Whitewater Valley Rural Electric Membership Corporation

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

EIN: 351902531 ✦ Liberty, IN ✦ Designated as a 501(c)(12)

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Overview

What is Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation is a not-for-profit organization, headquartered in Liberty, Indiana. Their primary mission is to serve rural communities by delivering essential electricity services. Through their electricity distribution, they contribute significantly to the local economy and support the livelihoods of their customers.


Official website here: www.wwvremc.com

What are the reviews and ratings of this charity?

The Whitewater Valley Rural Electric Membership Corporation is not currently rated by Charity Navigator. This lack of rating is not indicative of positive or negative performance but rather a result of its status as a non-501(c)(3) organization, which falls outside Charity Navigator's scope for evaluation under its current methodologies, including Accountability & Finance, Impact & Measurement, and Leadership & Adaptability.

While Charity Navigator cannot evaluate this membership corporation comprehensively, some administrative data, like the IRS Business Master File, is available. The organization files IRS Form 990, although detailed financial data, including revenue, expenses, or salary information, is not provided, likely due to the absence of electronically-filed Form 990 data within recent years.

As there are no user reviews from GreatNonprofits, we are unable to provide additional perspectives from individual donors or beneficiaries. This limits insight into public sentiment or anecdotal evidence regarding their services and impact within the communities they serve.


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

Is Whitewater Valley Rural Electric Membership Corporation legitimate?

Whitewater Valley Rural Electric Membership Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Whitewater Valley Rural Electric Membership 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $377,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,837

For more financial information, click here


Official website here: www.wwvremc.com

What is the mission statement of Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation is a dedicated organization that focuses on delivering electricity services to rural communities. Based in Liberty, Indiana, the corporation is committed to promoting business growth through the provision of essential electric power. Its mission revolves around ensuring reliable and efficient electricity distribution to its rural clientele, thereby enhancing their standard of living and supporting local economic development. The corporation's dedication to its customers extends beyond just electricity, as it strives to foster community growth and improve the overall quality of life in the areas it serves.


Official website here: www.wwvremc.com

Who is the CEO of Whitewater Valley Rural Electric Membership Corporation?

Mary Jo Thomas is the Chairman of Whitewater Valley Rural Electric Membership Corporation. The CEO's salary of Whitewater Valley Rural Electric Membership Corporation is $215,978 and their total compensation is $300,564.


Official website here: www.wwvremc.com

What is the revenue of Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation's revenue in 2022 was $32,149,264.


Official website here: www.wwvremc.com

Who are the executives of Whitewater Valley Rural Electric Membership Corporation and what are their salaries?

The average compensation at Whitewater Valley Rural Electric Membership Corporation during 2022 was $21,974. There are 29 employees at Whitewater Valley Rural Electric Membership Corporation.


Here are 15 key members and their salaries (Whitewater Valley Rural Electric Membership Corporation's CEO's salary is $215,978 and their total compensation is $300,564):


Rod West (Chairman)
  • Compensation: $10,915
  • Related: $0
  • Other: $0
Ryan Drake (Vice Chairman)
  • Compensation: $8,200
  • Related: $0
  • Other: $0
Jodie Creek (Secretary/Treasurer)
  • Compensation: $8,870
  • Related: $0
  • Other: $0
Nate Cantrell (Assist. Secretary/Treasurer)
  • Compensation: $7,575
  • Related: $0
  • Other: $0
Terry Hillman (Director)
  • Compensation: $9,700
  • Related: $0
  • Other: $0
Mark Miller (Director)
  • Compensation: $8,700
  • Related: $0
  • Other: $0
Joe Nocton (Director)
  • Compensation: $8,325
  • Related: $0
  • Other: $0
Garry Sayne (Director)
  • Compensation: $8,975
  • Related: $0
  • Other: $0
Mark Singer (Director)
  • Compensation: $10,075
  • Related: $0
  • Other: $0
Mary Jo Thomas (Chief Executive Officer)
  • Compensation: $215,978
  • Related: $0
  • Other: $84,586
Clay Smith (Line Foreman)
  • Compensation: $135,325
  • Related: $0
  • Other: $36,177
Eric Seibert (Lineman)
  • Compensation: $121,239
  • Related: $0
  • Other: $47,662
Brian Cheatham (Line Foreman)
  • Compensation: $119,560
  • Related: $0
  • Other: $47,513
Jimmy Berger (Lineman)
  • Compensation: $115,206
  • Related: $0
  • Other: $45,725
Grant Correll (Lineman)
  • Compensation: $114,885
  • Related: $0
  • Other: $33,671


Official website here: www.wwvremc.com

Where can I find the form 990 for Whitewater Valley Rural Electric Membership Corporation?

Whitewater Valley Rural Electric Membership Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wwvremc.com

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

Mission Statement of Whitewater Valley Rural Electric Membership Corporation

Whitewater Valley Rural Electric Membership Corporation, headquartered in Liberty, IN, is a dedicated organization that plays a pivotal role in promoting business growth by providing essential electric services to rural communities. This nonprofit corporation is committed to extending the reach of electricity to enhance the living conditions of its customers.

By offering electric distribution services to rural communities, Whitewater Valley Rural Electric Membership Corporation empowers businesses and households to thrive, ensuring a consistent power supply that fuels development and progress. The organization's primary mission is to provide electricity to those living in rural areas, making it an invaluable resource for economic growth and sustainable living.

Whitewater Valley Rural Electric Membership Corporation's unwavering dedication to its customers has been a cornerstone of its success. By focusing on electric distribution services, the organization has been instrumental in enabling businesses and families to prosper in rural areas, fostering a strong and vibrant community. With its commitment to providing electricity, this nonprofit organization is a crucial partner in rural development and progress.

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Impact




October, 2024

Whitewater Valley Rural Electric Membership Corporation plays a crucial role in connecting rural communities to reliable electricity, directly supporting local economies in Liberty, IN, and surrounding areas. By distributing electricity, the organization fosters an environment conducive to business growth and development, ensuring that both residents and local enterprises have access to the energy they need to thrive. This connection to essential utilities not only enhances the quality of life for residents but also promotes economic viability, helping to sustain and grow rural populations. Through its commitment to providing consistent and affordable electricity, Whitewater Valley Rural Electric Membership Corporation empowers communities to expand opportunities and improve overall resilience.




This information is meant to be a general summary of Whitewater Valley Rural Electric Membership Corporation. 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
$32,149,264 (2022)
Expenses
$31,043,025 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $78,696
  • Program Service Revenue: $31,125,710
  • Gross Receipts: $32,149,264

Assets and Liabilities:

  • Total Assets: $78,801,552
  • Total Liabilities: $41,427,384
  • Net Assets: $37,374,168

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Programs

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

RESIDENTIAL SALES- FARM

Revenue

$20,155,032

COMMERCIAL AND INDUSTRIAL SALES

Revenue

$6,865,887

RESIDENTIAL SALES- SEASONAL

Revenue

$2,965,058

SALES TO PUBLIC UTILITIES

Revenue

$478,551

SALES TO PUBLIC BUILDINGS

Revenue

$385,719

Organization Details

Founding Year

1994

Principal Officer

Mary Jo Thomas

Main Address

PO BOX 349, LIBERTY, IN, 47353

NTEE Category

Code: W80 - Public benefit

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