Southwest Louisiana Electric

Southwest Louisiana Electric Overview

Southwest Louisiana Electric is located in Lafayette, LA. The organization was established in 1937. 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 12/2019, Southwest Louisiana Electric employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Louisiana Electric 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 12/2019, Southwest Louisiana Electric generated $236.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $236.5m during the year ending 12/2019. While expenses have increased by 2.1% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

DISTRIBUTION OF ELECTRIC SERVICE TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF ELECTRIC SERVICE TO MEMBERS ON A COOPERATIVE BASIS.


DISTRIBUTION OF ELECTRIC SERVICE TO MEMBERS ON A COOPERATIVE BASIS


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Southwest Louisiana Electric Board, Officers & Key Employees

Name (title)Compensation
Glenn A Tamporello
General Mana
$346,737
Katherine H Domingue
Officer
$240,221
James E Laque Jr
Key Employee
$221,182
John B Meche
Key Employee
$166,371
Glenn M Angelle
Employee
$157,883
Charles D Moore
Employee
$148,274

Southwest Louisiana Electric Vendors

Vendor Name (Service)Compensation
Ernest P Breaux Electrical
Overhead Contra
$2,159,395
Echo Powerline Llc
Electric Constr
$1,608,829
Volt Power Llc
Overhead Const
$1,681,299
Linetec Services Llc
Overhead Constr
$1,558,991
Mccoy Tree Surgery Company
Tree Service
$1,118,115
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$234,577,812
Investment income $880,081
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $615,032
Net Gain/Loss on Asset Sales $118,612
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $236,191,537

Southwest Louisiana Electric Grants Awarded

Over the last fiscal year, Southwest Louisiana Electric has awarded $25,000 in support to 2 organizations.

Grant RecipientAmount

CATHOLIC SERVICES OF ACADIANA INC

Org PageRecipient Profile

Lafayette, LA

|

$17,000

THE TECHE PROJECT

Org PageRecipient Profile

Arnaudville, LA

|

$8,000
View Grant Profile

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