San Isabel Electric Association Inc

Organization Overview

San Isabel Electric Association Inc is located in Pueblo, CO. The organization was established in 1970. 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 12/2023, San Isabel Electric Association Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Isabel Electric Association Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2023, San Isabel Electric Association Inc generated $61.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $61.2m during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 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.

Since 2019, San Isabel Electric Association Inc has awarded 16 individual grants totaling $179,596. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAN ISABEL ELECTRIC ASSOCIATION IS AN ELECTRIC DISTRIBUTION COOPERATIVE THAT PROVIDED APPROXIMATELY 27,000 SERVICES TO ITS APPROXIMATELY 21,000 MEMBERS IN ALL OR PARTS OF SEVEN COUNTIES IN SOUTHERN COLORADO.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ward Electric
Contract Labor
$1,774,115
Western United Electric
Materials
$4,691,478
Gonzales Electric Llc
Contract Labor
$194,102
Main Electric
Contract Labor
$281,886
Wilson Excavation Inc
Contract Labor
$480,096
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$60,107,297
Investment income $385,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $59,473
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,046,770

Grants Awarded

Over the last fiscal year, San Isabel Electric Association Inc has awarded $46,893 in support to 5 organizations.

Grant RecipientAmount

ENERGY OUTREACH COLORADO

PURPOSE: Donate LEAP Program

$21,893

PUEBLO COUNTY

PURPOSE: Showcase Sale

$5,000

VALLEY FIRST

|

|

$10,000

HUERFANO COUNTY

PURPOSE: 4H Fair Board

$5,000

LAS ANIMAS COUNTY

PURPOSE: County Fair Board

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
Trico Electric Cooperative Inc
Marana, AZ
$124,295,012
Tri-County Electric Cooperative Inc
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$116,415,035
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$115,654,284
Lea County Electric Cooperative Inc
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$110,564,018
La Plata Electric Association Inc
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$114,201,372
Mohave Electric Cooperative Inc
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$96,009,131
Canadian Valley Electric Cooperative Inc
Seminole, OK
$68,485,719
Northeast Oklahoma Electric Cooperative Inc
Vinita, OK
$90,231,866
Victory Electric Cooperative Association Inc
Dodge City, KS
$87,729,431
Verdigris Valley Electric Cooperative Incorporated
Collinsville, OK
$86,227,186
Moon Lake Electric Association Inc
Roosevelt, UT
$95,645,616
Cotton Electric Cooperative Inc
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$83,727,067
Delta-Montrose Electric Association
Montrose, CO
$78,980,604
Central Rural Electric Cooperative
Stillwater, OK
$77,622,846
Pioneer Electric Cooperative Inc
Ulysses, KS
$84,514,183
High Plains Power Inc
Riverton, WY
$80,362,207
Cimarron Electric Cooperative Inc
Kingfisher, OK
$79,539,937
Yampa Valley Electric Association Inc
Steamboat Springs, CO
$75,827,227
Lower Valley Energy Inc
Afton, WY
$77,896,056
Lake Region Electric Cooperative Inc
Hulbert, OK
$72,029,079
Central Valley Electric Cooperative Inc
Artesia, NM
$72,029,196
Navopache Electric Cooperative Incorporated
Lakeside, AZ
$68,911,479
Continental Divide Electric Cooperative Inc
Grants, NM
$69,570,042
High West Energy Inc
Pine Bluffs, WY
$68,151,624
East Central Oklahoma Electric Cooperative Inc
Okmulgee, OK
$67,178,316

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