Overview
What is Eastern Illini Electric Cooperative?
Eastern Illini Electric Cooperative (EIEC) is a nonprofit organization headquartered at 330 W Ottawa Rd, Paxton, Illinois (60957). With a team of 67 dedicated individuals, EIEC's primary activity is the distribution of electric energy to cooperative members in the rural areas. Their mission is to ensure the delivery of safe, reliable, premium-quality, and economically-priced electricity, along with related services to their members/owners.
Official website here: www.eiec.org
Is Eastern Illini Electric Cooperative legitimate?
Eastern Illini Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eastern Illini Electric Cooperative 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: $706,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $709,842
For more financial information, click here
Official website here: www.eiec.org
What is the mission statement of Eastern Illini Electric Cooperative?
The Eastern Illini Electric Cooperative (EIEC) is dedicated to providing its members with safe, reliable, premium-quality electricity and related services. Their mission encompasses ensuring the economical pricing of these essential offerings. EIEC prioritizes the delivery of electric energy to its cooperative members, focusing on their needs and satisfaction.
Official website here: www.eiec.org
Who is the CEO of Eastern Illini Electric Cooperative?
Robert Hunzinger is the Director of Eastern Illini Electric Cooperative. The CEO's salary of Eastern Illini Electric Cooperative is $339,120 and their total compensation is $390,562.
Official website here: www.eiec.org
What is the revenue of Eastern Illini Electric Cooperative?
Eastern Illini Electric Cooperative's revenue in 2022 was $39,420,065.
Official website here: www.eiec.org
Who are the executives of Eastern Illini Electric Cooperative and what are their salaries?
The average compensation at Eastern Illini Electric Cooperative during 2022 was $21,137. There are 67 employees at Eastern Illini Electric Cooperative.
Here are 17 key members and their salaries (Eastern Illini Electric Cooperative's CEO's salary is $339,120 and their total compensation is $390,562):
- Compensation: $5,616
- Related: $0
- Other: $0
- Compensation: $8,416
- Related: $0
- Other: $0
- Compensation: $7,716
- Related: $0
- Other: $0
- Compensation: $7,366
- Related: $0
- Other: $0
- Compensation: $9,816
- Related: $0
- Other: $0
- Compensation: $8,766
- Related: $0
- Other: $0
- Compensation: $10,866
- Related: $0
- Other: $0
- Compensation: $8,766
- Related: $0
- Other: $0
- Compensation: $5,616
- Related: $0
- Other: $0
- Compensation: $339,120
- Related: $0
- Other: $51,442
- Compensation: $131,490
- Related: $0
- Other: $38,497
- Compensation: $123,475
- Related: $0
- Other: $31,497
- Compensation: $147,036
- Related: $0
- Other: $34,802
- Compensation: $123,663
- Related: $0
- Other: $24,651
- Compensation: $117,192
- Related: $0
- Other: $23,641
- Compensation: $116,205
- Related: $0
- Other: $27,497
- Compensation: $117,324
- Related: $0
- Other: $15,699
Official website here: www.eiec.org
Where can I find the form 990 for Eastern Illini Electric Cooperative?
Eastern Illini Electric Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eiec.org
Learn more at the official website: www.eiec.org
Mission Statement of Eastern Illini Electric Cooperative
Eastern Illini Electric Cooperative, or EIEC, is dedicated to the mission of providing safe, reliable, premium-quality, economically-priced electricity and related services to its members. The cooperative works tirelessly to ensure the delivery of electric energy that meets and exceeds expectations.
In simple terms, EIEC's focus is on serving its rural members by selling and distributing electricity in a manner that prioritizes safety, reliability, and affordability. The cooperative takes pride in offering a top-quality product that is essential for modern living, while maintaining an unwavering commitment to customer satisfaction.
EIEC's mission extends beyond the mere distribution of electricity. It aims to deliver a premium service experience that sets it apart from other providers. By offering economically-priced electricity, EIEC ensures that its members can enjoy the benefits of reliable power without incurring excessive costs. This commitment to affordability is a significant factor in the cooperative's reputation and member loyalty.
In summary, Eastern Illini Electric Cooperative is a mission-driven organization that puts the needs of its members first. It is dedicated to providing safe, reliable, premium-quality, and economically-priced electric energy, making a positive impact on the lives of those it serves.
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Impact
October, 2024
Eastern Illini Electric Cooperative plays a crucial role in delivering safe, reliable, and premium-quality electricity to rural communities in central Illinois. Based in Paxton, IL, it focuses on the sale and distribution of electric energy to its cooperative members, ensuring they have access to essential services tailored to their needs.
The cooperative's mission centers on providing economically-priced electricity and related services, which not only supports the quality of life for its members but also fosters local economic growth. By prioritizing reliable energy access, Eastern Illini Electric Cooperative contributes to the stability and development of rural areas, empowering residents and businesses to thrive. Its efforts reflect a commitment to public benefit, enhancing the overall well-being of the communities it serves.
This information is meant to be a general summary of Eastern Illini Electric Cooperative. 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: $110,344
- Program Service Revenue: $36,524,581
- Gross Receipts: $39,583,521
Assets and Liabilities:
- Total Assets: $94,063,868
- Total Liabilities: $41,555,527
- Net Assets: $52,508,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC ENERGY REVENUE
Revenue
$36,343,646
MISCELLANEOUS ELECTRIC REVENUE
Revenue
$180,935
Organization Details
Founding Year
1987
Phone
(217) 379-2131Principal Officer
Robert Hunzinger
Main Address
330 W OTTAWA RD, PAXTON, IL, 609571624
Website
www.eiec.orgNTEE Category
Code: W80 - Public benefit
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