Wabash Valley Power Association Inc

Wabash Valley Power Alliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351274565 ✦ Indianapolis, IN ✦ Designated as a 501(c)(12)

Overview

What is Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc, also known as Wabash Valley Power Alliance, is a nonprofit electric generation and transmission cooperative headquartered in Indianapolis, Indiana. With a team of 123 employees, their primary mission is to provide wholesale electricity to meet the demands of their electric distribution cooperative members. The cooperative exists to ensure a consistent electricity supply, focusing on the needs of its cooperative members. The organization is based at 6702 INTECH BLVD and is dedicated to delivering electric power to its member cooperatives.


Official website here: www.wvpa.com

Is Wabash Valley Power Association Inc legitimate?

Wabash Valley Power Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wabash Valley Power Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,000,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,443,959

For more financial information, click here


Official website here: www.wvpa.com

What is the mission statement of Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc is a cooperative dedicated to generating and transmitting wholesale electricity to meet the demands of its electric distribution cooperative members. The organization's primary goal is to ensure a consistent electricity supply for its members. The exempt purpose of Wabash Valley Power Association Inc is to provide electricity, serving as a reliable partner in the power production and delivery process for its cooperative members.


Official website here: www.wvpa.com

Who is the CEO of Wabash Valley Power Association Inc?

Jeffrey A Conrad is the Principal Officer of Wabash Valley Power Association Inc. The CEO's salary of Wabash Valley Power Association Inc is $511,844 and their total compensation is $537,155.


Official website here: www.wvpa.com

What is the revenue of Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc's revenue in 2022 was $934,723,597.


Official website here: www.wvpa.com

Who are the executives of Wabash Valley Power Association Inc and what are their salaries?

The average compensation at Wabash Valley Power Association Inc during 2022 was $68,655. There are 123 employees at Wabash Valley Power Association Inc.

Here are 39 key members and their salaries (Wabash Valley Power Association Inc's CEO's salary is $511,844 and their total compensation is $537,155):

    Jeff Conrad (President And Ceo (Beg. 4/2022))
  • Compensation: $517,216
  • Related: $0
  • Other: $81,061

    • Jay Bartlett (President And Ceo (Thru 6/22))
  • Compensation: $511,844
  • Related: $0
  • Other: $25,311

    • Brian Fitzgerald (Exec. Vp, Eng & Op. (Thru 8/2022))
  • Compensation: $475,757
  • Related: $0
  • Other: $35,829

    • John Cassady (Exec. Vp, Public Policy & Advocacy)
  • Compensation: $350,723
  • Related: $0
  • Other: $40,969

    • Kathy Schembs Joyce (Vp Marketing & Comm. (Thru 12/2022))
  • Compensation: $311,650
  • Related: $0
  • Other: $35,901

    • Matthew Moore (Exec. Vp, Power Supply)
  • Compensation: $297,302
  • Related: $0
  • Other: $39,958

    • Jason Marshall (Exec. Vp, Risk, Comp & Reg Affairs)
  • Compensation: $292,265
  • Related: $0
  • Other: $44,893

    • Curtis Taylor (Exec. Vp, Technology Services)
  • Compensation: $295,691
  • Related: $0
  • Other: $35,746

    • Theresa Young (Coo (Beg. 9/2022))
  • Compensation: $272,032
  • Related: $0
  • Other: $31,084

    • Kari Wetter (Manager, Portfolio & Risk)
  • Compensation: $199,022
  • Related: $0
  • Other: $34,806

    • Richard Mullen (Director, Field Operations)
  • Compensation: $198,282
  • Related: $0
  • Other: $32,669

    • Spencer House (Manager, System Operations)
  • Compensation: $185,686
  • Related: $0
  • Other: $39,391

    • Albert Taylor (Director Of Generation)
  • Compensation: $200,396
  • Related: $0
  • Other: $17,423

    • Joan Soller (Director, Grid Innov & Port Int)
  • Compensation: $178,165
  • Related: $0
  • Other: $30,037

    • Dennis Burton (Vice-Chairman) [Trustee/Director]
  • Compensation: $24,900
  • Related: $0
  • Other: $0

    • Philip M Hayes (Chairman) [Trustee/Director]
  • Compensation: $24,300
  • Related: $0
  • Other: $0

    • Kenneth D Denton (Executive Committeemen) [Trustee/Director]
  • Compensation: $20,700
  • Related: $0
  • Other: $0

    • Bart Nesius (Secretary-Treasurer) [Trustee/Director]
  • Compensation: $19,200
  • Related: $0
  • Other: $0

    • Tina Davis (Director)
  • Compensation: $19,200
  • Related: $0
  • Other: $0

    • Jon Rettinger (Director)
  • Compensation: $18,300
  • Related: $0
  • Other: $0

    • Shane Rasler (Director)
  • Compensation: $15,300
  • Related: $0
  • Other: $0

    • Noel Kendall (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • David Janney (Director)
  • Compensation: $13,800
  • Related: $0
  • Other: $0

    • Anthony Fleming (Director)
  • Compensation: $12,900
  • Related: $0
  • Other: $0

    • Hal D Truax (Director)
  • Compensation: $12,600
  • Related: $0
  • Other: $0

    • Douglas H Burnworth (Executive Committeemen) [Trustee/Director]
  • Compensation: $11,700
  • Related: $0
  • Other: $0

    • Rodney Scherer (Director)
  • Compensation: $11,700
  • Related: $0
  • Other: $0

    • Robert Lehmann (Director)
  • Compensation: $10,800
  • Related: $0
  • Other: $0

    • Larry Jack (Director)
  • Compensation: $10,500
  • Related: $0
  • Other: $0

    • Rick Risley (Director)
  • Compensation: $10,500
  • Related: $0
  • Other: $0

    • Alan Schlagenhauf (Director)
  • Compensation: $9,900
  • Related: $0
  • Other: $0

    • Frank Kobilsek (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0

    • Michael R Conner (Director)
  • Compensation: $7,500
  • Related: $0
  • Other: $0

    • Kirk Alter (Director)
  • Compensation: $6,900
  • Related: $0
  • Other: $0

    • Doug Brown (2Nd Vice-Chairman) [Trustee/Director]
  • Compensation: $5,700
  • Related: $0
  • Other: $0

    • Wayne Gingerich (Director (Thru 4/2022))
  • Compensation: $5,100
  • Related: $0
  • Other: $0

    • Clayton Daniel Gard Jr (Director)
  • Compensation: $4,800
  • Related: $0
  • Other: $0

    • Jim Savage (Director)
  • Compensation: $3,300
  • Related: $0
  • Other: $0

    • Robert Angus (Director (Thru 4/2022))
  • Compensation: $2,400
  • Related: $0
  • Other: $0


  • Official website here: www.wvpa.com

    Where can I find the form 990 for Wabash Valley Power Association Inc?

    The Wabash Valley Power Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wvpa.com

    Learn more at the official website: www.wvpa.com

    Mission Statement of Wabash Valley Power Association Inc

    Wabash Valley Power Association Inc, a prominent electric generation and transmission cooperative, is committed to supplying and delivering wholesale power to meet the needs of its electric distribution cooperative members. This not-for-profit organization, with a mission to provide electricity to its members, operates as an essential partner to electric cooperatives across the board.

    At its core, Wabash Valley Power Association Inc serves as a reliable electric power supplier, harnessing the necessary resources to generate and transmit electricity to its cooperative members. By doing so, it ensures a stable power source to support the daily lives and operations of the communities it serves. The cooperative's unwavering dedication to its members' needs is the driving force behind its existence.

    Impact

    This information is meant to be a general summary of Wabash Valley Power Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wabash Valley Power Association Inc plays a crucial role in providing electricity to its members by supplying and delivering wholesale power to meet their needs. This impacts the communities served by ensuring a reliable source of electricity for homes, businesses, and other essential functions. By fulfilling its mission as an electric generation and transmission cooperative, Wabash Valley Power Association Inc contributes to the overall well-being and development of the areas it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,559,339
  • Program Service Revenue: $920,154,233
  • Gross Receipts: $935,205,243

    • Assets and Liabilities:
  • Total Assets: $1,598,590,270
  • Total Liabilities: $1,323,287,342
  • Net Assets: $275,302,928
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALES OF ELECTRICITY

    Revenue

    $893,685,815

    SALES OF TRANS. & DIST

    Revenue

    $17,170,840

    EMISSION ALLOW. SALE

    Revenue

    $9,238,244

    Organization Details

    Founding Year

    1963

    Principal Officer

    Jeffrey A Conrad

    Main Address

    6702 INTECH BLVD, INDIANAPOLIS, IN, 46278

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Wabash Valley Power Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.