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EIN 52-0492367

Southern Maryland Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
571
City
Hughesville
State
Maryland
Year formed
1937
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
Southern Maryland Electric Cooperative is a provider of safe and effective distribution of electricity that is located in Hughesville, MD. The three largest expenses for the program are cost of power ($241,755,040), depreciation ($38,990,820) and other salaries and wages ($45,717,205).
Total revenues
$558,196,918
2022
Total expenses
$551,662,359
2022
Total assets
$1,212,996,814
2022
Num. employees
571
2022

Program areas at Southern Maryland Electric Cooperative

Safe and effective delivery of electricity to the members of Southern Maryland Electric Cooperative. The three largest program expenses were:Cost of power $328,871,292Depreciation $44,275,730Other Salaries and Wages $51,548,483

Personnel at Southern Maryland Electric Cooperative

NameTitleCompensation
Sonja M CoxPresident and Chief Executive Officer$697,696
Kenneth M CappsSenior Vice President , Engineering and Operations and Chief Operating Officer / Senior Vice President and Chief Operating Officer$59,409
Roger E. SchneiderSenior Vice President , Engineering and Operations , and Chief Operating Officer$389,970
Beth A. KennedySenior Vice President , Financial Services and Chief Financial Officer$304,029
Joseph TrentacostaSenior Vice President , Customer and Enterprise Services , and Chief Information Officer$484,199
...and 15 more key personnel

Financials for Southern Maryland Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$552,873,580
Investment income and dividends$67,165
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,478,653
Net gain from sale of non-inventory assets$-55,365
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,832,885
Total revenues$558,196,918

Form 990s for Southern Maryland Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-13990View PDF
2020-122021-10-20990View PDF
2019-122021-06-08990View PDF
2018-122019-12-20990View PDF
...and 10 more Form 990s

Organizations like Southern Maryland Electric Cooperative

OrganizationLocationRevenue
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
Choptank Electric CooperativeDenton, MD$164,513,922
Powder River Energy CorporationSundance, WY$176,963,725
South Plains Electric CooperativeLubbock, TX$208,235,314
Golden Valley Electric AssociationFairbanks, AK$290,488,698
Jones-Onslow Electric Membership Corporation (JOEMC)Jacksonville, NC$152,637,282
Brunswick Electric Membership CorporationShallotte, NC$218,662,307
South Central Power CompanyLancaster, OH$369,451,843
First Electric Cooperative CorporationJacksonville, AR$273,232,530
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 3 new personnel
December 26, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 1937
Hughesville, MD 20637
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Charles County, MD
Website URL
smeco.coop/ 
Phone
(301) 274-4328
Facebook page
SMECO.coop 
Twitter profile
@somdelectric 
IRS details
EIN
52-0492367
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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