Overview
What is Association Of Illinois Electric Cooperatives?
The Association of Illinois Electric Cooperatives is a member-owned organization situated in Springfield, Illinois. Comprising 30 member-cooperatives, its primary goal is to promote and advance the electric cooperative program within the state, ensuring the welfare and safeguarding the interests of its members. One of its key service programs is Information Publications, which disseminates relevant news about the electric industry and rural electrification through a monthly publication. The association, with a workforce of 31 individuals, operates within its specified address in Springfield.
Official website here: www.aiec.coop
Is Association Of Illinois Electric Cooperatives legitimate?
Association Of Illinois Electric Cooperatives is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association Of Illinois Electric Cooperatives 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: $1,155,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,013,186
For more financial information, click here
Official website here: www.aiec.coop
What is the mission statement of Association Of Illinois Electric Cooperatives?
The Association of Illinois Electric Cooperatives, a member-owned organization, is committed to promoting and developing the electric cooperative program within Illinois. Their primary objective is to enhance the general welfare and safeguard the interests of its association members. One of the services provided by the association is Information Publications, which is a monthly publication containing news related to electric business and the rural electrification program, aimed at keeping the membership informed.
Official website here: www.aiec.coop
Who is the CEO of Association Of Illinois Electric Cooperatives?
N Duane Noland is the CEO of Association Of Illinois Electric Cooperatives The CEO's salary of Association Of Illinois Electric Cooperatives is $130,012 and their total compensation is $130,012.
Official website here: www.aiec.coop
What is the revenue of Association Of Illinois Electric Cooperatives?
Association Of Illinois Electric Cooperatives's revenue in 2024 was $7,123,286.
Official website here: www.aiec.coop
Who are the executives of Association Of Illinois Electric Cooperatives and what are their salaries?
The average compensation at Association Of Illinois Electric Cooperatives during 2024 was $69,970. There are 31 employees at Association Of Illinois Electric Cooperatives.
Here are 41 key members and their salaries (Association Of Illinois Electric Cooperatives's CEO's salary is $130,012 and their total compensation is $130,012):
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,200
- Related: $0
- Other: $0
- Compensation: $1,600
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $216,461
- Related: $0
- Other: $30,043
- Compensation: $118,755
- Related: $0
- Other: $40,994
- Compensation: $92,364
- Related: $0
- Other: $16,181
- Compensation: $149,686
- Related: $0
- Other: $48,265
- Compensation: $128,010
- Related: $0
- Other: $62,495
- Compensation: $112,756
- Related: $0
- Other: $36,433
- Compensation: $110,633
- Related: $0
- Other: $51,707
- Compensation: $130,012
- Related: $0
- Other: $0
Official website here: www.aiec.coop
Where can I find the form 990 for Association Of Illinois Electric Cooperatives?
Association Of Illinois Electric Cooperatives's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aiec.coop
Learn more at the official website: www.aiec.coop
Mission Statement of Association Of Illinois Electric Cooperatives
The Association of Illinois Electric Cooperatives, a member-owned organization, is dedicated to promoting and developing the electric cooperative program within the state of Illinois. Its primary mission is to enhance the general welfare and safeguard the interests of its association members. To achieve this, the organization actively works towards the advancement of the electric cooperative program in Illinois. The Association of Illinois Electric Cooperatives offers various services to its members, one of which is Information Publications. This service program provides a monthly publication containing news and updates concerning electric business and the rural electrification program, keeping the membership informed and engaged.
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Impact
October, 2024
The Association of Illinois Electric Cooperatives significantly impacts the state's electric cooperative landscape by promoting the development and advancement of these organizations. With a membership comprising 30 cooperatives, it serves as a crucial support system, enhancing the welfare of both its members and the communities they serve.
By providing resources such as monthly publications, the Association keeps its members informed about the latest news in electric business and rural electrification initiatives. This information dissemination fosters collaboration and innovation among cooperatives, enabling them to better serve their communities and address the unique challenges they face.
Furthermore, the Association plays a vital role in advocating for the interests of its members, ensuring that their voices are heard in legislative and regulatory matters. This advocacy is essential for the sustainability and growth of electric cooperatives in Illinois, ultimately benefiting rural residents by ensuring access to reliable and affordable electricity.
In summary, the Association of Illinois Electric Cooperatives enhances the capacity of its member cooperatives, promotes community improvement, and safeguards the interests of its members, all of which contribute to a more resilient and cooperative-driven energy infrastructure in the state.
This information is meant to be a general summary of Association Of Illinois Electric Cooperatives. 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 2024.
- Investment Income: $65,193
- Program Service Revenue: $1,439,549
- Gross Receipts: $7,123,286
Assets and Liabilities:
- Total Assets: $3,573,467
- Total Liabilities: $1,712,876
- Net Assets: $1,860,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL ACTIVITIES
Revenue
$1,219,793
SPECIAL SERVICE
Revenue
$111,034
SAFETY PROGRAMS
Revenue
$85,487
GROUP SALES
Revenue
$23,235
Organization Details
Founding Year
1942
Principal Officer
Jennifer Sours
Website
www.aiec.coopNTEE Category
Code: S41 - Community improvement
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