Barron Electric Cooperative

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

EIN: 390150875 ✦ Barron, WI ✦ Designated as a 501(c)(12)

Overview

What is Barron Electric Cooperative?

Barron Electric Cooperative is a member-owned business based in Barron, Wisconsin. With a team of 48 employees, they provide reliable electric energy and related services to their community, adhering to cooperative principles. In 2022, they sold an impressive 373,181,966 KWH of electricity to their members. Their mission is to offer affordable, competitively priced energy and maximize value for members, ensuring the wise use of resources and technology.


Official website here: www.barronelectric.com/

Is Barron Electric Cooperative legitimate?

Barron Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Barron Electric Cooperative 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: $452,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.barronelectric.com/

What is the mission statement of Barron Electric Cooperative?

Barron Electric Cooperative is a member-owned business dedicated to providing reliable electric energy and related services to its community under cooperative principles. The cooperative's mission is to enhance the quality of life in the area it serves by safely delivering energy, products, and services to customers. In 2022, the cooperative sold over 373 million kilowatt-hours of electricity to members. Consistent with the cooperative's mission, it offers competitively priced energy and related services to customers on a not-for-profit basis, ensuring maximum value to members through the wise use of resources and technology.


Official website here: www.barronelectric.com/

Who is the CEO of Barron Electric Cooperative?

Aaron Torud is the Vice President of Barron Electric Cooperative.


Official website here: www.barronelectric.com/

What is the revenue of Barron Electric Cooperative?

Barron Electric Cooperative's revenue in 2022 was $40,862,281.


Official website here: www.barronelectric.com/

Who are the executives of Barron Electric Cooperative and what are their salaries?

The average compensation at Barron Electric Cooperative during 2022 was $9,424. There are 48 employees at Barron Electric Cooperative.

Here are 15 key members and their salaries:

    Aaron Torud (General Manager)
  • Compensation: $174,761
  • Related: $0
  • Other: $173,556

    • Mandy Straw (Director Of Finance)
  • Compensation: $109,792
  • Related: $0
  • Other: $112,933

    • Nathan Steines (Director Of Operations)
  • Compensation: $114,282
  • Related: $0
  • Other: $107,845

    • Jennifer Beaudette (Director Of Member Services)
  • Compensation: $100,002
  • Related: $0
  • Other: $117,879

    • Jeffrey Nelson (Line Superintendent)
  • Compensation: $118,500
  • Related: $0
  • Other: $69,245

    • Scott Devoe (Line Superintendent)
  • Compensation: $110,052
  • Related: $0
  • Other: $77,188

    • Randy Cook (President) [Trustee/Director]
  • Compensation: $17,071
  • Related: $0
  • Other: $0

    • Larry Kuhl (Director)
  • Compensation: $13,201
  • Related: $0
  • Other: $0

    • Michael Baker (Vice President) [Trustee/Director]
  • Compensation: $12,055
  • Related: $0
  • Other: $0

    • Timothy Kessler (Treasurer) [Trustee/Director]
  • Compensation: $11,401
  • Related: $0
  • Other: $0

    • Scott Warwick (Secretary) [Trustee/Director]
  • Compensation: $11,140
  • Related: $0
  • Other: $0

    • David Olson (Director)
  • Compensation: $10,421
  • Related: $0
  • Other: $0

    • Patricia Mandel (Director)
  • Compensation: $10,137
  • Related: $0
  • Other: $0

    • Richard Bol (Director)
  • Compensation: $9,708
  • Related: $0
  • Other: $0

    • William Effertz (Director)
  • Compensation: $8,904
  • Related: $0
  • Other: $0


  • Official website here: www.barronelectric.com/

    Where can I find the form 990 for Barron Electric Cooperative?

    The Barron Electric Cooperative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.barronelectric.com/

    Learn more at the official website: www.barronelectric.com/

    Mission Statement of Barron Electric Cooperative

    Barron Electric Cooperative, a member-owned business, is dedicated to providing reliable electric energy and related services to its members under cooperative principles. The cooperative's mission is to improve the quality of life in the area it serves by safely delivering energy, products, and services at competitively priced rates on a not-for-profit basis. In 2022, Barron Electric Cooperative sold a significant amount of electricity, totaling 373,181,966 KWH, to its members. Committed to maximizing value to its members, the cooperative wisely utilizes resources and technology to provide energy and related services consistently and efficiently. Barron Electric Cooperative's operations prioritize the needs of its members while maintaining a focus on the wise use of resources and advanced technology to ensure the delivery of high-quality energy services.

    Impact

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




    Thursday, August 15, 2024

    Barron Electric Cooperative plays a pivotal role in the community by providing reliable electric energy and related services to its members under cooperative principles. In 2022 alone, the cooperative sold 373,181,966 kWh of electricity to its members, showcasing its commitment to meeting the energy needs of the community. By offering competitively priced energy and related services on a not-for-profit basis, Barron Electric Cooperative ensures that its members receive maximum value while utilizing resources and technology wisely. This cooperative, based in Barron, WI, is dedicated to enhancing the quality of life in the area it serves through the safe provision of energy, products, and services, ultimately making a significant public benefit impact.





    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: $37,828
  • Program Service Revenue: $39,524,464
  • Gross Receipts: $40,906,234

    • Assets and Liabilities:
  • Total Assets: $86,521,294
  • Total Liabilities: $42,052,225
  • Net Assets: $44,469,069
  • Programs

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

    SALE OF POWER

    Revenue

    $39,524,464

    Organization Details

    Founding Year

    1937

    Principal Officer

    Aaron Torud

    Main Address

    PO BOX 40, BARRON, WI, 54812

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Barron Electric Cooperative 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.