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EIN 88-0086059

Wells Rural Electric Company

IRS 501(c) type
501(c)(12)
Num. employees
63
City
Wells
State
Nevada
Year formed
1958
Most recent tax filings
2023-12-01
NTEE code, primary
W80: Public Utilities
Description
Wells Rural Electric Company improves the quality of life of the communities it serves by meeting the changing needs of its members through its guiding principles. It provides electric energy to its members on a cooperative basis through the allocation of patronage capital, with 6,312 active services at year end.
Total revenues
$50,220,902
2023
Total expenses
$43,638,774
2023
Total assets
$74,702,858
2023
Num. employees
63
2023

Program areas at Wells Rural Electric Company

Providing Electric energy to our members on a cooperative basis through the allocation of patronage capital. There were 6,339 active services at year end.

Grants made by Wells Rural Electric Company

GranteeGrant descriptionAmount
Elko County School District Site Administrators Association2023 Sponsor Donations$9,298

Personnel at Wells Rural Electric Company

NameTitleCompensation
Thad BallardChief Executive Officer$131,179
Ryan BrodshoDirector of Operations / Line Superintendent / Line Superintendent / Line Foreman$138,540
Jeffery R CromieDirector of Strategy and Development / Director Member Services / Chief Operating Officer / Manager of Office Service / Director of Marketing$138,682
Colton RasmussenJourneyman Lineman$144,768
Jacob ManningLine Foreman$152,872
...and 9 more key personnel

Financials for Wells Rural Electric Company

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$43,524,711
Investment income and dividends$382,103
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,314,088
Total revenues$50,220,902

Form 990s for Wells Rural Electric Company

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-06990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Wells Rural Electric Company

OrganizationLocationRevenue
Yampa Valley Electric AssociationSteamboat Springs, CO$75,827,227
Lacreek Electric AssociationMartin, SD$16,464,871
Orcas Power and Light CooperativeEastsound, WA$36,286,957
San Patricio Electric CooperativeSinton, TX$33,604,198
Dakota Valley Electric CooperativeEdgeley, ND$61,076,760
Canadian Valley Electric CooperativeSeminole, OK$68,485,719
New Hampshire Electric Cooperative (NHEC)Plymouth, NH$183,216,707
Pentex EnergyMuenster, TX$60,601,561
Cookson Hills Electric Cooperative (CHEC)Stigler, OK$41,827,049
Mclean Electric CooperativeGarrison, ND$17,551,685
Data update history
September 24, 2024
Updated personnel
Identified 5 new personnel
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
December 30, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 365
Wells, NV 89835
County
Elko County, NV
Website URL
wrec.coop/ 
Phone
(775) 752-3328
IRS details
EIN
88-0086059
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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