Overview
What is Santee Electric Cooperative Inc?
Santee Electric Cooperative Inc is a nonprofit organization dedicated to delivering quality energy services to its members at competitive prices, ensuring sustainable business practices. Beyond meeting the energy needs of its community, the cooperative actively enriches the lives of its service area residents by supporting economic, civic, and educational initiatives. Led by Billy L Morris JR, the cooperative is committed to fostering a thriving community.
Official website here: www.santee.org
Is Santee Electric Cooperative Inc legitimate?
Santee Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Santee 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: $1,200,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,243,965
For more financial information, click here
Official website here: www.santee.org
What is the mission statement of Santee Electric Cooperative Inc?
Santee Electric Cooperative aims to deliver quality energy services and products to its members at competitive prices, adhering to sound business practices. The cooperative goes beyond providing energy, as it also seeks to enhance the quality of life in its community. It supports economic, civic, and educational opportunities to create a positive impact in the area. Santee Electric Cooperative takes an active role in contributing to the development of the community it serves.
Official website here: www.santee.org
What is the revenue of Santee Electric Cooperative Inc?
Santee Electric Cooperative Inc's revenue in 2024 was $135,947,346.
Official website here: www.santee.org
Who are the executives of Santee Electric Cooperative Inc and what are their salaries?
The average compensation at Santee Electric Cooperative Inc during 2024 was $90,829. There are 126 employees at Santee Electric Cooperative Inc.
Here are 16 key members and their salaries:
- Compensation: $44,832
- Related: $0
- Other: $0
- Compensation: $23,408
- Related: $0
- Other: $0
- Compensation: $1,866
- Related: $0
- Other: $20,000
- Compensation: $40,903
- Related: $0
- Other: $0
- Compensation: $39,228
- Related: $0
- Other: $0
- Compensation: $22,946
- Related: $0
- Other: $0
- Compensation: $24,560
- Related: $0
- Other: $0
- Compensation: $13,866
- Related: $0
- Other: $0
- Compensation: $10,914
- Related: $0
- Other: $0
- Compensation: $409,481
- Related: $0
- Other: $194,053
- Compensation: $225,645
- Related: $0
- Other: $128,836
- Compensation: $209,301
- Related: $0
- Other: $126,615
- Compensation: $181,865
- Related: $0
- Other: $108,833
- Compensation: $160,931
- Related: $0
- Other: $35,486
- Compensation: $164,519
- Related: $0
- Other: $81,548
- Compensation: $146,628
- Related: $0
- Other: $97,097
Official website here: www.santee.org
Where can I find the form 990 for Santee Electric Cooperative Inc?
Santee Electric Cooperative Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.santee.org
Learn more at the official website: www.santee.org
Mission Statement of Santee Electric Cooperative Inc
Santee Electric Cooperative, a dedicated organization, works tirelessly to deliver top-notch energy services and products to its members at affordable prices, grounded in sound business practices. The cooperative's primary goal is to cater to the energy requirements of its members while simultaneously enhancing the overall quality of life in the community.
To fulfill this mission, Santee Electric Cooperative supports various economic, civic, and educational initiatives. By doing so, it strives to create a thriving and vibrant community where its members can flourish. Led by Billy L Morris JR, the cooperative is committed to maintaining a competitive edge in the energy sector while prioritizing the welfare of its members and the community at large.
Santee Electric Cooperative is more than just an energy provider; it is a community partner. It understands that providing reliable energy services is essential, but it goes beyond that to make a positive impact on the lives of its members. Through its unwavering dedication and support for various causes, the cooperative is truly making a difference in the lives of those it serves.
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Impact
October, 2024
Santee Electric Cooperative Inc significantly impacts its community by delivering quality energy services that address the needs of its members while maintaining competitive pricing. By prioritizing sound business practices, the cooperative ensures reliability and affordability in energy provision, which is crucial for both households and local businesses.
Moreover, Santee Electric Cooperative actively contributes to the enhancement of the overall quality of life within its service area. This is achieved through its dedicated support for economic, civic, and educational initiatives. By fostering local development, civic engagement, and educational opportunities, the cooperative plays a pivotal role in promoting community growth and resilience. Its leadership under Billy L. Morris Jr. reflects a commitment not just to service delivery, but to the broader well-being of the residents in Kingstree, SC, and surrounding areas. This dual focus on energy provision and community development solidifies Santee Electric Cooperative's status as a vital resource in its region.
This information is meant to be a general summary of Santee 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 2024.
- Investment Income: $395,416
- Program Service Revenue: $134,485,639
- Gross Receipts: $135,947,346
Assets and Liabilities:
- Total Assets: $268,330,133
- Total Liabilities: $172,905,216
- Net Assets: $95,424,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTRIC REVENUE
Revenue
$132,428,595
G & T CAPITAL CREDITS
Revenue
$842,613
POLE RENTAL
Revenue
$756,250
OTHER CAPITAL CREDITS
Revenue
$458,181
Organization Details
Founding Year
1939
Principal Officer
Billy L Morris Jr
Website
www.santee.orgNTEE Category
Code: W80 - Public benefit
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