Overview
What is Southwest Texas Electric Cooperative Inc?
Southwest Texas Electric Cooperative Inc is a nonprofit organization based in Eldorado, Texas. With a team of 58 employees, they are dedicated to providing quality and reliable electric service to their cooperative members, ensuring electricity is available to them at the most affordable cost. At the end of the year, they catered to 9,912 active services. The cooperative's mission is to make electric energy accessible to its members at the lowest possible cost, maintaining sound economy and good management.
Official website here: www.swtec.com
Is Southwest Texas Electric Cooperative Inc legitimate?
Southwest Texas Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southwest Texas 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: $404,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,196,352
For more financial information, click here
What is the mission statement of Southwest Texas Electric Cooperative Inc?
Southwest Texas Electric Cooperative Inc is committed to delivering quality and reliable electric service to its member base. The cooperative's primary goal is to make electric energy accessible to its members at the most affordable price, ensuring sound economic practices and good management. By operating on a cooperative basis, Southwest Texas Electric Cooperative allocates patronage capital to provide electric energy to its members. At the end of the year, there were 9,912 active services in the cooperative.
Official website here: www.swtec.com
Who is the CEO of Southwest Texas Electric Cooperative Inc?
William Whitten is the Secretary of Southwest Texas Electric Cooperative Inc.
Official website here: www.swtec.com
What is the revenue of Southwest Texas Electric Cooperative Inc?
Southwest Texas Electric Cooperative Inc's revenue in 2022 was $31,976,695.
Official website here: www.swtec.com
Who are the executives of Southwest Texas Electric Cooperative Inc and what are their salaries?
The average compensation at Southwest Texas Electric Cooperative Inc during 2022 was $44,841. There are 58 employees at Southwest Texas Electric Cooperative Inc.
Here are 9 key members and their salaries:
- William Whitten (General Manager)
- Mary Buchholz (Secretary) [Trustee/Director]
- Keith Wallace (Director)
- Pat Jackson (President) [Trustee/Director]
- Eugene Vinson (Treasurer) [Trustee/Director]
- Dawson Owens (Director)
- Steve Williams (Vice President) [Trustee/Director]
- James Uhl (Director (May-Dec))
- Sam Henderson Jr (Director (Jan-Apr))
Official website here: www.swtec.com
Where can I find the form 990 for Southwest Texas Electric Cooperative Inc?
The Southwest Texas Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.swtec.com
Learn more at the official website: www.swtec.com
Mission Statement of Southwest Texas Electric Cooperative Inc
Southwest Texas Electric Cooperative Inc, a cooperative entity, strives to make electric energy accessible to its members at an affordable cost. Adhering to sound economy and good management principles, the organization aspires to provide reliable and high-quality electric service to its cooperative members. With a membership base of 9,912 active services, Southwest Texas Electric Cooperative Inc is committed to delivering electricity cooperatively, through the allocation of patronage capital.
Impact
This information is meant to be a general summary of Southwest Texas 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
Southwest Texas Electric Cooperative Inc provides quality and reliable electric service to its members in Eldorado, TX. By aiming to make electric energy available at the lowest cost while maintaining sound economy and good management, the cooperative positively impacts the community by ensuring access to essential electricity services for its members. With 9,912 active services at year-end, Southwest Texas Electric Cooperative Inc plays a crucial role in supporting the daily lives and operations of individuals and businesses in the region.
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
$31,592,311
PATRONAGE DIVIDENDS
Revenue
$138,384
Organization Details
Founding Year
1941
Phone
(325) 853-2544
Principal Officer
William Whitten
Main Address
PO BOX 677, ELDORADO, TX, 769360677
Website
www.swtec.com
NTEE Category
Code: W80 - Public benefit
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