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SOUTHERN INDIANA REC INC

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Public IRS 990 nonprofit record

SOUTHERN INDIANA REC INC

EIN 35-0672654 · Public Utilities (W80)

What they do

to PROVIDE SAFE, RELIABLE, and AFFORDABLE POWER WHILE IMPROVING THE QUALITY of LIFE for OUR MEMBERS

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $99.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.94%of revenue went to mission work99.9% of expenses · Program services
$100.00spent for every $100 of revenueRevenue covered expenses this year.
0.06%of revenue went to management and office costs0.1% of expenses
$1.83in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $327,738 for STEVEN SEIBERT (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$46,037,615
Mission workProgram services$46,010,67099.94% of revenue99.9% of expenses
ManagementOffice and general costs$26,9450.06% of revenue0.1% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$46,037,615100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 99.9% mission · 0.1% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

Money in and money out

Revenue$46,037,615
Expenses$46,037,615

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$46,010,670 · 99.9% of expenses
Management and office costs$26,945 · 0.1% of expenses
See all reported dollar amounts
Revenue$46,037,615
Expenses$46,037,615
Assets$84,439,254
Income$46,079,288
Mission work (program services)$46,010,670
Management and general$26,945
Accounting fees$14,140
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
STEVEN SEIBERTPRESIDENT/CEO · 50 hrs/week $327,738Base $250,824 · Other $76,914
STEPHEN FORTWENDELMANAGER OF OPERATIONS · 50 hrs/week $170,489Base $123,669 · Other $46,820
TRAVIS GOFFINETJOURNEYMAN LINEMAN · 45 hrs/week $167,197Base $125,352 · Other $41,845
TODD HAMMONDMANAGER OF ENGINEERING · 40 hrs/week $163,402Base $114,051 · Other $49,351
CLINT HEEKEJOURNEYMAN LINEMAN · 44 hrs/week $147,272Base $116,254 · Other $31,018
JARRETT HAWHEEJOURNEYMAN LINEMAN · 45 hrs/week $129,808Base $109,050 · Other $20,758
RANDALL KLEAVINGDIRECTOR · 3 hrs/week $13,200
DAVID LYNCHDIRECTOR · 4 hrs/week $11,800
JEFF VOGELCHAIRMAN · 4 hrs/week $10,800
KYLE KNIERIEMDIRECTOR · 4 hrs/week $10,400
CHRIS BURROUGHSDIRECTOR · 3 hrs/week $10,050
DIRK STEINSECRETARY/TREASURER · 4 hrs/week $9,800

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

STEVEN SEIBERTPRESIDENT/CEO

STEPHEN FORTWENDELMANAGER OF OPERATIONS

TRAVIS GOFFINETJOURNEYMAN LINEMAN

TODD HAMMONDMANAGER OF ENGINEERING

CLINT HEEKEJOURNEYMAN LINEMAN

JARRETT HAWHEEJOURNEYMAN LINEMAN

RANDALL KLEAVINGDIRECTOR

DAVID LYNCHDIRECTOR

JEFF VOGELCHAIRMAN

KYLE KNIERIEMDIRECTOR

CHRIS BURROUGHSDIRECTOR

DIRK STEINSECRETARY/TREASURER

GARY WANINGERVICE CHAIRMAN

About this charity

Recognized since
January 1942
Location
PO BOX 219, TELL CITY, IN 47586-0219
County
Perry
In care of
STEVE SEIBERT
Primary officer
STEVE SEIBERT, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
LWG CPAS & ADVISORS
NTEE classification
Public Utilities (W80)
IRS tax category
Public Utilities

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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