San Isabel Electric Association Inc

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

EIN: 840312535 ✦ Pueblo, CO ✦ Designated as a 501(c)(12)

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Overview

What is San Isabel Electric Association Inc?

San Isabel Electric Association Inc, based in Pueblo, Colorado, is a cooperative that provides electric services to approximately 21,000 members across seven counties in southern Colorado. With a workforce of 89 employees, the organization is committed to improving the quality of life for its members by delivering reliable electric power and additional essential products and services. The association places a strong emphasis on providing excellent customer service and adhering to the highest social and ethical standards. They continually evaluate and implement new technologies and resources to meet the evolving needs of their member base.


Official website here: www.siea.com

What are the reviews and ratings of this charity?

San Isabel Electric Association Inc. is not currently rated by Charity Navigator. The lack of a rating is due to its classification as a non-501(c)(3) organization, which makes it ineligible for their standard evaluation methodology focused on Accountability & Finance, Impact & Measurement, Leadership & Adaptability, Culture & Community. This does not imply any positive or negative assessment but highlights the distinct criteria for nonprofit evaluations.

Without ratings, specifics on the financial integrity or operational impact of San Isabel Electric Association are not available. Typically, such assessments provide insights into an organization’s financial health, transparency, and effectiveness, but in this case, these aspects remain unreported. Furthermore, critical data such as revenue, expenses, and executive salaries are also inaccessible.

Given the restrictions in its classification, evaluations like Leadership & Adaptability or Culture & Community are not applicable. This information gap might make it challenging for potential supporters to gauge their effectiveness and internal culture through traditional means. It's crucial for stakeholders to look for alternative resources or direct organizational communications for more information about their operations and impact.


This AI summary has been generated from information found on Charity Navigator.

Is San Isabel Electric Association Inc legitimate?

San Isabel Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. San Isabel Electric Association 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: $562,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,047,443

For more financial information, click here


Official website here: www.siea.com

What is the mission statement of San Isabel Electric Association Inc?

San Isabel Electric Association Inc is committed to delivering electric power and essential services to enhance the quality of life for its members. The organization places great emphasis on providing excellent service and adhering to high social and ethical standards. In their pursuit to meet the needs of their membership, they continually evaluate and utilize new technologies and resources. Their ultimate goal is to improve the lives of their members through reliable electric power and additional needed products and services.


Official website here: www.siea.com

What is the revenue of San Isabel Electric Association Inc?

San Isabel Electric Association Inc's revenue in 2023 was $61,046,770.


Official website here: www.siea.com

Who are the executives of San Isabel Electric Association Inc and what are their salaries?

The average compensation at San Isabel Electric Association Inc during 2023 was $17,885. There are 90 employees at San Isabel Electric Association Inc.

Here are 14 key members and their salaries:


Eldon Ryan Elarton (General Manager)
  • Compensation: $232,806
  • Related: $0
  • Other: $51,432
James Hardy (Lineman)
  • Compensation: $173,291
  • Related: $0
  • Other: $62,808
Gary Eitel (Chief Administrative Officer)
  • Compensation: $148,019
  • Related: $0
  • Other: $80,761
Darryl Stewart (Chief Operating Officer)
  • Compensation: $182,478
  • Related: $0
  • Other: $38,229
Brendon Beach (Lineman)
  • Compensation: $152,894
  • Related: $0
  • Other: $37,910
Lisa Folga (Chief Business Officer)
  • Compensation: $125,582
  • Related: $0
  • Other: $53,185
Steven Zavesky (Lineman)
  • Compensation: $150,637
  • Related: $0
  • Other: $20,417
Deborah Rose (Director)
  • Compensation: $23,400
  • Related: $0
  • Other: $0
Don Tokar (Director)
  • Compensation: $18,775
  • Related: $0
  • Other: $0
Dennis Maroney (Director)
  • Compensation: $14,047
  • Related: $0
  • Other: $0
Edward R Garcia (Director)
  • Compensation: $12,550
  • Related: $0
  • Other: $0
Jacque Sikes (Director)
  • Compensation: $11,475
  • Related: $0
  • Other: $0
Doris Morgan (Director)
  • Compensation: $11,300
  • Related: $0
  • Other: $0
Donald Keairns (Director)
  • Compensation: $7,650
  • Related: $0
  • Other: $0


Official website here: www.siea.com

Where can I find the form 990 for San Isabel Electric Association Inc?

San Isabel Electric Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.siea.com

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

Mission Statement of San Isabel Electric Association Inc

San Isabel Electric Association Inc is committed to fulfilling its promise to its membership by providing them with essential electric power and other required products and services that enhance their quality of life. The organization is dedicated to delivering excellent service and upholding the highest social and ethical standards while exploring and implementing new technologies and resources to address the needs of its members.

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Impact




October, 2024

San Isabel Electric Association Inc significantly enhances the quality of life for its members by delivering reliable electric power and a range of essential services. Serving approximately 21,000 members across seven counties in Southern Colorado, the organization focuses on providing excellent service that aligns with high social and ethical standards. By continuously evaluating and incorporating new technologies and resources, San Isabel Electric not only meets the evolving needs of its members but also contributes to the broader community's welfare. This commitment to service and value helps foster a strong sense of trust and connection among its membership, making a positive impact on both individual households and the wider region.




This information is meant to be a general summary of San Isabel Electric Association 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.

Revenue
$61,046,770 (2023)
Expenses
$61,204,024 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $385,073
  • Program Service Revenue: $60,107,297
  • Gross Receipts: $61,046,770

Assets and Liabilities:

  • Total Assets: $212,726,748
  • Total Liabilities: $138,561,944
  • Net Assets: $74,164,804

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Programs

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

Sale of Electricity

Revenue

$58,374,284

Capital Credits

Revenue

$1,517,102

Other Operating

Revenue

$215,911

Organization Details

Founding Year

1940

Principal Officer

Eldon Ryan Elarton

NTEE Category

Code: W80 - Public benefit

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