Overview
What is Valley Electric Association Inc?
Valley Electric Association Inc is a Nevada-based cooperative nonprofit organization, with a PO Box address in Pahrump, providing electric and internet services to its members. With a workforce of 169 employees, their mission is to deliver quality and reliable energy to enhance the lives of the communities they serve. They allocate patronage capital to ensure cooperative ownership and had 24,502 active services as of the year end.
Official website here: www.vea.coop
Is Valley Electric Association Inc legitimate?
Valley Electric Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Valley Electric Association 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: $2,411,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,378,235
For more financial information, click here
Official website here: www.vea.coop
What is the mission statement of Valley Electric Association Inc?
Valley Electric Association Inc is dedicated to delivering quality and reliable electric and internet services to its cooperative members. The organization's mission goes beyond just providing energy; it aims to enhance the lives of the people and communities it serves. By operating on a cooperative basis, Valley Electric Association Inc allocates patronage capital to its members. At the end of the year, there were 24,502 active services being provided by the association.
Official website here: www.vea.coop
Who is the CEO of Valley Electric Association Inc?
Mark Stallons is the Ceo of Valley Electric Association Inc. The CEO's salary of Valley Electric Association Inc is $379,194 and their total compensation is $516,540.
Official website here: www.vea.coop
What is the revenue of Valley Electric Association Inc?
Valley Electric Association Inc's revenue in 2022 was $99,856,868.
Official website here: www.vea.coop
Who are the executives of Valley Electric Association Inc and what are their salaries?
The average compensation at Valley Electric Association Inc during 2022 was $57,925. There are 169 employees at Valley Electric Association Inc.
Here are 24 key members and their salaries (Valley Electric Association Inc's CEO's salary is $379,194 and their total compensation is $516,540):
- Mark Stallons (Ceo)
- Steve Morrison (Cfo)
- Michael Geoffroy (Mgr Of System Operations)
- Logan Gernet (Vp Engineering & Power Supply)
- Justin Boyer (Area Foreman)
- Joe Fieldsted (Mgr Of Safety)
- Benjamin Veloz (Journeyman Lineman)
- Aaron Fritz (Journeyman Lineman)
- Ryan Farnsworth (Area Foreman)
- Jack Venezio (Mgr Of Network Infrastructure)
- Timothy Dunlap (Line Crew Superintendent)
- Emily Schneider (Mgr Of Regulatory Compliance)
- Bart Thurgood (Former Evp Human Resources)
- Nathan Johnson (Former Evp Broadband)
- James Caple (Former Dir Support Serv/Emp Develop)
- Mindy Morrow (Former Dir Admin & Accounting)
- Michelle Caird (Vice President) [Trustee/Director]
- Kathleen Keyes (President) [Trustee/Director]
- Frank Jarvis (Secretary) [Trustee/Director]
- Paul Healey (Treasurer) [Trustee/Director]
- Terrie D'Antonio (Director)
- Mike Cottingim (Director (July-Dec))
- Bruce Holden (Director (July-Dec))
- Bonnie Groenert (Director (Jan-June))
Official website here: www.vea.coop
Where can I find the form 990 for Valley Electric Association Inc?
The Valley Electric Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.vea.coop
Learn more at the official website: www.vea.coop
Mission Statement of Valley Electric Association Inc
Valley Electric Association Inc, a cooperative dedicated to providing quality and reliable electric and internet service, strives to enhance the lives of the people and communities it serves. Through the cooperative model, the organization allocates patronage capital to deliver electric energy to its members. In doing so, Valley Electric Association Inc serves a total of 24,502 active services at year end. By focusing on improving lives, the Association goes beyond just supplying electricity. Its mission is deeply rooted in ensuring the communities it serves receive the essential energy they need to thrive. This commitment to quality and reliability empowers individuals and families to build better futures, fueling progress and development within the communities Valley Electric Association Inc serves.
Impact
This information is meant to be a general summary of Valley Electric Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Valley Electric Association Inc's impact lies in providing quality and reliable electric and internet services to its members in a cooperative manner. By ensuring access to essential services like electric energy and internet, Valley Electric Association Inc plays a crucial role in improving the lives of the people and communities it serves. With a mission focused on public benefit, the organization's efforts contribute to enhancing the overall well-being and connectivity of its members in Pahrump, NV and beyond.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$77,850,978
BROADBAND REVENUE
Revenue
$10,615,043
WHEELING & TRANSMISSION REVENUE
Revenue
$9,341,356
PATRONAGE DIVIDENDS
Revenue
$1,162,622
SERVICE FEES
Revenue
$122,132
Organization Details
Founding Year
1965
Phone
(775) 727-5312
Principal Officer
Mark Stallons
Main Address
PO BOX 237, PAHRUMP, NV, 89041
Website
www.vea.coop
NTEE Category
Code: W80 - Public benefit
If you are a representative of Valley Electric Association 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.