Overview
What is Sulphur Springs Valley Electric Cooperative Inc?
Sulphur Springs Valley Electric Cooperative Inc is a nonprofit organization based in Willcox, Arizona, with an address at 350 N Haskell, ZIP code 85643. Their mission is to provide quality and reliable electric service to their cooperative members, allocating patronage capital and supporting their communities. With a team of 192 employees, the cooperative had 53,283 active services at the year end. They are committed to delivering safe and dependable electric service, offering exceptional assistance to their member-owners and the communities they serve.
Official website here: www.ssvec.org
What are the reviews and ratings of this charity?
Sulphur Springs Valley Electric Cooperative Inc is currently not rated by Charity Navigator due to its status as a non-501(c)(3) organization, which limits its eligibility for evaluation. Charity Navigator ratings typically require data on accountability, finance, impact, and adaptability, but these aspects are not sufficiently covered for this organization as they are not obliged to submit Form 990 data.
The lack of a rating should not be construed as negative; rather, it reflects the classification of this cooperative rather than its performance. As an independent entity, not associated with larger coalitions, gaining access to detailed financial or operational data is more challenging, thus affecting the capacity for evaluation.
There are no user reviews found for Sulphur Springs Valley Electric Cooperative Inc on GreatNonprofits. This absence of user-generated feedback leaves a gap in understanding the public interactions and personal experiences with the cooperative.
This AI summary has been generated from information found on Charity Navigator.
Is Sulphur Springs Valley Electric Cooperative Inc legitimate?
Sulphur Springs Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sulphur Springs Valley 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: $4,026,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,002,657
For more financial information, click here
Official website here: www.ssvec.org
What is the mission statement of Sulphur Springs Valley Electric Cooperative Inc?
Sulphur Springs Valley Electric Cooperative Inc is dedicated to delivering quality and reliable electric service to its member-owners. The cooperative prioritizes exceptional support to the communities it serves. Beyond providing electric energy on a cooperative basis, SSVEC allocates patronage capital to its members. With over 53,000 active services at year end, the cooperative ensures a safe and dependable power supply. The team at SSVEC is committed to fostering a strong sense of community and collaborating with members to address their unique energy needs.
Official website here: www.ssvec.org
Who is the CEO of Sulphur Springs Valley Electric Cooperative Inc?
Jason Bowling is the Chief Executive Officer (May-Dec) of Sulphur Springs Valley Electric Cooperative Inc. The CEO's salary of Sulphur Springs Valley Electric Cooperative Inc is $302,449 and their total compensation is $432,452.
Official website here: www.ssvec.org
What is the revenue of Sulphur Springs Valley Electric Cooperative Inc?
Sulphur Springs Valley Electric Cooperative Inc's revenue in 2022 was $139,123,621.
Official website here: www.ssvec.org
Who are the executives of Sulphur Springs Valley Electric Cooperative Inc and what are their salaries?
The average compensation at Sulphur Springs Valley Electric Cooperative Inc during 2022 was $67,858. There are 192 employees at Sulphur Springs Valley Electric Cooperative Inc.
Here are 27 key members and their salaries (Sulphur Springs Valley Electric Cooperative Inc's CEO's salary is $302,449 and their total compensation is $432,452):
- Compensation: $29,112
- Related: $0
- Other: $0
- Compensation: $40,603
- Related: $0
- Other: $0
- Compensation: $18,425
- Related: $0
- Other: $0
- Compensation: $28,750
- Related: $0
- Other: $0
- Compensation: $31,875
- Related: $0
- Other: $0
- Compensation: $30,578
- Related: $0
- Other: $0
- Compensation: $33,112
- Related: $0
- Other: $0
- Compensation: $36,287
- Related: $0
- Other: $0
- Compensation: $32,238
- Related: $0
- Other: $0
- Compensation: $22,875
- Related: $0
- Other: $0
- Compensation: $484,420
- Related: $0
- Other: $207,865
- Compensation: $302,449
- Related: $0
- Other: $130,003
- Compensation: $251,686
- Related: $0
- Other: $99,607
- Compensation: $101,416
- Related: $0
- Other: $60,691
- Compensation: $196,209
- Related: $0
- Other: $86,981
- Compensation: $185,342
- Related: $0
- Other: $94,671
- Compensation: $131,861
- Related: $0
- Other: $70,590
- Compensation: $226,773
- Related: $0
- Other: $86,630
- Compensation: $202,794
- Related: $0
- Other: $117,779
- Compensation: $159,499
- Related: $0
- Other: $63,311
- Compensation: $162,794
- Related: $0
- Other: $78,021
- Compensation: $157,763
- Related: $0
- Other: $63,008
- Compensation: $168,162
- Related: $0
- Other: $89,620
- Compensation: $155,981
- Related: $0
- Other: $50,145
- Compensation: $155,276
- Related: $0
- Other: $71,289
- Compensation: $143,163
- Related: $0
- Other: $47,553
- Compensation: $142,071
- Related: $0
- Other: $65,238
Official website here: www.ssvec.org
Where can I find the form 990 for Sulphur Springs Valley Electric Cooperative Inc?
Sulphur Springs Valley Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ssvec.org
Learn more at the official website: www.ssvec.org
Mission Statement of Sulphur Springs Valley Electric Cooperative Inc
Sulphur Springs Valley Electric Cooperative Inc, a cooperative dedicated to delivering quality and reliable electric service, is committed to supporting its member-owners and the communities it serves in exceptional ways. With a mission to provide safe and dependable electric energy on a cooperative basis, the organization distributes patronage capital to its members.
At the heart of Sulphur Springs Valley Electric Cooperative Inc's mission lies its unwavering dedication to its members. By prioritizing exceptional support, the cooperative ensures that its member-owners receive not only top-notch electric service but also a sense of partnership and community. The team at the cooperative is deeply invested in the well-being of its members and prides itself on maintaining strong relationships built on trust and collaboration.
Sulphur Springs Valley Electric Cooperative Inc's commitment to its members extends beyond the provision of electric energy. With 53,283 active services under its care at year end, the cooperative is dedicated to ensuring that its member-owners experience consistent, reliable, and safe electric service. By prioritizing the needs of its members and fostering a cooperative spirit, the cooperative has become more than just a utility provider—it is a trusted partner and community advocate.
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Impact
October, 2024
Sulphur Springs Valley Electric Cooperative Inc (SSVEC) plays a vital role in delivering safe and reliable electric service to its members in Willcox, Arizona, and the surrounding areas. With a commitment to quality service, SSVEC caters to over 53,283 active services, ensuring that the needs of its members are met efficiently.
The cooperative operates on a model that emphasizes the allocation of patronage capital, fostering a sense of community ownership among its members. This model not only supports individual households and businesses but also enhances the economic stability of the region as a whole. By focusing on exceptional member support, SSVEC strengthens relationships within the community, promoting a collaborative environment where members can thrive.
In addition to providing essential energy services, SSVEC's mission to serve the community extends beyond just electricity. The cooperative is dedicated to ensuring that its operations are aligned with the broader interests of its member-owners, contributing positively to the quality of life in the areas it serves. Through its focus on safety, reliability, and community support, SSVEC has established itself as a crucial resource for sustainable development in the Sulphur Springs Valley.
This information is meant to be a general summary of Sulphur Springs Valley 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: $294,791
- Program Service Revenue: $137,761,938
- Gross Receipts: $139,126,767
Assets and Liabilities:
- Total Assets: $332,643,442
- Total Liabilities: $169,176,919
- Net Assets: $163,466,523
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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
$131,980,215
PATRONAGE DIVIDENDS
Revenue
$2,595,767
DISTRIBUTION SERVICES
Revenue
$2,413,862
SERVICE FEES
Revenue
$772,094
Organization Details
Founding Year
1938
Phone
(520) 384-2221Principal Officer
Jason Bowling
Main Address
350 N HASKELL, WILLCOX, AZ, 85643
Website
www.ssvec.orgNTEE Category
Code: W80 - Public benefit
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