Vernon Electric Cooperative

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

EIN: 390677390 ✦ Westby, WI ✦ Designated as a 501(c)(12)

Overview

What is Vernon Electric Cooperative?

The Vernon Electric Cooperative is a nonprofit organization based at 110 Saugstad Road, Westby, Wisconsin, with a membership of 32 employees. Their primary mission is to provide electric energy to their cooperative members, ensuring that communities have access to essential energy services. By focusing on member needs, Vernon Electric Cooperative aims to create a sustainable and reliable energy infrastructure.


Is Vernon Electric Cooperative legitimate?

Vernon Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Vernon 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: $404,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Vernon Electric Cooperative?
Who is the CEO of Vernon Electric Cooperative?
What is the revenue of Vernon Electric Cooperative?
Who are the executives of Vernon Electric Cooperative and what are their salaries?
Where can I find the form 990 for Vernon Electric Cooperative?

Mission Statement of Vernon Electric Cooperative

Vernon Electric Cooperative, a dedicated organization, is committed to delivering electric energy to its cooperative members. This mission is at the very heart of Vernon Electric Cooperative's existence, with the focus being on providing essential power to its community of members. By supplying electric energy, Vernon Electric Cooperative plays a crucial role in supporting the daily lives and livelihoods of those it serves. The cooperative's unwavering dedication to this purpose ensures that its members have consistent access to a reliable energy source, enabling them to carry out their activities with ease and efficiency. Through its mission, Vernon Electric Cooperative contributes significantly to the quality of life of its members, empowering them to thrive in their personal and professional pursuits.

Impact

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




Thursday, August 15, 2024

Vernon Electric Cooperative's impact lies in providing reliable and affordable electric energy to its members. Through its operations in Westby, WI, the cooperative ensures that its members have access to essential electricity services. By fulfilling its mission of providing electric energy, Vernon Electric Cooperative plays a crucial role in supporting the community's well-being and development.





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: $138,926
  • Program Service Revenue: $23,243,188
  • Gross Receipts: $23,783,914

    • Assets and Liabilities:
  • Total Assets: $73,168,064
  • Total Liabilities: $37,909,491
  • Net Assets: $35,258,573
  • Programs

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

    ELECTRIC REVENUE

    Revenue

    $22,658,946

    OTHER REVENUE

    Revenue

    $584,242

    Organization Details

    Founding Year

    1936

    Principal Officer

    Craig Buros

    Main Address

    110 SAUGSTAD ROAD, WESTBY, WI, 546678426

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Vernon 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.