EIN 54-0387895

Southside Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
155
City
Crewe
Year formed
1937
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Southside Electric Cooperative distributes electricity safely and effectively to its members. It prioritizes the safe and effective distribution of electricity, with its largest program services being the cost of power, other salaries and wages, and depreciation.
Total revenues
$136,136,571
2023
Total expenses
$133,137,908
2023
Total assets
$366,924,000
2023
Num. employees
155
2023

Program areas at Southside Electric Cooperative

Safe and effective distribution of electricity to the members of the Cooperative. The three largest program services as measured by expenses were as follows: cost of power 74,492,028 other salaries and wages 14,989,439 depreciation and amortization 13,534,239

Grants made by Southside Electric Cooperative

GranteeGrant descriptionAmount
Southside Opportunity FundScholarships$8,000

Who funds Southside Electric Cooperative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater Richmond and PetersburgDonor Directs Funds(designations) for Energy Share$77,611

Financials for Southside Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$135,345,450
Investment income and dividends$188,390
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$602,731
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$136,136,571

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Data update history
April 24, 2025
Received grants
Identified 1 new grant, including a grant for $77,611 from United Way of Greater Richmond and Petersburg
February 22, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 15, 2025
Updated personnel
Identified 2 new personnel
January 15, 2025
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $135,323 from United Way of Greater Richmond and Petersburg
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
Post Office Box 7
Crewe, VA 23930
County
Nottoway County, VA
Website URL
sec.coop/ 
Phone
(434) 645-7721
IRS details
EIN
54-0387895
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
Independent
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