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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
2022-12-01
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
$45,338,751
2022
Total expenses
$45,284,881
2022
Total assets
$65,706,155
2022
Num. employees
63
2022

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 6,312 active services at year end.

Grants made by Wells Rural Electric Company

GranteeGrant descriptionAmount
Wells Family Resource CenterCamps$6,133

Personnel at Wells Rural Electric Company

NameTitleCompensation
Clay R FitchChief Executive Officer$306,687
Ryan BrodshoDirector of Operations / Line Superintendent / Line Superintendent / Line Foreman$138,540
Thad BallardDirector of Administration and Power Supply / Director of Corporate Services$131,179
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
...and 11 more key personnel

Financials for Wells Rural Electric Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$45,185,922
Investment income and dividends$108,859
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$43,970
Total revenues$45,338,751

Form 990s for Wells Rural Electric Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
2018-122020-01-10990View PDF
...and 9 more Form 990s

Organizations like Wells Rural Electric Company

OrganizationLocationRevenue
Consumers PowerPhilomath, OR$47,215,867
Northeast La Power CooperativeWinnsboro, LA$35,033,427
Continental Divide Electric CooperativeGrants, NM$65,112,432
Sequachee Valley Electric CooperativeSouth Pittsburg, TN$112,585,937
Burke-Divide Electric CooperativeColumbus, ND$23,141,086
Wild Rice Electric CooperativeMahnomen, MN$36,176,837
South Central Electric AssociationSt James, MN$26,307,793
Inland Power and LightSpokane, WA$94,666,539
Socorro Electric CooperativeSocorro, NM$24,844,761
Dixie Escalante Rural Electric AssociationBeryl, UT$51,088,429
Data update history
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
July 6, 2023
Updated personnel
Identified 3 new personnel
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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