Southeastern Electric Exchange Inc

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

EIN: 580435110 ✦ Atlanta, GA ✦ Designated as a 501(c)(6)

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Overview

What is Southeastern Electric Exchange Inc?

Southeastern Electric Exchange Inc is a non-profit organization located in Atlanta, Georgia, with a focus on promoting the growth and common interests of investor-owned electric utility systems in the region. They achieve this through various working groups, each with unique missions and objectives. These groups facilitate professional development, develop leaders, present consensus opinions to national standards-making organizations, conduct research and surveys, and promote continuous improvement in their respective fields. The organization also hosts an annual conference, attended by over 1,900 individuals, providing current information and continuing education in various aspects of electric distribution, environmental, substation, transmission lines, fleet management, and more. With a workforce of around 6 employees, Southeastern Electric Exchange Inc aims to enhance the human, operational, and technical resources of its member companies.


Official website here: www.theexchange.org

Is Southeastern Electric Exchange Inc legitimate?

Southeastern Electric Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southeastern Electric Exchange 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: $371,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,419

For more financial information, click here


Official website here: www.theexchange.org

What is the mission statement of Southeastern Electric Exchange Inc?

Southeastern Electric Exchange Inc, as a non-profit and non-political organization, primarily focuses on promoting the common interest and growth of investor-owned electric utility systems in a specific region. The organization strives to develop and enhance the human, operational, and technical resources of its member companies to their fullest potential. This is achieved through the activities of its working groups, each with unique missions and objectives. These groups facilitate professional development, develop leaders to represent common interests, present consensus opinions, conduct research and surveys, promote continuous improvement, and implement appropriate activities.


Official website here: www.theexchange.org

Who is the CEO of Southeastern Electric Exchange Inc?

Scott Smith is the Exec Director & Corp Secretary of Southeastern Electric Exchange Inc.


Official website here: www.theexchange.org

What is the revenue of Southeastern Electric Exchange Inc?

Southeastern Electric Exchange Inc's revenue in 2023 was $3,637,495.


Official website here: www.theexchange.org

Who are the executives of Southeastern Electric Exchange Inc and what are their salaries?

The average compensation at Southeastern Electric Exchange Inc during 2023 was $123,549. There are 6 employees at Southeastern Electric Exchange Inc.


Here are 22 key members and their salaries:


Scott H Smith (Exec Director & Corp Secretary)
  • Compensation: $309,181
  • Related: $0
  • Other: $50,927
Anita M Wilson (Assistant Director)
  • Compensation: $146,990
  • Related: $0
  • Other: $28,799
Amy B Bekele (Sr. Conference Coordinator)
  • Compensation: $129,872
  • Related: $0
  • Other: $37,148
Amer Electric Power (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Balt Gas Elect Co (Board & 2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Centerpoint Energy (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleco Power Llc (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominion Vanc (Board & 1St Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duke Energy Corp (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Entergy Corp (Board)
  • Compensation: $0
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  • Other: $0
Florida Pwr Lt Co (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lge-Ku Llc (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oklahoma Gas Elec Co (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oncor Elec Delivery Co (President, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peco Energy Corp (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pepco Holdings Inc (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ppl Electric Utilities (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominion Sc (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Southern Company (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tampa Electric Comp (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amer Electric Power (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tnmp (Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theexchange.org

Where can I find the form 990 for Southeastern Electric Exchange Inc?

Southeastern Electric Exchange Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.theexchange.org

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

Mission Statement of Southeastern Electric Exchange Inc

Southeastern Electric Exchange Inc, a non-profit and non-political organization, is dedicated to promoting the common interest and growth of investor-owned electric utility systems in a specific region. Their mission is multifaceted, aiming to develop and enhance the human, operational, and technical resources of their member companies to their fullest potential. This is achieved through the activities of their working groups, each with unique missions and objectives. These groups facilitate the professional development and growth of individual members by providing new information and skills. They also develop leaders to represent the common interests of members on national-level organizations. Furthermore, they present consensus opinions to national standards-making organizations, conduct appropriate research and survey activities, and promote continuous improvement in their fields. The ultimate goal is to contribute to the overall success and growth of the investor-owned electric utility systems within their region.

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Impact




October, 2024

Southeastern Electric Exchange Inc significantly influences the electric utility sector in the region by fostering collaboration among investor-owned electric utility companies. Its primary focus is on promoting common interests and facilitating growth across utility systems. Through initiatives designed to enhance human, operational, and technical resources, the organization enhances the efficiency and effectiveness of its member companies.

One of the key features of Southeastern Electric Exchange is its Annual Conference, which attracts nearly 2,000 attendees, including utility personnel and trade partners. This event serves as a vital platform for sharing current information and offering continuing education on various critical topics, such as electric distribution, environmental regulations, and fleet management. Additionally, the conference includes a trade show that enables companies to explore new products and services, driving innovation and improvement in their practices.

The organization also supports professional development by providing educational opportunities and resources that empower individual members. By developing leaders and representing member interests at national organizations, Southeastern Electric Exchange plays a crucial role in shaping industry standards and practices. The collaborative environment it fosters encourages continuous improvement and research initiatives, which ultimately benefit both the utility companies and the communities they serve.




This information is meant to be a general summary of Southeastern Electric Exchange 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
$3,637,495 (2023)
Expenses
$2,669,595 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $84,641
  • Program Service Revenue: $3,531,892
  • Gross Receipts: $3,698,476

Assets and Liabilities:

  • Total Assets: $5,683,419
  • Total Liabilities: $952,724
  • Net Assets: $4,730,695

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Programs

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

MEETINGS AND SEMINARS

Revenue

$2,845,039

MEMBERSHIP DUES

Revenue

$686,853

Organization Details

Founding Year

1971

Principal Officer

Scott Smith

Main Address

2970 PEACHTREE RD NW Suite 750, ATLANTA, GA, 30305

NTEE Category

Code: S41 - Community improvement

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