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 tax deductible.
Heare 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):
- Compensation: $275,578
- Related: $0
- Other: $62,899
- Compensation: $165,769
- Related: $0
- Other: $62,975
- Compensation: $154,792
- Related: $0
- Other: $57,968
- Compensation: $137,856
- Related: $0
- Other: $53,524
- Compensation: $131,759
- Related: $0
- Other: $53,083
- Compensation: $121,107
- Related: $0
- Other: $41,594
- Compensation: $132,151
- Related: $0
- Other: $30,399
- Compensation: $124,326
- Related: $0
- Other: $37,863
- Compensation: $117,322
- Related: $0
- Other: $35,454
- Compensation: $35,833
- Related: $0
- Other: $0
- Compensation: $35,333
- Related: $0
- Other: $0
- Compensation: $33,333
- Related: $0
- Other: $0
- Compensation: $32,833
- Related: $0
- Other: $0
- Compensation: $32,833
- Related: $0
- Other: $0
- Compensation: $31,833
- Related: $0
- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $17,010
- Related: $0
- Other: $0
- Compensation: $15,717
- Related: $0
- Other: $0
- 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?
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.
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Impact
October, 2024
Southwest Arkansas Electric Cooperative Corp plays a crucial role in delivering reliable and affordable electricity to its members, serving a total of 18,929 accounts and managing 30,963 meters in the Texarkana area. By focusing on providing first-class electric service at a valued price, the cooperative ensures that its members have access to the energy they need for their homes and businesses. This commitment to quality service not only enhances the quality of life for residents but also supports economic growth in the community. Additionally, the organization offers various services that add value, further contributing to the overall development and vitality of the area. The cooperative’s emphasis on public benefit fosters a sense of community and enables residents to thrive.
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.
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 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
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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
Phone
(870) 772-2743Principal Officer
Kecia Wolf
Main Address
P O BOX 1807, TEXARKANA, TX, 755041807
Website
www.swrea.comNTEE Category
Code: W80 - Public benefit
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