Warren Rural Electric Cooperative Corporation

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

EIN: 610375145 ✦ Bowling green, KY ✦ Designated as a 501(c)(12)

Overview

What is Warren Rural Electric Cooperative Corporation?

Warren Rural Electric Cooperative Corporation, located in Bowling Green, Kentucky, is a member-owned cooperative that provides competitively-priced electricity and utility services to its members, customers, and communities. With a workforce of 173 employees, the organization is dedicated to delivering up-to-date, reliable, and affordable electricity and utility services. As a cooperative, Warren RECC prioritizes the needs of its members and the communities it serves, striving for excellence in every aspect of its operations.


Official website here: www.wrecc.com

Is Warren Rural Electric Cooperative Corporation legitimate?

Warren Rural Electric Cooperative Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Warren Rural Electric Cooperative Corporation 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: $1,214,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,955,557

For more financial information, click here


Official website here: www.wrecc.com

What is the mission statement of Warren Rural Electric Cooperative Corporation?

Warren Rural Electric Cooperative Corporation, as a member-owned cooperative, is dedicated to meeting the needs of its community by providing up-to-date, reliable, and competitively-priced electricity and utility services. Striving for member satisfaction, Warren RECC aims to deliver essential energy solutions while keeping affordability a top priority. The cooperative's mission is to ensure a dependable energy infrastructure, enabling members to power their homes and businesses efficiently. Additionally, it is committed to fostering strong relationships with its customers and communities, creating a sustainable energy future together.


Official website here: www.wrecc.com

Who is the CEO of Warren Rural Electric Cooperative Corporation?

Dewayne Mcdonald is the Board Member of Warren Rural Electric Cooperative Corporation. The CEO's salary of Warren Rural Electric Cooperative Corporation is $231,045 and their total compensation is $303,711.


Official website here: www.wrecc.com

What is the revenue of Warren Rural Electric Cooperative Corporation?

Warren Rural Electric Cooperative Corporation's revenue in 2022 was $226,511,221.


Official website here: www.wrecc.com

Who are the executives of Warren Rural Electric Cooperative Corporation and what are their salaries?

The average compensation at Warren Rural Electric Cooperative Corporation during 2022 was $47,224. There are 173 employees at Warren Rural Electric Cooperative Corporation.

Here are 19 key members and their salaries (Warren Rural Electric Cooperative Corporation's CEO's salary is $231,045 and their total compensation is $303,711):

    Dewayne Mcdonald (President & Ceo)
  • Compensation: $231,045
  • Related: $0
  • Other: $72,666

    • Charles Massey (Vp Of Engineering & Operations)
  • Compensation: $162,043
  • Related: $0
  • Other: $36,056

    • Patty Kantosky (Vp Of Member And Customer Service)
  • Compensation: $135,408
  • Related: $0
  • Other: $61,990

    • Andrew Lindsey (Sr. Manager Of Engineering)
  • Compensation: $131,110
  • Related: $0
  • Other: $60,304

    • Rox'Anne Gray (Former Vp Of Administrative Services)
  • Compensation: $143,925
  • Related: $0
  • Other: $40,596

    • Gregg Weathers (Sr. Manager Of Operations)
  • Compensation: $127,953
  • Related: $0
  • Other: $55,379

    • Mark Cardwell (Operations Supervisor)
  • Compensation: $135,298
  • Related: $0
  • Other: $46,928

    • Gary Dunagan (Former Manager Of Info. Technology)
  • Compensation: $138,254
  • Related: $0
  • Other: $33,746

    • Amanda Hunley (Vp Of Administrative Services)
  • Compensation: $114,329
  • Related: $0
  • Other: $53,144

    • Joshua Poston (Operations Supervisor)
  • Compensation: $130,239
  • Related: $0
  • Other: $36,888

    • Dennis Ingram (Board Member) [Trustee/Director]
  • Compensation: $20,811
  • Related: $0
  • Other: $0

    • Chris Gravil (Board Member) [Trustee/Director]
  • Compensation: $19,811
  • Related: $0
  • Other: $0

    • Tim Purcell (Board Member) [Trustee/Director]
  • Compensation: $19,361
  • Related: $0
  • Other: $0

    • Ne Reed (Board Member) [Trustee/Director]
  • Compensation: $19,318
  • Related: $0
  • Other: $0

    • Joe Neely (Board Member (Retired 7/31/21)) [Trustee/Director]
  • Compensation: $11,764
  • Related: $0
  • Other: $0

    • Thomas Dotson (Board Member) [Trustee/Director]
  • Compensation: $10,906
  • Related: $0
  • Other: $0

    • Tim Westbrook (Board Member) [Trustee/Director]
  • Compensation: $6,870
  • Related: $0
  • Other: $0

    • Randy Mann (Board Member) [Trustee/Director]
  • Compensation: $6,870
  • Related: $0
  • Other: $0

    • Terry Garmon (Board Member) [Trustee/Director]
  • Compensation: $4,648
  • Related: $0
  • Other: $0


  • Official website here: www.wrecc.com

    Where can I find the form 990 for Warren Rural Electric Cooperative Corporation?

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


    Official website here: www.wrecc.com

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

    Mission Statement of Warren Rural Electric Cooperative Corporation

    Warren Rural Electric Cooperative Corporation, a member-owned cooperative, is dedicated to fulfilling the electricity and utility needs of its members, customers, and communities. This organization strives to deliver up-to-date, dependable, and competitively-priced services, ensuring that the essential energy requirements of its clientele are met.

    At the heart of its operations, Warren RECC prioritizes the well-being of its members and the communities it serves. By maintaining a strong commitment to providing affordable and reliable energy solutions, the cooperative enhances the quality of life for those it serves. Its mission extends beyond electricity, as the organization also works to address any other utility needs that may arise, ensuring comprehensive coverage for its clientele.

    As a member-owned cooperative, Warren RECC values the importance of community engagement and collaboration. By focusing on the unique requirements of its members and customers, the organization fosters a strong sense of partnership and trust. This empowering approach enables Warren RECC to effectively meet the diverse energy demands of its clientele and continuously adapt its offerings to maintain competitiveness in the market.

    Impact

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




    Thursday, August 15, 2024

    Warren Rural Electric Cooperative Corporation impacts its community by providing competitively-priced electricity and other utility services to its members, customers, and communities in Bowling Green, KY. By focusing on meeting the needs of its constituents for up-to-date, reliable, and affordable utility services, Warren RECC contributes to the overall well-being and economic development of the region. This cooperative's efforts result in a tangible public benefit, ensuring that residents have access to essential services that are essential for daily living and business operations.





    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: $149,383
  • Program Service Revenue: $226,350,099
  • Gross Receipts: $226,519,224

    • Assets and Liabilities:
  • Total Assets: $321,679,939
  • Total Liabilities: $164,954,533
  • Net Assets: $156,725,406
  • Programs

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

    ELECTRIC SALES

    Revenue

    $221,899,024

    OTHER ELECTRIC INCOME

    Revenue

    $2,837,270

    POLE RENTALS

    Revenue

    $1,613,805

    Organization Details

    Founding Year

    1938

    Principal Officer

    Dewayne Mcdonald

    Main Address

    951 FAIRVIEW AVENUE, BOWLING GREEN, KY, 42101

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Warren Rural Electric Cooperative Corporation 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.