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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Southern Illinois Power Cooperative

Southern Illinois Power Cooperative

Fiscal year ending 2024. Filed on November 14, 2025.

11543 Lake Of Egypt Road
Marion, Illinois 62959

Southern Illinois Power Cooperative (EIN: 37-0801403) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Southern Illinois Power Cooperative, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 12 out of 80 total employees. Among the employees shown here, the average compensation is $315,575. The highest compensated employee at Southern Illinois Power Cooperative is Paul Furtak with fiscal year 2024 compensation of $680,716.

Revenue, expenses, and employee compensation

Revenue

$194,965,826

Expenses

$188,487,999

Employee compensation

$20,710,092
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Paul Furtak
President and Chief Executive Officer
$680,716
$514,005 No related comp$166,711
Wendell Watson
Director of Environmental
$358,772
$212,324 No related comp$146,448
Larry Burns
Vice President Markets and Power Delivery
$344,053
$202,797 No related comp$141,256
Ashley McCuan
Vice President of Power SU
$336,390
$200,209 No related comp$136,181
Robert Conn
Manager Generation and FUEL
$336,247
$197,800 No related comp$138,447
Gary Chamness
Shift Foreman
$260,601
$173,902 No related comp$86,699
James Cozart
Shift Foreman
$259,817
$172,972 No related comp$86,845
Corina Horn
Vice President Finance and Administration/Cfo
$249,403
$172,394 No related comp$77,009
Ryan Berry
Operations Superintendent
$244,863
$159,143 No related comp$85,720
Michael Stewart
Maintenance Superintendent
$244,854
$159,129 No related comp$85,725
Justin Bonner
Control Operator
$238,493
$157,420 No related comp$81,073
Billie Holshouser
Manager of Human Resources
$232,690
$153,327 No related comp$79,363

Benchmark Employee Compensation

Non-Employee Board Members

William Littrell
Director
$16,800
$16,800 No related compNo other comp
Bob Pierson
Director
$16,100
$16,100 No related compNo other comp
Randall Rushing
Director
$14,700
$14,700 No related compNo other comp
Cary Dickinson
Director
$14,700
$14,700 No related compNo other comp
Dale Schierbaum
Director
$14,000
$14,000 No related compNo other comp
Richard Rister
Director
$13,300
$13,300 No related compNo other comp
Steve Prest
Director
$13,300
$13,300 No related compNo other comp
Stephen Kalmer
Director
$13,300
$13,300 No related compNo other comp
Ken Jarrett
Director
$12,600
$12,600 No related compNo other comp
Richard Rudolphi
Director
$12,600
$12,600 No related compNo other comp
James Scherrer
Director
$11,900
$11,900 No related compNo other comp
Kathy Withers
Director
$11,900
$11,900 No related compNo other comp

Contractors

Greg's Truck Service
Trucking
$2,484,342
Bh Electric LLC
Mechanical Labor/Repairs
$1,583,238
Scheck Industrial Corp.
Mechanical Labor/Repairs
$1,345,686
Intren
Mechanical Labor/Repairs
$1,191,892
Triangle Enterprises
Mechanical Labor/Repairs
$867,330

Mission Statement

TO DELIVER TO OUR MEMBER SYSTEMS, HIGHLY RELIABLE, REASONABLY-PRICED AND ENVIRONMENTALLY RESPONSIBLE WHOLESALE POWER, FOR THE BENEFIT OF THEIR MEMBERS AND THEIR COMMUNITIES.

Revisions to this organization profile

November 14, 2025:
2024 Southern Illinois Power Cooperative 990 filed
October 4, 2024:
2023 Southern Illinois Power Cooperative 990 filed
September 26, 2023:
2022 Southern Illinois Power Cooperative 990 filed

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