Overview
What is Western Illinois Electrical Coop?
Western Illinois Electrical Coop is a member-owned cooperative situated in Carthage, Illinois. Serving approximately 3,600 members in rural areas of Hancock, Southern Henderson, parts of Adams, and McDonough counties, their primary mission is to provide reliable and cost-effective electric energy services. With a dedicated workforce of 14 employees, Western Illinois Electrical Coop is committed to meeting the energy needs of its community members in the most efficient manner possible.
Official website here: www.wiec.net
Is Western Illinois Electrical Coop legitimate?
Western Illinois Electrical Coop is a legitimate nonprofit organization registered as a 501(c)(12) entity. Western Illinois Electrical Coop 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: $319,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,777
For more financial information, click here
Official website here: www.wiec.net
What is the mission statement of Western Illinois Electrical Coop?
Western Illinois Electrical Coop is dedicated to providing its member-owners with the most reliable and cost-effective electric energy services possible. This commitment is at the core of its operations, ensuring that its services meet the needs of its rural community members in an efficient and affordable manner. By focusing on reliability and cost-effectiveness, the cooperative seeks to enhance the quality of life for its members, offering them a dependable source of power for their daily needs.
Official website here: www.wiec.net
Who is the CEO of Western Illinois Electrical Coop?
Michael Todd Grotts is the Manager of Western Illinois Electrical Coop.
Official website here: www.wiec.net
What is the revenue of Western Illinois Electrical Coop?
Western Illinois Electrical Coop's revenue in 2022 was $10,459,583.
Official website here: www.wiec.net
Who are the executives of Western Illinois Electrical Coop and what are their salaries?
The average compensation at Western Illinois Electrical Coop during 2022 was $45,550. There are 14 employees at Western Illinois Electrical Coop.
Here are 12 key members and their salaries:
- Compensation: $138,029
- Related: $0
- Other: $65,868
- Compensation: $111,841
- Related: $0
- Other: $56,757
- Compensation: $101,579
- Related: $0
- Other: $47,600
- Compensation: $70,573
- Related: $0
- Other: $35,547
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
Official website here: www.wiec.net
Where can I find the form 990 for Western Illinois Electrical Coop?
Western Illinois Electrical Coop's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wiec.net
Learn more at the official website: www.wiec.net
Mission Statement of Western Illinois Electrical Coop
Western Illinois Electrical Coop, as a member-owned electrical cooperative, is dedicated to delivering the most reliable and cost-effective electric energy services possible to its members. This commitment is at the heart of its operations, ensuring that the rural communities it serves in Hancock, Southern Henderson, parts of Adams, and McDonough Counties have access to reliable and affordable electricity. The cooperative's mission is to prioritize the needs of its member-owners, striving to provide them with the best possible electric services.
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Impact
October, 2024
Western Illinois Electrical Cooperative plays a crucial role in enhancing the quality of life for its member-owners by providing reliable and cost-effective electric energy services. Serving approximately 3,600 members across the rural areas of Hancock, southern Henderson, and parts of Adams and McDonough counties, the cooperative ensures that communities have access to essential electricity services that support both daily living and economic activities.
The cooperative's commitment to reliability means that members can count on consistent power supply, which is vital for homes, farms, and businesses alike. By prioritizing cost-effectiveness, Western Illinois Electrical Cooperative helps to keep energy bills manageable, allowing families and local enterprises to allocate resources to other important areas such as education, health, and community development.
In summary, the impact of Western Illinois Electrical Cooperative extends beyond just providing electricity; it fosters community growth, economic stability, and enhanced quality of life in the regions it serves.
This information is meant to be a general summary of Western Illinois Electrical Coop. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $40,617
- Program Service Revenue: $10,402,651
- Gross Receipts: $10,459,583
Assets and Liabilities:
- Total Assets: $25,552,342
- Total Liabilities: $10,856,365
- Net Assets: $14,695,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$9,942,848
CAPITAL CREDITS
Revenue
$418,217
MISCELLANEOUS ELECTRIC
Revenue
$41,586
Organization Details
Founding Year
1938
Phone
(217) 357-3125Principal Officer
Michael Todd Grotts
Main Address
PO BOX 338, CARTHAGE, IL, 62321
Website
www.wiec.netNTEE Category
Code: W80 - Public benefit
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