Scenic Rivers Energy Cooperative

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

EIN: 390314085 ✦ Lancaster, WI ✦ Designated as a 501(c)(12)

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Overview

What is Scenic Rivers Energy Cooperative?

Scenic Rivers Energy Cooperative, based in Lancaster, Wisconsin, is a public utility dedicated to supplying rural electricity to its members. As a cooperative, they distribute power to their community and pride themselves on this vital mission. The cooperative's primary activity is the sale of electricity to its members, ensuring they have a consistent energy supply.


Official website here: www.sre.coop

Is Scenic Rivers Energy Cooperative legitimate?

Scenic Rivers Energy Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Scenic Rivers Energy 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: $441,930
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sre.coop

What is the mission statement of Scenic Rivers Energy Cooperative?

Scenic Rivers Energy Cooperative is dedicated to delivering electricity to rural communities. As a public utility, it focuses on providing power to its members, ensuring they have reliable access to essential energy resources. The cooperative's mission lies in bringing the convenience and necessity of electricity to the rural areas, enhancing the quality of life for its members. Through its operations, it aims to maintain a consistent power supply, addressing the unique challenges of rural electricity distribution. Its commitment extends beyond the provision of electricity, as it also strives to contribute positively to the communities it serves.


Official website here: www.sre.coop

Who is the CEO of Scenic Rivers Energy Cooperative?

Stephen Lucas is the Ceo of Scenic Rivers Energy Cooperative. The CEO's salary of Scenic Rivers Energy Cooperative is $250,225 and their total compensation is $446,906.


Official website here: www.sre.coop

What is the revenue of Scenic Rivers Energy Cooperative?

Scenic Rivers Energy Cooperative's revenue in 2022 was $34,922,921.


Official website here: www.sre.coop

Who are the executives of Scenic Rivers Energy Cooperative and what are their salaries?

The average compensation at Scenic Rivers Energy Cooperative during 2022 was $11,332. There are 39 employees at Scenic Rivers Energy Cooperative.


Here are 15 key members and their salaries (Scenic Rivers Energy Cooperative's CEO's salary is $250,225 and their total compensation is $446,906):


Stephen Lucas (Ceo)
  • Compensation: $250,225
  • Related: $0
  • Other: $196,681
Patrick Pennekamp (Lineman)
  • Compensation: $122,429
  • Related: $0
  • Other: $42,098
Lucas Ritchie (Lineman)
  • Compensation: $116,979
  • Related: $0
  • Other: $44,613
Derrick Heisz (Lead Lineman)
  • Compensation: $118,538
  • Related: $0
  • Other: $30,505
Matthew Rasmussen (Lineman)
  • Compensation: $118,146
  • Related: $0
  • Other: $27,349
Andrew Lindenberg (Lineman)
  • Compensation: $122,983
  • Related: $0
  • Other: $14,068
Charles Simmons (Chairman)
  • Compensation: $9,800
  • Related: $0
  • Other: $0
Sandra Davidson (Vice Chairma)
  • Compensation: $9,000
  • Related: $0
  • Other: $0
Donald Schaefer (Asst. Secret)
  • Compensation: $8,750
  • Related: $0
  • Other: $0
Stephen Carpenter (Secretary/Tr)
  • Compensation: $7,150
  • Related: $0
  • Other: $0
Lily Long (Director)
  • Compensation: $7,150
  • Related: $0
  • Other: $0
Marcus Saegrove (Director)
  • Compensation: $7,000
  • Related: $0
  • Other: $0
John Larson (Director)
  • Compensation: $6,650
  • Related: $0
  • Other: $0
Ellen Conley (Director)
  • Compensation: $6,400
  • Related: $0
  • Other: $0
Delbert Reuter (Director)
  • Compensation: $6,250
  • Related: $0
  • Other: $0


Official website here: www.sre.coop

Where can I find the form 990 for Scenic Rivers Energy Cooperative?

Scenic Rivers Energy Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sre.coop

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

Mission Statement of Scenic Rivers Energy Cooperative

Scenic Rivers Energy Cooperative, a public utility headquartered in Wisconsin, is dedicated to delivering rural electricity to its valued members. In simple terms, this cooperative plays a crucial role in bringing power to the rural communities it serves.

Established in Lancaster, Wisconsin, Scenic Rivers Energy Cooperative is on a mission to distribute electricity to its members in a reliable and responsible manner. The cooperative's primary objective is to ensure that the rural areas it serves have consistent access to electricity, which is essential for modern living. As a not-for-profit organization, it prioritizes its members' needs above all else, working tirelessly to maintain the power infrastructure and provide quality service.

Scenic Rivers Energy Cooperative's commitment to its members goes beyond just providing electricity. It strives to foster strong relationships with its community, ensuring that its members receive the power they need to support their homes and businesses. The cooperative's team of dedicated professionals works diligently to ensure that any power outages are resolved promptly, minimizing disruptions to daily life.

In summary, Scenic Rivers Energy Cooperative is a vital organization that plays a pivotal role in providing rural electricity to its members. Its unwavering commitment to delivering reliable power and fostering strong community relationships sets it apart as a dedicated and effective utility provider.

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Impact




October, 2024

Scenic Rivers Energy Cooperative plays a vital role in enhancing the quality of life for its members by providing reliable and affordable electricity in rural areas. Located in Lancaster, WI, the cooperative focuses on distributing power efficiently to ensure that rural residents have access to the energy they need for their homes and businesses.

By fostering energy independence and supporting local needs, Scenic Rivers Energy Cooperative contributes to the economic vitality of the region. Its commitment to serving rural communities highlights the importance of accessible energy in promoting growth and development. Through its operations, the cooperative not only delivers essential services but also strengthens community ties and encourages sustainable practices among its members.




This information is meant to be a general summary of Scenic Rivers Energy 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
$34,922,921 (2022)
Expenses
$32,739,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,342,789
  • Program Service Revenue: $32,861,212
  • Gross Receipts: $35,018,937

Assets and Liabilities:

  • Total Assets: $110,700,208
  • Total Liabilities: $61,219,128
  • Net Assets: $49,481,080

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Programs

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

ELECTRIC REVENUES

Revenue

$31,989,871

CAPITAL CREDITS AND POLE RENT

Revenue

$871,341

Organization Details

Founding Year

1937

Principal Officer

Stephen Lucas

Main Address

206 COUNTY ROAD K, LANCASTER, WI, 53813

NTEE Category

Code: W80 - Public benefit

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