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Sulphur Springs Valley Electric Cooperative Inc

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

EIN: 860059728 ✦ Willcox, AZ ✦ Designated as a 501(c)(12)

Overview

What is Sulphur Springs Valley Electric Cooperative Inc?

Sulphur Springs Valley Electric Cooperative Inc is a nonprofit organization based in Willcox, Arizona, with an address at 350 N Haskell, ZIP code 85643. Their mission is to provide quality and reliable electric service to their cooperative members, allocating patronage capital and supporting their communities. With a team of 192 employees, the cooperative had 53,283 active services at the year end. They are committed to delivering safe and dependable electric service, offering exceptional assistance to their member-owners and the communities they serve.


Official website here: www.ssvec.org

Is Sulphur Springs Valley Electric Cooperative Inc legitimate?

Sulphur Springs Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sulphur Springs Valley 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: $4,026,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,002,657

For more financial information, click here


Official website here: www.ssvec.org

What is the mission statement of Sulphur Springs Valley Electric Cooperative Inc?

Sulphur Springs Valley Electric Cooperative Inc is dedicated to delivering quality and reliable electric service to its member-owners. The cooperative prioritizes exceptional support to the communities it serves. Beyond providing electric energy on a cooperative basis, SSVEC allocates patronage capital to its members. With over 53,000 active services at year end, the cooperative ensures a safe and dependable power supply. The team at SSVEC is committed to fostering a strong sense of community and collaborating with members to address their unique energy needs.


Official website here: www.ssvec.org

Who is the CEO of Sulphur Springs Valley Electric Cooperative Inc?

Jason Bowling is the Chief Executive Officer (May-Dec) of Sulphur Springs Valley Electric Cooperative Inc. The CEO's salary of Sulphur Springs Valley Electric Cooperative Inc is $302,449 and their total compensation is $432,452.


Official website here: www.ssvec.org

What is the revenue of Sulphur Springs Valley Electric Cooperative Inc?

Sulphur Springs Valley Electric Cooperative Inc's revenue in 2022 was $139,123,621.


Official website here: www.ssvec.org

Who are the executives of Sulphur Springs Valley Electric Cooperative Inc and what are their salaries?

The average compensation at Sulphur Springs Valley Electric Cooperative Inc during 2022 was $67,858. There are 192 employees at Sulphur Springs Valley Electric Cooperative Inc.

Here are 27 key members and their salaries (Sulphur Springs Valley Electric Cooperative Inc's CEO's salary is $302,449 and their total compensation is $432,452):

    Creden Huber (Chief Executive Officer (Jan-May))
  • Compensation: $484,420
  • Related: $0
  • Other: $207,865

    • Jason Bowling (Chief Executive Officer (May-Dec))
  • Compensation: $302,449
  • Related: $0
  • Other: $130,003

    • Jack Blair (Vice President Member Services)
  • Compensation: $251,686
  • Related: $0
  • Other: $99,607

    • Nathan Hodges (Vice President Operations)
  • Compensation: $202,794
  • Related: $0
  • Other: $117,779

    • Daniel Wilson (Senior Vice President Operations)
  • Compensation: $226,773
  • Related: $0
  • Other: $86,630

    • Orson Garnsey (Vice President Information Technology)
  • Compensation: $196,209
  • Related: $0
  • Other: $86,981

    • Ron Lee (Vice President Finance)
  • Compensation: $185,342
  • Related: $0
  • Other: $94,671

    • Richard Ellis (Journeyman Lineman)
  • Compensation: $168,162
  • Related: $0
  • Other: $89,620

    • James Freeman (Controller (Jan-Nov))
  • Compensation: $162,794
  • Related: $0
  • Other: $78,021

    • Jorge Garcia (Foreman Ii)
  • Compensation: $155,276
  • Related: $0
  • Other: $71,289

    • Jesus Moreno (Vice President Engineering)
  • Compensation: $159,499
  • Related: $0
  • Other: $63,311

    • Manuel Gonzales (Vice President Tech Services)
  • Compensation: $157,763
  • Related: $0
  • Other: $63,008

    • Jesus Hernandez (Foreman Ii)
  • Compensation: $142,071
  • Related: $0
  • Other: $65,238

    • Luis Montano (Foreman Ii)
  • Compensation: $155,981
  • Related: $0
  • Other: $50,145

    • Andrea Tyndall (Vice President Strategy & Compliance)
  • Compensation: $131,861
  • Related: $0
  • Other: $70,590

    • Owen Mortenson (Journeyman Lineman)
  • Compensation: $143,163
  • Related: $0
  • Other: $47,553

    • Rebecca Buksh (Vice President Human Resources)
  • Compensation: $101,416
  • Related: $0
  • Other: $60,691

    • Curtis Nolan (President) [Trustee/Director]
  • Compensation: $40,603
  • Related: $0
  • Other: $0

    • David Kelso (Director)
  • Compensation: $36,287
  • Related: $0
  • Other: $0

    • Joseph Beam (Treasurer) [Trustee/Director]
  • Compensation: $33,112
  • Related: $0
  • Other: $0

    • Clifford Lex Herron (Director)
  • Compensation: $32,238
  • Related: $0
  • Other: $0

    • Dan Barrera (Secretary) [Trustee/Director]
  • Compensation: $31,875
  • Related: $0
  • Other: $0

    • Randy Redmond (Vice President) [Trustee/Director]
  • Compensation: $30,578
  • Related: $0
  • Other: $0

    • Kathryn Thatcher (Director)
  • Compensation: $29,112
  • Related: $0
  • Other: $0

    • Thomas Goodman (Director)
  • Compensation: $28,750
  • Related: $0
  • Other: $0

    • Russell Mcneil (Director (Apr-Dec))
  • Compensation: $22,875
  • Related: $0
  • Other: $0

    • Pat English (Director)
  • Compensation: $18,425
  • Related: $0
  • Other: $0


  • Official website here: www.ssvec.org

    Where can I find the form 990 for Sulphur Springs Valley Electric Cooperative Inc?

    The Sulphur Springs Valley Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ssvec.org

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

    Mission Statement of Sulphur Springs Valley Electric Cooperative Inc

    Sulphur Springs Valley Electric Cooperative Inc, a cooperative dedicated to delivering quality and reliable electric service, is committed to supporting its member-owners and the communities it serves in exceptional ways. With a mission to provide safe and dependable electric energy on a cooperative basis, the organization distributes patronage capital to its members.

    At the heart of Sulphur Springs Valley Electric Cooperative Inc's mission lies its unwavering dedication to its members. By prioritizing exceptional support, the cooperative ensures that its member-owners receive not only top-notch electric service but also a sense of partnership and community. The team at the cooperative is deeply invested in the well-being of its members and prides itself on maintaining strong relationships built on trust and collaboration.

    Sulphur Springs Valley Electric Cooperative Inc's commitment to its members extends beyond the provision of electric energy. With 53,283 active services under its care at year end, the cooperative is dedicated to ensuring that its member-owners experience consistent, reliable, and safe electric service. By prioritizing the needs of its members and fostering a cooperative spirit, the cooperative has become more than just a utility provider—it is a trusted partner and community advocate.

    Impact

    This information is meant to be a general summary of Sulphur Springs Valley 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

    Sulphur Springs Valley Electric Cooperative Inc's impact lies in its provision of quality and reliable electric service to its members. By delivering safe and reliable electricity through a cooperative model, SSVEC contributes to the functioning and development of the communities it serves. With over 53,000 active services at year-end, the cooperative plays a crucial role in ensuring that its member-owners have access to essential energy resources. Furthermore, SSVEC's emphasis on exceptional support and commitment to its mission of delivering safe and reliable electricity highlights its dedication to enhancing the well-being of its member-owners and the broader community.





    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: $294,791
  • Program Service Revenue: $137,761,938
  • Gross Receipts: $139,126,767

    • Assets and Liabilities:
  • Total Assets: $332,643,442
  • Total Liabilities: $169,176,919
  • Net Assets: $163,466,523
  • Programs

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

    SALES OF ELECTRICITY

    Revenue

    $131,980,215

    PATRONAGE DIVIDENDS

    Revenue

    $2,595,767

    DISTRIBUTION SERVICES

    Revenue

    $2,413,862

    SERVICE FEES

    Revenue

    $772,094

    Organization Details

    Founding Year

    1938

    Principal Officer

    Jason Bowling

    Main Address

    350 N HASKELL, WILLCOX, AZ, 85643

    NTEE Category

    Code: W80 - Public benefit

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