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Nonprofit · EIN 37-0801403

SOUTHERN ILLINOIS POWER COOPERATIVE

Tax-exempt · MARION, IL 62959

Financials

$180.8M$174.3M2023$195M$188.5M2024
Revenue Expenses · by fiscal year end
Financials of SOUTHERN ILLINOIS POWER COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$194,965,826$188,487,999$6,477,827$659,211,937$508,551,921$150,660,016
December 31, 2023990$180,838,082$174,260,303$6,577,779$667,755,111$523,572,922$144,182,189
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$194,124,005
Investment income
$569,425
Net rental income
-$70,989
Net gain from sales of assets
-$74,335
Other revenue
$272,396

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,538,270
Other salaries and wages
$10,660,982
Salaries, compensation and benefits (total)
$20,710,092
Professional fundraising fees
$0
Legal fees
$161,782
Accounting fees
$107,405
Occupancy
$3,129,752
Depreciation
$25,013,957

Balance sheet and other

Total assets, start of year
$667,755,111
Total assets, end of year
$659,211,937
Total liabilities, end of year
$508,551,921
Net assets, end of year
$150,660,016
Land, buildings and equipment
$499,279,275
Gross unrelated business income
-$24,032
Gross receipts
$195,139,631
Employees
80
Volunteers
0
Year formed
1948
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PAUL FURTAKPRESIDENT & CEO
Officer
60$514,005$166,711
WENDELL WATSONDIRECTOR OF ENVIRONMENTAL
Key employee
50$212,324$146,448
LARRY BURNSVP MARKETS & POWER DELIVERY
Key employee
50$202,797$141,256
ASHLEY MCCUANVICE PRESIDENT OF POWER SU
Key employee
50$200,209$136,181
ROBERT CONNMANAGER GENERATION & FUEL
Key employee
50$197,800$138,447
GARY CHAMNESSSHIFT FOREMAN
Highest-paid employee
51$173,902$86,699
JAMES COZARTSHIFT FOREMAN
Highest-paid employee
52$172,972$86,845
CORINA HORNVP FINANCE & ADMINISTRATION/CFO
Officer
50$172,394$77,009
RYAN BERRYOPERATIONS SUPERINTENDENT
Highest-paid employee
50$159,143$85,720
MICHAEL STEWARTMAINTENANCE SUPERINTENDENT
Highest-paid employee
50$159,129$85,725
JUSTIN BONNERCONTROL OPERATOR
Highest-paid employee
50$157,420$81,073
BILLIE HOLSHOUSERMANAGER OF HUMAN RESOURCES
Key employee
50$153,327$79,363
WILLIAM LITTRELLDIRECTOR
Trustee or director
6$16,800$0
BOB PIERSONDIRECTOR
Trustee or director
4$16,100$0
RANDALL RUSHINGDIRECTOR
Trustee or director
3$14,700$0
26 more people on this return
NameTitleHours / weekCompensation
CARY DICKINSONDIRECTOR
Trustee or director
3$14,700
DALE SCHIERBAUMDIRECTOR
Trustee or director
1$14,000
STEPHEN KALMERDIRECTOR
Trustee or director
3$13,300
RICHARD RISTERDIRECTOR
Trustee or director
3$13,300
STEVE PRESTDIRECTOR
Trustee or director
2$13,300
RICHARD RUDOLPHIDIRECTOR
Trustee or director
2$12,600
KEN JARRETTDIRECTOR
Trustee or director
2$12,600
KATHY WITHERSDIRECTOR
Trustee or director
2$11,900
JAMES SCHERRERDIRECTOR
Trustee or director
2$11,900
FRANK HERMANDIRECTOR
Trustee or director
2$11,900
KEVIN LIEFERDIRECTOR
Trustee or director
1$11,200
AMY HOFFMAN-ROHLINGDIRECTOR
Trustee or director
2$11,200
GEORGE OBERNAGELDIRECTOR
Trustee or director
1$11,200
RICHARD NEFFDIRECTOR
Trustee or director
1$10,500
SCOTT MILLERDIRECTOR
Trustee or director
1$10,500
TOM BEYERSDIRECTOR
Trustee or director
2$9,800
TIM HANKEDIRECTOR
Trustee or director
2$8,400
DONNIE LAIRDDIRECTOR
Trustee or director
1$7,700
SAMUEL PHILLIPSDIRECTOR-OUTGOING
Trustee or director
2$2,800
BOB KROEGERCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
DUSTIN TRIPPCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
DAVID JOHNSTONCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
ALAN WATTLESCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
LUKE JOHNSONCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
MATT CONKLINCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
SHANE HERMETZCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0
990 for the year ended December 31, 2023: 39 people
NameTitleHours / weekCompensationOther / benefits
DONALD GULLEYPRESIDENT & CEO
Officer
60$610,605$163,438
PAUL FURTAKVICE PRESIDENT OF ADMIN & FINANCE(CFO)
Officer
50$223,790$197,235
WENDELL WATSONDIRECTOR OF ENVIRONMENTAL SERVICES
Key employee
50$209,253$116,369
LARRY BURNSVICE PRESIDENT OF MARKETS & POWER DELIVERY
Key employee
50$194,582$105,487
ROBERT CONNMANAGER GENERATION & FUEL
Key employee
50$190,414$107,795
ASHLEY MCCUANVICE PRESIDENT OF POWER SUPPLY
Key employee
50$184,415$72,165
GARY CHAMNESSSHIFT FOREMAN
Highest-paid employee
69$168,190$85,261
JAMES CRABBSYSTEMS OPERATOR
Highest-paid employee
73$162,037$86,808
JAMES COZARTSHIFT FOREMAN
Highest-paid employee
74$169,499$75,111
JERRY BEERSSYSTEMS OPERATOR
Highest-paid employee
68$157,783$75,538
CHARLES LEEKSYSTEMS OPERATOR
Highest-paid employee
71$158,406$30,770
KEVIN LIEFERDIRECTOR
Trustee or director
2$0$0
VICTOR KNIGHTDIRECTOR
Trustee or director
2$0$0
GEORGE OBERNAGELDIRECTOR
Trustee or director
1$0$0
WILLIAM LITTRELLDIRECTOR
Trustee or director
5$0$0
JAMES SCHERRERDIRECTOR
Trustee or director
3$0$0
FRANK HERMANDIRECTOR
Trustee or director
1$0$0
CARY DICKINSONDIRECTOR
Trustee or director
2$0$0
TOM BEYERSDIRECTOR
Trustee or director
1$0$0
PAUL PYATTDIRECTOR
Trustee or director
2$0$0
SAM PHILLIPSDIRECTOR
Trustee or director
1$0$0
RICHARD RUDOLPHIDIRECTOR
Trustee or director
1$0$0
TIM HANKEDIRECTOR
Trustee or director
2$0$0
STEPHEN KALMERDIRECTOR
Trustee or director
2$0$0
RANDALL RUSHINGDIRECTOR
Trustee or director
3$0$0
KEN JARRETTDIRECTOR
Trustee or director
2$0$0
RICHARD NEFFDIRECTOR
Trustee or director
1$0$0
BOB PIERSONDIRECTOR
Trustee or director
2$0$0
RICHARD RISTERDIRECTOR
Trustee or director
2$0$0
KATHY WITHERSDIRECTOR
Trustee or director
2$0$0
DAVID MARTINDIRECTOR
Trustee or director
2$0$0
AMY HOFFMAN-ROHLINGDIRECTOR
Trustee or director
1$0$0
BOB KROEGERCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0
DUSTIN TRIPPCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0
DAVID JOHNSTONCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0
ALAN WATTLESCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0
LUKE JOHNSONCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0
MATT CONKLINCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0
SHANE HERMETZCO-OP MANAGER/DIRECTOR
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
11543 LAKE OF EGYPT RD, MARION, IL 62959-8500
Principal officer (990 for 2024)
PAUL FURTAK, 11543 LAKE OF EGYPT ROAD, MARION, IL 62959
Signed the 990
PAUL FURTAK, PRESIDENT
Phone
(618) 946-1448
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • GENERATE AND TRANSMIT ELECTRICITY TO MEMBER DISTRIBUTION COOPERATIVES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-0801403
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$659,211,937
Income (IRS master file)
$195,139,631

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$194,965,826$188,487,999$659,211,937IRS
990December 2023$180,838,082$174,260,303$667,755,111XML
990December 2022$191,824,914$185,304,743$670,440,755IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-0801403).

Questions about SOUTHERN ILLINOIS POWER COOPERATIVE

What is the EIN of SOUTHERN ILLINOIS POWER COOPERATIVE?
The employer identification number (EIN) of SOUTHERN ILLINOIS POWER COOPERATIVE is 37-0801403.
Is SOUTHERN ILLINOIS POWER COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1965.
Are donations to SOUTHERN ILLINOIS POWER COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOUTHERN ILLINOIS POWER COOPERATIVE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTHERN ILLINOIS POWER COOPERATIVE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHERN ILLINOIS POWER COOPERATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTHERN ILLINOIS POWER COOPERATIVE?
The 990 for the year ended December 31, 2024 names PAUL FURTAK.
Who are the officers and directors of SOUTHERN ILLINOIS POWER COOPERATIVE?
The 990 for the year ended December 31, 2024 lists 41 people; 34 received compensation from the organization, the highest $514,005 (PAUL FURTAK, PRESIDENT & CEO).
How much revenue does SOUTHERN ILLINOIS POWER COOPERATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $194,965,826, expenses of $188,487,999 and total assets of $659,211,937 at year end.

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