Overview
What is Swisher Electric Cooperative Inc?
Swisher Electric Cooperative Inc, located in Tulia, Texas (PO Box 67), is a nonprofit organization with a mission to provide quality and reliable electric service to its cooperative members. The cooperative, which had 7,973 active services at year end, aims to efficiently and economically meet the present and future electrical needs of its members. With a team of 47 employees, Swisher Electric Cooperative Inc prioritizes integrity, innovation, accountability, and commitment to community in its operations. Its primary activity is the allocation of patronage capital to provide electric energy to members on a cooperative basis.
Official website here: www.swisherelectric.org
What are the reviews and ratings of this charity?
Swisher Electric Cooperative Inc is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization, which makes it ineligible under current evaluation criteria. Charity Navigator’s absence of a rating should not be interpreted positively or negatively, but rather as an indication of the nonprofit’s ineligibility for assessment using existing methodologies.
The lack of a formal rating also means detailed financial data and impact measurements generally available for 501(c)(3) nonprofits are not provided for Swisher Electric Cooperative Inc. As an independent organization, it operates separately from larger networks or affiliates, which may imply a level of autonomy in its operations and decision-making processes.
Without user reviews from GreatNonprofits, no additional public feedback or sentiment is available to further illuminate Swisher Electric Cooperative Inc's community impact or operational effectiveness. Consequently, interested parties may need to seek direct contact with the organization for more specific information.
This AI summary has been generated from information found on Charity Navigator.
Is Swisher Electric Cooperative Inc legitimate?
Swisher Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Swisher 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: $606,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,796,789
For more financial information, click here
Official website here: www.swisherelectric.org
What is the mission statement of Swisher Electric Cooperative Inc?
Swisher Electric Cooperative Inc is dedicated to delivering quality and reliable electric service to its cooperative members. Its mission goes beyond just supplying electricity; it aims to do so in an efficient and economical manner. The cooperative strives for a sound financial base, ensuring the highest level of service reliability, while maintaining integrity, innovation, accountability, and commitment to the community. By providing electric energy cooperatively and allocating patronage capital, Swisher Electric Cooperative enhances the quality of life for all its members. At the end of the year, there were 7,973 active services.
Official website here: www.swisherelectric.org
Who is the CEO of Swisher Electric Cooperative Inc?
Dwain Tipton is the Director of Swisher Electric Cooperative Inc.
Official website here: www.swisherelectric.org
What is the revenue of Swisher Electric Cooperative Inc?
Swisher Electric Cooperative Inc's revenue in 2022 was $25,409,868.
Official website here: www.swisherelectric.org
Who are the executives of Swisher Electric Cooperative Inc and what are their salaries?
The average compensation at Swisher Electric Cooperative Inc during 2022 was $51,131. There are 47 employees at Swisher Electric Cooperative Inc.
Here are 10 key members and their salaries:
- Compensation: $26,325
- Related: $0
- Other: $0
- Compensation: $26,317
- Related: $0
- Other: $0
- Compensation: $26,308
- Related: $0
- Other: $0
- Compensation: $26,296
- Related: $0
- Other: $0
- Compensation: $13,765
- Related: $0
- Other: $0
- Compensation: $13,762
- Related: $0
- Other: $0
- Compensation: $13,753
- Related: $0
- Other: $0
- Compensation: $162,353
- Related: $0
- Other: $151,570
- Compensation: $102,166
- Related: $0
- Other: $43,735
- Compensation: $112,007
- Related: $0
- Other: $45,209
Official website here: www.swisherelectric.org
Where can I find the form 990 for Swisher Electric Cooperative Inc?
Swisher Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swisherelectric.org
Learn more at the official website: www.swisherelectric.org
Mission Statement of Swisher Electric Cooperative Inc
Swisher Electric Cooperative Inc, a leading electric service provider, is committed to delivering quality and reliable electricity to its cooperative members. The organization's mission extends beyond just providing power; it aspires to meet the present and future electrical needs of its members in an efficient and economical manner. Swisher Electric Cooperative aims to uphold the highest standards of reliability with integrity, innovation, accountability, and commitment to community.
The cooperative's primary goal is to allocate patronage capital for providing electric energy on a cooperative basis. Swisher Electric Cooperative's operations are built on a solid financial foundation, enabling it to offer the highest level of electrical service possible. With 7,973 active services at year end, the cooperative boasts a significant presence among its members. Through its mission, Swisher Electric Cooperative not only ensures the consistent supply of electricity but also enhances the overall quality of life for its members.
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Impact
October, 2024
Swisher Electric Cooperative Inc significantly impacts the Tulia, TX community by providing quality and reliable electric service to its members. With a mission focused on meeting current and future electrical needs efficiently and economically, the cooperative ensures that its 7,973 active services benefit from dependable energy supply.
The cooperative prioritizes not only the reliability of its services but also the integrity and innovation in its operations, creating a sound financial base that enhances the overall quality of life in the region. By allocating patronage capital and engaging in community-driven initiatives, Swisher Electric Cooperative fosters a strong sense of accountability and commitment to its members, ultimately contributing to the social and economic well-being of the community it serves.
This information is meant to be a general summary of Swisher 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 2022.
- Investment Income: $191,391
- Program Service Revenue: $25,204,535
- Gross Receipts: $25,677,057
Assets and Liabilities:
- Total Assets: $71,325,380
- Total Liabilities: $31,227,096
- Net Assets: $40,098,284
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$24,520,827
PATRONAGE DIVIDENDS
Revenue
$558,229
SERVICE FEES
Revenue
$108,079
ELECTRIC WHEELING
Revenue
$17,400
Organization Details
Founding Year
1939
Phone
(806) 995-3567Principal Officer
Dwain Tipton
Main Address
PO BOX 67, TULIA, TX, 79088
Website
www.swisherelectric.orgNTEE Category
Code: W50 - Public benefit
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