Wabash Valley Power Association Inc

Wabash Valley Power Alliance

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

EIN: 351274565 ✦ Indianapolis, IN ✦ Designated as a 501(c)(12)

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Overview

What is Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc, also known as Wabash Valley Power Alliance, is a nonprofit electric generation and transmission cooperative headquartered in Indianapolis, Indiana. With a team of 123 employees, their primary mission is to provide wholesale electricity to meet the demands of their electric distribution cooperative members. The cooperative exists to ensure a consistent electricity supply, focusing on the needs of its cooperative members. The organization is based at 6702 INTECH BLVD and is dedicated to delivering electric power to its member cooperatives.


Official website here: www.wvpa.com

What are the reviews and ratings of this charity?

The Wabash Valley Power Association Inc is currently not rated by Charity Navigator. This lack of rating is not indicative of either a positive or negative evaluation but rather suggests that the organization has not submitted sufficient data for assessment. Charity Navigator requires specific beacons, like Accountability & Finance, which the organization does not currently provide due to its non-501(c)(3) status.

As an independent entity and not a 501(c)(3) IRS registered nonprofit, Wabash Valley Power Association Inc cannot be evaluated on several important metrics, including Leadership & Adaptability and Culture & Community. Historical evaluations by Charity Navigator mostly focused on the Accountability and Finance aspects, but data regarding revenue, expenses, and key persons' salaries are unavailable.

Due to the absence of GreatNonprofits user reviews, there is no additional public feedback to consider in terms of personal experiences or perceptions of this organization. Consequently, the available data offers an incomplete picture of the organization's operational and financial status.


This AI summary has been generated from information found on Charity Navigator.

Is Wabash Valley Power Association Inc legitimate?

Wabash Valley Power Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wabash Valley Power 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,000,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,443,959

For more financial information, click here


Official website here: www.wvpa.com

What is the mission statement of Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc is a cooperative dedicated to generating and transmitting wholesale electricity to meet the demands of its electric distribution cooperative members. The organization's primary goal is to ensure a consistent electricity supply for its members. The exempt purpose of Wabash Valley Power Association Inc is to provide electricity, serving as a reliable partner in the power production and delivery process for its cooperative members.


Official website here: www.wvpa.com

Who is the CEO of Wabash Valley Power Association Inc?

Jeffrey A Conrad is the Principal Officer of Wabash Valley Power Association Inc. The CEO's salary of Wabash Valley Power Association Inc is $511,844 and their total compensation is $537,155.


Official website here: www.wvpa.com

What is the revenue of Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc's revenue in 2022 was $934,723,597.


Official website here: www.wvpa.com

Who are the executives of Wabash Valley Power Association Inc and what are their salaries?

The average compensation at Wabash Valley Power Association Inc during 2022 was $68,655. There are 123 employees at Wabash Valley Power Association Inc.


Here are 39 key members and their salaries (Wabash Valley Power Association Inc's CEO's salary is $511,844 and their total compensation is $537,155):


Dennis Burton (Vice-Chairman)
  • Compensation: $24,900
  • Related: $0
  • Other: $0
Philip M Hayes (Chairman)
  • Compensation: $24,300
  • Related: $0
  • Other: $0
Kenneth D Denton (Executive Committeemen)
  • Compensation: $20,700
  • Related: $0
  • Other: $0
Bart Nesius (Secretary-Treasurer)
  • Compensation: $19,200
  • Related: $0
  • Other: $0
Tina Davis (Director)
  • Compensation: $19,200
  • Related: $0
  • Other: $0
Jon Rettinger (Director)
  • Compensation: $18,300
  • Related: $0
  • Other: $0
Shane Rasler (Director)
  • Compensation: $15,300
  • Related: $0
  • Other: $0
Noel Kendall (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
David Janney (Director)
  • Compensation: $13,800
  • Related: $0
  • Other: $0
Anthony Fleming (Director)
  • Compensation: $12,900
  • Related: $0
  • Other: $0
Hal D Truax (Director)
  • Compensation: $12,600
  • Related: $0
  • Other: $0
Douglas H Burnworth (Executive Committeemen)
  • Compensation: $11,700
  • Related: $0
  • Other: $0
Rodney Scherer (Director)
  • Compensation: $11,700
  • Related: $0
  • Other: $0
Robert Lehmann (Director)
  • Compensation: $10,800
  • Related: $0
  • Other: $0
Larry Jack (Director)
  • Compensation: $10,500
  • Related: $0
  • Other: $0
Rick Risley (Director)
  • Compensation: $10,500
  • Related: $0
  • Other: $0
Alan Schlagenhauf (Director)
  • Compensation: $9,900
  • Related: $0
  • Other: $0
Frank Kobilsek (Director)
  • Compensation: $8,400
  • Related: $0
  • Other: $0
Michael R Conner (Director)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Kirk Alter (Director)
  • Compensation: $6,900
  • Related: $0
  • Other: $0
Doug Brown (2Nd Vice-Chairman)
  • Compensation: $5,700
  • Related: $0
  • Other: $0
Wayne Gingerich (Director (Thru 4/2022))
  • Compensation: $5,100
  • Related: $0
  • Other: $0
Clayton Daniel Gard Jr (Director)
  • Compensation: $4,800
  • Related: $0
  • Other: $0
Jim Savage (Director)
  • Compensation: $3,300
  • Related: $0
  • Other: $0
Robert Angus (Director (Thru 4/2022))
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Jeff Conrad (President And Ceo (Beg. 4/2022))
  • Compensation: $517,216
  • Related: $0
  • Other: $81,061
Jay Bartlett (President And Ceo (Thru 6/22))
  • Compensation: $511,844
  • Related: $0
  • Other: $25,311
Theresa Young (Coo (Beg. 9/2022))
  • Compensation: $272,032
  • Related: $0
  • Other: $31,084
Brian Fitzgerald (Exec. Vp, Eng & Op. (Thru 8/2022))
  • Compensation: $475,757
  • Related: $0
  • Other: $35,829
John Cassady (Exec. Vp, Public Policy & Advocacy)
  • Compensation: $350,723
  • Related: $0
  • Other: $40,969
Curtis Taylor (Exec. Vp, Technology Services)
  • Compensation: $295,691
  • Related: $0
  • Other: $35,746
Jason Marshall (Exec. Vp, Risk, Comp & Reg Affairs)
  • Compensation: $292,265
  • Related: $0
  • Other: $44,893
Kathy Schembs Joyce (Vp Marketing & Comm. (Thru 12/2022))
  • Compensation: $311,650
  • Related: $0
  • Other: $35,901
Matthew Moore (Exec. Vp, Power Supply)
  • Compensation: $297,302
  • Related: $0
  • Other: $39,958
Kari Wetter (Manager, Portfolio & Risk)
  • Compensation: $199,022
  • Related: $0
  • Other: $34,806
Richard Mullen (Director, Field Operations)
  • Compensation: $198,282
  • Related: $0
  • Other: $32,669
Spencer House (Manager, System Operations)
  • Compensation: $185,686
  • Related: $0
  • Other: $39,391
Joan Soller (Director, Grid Innov & Port Int)
  • Compensation: $178,165
  • Related: $0
  • Other: $30,037
Albert Taylor (Director Of Generation)
  • Compensation: $200,396
  • Related: $0
  • Other: $17,423


Official website here: www.wvpa.com

Where can I find the form 990 for Wabash Valley Power Association Inc?

Wabash Valley Power Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wvpa.com

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

Mission Statement of Wabash Valley Power Association Inc

Wabash Valley Power Association Inc, a prominent electric generation and transmission cooperative, is committed to supplying and delivering wholesale power to meet the needs of its electric distribution cooperative members. This not-for-profit organization, with a mission to provide electricity to its members, operates as an essential partner to electric cooperatives across the board.

At its core, Wabash Valley Power Association Inc serves as a reliable electric power supplier, harnessing the necessary resources to generate and transmit electricity to its cooperative members. By doing so, it ensures a stable power source to support the daily lives and operations of the communities it serves. The cooperative's unwavering dedication to its members' needs is the driving force behind its existence.

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Impact




October, 2024

Wabash Valley Power Association Inc plays a crucial role in the energy landscape by supplying and delivering wholesale power to its electric distribution cooperative members. This support enables local cooperatives to provide reliable and affordable electricity to their communities. Operating out of Indianapolis, Indiana, the association focuses on meeting the growing energy needs of its members while promoting efficient and sustainable energy practices. By ensuring a dependable supply of electricity, Wabash Valley Power Association empowers communities, supports local economies, and enhances the overall quality of life for residents in the areas it serves.




This information is meant to be a general summary of Wabash Valley Power Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$934,723,597 (2022)
Expenses
$921,887,386 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,559,339
  • Program Service Revenue: $920,154,233
  • Gross Receipts: $935,205,243

Assets and Liabilities:

  • Total Assets: $1,598,590,270
  • Total Liabilities: $1,323,287,342
  • Net Assets: $275,302,928

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Programs

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

SALES OF ELECTRICITY

Revenue

$893,685,815

SALES OF TRANS. & DIST

Revenue

$17,170,840

EMISSION ALLOW. SALE

Revenue

$9,238,244

Organization Details

Founding Year

1963

Principal Officer

Jeffrey A Conrad

Main Address

6702 INTECH BLVD, INDIANAPOLIS, IN, 46278

NTEE Category

Code: W80 - Public benefit

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