Southwest Electric Cooperative

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

EIN: 440441450 ✦ Bolivar, MO ✦ Designated as a 501(c)(12)

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Overview

What is Southwest Electric Cooperative?

Southwest Electric Cooperative is a nonprofit organization established in October 1939, providing electric service to over 40,000 meters across eleven counties. With a total of 5,509 miles of power lines, SWEC's mission is to bring electricity to rural communities. The cooperative boasts three district offices, located in Bolivar, Missouri, serving as crucial touchpoints for its members. Committed to delivering quality service, SWEC is dedicated to enhancing the lives of its members by ensuring reliable electricity access.


Official website here: www.swec.org

What do the Facebook reviews say about Southwest Electric Cooperative?

80% of 36 reviewers on Facebook recommend Southwest Electric Cooperative. Here is a summary of their reviews:

Consumers repeatedly express appreciation for the staff's friendliness and willingness to assist. One particularly notable experience highlighted an employee, Dusty, who went above and beyond to help a customer save money, which clearly left a positive impression on them. This illustrates a strong commitment to customer service within the cooperative.

Overall, the sentiment towards the nonprofit is optimistic, with customers acknowledging the cooperative’s efforts to support its members. Many seem satisfied with the services provided and feel valued as clients.


This AI summary has been generated from reviews found on Facebook.

Is Southwest Electric Cooperative legitimate?

Southwest Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwest 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: $586,638
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,253,212

For more financial information, click here


Official website here: www.swec.org

What is the mission statement of Southwest Electric Cooperative?

Southwest Electric Cooperative was established in October 1939 and has been delivering electrical service to rural communities ever since. The cooperative's mission is to provide top-notch electric service to its members. With a network of 5,509 miles of lines, Southwest Electric serves over 43,797 meters spread across eleven counties. The organization operates three district offices, ensuring efficient and effective service delivery. Southwest Electric is committed to enhancing the quality of life for its members by delivering reliable and consistent electric service. The cooperative's dedication to excellence is reflected in its unwavering goal to meet the unique energy needs of each household and business it serves.


Official website here: www.swec.org

Who is the CEO of Southwest Electric Cooperative?

James Ashworth is the Assistant Secretary/Treasu of Southwest Electric Cooperative. The CEO's salary of Southwest Electric Cooperative is $279,011 and their total compensation is $377,585.


Official website here: www.swec.org

What is the revenue of Southwest Electric Cooperative?

Southwest Electric Cooperative's revenue in 2022 was $70,745,586.


Official website here: www.swec.org

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

The average compensation at Southwest Electric Cooperative during 2022 was $60,205. There are 97 employees at Southwest Electric Cooperative.


Here are 15 key members and their salaries (Southwest Electric Cooperative's CEO's salary is $279,011 and their total compensation is $377,585):


Jack Bybee (Assistant Secretary/Treasu)
  • Compensation: $2,425
  • Related: $15,616
  • Other: $23,430
Lowell Hill (Director)
  • Compensation: $3,325
  • Related: $15,200
  • Other: $23,430
Chris Jewell (Director)
  • Compensation: $2,775
  • Related: $0
  • Other: $27,235
Mike Frieze (Director)
  • Compensation: $2,300
  • Related: $0
  • Other: $21,532
Ed Dority (Director And President)
  • Compensation: $4,575
  • Related: $0
  • Other: $12,618
Nancy Erickson (Director And Vice Presiden)
  • Compensation: $2,600
  • Related: $0
  • Other: $27,235
Daniel Mauss (Secretary/Treasu)
  • Compensation: $5,225
  • Related: $0
  • Other: $6
Carl Button (Director)
  • Compensation: $4,375
  • Related: $0
  • Other: $21,532
Barry Edwards (Director)
  • Compensation: $2,900
  • Related: $0
  • Other: $21,532
James Ashworth (Ceo/General Manager)
  • Compensation: $279,011
  • Related: $0
  • Other: $98,574
Jason Carver (Chief Engineer)
  • Compensation: $160,684
  • Related: $0
  • Other: $67,368
Gary Stiles (Operations Manager)
  • Compensation: $145,441
  • Related: $0
  • Other: $56,770
Leslie Cantrell (Manager, Finance And Acc)
  • Compensation: $139,530
  • Related: $0
  • Other: $62,473
Adrian Choate (Line Superintendent)
  • Compensation: $127,897
  • Related: $0
  • Other: $53,084
Keith Bybee (Line Superintendent)
  • Compensation: $148,371
  • Related: $0
  • Other: $46,800


Official website here: www.swec.org

Where can I find the form 990 for Southwest Electric Cooperative?

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


Official website here: www.swec.org

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

Mission Statement of Southwest Electric Cooperative

Southwest Electric Cooperative, established in October 1939, is a dedicated electric service provider for rural communities in various counties. With a network of 5,509 miles of power lines, this cooperative caters to over 43,797 electric meters. Southwest Electric is committed to delivering top-notch service to its members, who have relied on the cooperative's power supply since its inception.

The mission of Southwest Electric Cooperative goes beyond just providing electricity. This organization is deeply rooted in the belief that every rural community deserves reliable access to power, ensuring the comfort and convenience of its members' daily lives. Southwest Electric's team of dedicated professionals works tirelessly to maintain and expand its infrastructure, ensuring that the electrical needs of its members are met efficiently and effectively. With three district offices strategically located in Missouri, the cooperative strives to stay connected and responsive to the communities it serves.

Southwest Electric Cooperative's unwavering dedication to its members is evident in its commitment to excellence. The cooperative's team is always looking for ways to enhance the electric service and improve the experience for its members. Through its focus on providing the best possible service, Southwest Electric Cooperative has become a trusted partner and an integral part of the rural communities it serves.

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Impact




October, 2024

Southwest Electric Cooperative (SWEC) plays a vital role in the communities it serves by providing reliable electric service to over 40,000 meters across eleven counties. With a vast network of 5,509 miles of power lines, SWEC has been a cornerstone of rural electrification since its establishment in October 1939.

The cooperative is committed to reaching its members effectively, operating from three strategically located district offices in Bolivar, Preston, and Camden County, Missouri. Through its efforts, SWEC enhances the quality of life in rural areas, ensuring that residents have access to essential electricity services. By delivering dependable power, SWEC supports local economies, fosters community development, and contributes to the overall well-being of its members, reinforcing its mission to provide the best service possible.




This information is meant to be a general summary of Southwest 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
$70,745,586 (2022)
Expenses
$67,667,704 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $452,873
  • Program Service Revenue: $66,088,030
  • Gross Receipts: $71,103,983

Assets and Liabilities:

  • Total Assets: $196,615,354
  • Total Liabilities: $64,585,548
  • Net Assets: $132,029,806

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Programs

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

ELECTRICITY SALES

Revenue

$66,088,030

Organization Details

Founding Year

1939

Principal Officer

James Ashworth

Main Address

PO BOX 150, BOLIVAR, MO, 65613

NTEE Category

Code: W50 - Public benefit

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