Southern Illinois Electric Cooperative

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

EIN: 370525125 ✦ Dongola, IL ✦ Designated as a 501(c)(12)

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Overview

What is Southern Illinois Electric Cooperative?

Southern Illinois Electric Cooperative is a nonprofit organization based in Dongola, Illinois. With a team of 42 employees, their primary mission is to distribute electric energy to cooperative members. They are committed to providing services responsibly and safely to empower their members and communities.


Official website here: www.siec.org

Is Southern Illinois Electric Cooperative legitimate?

Southern Illinois Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southern Illinois 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: $436,805
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,056,948

For more financial information, click here


Official website here: www.siec.org

What is the mission statement of Southern Illinois Electric Cooperative?

The Southern Illinois Electric Cooperative is committed to delivering electric energy to its cooperative members in a responsible and safe manner. This mission goes beyond just providing electricity; it's about empowering both the members and their communities. By adhering to these principles, the cooperative aims to make a positive impact on the lives of those it serves. The dedication to safety ensures reliable service, while the focus on responsibility underscores the cooperative's commitment to ethical business practices. By responsibly and safely providing these essential services, the Southern Illinois Electric Cooperative strives to enhance the well-being and quality of life for its members.


Official website here: www.siec.org

Who is the CEO of Southern Illinois Electric Cooperative?

David A Johnston is the President of Southern Illinois Electric Cooperative.


Official website here: www.siec.org

What is the revenue of Southern Illinois Electric Cooperative?

Southern Illinois Electric Cooperative's revenue in 2022 was $28,767,428.


Official website here: www.siec.org

Who are the executives of Southern Illinois Electric Cooperative and what are their salaries?

The average compensation at Southern Illinois Electric Cooperative during 2022 was $106,994. There are 42 employees at Southern Illinois Electric Cooperative.


Here are 16 key members and their salaries:


William Littrell (President)
  • Compensation: $5,170
  • Related: $0
  • Other: $0
Randall Rushing (Director)
  • Compensation: $7,638
  • Related: $0
  • Other: $0
David Martin (Director)
  • Compensation: $6,110
  • Related: $0
  • Other: $0
Scott Miller (Director)
  • Compensation: $6,815
  • Related: $0
  • Other: $0
Lamar Houston (Director)
  • Compensation: $7,638
  • Related: $0
  • Other: $0
Scott Ury (Vice President)
  • Compensation: $5,993
  • Related: $0
  • Other: $0
Steve Heisner (Director)
  • Compensation: $4,935
  • Related: $0
  • Other: $0
Toni Snell (Director)
  • Compensation: $4,230
  • Related: $0
  • Other: $0
Gerald Thurston (Secretary/Treasurer)
  • Compensation: $7,050
  • Related: $0
  • Other: $0
Julie Wilke (Director Of Finance And Ad)
  • Compensation: $129,488
  • Related: $0
  • Other: $33,793
David Johnston (Executive Vice President)
  • Compensation: $180,249
  • Related: $0
  • Other: $37,696
Nathan D Menees (Utility Serviceman)
  • Compensation: $138,165
  • Related: $0
  • Other: $28,638
Michael L Logeman (Director Of Engineering)
  • Compensation: $133,312
  • Related: $0
  • Other: $21,731
Stanley Treat (Utility Serviceman)
  • Compensation: $134,662
  • Related: $0
  • Other: $28,333
W A Stover (Crew Foreman)
  • Compensation: $121,650
  • Related: $0
  • Other: $27,492
Todd Thurston (Director Of Operations & Maintenance)
  • Compensation: $122,660
  • Related: $0
  • Other: $20,884


Official website here: www.siec.org

Where can I find the form 990 for Southern Illinois Electric Cooperative?

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


Official website here: www.siec.org

Learn more at the official website: www.siec.org

Mission Statement of Southern Illinois Electric Cooperative

Southern Illinois Electric Cooperative, or SIEC, is a dedicated organization that strives to responsibly and safely provide essential electric energy services to its cooperative members. The mission of SIEC goes beyond just distributing electricity; it aims to empower each community and the individuals living in them.

In pursuing this mission, SIEC takes great pride in its commitment to responsible and safe practices. This dedication is reflected in every aspect of its operations, ensuring the well-being and satisfaction of its members. Through this approach, SIEC not only provides the vital energy needs of its communities but also adds value and enhances the overall quality of life for its members.

SIEC's unwavering focus on empowerment is evident in its day-to-day operations. By responsibly and safely delivering electric energy, the cooperative enables its members to conduct their daily activities, build businesses, and create opportunities for growth and development. This, in turn, leads to thriving communities and a stronger, more self-sufficient member base.

Moreover, SIEC's commitment to its mission extends beyond the physical delivery of electricity. The organization continually invests in new technologies and infrastructure improvements to ensure a reliable and efficient energy supply for its members. It also fosters a strong sense of community engagement, working collaboratively with local organizations and initiatives to address the unique needs and concerns of the areas it serves.

In summary, Southern Illinois Electric Cooperative is more than just an electric energy provider. It is an active, supportive partner in the empowerment and growth of its member communities. By focusing on responsible and safe practices, SIEC delivers essential services that enable its members to thrive and build better lives.

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Impact




October, 2024

Southern Illinois Electric Cooperative significantly impacts the local community by responsibly and safely distributing electric energy to its members. By providing reliable services, it empowers residents and businesses, fostering economic growth and enhancing the quality of life in the region. Located in Dongola, Illinois, the cooperative focuses on meeting the energy needs of its members while prioritizing safety and community engagement. This commitment not only supports individual households but also strengthens the broader community, making a positive and lasting difference in the lives of those it serves.




This information is meant to be a general summary of Southern Illinois 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.

Revenue
$28,767,428 (2022)
Expenses
$28,778,171 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,280
  • Program Service Revenue: $27,861,898
  • Gross Receipts: $28,767,428

Assets and Liabilities:

  • Total Assets: $88,838,528
  • Total Liabilities: $41,168,232
  • Net Assets: $47,670,296

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Programs

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

ELECTRIC SALES

Revenue

$27,690,560

FORFEITED DISCOUNTS

Revenue

$128,717

OTHER ELECTRIC REVENUE

Revenue

$42,621

Organization Details

Founding Year

1936

Principal Officer

David A Johnston

Main Address

PO BOX 100, DONGOLA, IL, 62926

NTEE Category

Code: W80 - Public benefit

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