Whitewater Valley Rural Electric Membership Corporation

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

EIN: 351902531 ✦ Liberty, IN ✦ Designated as a 501(c)(12)

Overview

What is Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation is a not-for-profit organization, headquartered in Liberty, Indiana. Their primary mission is to serve rural communities by delivering essential electricity services. Through their electricity distribution, they contribute significantly to the local economy and support the livelihoods of their customers.


Official website here: www.wwvremc.com

Is Whitewater Valley Rural Electric Membership Corporation legitimate?

Whitewater Valley Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Whitewater Valley Rural Electric Membership Corporation 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: $377,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,837

For more financial information, click here


Official website here: www.wwvremc.com

What is the mission statement of Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation is a dedicated organization that focuses on delivering electricity services to rural communities. Based in Liberty, Indiana, the corporation is committed to promoting business growth through the provision of essential electric power. Its mission revolves around ensuring reliable and efficient electricity distribution to its rural clientele, thereby enhancing their standard of living and supporting local economic development. The corporation's dedication to its customers extends beyond just electricity, as it strives to foster community growth and improve the overall quality of life in the areas it serves.


Official website here: www.wwvremc.com

Who is the CEO of Whitewater Valley Rural Electric Membership Corporation?

Mary Jo Thomas is the Chairman of Whitewater Valley Rural Electric Membership Corporation. The CEO's salary of Whitewater Valley Rural Electric Membership Corporation is $215,978 and their total compensation is $300,564.


Official website here: www.wwvremc.com

What is the revenue of Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation's revenue in 2022 was $32,149,264.


Official website here: www.wwvremc.com

Who are the executives of Whitewater Valley Rural Electric Membership Corporation and what are their salaries?

The average compensation at Whitewater Valley Rural Electric Membership Corporation during 2022 was $21,974. There are 29 employees at Whitewater Valley Rural Electric Membership Corporation.

Here are 15 key members and their salaries (Whitewater Valley Rural Electric Membership Corporation's CEO's salary is $215,978 and their total compensation is $300,564):

    Mary Jo Thomas (Chief Executive Officer)
  • Compensation: $215,978
  • Related: $0
  • Other: $84,586

    • Clay Smith (Line Foreman)
  • Compensation: $135,325
  • Related: $0
  • Other: $36,177

    • Eric Seibert (Lineman)
  • Compensation: $121,239
  • Related: $0
  • Other: $47,662

    • Brian Cheatham (Line Foreman)
  • Compensation: $119,560
  • Related: $0
  • Other: $47,513

    • Jimmy Berger (Lineman)
  • Compensation: $115,206
  • Related: $0
  • Other: $45,725

    • Grant Correll (Lineman)
  • Compensation: $114,885
  • Related: $0
  • Other: $33,671

    • Rod West (Chairman) [Trustee/Director]
  • Compensation: $10,915
  • Related: $0
  • Other: $0

    • Mark Singer (Director)
  • Compensation: $10,075
  • Related: $0
  • Other: $0

    • Terry Hillman (Director)
  • Compensation: $9,700
  • Related: $0
  • Other: $0

    • Garry Sayne (Director)
  • Compensation: $8,975
  • Related: $0
  • Other: $0

    • Jodie Creek (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $8,870
  • Related: $0
  • Other: $0

    • Mark Miller (Director)
  • Compensation: $8,700
  • Related: $0
  • Other: $0

    • Joe Nocton (Director)
  • Compensation: $8,325
  • Related: $0
  • Other: $0

    • Ryan Drake (Vice Chairman) [Trustee/Director]
  • Compensation: $8,200
  • Related: $0
  • Other: $0

    • Nate Cantrell (Assist. Secretary/Treasurer) [Trustee/Director]
  • Compensation: $7,575
  • Related: $0
  • Other: $0


  • Official website here: www.wwvremc.com

    Where can I find the form 990 for Whitewater Valley Rural Electric Membership Corporation?

    The Whitewater Valley Rural Electric Membership Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wwvremc.com

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

    Mission Statement of Whitewater Valley Rural Electric Membership Corporation

    Whitewater Valley Rural Electric Membership Corporation, headquartered in Liberty, IN, is a dedicated organization that plays a pivotal role in promoting business growth by providing essential electric services to rural communities. This nonprofit corporation is committed to extending the reach of electricity to enhance the living conditions of its customers.

    By offering electric distribution services to rural communities, Whitewater Valley Rural Electric Membership Corporation empowers businesses and households to thrive, ensuring a consistent power supply that fuels development and progress. The organization's primary mission is to provide electricity to those living in rural areas, making it an invaluable resource for economic growth and sustainable living.

    Whitewater Valley Rural Electric Membership Corporation's unwavering dedication to its customers has been a cornerstone of its success. By focusing on electric distribution services, the organization has been instrumental in enabling businesses and families to prosper in rural areas, fostering a strong and vibrant community. With its commitment to providing electricity, this nonprofit organization is a crucial partner in rural development and progress.

    Impact

    This information is meant to be a general summary of Whitewater Valley Rural Electric Membership Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Whitewater Valley Rural Electric Membership Corporation's impact lies in providing essential electricity distribution services to rural customers in Liberty, IN. By ensuring reliable access to electricity, Whitewater Valley helps enhance the quality of life for individuals and businesses in rural areas. This access to electricity is crucial for economic development, healthcare, education, and overall well-being in the community.





    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: $78,696
  • Program Service Revenue: $31,125,710
  • Gross Receipts: $32,149,264

    • Assets and Liabilities:
  • Total Assets: $78,801,552
  • Total Liabilities: $41,427,384
  • Net Assets: $37,374,168
  • Programs

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

    RESIDENTIAL SALES- FARM

    Revenue

    $20,155,032

    COMMERCIAL AND INDUSTRIAL SALES

    Revenue

    $6,865,887

    RESIDENTIAL SALES- SEASONAL

    Revenue

    $2,965,058

    SALES TO PUBLIC UTILITIES

    Revenue

    $478,551

    SALES TO PUBLIC BUILDINGS

    Revenue

    $385,719

    Organization Details

    Founding Year

    1994

    Principal Officer

    Mary Jo Thomas

    Main Address

    PO BOX 349, LIBERTY, IN, 47353

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Whitewater Valley Rural Electric Membership Corporation 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.