NonprofitsSouthern Iowa Electric Cooperative Inc

Southern Iowa Electric Cooperative Inc

BLOOMFIELD, IA

Total revenue

$15.5M

Total expenses

$15.5M

Net assets

$26.2M

Grants received

EIN

420536190

Tax year

2024

Mission

Providing safe, reliable electricity.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$14.7M
Investment income$113K
Other revenue$729K
Total revenue$15.5M

Expenses

Grants paid
Salaries & benefits$424K
Fundraising
Other expenses$14.3M
Total expenses$15.5M
Total assets$60.2M
Net assets$26.2M

People

11 listed

NameRoleCompensation

GREG PROCTOR

MANAGER/CEO

Board

$178K

50 hrs/wk

ROSS HUNTER

COO

Board

$109K

45 hrs/wk

TRAVIS HARRIS

VICE PRESIDENT

Board

$5K

4 hrs/wk

DARRELL DOWNING

PRESIDENT

Board

$3K

7 hrs/wk

EARL TRACHSEL

SECRETARY

Board

$2K

4 hrs/wk

DAVID YAHNKE

TREASURER

Board

$2K

4 hrs/wk

RYAN DAVIS

DIRECTOR

Board

$2K

1 hrs/wk

JASON WELLS

DIRECTOR

Board

$2K

1 hrs/wk

SUSAN KNAPP

DIRECTOR

Board

$2K

2 hrs/wk

ALAN BODKINS

DIRECTOR

Board

$540

4 hrs/wk

JAMES SCHOOLEY

DIRECTOR

Board

$540

4 hrs/wk

Independent contractors

KIOWA LINE BUILDERS INC

POWER LINE CONTRUCTION CONTRACTORS

$1.8M

CR ENVIRONMENTAL

RIGHT OF WAY CLEARING

$383K

WA KENDALL AND COMPANY LLC

RIGHT OF WAY CLEARING

$315K

Details

EIN420536190
Subsection12
Ruling date1942-03
Formed1939
Employees31
Volunteers0
SOUTHERN IOWA ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo