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Southeastern Electric Cooperative Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$46.1M (2022)

Expenses
$46.1M (2022)

Total Assets
$87.8M (2022)

Total Liabilities
$41.5M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,140,293
Expenses
$46,140,293
Net Income
$0
Net Assets
$46,207,104
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,002,341
99.7%
Investment Income $86,744
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $44,453
0.1%
Net Fundraising $0
Sales of Assets $7,500
0.0%
Net Inventory Sales -$745
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $640,388
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $776,543
1.7%
Assets/Debt
Total Assets $87,750,718
Total Liabilities $41,543,614
Net Assets $46,207,104
Club or Co-Op Income
Income From Members $45,183,295
Income From Other Sources $446,918
Compensation
Key Employees and Officers Compensation Related Other
James Fox (General Mana) $200,036 $0 $171,867
Randy Cloyd (Office Manag) $142,693 $0 $14,184
Michael Green (Working Fore) $116,982 $0 $39,295
Jason Whitaker (Area Service) $113,921 $0 $37,881
Leith Burkhalter (Lineman) $107,020 $0 $42,552
Russell Stepp (Director Ope) $104,643 $0 $57,372
Tracy Rogers (Member) $39,319 $0 $0
Odis Willingham (President) $39,039 $0 $0
Dennis Bowen (Vice Preside) $38,479 $0 $0
David Kelly (Member) $38,339 $0 $0
Anthony Dillard (Member) $38,059 $0 $0
Casey Robinson (Member) $37,779 $0 $0
Steven Kelso (Member) $22,883 $0 $0
James Dancer (Member) $14,588 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$40,665,061
Expenses
$40,665,061
Net Income
$0
Net Assets
$44,208,402
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $40,418,852
99.4%
Investment Income $143,333
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $43,824
0.1%
Net Fundraising $0
Sales of Assets $56,716
0.1%
Net Inventory Sales $63
0.0%
Other Revenue $2,273
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $638,465
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $642,877
1.6%
Assets/Debt
Total Assets $83,173,851
Total Liabilities $38,965,449
Net Assets $44,208,402
Club or Co-Op Income
Income From Members $39,758,855
Income From Other Sources $294,106
Compensation
Key Employees and Officers Compensation Related Other
James Fox (General Mana) $188,392 $0 $152,246
Michael Green (Working Fore) $121,169 $0 $37,698
Leith Burkhalter (Lineman) $110,130 $0 $40,553
Randy Cloyd (Office Manag) $110,113 $0 $65,751
Russell Stepp (Director Ope) $100,465 $0 $56,998
Tracy Rogers (Member) $38,933 $0 $0
Steven Kelso (Member) $38,653 $0 $0
Odis Willingham (President) $38,653 $0 $0
Dennis Bowen (Vice Preside) $38,513 $0 $0
Anthony Dillard (Member) $38,233 $0 $0
David Kelly (Member) $38,233 $0 $0
Casey Robinson (Member) $37,953 $0 $0
David Blackburn (Member) $14,328 $0 $0
James Dancer (Member) $14,328 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,008,673
Expenses
$35,008,673
Net Income
$0
Net Assets
$42,438,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,666,278
99.0%
Investment Income $255,078
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $43,475
0.1%
Net Fundraising $0
Sales of Assets $41,418
0.1%
Net Inventory Sales $1,800
0.0%
Other Revenue $624
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $610,595
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $460,548
1.3%
Assets/Debt
Total Assets $71,270,310
Total Liabilities $28,831,503
Net Assets $42,438,807
Club or Co-Op Income
Income From Members $34,014,450
Income From Other Sources $579,227
Compensation
Key Employees and Officers Compensation Related Other
James Fox (General Mana) $178,621 $0 $120,688
Michael Green (Working Fore) $117,053 $0 $32,683
Leith Burkhalter (Lineman) $108,781 $0 $34,695
Randy Cloyd (Office Manag) $106,958 $0 $60,378
Tracy Rogers (Member) $38,653 $0 $0
Anthony Dillard (Member) $38,373 $0 $0
Casey Robinson (Member) $38,373 $0 $0
Steven Kelso (Member) $38,093 $0 $0
David Kelly (Member) $37,953 $0 $0
Odis Willingham (President) $37,953 $0 $0
Dennis Bowen (Vice Preside) $37,813 $0 $0
James Dancer (Member) $29,887 $0 $0
David Blackburn (Member) $14,188 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$35,144,946
Expenses
$35,144,946
Net Income
$0
Net Assets
$39,864,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,819,932
99.1%
Investment Income $283,073
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $43,475
0.1%
Net Fundraising $0
Sales of Assets -$19,168
Net Inventory Sales $1,592
0.0%
Other Revenue $16,042
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $575,880
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $429,901
1.2%
Assets/Debt
Total Assets $69,697,279
Total Liabilities $29,832,840
Net Assets $39,864,439
Club or Co-Op Income
Income From Members $34,221,366
Income From Other Sources $523,993
Compensation
Key Employees and Officers Compensation Related Other
James Fox (General Mana) $174,774 $0 $87,980
Leith Burkhalter (Lineman) $111,416 $0 $27,342
Randy Cloyd (Office Manag) $107,567 $0 $50,138
Michael Green (Working Fore) $106,864 $0 $26,574
Tracy Rogers (Member) $38,652 $0 $0
Steven Kelso (Member) $37,812 $0 $0
Odis Willingham (President) $37,392 $0 $0
Anthony Dillard (Member) $37,252 $0 $0
David Kelly (Member) $37,252 $0 $0
Casey Robinson (Member) $37,112 $0 $0
Dennis Bowen (Vice Preside) $36,972 $0 $0
James Dancer (Member) $36,825 $0 $0
David Blackburn (Member) $13,857 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,073,549
Expenses
$33,073,549
Net Income
$0
Net Assets
$37,955,223
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,732,711
99.0%
Investment Income $270,185
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $43,447
0.1%
Net Fundraising $0
Sales of Assets $23,750
0.1%
Net Inventory Sales $1,446
0.0%
Other Revenue $2,010
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $683,713
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $135,948
0.4%
Assets/Debt
Total Assets $64,037,525
Total Liabilities $26,082,302
Net Assets $37,955,223
Club or Co-Op Income
Income From Members $29,223,648
Income From Other Sources $3,391,861
Compensation
Key Employees and Officers Compensation Related Other
James Fox (Gm) $150,921 $0 $51,232
Larry Speaks (Gm/Retired) $144,087 $0 $3,150
Michael Green (Working Fore) $106,819 $0 $29,129
David Kelly (Member) $38,497 $0 $0
Dennis Bowen (Vice Preside) $38,357 $0 $0
Anthony Dillard (Member) $38,217 $0 $0
Odis Willingham (President) $38,077 $0 $0
Tracy Rogers (Member) $37,937 $0 $0
Casey Robinson (Member) $37,377 $0 $0
James Dancer (Member) $37,230 $0 $0
David Blackburn (Member) $30,981 $0 $0
Lloyd Owens (Sec/Treas) $24,724 $0 $0
Steven Kelso (Member) $12,926 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,979,303
Expenses
$29,359,660
Net Income
-$380,357
Net Assets
$36,515,824
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,414,632
91.1%
Investment Income $448,961
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $39,014
0.1%
Net Fundraising $0
Sales of Assets $5,578
0.0%
Net Inventory Sales -$1,437
Other Revenue $2,072,555
7.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $724,469
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $129,407
0.4%
Assets/Debt
Total Assets $59,900,289
Total Liabilities $23,384,465
Net Assets $36,515,824
Club or Co-Op Income
Income From Members $26,414,632
Income From Other Sources $2,527,829
Compensation
Key Employees and Officers Compensation Related Other
Larry Speaks (Gm) $224,747 $0 $61,798
James Fox (Assistant Gm) $113,242 $0 $39,257
Michael Green (Working Fore) $103,072 $0 $26,335
David Blackburn (Member) $37,416 $0 $0
Odis Willingham (President) $36,303 $0 $0
Dennis Bowen (Vice Preside) $36,303 $0 $0
James Dancer (Member) $36,156 $0 $0
Lloyd Owens (Sec/Treas) $36,153 $0 $0
Anthony Dillard (Member) $35,883 $0 $0
Tracy Rogers (Member) $21,573 $0 $0
David Kelly (Member) $21,433 $0 $0
Casey Robinson (Member) $21,153 $0 $0
Robert Shepard (Member) $3,052 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,560,998
Expenses
$30,337,216
Net Income
-$776,218
Net Assets
$36,227,956
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,663,147
93.6%
Investment Income $390,176
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $31,566
0.1%
Net Fundraising $0
Sales of Assets -$8,232
Net Inventory Sales -$1,118
Other Revenue $1,485,459
5.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $709,485
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $134,545
0.4%
Assets/Debt
Total Assets $60,536,356
Total Liabilities $24,308,400
Net Assets $36,227,956
Club or Co-Op Income
Income From Members $27,663,147
Income From Other Sources $1,888,166
Compensation
Key Employees and Officers Compensation Related Other
Larry Speaks (Gm) $214,062 $0 $56,337
Michael Green (Working Fore) $109,959 $0 $24,586
James Fox (Assistant Gm) $109,267 $0 $37,068
David Blackburn (Member) $37,120 $0 $0
Dennis Bowen (Vice Preside) $36,847 $0 $0
Odis Willingham (President) $36,707 $0 $0
Lloyd Owens (Sec/Treas) $36,278 $0 $0
Anthony Dillard (Member) $36,147 $0 $0
James Dancer (Member) $36,140 $0 $0
Ted Dosh (Member) $29,979 $0 $0
William Haddock (Member) $26,262 $0 $0
Robert Shepard (Member) $17,271 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,770,320
Expenses
$29,952,013
Net Income
-$1,181,693
Net Assets
$33,961,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,981,023
93.8%
Investment Income $248,164
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $35,322
0.1%
Net Fundraising $0
Sales of Assets $11,333
0.0%
Net Inventory Sales $4,890
0.0%
Other Revenue $1,489,588
5.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $694,534
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $256,940
0.9%
Assets/Debt
Total Assets $55,040,151
Total Liabilities $21,078,435
Net Assets $33,961,716
Club or Co-Op Income
Income From Members $26,981,023
Income From Other Sources $1,758,763
Compensation
Key Employees and Officers Compensation Related Other
Larry Speaks (Gm) $188,611 $0 $50,215
James Fox (Assistant Gm) $107,348 $0 $34,381
Chance Sinor (Area Service) $103,611 $0 $27,460
Michael Green (Working Fore) $102,877 $0 $22,992
Odis Willingham (President) $36,961 $0 $0
David Blackburn (Member) $35,693 $0 $0
Ted Dosh (Member) $34,717 $0 $0
Lloyd Owens (Sec/Treas) $34,711 $0 $0
Dennis Bowen (Vice Preside) $34,581 $0 $0
Robert Shepard (Member) $34,571 $0 $0
James Dancer (Member) $34,433 $0 $0
Anthony Dillard (Member) $34,301 $0 $0
William Haddock (Member) $34,011 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,317,050
Expenses
$33,000,072
Net Income
-$1,683,022
Net Assets
$31,334,246
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,630,591
94.6%
Investment Income $205,450
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,870
0.1%
Net Fundraising $0
Sales of Assets $33,650
0.1%
Net Inventory Sales $4,449
0.0%
Other Revenue $1,417,040
4.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $683,506
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,992,925
Total Liabilities $22,658,679
Net Assets $31,334,246
Club or Co-Op Income
Income From Members $29,630,591
Income From Other Sources $1,666,192
Compensation
Key Employees and Officers Compensation Related Other
Larry Speaks (Gm) $183,321 $0 $48,164
James Fox (Assitant Gm) $102,119 $0 $32,975
David Blackburn (Member) $36,317 $0 $0
Ted Dosh (Member) $35,203 $0 $0
Odis Willingham (President) $35,203 $0 $0
James Dancer (Member) $35,196 $0 $0
Lloyd Owens (Sec/Treas) $35,194 $0 $0
Anthony Dillard (Member) $35,063 $0 $0
Dennis Bowen (Vice Preside) $35,063 $0 $0
Robert Shepard (Member) $34,914 $0 $0
William Haddock (Member) $34,774 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,232,522
Expenses
$28,129,731
Net Income
-$897,209
Net Assets
$28,931,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,012,471
99.2%
Investment Income $162,763
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,870
0.1%
Net Fundraising $0
Sales of Assets $22,049
0.1%
Net Inventory Sales $8,371
0.0%
Other Revenue $998
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $681,420
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,614,923
Total Liabilities $23,683,446
Net Assets $28,931,477
Club or Co-Op Income
Income From Members $27,012,471
Income From Other Sources $225,784
Compensation
Key Employees and Officers Compensation Related Other
Larry Speaks (Gm) $176,988 $0 $51,889
James Foxx (Assitant Gm) $99,550 $0 $35,079
David Blackburn (Member) $37,284 $0 $0
Odis Willingham (Member) $35,188 $0 $0
James Dancer (Member) $35,181 $0 $0
Robert Shepard (President) $35,179 $0 $0
Lloyd Owens (Sec/Treas) $35,179 $0 $0
Anthony Dillard (Member) $35,048 $0 $0
Ted Dosh (Member) $35,048 $0 $0
Dennis Bowen (Member) $35,048 $0 $0
William Haddock (Vice Preside) $34,759 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,109,344
Expenses
$24,656,434
Net Income
-$547,090
Net Assets
$26,958,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $23,975,845
99.4%
Investment Income $98,170
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,489
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $6,706
0.0%
Other Revenue $134
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $577,756
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,435,352
Total Liabilities $20,477,245
Net Assets $26,958,107
Club or Co-Op Income
Income From Members $23,975,845
Income From Other Sources $140,519

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,933,544
Expenses
$26,379,652
Net Income
-$446,108
Net Assets
$26,453,870
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,795,668
99.5%
Investment Income $94,412
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $28,489
0.1%
Net Fundraising $0
Sales of Assets $7,219
0.0%
Net Inventory Sales $7,672
0.0%
Other Revenue $84
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $513,146
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $47,713,825
Total Liabilities $21,259,955
Net Assets $26,453,870
Club or Co-Op Income
Income From Members $25,795,668
Income From Other Sources $142,523

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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 »

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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.
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  • 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.

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