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  4. Sumter Electric Cooperative
EIN 59-0469125

Sumter Electric Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
480
City
Sumterville
State
Florida
Year formed
1938
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
To satisfy customers by providing reliable competitively priced electricity and related services in a financially sound manner. As a not-for-profit Cooperative, seco energy provides reliable and innovative energy services to our members and communities.
Total revenues
$537,389,478
2022
Total expenses
$526,256,107
2022
Total assets
$1,126,136,135
2022
Num. employees
480
2022

Program areas at Sumter Electric Cooperative

Sale and distribution of electricity to 231,085 accounts in the Cooperative's service area.

Grants made by Sumter Electric Cooperative

GranteeGrant descriptionAmount
United Way of Lake and Sumter CountiesSee SCH. I, Part Iv$31,000
United Way of Marion CountySee SCH. I, Part Iv$21,500
United Way of Citrus CountySee SCH. I. Part Iv$13,000

Personnel at Sumter Electric Cooperative

NameTitleCompensation
Curtis WynnChief Executive Officer$696,900
Ben DawsonInterim Chief Operating Officer
John LaSelvaChief Operating Officer$502,592
Eugene KanikovskyChief Financial Officer$447,859
Wayne PenningtonVice President , Operations
...and 20 more key personnel

Financials for Sumter Electric Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$59,679
Program services$536,877,881
Investment income and dividends$248,279
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$33,625
Net gain from sale of non-inventory assets$169,663
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$351
Miscellaneous revenues$0
Total revenues$537,389,478

Form 990s for Sumter Electric Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-26990View PDF
2021-122022-09-21990View PDF
2020-122021-11-11990View PDF
2019-122021-06-08990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s

Organizations like Sumter Electric Cooperative

OrganizationLocationRevenue
Lee County Electric Cooperative (LCEC)North Fort Myers, FL$626,227,197
McKenzie Electric CooperativeWatford City, ND$401,082,882
Attn Phyllis ReddJackson, GA$159,172,579
Attn Michelle Fortner CFOMarietta, GA$472,050,608
Cullman Electric CooperativeCullman, AL$145,062,218
Kauai Island Utility CooperativeLihue, HI$175,641,835
Singing River Electric CooperativeLucedale, MS$186,068,369
Clay Electric CooperativeKeystone Heights, FL$477,827,474
Flint Electric Membership CorporationReynolds, GA$250,834,907
Beauregard Electric CooperativeDeridder, LA$160,949,998
Data update history
April 20, 2024
Updated personnel
Identified 1 new personnel
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 29, 2023
Updated personnel
Identified 3 new personnel
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local levelReceives government funding
General information
Address
PO Box 301
Sumterville, FL 33585
Metro area
The Villages, FL
County
Sumter County, FL
Website URL
secoenergy.com/ 
Phone
(352) 793-3801
IRS details
EIN
59-0469125
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1938
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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