Overview
What is Steele-Waseca Cooperative Electric?
Steele-Waseca Cooperative Electric is a cooperative electric utility headquartered with a mission to deliver competitive and reliable quality electrical service to its membership. As a nonprofit organization, they focus primarily on the sale of electricity to their members and aim to maintain a strong commitment to their community. With a cooperative approach, they ensure that their members' needs are met efficiently and effectively.
Official website here: www.swce.coop
Is Steele-Waseca Cooperative Electric legitimate?
Steele-Waseca Cooperative Electric is a legitimate nonprofit organization registered as a 501(c)(12) entity. Steele-Waseca Cooperative Electric 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: $1,015,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.swce.coop
What is the mission statement of Steele-Waseca Cooperative Electric?
Steele-Waseca Cooperative Electric is dedicated to delivering competitive and dependable electric services to its membership. As a cooperative utility, the organization prioritizes quality in all aspects of its operations. Its primary focus is on the sale of electricity, ensuring that its customers receive reliable and effective energy solutions. Steele-Waseca Cooperative Electric is committed to maintaining a strong connection with its community, providing essential electricity services to support their daily lives and power their businesses. By prioritizing affordability and reliability, this cooperative utility strives to enhance the overall living standards and economic growth of its members.
Official website here: www.swce.coop
Who is the CEO of Steele-Waseca Cooperative Electric?
Sydney Briggs is the President of Steele-Waseca Cooperative Electric.
Official website here: www.swce.coop
What is the revenue of Steele-Waseca Cooperative Electric?
Steele-Waseca Cooperative Electric's revenue in 2022 was $39,111,435.
Official website here: www.swce.coop
Who are the executives of Steele-Waseca Cooperative Electric and what are their salaries?
The average compensation at Steele-Waseca Cooperative Electric during 2022 was $29,857. There are 34 employees at Steele-Waseca Cooperative Electric.
Here are 16 key members and their salaries:
- Compensation: $30,205
- Related: $0
- Other: $0
- Compensation: $29,140
- Related: $0
- Other: $0
- Compensation: $29,705
- Related: $0
- Other: $0
- Compensation: $28,380
- Related: $0
- Other: $0
- Compensation: $28,705
- Related: $0
- Other: $0
- Compensation: $25,920
- Related: $0
- Other: $0
- Compensation: $29,400
- Related: $0
- Other: $0
- Compensation: $30,985
- Related: $0
- Other: $0
- Compensation: $19,320
- Related: $0
- Other: $0
- Compensation: $223,432
- Related: $0
- Other: $127,085
- Compensation: $150,588
- Related: $0
- Other: $19,415
- Compensation: $145,554
- Related: $0
- Other: $97,317
- Compensation: $142,640
- Related: $0
- Other: $106,973
- Compensation: $133,669
- Related: $0
- Other: $64,950
- Compensation: $131,422
- Related: $0
- Other: $35,643
- Compensation: $131,847
- Related: $0
- Other: $29,549
Official website here: www.swce.coop
Where can I find the form 990 for Steele-Waseca Cooperative Electric?
Steele-Waseca Cooperative Electric's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swce.coop
Learn more at the official website: www.swce.coop
Mission Statement of Steele-Waseca Cooperative Electric
Steele-Waseca Cooperative Electric, a cooperative utility, is committed to delivering competitive and dependable electricity services to its membership base. This mission-driven organization puts quality at the forefront of its operations, ensuring that each member receives reliable power solutions. Through its primary program, Steele-Waseca Cooperative Electric sells electricity to its customers, solidifying its position as a trusted provider in the industry.
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
Steele-Waseca Cooperative Electric plays a significant role in providing competitive and reliable electric service to its members in Owatonna, Minnesota. By focusing on quality service delivery, it ensures that the community has access to essential electricity needs, which is crucial for both residential and business operations. The cooperative’s commitment to its membership fosters a sense of community and shared ownership, promoting local engagement and support. With a mission centered on maintaining high service standards, Steele-Waseca contributes to the overall quality of life in the region, assisting residents and businesses alike in achieving energy independence and sustainability. Their operations support not only individual needs but also bolster economic growth within the local area.
This information is meant to be a general summary of Steele-Waseca Cooperative Electric. 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: $127,869
- Program Service Revenue: $38,282,535
- Gross Receipts: $39,113,706
Assets and Liabilities:
- Total Assets: $99,899,632
- Total Liabilities: $53,166,954
- Net Assets: $46,732,678
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
$38,089,657
OTHER ELECTRIC REVENUE
Revenue
$192,878
Organization Details
Founding Year
1936
Phone
(507) 451-7340Principal Officer
Sydney Briggs
Main Address
2411 WEST BRIDGE STREET PO BOX 485, OWATONNA, MN, 55060
Website
www.swce.coopNTEE Category
Code: W90 - Public benefit
If you are a representative of Steele-Waseca Cooperative Electric 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.