Association Of Illinois Electric Cooperatives

Organization Overview

Association Of Illinois Electric Cooperatives is located in Springfield, IL. The organization was established in 1943. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Association Of Illinois Electric Cooperatives employed 27 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Association Of Illinois Electric Cooperatives is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Association Of Illinois Electric Cooperatives generated $7.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND DEVELOP THE ELECTRIC COOPERATIVE PROGRAM IN THE STATE OF ILLINOIS; AND TO FURTHER THE GENERAL WELFARE AND TO PROTECT THE INTEREST OF ASSOCIATION MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES IS A MEMBER-OWNED ASSOCIATION THAT CONSISTS OF 29 MEMBER-COOPERATIVES. INFORMATION PUBLICATIONS IS ONE OF THE SERVICE PROGRAMS OFFERED BY THE ASSOCIATION THROUGH A MONTHLY PUBLICATION CONTAINING INFORMATION TO THE MEMBERSHIP WITH NEWS CONCERNING ELECTRIC BUSINESS AND THE RURAL ELECTRIFICATION PROGRAM.


THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES ALSO OFFERS EDUCATION PROGRAMS THAT PROVIDE RESOURCES FOR TRAINING OF INDIVIDUALS CONCERNING THE MANAGEMENT AND OPERATIONS OF CONSUMER-OWNED UTILITIES.


THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES OFFERS SAFETY PROGRAMS THAT PROVIDE RESOURCES FOR TRAINING IN SAFETY TECHNIQUES FOR ELECTRICAL DISTRIBUTION COOPERATIVES AND CIVIC ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
N Duane Noland
Ceo/presiden
$320,202
Nick Reitz
VP Of Govt R
$127,875
Craig Sondgeroth
General Coun
$123,209
Jim Miles
VP Of Traini
$113,132
Danial Gerard
Cto
$108,960
Thad France
Mrg Linework
$102,792

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quad Graphics
Printing
$713,532
Us Bank
Company Cr Cds
$331,520
Touchstone Energy
Marketing
$189,057
Wallender-dedman Printing Inc
Printing
$211,710
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,090,138
Fundraising events$0
Related organizations$0
Government grants $524,240
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,614,378
Total Program Service Revenue$1,070,353
Investment income $8,047
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $29,175
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,211,170

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Association Of Illinois Electric Cooperatives has recieved totaling $48,000.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: EDUCATIONAL FUND-EDUCATIONAL PROGRAMS

$48,000
View Grant Recipient Profile

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