn Bard (It Group Manager)
  • Compensation: $138,369
  • Related: $0
  • Other: $83,457

    • John Spiess (Member Services Manager)
  • Compensation: $132,301
  • Related: $0
  • Other: $89,281

    • James Phillips (1St Class Line Tech)
  • Compensation: $127,063
  • Related: $0
  • Other: $73,455

    • Jared Janicek (Bus Group Manager)
  • Compensation: $128,406
  • Related: $0
  • Other: $64,095

    • Billy Marricle (President/Gm (Jan))
  • Compensation: $86,748
  • Related: $0
  • Other: $5,417

    • Sammy Condra (President) [Trustee/Director]
  • Compensation: $34,133
  • Related: $0
  • Other: $0

    • Norman Kiecke (1St Vice President) [Trustee/Director]
  • Compensation: $33,083
  • Related: $0
  • Other: $0

    • Colt Haack (2Nd Vice Chairman) [Trustee/Director]
  • Compensation: $32,683
  • Related: $0
  • Other: $0

    • Vance R Elliott (Asst Secretary/Treasurer) [Trustee/Director]
  • Compensation: $24,110
  • Related: $0
  • Other: $0

    • Karl N Micklitz (Director)
  • Compensation: $20,903
  • Related: $0
  • Other: $0

    • John Allen (Director (Jan-Nov))
  • Compensation: $20,810
  • Related: $0
  • Other: $0

    • Lori Walker (3Rd Chairman) [Trustee/Director]
  • Compensation: $20,310
  • Related: $0
  • Other: $0

    • Charles Matula (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $17,960
  • Related: $0
  • Other: $0

    • Larry Chaney (Director)
  • Compensation: $15,308
  • Related: $0
  • Other: $0

    • Bruce R Pilcik (Chairman (Jan)) [Trustee/Director]
  • Compensation: $2,827
  • Related: $0
  • Other: $0


  • Official website here: www.sbec.org

    Where can I find the form 990 for San Bernard Electric Cooperative Inc?

    The San Bernard Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sbec.org

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

    Mission Statement of San Bernard Electric Cooperative Inc

    San Bernard Electric Cooperative Inc, a cooperative dedicated to providing electricity, is committed to delivering affordable and reliable electric services to its member-owners. The cooperative goes beyond just supplying power; it offers innovative and personalized energy solutions to enhance the lives of its members.

    With a mission to provide quality and reliable electricity, San Bernard Electric Cooperative Inc serves over 31,000 active services at the year-end. This cooperative operates based on a cooperative business model, allocating patronage capital to its members in the form of electricity. The provision of electricity on a cooperative basis allows the organization to build a strong community bond with its members.

    San Bernard Electric Cooperative Inc's dedication to its members extends beyond basic electric services. The cooperative strives to offer energy solutions that cater to the unique needs of its members. By leveraging innovation and a personalized approach, the organization aims to create a positive impact on the lives of those it serves. Overall, San Bernard Electric Cooperative Inc is a cooperative that puts its members at the forefront of its operations, ensuring they receive affordable, reliable, and innovative energy solutions.

    Impact

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




    Thursday, August 15, 2024

    San Bernard Electric Cooperative Inc has a significant impact on the community it serves by providing quality and reliable electric service to its members. With 31,784 active services at the end of the year, the cooperative ensures that electricity is accessible to a large number of people in the Bellville, TX area. By fulfilling its mission of providing affordable, reliable electricity and offering innovative energy services tailored to member-owners, San Bernard Electric Cooperative Inc plays a crucial role in supporting the daily lives and operations of its members.





    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: $153,818
  • Program Service Revenue: $106,734,702
  • Gross Receipts: $107,498,998

    • Assets and Liabilities:
  • Total Assets: $291,758,444
  • Total Liabilities: $192,598,483
  • Net Assets: $99,159,961
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $99,371,964

    LEASE INCOME FROM LCRA

    Revenue

    $5,041,103

    PATRONAGE DIVIDENDS

    Revenue

    $1,606,964

    SERVICE FEES

    Revenue

    $618,424

    OTHER PROGRAM REVENUE

    Revenue

    $96,247

    Organization Details

    Founding Year

    1939

    Principal Officer

    Mike Ables

    Main Address

    PO BOX 1208, BELLVILLE, TX, 77418

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of San Bernard Electric Cooperative Inc 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.