San Miguel Electric Cooperative Inc

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

EIN: 741937134 ✦ Jourdanton, TX ✦ Designated as a 501(c)(12)

Overview

What is San Miguel Electric Cooperative Inc?

San Miguel Electric Cooperative Inc, based in Jourdanton, Texas, is a nonprofit organization dedicated to operating a 400 Megawatt mine-mouth lignite-fired generating plant and associated mining facilities. Their primary mission is to provide power and energy to its member cooperatives on a cooperative basis. Employing 196 individuals, they prioritize safety, reliability, and affordability while ensuring environmental stewardship and employee growth. Their goals include maintaining a dependable power supply at the lowest possible cost through integrity, hard work, and safety.


Official website here: www.smeci.net/

Is San Miguel Electric Cooperative Inc legitimate?

San Miguel Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. San Miguel 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: $1,391,945
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,875,071

For more financial information, click here


Official website here: www.smeci.net/

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

The San Miguel Electric Cooperative Inc is committed to delivering safe, reliable, and affordable power to its cooperative members. Through diligent resource management, environmental stewardship, and employee growth, the cooperative aims to maintain a dependable power supply at the most competitive cost. The cooperative's mission is to provide electricity while contributing to the communities it serves. By focusing on integrity, hard work, and safety, San Miguel Electric Cooperative, Inc. strives to be a trusted energy provider.


Official website here: www.smeci.net/

Who is the CEO of San Miguel Electric Cooperative Inc?

Craig Courter is the General Manager (Jan-Oct) of San Miguel Electric Cooperative Inc.


Official website here: www.smeci.net/

What is the revenue of San Miguel Electric Cooperative Inc?

San Miguel Electric Cooperative Inc's revenue in 2022 was $188,325,013.


Official website here: www.smeci.net/

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

The average compensation at San Miguel Electric Cooperative Inc during 2022 was $88,097. There are 196 employees at San Miguel Electric Cooperative Inc.

Here are 29 key members and their salaries:

    Nathan Brown (General Manager (Jan-Oct))
  • Compensation: $379,619
  • Related: $0
  • Other: $42,232

    • Derrick Brummett (Chief Financial Officer)
  • Compensation: $214,913
  • Related: $0
  • Other: $83,168

    • Craig Courter (Plant Manager(Jan-Oct) General Manager (Nov-Dec))
  • Compensation: $210,924
  • Related: $0
  • Other: $40,406

    • David Burris (Fuels Manager)
  • Compensation: $194,033
  • Related: $0
  • Other: $45,641

    • Eric Halfmann (Engineering Manager)
  • Compensation: $171,061
  • Related: $0
  • Other: $59,798

    • Joe Badillo (Shift Supervisor)
  • Compensation: $193,355
  • Related: $0
  • Other: $35,297

    • Aureliano Perez (Mechanical Supervisor)
  • Compensation: $159,252
  • Related: $0
  • Other: $34,228

    • David Loeffler (Class A Mechanic)
  • Compensation: $139,076
  • Related: $0
  • Other: $34,438

    • Raul Osuna (Crew A Cro_A)
  • Compensation: $139,053
  • Related: $0
  • Other: $31,440

    • Curtis Adams (Lead Electrician)
  • Compensation: $137,331
  • Related: $0
  • Other: $32,713

    • Brian Acosta (Director)
  • Compensation: $15,252
  • Related: $0
  • Other: $0

    • Rolando Alaniz (Director)
  • Compensation: $14,816
  • Related: $0
  • Other: $0

    • Michael Jacobs (Director)
  • Compensation: $14,200
  • Related: $0
  • Other: $0

    • John Roach (Director)
  • Compensation: $14,160
  • Related: $0
  • Other: $0

    • Colt Haack (Director)
  • Compensation: $14,046
  • Related: $0
  • Other: $0

    • Clyde Stewart (Assistant Secretary/Treasurer) [Trustee/Director]
  • Compensation: $14,040
  • Related: $0
  • Other: $0

    • Kenneth White (President) [Trustee/Director]
  • Compensation: $14,000
  • Related: $0
  • Other: $0

    • David Rosse (Director)
  • Compensation: $13,770
  • Related: $0
  • Other: $0

    • Brad Bierstedt (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $13,490
  • Related: $0
  • Other: $0

    • Trey Grebe (Director)
  • Compensation: $13,416
  • Related: $0
  • Other: $0

    • Ron Hughes (Director)
  • Compensation: $13,374
  • Related: $0
  • Other: $0

    • Michael Kezar (Director)
  • Compensation: $13,287
  • Related: $0
  • Other: $0

    • Mike Ables (Director)
  • Compensation: $12,976
  • Related: $0
  • Other: $0

    • Larry Schendel (Director)
  • Compensation: $12,935
  • Related: $0
  • Other: $0

    • Bode Hausmann (Director)
  • Compensation: $12,760
  • Related: $0
  • Other: $0

    • Blaine Warzecha (Vice President) [Trustee/Director]
  • Compensation: $12,728
  • Related: $0
  • Other: $0

    • Jim Coleman (Director)
  • Compensation: $2,145
  • Related: $0
  • Other: $0

    • Avan Irani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Raybon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.smeci.net/

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

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


    Official website here: www.smeci.net/

    Learn more at the official website: www.smeci.net/

    Mission Statement of San Miguel Electric Cooperative Inc

    San Miguel Electric Cooperative, Inc. is a mission-driven organization dedicated to providing its members with safe, reliable, and affordable power. Established to own and operate a 400 Megawatt mine-mouth lignite-fired generating plant and associated mining facility, San Miguel's primary goal is to furnish power and energy to its cooperative members.

    The cooperative takes a diligent approach to resource management, environmental stewardship, and employee growth to ensure the delivery of power. San Miguel's team is committed to maintaining a dependable power supply at the lowest possible cost for its customers. They prioritize integrity, hard work, and safety in all aspects of their operations.

    San Miguel Electric Cooperative, Inc. goes beyond just supplying power to its members. It strives to help meet the needs of the communities it serves. By owning and operating its own power plant and mining facility, the cooperative is able to keep costs low and provide competitive electricity rates. This commitment to affordability allows members to focus on their own priorities and better their lives.

    The cooperative's dedication to providing power extends beyond its members. It also focuses on ensuring the safety and reliability of the power supply for the communities it serves. San Miguel Electric Cooperative, Inc. is a vital partner in keeping the lights on and powering the daily lives of its members and the surrounding community.

    Impact

    This information is meant to be a general summary of San Miguel 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 Miguel Electric Cooperative Inc's impact lies in providing safe, reliable, and affordable power to its members through diligent resource management, environmental stewardship, and employee growth. By maintaining a dependable power supply at the lowest possible and competitive cost to its customers, San Miguel Electric Cooperative Inc contributes to meeting the energy needs within the communities it serves. Through its commitment to integrity, hard work, and safety, the cooperative plays a vital role in ensuring the availability of essential electricity services for 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: $5,014,499
  • Program Service Revenue: $179,295,050
  • Gross Receipts: $188,325,013

    • Assets and Liabilities:
  • Total Assets: $558,755,810
  • Total Liabilities: $443,777,203
  • Net Assets: $114,978,607
  • Programs

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

    Generation of Electircity

    Revenue

    $179,295,050

    Organization Details

    Founding Year

    1977

    Principal Officer

    Craig Courter

    Main Address

    PO Box 280, Jourdanton, TX, 78026

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of San Miguel 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.