Cause IQ organization profile

Sumter Electric Cooperative

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Sumter Electric Cooperative is a public utility based in Sumterville, FL that was founded in 1938. As of 2019 they had $394 million in revenue and $838 million in assets.

To satisfy customers by providing reliable competitively priced electricity and related services in a financially sound manner.

EIN:
59-0469125
City:
State:
Metro:
Website:
Founded:
1938
Type:
501(c)(12)
NTEE:
Revenue:
$394,595,639
Assets:
$838,159,410
Employees:
451
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Sumter Electric Cooperative

Sale and distribution of electricity to 205,644 accounts in the Cooperative's service area.

Form 990s for Sumter Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 23, 2020990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Mar 14, 2018990View PDF
2015-12Apr 12, 2017990OView PDF
2014-12Sep 23, 2015990OView PDF
...and five more Form 990 PDFs

Financials for Sumter Electric Cooperative

Field2018
Total grants, contributions, etc.$54,885
Program services$393,334,437
Investment income and dividends$899,223
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$35,158
Net gain from sale of non-inventory assets$271,936
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$394,595,639

Vendors for Sumter Electric Cooperative

VendorServicesAmount paidDate
WordPressContent management system software2020-03-04
███ ██████████ ██████████ ██████Insurance2019-12-31
████ █████████ ████████ ███Insurance agent or broker$8,6552019-12-31
██████ █████████ ███████Insurance2019-12-31
██████ ██ █████ ████ █████████ ███████Insurance2019-12-31
████████ ████ ███ ████████Insurance2019-12-31
████████ ████████ ████ █████████ ███████Insurance2019-12-31
██████ ██ █████ █████████ ███████Insurance2019-12-31
...and 13 more vendors

Personnel at Sumter Electric Cooperative

NameTitleCompensationMost recent data
James P. "Jim" DuncanChief Executive Officer$796,876Oct. 29, 2020
Gene KanikovskyChief Financial Officer-Oct. 29, 2020
████ ███████Vice President of Operations$357,211Oct. 29, 2020
████ █████Vice President of Engineering-Oct. 29, 2020
█████ ██ ████████Trustee - Vice President$20,494Oct. 29, 2020
█████ █ ██████Trustee - Secretary$27,493Dec. 31, 2016
███ █ ████Trustee - President$33,992Dec. 31, 2016
██████ ██████████Past Chief Financial Officer$306,756Dec. 31, 2016

Peer public utilities

 NameTypeRevenueLocation
1Clay Electric Cooperative501(c)(12)$381 millionKeystone Heights, FL
2Lee County Electric Cooperative (LCEC)501(c)(12)$425 millionNorth Fort Myers, FL
3Four County Electric Membership Corporation501(c)(12)$101 millionBurgaw, NC
4Palmetto Electric Cooperative501(c)(12)$176 millionRidgeland, SC
5Central Power Electric Cooperative501(c)(12)$190 millionMinot, ND
6Southern Pine Electric501(c)(12)$209 millionTaylorsville, MS
7Joe Wheeler Electric Membership Corporation501(c)(12)$158 millionTrinity, AL
8The Satilla Rural Electric Membership Corporation501(c)(12)$120 millionAlma, GA
9Walton EMC501(c)(12)$314 millionMonroe, GA
10Meriwether Lewis Electric Cooperative501(c)(12)$104 millionCenterville, TN
11Homer Electric Association501(c)(12)$98 millionHomer, AK
12Aiken Electric Cooperative501(c)(12)$124 millionAiken, SC
13Great Lakes Energy Cooperative501(c)(12)$209 millionBoyne City, MI
14Central Electric Power Cooperative501(c)(12)$1.3 billionColumbia, SC
15Choctawhatchee Electric Cooperative (CHELCO)501(c)(12)$115 millionDefuniak Springs, FL
16Withlacoochee River Electric Cooperative501(c)(12)$484 millionDade City, FL
17Horry Electric Cooperative501(c)(12)$173 millionConway, SC
18Georgia Energy Cooperative501(c)(12)$194 millionTucker, GA
19Singing River Electric Cooperative501(c)(12)$161 millionLucedale, MS
20Nebraska Electric G and T Cooperative501(c)(12)$245 millionColumbus, NE
21Coweta-Fayette Emc501(c)(12)$183 millionPalmetto, GA
22East Central Energy501(c)(12)$127 millionBraham, MN
23GreyStone Power Corporation501(c)(12)$305 millionDouglasville, GA
24Upper Missouri Power Cooperative501(c)(12)$626 millionSidney, MT
25Kauai Island Utility Cooperative501(c)(12)$165 millionLihue, HI