Program areas at Valley Electric Association
Providing Electric energy to our members on a cooperative basis through the allocation of patronage capital. There were 24,867 active services at year end.
Solpower and solpower capital (solpower) are wholly owned subsidiaries of vea; solpower was formed in 2020 to provide solar power services to members of vea.
Prior to the membership approved bylaw amendments in 2018, the cooperative provided internet/broadband services to all subscribers on a non-patronage and unrelated business income basis. One of the membership approved bylaw amendments is to provide internet/broadband services to members on a patronage, nonprofit basis. Therefore, the cooperative has expanded its exempt purposes to include the provision of internet/broadband services to members on a patronage basis. Such services continue to be provided to non-members on a non-patronage basis. There were 11,189 active services at year end.
Financials for Valley Electric Association
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $116,881,072 | $99,092,131 | 18% |
| Investment income and dividends | $304,643 | $86,757 | 251.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $96,170 | $97,410 | -1.3% |
| Net gain from sale of non-inventory assets | $75,729 | $40,146 | 88.6% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $-2,512 | $-4,474 | 43.9% |
| Miscellaneous revenues | $255,311 | $544,898 | -53.1% |
| Total revenues | $117,610,413 | $99,856,868 | 17.8% |
Organizations like Valley Electric Association
| Organization | Type | Location | Revenue |
|---|
| Midwest Electric | 501(c)(12) | Saint Marys, OH | $36,508,490 |
| La Plata Electric Association | 501(c)(12) | Durango, CO | $114,201,372 |
| Navopache Electric Cooperative Incorporated | 501(c)(12) | Lakeside, AZ | $63,579,633 |
| Golden Valley Electric Association | 501(c)(12) | Fairbanks, AK | $295,865,368 |
| Big Country Electric Cooperative | 501(c)(12) | Roby, TX | $46,881,409 |
| Pioneer Electric Cooperative | 501(c)(12) | Ulysses, KS | $84,514,183 |
| Alaska Village Electric Cooperative | 501(c)(12) | Anchorage, AK | $93,293,217 |
| Consolidated Cooperative | 501(c)(12) | Mount Gilead, OH | $62,802,775 |
| Pioneer Rural Electric Cooperative | 501(c)(12) | Piqua, OH | $76,695,547 |
| Butler Rural Electric Cooperative | 501(c)(12) | Oxford, OH | $36,467,194 |
Data update history
February 26, 2025
Updated personnel
Identified 8 new personnel
January 21, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 7, 2025
Used new vendors
Identified 4 new vendors, including , , , and
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Receives government fundingProvides scholarshipsRelated 527
General information
- Address
- PO Box 237
- Pahrump, NV 89041
- County
- Nye County, NV
- Website URL
- vea.coop/Â
- Phone
- (775) 727-5312
- Facebook page
- ValleyElectricÂ
- Twitter profile
- @valley_electricÂ
IRS details
- EIN
- 88-0089964
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1965
- 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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