Public Charity

SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC

SOUTHERN MARYLAND ELECTRIC COOPERATIVE INC is a nonprofit organization categorized as Public Charity based in HUGHESVILLE, MD. Its most recent IRS filing (2024) reports revenue of $542.5M, expenses of $531.3M, total assets of $1.2B.

EIN: 520492367 HUGHESVILLE, MD Public Utilities NTEE: W80 Latest filing: 2024
Total Revenue$542.5M
Total Expenses$531.3M
Total Assets$1.2B
Grant Records0
Filing Years2019–2024

Mission

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF SOUTHERN MARYLAND ELECTRIC COOPERATIVE.

Officers & Directors

SR VP & CFO Beth A Kennedy
SERVICEMAN Calvin Thomas
DIRECTOR Charles B Bowling Jr
SR VP & CHRO Cindy M Rauner
VP LEGAL AFF Damon Krieger
DIRECTOR Daniel W Dyer

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $542.5M $531.3M $1.2B
2023 $482.1M $479.6M $1.2B
2022 $558.2M $551.7M $1.2B
2020 $421.1M $417.1M $1.1B
2019 $459.8M $455.3M $1.0B

Between 2019 and 2024, reported annual revenue grew from $459.8M to $542.5M (+18%), with total assets most recently reported at $1.2B.

Interactive year-over-year charts and full filing details available with membership.

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