Overview
What is Shelby Electric Cooperative?
Shelby Electric Cooperative is a nonprofit organization based in Shelbyville, Illinois. They serve communities in Christian, Cumberland, Efingham, Fayette, Macon, Montgomery, Moulrie, Sangamon, and Shelby counties. With approximately 10,000 member-owners, they manage over 2,200 miles of energized lines to deliver reliable electric power and related services at an affordable cost. Their mission is to provide affordable electricity to their communities, ensuring a consistent power supply. Shelby Electric Cooperative employs a team of 67 individuals to carry out their operations.
Official website here: www.shelbyelectric.coop
Is Shelby Electric Cooperative legitimate?
Shelby Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Shelby 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $756,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $548,520
For more financial information, click here
What is the mission statement of Shelby Electric Cooperative?
Shelby Electric Cooperative is dedicated to delivering reliable electric power and associated services to its members at an affordable cost. The cooperative's primary objective is to ensure a consistent power supply for its approximately 10,000 member-owners, spread across several counties. With over 2,200 miles of energized lines, Shelby Electric Cooperative strives to keep the power flowing efficiently and affordably to meet the needs of its community. In doing so, it aims to build trust and foster strong relationships with its members.
Official website here: www.shelbyelectric.coop
Who is the CEO of Shelby Electric Cooperative?
Josh M Shallenberger is the Ceo of Shelby Electric Cooperative. The CEO's salary of Shelby Electric Cooperative is $249,231 and their total compensation is $401,083.
Official website here: www.shelbyelectric.coop
What is the revenue of Shelby Electric Cooperative?
Shelby Electric Cooperative's revenue in 2022 was $38,433,374.
Official website here: www.shelbyelectric.coop
Who are the executives of Shelby Electric Cooperative and what are their salaries?
The average compensation at Shelby Electric Cooperative during 2022 was $19,481. There are 67 employees at Shelby Electric Cooperative.
Here are 16 key members and their salaries (Shelby Electric Cooperative's CEO's salary is $249,231 and their total compensation is $401,083):
- Josh M Shallenberger (Ceo)
- Brian R Chevalier (Operations)
- Roger W Jones (Operations)
- James A Matlock (Coo)
- Terry L Oldham (Operations)
- Troy L Hatfield (Controller)
- Robert Holthaus (Director)
- Brent Lively (Director)
- Scott Ohmes (Director)
- Brian Halbrook (Director)
- Greg Mackling (Director)
- David Keown (Director)
- Larry Durbin (Director)
- John Gardner (Director)
- Rob Bullock (Director)
- Katie Ohmes (Director)
Official website here: www.shelbyelectric.coop
Where can I find the form 990 for Shelby Electric Cooperative?
The Shelby Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.shelbyelectric.coop
Learn more at the official website: www.shelbyelectric.coop
Mission Statement of Shelby Electric Cooperative
Shelby Electric Cooperative, a not-for-profit organization, is dedicated to providing dependable electric power and associated services to its members at an affordable cost. With a mission deeply rooted in affordability, this cooperative serves communities in Christian, Cumberland, Efingham, Fayette, Macon, Montgomery, Moulrie, Sangamon, and Shelby counties.
The cooperative boasts an impressive network, covering over 2,200 miles of energized lines, and serving approximately 10,000 member-owners. Shelby Electric Cooperative's commitment to its community extends beyond just electricity. By investing in a reliable electric infrastructure, it ensures the consistent delivery of power that supports the daily lives and economic growth of the areas it serves.
The cooperative's unwavering dedication to affordability sets it apart. It strives to make essential electric services accessible to all its members, ensuring that the cost of power does not place an undue burden on households and businesses. This commitment to affordability and reliability underpins Shelby Electric Cooperative's mission, making it a valuable resource and partner in the communities it serves.
Impact
This information is meant to be a general summary of Shelby Electric Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Shelby Electric Cooperative's impact lies in providing reliable electric power and related services to its members at an affordable cost. Serving around 10,000 member-owners across multiple counties in Illinois with over 2,200 miles of energized line, the cooperative plays a crucial role in ensuring access to electricity for its community. This access to reliable power contributes to the overall well-being and development of the areas it serves, supporting individuals, businesses, and essential services. By fulfilling its mission of providing affordable electricity, Shelby Electric Cooperative contributes significantly to the quality of life and economic prosperity of the region.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUES
Revenue
$34,562,452
CAPITAL CREDITS
Revenue
$1,494,290
MISC ELECTRIC REVENUE
Revenue
$208,612
Organization Details
Founding Year
1938
Phone
(217) 774-3986
Principal Officer
Josh M Shallenberger
Main Address
PO BOX 560, SHELBYVILLE, IL, 62565
Website
www.shelbyelectric.coop
NTEE Category
Code: W80 - Public benefit
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