Nonprofit · EIN 58-0435110
SOUTHEASTERN ELECTRIC EXCHANGE INC
Tax-exempt · ATLANTA, GA 30305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,729,440 | $3,023,590 | $1,705,850 | $9,013,078 | $1,069,198 | $7,943,880 |
| June 30, 2024 | 990 | $4,280,474 | $3,057,935 | $1,222,539 | $7,052,265 | $1,003,984 | $6,048,281 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,470,654
- Investment income
- $256,029
- Net gain from sales of assets
- $10,480
- Other revenue
- $2,757
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $436,177
- Other salaries and wages
- $528,281
- Salaries, compensation and benefits (total)
- $1,159,281
- Professional fundraising fees
- $0
- Legal fees
- $2,321
- Accounting fees
- $62,850
- Occupancy
- $71,771
- Travel
- $71,134
- Depreciation
- $5,195
Balance sheet and other
- Total assets, start of year
- $7,052,265
- Total assets, end of year
- $9,013,078
- Total liabilities, end of year
- $1,069,198
- Net assets, end of year
- $7,943,880
- Land, buildings and equipment
- $52,205
- Publicly traded securities
- $7,031,058
- Net assets without donor restrictions
- $7,943,880
- Gross receipts
- $7,454,221
- Employees
- 7
- Year formed
- 1971
- State of legal domicile
- GA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT H SMITH | EXEC DIRECTOR & CORP SECRETARY Officer | 50 | $365,033 | $60,857 |
| AMY B BEKELE | ADMINISTRATOR Highest-paid employee | 40 | $150,773 | $43,423 |
| JOSEPH E HAMMOND | ADMINISTRATOR Highest-paid employee | 50 | $175,232 | $18,309 |
| KENDRA CUTNO | COORDINATOR Highest-paid employee | 40 | $105,434 | $36,837 |
| AMER ELECTRIC POWER | TREASURER Trustee or director | 1 | $0 | $0 |
| AMER ELECTRIC POWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BALT GAS ELECT CO | SECOND VICE PRESIDENT Trustee or director | 1 | $0 | $0 |
| CENTERPOINT ENERGY | PRESIDENT Trustee or director | 1 | $0 | $0 |
| CLECO POWER LLC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOMINION VANC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOMINION SC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DUKE ENERGY CORP REP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ENTERGY CORP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FLORIDA PWR LT CO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LGE-KU LLC | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OKLAHOMA GAS ELEC CO | DIRECTOR Trustee or director | 1 | $0 |
| ONCOR ELEC DELIVERY CO | DIRECTOR Trustee or director | 1 | $0 |
| PECO ENERGY CORP | DIRECTOR Trustee or director | 1 | $0 |
| PEPCO HOLDINGS INC | DIRECTOR Trustee or director | 1 | $0 |
| PPL ELECTRIC UTILITIES | DIRECTOR Trustee or director | 1 | $0 |
| TAMPA ELECTRIC COMP | FIRST VICE PRESIDENT Trustee or director | 1 | $0 |
| THE SOUTHERN COMPANY | DIRECTOR Trustee or director | 1 | $0 |
| TNMP | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Scott H Smith | Exec Director & Corp Secretary Officer | 50 | $343,302 | $55,969 |
| Amy B Bekele | administrator Highest-paid employee | 40 | $142,246 | $40,264 |
| Anita M Wilson | Asst Director - THRU 4/12/24 Highest-paid employee | 50 | $138,847 | $31,285 |
| Amer Electric Power | Treasurer Trustee or director | 1 | $0 | $0 |
| Balt Gas Elect Co | Director Trustee or director | 1 | $0 | $0 |
| Centerpoint Energy | 2nd Vice President Trustee or director | 1 | $0 | $0 |
| Cleco Power LLC | Board Trustee or director | 1 | $0 | $0 |
| Dominion VANC | Board Trustee or director | 1 | $0 | $0 |
| Duke Energy Corp | Board Trustee or director | 1 | $0 | $0 |
| Entergy Corp | Board Trustee or director | 1 | $0 | $0 |
| Florida Pwr Lt Co | Board Trustee or director | 1 | $0 | $0 |
| LGE-KU LLC | Board Trustee or director | 1 | $0 | $0 |
| Oklahoma Gas Elec Co | Board Trustee or director | 1 | $0 | $0 |
| ONCOR Elec Delivery Co | BOARD Trustee or director | 1 | $0 | $0 |
| PECO Energy Corp | Board Trustee or director | 1 | $0 | $0 |
| Pepco Holdings Inc | Board Trustee or director | 1 | $0 | $0 |
| PPL Electric Utilities | 1st Vice President Trustee or director | 1 | $0 | $0 |
| DOMINION SC | Board Trustee or director | 1 | $0 | $0 |
| The Southern Company | PRESIDENT Trustee or director | 1 | $0 | $0 |
| Tampa Electric Comp | Board Trustee or director | 1 | $0 | $0 |
| Amer Electric Power | Board Trustee or director | 1 | $0 | $0 |
| TNMP | BOARD Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2970 PEACHTREE RD NW STE 750, ATLANTA, GA 30305-2116
- In care of
- % LEATIA REDMON
- Principal officer (990 for 2024)
- SCOTT SMITH, 2970 PEACHTREE RD NW STE 750, ATLANTA, GA 30305
- Signed the 990
- SCOTT SMITH, EXECUTIVE DIRECTOR
- Phone
- (404) 233-1188
- Website
- www.theexchange.org
- Return prepared by
- SMITH & HOWARD ADVISORY LLC
Mission
SOUTHEASTERN ELECTRIC EXCHANGE IS A NON-PROFIT, NON-POLITICAL (NON-LOBBYING) ORGANIZATION OF INVESTOR-OWNED ELECTRIC UTILITY COMPANIES. THE PURPOSE OF THE ORGANIZATION IS: TO PROMOTE THE COMMON INTEREST AND GROWTH OF THE INVESTOR-OWNED ELECTRIC UTILITY SYSTEMS IN THE REGION; AND TO DEVELOP AND ENHANCE THE HUMAN, OPERATIONAL AND TECHNICAL RESOURCES OF MEMBER COMPANIES TO THE FULLEST. THIS PURPOSE IS ACCOMPLISHED THROUGH THE ACTIVITIES OF THE ASSOCIATION'S WORKING GROUPS. IN ADDITION TO THEIR UNIQUE MISSIONS AND OBJECTIVES, THESE GROUPS SERVE THE MEMBERSHIP BY: FACILITATING THE PROFESSIONAL DEVELOPMENT AND GROWTH OF INDIVIDUAL MEMBERS BY PROVIDING NEW INFORMATION AND SKILLS; DEVELOPING LEADERS TO REPRESENT THE COMMON INTERESTS OF MEMBERS ON NATIONAL-LEVEL ORGANIZATIONS; PROVIDING A MEANS TO PRESENT CONSENSUS OPINIONS TO NATIONAL STANDARDS-MAKING ORGANIZATIONS; DEVELOPING AND IMPLEMENTING APPROPRIATE RESEARCH AND SURVEY ACTIVITIES; PROMOTING CONTINUOUS IMPROVEMENT IN THEIR FIELDS; AND BY
Program accomplishments
- CONDUCTED A TWO AND ONE HALF-DAY ANNUAL CONFERENCE WHICH WAS ATTENDED BY 2,033 INDIVIDUALS FROM MEMBER COMPANIES AND TRADE PARTNERS. THE CONFERENCE PROVIDED CURRENT INFORMATION AND CONTINUING EDUCATION DURING SESSIONS ON ELECTRIC DISTRIBUTION; SUBSTATION; TRANSMISSION; FLEET MANAGEMENT & MAINTENANCE; REAL ESTATE & RIGHT-OF-WAY MANAGEMENT; THE NATIONAL ELECTRICAL SAFETY CODE. THE CONFERENCE ALSO INCLUDED A TRADE SHOW ALLOWING MEMBER COMPANY PERSONNEL TO LEARN ABOUT NEW PRODUCTS AND SERVICES IN THEIR FIELDS.
- CONDUCTED 35 WORKING GROUP MEETINGS DURING THE YEAR WHICH WERE ATTENDED BY 759 INDIVIDUALS FROM MEMBER COMPANIES AND PROVIDED TRAINING AND CONTINUING EDUCATION IN THE FIELDS OF SAFETY AND ACCIDENT PREVENTION; CLAIMS ADMINISTRATION; INTEGRATED RESOURCE PLANNING; JOINT USE OF FACILITIES AND PLANT; METERING AND DISTRIBUTION SERVICE DEVICES; AMI SYSTEM OPERATIONS; EMERGENCY MUTUAL ASSISTANCE AND LOGISTICS; UNDERGROUND DISTRIBUTION NETWORKS; OVERHEAD DISTRIBUTION; POWER QUALITY & RELIABILITY; ELECTRIC REGULATIONS; REAL ESTATE & RIGHT-OF-WAY MANGEMENT; SUBSTATION MAINTENANCE & OPERATIONS; FLEET MAINTENANCE & MANAGEMENT; TRANSMISSION LINE OPERATIONS; DISTRIBUTION OPERATIONS CONTROL CENTER; AND, NETWORK UNDERGROUND DISTRIBUTION.
- MEMBERSHIP DUES ARE ASSESSED ANNUALLY BY THE BOARD OF DIRECTORS. AFFILIATE MEMBERS (SERVICE COMPANY MEMBERS) PAY THE CURRENT BASE DUES AMOUNT OF $3,200. ALL OTHER MEMBERS (OPERATING COMPANY MEMBERS) PAY BASE DUES EQUAL TO $3,000 PLUS A PROPORTIONATE AMOUNT OF THE REMAINING ASSESSMENT.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-0435110
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1957
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $9,013,078
- Income (IRS master file)
- $7,454,221
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,729,440 | $3,023,590 | $9,013,078 | IRS |
| 990 | June 2024 | $4,280,474 | $3,057,935 | $7,052,265 | IRS |
| 990 | June 2023 | $3,637,495 | $2,669,595 | $5,683,419 | IRS |
| 990 | June 2022 | $3,269,496 | $1,993,643 | $4,642,391 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 58-0435110).
Questions about SOUTHEASTERN ELECTRIC EXCHANGE INC
- What is the EIN of SOUTHEASTERN ELECTRIC EXCHANGE INC?
- The employer identification number (EIN) of SOUTHEASTERN ELECTRIC EXCHANGE INC is 58-0435110.
- Is SOUTHEASTERN ELECTRIC EXCHANGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1957.
- Are donations to SOUTHEASTERN ELECTRIC EXCHANGE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTHEASTERN ELECTRIC EXCHANGE INC 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 SOUTHEASTERN ELECTRIC EXCHANGE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHEASTERN ELECTRIC EXCHANGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOUTHEASTERN ELECTRIC EXCHANGE INC?
- The 990 for the year ended June 30, 2025 names SCOTT SMITH.
- Who are the officers and directors of SOUTHEASTERN ELECTRIC EXCHANGE INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 4 received compensation from the organization, the highest $365,033 (SCOTT H SMITH, EXEC DIRECTOR & CORP SECRETARY).
- How much revenue does SOUTHEASTERN ELECTRIC EXCHANGE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,729,440, expenses of $3,023,590 and total assets of $9,013,078 at year end.
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