Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1957.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
22 people listed on the 990; $796K paid to officers and key staff.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Scott H Smith | $365,033 | $343,302 | $309,181 | $319,981 | $273,783 |
| Joseph E Hammond | $175,232 | — | — | — | — |
| Amy B Bekele | $150,773 | $142,246 | $129,872 | $126,258 | $123,250 |
| Anita M Wilson | — | $138,847 | $146,990 | $143,400 | $140,021 |
| Kendra Cutno | $105,434 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers utility systems and their staff for regional growth and resource enhancement.
Questions for Southeastern Electric Exchange INC
Your first name shows with your question. Southeastern Electric Exchange INC answers here, for everyone.
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Conducted 35 working group meetings during the year which were attended by 759 individuals from member companies and provided training and continuing education in the fields of safety and accident prevention; claims administration; integrated resource planning; joint use of facilities and plant; metering and distribution service devices…
Conducted a two and one half-day annual conference which was attended by 2,033 individuals from member companies and trade partners. The conference provided current information and continuing education during sessions on electric distribution; substation; transmission; fleet management & maintenance; real estate & right-of-way…
Membership dues are assessed annually by the board of directors. Affiliate members (service company members) pay the current base dues amount of $3,200. All other members (operating company members) pay base dues equal to $3,000 plus a proportionate amount of the remaining assessment.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.6M | $1.6M |
| InvestmentsLn 11–13 | $5.4M | $7.0M |
| Land, buildings, equipmentLn 10c | $22K | $52K |
| Total assetsLn 16 | $7.1M | $9.0M |
| LiabilitiesLn 26 | $1.0M | $1.1M |
| Net assetsLn 32 | $6.0M | $7.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $436K | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $528K | |||
| Pension plan contributionsLn 8 | $52K | |||
| Other employee benefitsLn 9 | $86K | |||
| Payroll taxesLn 10 | $57K | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $2K | |||
| Accounting feesLn 11c | $63K | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $19K | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $59K | |||
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $72K | |||
| TravelLn 17 | $71K | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $1.6M | |||
| InterestLn 20 | $672 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $5K | |||
| InsuranceLn 23 | $7K | |||
| Total functional expensesLn 25 | $3.0M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $4.7M | $3.0M | $1.7M | $7.9M | 990 PDF |
| FY2024 | $4.3M | $3.1M | $1.2M | $6.0M | 990 PDF |
| FY2023 | $3.6M | $2.7M | $968K | $4.7M | 990 PDF |
| FY2022 | $3.3M | $2.0M | $1.3M | $3.7M | 990 PDF |
| FY2021 | $1.1M | $1.2M | −$101K | $2.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $4,729,440 revenue, 12 lines filed
Part VI · Governance 19 of 19 board members independent, no flags
Part VIII · Statement of revenue $4,729,440 across 9 lines filed
Part IX · Statement of functional expenses $3,023,590 across 29 lines filed
Part X · Balance sheet $9,013,078 assets, 24 lines filed
Part XI · Reconciliation of net assets $7,943,880 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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