Overview
What is Southeastern Electric Cooperative Inc?
Southeastern Electric Cooperative Inc is a nonprofit organization based in Durant, Oklahoma. Their primary mission is to provide electricity to their members on a cooperative basis. At the end of the year, they catered to 16,589 active services and a total of 19,069 services in place, with 2,480 idle services. Their activities are centered around the cooperative distribution of electricity, and they allocate patronage capital to their members. The organization has a workforce of 43 employees.
Official website here: www.se-coop.com
Is Southeastern Electric Cooperative Inc legitimate?
Southeastern Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southeastern 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $640,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $776,543
For more financial information, click here
What is the mission statement of Southeastern Electric Cooperative Inc?
Southeastern Electric Cooperative Inc is dedicated to providing electricity to its members on a cooperative basis. This organization prioritizes electricity supply to over 16,500 active members and an additional 2,480 idle services, allocating patronage capital to them. In essence, Southeastern Electric Cooperative Inc functions as an electricity provider that operates on cooperative principles, ensuring access to electric power for its member base. The cooperative's efforts are focused on delivering dependable electricity services, thus fostering community development and enhancing the quality of life for its members.
Official website here: www.se-coop.com
Who is the CEO of Southeastern Electric Cooperative Inc?
James Fox is the General Mana of Southeastern Electric Cooperative Inc.
Official website here: www.se-coop.com
What is the revenue of Southeastern Electric Cooperative Inc?
Southeastern Electric Cooperative Inc's revenue in 2022 was $46,140,293.
Official website here: www.se-coop.com
Who are the executives of Southeastern Electric Cooperative Inc and what are their salaries?
The average compensation at Southeastern Electric Cooperative Inc during 2022 was $32,952. There are 43 employees at Southeastern Electric Cooperative Inc.
Here are 14 key members and their salaries:
- James Fox (General Mana)
- Russell Stepp (Director Ope)
- Randy Cloyd (Office Manag)
- Michael Green (Working Fore)
- Jason Whitaker (Area Service)
- Leith Burkhalter (Lineman)
- Tracy Rogers (Member) [Trustee/Director]
- Odis Willingham (President) [Trustee/Director]
- Dennis Bowen (Vice-Preside) [Trustee/Director]
- David Kelly (Member) [Trustee/Director]
- Anthony Dillard (Member) [Trustee/Director]
- Casey Robinson (Member) [Trustee/Director]
- Steven Kelso (Member) [Trustee/Director]
- James Dancer (Member) [Trustee/Director]
Official website here: www.se-coop.com
Where can I find the form 990 for Southeastern Electric Cooperative Inc?
The Southeastern Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.se-coop.com
Learn more at the official website: www.se-coop.com
Mission Statement of Southeastern Electric Cooperative Inc
Southeastern Electric Cooperative Inc, a cooperative organization, is dedicated to providing electricity to its members. This mission is at the heart of its operations, and it strives to fulfill this commitment to 16,589 active services, totaling 19,069 services in place, and 2,480 idle services.
The cooperative electricity provider allocates patronage capital to those it serves, ensuring a cooperative business model that benefits the community as a whole. Southeastern Electric Cooperative Inc's unwavering commitment to its members is reflected in its mission statement: to provide electricity on a cooperative basis. By prioritizing the needs of its members, Southeastern Electric Cooperative Inc distinguishes itself as a cooperative that puts the well-being of its community first.
Southeastern Electric Cooperative Inc's cooperative business model allows it to adapt and grow, providing essential electricity services to a diverse and expanding member base. As a cooperative, it fosters a spirit of collaboration and shared responsibility, creating a strong bond between the organization and its community. By continuously focusing on its mission to provide electricity on a cooperative basis, Southeastern Electric Cooperative Inc ensures that its members have access to reliable and affordable power, enabling them to improve their standard of living and build a better future.
Impact
This information is meant to be a general summary of Southeastern Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Southeastern Electric Cooperative Inc's impact lies in providing electricity to its members on a cooperative basis. With 16,589 active services at the end of the year, Southeastern Electric Cooperative ensures that its members have access to reliable electricity. By operating as a cooperative, the organization allocates patronage capital to its members, further benefiting the local community. This impact not only ensures the availability of essential services but also promotes a sense of community and collaboration among its members.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$45,168,895
PATRONAGE DIVIDENDS
Revenue
$819,046
SERVICE FEE REVENUE
Revenue
$14,400
Organization Details
Founding Year
1939
Phone
(580) 924-2170
Principal Officer
James Fox
Main Address
PO BOX 1370, DURANT, OK, 74702
Website
www.se-coop.com
NTEE Category
Code: W50 - Public benefit
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