Wayne-White Counties Electric Cooperative Inc

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

EIN: 370574965 ✦ Fairfield, IL ✦ Designated as a 501(c)(12)

Overview

What is Wayne-White Counties Electric Cooperative Inc?

Wayne-White Counties Electric Cooperative Inc, established in 1937, is a nonprofit organization serving consumer members in eleven counties in southern Illinois. Committed to providing affordable electricity, this cooperative is dedicated to enhancing the lives of its members by delivering excellent electric services and superior customer service. The cooperative's mission encompasses more than just electricity, striving to improve its members' quality of life with fair and affordable prices. Founded over eight decades ago, Wayne-White Counties Electric Cooperative continues its legacy of providing essential energy services to its community.


Official website here: www.waynewhitecoop.com

Is Wayne-White Counties Electric Cooperative Inc legitimate?

Wayne-White Counties Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wayne-White Counties Electric Cooperative 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: $35,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,680,167

For more financial information, click here


Official website here: www.waynewhitecoop.com

What is the mission statement of Wayne-White Counties Electric Cooperative Inc?

Wayne-White Counties Electric Cooperative is committed to delivering excellent electric services and superior customer service to its member-owners. The cooperative, established in 1937, aims to improve the quality of life of its consumers in an affordable manner. It provides electric power to communities in areas of 11 counties in Illinois. The organization's mission goes beyond just electricity; it strives to offer additional services that enhance the overall well-being of its members. By providing fair and affordable prices, Wayne-White Counties Electric Cooperative demonstrates its dedication to meeting the needs of its community.


Official website here: www.waynewhitecoop.com

Who is the CEO of Wayne-White Counties Electric Cooperative Inc?

Chris Hopfinger is the Director of Wayne-White Counties Electric Cooperative Inc. The CEO's salary of Wayne-White Counties Electric Cooperative Inc is $153,774 and their total compensation is $186,643.


Official website here: www.waynewhitecoop.com

What is the revenue of Wayne-White Counties Electric Cooperative Inc?

Wayne-White Counties Electric Cooperative Inc's revenue in 2022 was $47,895,161.


Official website here: www.waynewhitecoop.com

Who are the executives of Wayne-White Counties Electric Cooperative Inc and what are their salaries?

The average compensation at Wayne-White Counties Electric Cooperative Inc during 2022 was $31,192. There are 55 employees at Wayne-White Counties Electric Cooperative Inc.

Here are 15 key members and their salaries (Wayne-White Counties Electric Cooperative Inc's CEO's salary is $153,774 and their total compensation is $186,643):

    Christopher Hopfinger (Ceo)
  • Compensation: $153,774
  • Related: $0
  • Other: $32,869

    • Nathan Coston (Lineman)
  • Compensation: $140,392
  • Related: $0
  • Other: $24,686

    • Tom Flannigan (Lineman)
  • Compensation: $139,253
  • Related: $0
  • Other: $23,730

    • David Vaughan (Lineman)
  • Compensation: $135,106
  • Related: $0
  • Other: $24,255

    • Jason Mckinney (Lineman)
  • Compensation: $131,910
  • Related: $0
  • Other: $23,636

    • Cody Richards (Lineman)
  • Compensation: $131,641
  • Related: $0
  • Other: $23,618

    • Andy Glover (Secretary) [Trustee/Director]
  • Compensation: $4,300
  • Related: $0
  • Other: $0

    • Noel Edmison (Vice Chairman) [Trustee/Director]
  • Compensation: $3,450
  • Related: $0
  • Other: $0

    • Dale Harris (Director)
  • Compensation: $3,200
  • Related: $0
  • Other: $0

    • Ken Lamont (Chairman) [Trustee/Director]
  • Compensation: $3,050
  • Related: $0
  • Other: $0

    • Richard Rubenacker (Treasurer) [Trustee/Director]
  • Compensation: $2,950
  • Related: $0
  • Other: $0

    • Larry Hosselton (Director)
  • Compensation: $2,850
  • Related: $0
  • Other: $0

    • Bryan Williams (Director)
  • Compensation: $2,250
  • Related: $0
  • Other: $0

    • Steve Becker (Director)
  • Compensation: $2,050
  • Related: $0
  • Other: $0

    • Wade Marshall (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0


  • Official website here: www.waynewhitecoop.com

    Where can I find the form 990 for Wayne-White Counties Electric Cooperative Inc?

    The Wayne-White Counties Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.waynewhitecoop.com

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

    Mission Statement of Wayne-White Counties Electric Cooperative Inc

    Wayne-White Counties Electric Cooperative, established in 1937, is a dedicated organization committed to serving its member-owners in southern Illinois. The cooperative's primary mission is to deliver excellent electric services and superior customer service at fair and affordable prices. By doing so, it aims to enhance the quality of life for its consumers.

    Founded over eight decades ago, Wayne-White Counties Electric Cooperative has been a trusted provider of affordable electricity in parts of 11 counties in southern Illinois. This nonprofit cooperative has been making a difference in the lives of its members for generations. Its commitment to its mission is reflected in its consistent and reliable electric services that power homes and businesses in the community.

    In addition to providing electric services, Wayne-White Counties Electric Cooperative strives to offer other beneficial services to its members. These offerings are designed to improve the overall well-being of its members and contribute to a better quality of life. The cooperative's dedication to its members extends beyond electricity, making it an essential partner in the community.

    Impact

    This information is meant to be a general summary of Wayne-White Counties Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wayne-White Counties Electric Cooperative Inc's impact is significant in providing affordable electricity to consumer members in parts of 11 counties in southern Illinois. By delivering excellent electric services, superior customer service, and other services that improve the quality of life for its member-owners, the cooperative plays a crucial role in enhancing the overall well-being and sustainability of the communities it serves. With a mission rooted in serving the public benefit, Wayne-White Counties Electric Cooperative Inc contributes to the economic development, stability, and growth of the region through its commitment to fair and affordable prices.





    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: $233,429
  • Program Service Revenue: $45,644,376
  • Gross Receipts: $47,925,510

    • Assets and Liabilities:
  • Total Assets: $117,874,701
  • Total Liabilities: $26,621,137
  • Net Assets: $91,253,564
  • Programs

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

    RESIDENTIAL SALES

    Revenue

    $22,600,061

    COMMERCIAL - LARGE

    Revenue

    $17,952,233

    COMMERCIAL - SMALL

    Revenue

    $3,910,741

    OTHER REVENUE

    Revenue

    $1,181,341

    Organization Details

    Founding Year

    1936

    Principal Officer

    Chris Hopfinger

    Main Address

    PO DRAWER E, FAIRFIELD, IL, 62837

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Wayne-White Counties Electric Cooperative 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.