Southwestern Electric Cooperative Inc

Greenville, IL
Tax-exempt since April 1941
EIN: 37-0525575

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$63.1M (2023)

Expenses

$61.7M (2023)

Total Assets

$194M (2023)

Total Liabilities

$129M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$63,052,962

Expenses

$61,703,873

Net Income

$1,349,089

Net Assets

$65,922,117

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,292,097	97.2%
Investment Income	$110,175	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,650,690	2.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,126,457	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$194,459,808
Total Liabilities	$128,537,691
Net Assets	$65,922,117

Club or Co-Op Income
Income From Members	$62,468,005
Income From Other Sources	$1,554,758

Compensation

Key Employees and Officers	Compensation	Related	Other
Bobby Williams Jr (Ceo)	$280,190	$0	$96,324
Marvin Ayala (Coo)	$231,146	$0	$62,715
Russell Gilbert (Power Plant General Manager)	$188,109	$0	$77,785
Joel Lafrance (System Wide Troublman Foreman)	$171,893	$0	$40,202
Scott Fitzgerald (Foreman Polyphase Meterman & Tester)	$171,246	$0	$60,785
Braden Clark (Journeyman Lineman)	$170,308	$0	$42,280
Richard Mersinger (Maintenance Foreman)	$170,193	$0	$94,316
Rebecca Jacobson (Cfo)	$170,079	$0	$55,470
Ann Schwarm (Director)	$26,637	$0	$0
Sandra Grapperhaus (Treasurer)	$26,137	$0	$0
William Jennings (Director)	$25,937	$0	$0
Jerry Gaffner (President)	$25,837	$0	$0
Annette Hartlieb (Secretary)	$25,737	$0	$0
Jared Stine (Vice President)	$25,437	$0	$0
Theodore Willman (Director)	$24,537	$0	$0
Sandra Nevinger (Director)	$16,703	$0	$0
Bradley Lurkins (Director)	$8,334	$0	$0
Marvin Warner (Director)	$2,737	$0	$22,500

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990

Filed on June 5, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$64,321,754

Expenses

$63,714,706

Net Income

$607,048

Net Assets

$66,108,972

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$63,364,855	98.5%
Investment Income	$61,414	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$895,485	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,135,923	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$186,571,705
Total Liabilities	$120,462,733
Net Assets	$66,108,972

Club or Co-Op Income
Income From Members	$62,175,421
Income From Other Sources	$6,698,238

Compensation

Key Employees and Officers	Compensation	Related	Other
Bobby Williams Jr (Ceo)	$262,076	$0	$143,948
Marvin Ayala (Coo)	$196,253	$0	$21,314
Andrew Jones (Vp Business Development)	$165,636	$0	$34,209
Richard Mersinger (Maintenance Foreman)	$163,669	$0	$107,366
Joel Lafrance (System Wide Troublman Foreman)	$163,351	$0	$38,725
Andrew Wessel (Construction Foreman)	$162,953	$0	$46,377
Mike Willman (Vp Of Operations)	$162,579	$0	$96,894
Rebecca Jacobson (Cfo)	$159,398	$0	$62,463
Randy Wolf (Director Former)	$35,883	$0	$0
Barbara Tedrick (Director Former)	$26,280	$0	$0
Ann Schwarm (President)	$25,712	$0	$0
Jerry Gaffner (Vice President)	$25,612	$0	$0
Jared Stine (Director)	$25,612	$0	$0
William Jennings (Director)	$25,612	$0	$0
Annette Hartlieb (Secretary)	$25,412	$0	$0
Sandra Grapperhaus (Treasurer)	$25,112	$0	$0
Sandra Nevinger (Director)	$24,812	$0	$0
Theodore Willman (Director)	$24,812	$0	$0
Marvin Warner (Director)	$5,112	$0	$20,500

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990

Filed on Oct. 31, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$63,354,486

Expenses

$62,397,786

Net Income

$956,700

Net Assets

$64,555,515

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$61,893,176	97.7%
Investment Income	$57,358	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,403,952	2.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$813,163	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$164,346,209
Total Liabilities	$99,790,694
Net Assets	$64,555,515

Club or Co-Op Income
Income From Members	$60,617,760
Income From Other Sources	$3,620,601

Compensation

Key Employees and Officers	Compensation	Related	Other
Bobby Williams Jr (Ceo)	$243,996	$0	$125,570
Andrew Jones (Vp Business Development)	$162,502	$0	$104,850
Mike Willman (Vp Of Operations)	$154,909	$0	$95,370
Joel Lafrance (System Wide Troubleman Foreman)	$154,120	$0	$38,009
Leo Dublo (Construction Foreman)	$151,301	$0	$49,223
Richard Mersinger (Maintenance Foreman)	$151,168	$0	$103,656
Rebecca Jacobson (Cfo)	$146,732	$0	$57,673
Ann Schwarm (President)	$25,488	$0	$0
Willaim Jennings (Director)	$25,388	$0	$0
Sandra Grapperhaus (Vice President)	$25,188	$0	$0
Annette Hartlieb (Secretary)	$25,188	$0	$0
Jared Stine (Director)	$25,188	$0	$0
Jerry Gaffner (Treasurer)	$25,188	$0	$0
Sandra Nevinger (Director)	$25,088	$0	$0
Theodore Willman (Director)	$24,888	$0	$0
Barbara Tedrick (Director Former)	$12,100	$0	$0
Marvin Warner (Director)	$5,988	$0	$19,500

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990

Filed on July 26, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$63,419,459

Expenses

$62,438,161

Net Income

$981,298

Net Assets

$57,031,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$62,186,853	98.1%
Investment Income	$57,997	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,174,609	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$755,111	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$157,322,582
Total Liabilities	$100,291,483
Net Assets	$57,031,099

Club or Co-Op Income
Income From Members	$63,648,965
Income From Other Sources	$930,821

Compensation

Key Employees and Officers	Compensation	Related	Other
Bobby Williams Jr (Ceo)	$232,076	$0	$104,275
Andrew Jones (Vp Business Development)	$160,156	$0	$94,738
Christopher Botulinski (Vp Of Engineering)	$155,953	$0	$61,794
Joel Lafrance (System Wide Troubleman Foreman)	$153,803	$0	$37,088
Mike Willman (Vp Of Operations)	$152,945	$0	$81,983
Leo Dublo (Construction Foreman)	$151,684	$0	$42,925
Rebecca Jacobson (Cfo)	$137,956	$0	$52,711
Ann Schwarm (President)	$26,024	$0	$0
Sandra Grapperhaus (Vice President)	$25,924	$0	$0
Jerry Gaffner (Treasurer)	$25,824	$0	$0
Jared Stine (Director)	$25,824	$0	$0
Willaim Jennings (Director)	$25,124	$0	$0
Sandra Nevinger (Director)	$25,024	$0	$0
Theodore Willman (Director)	$24,824	$0	$0
Annette Hartlieb (Secretary)	$24,724	$0	$0
Richard Gusewelle (Director Part Year)	$22,470	$0	$0
Barbara Tedrick (Director Former)	$12,100	$0	$0
Marvin Warner (Director)	$2,331	$0	$0

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990

Filed on Oct. 29, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$64,431,510

Expenses

$63,578,666

Net Income

$852,844

Net Assets

$50,140,703

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$63,191,680	98.1%
Investment Income	$81,946	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,157,884	1.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$836,999	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$161,381,608
Total Liabilities	$111,240,905
Net Assets	$50,140,703

Club or Co-Op Income
Income From Members	$64,509,676
Income From Other Sources	$776,056

Compensation

Key Employees and Officers	Compensation	Related	Other
Bobby Williams Jr (Ceo)	$217,639	$0	$72,185
Stephen Mcmahon (Maintenance Foreman)	$166,839	$0	$16,834
Andrew Jones (Vp Business Development)	$153,890	$0	$80,901
Joel Lafrance (System Wide Troubleman Foreman)	$153,825	$0	$35,488
Christopher Botulinski (Vp Of Engineering)	$151,717	$0	$51,996
Leo Dublo (Construction Foreman)	$151,687	$0	$35,648
Rebecca Jacobson (Cfo)	$134,191	$0	$43,961
Kerry Sloan (Former Ceo)	$104,054	$0	$0
William Jennings (Treasurer)	$30,420	$0	$0
Ann Schwarm (President)	$28,420	$0	$0
Jerry Gaffner (Director)	$28,120	$0	$0
Annette Hartlieb (Secretary)	$27,920	$0	$0
Sandra Grapperhaus (Vice President)	$27,920	$0	$0
Richard Gusewelle (Director)	$27,855	$0	$0
Jared Stine (Director)	$27,774	$0	$0
Sandra Nevinger (Director)	$27,520	$0	$0
Theodore Willman (Director)	$26,820	$0	$0
Barbara Tedrick (Director Former)	$12,200	$0	$0

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990

Filed on July 13, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$61,880,320

Expenses

$60,657,238

Net Income

$1,223,082

Net Assets

$47,304,678

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$60,263,464	97.4%
Investment Income	$83,582	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,533,274	2.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$861,307	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$157,948,344
Total Liabilities	$110,643,666
Net Assets	$47,304,678

Club or Co-Op Income
Income From Members	$62,674,837
Income From Other Sources	$1,149,534

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Bobby Williams (Ceo)	$201,360	$0	$70,776
Andrew Jones (Vp Business Development)	$150,600	$0	$86,449
Christopher Botulinski (Vp Of Engineering)	$149,018	$0	$53,295
Michael Willman (Vp Of Operations)	$143,154	$0	$75,750
Richard Mersinger (Maintenance Foreman)	$140,115	$0	$86,673
Leo Dublo (Construction Foreman)	$138,006	$0	$35,429
Rebecca Jacobson (Cfo)	$129,005	$0	$32,970
Charles Jewell (Senior Advisor Part Year)	$119,476	$0	$94,144
Ann Schwarm (President)	$23,402	$0	$0
Annette Hartlieb (Secretary)	$23,402	$0	$0
Richard Gusewell (Director)	$23,287	$0	$0
Sandra Nevinger (Treasurer)	$22,902	$0	$0
Sandra Grapperhaus (Vice President)	$22,802	$0	$0
Theodore Willman (Director)	$22,402	$0	$0
Randall Wolf (Director Part Year)	$17,213	$0	$0
Alan Libbra (Director Part Year)	$16,411	$0	$0
Ronald Schaufelberger (Director Part Year)	$16,275	$0	$1,098
Barbara Tedrick (Director Former)	$12,000	$0	$0
Jerry Gaffner (Director)	$6,191	$0	$0
William Jennings (Director)	$6,191	$0	$0
Jared Stine (Director As Of 12/20/2018)	$0	$0	$0

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990

Filed on Aug. 19, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$55,236,732

Expenses

$54,185,510

Net Income

$1,051,222

Net Assets

$44,602,799

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,815,941	97.4%
Investment Income	$63,260	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,357,531	2.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,246,847	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$155,203,393
Total Liabilities	$110,600,594
Net Assets	$44,602,799

Club or Co-Op Income
Income From Members	$55,102,665
Income From Other Sources	$983,667

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Charles Jewell (Ceo Part Year;Senior Advisor)	$321,395	$0	$87,820
Kerry Sloan (Ceo Part Year)	$230,153	$0	$7,913
Bobby Williams (Ceo)	$186,795	$0	$50,913
Andrew Jones (Vp Business Development)	$147,685	$0	$75,659
Christopher Botulinski (Vp Of Engineering)	$140,430	$0	$43,206
Michael Willman (Vp Of Operations)	$139,630	$0	$64,712
Richard Mersinger (Maintenance Foreman)	$139,428	$0	$76,855
Edgar Braundmeier (Maintenance Foreman)	$137,216	$0	$73,641
Rebecca Jacobson (Cfo)	$63,213	$0	$10,701
Rachel Sloan (Coo Part Year)	$44,787	$0	$508
Richard Gusewell (Director)	$26,833	$0	$0
Ann Schwarm (President)	$26,282	$0	$0
Sandra Grapperhaus (Secretary)	$25,782	$0	$0
Annette Hartlieb (Director)	$25,434	$0	$0
Sandra Nevinger (Treasurer)	$25,382	$0	$0
Alan Libbra (Vice President)	$25,282	$0	$0
Ronald Schaufelberger (Director)	$25,190	$0	$0
Theodore Willman (Director)	$24,982	$0	$0
Randall Wolf (Director)	$17,382	$0	$8,100
Barbara Tedrick (Director)	$12,000	$0	$0

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990

Filed on Nov. 2, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$55,456,604

Expenses

$54,662,397

Net Income

$794,207

Net Assets

$43,560,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$54,260,874	97.8%
Investment Income	$63,231	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,132,499	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,850,525	3.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$155,244,790
Total Liabilities	$111,684,643
Net Assets	$43,560,147

Club or Co-Op Income
Income From Members	$55,241,545
Income From Other Sources	$765,529

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kerry Sloan (Ceo)	$649,096	$0	$246,545
Rachel Sloan (Coo)	$215,486	$0	$155,700
Charles Jewell (Cfo)	$209,817	$0	$143,735
Bobby Williams (Vp Of Engineering)	$147,254	$0	$81,009
Andrew Jones (Vp Business Development)	$145,076	$0	$114,342
Mike Willman (Vp Of Operations)	$135,393	$0	$102,540
Kyle Hails (Maintenance Foreman)	$134,782	$0	$72,402
Joel Lafrance (Construction Foreman)	$134,290	$0	$115,541
Ann Schwarm (President)	$27,087	$0	$0
Richard Gusewell (Director)	$26,064	$0	$0
Ronald Schaufelberger (Director)	$25,524	$0	$0
Alan Libbra (Vice President)	$25,287	$0	$0
Theodore Willman (Director)	$25,287	$0	$0
Barbara Tedrick (Director)	$25,136	$0	$0
Sandra Grapperhaus (Secretary)	$25,087	$0	$0
Sandra Nevinger (Treasurer)	$25,087	$0	$0
Randall Wolf (Director)	$16,801	$0	$8,786

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990

Filed on June 20, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$54,376,355

Expenses

$53,942,257

Net Income

$434,098

Net Assets

$42,394,721

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,561,817	98.5%
Investment Income	$66,856	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$747,682	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,226,578	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$160,575,406
Total Liabilities	$118,180,685
Net Assets	$42,394,721

Club or Co-Op Income
Income From Members	$54,573,318
Income From Other Sources	$553,982

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kerry Sloan (Ceo)	$1,035,352	$0	$238,414
Rachel Sloan (Coo)	$227,986	$0	$159,096
Charles Jewell (Cfo)	$189,655	$0	$125,577
Andrew Jones (Vp Business Development)	$142,112	$0	$107,782
Bobby Williams (Vp Of Engineering)	$132,870	$0	$71,962
Joel Lafrance (Construction Foreman)	$131,724	$0	$110,720
Mike Willman (Vp Of Operations)	$131,673	$0	$95,112
Russell Gillbert (General Manager Of Freedom Plant)	$129,016	$0	$101,009
Richard Gusewell (Director)	$33,277	$0	$0
Sandra Grapperhaus (Secretary)	$32,463	$0	$0
Ann Schwarm (Vice President)	$32,263	$0	$0
Theodore Willman (Director)	$32,163	$0	$0
Barbara Tedrick (Treasurer)	$32,049	$0	$0
Alan Libbra (President)	$31,963	$0	$0
Sandra Nevinger (Director)	$31,763	$0	$0
Ronald Schaufelberger (Director)	$31,743	$0	$0
Randall Wolf (Director)	$15,088	$0	$17,726

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990

Filed on June 20, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$52,706,025

Expenses

$52,363,835

Net Income

$342,190

Net Assets

$41,666,038

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$51,966,905	98.6%
Investment Income	$67,606	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$671,514	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,728,342	3.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$162,122,991
Total Liabilities	$120,456,953
Net Assets	$41,666,038

Club or Co-Op Income
Income From Members	$52,358,596
Income From Other Sources	$394,414

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kerry Sloan (Ceo)	$579,677	$0	$283,730
Rachel Sloan (Coo)	$220,873	$0	$139,256
Charles Jewell (Cfo)	$181,876	$0	$119,699
Andrew Jones (Vp Business Development)	$143,349	$0	$110,543
Joel Lafrance (Construction Foreman)	$141,609	$0	$102,549
Richard Mcgill (Vp Engineering)	$136,334	$0	$108,850
Leo Dublo (Journey Man Lineman)	$133,403	$0	$60,944
Stephen Mcmahon (Maintenance Foreman)	$132,314	$0	$91,819
Sandra Grapperhaus (Director)	$23,238	$0	$0
Richard Gusewell (Director)	$23,086	$0	$0
Alan Libbra (President)	$22,838	$0	$0
Barbara Tedrick (Treasurer)	$22,560	$0	$0
Ann Schwarm (Vice President)	$22,438	$0	$0
Theodore Willman (Director)	$22,338	$0	$0
Sandra Nevinger (Director)	$22,338	$0	$0
Ronald Schaufelberger (Secretary)	$21,959	$0	$0
Randall Wolf (Director)	$10,885	$0	$11,552

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990

Filed on July 28, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$53,569,561

Expenses

$51,605,621

Net Income

$1,963,940

Net Assets

$38,104,370

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$52,816,033	98.6%
Investment Income	$135,220	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$618,308	1.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$953,788	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,341,552	8.4%

Assets/Debt
Total Assets	$167,135,766
Total Liabilities	$129,031,396
Net Assets	$38,104,370

Club or Co-Op Income
Income From Members	$53,178,638
Income From Other Sources	$390,923

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kerry Sloan (Ceo)	$521,974	$0	$233,034
Rachel Sloan (Director Of Admin. Svcs &)	$338,576	$0	$118,648
Charles Jewell (Cfo)	$140,294	$0	$19,976
Richard Mcgill (Director Of Engineering)	$136,462	$0	$101,013
Andrew Jones (Director Of Bus. Developme)	$131,861	$0	$103,567
Russ Gilbert (General Manager Plant)	$119,005	$0	$88,156
Joel Lafrance (Construction Foreman)	$116,174	$0	$103,501
Alan Libbra (President)	$23,344	$0	$0
Richard Gusewell (Director)	$23,228	$0	$0
Ronald Schaufelberger (Secretary)	$23,001	$0	$0
Theodore Willman (Director)	$22,744	$0	$0
Ann Schwarm (Vice President)	$22,644	$0	$0
Sandra Nevinger (Director)	$22,644	$0	$0
Barbara Tedrick (Treasurer)	$22,592	$0	$0
Sandra Grapperhaus (Director)	$22,544	$0	$0
Randall Wolf (Director)	$16,042	$0	$0

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990

Filed on May 23, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$67,072,607

Expenses

$80,167,451

Net Income

-$13,094,844

Net Assets

$36,854,092

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$66,167,186	98.7%
Investment Income	$228,712	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$676,709	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$931,583	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,071,439	5.1%

Assets/Debt
Total Assets	$144,181,291
Total Liabilities	$107,327,199
Net Assets	$36,854,092

Club or Co-Op Income
Income From Members	$66,564,648
Income From Other Sources	$507,958

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$65,989,487

Expenses

$73,688,917

Net Income

-$7,699,430

Net Assets

$51,252,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$64,851,767	98.3%
Investment Income	$435,475	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$702,245	1.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$863,239	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,999,085	5.4%

Assets/Debt
Total Assets	$148,771,077
Total Liabilities	$97,518,704
Net Assets	$51,252,373

Club or Co-Op Income
Income From Members	$65,312,167
Income From Other Sources	$608,722

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated November 21, 2024

Southwestern Electric Cooperative Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $63.1M (2023)

Expenses $61.7M (2023)

Total Assets $194M (2023)

Total Liabilities $129M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

Revenue

$63.1M (2023)

Expenses

$61.7M (2023)

Total Assets

$194M (2023)

Total Liabilities

$129M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004