October 2018

Enhance Your Life with Fish, Horseshoes, Juice and Fiber

By Sean J. Vanslyke

[email protected]

The Who

During the past few weeks, I have had the pleasure to visit with many members at their home and business, along parade routes in Advance and Benton, at a fish fry in Farrenburg and during a horseshoe tournament in Oran. There are other events, but these moments may help paint a picture in your mind about how SEMO Electric Cooperative connects with the communities we serve and why we exist. We exist to help make your life better – via juice and fiber. And we are a little different than most service providers because we are a Cooperative. 

The Why

Did you know the sole purpose of SEMO Electric and GoSEMO is to make people’s lives better? Did you know GoSEMO Fiber is 100% owned by SEMO Electric Cooperative? Did you know if GoSEMO Fiber or SEMO Electric makes a profit we send the money back to our members? Do you realize the reason you receive this magazine – Rural Missouri – is because you are a member-owner/member-consumer of SEMO Electric Cooperative? Did you know that October is Co-op Month? It has been celebrated annually in October across the United States for more than half a century. It is a time for cooperative businesses to reflect on their shared principles and to educate others about the value of belonging to a cooperative. The employees (Team SEMO) of SEMO Electric Cooperative serve you. We appreciate your support.

Porch Light Project

On Saturday, October 27, Team SEMO will walk the streets of Bell City for the Cooperative’s Porch Light Project. We will walk the town to distribute LED bulbs to light up porches. We will team up with a local church to provide a community lunch and the SEMO Food Bank will provide food for up to 200 families.

Last year, you may recall Team SEMO took part in America’s Make A Difference Day with our first ever Porch Light Project in Wilson City and Wyatt. It was an amazing day as we walked door-to-door to distribute LED bulbs to light porches in those communities. Wyatt Baptist Church’s Pastor Richard Dean Wallace was able to coordinate a mobile foodbank and the Wyatt Fire Department was kind enough to host lunch for volunteers and the community. We appreciate the community volunteers and residents who engaged and shared stories with us. It was a blessed event with a single purpose: to improve the lives of others. We look forward to visiting Bell City in a few weeks.

Capital Credits

For the 24th consecutive year, the board of directors has authorized the distribution of cash back to member-consumers. In October, we will mail checks totaling more than $800,000. The funds include margins from 1983, 1984 and a portion from 2016.

As a not-for-profit electric cooperative, SEMO Electric allocates our annual operating margins to members receiving service during the year. These margins (revenue in excess of expenses) are allocated using a proportional ratio and are called capital credits. They are used by the Cooperative for operating funds and are paid back to members as the financial condition of the cooperative permits and as directed by SEMO Electric’s bylaws and board of directors.

Watch your mailbox. We will mail checks during the first part of October to member-consumers’ most current address listed on the co-op’s records. If the amount is $10 or less, the amount will be carried over to next year. Even if you get just enough back to buy dinner, how many service providers send money back to you? Thanks for being a member of the Cooperative! 

Book of the Month

“Imagine trying to move a gigantic boulder with people randomly dispersed all around it, unwittingly pushing against one another as they try to create movement. Without a clear idea of where you want to go, even your most talented and passionately dedicated people will end up on different sides of the boulder. Your Cultural Beliefs statement identifies where everyone should place the energy and effort to start the change process and get things rolling; it determines which side of the boulder everyone should push against.” Roger Connors and Tom Smith – Change the Culture, Change the Game 

Be smart. Act safe.

Sean

Vanslyke is general manager and chief executive officer of SEMO Electric Cooperative. The photo is Sean with an electric meter and a network interface device (NID), which allow SEMO Electric and GoSEMO Fiber to deliver juice and fiber to your home, farm and business to make your life better. 

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