Overview
What is Southern Iowa Electric Cooperative Inc?
Southern Iowa Electric Cooperative Inc is a dedicated nonprofit organization based on the principle of serving its members and the community. Their primary focus is on delivering safe, reliable, and environmentally responsible electricity to rural areas, ensuring the improvement of the community's quality of life. As an electric distribution cooperative, they aim to provide this essential service efficiently and at a competitive price. Their mission is driven by the commitment to benefit their members and improve the local community.
Official website here: www.sie.coop
Is Southern Iowa Electric Cooperative Inc legitimate?
Southern Iowa Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southern Iowa 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: $449,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sie.coop
What is the mission statement of Southern Iowa Electric Cooperative Inc?
Southern Iowa Electric Cooperative Inc is dedicated to serving its community by ensuring the delivery of safe and reliable electric power. The cooperative is committed to operating in an environmentally responsible manner and providing these essential services efficiently at competitive prices. Their mission is to enhance the quality of life for the areas they serve by delivering electric power that is both safe and dependable. The cooperative's primary focus is on providing electricity to rural communities, ensuring that residents have access to this essential resource. By doing so, they aim to contribute to the overall well-being and progress of the communities they serve.
Official website here: www.sie.coop
Who is the CEO of Southern Iowa Electric Cooperative Inc?
Greg Proctor is the President of Southern Iowa Electric Cooperative Inc. The CEO's salary of Southern Iowa Electric Cooperative Inc is $135,060 and their total compensation is $203,172.
Official website here: www.sie.coop
What is the revenue of Southern Iowa Electric Cooperative Inc?
Southern Iowa Electric Cooperative Inc's revenue in 2022 was $14,205,433.
Official website here: www.sie.coop
Who are the executives of Southern Iowa Electric Cooperative Inc and what are their salaries?
The average compensation at Southern Iowa Electric Cooperative Inc during 2022 was $13,212. There are 34 employees at Southern Iowa Electric Cooperative Inc.
Here are 14 key members and their salaries (Southern Iowa Electric Cooperative Inc's CEO's salary is $135,060 and their total compensation is $203,172):
- Compensation: $3,060
- Related: $0
- Other: $0
- Compensation: $3,910
- Related: $0
- Other: $0
- Compensation: $1,530
- Related: $0
- Other: $0
- Compensation: $2,040
- Related: $0
- Other: $0
- Compensation: $1,190
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $510
- Related: $0
- Other: $0
- Compensation: $510
- Related: $0
- Other: $0
- Compensation: $1,530
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,870
- Related: $0
- Other: $0
- Compensation: $135,060
- Related: $0
- Other: $68,112
- Compensation: $37,908
- Related: $0
- Other: $28,299
- Compensation: $101,053
- Related: $0
- Other: $59,217
Official website here: www.sie.coop
Where can I find the form 990 for Southern Iowa Electric Cooperative Inc?
Southern Iowa Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sie.coop
Learn more at the official website: www.sie.coop
Mission Statement of Southern Iowa Electric Cooperative Inc
Southern Iowa Electric Cooperative Inc, a dedicated organization, is committed to serving its members and community by delivering safe, reliable, and environmentally responsible power. The Cooperative's primary mission is to improve the quality of life in the areas it serves by providing electricity efficiently and at a competitive price.
Established with the goal to provide electricity to rural communities, Southern Iowa Electric Cooperative Inc strives to ensure that its members have consistent access to electricity that they can depend on. The Cooperative's unwavering commitment to safety and reliability is reflected in its operations, with a focus on maintaining a robust electrical infrastructure that can withstand various challenges. Furthermore, the Cooperative's commitment to the environment is evident in its efforts to minimize its carbon footprint and adopt sustainable practices.
In pursuit of its mission, Southern Iowa Electric Cooperative Inc goes beyond just electricity distribution. It aims to create long-term value for its members by offering additional services that enhance their overall experience. The Cooperative's approach is characterized by a member-focused philosophy, where the needs and concerns of its members are prioritized. By providing reliable and efficient power, Southern Iowa Electric Cooperative Inc not only meets the basic energy requirements of its members but also contributes to their well-being and economic progress.
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Impact
October, 2024
Southern Iowa Electric Cooperative Inc plays a crucial role in enhancing the quality of life in rural communities by delivering safe, reliable, and environmentally responsible electricity. Their focus on providing efficient and competitively priced power ensures that members receive essential services without compromising on quality or sustainability. By prioritizing the needs of their members and the broader community, they contribute to improved living standards and promote economic development in the areas they serve. Additionally, the cooperative’s commitment to serving rural regions highlights its dedication to bridging the energy access gap, fostering a sense of community, and supporting local growth.
This information is meant to be a general summary of Southern Iowa 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: $49,870
- Program Service Revenue: $13,904,409
- Gross Receipts: $14,225,767
Assets and Liabilities:
- Total Assets: $52,067,629
- Total Liabilities: $27,379,511
- Net Assets: $24,688,118
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF POWER
Revenue
$13,774,800
OTHER ELECTRIC REVENUE
Revenue
$129,609
Organization Details
Founding Year
1939
Phone
(641) 664-2277Principal Officer
Greg Proctor
Main Address
PO BOX 70, BLOOMFIELD, IA, 52537
Website
www.sie.coopNTEE Category
Code: W80 - Public benefit
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