Overview
What is Southwestern Electric Cooperative Inc?
Southwestern Electric Cooperative Inc is a nonprofit electric utility company based in Greenville, Illinois. Established in accordance with the laws of the state and its articles of incorporation and bylaws, its mission is to provide energy and other essential services to its 24,043 members in Bond, Madison, and Fayette Counties, with a commitment to doing so at the most affordable price consistent with sound industry practices. The cooperative, employing 85 individuals, is dedicated to distributing electric power to its members.
Official website here: www.sweci.com
Is Southwestern Electric Cooperative Inc legitimate?
Southwestern Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwestern Electric Cooperative Inc 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: $1,135,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sweci.com
What is the mission statement of Southwestern Electric Cooperative Inc?
Southwestern Electric Cooperative Inc is a cooperative dedicated to providing electric distribution services to its members. The organization's primary goal, as outlined in its articles of incorporation and bylaws, is to offer energy and additional services to its members at the most affordable price, consistent with sound utility practices. The cooperative serves approximately 24,000 members in different counties, supplying them with essential electric services. Southwestern Electric Cooperative Inc aims to ensure reliable energy delivery to its members, fostering community development and enhancing their quality of life. The cooperative's mission remains steadfast in its commitment to maintaining a robust electric infrastructure, prioritizing the needs of its members, and continually seeking innovative solutions for energy efficiency and sustainability.
Official website here: www.sweci.com
Who is the CEO of Southwestern Electric Cooperative Inc?
Bobby Williams Jr is the Ceo of Southwestern Electric Cooperative Inc. The CEO's salary of Southwestern Electric Cooperative Inc is $262,076 and their total compensation is $406,024.
Official website here: www.sweci.com
What is the revenue of Southwestern Electric Cooperative Inc?
Southwestern Electric Cooperative Inc's revenue in 2022 was $64,321,754.
Official website here: www.sweci.com
Who are the executives of Southwestern Electric Cooperative Inc and what are their salaries?
The average compensation at Southwestern Electric Cooperative Inc during 2022 was $13,364. There are 85 employees at Southwestern Electric Cooperative Inc.
Here are 19 key members and their salaries (Southwestern Electric Cooperative Inc's CEO's salary is $262,076 and their total compensation is $406,024):
- Compensation: $25,712
- Related: $0
- Other: $0
- Compensation: $25,612
- Related: $0
- Other: $0
- Compensation: $25,412
- Related: $0
- Other: $0
- Compensation: $25,112
- Related: $0
- Other: $0
- Compensation: $24,812
- Related: $0
- Other: $0
- Compensation: $24,812
- Related: $0
- Other: $0
- Compensation: $25,612
- Related: $0
- Other: $0
- Compensation: $25,612
- Related: $0
- Other: $0
- Compensation: $5,112
- Related: $0
- Other: $20,500
- Compensation: $262,076
- Related: $0
- Other: $143,948
- Compensation: $196,253
- Related: $0
- Other: $21,314
- Compensation: $159,398
- Related: $0
- Other: $62,463
- Compensation: $165,636
- Related: $0
- Other: $34,209
- Compensation: $163,669
- Related: $0
- Other: $107,366
- Compensation: $163,351
- Related: $0
- Other: $38,725
- Compensation: $162,953
- Related: $0
- Other: $46,377
- Compensation: $162,579
- Related: $0
- Other: $96,894
- Compensation: $26,280
- Related: $0
- Other: $0
- Compensation: $35,883
- Related: $0
- Other: $0
Official website here: www.sweci.com
Where can I find the form 990 for Southwestern Electric Cooperative Inc?
Southwestern Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sweci.com
Learn more at the official website: www.sweci.com
Mission Statement of Southwestern Electric Cooperative Inc
Southwestern Electric Cooperative Inc, a cooperative electric utility, is committed to providing energy and additional services to its members in a cost-effective and prudent manner. In accordance with Illinois state laws and the cooperative's articles of incorporation and bylaws, this mission is carried out with the primary goal of delivering electricity to over 24,000 members in a responsible and efficient way.
The cooperative's purpose extends beyond just energy distribution. It is dedicated to fulfilling its corporate goal by offering its members essential services at the most affordable price possible. By doing so, Southwestern Electric Cooperative Inc ensures reliable and sustainable energy solutions for its community.
Southwestern Electric Cooperative Inc's dedication to its members goes beyond the provision of electricity. The cooperative's mission is to make a positive impact on the lives of its members, ensuring they receive the energy they need to power their homes and communities at a reasonable cost. This commitment to affordability and sustainability sets Southwestern Electric Cooperative Inc apart, as it strives to meet the energy needs of its members while maintaining the highest standards of utility practices.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Southwestern Electric Cooperative Inc delivers crucial electric distribution services to 24,043 members across Bond, Madison, and Fayette Counties in Illinois. By prioritizing affordability and responsible utility practices, the cooperative ensures that its members receive reliable energy while keeping costs minimized. This commitment not only enhances the quality of life for residents but also supports local economic development by providing essential infrastructure for homes and businesses. Through its operations, Southwestern Electric Cooperative plays a significant role in fostering community welfare and advancing public benefit within its service area.
This information is meant to be a general summary of Southwestern Electric Cooperative Inc. 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: $61,414
- Program Service Revenue: $63,364,855
- Gross Receipts: $64,321,754
Assets and Liabilities:
- Total Assets: $186,571,705
- Total Liabilities: $120,462,733
- Net Assets: $66,108,972
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$63,364,855
Organization Details
Founding Year
1939
Phone
(800) 637-8667Principal Officer
Bobby Williams Jr
Main Address
525 US ROUTE 40, GREENVILLE, IL, 62246
Website
www.sweci.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Southwestern Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.