Union County Electric Cooperative Inc

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

EIN: 460200495 ✦ Elk point, SD ✦ Designated as a 501(c)(12)

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Overview

What is Union County Electric Cooperative Inc?

Union County Electric Cooperative Inc, located in Elk Point, South Dakota, is a nonprofit organization that provides electric service to approximately 1,204 members. With a mission to deliver safe, reliable, and environmentally friendly electricity, the cooperative also promotes energy efficiency through educational initiatives. In addition to its primary function, the cooperative has expanded its operations by increasing its mileage of lines by 1.39 miles. The cooperative operates with a dedicated workforce of 12 employees.


Official website here: www.unioncounty.coop

What do the Facebook reviews say about Union County Electric Cooperative Inc?

100% of the four reviews on Facebook recommend Union County Electric Cooperative Inc. Here’s a brief overview of what users are saying:

The community has expressed strong appreciation for the swift response of the cooperative during a recent power outage. One reviewer highlighted how effectively the team worked to restore power after significant damage, noting that they were back up and running in under two hours. This quick action was notably praised as a reminder of the essential service they provide and the often-overlooked importance of having reliable electricity.

In summary, the cooperative has made a positive impression with its prompt service in times of need, demonstrating a commitment to customer satisfaction that resonates well with the community. Overall, people feel grateful for their efficiency and reliability during challenging situations.


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

Is Union County Electric Cooperative Inc legitimate?

Union County Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Union County 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: $213,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $685,291

For more financial information, click here


Official website here: www.unioncounty.coop

What is the mission statement of Union County Electric Cooperative Inc?

Union County Electric Cooperative Inc's mission is centered around providing high-value energy to its members. They aim to achieve this by focusing on delivering safe, reliable, and environmentally friendly electricity. Additionally, the cooperative promotes energy efficiency through education. The organization's mission is to exist for the benefit of its members, ensuring they receive quality electric service. Union County Electric Cooperative Inc has expanded its service area, providing electricity to approximately 1,204 members and increasing its line by 1.39 miles.


Official website here: www.unioncounty.coop

Who is the CEO of Union County Electric Cooperative Inc?

Donald Schurdevin is the President of Union County Electric Cooperative Inc.


Official website here: www.unioncounty.coop

What is the revenue of Union County Electric Cooperative Inc?

Union County Electric Cooperative Inc's revenue in 2022 was $4,946,083.


Official website here: www.unioncounty.coop

Who are the executives of Union County Electric Cooperative Inc and what are their salaries?

The average compensation at Union County Electric Cooperative Inc during 2022 was $74,866. There are 12 employees at Union County Electric Cooperative Inc.


Here are 7 key members and their salaries:


William Dailey (Assistant Secretary)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Edward Donnelly (Secretary)
  • Compensation: $3,400
  • Related: $0
  • Other: $0
Paul Peacock (Treasurer)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Donald Gray (Vice President)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Donald Schurdevin (President)
  • Compensation: $3,230
  • Related: $0
  • Other: $0
Matt Klein (General Manager)
  • Compensation: $138,332
  • Related: $0
  • Other: $58,521
Trever Turner (Operations Manager)
  • Compensation: $110,603
  • Related: $0
  • Other: $69,280


Official website here: www.unioncounty.coop

Where can I find the form 990 for Union County Electric Cooperative Inc?

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


Official website here: www.unioncounty.coop

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

Mission Statement of Union County Electric Cooperative Inc

Union County Electric Cooperative Inc, dedicated to its members, aims to deliver high-value energy. Its mission is centered around ensuring the provision of safe, reliable, and environmentally friendly electricity. The cooperative further promotes energy efficiency through education, focusing on its members' needs. By maintaining this focus, Union County Electric Cooperative Inc strives to offer a superior energy service, enhancing its members' lives in a sustainable and responsible manner.

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Impact




October, 2024

Union County Electric Cooperative Inc significantly impacts its community by providing high-value energy to its members through efficient electric distribution utility services. Serving approximately 1,204 members, the cooperative has also expanded its infrastructure by increasing the miles of line by 1.39 miles, enhancing access to electricity for residents and businesses in the area.

With a mission centered on delivering safe, reliable, and environmentally friendly electricity, Union County Electric Cooperative prioritizes energy efficiency and promotes educational initiatives to empower its members. This commitment fosters a sustainable energy future and strengthens the local economy, allowing members to benefit from improved services and reduced energy costs while supporting community growth in Elk Point, South Dakota.




This information is meant to be a general summary of Union County 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.

Revenue
$4,946,083 (2022)
Expenses
$4,946,083 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $232,813
  • Program Service Revenue: $4,709,612
  • Gross Receipts: $5,521,003

Assets and Liabilities:

  • Total Assets: $18,637,020
  • Total Liabilities: $12,868,597
  • Net Assets: $5,768,423

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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

$4,404,034

CAPITAL CREDITS

Revenue

$305,578

Organization Details

Founding Year

1937

Principal Officer

Donald Schurdevin

Main Address

32708 477TH AVE, ELK POINT, SD, 57025

NTEE Category

Code: W80 - Public benefit

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