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Sumter Electric Cooperative INC

501(c)Fed auditsIRS 990
Other · SUMTERVILLE, FL · EIN 59-0469125

About

As a not-for-profit cooperative, SECO energy provides reliable and innovative energy services to our members and communities.

Donations are NOT tax-deductible
Category
Other
Employees
501
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$523.5M
Expenses
$503.4M
Assets
$1.4B
Liabilities
$1.0B

Financial history

$537.4M$268.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $523.5M · Peak FY2022: $537.4M · Avg: $431.7M
SUMTER ELECTRIC COOPERATIVE INC
Your actions

Address

293 S Us HWY 301
Sumterville, FL, 33585-490

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.