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EIN 42-1445092

East-Central Iowa Rural Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
37
City
Urbana
State
Iowa
Year formed
1995
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
East-Central Iowa Rural Electric Cooperative provides electric energy service to approximately 7,220 members across 10 counties in East-Central Iowa. Its primary mission is to deliver the best possible electrical service to its members at the lowest possible cost. The cooperative's revenue for 2021 came mostly from providing electricity and electric services to its members, which represented 99% of their total revenue.
Total revenues
$27,019,653
2023
Total expenses
$24,583,806
2023
Total assets
$86,999,273
2023
Num. employees
37
2023

Program areas at East-Central Iowa Rural Electric Cooperative

Provision of electricity and Electric services to the Cooperative's 7,240 members. This represents 99% of the total revenue for the Cooperative for 2023.

Personnel at East-Central Iowa Rural Electric Cooperative

NameTitleCompensation
Teresa FloydChief Executive Officer$172,574
Thomas SchmittOperations Manager$120,569
Nathan GroomInformation Systems Manager$101,318
Braxton ClubbLineworker$104,446
Ryan KressSecretary and Treasurer$5,370
...and 6 more key personnel

Financials for East-Central Iowa Rural Electric Cooperative

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$25,644,494
Investment income and dividends$95,536
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-5,143
Miscellaneous revenues$1,284,766
Total revenues$27,019,653

Form 990s for East-Central Iowa Rural Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-22990View PDF
2022-122023-06-05990View PDF
2021-122022-08-15990View PDF
2020-122021-06-30990View PDF
2019-122020-12-22990View PDF
...and 10 more Form 990s

Organizations like East-Central Iowa Rural Electric Cooperative

OrganizationLocationRevenue
Escambia River Electric Cooperative (EREC)Jay, FL$31,915,839
Spoon River Electric CooperativeCanton, IL$11,269,227
Black Warrior Electric Membership CorporationDemopolis, AL$49,996,338
Arrowhead Electric CooperativeLutsen, MN$16,310,489
Grady Electric Membership CorporationCairo, GA$52,006,596
Barton County Electric CoopLamar, MO$20,568,142
Claverack Rural Electric CooperativeWysox, PA$29,387,147
Northfork Electric CooperativeSayre, OK$23,968,531
Empire Electric AssociationCortez, CO$61,345,793
Southern Iowa Electric CooperativeBloomfield, IA$14,685,046
Data update history
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Updated personnel
Identified 2 new personnel
February 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 248
Urbana, IA 52345
Metro area
Cedar Rapids, IA
County
Benton County, IA
Website URL
ecirec.coop/ 
Phone
(319) 443-3570
IRS details
EIN
42-1445092
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
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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