NonprofitsSumter Electric Cooperative Inc

Sumter Electric Cooperative Inc

SUMTERVILLE, FL

Total revenue

$523.5M

Total expenses

$503.4M

Net assets

$403.6M

Grants received

EIN

590469125

Tax year

2024

Mission

As a not-for-profit cooperative, seco energy provides reliable and innovative energy services to our members and communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$522.9M
Investment income$619K
Other revenue$30K
Total revenue$523.5M

Expenses

Grants paid$36K
Salaries & benefits$8.4M
Fundraising
Other expenses$491.0M
Total expenses$503.4M
Total assets$1.4B
Net assets$403.6M

People

28 listed

NameRoleCompensation

CURTIS WYNN

CEO

Board

$1.1M

60 hrs/wk

SHANNON WRIGHT

TRUSTEE

Board

$46K

10 hrs/wk

GERALD ANDERSON

TRUSTEE - PRESIDENT

Board

$43K

15 hrs/wk

JOSEPH KUSIAK

TRUSTEE

Board

$39K

10 hrs/wk

MORGAN HATFIELD

TRUSTEE - SEC/TREAS

Board

$38K

10 hrs/wk

MICHAEL MUFFETT

TRUSTEE

Board

$37K

10 hrs/wk

JOYCE ANDERSON

TRUSTEE

Board

$35K

10 hrs/wk

SCOTT BOYATT

TRUSTEE - VICE PRES

Board

$31K

10 hrs/wk

MARTIN PROCTOR

TRUSTEE - BEG 3/24

Board

$29K

16 hrs/wk

JAMES LAMOTTE

TRUSTEE - BEG 4/24

Board

$25K

10 hrs/wk

WILLIAM JAMES JR

TRUSTEE - THRU 2/24

Board

$5K

10 hrs/wk

RICHARD DENNISON

TRUSTEE - THRU 1/24

Board

$751

10 hrs/wk

JOHN LASELVA

COO

Staff

$862K

60 hrs/wk

GREGGORY H MORRELL

CCSO

Staff

$706K

60 hrs/wk

BENJAMIN DAWSON

COO - INTERIM

Staff

$457K

50 hrs/wk

ANH REYNOLDS

VP - FIN & ADMIN SVC

Staff

$409K

65 hrs/wk

TRACY DE LEMOS

VP CORP GEN COUNSEL

Staff

$398K

55 hrs/wk

LONNIE W PENNINGTON

VP RELIABILITY & OPERATIONS

Staff

$364K

55 hrs/wk

COREY JAMES PRICE

LINE TECH-1ST CLASS

Staff

$289K

60 hrs/wk

APRIL BROWN

VP OF HUMAN RESOURCES & CORP SVCS

Staff

$279K

50 hrs/wk

JERRY T BROWN

DIRECTOR OF SYSTEM OPERATIONS

Staff

$267K

50 hrs/wk

RONALD V SUMMERS

DIRECTOR OF TECHNICAL SERVICES

Staff

$263K

40 hrs/wk

KATHRYN E GLORIA

VP COR COMM & ENG SV

Staff

$255K

50 hrs/wk

MARK R BOWLING

DISTRIBUTION SUPERINTENDENT

Staff

$253K

50 hrs/wk

RALPH LEE GRANT

VP OF ENGINEERING

Staff

$227K

45 hrs/wk

SHAUN T LAMAR

MGR OF INF TECH

Staff

$222K

50 hrs/wk

KATHY D JUDKINS

VP OF COMMUNICATIONS, COMMUNITY & MEMBER EXP

Staff

$206K

50 hrs/wk

JAMES P DUNCAN

FORMER CEO

Staff

$139K

0

Independent contractors

IVY H SMITH COMPANY LLC

UNDERGROUND LINES

$24.1M

WRIGHT TREE SERVICE INC

VEGETATION MGMT

$18.2M

PIKE ELECTRIC LLC

OVERHEAD LINES

$11.7M

COLLECTIVE STRATEGIC RESOURCES LLC

OVERHEAD LINES

$4.6M

TEMPEST ENERGY LLC

VEGETATION MGMT/OVERHEAD LINES

$4.3M

Details

EIN590469125
Subsection12
Ruling date1939-09
Formed1938
Employees501
Volunteers0
SUMTER ELECTRIC COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo