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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 Iowa Electric Cooperative Inc.

Southern Iowa Electric Cooperative Inc.

Fiscal year ending 2023. Filed on June 28, 2024.

PO Box 70
Bloomfield, Iowa 52537

Southern Iowa Electric Cooperative Inc. (EIN: 42-0536190) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Southern Iowa Electric Cooperative Inc., a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 2 out of 27 total employees. Among the employees shown here, the average compensation is $182,827. The highest compensated employee at Southern Iowa Electric Cooperative Inc. is Greg Proctor with fiscal year 2023 compensation of $208,895.

Revenue, expenses, and employee compensation

Revenue

$14,685,046

Expenses

$14,685,149

Employee compensation

$386,893
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Greg Proctor
Manager and Chief Executive Officer
$208,895
$148,660 No related comp$60,235
Ross Hunter
Chief Operating Officer
$156,758
$104,031 No related comp$52,727

Benchmark Employee Compensation

Non-Employee Board Members

Travis Harris
Vice President
$4,320
$4,320 No related compNo other comp
Earl Trachsel
Secretary
$3,240
$3,240 No related compNo other comp
Darrell Downing
President
$2,520
$2,520 No related compNo other comp
Susan Knapp
Director
$1,800
$1,800 No related compNo other comp
Jason Wells
Director
$1,800
$1,800 No related compNo other comp
David Yahnke
Treasurer
$1,800
$1,800 No related compNo other comp
Trent Gregory
Director
$1,800
$1,800 No related compNo other comp
Rodney Reck
Director
$1,800
$1,800 No related compNo other comp
Fred Zeitler
Director
$1,620
$1,620 No related compNo other comp
Ryan Davis
Director
$540
$540 No related compNo other comp

Contractors

WA Kendall & Company LLC
Right of Way Clearing
$156,954
Toms Tree Service
Right of Way Clearing
$136,158

Mission Statement

PROVIDING SAFE, RELIABLE ELECTRICITY.

Revisions to this organization profile

June 28, 2024:
2023 Southern Iowa Electric Cooperative Inc. 990 filed
July 14, 2023:
2022 Southern Iowa Electric Cooperative Inc. 990 filed
July 14, 2022:
2021 Southern Iowa Electric Cooperative Inc. 990 filed

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