EIN 20-0538386

Southwest Iowa REC

IRS 501(c) type
501(c)(12)
Num. employees
34
City
Corning
State
Year formed
2004
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Southwest Iowa REC distributes electric energy to 6,028 member-consumers of rural residential, small commercial, large power and public authority users in a manner consistent with sound business practices. They have a mission to distribute electric energy in this way. Throughout the year they installed 66 new services and retired 60 services, while also adding 19.5.
Also known as...
Doing Business As Southwest Iowa Rec
Total revenues
$13,250,356
2022
Total expenses
$12,995,080
2022
Total assets
$42,589,931
2022
Num. employees
34
2022

Program areas at Southwest Iowa REC

We distribute electric energy to 6,028 member-consumers of rural residential, small commercial, large power and public authority users in a manner consistent with sound business practices. We installed 66 new services and retired 60 services. We added 19.52 miles of overhead line and retired 18.14 miles of overhead line. We installed 1.77 miles of underground line and retired 0.12 miles of underground line.

Personnel at Southwest Iowa REC

NameTitleCompensation
Phil KinserChief Executive Officer$168,407
Duane SchaferDirector of Operations$101,907
Sarah NewtonDirector of Finance and Administrative Services
Tim PfeifferDirector of Member Services
Marilyn WernerPresident$6,975
...and 5 more key personnel

Financials for Southwest Iowa REC

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$12,808,231
Investment income and dividends$57,378
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$53,564
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$31,081
Miscellaneous revenues$300,102
Total revenues$13,250,356

Form 990s for Southwest Iowa REC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-13990View PDF
2021-122022-05-02990View PDF
2020-122021-05-14990View PDF
2019-122021-07-21990OView PDF
2018-122019-07-25990OView PDF
...and 7 more Form 990s

Organizations like Southwest Iowa REC

OrganizationLocationRevenue
South Iowa Municipal Electric Cooperative Association (SIMECA)Greenfield, IA$13,699,319
Attleboro Corporate Center AssociationAttleboro, MA$6,470,436
Butler County Rural Electric CooperativeAllison, IA$32,954,885
Escambia River Electric Cooperative (EREC)Jay, FL$31,915,839
Southwest Mississippi Electric Power AssociationLorman, MS$62,434,062
Slope Electric CooperativeNew England, ND$26,292,159
Western Iowa Power CooperativeDenison, IA$14,883,426
Southern Rivers Energy Attn Tony Caldwell (SRE)Barnesville, GA$54,913,307
Kandiyohi Power CooperativeSpicer, MN$22,281,330
Fergus Electric CooperativeLewistown, MT$29,316,943
Data update history
July 27, 2023
Updated personnel
Identified 1 new personnel
July 23, 2023
Used new vendors
Identified 1 new vendor, including
June 6, 2023
Updated personnel
Identified 4 new personnel
May 14, 2023
Used new vendors
Identified 1 new vendor, including
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
Human servicesPublic safety
Characteristics
State / local levelReceives government funding
General information
Address
1801 Grove Ave
Corning, IA 50841
County
Adams County, IA
Website URL
swiarec.coop/ 
Phone
(888) 220-4869
IRS details
EIN
20-0538386
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
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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