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
2023-12-01
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
$13,189,954
2023
Total expenses
$12,619,217
2023
Total assets
$44,485,689
2023
Num. employees
34
2023

Program areas at Southwest Iowa REC

We distributed electric energy to 6,055 member-consumers of rural residential, small commercial, large power and public authority users in a manner consistent with sound business practices. We installed 59 new services and retired 28 services. We added 20.82 miles of overhead line and retired 17.53 miles of overhead line. We installed 1.55 miles of underground line and retired 0.29 miles of underground line.

Personnel at Southwest Iowa REC

NameTitleCompensation
Phil KinserChief Executive Officer$175,769
Justin MurphyDirector of Operations$100,712
Sarah NewtonDirector of Finance and Administrative Services
Tim PfeifferDirector of Member Services

Financials for Southwest Iowa REC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$12,441,515
Investment income and dividends$61,549
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$33,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$25,137
Miscellaneous revenues$628,753
Total revenues$13,189,954

Form 990s for Southwest Iowa REC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-12990View PDF
2022-122023-06-13990View PDF
2021-122022-05-02990View PDF
2020-122021-05-14990View PDF
2019-122021-07-21990OView PDF
...and 8 more Form 990s

Organizations like Southwest Iowa REC

OrganizationLocationRevenue
Butler County Rural Electric CooperativeAllison, IA$34,257,753
Gulf Coast Electric CooperativeWewahitchka, FL$64,847,113
Arrowhead Electric CooperativeLutsen, MN$17,446,971
Tri-County Electric Cooperative / Aaron Young MBRMansfield, PA$45,897,232
Escambia River Electric Cooperative (EREC)Jay, FL$33,191,393
Minnesota Valley Cooperative Light and Power AssociationMontevideo, MN$25,650,557
Southern Rivers Energy Attn Tony Caldwell (SRE)Barnesville, GA$54,913,307
Naknek Electric AssociationNaknek, AK$13,669,699
Rusk County Electric CooperativeHenderson, TX$63,340,914
Maquoketa Valley Rural Electric CooperativeAnamosa, IA$44,002,907
Data update history
November 3, 2024
Updated personnel
Identified 1 new personnel
August 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 1, 2024
Updated personnel
Identified 3 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
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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