Egyptian Electric Cooperative Association

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

EIN: 370259803 ✦ Murphysboro, IL ✦ Designated as a 501(c)(12)

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Overview

What is Egyptian Electric Cooperative Association?

The Egyptian Electric Cooperative Association (EECA) is a nonprofit electric utility organization based in Murphysboro, Illinois, with an address at 1732 Finney Rd. Established in 1938, EECA has been dedicated to delivering reliable and cost-effective electric services to around 15,000 member-owners in Southern Illinois. The cooperative uses the revenue from electricity sales to procure wholesale power from Southern Illinois Power Cooperative and invest in essential infrastructure and facilities to distribute electricity, maintain them, and support service systems. Its primary mission remains fulfilling the energy needs of its community in a ten-county area.


Official website here: www.eeca.coop

What do the Facebook reviews say about Egyptian Electric Cooperative Association?

68% of 24 reviewers on Facebook recommend the Egyptian Electric Cooperative Association. Here is a summary of their reviews:

Many individuals express frustration regarding billing issues, with a particularly notable incident where a customer was informed about incorrect billing over several months. The response from management left the customer feeling that their concerns were not appropriately addressed, highlighting a significant dissatisfaction with customer service and accountability.

While some reviewers appreciate the services provided, the negative experiences related to billing errors and management responses have resulted in a mixed perception overall. It appears that there are considerable areas for improvement, particularly in communication and resolution of billing concerns.


This AI summary has been generated from reviews found on Facebook.

Is Egyptian Electric Cooperative Association legitimate?

Egyptian Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Egyptian Electric Cooperative Association 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: $722,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,587,876

For more financial information, click here


Official website here: www.eeca.coop

What is the mission statement of Egyptian Electric Cooperative Association?

The Egyptian Electric Cooperative Association (EECA) is dedicated to delivering electric services to around 15,000 members in a ten-county region. Established in 1938, this cooperative has been a constant provider of reliable and cost-effective power to its community. The primary focus of EECA is to purchase wholesale electricity from Southern Illinois Power Cooperative and distribute it efficiently to its members. By generating revenue from electricity sales, the cooperative invests in the necessary infrastructure and facilities to ensure the continued delivery of electricity and provides essential maintenance and support systems.


Official website here: www.eeca.coop

Who is the CEO of Egyptian Electric Cooperative Association?

Michael S Hermetz is the Executive Vice President/General Manager of Egyptian Electric Cooperative Association.


Official website here: www.eeca.coop

What is the revenue of Egyptian Electric Cooperative Association?

Egyptian Electric Cooperative Association's revenue in 2022 was $44,358,904.


Official website here: www.eeca.coop

Who are the executives of Egyptian Electric Cooperative Association and what are their salaries?

The average compensation at Egyptian Electric Cooperative Association during 2022 was $68,960. There are 48 employees at Egyptian Electric Cooperative Association.


Here are 16 key members and their salaries:


Michael S Hermetz (Executive Vice President/General Manager)
  • Compensation: $267,661
  • Related: $0
  • Other: $290,774
Brad Austin (Engineering Manager)
  • Compensation: $133,971
  • Related: $0
  • Other: $135,905
Jeremy Thies (Operations Supervisor)
  • Compensation: $127,058
  • Related: $0
  • Other: $119,649
Art Pontow (Projects Manager)
  • Compensation: $146,255
  • Related: $0
  • Other: $97,292
Dennis Luehr (Projects Manager)
  • Compensation: $126,875
  • Related: $0
  • Other: $56,762
Cody Lee (Lineman-Foreman)
  • Compensation: $126,118
  • Related: $0
  • Other: $53,314
Cheryl Bauersachs (Finance Manager)
  • Compensation: $97,883
  • Related: $0
  • Other: $81,374
Kevin Liefer (Director)
  • Compensation: $4,800
  • Related: $0
  • Other: $16,836
Paul Hicks (Director)
  • Compensation: $7,800
  • Related: $0
  • Other: $5,732
Kenneth Jarrett (Director)
  • Compensation: $11,400
  • Related: $0
  • Other: $0
Steve Prest (Director)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Paul Pyatt (Director)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Randall Campbell (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Richard Asaturian (Director)
  • Compensation: $4,300
  • Related: $0
  • Other: $0
Mary Jo Homan (Director)
  • Compensation: $4,100
  • Related: $0
  • Other: $0
Kevin Bame (Director)
  • Compensation: $3,100
  • Related: $0
  • Other: $0


Official website here: www.eeca.coop

Where can I find the form 990 for Egyptian Electric Cooperative Association?

Egyptian Electric Cooperative Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eeca.coop

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

Mission Statement of Egyptian Electric Cooperative Association

Egyptian Electric Cooperative Association, or EECA, is a mission-driven electric cooperative that has been serving around 15,000 member-owners in Southern Illinois since its establishment in 1938. The organization's primary objective is to ensure the delivery of dependable and economical electric services to its community.

EECA's operations revolve around purchasing wholesale power from Southern Illinois Power Cooperative and distributing it to its members through a robust network of facilities. The revenue generated from electricity sales is allocated towards the procurement of wholesale power, as well as the construction, maintenance, and improvement of the necessary distribution infrastructure and support systems.

EECA's commitment to its members extends beyond just providing electricity. Its mission is deeply rooted in ensuring that the families and businesses it serves have access to reliable electricity, enabling them to thrive and build a better future. By focusing on cost-effective energy solutions, EECA aims to empower its members to lead fulfilled lives within their communities.

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Impact




October, 2024

Egyptian Electric Cooperative Association (EECA) plays a vital role in delivering reliable and cost-effective electric services to approximately 15,000 members in Southern Illinois. Founded in 1938, EECA serves a ten-county area, ensuring that its customers have access to essential electricity required for both residential and commercial needs.

By generating revenue through the sale of electricity, EECA is able to purchase wholesale power from Southern Illinois Power Cooperative. This partnership not only supports local energy production but also enables EECA to maintain and upgrade its distribution and general plant facilities. Their commitment to maintaining these infrastructures ensures that members receive uninterrupted service and support for their energy needs.

EECA's impact extends beyond just power delivery; it fosters community development by ensuring affordable energy access, which is critical for economic activities in the region. The cooperative model also reinforces a sense of ownership among its members, enhancing community engagement and investment in local initiatives. Overall, EECA is pivotal in promoting energy reliability and sustainability in Southern Illinois.




This information is meant to be a general summary of Egyptian Electric Cooperative Association. 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.

Revenue
$44,358,904 (2022)
Expenses
$46,053,901 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $35,436
  • Program Service Revenue: $42,770,661
  • Gross Receipts: $44,358,904

Assets and Liabilities:

  • Total Assets: $107,457,170
  • Total Liabilities: $53,993,875
  • Net Assets: $53,463,295

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Programs

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

Electric sales

Revenue

$42,538,204

Other sales

Revenue

$232,457

Organization Details

Founding Year

1938

Principal Officer

Michael S Hermetz

Main Address

1732 Finney Rd, Murphysboro, IL, 62966

NTEE Category

Code: W80 - Public benefit

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