Overview
What is Southern Indiana Rec Inc?
Southern Indiana Rec Inc, also known as Southern Indiana Power, is a nonprofit cooperative based in Tell City, Indiana, with an approximate membership of 7,533. Their primary mission is to provide safe, reliable, and affordable electricity to the community, enhancing their overall quality of life. With a dedicated workforce of 31 employees, Southern Indiana Rec Inc strives to maintain a dependable power supply and continuously improve the living conditions for its members.
Official website here: www.sinpwr.com
What are the reviews and ratings of this charity?
Southern Indiana Rec Inc is not currently rated by Charity Navigator. This is due to the organization not being registered as a 501(c)(3) nonprofit with the IRS, which makes it ineligible for evaluation based on Accountability & Finance, Impact & Measurement, or other methodologies typically used by Charity Navigator. Thus, the absence of a rating does not imply any specific positive or negative assessment.
The lack of a 501(c)(3) status also means that the organization does not have available data on revenue, expenses, and salary of key persons, which are usually required for many types of nonprofit evaluations. It is categorized as an independent organization but does not fall under the IRS codes typically screened by Charity Navigator.
No user reviews are found on GreatNonprofits for Southern Indiana Rec Inc, meaning there is no additional feedback from the public available to offset the absence of Charity Navigator’s evaluation. This lack of user input leaves a gap in insights into the organization's community impact and overall perception.
This AI summary has been generated from information found on Charity Navigator.
Is Southern Indiana Rec Inc legitimate?
Southern Indiana Rec Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southern Indiana Rec 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $378,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,295,695
For more financial information, click here
Official website here: www.sinpwr.com
What is the mission statement of Southern Indiana Rec Inc?
Southern Indiana Rec Inc is dedicated to supplying its members with safe, dependable, and economical electricity. By doing so, the cooperative aims to enhance the overall quality of life for its approximately 7,533 members. The organization's primary mission is centered around delivering electricity on a cooperative basis and ensuring the well-being of its community.
Official website here: www.sinpwr.com
Who is the CEO of Southern Indiana Rec Inc?
Steve Seibert is the Chairman of Southern Indiana Rec Inc. The CEO's salary of Southern Indiana Rec Inc is $227,894 and their total compensation is $309,944.
Official website here: www.sinpwr.com
What is the revenue of Southern Indiana Rec Inc?
Southern Indiana Rec Inc's revenue in 2022 was $46,685,801.
Official website here: www.sinpwr.com
Who are the executives of Southern Indiana Rec Inc and what are their salaries?
The average compensation at Southern Indiana Rec Inc during 2022 was $86,279. There are 31 employees at Southern Indiana Rec Inc.
Here are 15 key members and their salaries (Southern Indiana Rec Inc's CEO's salary is $227,894 and their total compensation is $309,944):
- Compensation: $11,575
- Related: $0
- Other: $0
- Compensation: $3,375
- Related: $0
- Other: $0
- Compensation: $5,325
- Related: $0
- Other: $0
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $9,950
- Related: $0
- Other: $0
- Compensation: $8,200
- Related: $0
- Other: $0
- Compensation: $10,125
- Related: $0
- Other: $0
- Compensation: $5,700
- Related: $0
- Other: $0
- Compensation: $5,150
- Related: $0
- Other: $0
- Compensation: $227,894
- Related: $0
- Other: $82,050
- Compensation: $108,343
- Related: $0
- Other: $51,804
- Compensation: $105,991
- Related: $0
- Other: $52,040
- Compensation: $107,730
- Related: $0
- Other: $39,356
- Compensation: $101,994
- Related: $0
- Other: $64,951
- Compensation: $102,403
- Related: $0
- Other: $36,479
Official website here: www.sinpwr.com
Where can I find the form 990 for Southern Indiana Rec Inc?
Southern Indiana Rec Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sinpwr.com
Learn more at the official website: www.sinpwr.com
Mission Statement of Southern Indiana Rec Inc
Southern Indiana Rec Inc, a cooperative organization, is dedicated to providing safe, dependable, and economical electricity to approximately 7,533 members. The mission of this nonprofit goes beyond just supplying power; it aims to enhance the overall quality of life for its members. By ensuring a consistent electricity supply, Southern Indiana Rec Inc contributes significantly to the comfort and convenience of its community. The cooperative nature of the organization allows for a sense of unity and shared responsibility among its members, fostering a strong community bond. Through its unwavering commitment to safety, reliability, and affordability, Southern Indiana Rec Inc continues to make a positive impact on the lives of those it serves.
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Impact
October, 2024
Southern Indiana Rec Inc significantly impacts the community by providing safe, reliable, and affordable electricity to approximately 7,533 members in Tell City, Indiana. This cooperative approach ensures that members not only receive power but also benefit from a commitment to enhance their quality of life. By prioritizing dependable energy distribution, the organization fosters economic stability and supports local growth. Its efforts contribute to a community infrastructure that allows residents and businesses to thrive, making energy access integral to the region's overall well-being.
This information is meant to be a general summary of Southern Indiana Rec Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $159,946
- Program Service Revenue: $45,512,301
- Gross Receipts: $46,685,801
Assets and Liabilities:
- Total Assets: $76,919,602
- Total Liabilities: $30,686,357
- Net Assets: $46,233,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE-ELECTRIC SALES
Revenue
$45,512,301
Organization Details
Founding Year
1939
Phone
(812) 547-2316Principal Officer
Steve Seibert
Main Address
PO BOX 219, TELL CITY, IN, 47586
Website
www.sinpwr.comNTEE Category
Code: W80 - Public benefit
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