Southwest Arkansas Electric Cooperative Corp

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

EIN: 710166791 ✦ Texarkana, TX ✦ Designated as a 501(c)(12)

Overview

What is Southwest Arkansas Electric Cooperative Corp?

Southwest Arkansas Electric Cooperative Corp, based in Texarkana, Texas, serves as an essential utility provider to 18,929 member accounts and 30,963 meters. The organization's mission lies in delivering top-quality electric services to its members at a fair price. In addition to its primary function, the cooperative aims to enhance its offerings by providing other value-added services to its membership. The cooperative employs 89 individuals, all dedicated to ensuring reliable and first-class electric service to the community.


Official website here: www.swrea.com

Is Southwest Arkansas Electric Cooperative Corp legitimate?

Southwest Arkansas Electric Cooperative Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwest Arkansas Electric Cooperative Corp 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,206,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,837,172

For more financial information, click here


Official website here: www.swrea.com

What is the mission statement of Southwest Arkansas Electric Cooperative Corp?

Southwest Arkansas Electric Cooperative Corp is dedicated to delivering superior electric services to its membership at a reasonable cost. The cooperative aims to go beyond just electricity distribution by offering additional valuable services. With a commitment to over 18,929 member accounts and 30,963 meters, the cooperative strives to ensure a consistent and reliable power supply. Its mission is to enhance the value of the organization for its members through the provision of top-tier electric services and extra offerings.


Official website here: www.swrea.com

Who is the CEO of Southwest Arkansas Electric Cooperative Corp?

Kecia Wolf is the President & Ceo of Southwest Arkansas Electric Cooperative Corp. The CEO's salary of Southwest Arkansas Electric Cooperative Corp is $154,792 and their total compensation is $212,760.


Official website here: www.swrea.com

What is the revenue of Southwest Arkansas Electric Cooperative Corp?

Southwest Arkansas Electric Cooperative Corp's revenue in 2022 was $67,125,073.


Official website here: www.swrea.com

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

The average compensation at Southwest Arkansas Electric Cooperative Corp during 2022 was $79,146. There are 89 employees at Southwest Arkansas Electric Cooperative Corp.

Here are 19 key members and their salaries (Southwest Arkansas Electric Cooperative Corp's CEO's salary is $154,792 and their total compensation is $212,760):

    Dion Cooper (President & Ceo)
  • Compensation: $275,578
  • Related: $0
  • Other: $62,899

    • George Wall (Vice President Of Operations)
  • Compensation: $165,769
  • Related: $0
  • Other: $62,975

    • Kecia Wolf (President And Ceo)
  • Compensation: $154,792
  • Related: $0
  • Other: $57,968

    • Kevin Kennedy (Director Of Engineering)
  • Compensation: $137,856
  • Related: $0
  • Other: $53,524

    • Bobby Fenton (Director Of Operations)
  • Compensation: $131,759
  • Related: $0
  • Other: $53,083

    • Glenn Hays (Lineman)
  • Compensation: $121,107
  • Related: $0
  • Other: $41,594

    • Jimmy Mccoy (Foreman)
  • Compensation: $132,151
  • Related: $0
  • Other: $30,399

    • Jeff Newton (Vice President Of Technology,)
  • Compensation: $124,326
  • Related: $0
  • Other: $37,863

    • Cobie Bearden (Foreman)
  • Compensation: $117,322
  • Related: $0
  • Other: $35,454

    • Russell Pendergraft (Chairman) [Trustee/Director]
  • Compensation: $35,833
  • Related: $0
  • Other: $0

    • Warren Plyler (Director)
  • Compensation: $35,333
  • Related: $0
  • Other: $0

    • Jim Alford (Director)
  • Compensation: $33,333
  • Related: $0
  • Other: $0

    • Alan Green (Vice Chairman) [Trustee/Director]
  • Compensation: $32,833
  • Related: $0
  • Other: $0

    • Andy Youngblood (Treasurer) [Trustee/Director]
  • Compensation: $32,833
  • Related: $0
  • Other: $0

    • Rickie Barnard (Director)
  • Compensation: $31,833
  • Related: $0
  • Other: $0

    • Don Stemple (Director)
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Tommy Isbell (Director)
  • Compensation: $17,010
  • Related: $0
  • Other: $0

    • Jamie Stevens (Director)
  • Compensation: $15,717
  • Related: $0
  • Other: $0

    • Brett Renfro (Director)
  • Compensation: $8,885
  • Related: $0
  • Other: $0


  • Official website here: www.swrea.com

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

    The Southwest Arkansas Electric Cooperative Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.swrea.com

    Learn more at the official website: www.swrea.com

    Mission Statement of Southwest Arkansas Electric Cooperative Corp

    Southwest Arkansas Electric Cooperative Corp, a dedicated electric service provider, strives to deliver top-notch electric solutions to its membership at competitive prices. The organization's ultimate goal is to serve its members by not only ensuring reliable electricity but also offering additional services that add value to the cooperative.

    In practice, this mission translates into providing electricity to 18,929 member accounts, managing a total of 30,963 meters. By doing so, Southwest Arkansas Electric Cooperative Corp enhances the daily lives of its members, enabling them to enjoy the essential conveniences of modern living. Beyond electricity distribution, the cooperative continues to explore ways to add value to its members. By focusing on first-class service delivery and additional value-added offerings, Southwest Arkansas Electric Cooperative Corp is committed to strengthening its bond with the community it serves.

    Impact

    This information is meant to be a general summary of Southwest Arkansas Electric Cooperative Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Southwest Arkansas Electric Cooperative Corp's impact lies in its provision of first-class electric service to its membership at a valued price. With a mission to serve its members with excellence, it distributes electricity to nearly 19,000 member accounts and over 30,000 meters. By ensuring reliable access to electricity, Southwest Arkansas Electric Cooperative Corp plays a crucial role in supporting the daily lives and businesses of its community in Texarkana, TX. The cooperative's commitment to providing essential services at affordable rates contributes to the overall welfare and development of the region, exemplifying its dedication to public benefit.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,142,939
  • Program Service Revenue: $83,297,047
  • Gross Receipts: $86,469,995

    • Assets and Liabilities:
  • Total Assets: $272,487,208
  • Total Liabilities: $159,073,551
  • Net Assets: $113,413,657
  • Programs

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

    Sales of Electric Energy

    Revenue

    $82,139,805

    G&T Capital Credits

    Revenue

    $820,959

    Other Capital Credits

    Revenue

    $336,283

    Organization Details

    Founding Year

    1937

    Principal Officer

    Kecia Wolf

    Main Address

    P O BOX 1807, TEXARKANA, TX, 755041807

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Southwest Arkansas Electric Cooperative Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.