EIN 54-0387895

Southside Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
156
City
Crewe
Year formed
1937
Most recent tax filings
2022-12-01
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
$143,326,007
2022
Total expenses
$140,129,074
2022
Total assets
$358,996,187
2022
Num. employees
156
2022

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 74,285,870 other salaries and wages 14,996,859 depreciation and amortization 13,045,674

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$140,516

Personnel at Southside Electric Cooperative

NameTitleCompensation
Jason LoehrPresident and Chief Executive Officer$310,560
Carol MyersChief Financial Officer$215,374
Brad FurrV.P Operations / Vice President Operations / Director of Operations$165,982
George FeltsV.P Engineering / Vice President Engineering / Vice President Eng and Oper. / Manager Eng and Oper.$395,248
Jacob McCannVice President Human Resources / V.P Human Resources$205,179
...and 7 more key personnel

Financials for Southside Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,497,764
Program services$138,168,967
Investment income and dividends$99,364
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$553,699
Net gain from sale of non-inventory assets$6,213
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$143,326,007

Form 990s for Southside Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2018-122020-01-14990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like Southside Electric Cooperative

OrganizationLocationRevenue
Southern Maryland Electric CooperativeHughesville, MD$558,196,918
Midwest EnergyHays, KS$247,394,171
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$186,063,964
Jackson County Rural Electric Membership CorporationBrownstown, IN$71,731,324
Energyunited Electric Membership CorporationStatesville, NC$283,002,756
Dixie Electric Membership CorporationBaton Rouge, LA$316,976,547
West Kentucky Rural Electric Cooperative CorporationMayfield, KY$101,104,837
Tideland Electric Membership CorporationPantego, NC$52,138,305
East Mississippi Electric Power AssociationMeridian, MS$82,434,057
Buckeye Rural Electric CooperativeRio Grande, OH$45,001,606
Data update history
January 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 5, 2024
Updated personnel
Identified 2 new personnel
December 26, 2023
Used new vendors
Identified 2 new vendors, including , and
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
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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