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Employer Identification Number 59-0469125

SUMTER ELECTRIC COOPERATIVE, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SUMTER ELECTRIC COOPERATIVE, INC.
Employer identification number (EIN):59-0469125
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:221100
401k Pension/Benefits registration SUMTER ELECTRIC COOPERATIVE, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationFLorida, FL

Organization Overview

Mission StatementTO SATISFY CUSTOMERS BY PROVIDING RELIABLE COMPETITIVELY PRICED ELECTRICITY AND RELATED SERVICES IN A FINANCIALLY SOUND MANNER.
Number of Employees435
Number of Volunteers0
Year Formed1938

Organization Governance

Legal DomicileFL
Voting Members - Governing Body9
Voting Members - Independent9

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 30,472
Net unrelated business incomeUSD $ 26,425
Program Service Revenue from prior yearUSD $ 482,323,611
Program Service Revenue from current yearUSD $ 522,892,624
Investment Income from prior yearUSD $ 634,321
Investment Income from current yearUSD $ 619,381
Other Revenue from prior yearUSD $ 30,453
Other Revenue from current yearUSD $ 30,472
Gross receipts from all sourcesUSD $ 523,581,472
Net assets / fund balances at end of fiscal yearUSD $ 403,608,022
Net assets / fund balances at beginning of fiscal yearUSD $ 366,937,585
Total liabilities at end of fiscal yearUSD $ 1,009,422,747
Total liabilities at beginning of fiscal yearUSD $ 856,344,054
Total assets at end of fiscal yearUSD $ 1,413,030,769
Total assets at beginning of fiscal yearUSD $ 1,223,281,639
Revenues less expenses for current yearUSD $ 20,179,425
Revenues less expenses for previous yearUSD $ 10,520,057
Total expenses for current yearUSD $ 503,363,052
Total expenses for previous yearUSD $ 472,468,328
Other expenses in current yearUSD $ 491,018,401
Other expenses in previous yearUSD $ 461,281,640
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 8,387,361
Employee salary and benefits paid in previous yearUSD $ 6,971,964
Benefits paid to or for members in current yearUSD $ 3,921,290
Benefits paid to or for members in previous yearUSD $ 4,191,224
Grants and similar amounts paid in current yearUSD $ 36,000
Grants and similar amounts paid in previous yearUSD $ 23,500
Total revenue in current fiscal yearUSD $ 523,542,477
Total revenue in previous fiscal yearUSD $ 482,988,385
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2023-12-31
Total unrelated business incomeUSD $ 30,453
Net unrelated business incomeUSD $ 26,408
Program Service Revenue from prior yearUSD $ 536,877,881
Program Service Revenue from current yearUSD $ 482,323,611
Investment Income from prior yearUSD $ 417,942
Investment Income from current yearUSD $ 634,321
Other Revenue from prior yearUSD $ 33,976
Other Revenue from current yearUSD $ 30,453
Gross receipts from all sourcesUSD $ 483,133,066
Net assets / fund balances at end of fiscal yearUSD $ 366,937,585
Net assets / fund balances at beginning of fiscal yearUSD $ 343,123,144
Total liabilities at end of fiscal yearUSD $ 856,344,054
Total liabilities at beginning of fiscal yearUSD $ 783,012,991
Total assets at end of fiscal yearUSD $ 1,223,281,639
Total assets at beginning of fiscal yearUSD $ 1,126,136,135
Revenues less expenses for current yearUSD $ 10,520,057
Revenues less expenses for previous yearUSD $ 11,133,371
Total expenses for current yearUSD $ 472,468,328
Total expenses for previous yearUSD $ 526,256,107
Other expenses in current yearUSD $ 461,281,640
Other expenses in previous yearUSD $ 514,088,899
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,971,964
Employee salary and benefits paid in previous yearUSD $ 6,998,339
Benefits paid to or for members in current yearUSD $ 4,191,224
Benefits paid to or for members in previous yearUSD $ 5,076,369
Grants and similar amounts paid in current yearUSD $ 23,500
Grants and similar amounts paid in previous yearUSD $ 92,500
Total revenue in current fiscal yearUSD $ 482,988,385
Total revenue in previous fiscal yearUSD $ 537,389,478
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 59,679
2022-12-31
Total unrelated business incomeUSD $ 33,625
Net unrelated business incomeUSD $ 29,263
Program Service Revenue from prior yearUSD $ 430,554,257
Program Service Revenue from current yearUSD $ 536,877,881
Investment Income from prior yearUSD $ 1,020,668
Investment Income from current yearUSD $ 417,942
Other Revenue from prior yearUSD $ 35,295
Other Revenue from current yearUSD $ 33,976
Gross receipts from all sourcesUSD $ 537,420,252
Net assets / fund balances at end of fiscal yearUSD $ 343,123,144
Net assets / fund balances at beginning of fiscal yearUSD $ 322,251,590
Total liabilities at end of fiscal yearUSD $ 783,012,991
Total liabilities at beginning of fiscal yearUSD $ 640,333,983
Total assets at end of fiscal yearUSD $ 1,126,136,135
Total assets at beginning of fiscal yearUSD $ 962,585,573
Revenues less expenses for current yearUSD $ 11,133,371
Revenues less expenses for previous yearUSD $ 13,153,070
Total expenses for current yearUSD $ 526,256,107
Total expenses for previous yearUSD $ 426,958,048
Other expenses in current yearUSD $ 514,088,899
Other expenses in previous yearUSD $ 414,495,095
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,998,339
Employee salary and benefits paid in previous yearUSD $ 5,853,469
Benefits paid to or for members in current yearUSD $ 5,076,369
Benefits paid to or for members in previous yearUSD $ 6,548,484
Grants and similar amounts paid in current yearUSD $ 92,500
Grants and similar amounts paid in previous yearUSD $ 61,000
Total revenue in current fiscal yearUSD $ 537,389,478
Total revenue in previous fiscal yearUSD $ 440,111,118
Contributions and grants from current yearUSD $ 59,679
Contributions and grants from previous yearUSD $ 8,500,898
Gross sales of inventory assetsUSD $ 351
2021-12-31
Total unrelated business incomeUSD $ 35,295
Net unrelated business incomeUSD $ 30,766
Program Service Revenue from prior yearUSD $ 423,376,867
Program Service Revenue from current yearUSD $ 430,554,257
Investment Income from prior yearUSD $ 835,789
Investment Income from current yearUSD $ 1,020,668
Other Revenue from prior yearUSD $ 30,097
Other Revenue from current yearUSD $ 35,295
Gross receipts from all sourcesUSD $ 440,638,819
Net assets / fund balances at end of fiscal yearUSD $ 322,251,590
Net assets / fund balances at beginning of fiscal yearUSD $ 302,498,596
Total liabilities at end of fiscal yearUSD $ 640,333,983
Total liabilities at beginning of fiscal yearUSD $ 597,535,207
Total assets at end of fiscal yearUSD $ 962,585,573
Total assets at beginning of fiscal yearUSD $ 900,033,803
Revenues less expenses for current yearUSD $ 13,153,070
Revenues less expenses for previous yearUSD $ 16,419,307
Total expenses for current yearUSD $ 426,958,048
Total expenses for previous yearUSD $ 407,892,541
Other expenses in current yearUSD $ 414,495,095
Other expenses in previous yearUSD $ 395,608,005
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,853,469
Employee salary and benefits paid in previous yearUSD $ 5,996,914
Benefits paid to or for members in current yearUSD $ 6,548,484
Benefits paid to or for members in previous yearUSD $ 6,115,622
Grants and similar amounts paid in current yearUSD $ 61,000
Grants and similar amounts paid in previous yearUSD $ 172,000
Total revenue in current fiscal yearUSD $ 440,111,118
Total revenue in previous fiscal yearUSD $ 424,311,848
Contributions and grants from current yearUSD $ 8,500,898
Contributions and grants from previous yearUSD $ 69,095
2020-12-31
Total unrelated business incomeUSD $ 30,097
Net unrelated business incomeUSD $ 26,088
Program Service Revenue from prior yearUSD $ 396,373,017
Program Service Revenue from current yearUSD $ 423,376,867
Investment Income from prior yearUSD $ 3,240,184
Investment Income from current yearUSD $ 835,789
Other Revenue from prior yearUSD $ 35,465
Other Revenue from current yearUSD $ 30,097
Gross receipts from all sourcesUSD $ 424,626,251
Net assets / fund balances at end of fiscal yearUSD $ 302,498,596
Net assets / fund balances at beginning of fiscal yearUSD $ 278,356,819
Total liabilities at end of fiscal yearUSD $ 597,535,207
Total liabilities at beginning of fiscal yearUSD $ 597,853,093
Total assets at end of fiscal yearUSD $ 900,033,803
Total assets at beginning of fiscal yearUSD $ 876,209,912
Revenues less expenses for current yearUSD $ 16,419,307
Revenues less expenses for previous yearUSD $ 6,510,347
Total expenses for current yearUSD $ 407,892,541
Total expenses for previous yearUSD $ 393,190,316
Other expenses in current yearUSD $ 395,608,005
Other expenses in previous yearUSD $ 384,263,734
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,996,914
Employee salary and benefits paid in previous yearUSD $ 5,347,047
Benefits paid to or for members in current yearUSD $ 6,115,622
Benefits paid to or for members in previous yearUSD $ 3,502,037
Grants and similar amounts paid in current yearUSD $ 172,000
Grants and similar amounts paid in previous yearUSD $ 77,498
Total revenue in current fiscal yearUSD $ 424,311,848
Total revenue in previous fiscal yearUSD $ 399,700,663
Contributions and grants from current yearUSD $ 69,095
Contributions and grants from previous yearUSD $ 51,997
2019-12-31
Total unrelated business incomeUSD $ 35,465
Net unrelated business incomeUSD $ 30,919
Program Service Revenue from prior yearUSD $ 393,334,437
Program Service Revenue from current yearUSD $ 396,373,017
Investment Income from prior yearUSD $ 1,171,159
Investment Income from current yearUSD $ 3,240,184
Other Revenue from prior yearUSD $ 35,158
Other Revenue from current yearUSD $ 35,465
Gross receipts from all sourcesUSD $ 402,607,556
Net assets / fund balances at end of fiscal yearUSD $ 278,356,819
Net assets / fund balances at beginning of fiscal yearUSD $ 263,113,825
Total liabilities at end of fiscal yearUSD $ 597,853,093
Total liabilities at beginning of fiscal yearUSD $ 575,045,585
Total assets at end of fiscal yearUSD $ 876,209,912
Total assets at beginning of fiscal yearUSD $ 838,159,410
Revenues less expenses for current yearUSD $ 6,510,347
Revenues less expenses for previous yearUSD $ 3,199,203
Total expenses for current yearUSD $ 393,190,316
Total expenses for previous yearUSD $ 391,396,436
Other expenses in current yearUSD $ 384,263,734
Other expenses in previous yearUSD $ 380,824,592
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,347,047
Employee salary and benefits paid in previous yearUSD $ 5,130,806
Benefits paid to or for members in current yearUSD $ 3,502,037
Benefits paid to or for members in previous yearUSD $ 5,372,038
Grants and similar amounts paid in current yearUSD $ 77,498
Grants and similar amounts paid in previous yearUSD $ 69,000
Total revenue in current fiscal yearUSD $ 399,700,663
Total revenue in previous fiscal yearUSD $ 394,595,639
Contributions and grants from current yearUSD $ 51,997
Contributions and grants from previous yearUSD $ 54,885
2018-12-31
Total unrelated business incomeUSD $ 35,158
Net unrelated business incomeUSD $ 30,642
Program Service Revenue from prior yearUSD $ 370,018,749
Program Service Revenue from current yearUSD $ 393,334,437
Investment Income from prior yearUSD $ 674,851
Investment Income from current yearUSD $ 1,171,159
Other Revenue from prior yearUSD $ 34,998
Other Revenue from current yearUSD $ 35,158
Gross receipts from all sourcesUSD $ 394,749,540
Net assets / fund balances at end of fiscal yearUSD $ 263,113,825
Net assets / fund balances at beginning of fiscal yearUSD $ 252,927,119
Total liabilities at end of fiscal yearUSD $ 575,045,585
Total liabilities at beginning of fiscal yearUSD $ 544,496,639
Total assets at end of fiscal yearUSD $ 838,159,410
Total assets at beginning of fiscal yearUSD $ 797,423,758
Revenues less expenses for current yearUSD $ 3,199,203
Revenues less expenses for previous yearUSD $ 1,193,926
Total expenses for current yearUSD $ 391,396,436
Total expenses for previous yearUSD $ 369,589,950
Other expenses in current yearUSD $ 380,824,592
Other expenses in previous yearUSD $ 359,216,266
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,130,806
Employee salary and benefits paid in previous yearUSD $ 4,870,086
Benefits paid to or for members in current yearUSD $ 5,372,038
Benefits paid to or for members in previous yearUSD $ 5,448,848
Grants and similar amounts paid in current yearUSD $ 69,000
Grants and similar amounts paid in previous yearUSD $ 54,750
Total revenue in current fiscal yearUSD $ 394,595,639
Total revenue in previous fiscal yearUSD $ 370,783,876
Contributions and grants from current yearUSD $ 54,885
Contributions and grants from previous yearUSD $ 55,278
2017-12-31
Total unrelated business incomeUSD $ 35,401
Net unrelated business incomeUSD $ 30,861
Program Service Revenue from prior yearUSD $ 363,044,259
Program Service Revenue from current yearUSD $ 370,018,749
Investment Income from prior yearUSD $ 780,549
Investment Income from current yearUSD $ 674,851
Other Revenue from prior yearUSD $ 33,791
Other Revenue from current yearUSD $ 34,998
Gross receipts from all sourcesUSD $ 371,026,941
Net assets / fund balances at end of fiscal yearUSD $ 252,927,119
Net assets / fund balances at beginning of fiscal yearUSD $ 244,680,445
Total liabilities at end of fiscal yearUSD $ 544,496,639
Total liabilities at beginning of fiscal yearUSD $ 498,416,117
Total assets at end of fiscal yearUSD $ 797,423,758
Total assets at beginning of fiscal yearUSD $ 743,096,562
Revenues less expenses for current yearUSD $ 1,193,926
Revenues less expenses for previous yearUSD $ 482,237
Total expenses for current yearUSD $ 369,589,950
Total expenses for previous yearUSD $ 363,430,415
Other expenses in current yearUSD $ 359,216,266
Other expenses in previous yearUSD $ 353,816,644
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,870,086
Employee salary and benefits paid in previous yearUSD $ 4,438,350
Benefits paid to or for members in current yearUSD $ 5,448,848
Benefits paid to or for members in previous yearUSD $ 5,094,421
Grants and similar amounts paid in current yearUSD $ 54,750
Grants and similar amounts paid in previous yearUSD $ 81,000
Total revenue in current fiscal yearUSD $ 370,783,876
Total revenue in previous fiscal yearUSD $ 363,912,652
Contributions and grants from current yearUSD $ 55,278
Contributions and grants from previous yearUSD $ 54,053
Gross sales of inventory assetsUSD $ -403
2016-12-31
Total unrelated business incomeUSD $ 33,390
Net unrelated business incomeUSD $ 29,051
Program Service Revenue from prior yearUSD $ 375,054,766
Program Service Revenue from current yearUSD $ 363,044,259
Investment Income from prior yearUSD $ 842,223
Investment Income from current yearUSD $ 780,549
Other Revenue from prior yearUSD $ 28,386
Other Revenue from current yearUSD $ 33,791
Gross receipts from all sourcesUSD $ 364,277,873
Net assets / fund balances at end of fiscal yearUSD $ 244,680,445
Net assets / fund balances at beginning of fiscal yearUSD $ 237,766,242
Total liabilities at end of fiscal yearUSD $ 498,416,117
Total liabilities at beginning of fiscal yearUSD $ 486,943,502
Total assets at end of fiscal yearUSD $ 743,096,562
Total assets at beginning of fiscal yearUSD $ 724,709,744
Revenues less expenses for current yearUSD $ 482,237
Revenues less expenses for previous yearUSD $ 8,091,339
Total expenses for current yearUSD $ 363,430,415
Total expenses for previous yearUSD $ 367,892,484
Other expenses in current yearUSD $ 353,816,644
Other expenses in previous yearUSD $ 358,690,817
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,438,350
Employee salary and benefits paid in previous yearUSD $ 4,507,199
Benefits paid to or for members in current yearUSD $ 5,094,421
Benefits paid to or for members in previous yearUSD $ 4,604,468
Grants and similar amounts paid in current yearUSD $ 81,000
Grants and similar amounts paid in previous yearUSD $ 90,000
Total revenue in current fiscal yearUSD $ 363,912,652
Total revenue in previous fiscal yearUSD $ 375,983,823
Contributions and grants from current yearUSD $ 54,053
Contributions and grants from previous yearUSD $ 58,448
Gross sales of inventory assetsUSD $ 401
2015-12-31
Total unrelated business incomeUSD $ 28,417
Net unrelated business incomeUSD $ 24,575
Program Service Revenue from prior yearUSD $ 364,374,856
Program Service Revenue from current yearUSD $ 375,054,766
Investment Income from prior yearUSD $ 680,381
Investment Income from current yearUSD $ 842,223
Other Revenue from prior yearUSD $ 35,295
Other Revenue from current yearUSD $ 28,386
Gross receipts from all sourcesUSD $ 376,152,185
Net assets / fund balances at end of fiscal yearUSD $ 237,766,242
Net assets / fund balances at beginning of fiscal yearUSD $ 221,716,417
Total liabilities at end of fiscal yearUSD $ 486,943,502
Total liabilities at beginning of fiscal yearUSD $ 471,616,403
Total assets at end of fiscal yearUSD $ 724,709,744
Total assets at beginning of fiscal yearUSD $ 693,332,820
Revenues less expenses for current yearUSD $ 8,091,339
Revenues less expenses for previous yearUSD $ 7,383,448
Total expenses for current yearUSD $ 367,892,484
Total expenses for previous yearUSD $ 357,766,645
Other expenses in current yearUSD $ 358,690,817
Other expenses in previous yearUSD $ 349,005,425
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,507,199
Employee salary and benefits paid in previous yearUSD $ 4,461,009
Benefits paid to or for members in current yearUSD $ 4,604,468
Benefits paid to or for members in previous yearUSD $ 4,210,211
Grants and similar amounts paid in current yearUSD $ 90,000
Grants and similar amounts paid in previous yearUSD $ 90,000
Total revenue in current fiscal yearUSD $ 375,983,823
Total revenue in previous fiscal yearUSD $ 365,150,093
Contributions and grants from current yearUSD $ 58,448
Contributions and grants from previous yearUSD $ 59,561
Cost of goods soldUSD $ 246
Gross sales of inventory assetsUSD $ 215

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 590469125

USA Mailing Address
PO BOX 301
SUMTERVILLE
FL
335850301
Date first seen: 2010-10-12
Date last seen: 2025-11-05
USA Location Address
330 S US HWY 301
SUMTERVILLE
FL
33585
Date first seen: 2010-10-12
Date last seen: 2025-12-31
USA Mailing Address
330 SOUTH US HWY 301
PO BOX 301
SUMTERVILLE
FL
33585
Date first seen: 2011-07-01
Date last seen: 2026-02-24
USA Mailing Address
330 SOUTH US HIGHWAY 301
PO BOX 301
SUMTERVILLE
FL
33585
Date first seen: 2011-07-01
Date last seen: 2026-08-21

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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