Steuben Rural Electric Cooperative Inc

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

EIN: 160650108 ✦ Bath, NY ✦ Designated as a 501(c)(12)

Overview

What is Steuben Rural Electric Cooperative Inc?

Steuben Rural Electric Cooperative Inc, based at 9 Wilson Avenue, Bath, New York 14810, is a nonprofit organization dedicated to enhancing rural life by delivering affordable, dependable electricity and associated services to over 6,400 members across four counties. Their mission is to improve rural communities by ensuring access to safe, cost-effective electricity. With a team of 32 employees, they strive to provide their members with a high standard of electric service.


Official website here: www.steubenrec.coop

Is Steuben Rural Electric Cooperative Inc legitimate?

Steuben Rural Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Steuben Rural 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: $207,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.steubenrec.coop

What is the mission statement of Steuben Rural Electric Cooperative Inc?

Steuben Rural Electric Cooperative Inc aims to enhance rural living standards by supplying its members with affordable and dependable electricity and associated services. The cooperative is dedicated to ensuring the safety of its operations while delivering electricity to over 6,400 meters spread across four counties. The mission of Steuben Rural Electric Cooperative Inc is to improve the quality of life for its members by providing them with reliable electricity and additional services in a secure manner. The cooperative's focus on safety, affordability, and dependability sets it apart in delivering essential electricity to its community.


Official website here: www.steubenrec.coop

Who is the CEO of Steuben Rural Electric Cooperative Inc?

Bryant Dillon is the Treasurer of Steuben Rural Electric Cooperative Inc.


Official website here: www.steubenrec.coop

What is the revenue of Steuben Rural Electric Cooperative Inc?

Steuben Rural Electric Cooperative Inc's revenue in 2022 was $12,328,406.


Official website here: www.steubenrec.coop

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

The average compensation at Steuben Rural Electric Cooperative Inc during 2022 was $6,497. There are 32 employees at Steuben Rural Electric Cooperative Inc.

Here are 15 key members and their salaries:

    Bryant Dillon (General Manager)
  • Compensation: $115,974
  • Related: $0
  • Other: $39,640

    • Joshua Gauss (Operations Manager)
  • Compensation: $106,395
  • Related: $0
  • Other: $39,928

    • Richard Pendle (Chief Lineman)
  • Compensation: $107,527
  • Related: $0
  • Other: $33,756

    • Evan Wightman (First Class Lineman)
  • Compensation: $102,150
  • Related: $0
  • Other: $34,638

    • Justin Young (First Class Lineman)
  • Compensation: $107,951
  • Related: $0
  • Other: $18,677

    • Wade Nelson (Foreman)
  • Compensation: $103,755
  • Related: $0
  • Other: $19,957

    • Edward Borkowski (Director)
  • Compensation: $9,800
  • Related: $0
  • Other: $0

    • James R Mccormick (President) [Trustee/Director]
  • Compensation: $7,460
  • Related: $0
  • Other: $0

    • Gerald Chase (Director)
  • Compensation: $6,860
  • Related: $0
  • Other: $0

    • Gordon Foster (Treasurer) [Trustee/Director]
  • Compensation: $6,680
  • Related: $0
  • Other: $0

    • Robert V Nichols (Vice President) [Trustee/Director]
  • Compensation: $6,120
  • Related: $0
  • Other: $0

    • Randy Stankey (Director)
  • Compensation: $5,900
  • Related: $0
  • Other: $0

    • Janice Hoad (Secretary) [Trustee/Director]
  • Compensation: $5,860
  • Related: $0
  • Other: $0

    • William H Moss Iii (Director)
  • Compensation: $3,000
  • Related: $0
  • Other: $0

    • Walter Longwell (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0


  • Official website here: www.steubenrec.coop

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

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


    Official website here: www.steubenrec.coop

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

    Mission Statement of Steuben Rural Electric Cooperative Inc

    Steuben Rural Electric Cooperative Inc, a dedicated organization, strives to enhance rural life by delivering affordable, dependable electricity and associated services to its members. With a commitment to safety, this cooperative aims to improve the overall quality of life for those residing in rural areas.

    Serving over 6,400 meters across four counties, Steuben Rural Electric Cooperative Inc goes beyond the provision of basic electricity. It is a beacon of reliability, ensuring that its members can depend on a consistent power supply. The cooperative's mission is not just about electricity; it also encompasses ensuring that these essential services are delivered in a secure manner. By doing so, it fosters peace of mind and enables its members to focus on their daily lives.

    Steuben Rural Electric Cooperative Inc's unwavering dedication to its members is evident in its efforts to provide low-cost electricity. By offering affordable rates, this cooperative helps make electricity accessible to a larger population in rural areas. Additionally, it ensures the timely execution of any necessary repairs and maintenance, minimizing downtime and ensuring uninterrupted power. As a responsible and community-focused organization, Steuben Rural Electric Cooperative Inc continues to prioritize the well-being of its members, providing them with the electricity they need to thrive in their rural environments.

    Impact

    This information is meant to be a general summary of Steuben Rural 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

    Steuben Rural Electric Cooperative Inc's impact is significant in improving the quality of rural life by providing over 6,400 meters in four counties with low-cost, reliable electricity and related services in a safe manner. By ensuring a steady and affordable energy supply, Steuben Rural Electric Cooperative contributes to the overall well-being and development of rural communities in New York. Their commitment to delivering essential services plays a crucial role in supporting the growth and sustainability of the areas they serve.





    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: $82,461
  • Program Service Revenue: $12,224,904
  • Gross Receipts: $12,328,406

    • Assets and Liabilities:
  • Total Assets: $40,590,511
  • Total Liabilities: $21,757,324
  • Net Assets: $18,833,187
  • Programs

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

    ELECTRIC SERVICE REVENUE

    Revenue

    $12,224,904

    Organization Details

    Founding Year

    1941

    Principal Officer

    Bryant Dillon

    Main Address

    9 WILSON AVENUE, BATH, NY, 14810

    NTEE Category

    Code: W80 - Public benefit

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