West River Electric Assn Inc

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

EIN: 460204517 ✦ Wall, SD ✦ Designated as a 501(c)(12)

Overview

What is West River Electric Assn Inc?

West River Electric Assn Inc is a nonprofit cooperative based in Wall, South Dakota (PO Box 412). They serve approximately 14,911 members by providing safe, reliable, efficient, and reasonably priced electricity. The organization maintains around 2,055 miles of power lines and recently added 48 miles while removing 21 miles. Their mission goes beyond just supplying electricity; they aim to contribute to their community's development for the well-being of their members. West River Electric employs 66 individuals dedicated to ensuring their members receive top-notch electric services.


Official website here: www.westriver.com

Is West River Electric Assn Inc legitimate?

West River Electric Assn Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. West River Electric Assn 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: $718,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,262,558

For more financial information, click here


Official website here: www.westriver.com

What is the mission statement of West River Electric Assn Inc?

West River Electric Assn Inc is dedicated to providing safe, reliable, efficient, and reasonably priced electricity and related services to its members. The cooperative's mission goes beyond just energy provision; it also involves contributing to the development of the community for the well-being of its members. They serve approximately 14,911 members and maintain around 2,055 miles of lines. Over the past year, they added 48 miles of new lines and removed 21 miles of outdated infrastructure to ensure optimal electric service delivery.


Official website here: www.westriver.com

Who is the CEO of West River Electric Assn Inc?

Richard Johnson is the President of West River Electric Assn Inc. The CEO's salary of West River Electric Assn Inc is $270,187 and their total compensation is $485,596.


Official website here: www.westriver.com

What is the revenue of West River Electric Assn Inc?

West River Electric Assn Inc's revenue in 2022 was $44,777,288.


Official website here: www.westriver.com

Who are the executives of West River Electric Assn Inc and what are their salaries?

The average compensation at West River Electric Assn Inc during 2022 was $90,615. There are 66 employees at West River Electric Assn Inc.

Here are 16 key members and their salaries (West River Electric Assn Inc's CEO's salary is $270,187 and their total compensation is $485,596):

    Richard Johnson (Ceo/General Manager)
  • Compensation: $270,187
  • Related: $0
  • Other: $215,409

    • Dawn Hilgenkamp (Cfo/Manager Of Finance)
  • Compensation: $144,261
  • Related: $0
  • Other: $125,741

    • Matt Schmahl (Construction Project Manager)
  • Compensation: $126,558
  • Related: $0
  • Other: $88,113

    • Jenny Patterson (Office Services Manager)
  • Compensation: $134,113
  • Related: $0
  • Other: $71,697

    • Lance Steiger (Staking Forman)
  • Compensation: $132,374
  • Related: $0
  • Other: $67,248

    • Mike Letcher (Manager Of Operations)
  • Compensation: $158,545
  • Related: $0
  • Other: $38,182

    • Veronica Kusser (Marketing Manager)
  • Compensation: $139,887
  • Related: $0
  • Other: $15,382

    • Sue Peters (Director)
  • Compensation: $17,550
  • Related: $0
  • Other: $0

    • Stan Anders (Vice-President) [Trustee/Director]
  • Compensation: $16,200
  • Related: $0
  • Other: $0

    • Andy Moon (President) [Trustee/Director]
  • Compensation: $15,725
  • Related: $0
  • Other: $0

    • Marcia M Arneson (Director)
  • Compensation: $15,575
  • Related: $0
  • Other: $0

    • Jamie Lewis (Secretary) [Trustee/Director]
  • Compensation: $15,425
  • Related: $0
  • Other: $0

    • Larry Eisenbraun (Treasurer) [Trustee/Director]
  • Compensation: $14,650
  • Related: $0
  • Other: $0

    • Chuck Sloan (Director)
  • Compensation: $13,975
  • Related: $0
  • Other: $0

    • Howard Knuppe (Director)
  • Compensation: $12,750
  • Related: $0
  • Other: $0

    • Jerry Hammerquist (Director)
  • Compensation: $12,400
  • Related: $0
  • Other: $0


  • Official website here: www.westriver.com

    Where can I find the form 990 for West River Electric Assn Inc?

    The West River Electric Assn Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.westriver.com

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

    Mission Statement of West River Electric Assn Inc

    West River Electric Assn Inc, a cooperative dedicated to electricity provision, strives to ensure the delivery of safe, reliable, efficient, and reasonably priced electricity and related services to its approximately 14,911 members. The organization's mission goes beyond just electricity; it aims to contribute positively to the development of its community for the benefit of its members.

    With a commitment to safety and reliability, West River Electric Assn Inc maintains an extensive electrical infrastructure, consisting of about 2,055 miles of lines. In its continuous efforts to enhance its services, the cooperative added 48 miles of new lines and removed 21 miles of obsolete lines during a recent period. By doing so, it ensures the availability of electricity to an expanding member base while keeping the network efficient and effective.

    West River Electric Assn Inc is not only a provider of electricity but also a community leader, dedicated to improving the well-being of its members. Through its operations, it ensures a consistent power supply, enabling members to carry out their daily activities with minimal interruptions. The organization's mission extends beyond electricity, as it seeks to contribute to the growth and progress of the community it serves.

    Impact

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




    Thursday, August 15, 2024

    West River Electric Assn Inc has a significant impact by providing safe, reliable, efficient, and reasonably priced electricity to approximately 14,911 members. The organization maintains over 2,000 miles of electric lines, constantly working to improve and expand its services. By adding 48 miles of line and removing 21 miles of line, West River Electric Assn Inc is committed to meeting the energy needs of its community while also leading in the development for the well-being of its members. This contributes to the overall development and sustainability of the area it serves in Wall, SD.





    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: $130,100
  • Program Service Revenue: $44,576,308
  • Gross Receipts: $45,570,202

    • Assets and Liabilities:
  • Total Assets: $152,133,230
  • Total Liabilities: $103,697,703
  • Net Assets: $48,435,527
  • Programs

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

    SALE OF POWER

    Revenue

    $41,606,307

    CAPITAL CREDITS

    Revenue

    $2,690,146

    OTHER OPERATING

    Revenue

    $279,855

    Organization Details

    Founding Year

    1939

    Principal Officer

    Richard Johnson

    Main Address

    PO BOX 412, WALL, SD, 57790

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of West River Electric Assn 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.