Central Wisconsin Electric Cooperative

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

EIN: 390783977 ✦ Rosholt, WI ✦ Designated as a 501(c)(12)

Overview

What is Central Wisconsin Electric Cooperative?

Central Wisconsin Electric Cooperative is a nonprofit organization based in Rosholt, Wisconsin, committed to providing reliable electricity and related services to its members under cooperative principles. In 2022, the cooperative sold 103 million kWh of electricity to its community. They prioritize affordability, safety, and environmental responsibility, delivering energy to meet the growing needs of their members and the communities they serve. With a workforce of 27 employees, Central Wisconsin Electric Cooperative aims to serve as a trusted energy partner and provider of valued community support.


Official website here: www.cwecoop.com/

Is Central Wisconsin Electric Cooperative legitimate?

Central Wisconsin Electric Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Central Wisconsin 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: $416,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cwecoop.com/

What is the mission statement of Central Wisconsin Electric Cooperative?

Central Wisconsin Electric Cooperative is committed to providing reliable electric energy and related services to its members, upholding cooperative principles. Acting as a trusted energy partner, the cooperative goes beyond electricity provision, offering valued community support. In 2022, the cooperative sold over 103 million kWh of electricity to its members. Adhering to its mission, the cooperative continues to offer affordable energy and additional meritorious services in a safe and environmentally responsible manner, addressing the growing needs of the communities it serves.


Official website here: www.cwecoop.com/

Who is the CEO of Central Wisconsin Electric Cooperative?

Lila A Malvik-Shower is the Chairman of Central Wisconsin Electric Cooperative. The CEO's salary of Central Wisconsin Electric Cooperative is $177,877 and their total compensation is $344,060.


Official website here: www.cwecoop.com/

What is the revenue of Central Wisconsin Electric Cooperative?

Central Wisconsin Electric Cooperative's revenue in 2022 was $18,670,681.


Official website here: www.cwecoop.com/

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

The average compensation at Central Wisconsin Electric Cooperative during 2022 was $15,408. There are 27 employees at Central Wisconsin Electric Cooperative.

Here are 13 key members and their salaries (Central Wisconsin Electric Cooperative's CEO's salary is $177,877 and their total compensation is $344,060):

    Michael L Wade (President/Ceo)
  • Compensation: $177,877
  • Related: $0
  • Other: $166,183

    • Kevin Kurzweil (Vp Of Operations & Enginee)
  • Compensation: $120,911
  • Related: $0
  • Other: $101,004

    • Chris Tuszke (Lineman)
  • Compensation: $115,850
  • Related: $0
  • Other: $89,941

    • Mackenzie C Yarbrough (Crew Foreman)
  • Compensation: $118,602
  • Related: $0
  • Other: $53,958

    • Jarret Brow (Lineman/Journeyman)
  • Compensation: $117,060
  • Related: $0
  • Other: $49,970

    • Wyatt Phillips (Lineman)
  • Compensation: $115,589
  • Related: $0
  • Other: $50,688

    • Tom Smith (Chairman) [Trustee/Director]
  • Compensation: $12,300
  • Related: $0
  • Other: $0

    • Louis Oppor (Director)
  • Compensation: $10,750
  • Related: $0
  • Other: $0

    • Lee Lehrer (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $10,300
  • Related: $0
  • Other: $0

    • Sue Rombalski (Director)
  • Compensation: $10,300
  • Related: $0
  • Other: $0

    • Michael Schultz (Vice Chairman) [Trustee/Director]
  • Compensation: $10,200
  • Related: $0
  • Other: $0

    • Ronald Onesti (Director)
  • Compensation: $9,450
  • Related: $0
  • Other: $0

    • Allen Zander (Director - Part Year)
  • Compensation: $8,650
  • Related: $0
  • Other: $0


  • Official website here: www.cwecoop.com/

    Where can I find the form 990 for Central Wisconsin Electric Cooperative?

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


    Official website here: www.cwecoop.com/

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

    Mission Statement of Central Wisconsin Electric Cooperative

    Central Wisconsin Electric Cooperative, a trusted energy partner, is dedicated to providing reliable electric energy and related services to its members, aligning with cooperative principles. The cooperative's mission goes beyond supplying electricity; it is committed to offering valued community support.

    Central Wisconsin Electric Cooperative sold over 103 million kilowatt-hours of electricity to its members in 2022. This figure underscores its unwavering commitment to delivering dependable and affordable energy. The cooperative's operations are carried out in a safe and environmentally responsible manner, responding to the growing needs of the communities it serves.

    Central Wisconsin Electric Cooperative prides itself on its role as a trusted energy provider. It continues to invest in and maintain a robust electric infrastructure to ensure a reliable source of energy for its members. The cooperative's commitment extends beyond just electricity. It strives to offer additional services of merit to cater to the evolving needs of its communities. By prioritizing the needs of its members, Central Wisconsin Electric Cooperative builds strong relationships and fosters a sense of community.

    Impact

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




    Thursday, August 15, 2024

    Central Wisconsin Electric Cooperative has a significant impact on the community by providing reliable electric energy and related services to its members under cooperative principles. In 2022, the cooperative sold over 103 million kilowatt hours of electricity to its members. By fulfilling its mission of offering reliable, affordable energy and other valuable services in a safe and environmentally responsible manner, the cooperative plays a crucial role in meeting the growing energy needs of the communities it serves. As a trusted energy partner and provider of essential community support, Central Wisconsin Electric Cooperative continues to make a positive difference in the lives of its members and the broader 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: $205,479
  • Program Service Revenue: $18,096,492
  • Gross Receipts: $18,702,089

    • Assets and Liabilities:
  • Total Assets: $63,650,466
  • Total Liabilities: $42,313,412
  • Net Assets: $21,337,054
  • Programs

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

    SALE OF POWER

    Revenue

    $18,096,492

    Organization Details

    Founding Year

    1938

    Principal Officer

    Lila A Malvik-Shower

    Main Address

    PO BOX 100, ROSHOLT, WI, 54473

    NTEE Category

    Code: W80 - Public benefit

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