Wright-Hennepin Cooperative Electric Association

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

EIN: 410621437 ✦ Rockford, MN ✦ Designated as a 501(c)(12)

Overview

What is Wright-Hennepin Cooperative Electric Association?

Wright-Hennepin Cooperative Electric Association is a member-owned, not-for-profit electric cooperative serving rural Wright County and western Hennepin County in Minnesota. With a workforce of 132 employees, the cooperative delivers power and competitive pricing to enhance the quality of life for over 58,000 members. They execute a comprehensive strategy that includes purchasing power from multiple providers, their largest expense. The cooperative's mission is centered around delivering essential power, products, and competitive pricing to its members and communities.


Official website here: www.whe.org

Is Wright-Hennepin Cooperative Electric Association legitimate?

Wright-Hennepin Cooperative Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wright-Hennepin Cooperative Electric Association 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: $2,270,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.whe.org

What is the mission statement of Wright-Hennepin Cooperative Electric Association?

Wright-Hennepin Cooperative Electric Association is a not-for-profit electric cooperative that provides power to communities. Their mission is to enhance the quality of life of their members by delivering essential power, products, and competitive pricing. Through a comprehensive strategy, they secure power from multiple providers, making it an integral aspect of their operations. As of December 31, 2022, they served 58,532 members, making a significant impact on these communities. By focusing on delivering these essentials, they aim to improve the lives of the people they serve.


Official website here: www.whe.org

Who is the CEO of Wright-Hennepin Cooperative Electric Association?

Timothy Sullivan is the President & Ceo of Wright-Hennepin Cooperative Electric Association. The CEO's salary of Wright-Hennepin Cooperative Electric Association is $388,411 and their total compensation is $522,335.


Official website here: www.whe.org

What is the revenue of Wright-Hennepin Cooperative Electric Association?

Wright-Hennepin Cooperative Electric Association's revenue in 2022 was $125,595,485.


Official website here: www.whe.org

Who are the executives of Wright-Hennepin Cooperative Electric Association and what are their salaries?

The average compensation at Wright-Hennepin Cooperative Electric Association during 2022 was $17,197. There are 132 employees at Wright-Hennepin Cooperative Electric Association.

Here are 22 key members and their salaries (Wright-Hennepin Cooperative Electric Association's CEO's salary is $388,411 and their total compensation is $522,335):

    Timothy Sullivan (President & Ceo)
  • Compensation: $388,411
  • Related: $33,775
  • Other: $100,149

    • Anthony Heid (Vp Of It (End 05/2022))
  • Compensation: $261,690
  • Related: $74,769
  • Other: $33,336

    • Brian Swanson (Cfo)
  • Compensation: $173,628
  • Related: $115,752
  • Other: $61,170

    • Robert Sandberg (Vp Of Power Supply)
  • Compensation: $254,292
  • Related: $0
  • Other: $77,655

    • Curtis Cordt (Engineering Director)
  • Compensation: $187,200
  • Related: $0
  • Other: $67,269

    • Lee Nordby (Operations Director)
  • Compensation: $193,463
  • Related: $0
  • Other: $58,973

    • Jennifer Severson (Vp Of Human Resources)
  • Compensation: $159,118
  • Related: $45,462
  • Other: $46,536

    • Scott Gearey (Line Crew Foreman)
  • Compensation: $182,898
  • Related: $0
  • Other: $45,154

    • Keith Burandt (Line Crew Foreman)
  • Compensation: $173,364
  • Related: $0
  • Other: $43,985

    • Lars Erickson (Relief Crew Foreman)
  • Compensation: $165,867
  • Related: $0
  • Other: $45,527

    • Jonathan Lee (Lead Line Crew Foreman)
  • Compensation: $163,595
  • Related: $0
  • Other: $18,838

    • Michael Kronquist (Line Crew Foreman)
  • Compensation: $166,942
  • Related: $0
  • Other: $15,197

    • Erick Heinz (Chair) [Trustee/Director]
  • Compensation: $36,309
  • Related: $7,791
  • Other: $0

    • Timothy Young (Vice Chair) [Trustee/Director]
  • Compensation: $29,026
  • Related: $10,924
  • Other: $0

    • Chris Lantto (Director)
  • Compensation: $28,800
  • Related: $9,600
  • Other: $0

    • Michael Tieva (Secretary-Treasurer) [Trustee/Director]
  • Compensation: $29,823
  • Related: $7,602
  • Other: $0

    • Duane Butch Lindenfelser (Director)
  • Compensation: $19,526
  • Related: $17,574
  • Other: $0

    • Pat Bakeberg (Director)
  • Compensation: $27,750
  • Related: $9,250
  • Other: $0

    • John Reynolds (Director)
  • Compensation: $22,722
  • Related: $11,728
  • Other: $0

    • Kenneth Hiebel (Director)
  • Compensation: $24,326
  • Related: $9,374
  • Other: $0

    • Mark Skinner (Director (Beg 05/2022))
  • Compensation: $18,198
  • Related: $6,152
  • Other: $0

    • David Silver (Director (End 04/2022))
  • Compensation: $9,088
  • Related: $5,162
  • Other: $0


  • Official website here: www.whe.org

    Where can I find the form 990 for Wright-Hennepin Cooperative Electric Association?

    The Wright-Hennepin Cooperative Electric Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.whe.org

    Learn more at the official website: www.whe.org

    Mission Statement of Wright-Hennepin Cooperative Electric Association

    Wright-Hennepin Cooperative Electric Association, a member-owned, not-for-profit electric cooperative, is dedicated to delivering essential power, products, and competitive pricing to enhance the quality of life for the communities it serves. This mission is achieved through a well-thought-out strategy plan, which prioritizes purchasing power from multiple providers, a significant expense for the cooperative.

    Located in rural Wright County and western Hennepin County, WHCEA powers the lives of 58,532 members with 4,273 miles of line as of December 31, 2022. The cooperative's commitment to its members extends beyond electricity, as it strives to improve their overall living conditions. By offering competitive pricing, WHCEA enables its members to allocate their resources more effectively and enhances their standard of living. The cooperative's focus on delivering power, products, and competitive pricing is a testament to its dedication to enriching the lives of those it serves.

    Impact

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




    Thursday, August 15, 2024

    Wright-Hennepin Cooperative Electric Association plays a crucial role in providing reliable electricity to rural Wright County and western Hennepin County. With over 58,000 members and more than 4,200 miles of power lines, the cooperative ensures that residents have access to essential services for their daily lives. By executing a comprehensive strategy plan that includes purchasing power from various providers, Wright-Hennepin Cooperative Electric Association delivers affordable electricity to improve the quality of life in the communities it serves. Through its activities, this cooperative has a direct impact on enhancing the well-being and sustainability of the region.





    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: $149,990
  • Program Service Revenue: $120,914,322
  • Gross Receipts: $125,974,784

    • Assets and Liabilities:
  • Total Assets: $243,904,716
  • Total Liabilities: $141,892,516
  • Net Assets: $102,012,200
  • Programs

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

    SALE OF ELECTRICITY

    Revenue

    $120,914,322

    Organization Details

    Founding Year

    1937

    Principal Officer

    Timothy Sullivan

    Main Address

    PO BOX 330, ROCKFORD, MN, 553730330

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Wright-Hennepin Cooperative Electric Association 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.